Q: Do you think this company can increase in value over the next 1, 2, 3 years?
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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: Hi - regarding IBG deb pay out. I guess this is dilutive to SH?
Can you explain the mechanics of the conversion and impact to the company ? would you look at this as a good buying opp? thks
Can you explain the mechanics of the conversion and impact to the company ? would you look at this as a good buying opp? thks
Q: I hold 'IBG.DB' debentures maturing 2019 June 30 in my TFSA.
If the shares appreciate above the conversion price, then the debentures become a kind of option on the shares, with interest income while you wait. In this case, it seems to make the most sense to sell or convert just prior to maturity (as holding to maturity would mean receiving back only face-value.)
On the other hand, IBI might at some point call the debenture away at face value, in which case the option value disappears. How do I make a judgement on the likelihood of the latter event? Am I missing something as concerns incentives not to hold to maturity?
If the shares appreciate above the conversion price, then the debentures become a kind of option on the shares, with interest income while you wait. In this case, it seems to make the most sense to sell or convert just prior to maturity (as holding to maturity would mean receiving back only face-value.)
On the other hand, IBI might at some point call the debenture away at face value, in which case the option value disappears. How do I make a judgement on the likelihood of the latter event? Am I missing something as concerns incentives not to hold to maturity?
Q: HI- your analysis of the quarter please. Loss due to FX seems to have knocked the air out- temporary? Is it a Buy based on valuation and growth?
Q: Peter,
What do you think about IBG? I already own SNC and WSP and they represent 10% of my portfolio. My ARE position is 1.5%
What do you think about IBG? I already own SNC and WSP and they represent 10% of my portfolio. My ARE position is 1.5%