Investment Q&A

Q: KKR Not a good day today but do you feel that it is still worth holding?

Thanks, Lesley

Q: I realize this stock has been beat up. looking to add a bank stock. Looking for a dividend stock for the long term. Should move on it now or wait until the dust settles. Or the other bank I'm considering is BNS. It's been the laggard for a while.
Looking forward to your comments.

Q: I am still somewhat confused about the ‘due bill’ trading status of BAM.A as described by the 5i team today. When exactly will BAM.A trade at a price reflecting the spinoff of BN? Geoff

Q: GUARDIAN CAPITAL GROUP LIMITED HAS AGREED TO SELL 3 DIVISIONS TO DESJARDINS FOR $750 MILLION . WILL THIS SALE CREATE A TAX LIABILITY FOR GUARDIAN ? GUARDIAN HAS NOT INDICATED WHAT IT INTENDS TO DO WITH THE CASH.

Q: I am thinking of buying CM on the NYSE and holding the shares in the US dollar section of my cash account with my stock broker . will CIBC pay the dividend inUSD? if so how much would the quarterly be in US funds? thanks Richard

Q: 5i Team, could you comment on following related to ECN, I have a full position on ECN averaging around 10% above current levels. I plan to double down on ECN in another registered account at this level, please comment

On a scale 1 to 10 what are the chances this stock going to zero, like what happen to XBC recently
Current ECN price levels are due to market sentiment to the stock or tax loss selling
On a scale 1 (riskier) to 10 (rewarding) what do you recommend members do at this price level
Comments on interest rate and ECN margins and profit

Q: Is ECN a good candidate for a tax loss harvest?

Q: Thought by 4 pm I'd see a question on CM. Is the -8% reaction overdone? At what point does the dividend support the share price?

Thank you as always....

Q: I have started buying this stock from $2.5 level , My average buying price is $1.8 . Keeping next 3-4 years view is it good to accumulate more at this level ?

Q: Is this a good entry point for a long position in Bank of America?

Q: Thinking about buying BAM.A today before the record date for the spin off. Can you explain to me that how BN and BAM can continue to grow after the spin off? Would one be more growth orientated and the other be more dividend focused? Any advice or insight you could provide would be greatly appreciated to inform my decision.

Q: How does the current collapse in the valuation of bitcoin affect covered call products like BTCY? Is there a thoughtful argument to be made for a recovery trade in bitcoin, and if so, is there any safety added by doing so via a derivative product?

Q: Thoughts on the quarter please?

Thx

Q: I read a couple of recent posts on how bad TD brokerage was and how good National Bank was. Greg ended his post with “TD sucks”. That gave me a great chuckle. I am a TD client and am quite satisfied with their service but this is not to defend TD.

I have started a thread in the Forum under Brokerages and Research Tools on National Bank on the pros and cons of using that brokerage. I am intrigued by their zero commissions but am a bit skeptical on their overall offerings and service levels. I hope Greg and some others will post on their experiences with National.

Anyway, I do have a question for 5i. If I moved one of my accounts to National, with zero commissions, how do they make money from me? I don’t trade on margin, so no margin interest there. I don’t sell stocks short. I don’t buy or sell options. So, why would they want my business, or maybe they won’t?

Thanks
Dave

Q: Could you comment on Bank and CBANK -Both lightly traded with high payouts ?

Q: There is lots of good information in the answers to questions on ECN and it appears 5I knows the company well ..... My question is on management goals ..... They grew the company and then sold off a third of it ..... They didn't keep that money to re-invest they returned it to shareholders ..... And recently they sold off another chunk for $200 million but they kept that money in the coffers ...... How does 5I view their strategy ? It looks to me like growth is not a goal with them ..... It looks like once a business reaches a certain level sell it ...... Does management have a stated strategy ? Are they planning on buying more businesses or concentrating on organic growth ? ....... I just can't get my head around what their aims are .......

Q: Hi there!

If one does not currently own BAM.A, what is best:

1. Buy it before December 9 when the new Corp will start so you get some shares of the new Corp too
2. Wait until after 9 December and just buy shares of the new Corp? Is it expected that the BAM.A and/or new shares will see strong performance after this date?

Thank you!

Q: In most of the offerings of Bank Structured Note offerings, this line appears..

The Bank may benefit from the difference between the amount it is obligated to pay under the Notes, net of related expenses, and the returns it may generate in hedging such obligations.

I believe this implies that any options,dollar hedges,derivatives ,futures, EFT'S or derivatives thereof,long and shorts positions of any of these...that the bank would most likely be the other side of any trades within these notes.

Question...It seems that the bank can and will dictate the outcome of these risky things thru related expenses.(.ie the bank deals the cards then plays the hand) ...is the deck not stacked against the retail investor of such so called investment instruments?

Q: Hi Team,

Have you noticed all the BAIL-IN debt that's being raised right now by Canadian banks? Shouldn't we be exiting these stocks or am I misreading what is going on?

I was shopping for some short term bonds with high yields to hold to maturity and I see a number of issues where "Bail-in debt," is written in the comments on the bonds.

Q: Hi Peter, Ryan & 5i team,
Opinions seem to be high on Visa right now with pent up demand for travelling . What are your thoughts on the stock? It is trading @ $211.73 US . Is there a canadian hedged Visa Stock? "VISA CDR trades @ $20.48. can you please clarify?
thank you for your opinions.