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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: How do you see this acquisition by COV. A purchase price of $16.1M CAN for a company which gave you $11.1 CAN seems great but would I be correct that their bottom line margins are much lower then what COV's regular business gives.
Revenue of $11.1M CAN with earnings of $.684 M is much lower than revenue of
$20 M and earnings of $2.2 M (for the first 3 quarters of 2018) on a percentage basis.
Thanks
Read Answer Asked by Herm on September 20, 2018
Q: Any ETF i could park money (us dollar in rrsp account) with no or minimal risk of capital loss. I have some cash waiting for a pull back and would like a minimal return.
I’m worried that a short term bonds etf would suffer if market down/crash ?
Read Answer Asked by Olivier on September 20, 2018
Q: This company ,NORTH BUD FARMS, is going public on the CSE tomorrow. Can you tell me the proposed issue price?
Read Answer Asked by Cory on September 19, 2018
Q: Further to the ECI takeover, I have a general question as to how these things get handled, having never been involved in one before. Should I expect my broker (Questrade in this case) to provide me with all the details and provide me with instructions or does the acquiree mail me directly? There have been comments on TDs handling of this but I have received nothing from Questrade to date which didn't surprise me as I was expecting Brookfield to contact me.

Appreciate your help.

Paul F.
Read Answer Asked by Paul on September 19, 2018
Q: Stumbled across this stock which seems to be going crazy on the market today. Do you know anything about it? My online trading account doesn't recognize it.
Read Answer Asked by Sandy on September 19, 2018
Q: There seems to be some confusion regarding the Brookfield offer to Enercare. Here’s is my experience. The vote for the offer is due September 20th before the meeting four days later.
On the other hand, the instruction for choosing the option 1 (having BIP.UN shares for ECI) or option 2 (the default, receiving cash) had to be given to TD Waterhouse before September 14th at 11h59am. Like some customers I received the notice dated on September 6th just this Monday. According to Kingsdale Advisors all instructions should have been registered by them this Monday September 17th at 5pm.
So according to my experience, TD Waterhouse did a lousy job of making sure their customers receive the timely information. Moreover, on Monday morning, I had to wait two hours on the phone before talking to a TD agent regarding this transaction.
I hope this helps clarifying some of the confusion. May be someone should open a forum for discussing possible recourses against brokers in those cases because this it is a recurring theme, in my experience.
Read Answer Asked by Jean on September 19, 2018