Q: I would like to have some clarity on the buy back of share. Just received an offer to buy back from 3.35 to 3.75
Why they want to back back? and is it a good move...should I do it?
I know that you have recommended this share before and would like to know what are you going to do if you still have it.
thanks for your help
Diane
Q: Good Day How do you rate First National for a dividend payer as compared to the big 5 Canadian banks? Can we expect some growth in the stock price over the next 3 years? If so how much? Thanks
Q: From a technical perspective is it time to sell GSY. It seems to have broken resistance to the downside, the next stop could be 10% lower. Your thoughts?
Q: I hold BAC and am underwater about 10%. In the present investing climate do you think there would be more upside potential by switching to AIG? Either now or just into the new year? Thank you.
Q: I am looking at the PB ratio for Laurentian Bank (0.74) and I find it hard not to invest in it, except if it is really in trouble. What is the historical PB value for this company? Why is it so different than all other canadian banks? If they just increased their dividend, it must be a sign of confidence? Thanks.
Q: I hold some 5 year rate reset preferred shares series A from Element Fleet Management (EFN.PR.A) which will reset to 6.933% on Dec 31, 2018. They also carry a conversion privilege to convert to series B floating rate preferreds (3 month T-Bill + 4.71%) which will be 6.444% for the first 3 month period in 2019. Given your outlook for interest rates going forward, would you advise converting? In addition I cannot find the ticker symbol to get a quote for the series B preferreds. Do you know the ticker symbol?
Q: LB just got whacked over its results but increased its dividend. What, specifically, do are the risks to this bank? Will it go bankrupt, be taken over or recover from a bad spell? Having just increased its dividend it seems unlikely it will cut it in the foreseable future. Why would it not be a "boring" income stock?
Thanks for your insight.
Q: I'm 75 and sort of religiously line-up my rrsp based on your income model portfolio,granted i dont expect always 2017 performance and i'm ready to surf the wave but in few case a Tsunami hit few holdings at this point i wonder if GS and FSZ will ever recover or end up like KWH . Mandatory disbursement (wich you are not responsible)and losses could seriously jeopardize my capacity to keep the divi/income in line.
Thank You
Daniel
Q: My wife would like to invest in a Canadian Bank. I know you favor the Bank of Nova Scotia . Question: Is BNS still your favorite at this time. According to my calculations the
Canadian Bank Of Commerce has a slight edge in dividends. Thanks. Ernie
Q: When I asked about this company in August 2017 (to date I am the only member to ever ask about this company) you were neutral/ambivalent to it as a good investment. YTD the SP up 24% and the dividend, despite the rising share price, is now above a 6.5% annual return. Still neutral?
Q: how is it that only days and weeks before announcing a Dutch auction, management and the company were buying large amounts of shares on the tsx? Is the not a prime example of insider trading before the puclic announcement? No wonder so many will not invest as it is not a level playing field!!!!
Q: Hi, I have a pile of different rate reset preferred shares that have done nothing but lose value, and I am considering ditching some of them and buying bank stocks. Of the choices between the big five Canadian banks which ones would you favour the most, I am looking for steady dividend payers that could go up in value. .........thanks Joseph.