Q: With the information provided, it seems that the company has no choice but to use a LOC with a very high funding rate. How come they can t offer GIC with well above market rates to fund their current needs and stabilize the situation? Would there be no buyer with cdic protection ? Also, why do they need as much as $2B ? Thank you.
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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: what I have learned is that some of these short sellers are very well researched. that cohodes likely knows more about this stock than 99% of the long investors. fundamentals looked good. do you think home capital will go bankrupt or ..
Q: EQB.PR.C - do you think the $4 drop today is justified.
If not I am thinking of adding a little to my position before a possible rebound.
If not I am thinking of adding a little to my position before a possible rebound.
Q: Wow. All that selling. My question is who is brave enough to be on the other side of the trades? How does HCG get itself through 2008 etc with its history and falter like this?
Q: Hi 5i Team,
Do you know who or what APP Research is? The person BNN had on this morning certainly did not hold back on HCG. In case you missed it, he mentioned liquidation as a distinct probability. Unfortunately, I still hold the stock.
Thanks for your comments.
Do you know who or what APP Research is? The person BNN had on this morning certainly did not hold back on HCG. In case you missed it, he mentioned liquidation as a distinct probability. Unfortunately, I still hold the stock.
Thanks for your comments.
Q: According to Webbroker, it has an operating margin of 61%, ROE 16%, payout ratio of 9.8% and no debt. It looks like a quality company that's down about 28% on panic. If it's as good as it's stats appear to be it's on sale. What do you think of it's quality and prospects? Thanks.....
Q: Does the $2 billion LOC that HCG is hoping to secure today completely negate the run on deposits? It looks like the deposits were roughly $1.4 billion. Are these the only deposits taken by HCG or are there other subsidiaries that are also about to get the same treatment?
Thanks, Peter
Thanks, Peter
Q: Do you think HCG's "problems" could spread to FN?
Q: What would you do if you were invested in this stock?
Q: I don't own HCG, so I think I'm objective. Don't you think this is a big black eye for the Canadian market? Why doesn't the regulator step up and make clear that the violations committed by management does not mean the company is not viable? Or do they know this, after what, a year and a half of investigating? Instead it allows a publicity-seeking chicken farmer to spread innuendo and essentially create a run on the bank? Just a complete screw up by all involved, IMO.
Thanks,
Alex
Thanks,
Alex
Q: What about an investment in equitable at this juncture given it is being tainted by home capital? Would they not benefit from Home Capital's demise? Thx
Q: I'm looking at it down 45% today. Buying opportunity? Thanks.
Q: Hello Peter and team, this is regarding the news about GWO restructuring and reductions in Canadian workforce (1,500 employees over the next two years). What do you read in that news? Does this mean that GWO is losing business to the benefit of Sunlife and Manulife? In your opinion, what will be the impact of this transformation on the stock price in the long term? Would you buy GWO at this time. Regards, Gervais
Q: What are your current thoughts on EFN (given news today)? Thanks.
Q: Canadian banks and residential mortgages
My impression is that Canadian banks sell their mortgages. (Perhaps this is only the case for smaller banks.) Also, a portion of their portfolios would be insured. Do these points have a material impact on the actual exposure of the big banks relative to the apparent exposure arising from the volume of business? Are there comparative bank stats for their exposure in various lending markets, by sector and geography?
My impression is that Canadian banks sell their mortgages. (Perhaps this is only the case for smaller banks.) Also, a portion of their portfolios would be insured. Do these points have a material impact on the actual exposure of the big banks relative to the apparent exposure arising from the volume of business? Are there comparative bank stats for their exposure in various lending markets, by sector and geography?
Q: What is your opinion on long term hold of Broadridge Financial Solution (BR-N)
Q: With BMO and RY recently announcing they will securitize and sell uninsured Canadian Alt A mortgages, does this indicate that Cdn banks are following in the same foot steps of US financials leading up to 2008 financial crisis? What is your view on what this portends for Cdn financials and the Cdn housing market?
Thanks
(http://www.wealthprofessional.ca/business-news/big-six-bank-to-enter-fray-with-new-product-224397.aspx)
Thanks
(http://www.wealthprofessional.ca/business-news/big-six-bank-to-enter-fray-with-new-product-224397.aspx)
Q: Hi Peter and Team,
Home Capital Group Inc said founder and former CEO Gerald Soloway will step down from the board once a replacement is found. Is things at HCG get worse? Is HCG, stock price bottomed?
Thanks
Home Capital Group Inc said founder and former CEO Gerald Soloway will step down from the board once a replacement is found. Is things at HCG get worse? Is HCG, stock price bottomed?
Thanks
Q: thoughts on the news this morning , what do you think the shorts might do?
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Royal Bank of Canada (RY)
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Toronto-Dominion Bank (The) (TD)
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Bank of Nova Scotia (The) (BNS)
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Bank of Montreal (BMO)
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Canadian Imperial Bank Of Commerce (CM)
Q: Hi Peter and Gang,
Just wondering what your views are on Canadian banking industry going forward and if the 5 big Canadian banks are a buy, hold or sell.
Thanks,
Harry
Just wondering what your views are on Canadian banking industry going forward and if the 5 big Canadian banks are a buy, hold or sell.
Thanks,
Harry