Investment Q&A

Q: Comments on the quarter please. Anything you would highlight?

Q: Should the news release today about rescheduling the earnings date worry us.

Q: "Thomson intends to return "at least $2 billion, which will be combined with a share consolidation or reverse stock split", to be funded by proceeds of the sale of LSEG shares later in 2023."

Do you have more information about this reverse stock split and how it might affect investors who currently hold the stock. Is it in an investors best interest to purchase more shares or wait to see what the actual transaction will be.

Thanks for your usual great service, Len

Q: HI guys

Wondering if you were looking at buying an insurance stock today and hold over 5 years looking at some dividends but mostly total returns would you buy Intact or Sunlife? Do you see a stronger management team at either?

Thanks

Stuart

Q: I hold these three and I'm wondering about consolidating into one. What would be your pick or is it a reasonable strategy to hold all three for diversification?

Q: Hi Team, my entire portfolio is in stocks(no ETF's) but i am intrigued by HMAX. I am thinking of replacing my two bank holdings (RBC,TD) with HMAX.
Is this basic understanding correct: If Canadian bank share prices decline HMAX unit price will do slightly better than bank index. In a steady share price enviornment for the banks HMAX will be about the same as the bank index. If the banks rise significantly HMAX will go up but will lag the index. All the while HMAX will yield approx. 13% while the individual banks will pay 4-5%.
My current view on the banks is cautious (hold) and I do not want to abadon the sector as it is such a significant part of the TSX and long-term they do well.
A 13% return with minimal volatility (arguably less volatility than holding an individual bank) seems pretty good for the banking allocation of a portfolio. Am I missing something?

Q: How did tmx do vs expectations in q4 and please can I get your take on the stock in general and how it compares to other peers on valuation. I notice quite a big valuation gap with respect to P/E with some of the bigger stock exchange operators but maybe these are in appropriate? Is it a good buy? Thanks

Q: Hi there,

I currently own BAM and GSY and am looking to add a third stock in the financial sector. Which of the 2 do you prefer between EQB and TSU?

Thanks!

Q: Has there been positive news on REAL to explain the recent momentum? Is it time to sell and move on or hold for a few quarters? Thank you.

Q: I am looking to put some USD, currently held inside an RSP to work on either of these Cdn banks. Is there a preference, or should I look at buying both? Also, would it be better to buy the US listed stock, as I have USD - or convert to Cdn dollars and buy the Cdn listed stock?
Many thanks!
Dawn

Q: Canadian banks:

How high a weighting in Canadian banks would you be comfortable holding?

Q: Hi

I hold both MasterCard and Visa and was thinking of selling one in a registered account to pick up some BRK.B.

Which one would you sell?

Thanks,

Q: May I have your comments on earning please

Q: December 2022 sold BBU and BBUC for tax loss using BN as a proxy. Now after 30 days considering whether best move is to buy back BBU or add to BAM or BIPC or standstill for awhile. BN is 4.5%, BEP is 3.55%, BIP is 2.52% and BAM is .97% of my portfolio where the investment objective is to hold a growth-leaning dividend-paying balanced portfolio. What would be your choice?

Q: Can you please provide your views on hmax?

Q: I am interested in your thoughts on the Canadian bank mean reversion ETF's. Do you prefer them to the regular bank ETF's? Any recommendations for the ones you like best.

Thanks,
Chuck

Q: Hi Peter, I'm limited in cash at the moment and would like to start a position with either BN or BAM. If only one could be picked, which one of these would you favor for a TFSA and why? Thanks, Nick

Q: What will the purchase today do to the offer to buy?

Q: I've been watching ECN over the past little while through 5i and note that they seem to be one of your favourite companies due to strong mgt. Noted your answers to some questions on Jan 24/25 and you felt that they have strong upside potential over the next 12-24 months. How risky would you say an investment in ECN is....say relative to a company like GSY? Thank you.

Q: Of these three financials - TSU, IFC, GSY - can you please rank per the following:

- Management

- Long term growth prospects

- Moat (or at least its strength within it's sub-sector)

- Best current valuation

- Relative safety (least risk - especially in a weak economy)