Investment Q&A

Q: Dividend yield on Fiera at 10%. What are your thoughts on safety of the dividend? Would you prefer BNS or FSZ in here?
Thanks
Rob

Q: Any reason for me to continue holding unto the reduced number of shares since the 1 for 10 share consolidation a few months ago
Thanks Del

Q: Visa has been making new lows.What would you consider a good entry price for starting a position?
I assume visa has been decreasing due to recession and inflation cuting down on spending. Would agree with that or is there soem other reasons for the decline?

Thank you

Steve

Q: Do shareholders in BAMR also receive the spinoff from Bam?
Jerry

Q: 52 week low. Other than following the market trend is this low surprising? Any thoughts on near to mid term prospects? Still one of your favourites?

Q: Thank you for your answer re BX vs peers. I am planning on adding to an existing position in BX.
My question is: Stock price is back to early 2021 levels but on valuation metrics, how cheap is it actually? Additionally, at what valuation and at what approx share price would you feel is compelling enough to add to

Q: TD has $110 billion in HELOC balances which is greater than its 3 closest competitors combined. With crumbling real estate values is this a concern for shareholders?

Q: Any idea what the dividend will be on the spinoff shares?

Q: Hi,
I’m confused with the last press release of Brookfield on Friday :

""...The transaction will result in the division of Brookfield into two publicly traded companies – the Corporation (Brookfield Asset Management Inc. will be renamed “Brookfield Corporation”) and the Manager with the holders of Brookfield’s class A ………becoming shareholders of the Manager on completion (the “Arrangement”).

• Brookfield Corporation and the Manager will respectively own 75% and 25% of our asset management business;

• the Class A Shares of the Corporation are expected to trade on the New York Stock Exchange (the “NYSE”) and the Toronto Stock Exchange (the “TSX”) under the new ticker symbol “BN”;

• the Manager’s class A limited voting shares (“Manager Class A Shares”) are expected to trade on the NYSE and TSX under the ticker symbol “BAM”;

• each holder of Class A Shares will receive 1 Manager Class A Share for every 4 Class A Shares held;


It looks like the actual BAM.A shares will be « renamed » BN. And "NewBam" shares issued on 1 for 4 basis. Is it right?


Do you know how long it could take to implement the changes after the Nov9 meeting? 5-10 days? I plan to transfer some shares of BAM out of my RRIF this year and I prefer to wait after the spinoff.

Thanks a lot.

Q: I hold SLF in a non registered account. I’m down 19%. Thinking of selling, buying MFC for 30 days and then buy back SLF. I’m expecting an oversold bounce but a guaranteed tax savings is likely to be higher than the bounce and MLF should be a decent proxy. Flaws in this logic?

Q: Thoughts on BNS news today with new CEO?

Thx

Q: Hi Guys,

Can I please get your opinion of Ares Capital. How do you think it will hold up during a recession? Thanks

Dave

Q: Based on your response to Douglas today, I am concluding that BNS would be the Canadian bank to buy today. With a yield of 5.78%, P/B at 1.2, an RSI at 31, and trading at a one year low it appears to be a buy candidate. I would appreciate your comments.

Q: Want to beef up my finacials. I own SLF, TD, BAM.A and X . Trying to decide between 1. Buying BNS ( new position), 2. topping up my 4 existing more or less equally, or 3. putting it all into just 1 of the current 4 ( likely SLF as TD and BAm are already a big holding, jury is still out for me on X). Long term holds, balanced/income hybrid portfolio follower.

Q: How do you see XFN going forward in this environment, short and medium term?

Thanks for your service?

Q: Good Morning,

In a response to Gabriel on September 21 you suggested BX as a good US income opportunity.

Could you please expand upon BX and the reasoning for your suggestion.

I am interested but is it safe, secure and have growth potential.

Thanks very much.

Q: In a well balanced long term portfolio, with preservation of capital being the first priority, safety of dividend and some capital appreciation being secondary, would you add to BNS or SLF at this time? I have a 2.5% position in each and want to increase one to a 5% position. Would you suggest buying it all now or legging in over the next few months? Thankyou

Q: BNS has significantly underperformed the other Canadian banks over the last 5 years. From what I understand BNS is out of favour and being discounted due to its Latin American business. In the past BNS streamlined the business by pulling out of smaller countries and concentrating on just a few of the larger growing economy countries. Do you ever see them pulling out of Latin America all together and perhaps pursuing a growth strategy in the United States like the other Canadian banks have done? Or perhaps Asia? How much longer will investors, particularly large institutional investors, wait for this International strategy to work out before they demand a change of direction? Many thanks for the incredible service that you provide.

Q: Based on the answer to Douglas about CDN banks (Sept. 21) would BNS now be considered cheap with the metrics you provided?

Thx

Q: What are your thoughts on buying Berkshire on the neo exchange at this time?