Investment Q&A

Q: Which of the big Canadian banks (if any) would you consider most likely to buy the Canadian Western Bank? Thank you.

Q: this company is trading at a big discount to book. what
is your view ? good buy? too much control with majority shareholder? would you recommend it as a buying opportunity

Q: In my income portfolio, I have held a full position in BNS for some time, benefitting from nice dividends and now an 8% capital gain. I am aim to sell BNS and take a new full position in NA now that its price is weaker. What do you think of this approach? Should I buy a different bank instead?

Q: What are your thoughts of the spinoff of BAM.A's reinsurance subsidiary. When is this expected to occur, and would you take a position in this when it does?

Q: I understand you don't normally follow this company(trades on London Stock Exch.). I have been a long time share holder and am starting to wonder whether I want to continue with it or seek better alternatives. It has been quite flat for some time now and has done some questionable stock 'schemes' and share capital consolidations in the past. I would greatly appreciate any input and thoughts you may have on this company, if any. Many thanks to the 5I team for all their great work!

Q: What are your thoughts on STC . Low pe and positive earnings forecast. Would you view it as a buy at this time or are there other companies in the sector that you would prefer such as State Farm? Thanks for the analysis.

Q: What do you think of their latest quarter.

Q: Can't stop, won't stop. Like 5i, I like momentum.

Thanks for the recommendation a while back. I'm approaching a double and position size is still reasonable at 3.5%. Is a top up to ~4-5% reasonable given the momentum and outlook or do you think it remains a bit too risky to increase position size? Note that I stop buying a position at 5% and let them run to 7-10% before trimming, so topping up to 5% would put ECN as my third largest holding after CSU and GSY.

C.

Q: Hi Team,
Any comments on Lendcare (GSY), announcing point of sale financing for auto repairs? This seems significant to me, but the stock is not moving today. I have never heard of auto repair POS financing where I am. Seems like this could be a big thing if it takes hold.

Q: Can I please get your opinion of this company.

Thanks

Dave

Q: Would appreciate your updated thoughts on Voyager Digital and their recent quarterly report. Would you be a buyer here?

Q: MCAN (MKP) is a mortgage company that I hold. It seems to be a good income stock. It is raising more capital that I interpret as positive. Is this to hedge against the "expected" rising interest rates? If rates go up how will this affect their business? My holding is 3%, I am thinking of bring this up a bit based on their positive moves to increase capital. Am I reading this wrong?

Thanks,
Doug

Q: "TD earned $3.7-billion, or $1.99 per share" and yet it is down nearly 2% as I am writing this. What in your opinion is causing the drop?

Q: I am looking for US financial names to add to my existing exposures in PYPL, and V, Would you prefer the investment dealers or money center banks? Which names do you recommend in these sectors?

Q: Hi there, may I please get your opinion on UWMC, and how their recent results faired against expectations? How are they doing against their competition for market share? How do you feel about them going forward as a hedge against inflation?
Thanks!

Q: What an interesting approach to my enquiry. I'm currently in the midst of a 30 day free trial and thus far I have posed two questions to your team. The first was answered professionally. The second was met with disdain and an indication that I am "out of credits" and should renew my membership. Fascinating. If anyone of any importance sees this and would like to take action to perhaps answer my second question, which was about GSBD:US, that would be appreciated. Thank you.

Q: Hi ,
I hear about Bitcoin, Dogecoin and all sorts of other coins and names. The complication of understanding them kept me on the sidelines, not to mention the wild daily fluctuations. I was wondering if an easier way to get some exposure to Bitcoin, directly or indirectly, would be to buy some shares in Square?
Your thoughts are appreciated.
Thanks

Q: Hi 5i,
I want to deploy some funds into Financial Services in a registered account for a 3-5 year hold. I know that 5i is bullish on GSY, and I wonder if you would recommend it over BNS for a hold of that length. Today I can buy about 1.85 BNS shares for every GSY share bought, and would thereafter pocket (at present rates) approximately 2.5 times more dividend return from BNS than from GSY for every dollar spent buying in. With the goal being to relatively safely make money over the 3-5 years, and assuming COVID is under control, no other pandemic strikes during the period and only 'normal' market forces prevail, do you see the likely capital appreciation plus dividend of GSY over the period outperforming the likely capital appreciation and higher yield of BNS during that same time? I know that GSY has had a great run over the past year, but now that the world seems to be settling back down I'm having difficulty understanding why I might consider putting money there instead of into something that's many orders of magnitude larger and also less expensive to buy, both in absolute terms and (I think) on most 'price to' metrics .
Thanks for helping me out.
Peter

Q: Can I please get an update/opinion on this company. Thanks !

Q: Considering adding a small position in my RRSP of FIH. I thought with all the bad news coming out of India this might be on sale, but price action appears to be hanging in on the high side. This would appear to bode well for when India gets Covid under control, thus making it attractive going forward. Your opinion and analysis please.

Many thanks.