Investment Q&A

Q: Hi,

I trust that you are well.

A couple of questions....

1) The first one has to do with investor psychology. I've held CIX for about 2 years. I got in at around $20, and it has gone as low as $12, and is now at $17.50. My instinct is to sell and be grateful that I have minimized my loss. Thoughts?


2) "CI Financial announces substantial issuer bid price increase"... it has gone from $17.50 to $18.25. Seems bullish?

3) Would you be able to suggest a ball park figure as a sell price...from a value investing point of view.

Cheers,
David

Q: Howdy!

CIX is conducting a NCIB at a price of $17.50. Should this be seen as a good sign that CIX will actually go beyond $17.50 within a year and that I should not tender?


I got in ENGH at around $31. I am itching to bail. Is staying put for a few more quarters a better plan?

Thank you!

Q: Is Cix still ok to keep money for investing. I see they are offering $17.50 a share. Is this to pay off the big investment they borrowed from. last year for their expansion. How would them rate them. The stock was $28.00 a few year ago. Or perhaps they want to help TIXT. Will their dividend still be safe in a lower rate inviroment.Tks 5I

Q: Hi,
Is MG a buy? It looks like it has a reasonable valuation. Tailwinds? Headwinds?

I've been holding CIX for about a year now. Got in at about $20. Can we expect some upward movement given the share buybacks and the large economic context?

ENGH...is it reasonable to expect this stock to get to 35 or so any time soon?

Yours kindly,
David

Q: Why such a big downward move last week over 2.00 down.Did I miss a report and big amount of shares were sold.Tks 5i

Q: Just received an offer to purchase shares at $17.50 by CI. What is your valued opinion 5i. Have been enjoying (div.) Do you think price will move up. I believe they had a dutch auction back last year.Have not read any of their Fin. Info lately.The info is approx 30 something pages all legal talk.

Q: Hi!

Does CIX have what it takes to get to $20 and beyond?

What kind of market would you say we are we in? Sideways, up, or down?

Thank you!

Q: I have held min for 2 years and rec'd div. and i am even. Continue to hold my 1000 shares for income or could lower the amount of shares and buy another which would also pay div. . I am flexible FSZ also have 1000 shares and cix 1000 shares they seem to be moving well lately is Div in your opinion safe now better than before.

Q: Hi - of these two, which do you prefer for a growth mindset. Having said that, please feel free to say that you wouldn't invest in either at this time/prices. Lastly, do you see a possibility for AGF to be taken over (obviously with the blessing of the Goldring Family).

Q: What are the pros or cons of the Offer to Buy Back offer by CI Financial. Thanks Mavis

Q: Hi,

I am wondering what your thoughts are on CIX. Do you think the shares can get to $30.


Is BNS a buy at current levels?


Is it likely for interest rates to fall? If so, what would be some stock ideas to take advantage of a lower interest rate?

Thanks!

Q: Can you explain (laymen's terms) The news release November 10th and how the Dutch Auction works, are shares tendered through a broker? NCIB seems much simpler. Thanks!
https://www.5iresearch.ca/company/tsx/CIX

Q: Hi guys!

Thank you for your work.

If you had to describe the current market direction (up, down, sideways, don't know) how would you describe it?

Would you suggest 5 highish likelihood stocks ready for a bit of a rebound within the next few weeks/months?

Suggestion: We learn from our mistakes. Is there any chance you could have a page that notes all of 5i's misses (along with the explanation)?

I have been getting some bullish scuttlebutt on CIX. Would you give me your opinion on CIX's future...and likelihood it will get to $30?

Q: Hi!
CIX reported today.
Would you be able to provide your take? Specifically, was it actually a good quarter? Are things looking up? Are the chances high that CIX gets to $20...and beyond?
Thank you!

Q: Hi,

CIX has managed to get to $15-ish. My breakeven is $20. I feel that getting to $15 was a miracle and that $20 won't happen.

From a trader's perspective, should one take the loss and rebuild ?

From your broad perspective, should keep the faith and hang in there? You know...generally speaking for this stock? I noticed that 5i dropped Fiera. Maybe CIX is in the same situation?

Q: i own FSZ primarily for the dividend. would you consider switching to CIX now?

Q: Seemed to go down as fast as it went up-could you comment ?

Q: Hi,

In one day up 45% (short squeeze?), finishes the day up 24%, then the next day tanks 15%...almost ending up at the same share price before the 20% sale.


What gives?

Can you suggest a valuation?
What is the chance this thing gets back to $20?

Q: ...cix popped

...my breakeven is 20

...should I bail...given industry weakness

Q: Hi!
I just read piece about CIX in the Globe here: https://www.theglobeandmail.com/business/article-ci-financial-us-expansion-leave-canada/ .

It is a far from flattering description of CIX (says the CEO is overpaid, and the CEO overpaid for the US businesses, too much debt).

I have a couple of questions.

1) The article said that the CI will delist from the NYSE and be listed only on the TSE,
This seems like a bad development. What do you think?
2) Also, there is the talk about the IPO. Well, what does that exactly mean for share holders (ideally)? Would the IPO lead to a pop in CI's share price?
3) Would it end up being a dilutive transaction?

Maybe I am being pessimistic, but the outlook for CI seems...unprofitable...and I fear the worst (permanent loss of capital).