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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: Would appreciate your analysis of their Q3 earnings that were released after close yesterday. At first glance, they look to be pretty solid.
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For the third quarter of fiscal 2019, sales were $28.92 million, 78% higher than in the same quarter last year and the seventeenth quarter in a row in which sales have grown from the prior year. For the first time, services revenue exceeded $10 million, continuing to grow in both absolute and relative terms.
Read Answer Asked by karl on May 28, 2019
Q: Greetings Peter and team,

We had set up the Knowledge First Financial's group RESP program for my daughter and contributed for 2 years. Then opened another account with CIBC and contributing regularly. Recently, we have received a mail from KFF asking us to vote on changes to the plan. Following is the link

https://knowledgefirstfinancial.ca/subscribervote/documents/family/2019-04-15-cover-letter-family-group.aspx

Do you see any issues with the proposed changes and or about the plan and company? My daughter is 12 now, is it ok to keep the money there for the rest of the time or should we transfer it to CIBC account? Please advise.

Thank you in advance
Read Answer Asked by Atchuta on May 28, 2019