Investment Q&A

Q: Please help me with my thinking regarding the Brookfield bunch of companies.
Brookfield has for years, been criticized for its complex structure and until relatively recently had been simplifying. However, we now see a lot of activity with the formation of BBU , BAMR , BEPC and the soon to be ( new) BAM. They are selling companies to their affiliated companies ( Westinghouse , BBU to BEP ).
It is getting confusing. Could there some sort of financial shenanigans going on here ?
I have owned BIP and BEP happily for years and am close to buying BAM but am waiting until after new BAM has been spun out. I have looked at investing in all the Brookfield companies at one time or another but believe that Bruce Flatt has made his fortune from BAM stock so it seems best to follow his lead.
Your thoughts are appreciated.
Derek

Q: Between CWB and LB which do you prefer now? Thanks Jim

Q: Hi is there much of a sort position on this stock? Thanks a lot

Q: No press release yet (Nov17) regarding the Nov9 special meeting for the spinoff of BAM Asset Management Business. No doubt this will be approved. But why the silence. Do you have another source? Thanks

Q: I have an account at Wealthsimple. I received an email this past week from them about their Venture Fund I and that they are accepting new clients until Nov 25. This deadline seemed a bit strange to me considering they have never before informed me about this fund. According to them, this fund invests in high-growth potential, pre-IPO companies.Over the past 25 years, venture capital has produced 15% returns on average, versus 10% for the S&P 500.

In your opinion, if the economy is moving into a recession, is this a bad time to invest in Venture capital has a pretty good historical track record of above market returns. Is there anything else you can tell me about this fund?
thanks for your service

Q: Will I get the dividend if I buy on Nov 21 with shareholders of record on Nov 23.
I know that the processing date will be Nov 21, but the settlement date is about 4 days later, which would be after the shareholders of record date. I would appreciate if you would explain (again)
Thank You!
Albert

Q: Can I please get your take on q3 numbers and dividend raise for Olympia?
This company seems to be doing well but doesn’t get much coverage. Thanks

Q: Would you expect Trisura to initiate a dividend at some point? The three closest peers that you note in your January research report all pay a small dividend. Also, do you have an opinion on how long it will be before there is a clear sign that their expansion into the U.S. is succeeding? It seems to me the landscape is littered with companies who failed to crack the competitive U.S. market.

Thanks,

Q: Good Morning,
Of these two, which would be your top choice today for a 3-5 year hold?
Thank You

Q: Good morning, some colour on the STNE quarter please. This stock seems to be bottoming? Would you concur... a starter position or stay away?

thx, M

Q: Hi Guys

Can you outline a bit your thoughts on the Latin American holdings/issues with Scotia Bank eg. Mexico/Chile. Do you see these as short term issues which will resolve in time, view their holdings as having long term value and be a good contributor to earnings going forward (or assets they will be looking to shed), and do you see BNS earning as going down/staying the same/or going up over the next 5 years. And lastly the safety of the dividend?

Much thanks

Stuart

Q: What is the date of when the new Brookfield symbols will trade? If not known, guesstimate? I remember when BIPC was split out, the share price cratered as some people received shares they didn’t want to hold. Do you think the same will happen with either BN or BAM after the split?

Q: Hi team ,
Gsy is falling today. Earnings seemed good last week and I am seeing price target upgrades. I would of expected some strength here instead of sell off. Any reason for the negativity today? Should we be buying into weakness here ? Seems this company continues to be under appreciated and perhaps still relatively under owned. Would you agree this set up makes for great long term buying opp ? Buffett style focusing on fundamentals instead of market negativity? Thanks

Q: Hi there,

What are your thoughts on DFY? The stock looks like it has been acting well. Do you have any updates on the company and would you be a buyer? Are there any red flags?

Thanks!

Q: Your comments please on earnings from IFC and potential for this company going forward. Thanks

Q: You mentioned this morning that "Roughly half of Manulifes business is exposed to China". I used to work for them in Asia x 10 years until last year. They own 49% of their joint venture IN China, but I don't believe anywhere near half of their global business is exposed to China. I stand to be corrected but I would guess the number is more like 5-10%.

Q: The financials segment of my RRIF consists of BMO, BNS, RY with a 25 % total portfolio weighting.
I am looking at selling the 3 and replacing them with HCAL. Believing in the long term growth and security of the Canadian banks , I see this move as providing both higher stock price movement with its 1.25 leverage and higher dividend yield. I see the disadvantages being a nearly 1.00 % MER and greater lose potential in a falling market.
Am I missing any other advantages/ disadvantages ? Would you recommend replacing bank stocks with this ETF and why ?
Thanks
Derek

Q: Do you like the prospects of ECN at this time and do you think now is a good time to purchase shares in the Company or are there other Companies that you see as more attractive at this time? Note: I do have GSY already.

Q: A very credible management plans to have a loan book of $4B at the end of fiscal 2025. When they reach that goal, can you make a conservative range guess of EPS?
Do you think their FCF will be enough to reach their goal without doing an equity financing?
Thank you.

Q: Read article this morning that they will split US and Can. Business, but Canadian to carry debt. What is 5i views.Should I hold the stock and is the Dividend safe for the time being