Q: DFN traded over 600 thousand shares today and up 35 cents. It is not paying the 10 cents on the class a shares this month. Why would the stock go up and trade high volume?
"Micro lending is fine for those that want to provide some capital for a social impact. But we would be very cautious seeing it as an 'investment' altnerative."
I could not agree more and I have found a lot of satisfaction lending through KIVA at https://www.kiva.org/
Q: Hi, What is your current opinion on EQB ? Stock had a strong run, but if I remember correctly, their most recent results were not and encouraging and stock took a hit. Do you think, the issues with the last quarter were only temporary and EQB is buyable today for a new position at current levels ? EQB was recommended by at least a couple of brokerages, recently ( Including CIBC), as the Best Growth story among Canadian banks. Do you agree ?
Q: Hi, We want to start a position in Propel. Bust stock seems to be volatile and we are not sure what would be a decent entry point. Could you remind us at what price 5i initiated the 1.5% position. Thank You
Q: Thank you for the great explanation on bitcoin and the upcoming halving a few days ago. I have owned a few bitcoin mining companies for sometime, definitely been going up and down over the years but recently they have gone below 30%. Would I be better off selling the mining companies and putting my money into the bitcoin ETFs?
Q: I listened to positivitilending on MoneyShow Canada yesterday and seems that it would be a good diversifier for my portfolio. What do you know about micro lending? Is this a legitimate company? What are your thoughts?
Q: Hi Team,
Is the jump in GSY shares related to the federal budget release? I heard that they left lending cap at 35%? Wondering if this was an overhang that has been lifted for the name?
Q: Momentum is very strong here and price hitting new highs. Would a secondary issue make sense here and do they require much capital for growth plans? Would it make sense to pay down debt?
Q: I have had GSY in my TFSA for a number of years and am pleased with the performance. For this year’s TFSA contribution I am torn between adding to GSY or starting a new position in PRL. I’m concerned about PRL’s steep runup recently and the potential for a sharp decline once I buy (of course!). I actually don’t mind a short term decline as I am intending this as a longterm hold but I do have concerns about catching the PRL wave as it crests. Given the metrics between these two and the current buy price, what are your thoughts on these two - GSY for it’s stellar track record or PRL for outperformance in growth. Thanks for your thoughts!
Q: I hold Upstart Holdings. It is down 80% from when I bought it. I have continued to hold it as I am hoping it may bounce when rates go down. And with its AI model, am hoping it could do quite well when lending picks up. But I see you really like Propel Holdings and, while a Canadian company, it sounds like most of its business is in the US. Could you compare and contrast the two companies? Would you favor a swap from Upstart to Propel? I also hold Goeasy in the space. Thank you.