Q: Hello, Are there any better names to consider in the financial areas? Any idea as to how long this stock remain neutral/negative? Thanks, Lavern
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Hello team, How would the measures of Fin Minister regarding mortgages affect HCG and BNS? Would you consider this an opportunity to buy/add?
Thank you!
Thank you!
Q: Hello team, Could I get your comments on yesterday's HCG's revised ROE target. Your latest report is from Feb 2015, would you still rate it A- today?
Thank you!
Thank you!
Q: Hi guys. How do you view the fact that HCG announced in the Q3 earnings call that it is planning on continuing a normal course issuer bid going forward, yet the CEO Solloway has sold 40,000 shares in the past week? Realize that he still owns approx. 3.5 M shares. Do you guys view this as cause for concern or just bad optics?
Thank you
Thank you
Q: Would HCG still be rated "A-" today?
Q: I am trying to reduce the number of the different stocks I own. I'm considering selling home capital group HCG, and replace it with either currency exchange CXI or Sun Life financial SLF, both of which are still underweight in my portfolios. Do you think it would be a reasonable a trade? It would leave my financial weighting intact.
Q: Peter, I own CXI, HCG, BNS with each representing approx. 5% of my portfolio. I am considering selling one and buying BAM.A; do you think this would make sense and if so, which one would you sell? I am also looking at selling my 2.5% position in TOU and replacing with either ENB or BEP.UN.
Thanks, Stephen
Thanks, Stephen
Q: For diversification,if reducing exposure to Canadian Banks,would you provide some recommendations of companies with comparable quality and expected market performance.Thanks.
Q: Hello team, How good is HCG's deal of acquiring CFF Bank?
Thank you!
Thank you!
Q: Unfortunately, I bought HCG at the top and am now dow 41%. Channeling my inner 5I, I'm assuming, given you see nothing fundamentally wrong with the company, that my reduced dollars are as well placed here as anywhere else at the moment. It's in my TFSA, so i can't take a tax loss. i'm a senior, more interested in income and maintaining capital than growth, though of course I'm happy if there IS growth. Does the real 5i share the view of my inner 5i, or should I take my loss and go elsewhere? Many thanks
Q: I am trying to decide how to complete the financial portion of my portfolio. I generally like a concentrated porfolio of 25 - 30 stocks with equal weightings. I currently hold Sunlife and BNS and can't decide between one of HCG, CXI and Element in Canada and one of JP Morgan and Wells Fargo in the US. (assuming this is not too much for the group)
Would appreciate any comments you may have and thanks for the insight.
Paul F.
Would appreciate any comments you may have and thanks for the insight.
Paul F.
Q: I have a similar (nice) problem to that posted by David. I bought a half position in HCG and saw it go up 15% in a couple of weeks. Tempting though it is to cash out and take my wife out for a good dinner, I still want to purchase the other half position as it was my intention all along (I am a long term invester). I am not trying to "time" the market, but it is 1) a small cap (the other financials I hold are RY, BNS and MFC); and 2) the market is gittery to say the least. So the question is: what is the reason for HCG to rise so fast? Short covering? As always, thanks again. Henry
Q: I hold 3 stocks per main section allocation and have HCG as my financial anchor (through thick and thin - as my three main inspirations Jason Donville, Mawer's Martin Ferguson and yourself are still constructive on it); I also hold AD. I sold RFC for a couple reasons including captial tax loss to offset gains elsewhere.
Which financial stock would complement well HCG (and AD)? CXI, EFN, EH, Fiera, other??
Assume an otherwise diversified portfolio for long term investor (doing well mostly except my financials!!). Dividend is nice to have but I am focusing on stock's total return as primary criterion.
Which financial stock would complement well HCG (and AD)? CXI, EFN, EH, Fiera, other??
Assume an otherwise diversified portfolio for long term investor (doing well mostly except my financials!!). Dividend is nice to have but I am focusing on stock's total return as primary criterion.
Q: Can you explain how you calculate ROE, using as examples a couple of the companies for which you have written reports?
Q: Hi, HCG didn't seem to participate in today's rally. Any reason? More housing woes? Thanks again Henry
Q: Hello: I follow everything on this site about HCG because I'm down 46.27% on this stock. As an investment, I'm wondering if and when I'll b able to recover what I've lost. I'd like to hold the stock for a long term hold, but I am not married to it, and if it will take several years, that's several years of my capital tied up with a stock "waiting" just to break even. It's held in a RIF account. What is your advice? Wait? Sell?
Q: Noticed the questions around ROE here and your updated report. I just read the Q2 update presentation on the companies website and saw that the ROE has declined from 32% in 2005 to just above 19% in the most recent quarter in an almost steady straight line lower. HCG's stated objective is ROE above 20%. While the ROE is still high, the trend on ROE is not positive and is not meeting their stated objective. Yet you give it an A rating and an avg ROE of 24.7% over 5 yrs. Is the downward trend in ROE a concern to you and the team?
Q: The new report on HCG has the 5 year ROE blank, yet assigns an A. TD rates this number at 22% (TTM); would you agree? Also aren't the brokers deeds of falsifying data fraudulent and actionable by the company? There ought to be some recourse for HCG to recover commissions paid out in good faith. Thanks, J.
Q: Their recent $15 million dollar purchase of CFF Bank, would you rate it as a wise purchase?
Q: Are Oaken Banks operations isolated from Home Trusts, or could there be any liability to them, should Home Trust have some fin'l issues re their mortgages?
Oaken looks to be offering the interest rates, of the former ING Bank, before it was sold to BNS. I would switch to them, if their are no issues for my GICs,savings acct.
Oaken looks to be offering the interest rates, of the former ING Bank, before it was sold to BNS. I would switch to them, if their are no issues for my GICs,savings acct.