Q: Could you please provide insight into the offer to go private. Based on ownership composition, it would seem unlikely a competing bid can be expected. Given the offer price and recent performance of the company it sounds like a good offer? Last check, it was trading at #12.15 so, sell or wait for the buyout date to get the $12,30 and pay no commission?
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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, Can you please comment on the recent earnings report. Would this be a good time to enter this name? thank you
Q: hi folks, could you give me an update on this stock looks like a share consolidation coming. scary or not thanks bill
Q: In your last answer on crh do you take into account the correction issued by the company regarding its first press release ?
Q: Which of these two, At current prices, would you buy today, assuming one has a balanced portfolio?
Thx
Karim
Thx
Karim
Q: Do you know if the secondary offering of PKI shares has closed? There is no confirmation on SEDAR and my broker (RBC Direct) hasn't participated in this (yet).
If it has closed, with the price holding above $29, would you consider this a good time to add?
If it has closed, with the price holding above $29, would you consider this a good time to add?
Q: Is the drop in BNS due to negative sentiment around Home Capital? I'm trying to determine if this is another buying opportunity.
Q: Morning guys, is it a good time to buy this company for a long term holding?
Thanks.
Thanks.
Q: In regards to the comments of another subscriber's about HCG.
The investment thesis made perfect sense: management navigated well through 2008, the greatest financial crisis of the modern era. The company had good capitalization ratios, valuation, and track record. David Baskin, Barry Schwartz, Jason Donville, Martin Ferguson/Jeff Mo thought so, and they have great track records and returns.
Judging the outcome of one company outside of the context of the whole portfolio is not constructive. This company was also dropped from the portfolio before the crash even happened. At the end of the day, 5i has provided market beating returns EVERY year since inception with the BE portfolio. These sort of events happen in the market every now and then and we shouldn't be ignoring the gains on our big winners.
Also, should we criticize Buffet for investing in United Airlines? How was he supposed to predict the self inflicted PR nightmare that the company suddenly got themselves into. Educated estimates based on disclosed information is the best we have.
By the way, I'd rather swing for doubles and triples and average market beating returns than swing for singles with vanilla names to get the market return. No need for soul searching here.
Keep doing your thing.
Elliott
The investment thesis made perfect sense: management navigated well through 2008, the greatest financial crisis of the modern era. The company had good capitalization ratios, valuation, and track record. David Baskin, Barry Schwartz, Jason Donville, Martin Ferguson/Jeff Mo thought so, and they have great track records and returns.
Judging the outcome of one company outside of the context of the whole portfolio is not constructive. This company was also dropped from the portfolio before the crash even happened. At the end of the day, 5i has provided market beating returns EVERY year since inception with the BE portfolio. These sort of events happen in the market every now and then and we shouldn't be ignoring the gains on our big winners.
Also, should we criticize Buffet for investing in United Airlines? How was he supposed to predict the self inflicted PR nightmare that the company suddenly got themselves into. Educated estimates based on disclosed information is the best we have.
By the way, I'd rather swing for doubles and triples and average market beating returns than swing for singles with vanilla names to get the market return. No need for soul searching here.
Keep doing your thing.
Elliott
Q: I have made a lot of money by following 5i and avoided losing a heck of a lot more. No one is perfect or bats 100......
A lot of far bigger Advisory Co's got caught in this. I'm a member for life with 5i.
:)
A lot of far bigger Advisory Co's got caught in this. I'm a member for life with 5i.
:)
Q: With the recent drop in price,would this be a good time to take a position for growth?
Q: Isn't it a a bit too coincidental that we learn that both Royal Bank and BMO are selling uninsured mortgage backed securities, a few days before the Home Capital death spiral? You have an optimistic bias, and typically trusting towards management, so I speculate that you will answer that there is nothing much to think of it, but could you take a distrusting view on this (without being paranoid) and guess what could have motivated them to do that?
Q: Do you see any buying opportunities in stocks that may have been unfairly impacted by HCG's news/drop? CWB and MIC have been two mentioned elsewhere.
Q: CRH down another ten percent today. Can you please comment on this after the CC. Do you still recommend holding this.
Q: Good morning and thank you for all your wisdom
Wondering about MX would you beable to shed any light on the drop today
Wondering about MX would you beable to shed any light on the drop today
Q: In regard to HCG I am on the wrong end of the stick with this one.
In your defence, I did notice a change in 5i's opinion of HCG around the end of March, here is an excerpt from one of your replies "Unfortunately, there is such a cloud hanging over the company right now, the fear and uncertainty surrounding it make it hard to be excited about in the shorter-term. It could still do quite well if they can get past all of the concerns but actions such as letting go of the CEO are not overly helpful in terms of boosting confidence. We would note that it has been profitable every year since 1999"
Fear and greed rule the markets, investor sentiment affects market value in the short term way more than fundamentals.
At this point, I want to learn what I can from this situation. What would you say are the take-away's from this debacle?
Thanks in advance for your continued excellent work.
Randy D.
In your defence, I did notice a change in 5i's opinion of HCG around the end of March, here is an excerpt from one of your replies "Unfortunately, there is such a cloud hanging over the company right now, the fear and uncertainty surrounding it make it hard to be excited about in the shorter-term. It could still do quite well if they can get past all of the concerns but actions such as letting go of the CEO are not overly helpful in terms of boosting confidence. We would note that it has been profitable every year since 1999"
Fear and greed rule the markets, investor sentiment affects market value in the short term way more than fundamentals.
At this point, I want to learn what I can from this situation. What would you say are the take-away's from this debacle?
Thanks in advance for your continued excellent work.
Randy D.
Q: In light of the recent events with Home Capital (HCG) would you have any
concerns with continuing to hold FC ? Joe
concerns with continuing to hold FC ? Joe
Q: Sorry, another CRH question. The stock is down after what looked like a solid earning quarter. is there something in the earnings report that investors do not like? Your thought on the continued selling pressure.
Q: Should Gsy be linked to home capital?
Q: HCG has hired BMO and RY as strategic advisors and have now secured a 2 billion LOC. Thoughts please??