Q: Also Please comments on earnings for Upst and Apps.(I forgot to mention in my previous question)many thanks
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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: On May 9th, there was a question from James about when MEG Energy might start a dividend. In their recent Q1 earnings report, they stated that once a debt level of $600 million was reached, which they expect by the 2nd half of 2023, 100% of free cash flow will be returned to shareholders. I would expect this means some combination of share buybacks and dividends.
In Q1, the company had approx $500 million of free cash flow, which is about $2.0 billion for a year at that rate. There are 307 million shares o/s currently, so that would equate to roughly $6.50 a share. If half went to share buybacks, then that would leave roughly $3.25 for a dividend, which would be about a 17% yield on the current share price. Of course, energy pricing could change significantly (up or down) between now and then.
In Q1, the company had approx $500 million of free cash flow, which is about $2.0 billion for a year at that rate. There are 307 million shares o/s currently, so that would equate to roughly $6.50 a share. If half went to share buybacks, then that would leave roughly $3.25 for a dividend, which would be about a 17% yield on the current share price. Of course, energy pricing could change significantly (up or down) between now and then.
Q: Please enlighten me. Cannot comphrend the Dutch Auction low average bid of $103 as thought that the tender offer should be higher. Also current price of $97.38 - 5.71. Is this the effect of this terrible markets? Txs for u usual great services & views
Q: Would you please compare Manulife and Sun life. I have some Manulife shares. Would you recommend buying more Manulife shares or buy some Sun Life shares instead and therefore have some of both?
Q: hi folks, opinion on Q results for Green Thumb cannabis...buy/hold/sell...and is their any company you like in MSO space...or is it total avoid...thanks as always, jb, Piedmont QC
Q: Could you comment on the earnings here? Market doesn't like them- but seems extreme.
Q: hi, if not already asked, can I get your thoughts on their recent quarter?
Looks like a lot of their numbers increased dramatically/positively. I have a 1.5% position already, would you add more (up to 3%) based on their numbers and increased guidance.....given the context of the market backdrop?
cheers....
Looks like a lot of their numbers increased dramatically/positively. I have a 1.5% position already, would you add more (up to 3%) based on their numbers and increased guidance.....given the context of the market backdrop?
cheers....
Q: Hello 5i,
Should I keep ZWH.U:CA in an unregisered American or an unregistered Canadian account?
Thank you
Stanley
Should I keep ZWH.U:CA in an unregisered American or an unregistered Canadian account?
Thank you
Stanley
Q: Stagflation - not sure if that’s on the horizon or not but what is the strategy of it is?
I am a buy and hold investor but feel I should hold off on putting more in for the time being. Or maybe keep averaging in over a year?
I am a buy and hold investor but feel I should hold off on putting more in for the time being. Or maybe keep averaging in over a year?
Q: Hello Peter,
Thank you for your response to my question. I am sorry if part of the question was not clear.
I was not looking for a choice between SHOP and TOI, or NVDA/QCOM over others. What would perform better between now and the end of seasonal strength end Feb 2023? Tech (SHOP and TOI) ) or Energy and commodities? Growth ( NVDA and CRWD) or Value (QCOM and MSFT)?
In your mind, is there a clear winner that would justify a switch from one to the other and is it too late to sell and make the switch?
Nothing is for sure. Just your opinion.
Regards
Rajiv
Thank you for your response to my question. I am sorry if part of the question was not clear.
I was not looking for a choice between SHOP and TOI, or NVDA/QCOM over others. What would perform better between now and the end of seasonal strength end Feb 2023? Tech (SHOP and TOI) ) or Energy and commodities? Growth ( NVDA and CRWD) or Value (QCOM and MSFT)?
In your mind, is there a clear winner that would justify a switch from one to the other and is it too late to sell and make the switch?
Nothing is for sure. Just your opinion.
Regards
Rajiv
Q: These two companies are incredibly innovative and have developed the vaccines that save us all. They are very profitable with Moderna selling at a PE of 5 and BioNtech at a PE of 3.2. Yet they continue to go down. They also have quite a few medicines in their pipelines. I have 65 shares of MRNA in my TFSA. Your thoughts?
Q: hi guys just wanted to know which one of these stocks would you suggest to hold for the next few months I have been holding on to tve and it doesnt seem to move much , thanks a bunch
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Vanguard Short-Term Bond ETF (BSV)
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iShares Floating Rate Bond ETF (FLOT)
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Vanguard Short-Term Corporate Bond ETF (VCSH)
Q: Don't have any bonds, just plain cash.
Interested in US corporate investment grade bond ETF.
Can you recommend one and would it be a good move at this point?
Thanks
jerry
Interested in US corporate investment grade bond ETF.
Can you recommend one and would it be a good move at this point?
Thanks
jerry
Q: Hello 5i Team
Do you endorse shorting that Nasada index as a trade . Would the
SQQQ be one that can be used, I have never shorted a stock or a ETF .What is your advise doing so with today’s market?
Thanks
Do you endorse shorting that Nasada index as a trade . Would the
SQQQ be one that can be used, I have never shorted a stock or a ETF .What is your advise doing so with today’s market?
Thanks
Q: Hello 5i,
Could I have your assessment of SNEX recent results and comments on the company in general please?
Thank you
Dave
Could I have your assessment of SNEX recent results and comments on the company in general please?
Thank you
Dave
Q: Can you comment on quarterly earnings for GIL please?
Q: Can you comment on quarterly earnings for HCG please?
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iShares S&P/TSX Canadian Preferred Share Index ETF (CPD)
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BMO Aggregate Bond Index ETF (ZAG)
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BMO Covered Call Canadian Banks ETF (ZWB)
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BMO Equal Weight REITs Index ETF (ZRE)
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BMO S&P 500 Index ETF (ZSP)
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iShares 1-5 Year Laddered Government Bond Index ETF (CLF)
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Vanguard U.S. Dividend Appreciation Index ETF (VGG)
Q: Could you give me 7 diversified income etfs for 200000 rank them in order which ones you would pick up first etc. thanks
Q: Hi team. I have ~$15k for my TFSA and was wondering about SYZ and FIE for tax free income. I’m down quite a bit with SYZ in other RSP accounts but was wondering if it might be an opportunity now while waiting for some growth in the future. FIE has been good to me and the coupon is roughly the same as SYZ. Hate to be a dividend chaser. Should I buy now or buy something else? Appreciate your thoughts. Bill
Q: Former DHX Media which was a favourite of yours years ago in the $10 range. Does Fine Capital still own a lot of stock? The CEO appears to be doing a good job. I like his Marvel experience and the fact that he sold two companies in prior years. Can you analyze their earnings last night?