Q: I got a call back from BMO Investorline as a follow up to my questions last week. I think I now have the answers and want to share them. The PDYPF are not ADRs and he did not see a need to do anything immediately. I can have the shares converted to FLUT on the NYSE but there is a 1% "stamp" tax ($608 for me) plus to sell I would pay the standard $10 commission and would then have to do Norbert's Gambit to convert to CAD or pay their conversion fees. If I sell the shares on the LSE I would pay slightly over $280 commission plus two fees/taxes totaling 0.6% and have to pay the conversion from sterling to CAD. I'm glad I have a good profit on these shares because that sure adds up. I both cases slightly over 1% of the value. I hope this information helps others.
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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: Looks like an interesting turnaround play.
Q: What are your thoughts on this IPO
Thanx
Gary
Thanx
Gary
Q: Hello,
FYLD was a top pick on BNN today. Any insights about this ETF. Thanks
Dave
FYLD was a top pick on BNN today. Any insights about this ETF. Thanks
Dave
Q: Would you know where this Flutter Stock (ADR? LSE, ISE) is traded? This is how it shows in my account and my broker did not know. And If traded on the LSE or ISE would anything happen following the new NYC listing? Thank you
F034505
FLUTTER ENTERTAINMENT PLC ORD EUR0.09 GREAT BRITAIN LISTED
F034505
FLUTTER ENTERTAINMENT PLC ORD EUR0.09 GREAT BRITAIN LISTED
Q: What's the best way to invest in Argentina? Big fan of Milei
Q: your thoughts on BASF (BASFY) ? Dividend payer/ large european company. For a long term hold. thanks
Q: These companies were touted as potential beneficiaries of U.S. restrictions on use of Huawei 5G tech. But no sign of this in their share prices. Too early, or not happening?
Jack
Jack
Q: I've discussed my Flutter shares with BMO Investorline representatives (and their backroom) for a couple of days now. The PDYPF shares are NOT ADRs but I'm not sure what they are. Are they CDIs (Depository Interest)? BMO IL says that I can only sell my shares on the LSE but to do that my shares need to be converted to FLTR. I see no logical reason they could not be converted to FLUT and sold on the NYSE. I don't think I am being given the right answer. Do you know what a PDYPF share actually is??
Q: Hello Team,
Could you give me a brief synopsis of this security and would you consider it a strong buy.
Thank You,
Barry
Could you give me a brief synopsis of this security and would you consider it a strong buy.
Thank You,
Barry
Q: CHINA how bad is it ?Unemployment rising in 20 to 30 year age group Foreign companies pulling out . Housing a mess.
What can Government do to stimulate and change course. Is China investable at present. or avoid.
Chinas slowdown effects Oil and Copper prices Although Copper is in short supply
Your thoughts on CS Capstone
RAK
What can Government do to stimulate and change course. Is China investable at present. or avoid.
Chinas slowdown effects Oil and Copper prices Although Copper is in short supply
Your thoughts on CS Capstone
RAK
Q: Don't know if the dividend is sustainable or not with this company, your opinion please and thanks
Q: As a follow up to the health care question posted on Jan. 15, what are your thoughts on NVO? I think that is has a similar market cap as LLY.
Thanks
Joe
Thanks
Joe
Q: Question about Flutter Entertainment. I have received the LSE stocks (FLTR.L) following the deal with Amaya. I was wondering would it be possible to exchange my LSE stocks for the NYSE one after January 29th listing. What would be the charge if any you think?
Thank you again for the great service by team 5iR
Thank you again for the great service by team 5iR
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Lithium Americas Corp. (LAC $3.97)
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Albemarle Corporation (ALB $81.84)
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Sociedad Quimica y Minera S.A. (SQM $47.33)
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NanoXplore Inc. (GRA $3.04)
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Carpenter Technology Corporation (CRS $242.16)
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Constellium SE (France) (CSTM $14.54)
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ATI Inc. (ATI $73.68)
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Haynes International Inc. (HAYN)
Q: Please, rank from most to least recommended and why? Are there any companies outside of Canada that you think might be preferable? If so, how would you rank them? If there is any other information that you believe might be useful then let me know.
Q: Peter and His Wonder Team
Here is an unusual question that I think I know the answer but looking for validation. I bought the largest Russian utility company before Putin invaded the Ukraine. Shortly after, the stock...I guess all Russian stocks...was delisted from the NYSE. I conclude it is a total loss...am I right? However I was wondering if it might ever be reinstated...for example in 5 years from now. If so would I still have claim to my stocks? Please tell me if all this thinking is impossible and this is just a tax loss conclusion. Your opinion please! Thank you!
Here is an unusual question that I think I know the answer but looking for validation. I bought the largest Russian utility company before Putin invaded the Ukraine. Shortly after, the stock...I guess all Russian stocks...was delisted from the NYSE. I conclude it is a total loss...am I right? However I was wondering if it might ever be reinstated...for example in 5 years from now. If so would I still have claim to my stocks? Please tell me if all this thinking is impossible and this is just a tax loss conclusion. Your opinion please! Thank you!
Q: I expected an announcement from Flutter today about our PDYPF shares. Is there going to be a "forced sale" of our shares on Jan. 29 or will they be converted to the NYSE listed shares. What do we need to do if we want to retain the shares? If there is a forced sale, who pays the commissions? In short, what's happening that shareholders need to know?
Q: Hi there, any reason for the nice move today regarding Flutter?
Any other intel regarding the US listing coming soon?
Anything else you can add would be greatly appreciated.
When do they report next, and what is expected, etc etc
Thanks!
Any other intel regarding the US listing coming soon?
Anything else you can add would be greatly appreciated.
When do they report next, and what is expected, etc etc
Thanks!
Q: May I please get your current thoughts on TH International. Growth seems strong and they are starting to open up Popeyes locations as well as Tims. Thanks.
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iShares MSCI Mexico ETF (EWW $62.19)
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SPDR EURO Stoxx 50 ETF (FEZ $60.61)
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WisdomTree Emerging Markets SmallCap Dividend Fund (DGS $56.91)
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iShares MSCI Brazil ETF (EWZ $28.85)
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iShares MSCI Emerging Markets ex China ETF (EMXC $64.54)
Q: Good afternoon all;
I have a developing opinion (still sorting it out) that it may be time to increase overseas holdings; I have underrepresented them significantly in the past 5 years. I am particularly looking at the African and SE Asian (ex China) economies. While I understand these may not be questions fully in your wheelhouse, your views would be appreciated.
- Do you concur that, subject to Black Swan events, we could expect overseas economies to outperform Canada in the coming few years?
- What geographic areas would you put focus on?
- Do you have 2 or 3 ETF's that may suit such a strategy? DGS is one that has peaked my curiosity.
Thanks for your assistance as always.
I have a developing opinion (still sorting it out) that it may be time to increase overseas holdings; I have underrepresented them significantly in the past 5 years. I am particularly looking at the African and SE Asian (ex China) economies. While I understand these may not be questions fully in your wheelhouse, your views would be appreciated.
- Do you concur that, subject to Black Swan events, we could expect overseas economies to outperform Canada in the coming few years?
- What geographic areas would you put focus on?
- Do you have 2 or 3 ETF's that may suit such a strategy? DGS is one that has peaked my curiosity.
Thanks for your assistance as always.