Q: Recent news of mass closures by Caribbean customers of their Royal Bank accounts due to sudden imposition of service fees suggests to me that Royal Bank either doesn’t know or doesn’t care what its customers want. It sounds like an idea generated by greedy head-office bean counters with no knowledge of what is going on in the field. If retail banking is all about service, then once the reputation for customer service is lost, won’t the business inevitably suffer ? In your opinion is this event a “tipping point” for the Royal Bank, presaging a similar abandonment by Canadian customers ? Or will Canadian retail customers simply shrug and carry on with business as usual ?
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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 are your thoughts on HBG ETF(Hamilton Capital Global Bank ETF). Do you recommend any other similar ETF since this is new ETF.
Q: Prior to Brexit there was considerable discussion about the need to address Cdn house price overvaluation, likely through mortgage terms. I note that both MKP - MCAP and Timbercreek have worthwhile dividends, provided their pricing remains stable or positive. I note that you like MCAP but the question is what do their future prospects depend on?
Thanks
Thanks
Q: Laurentian is doing $135 million dollar deal today at a nice discount and the proceed will be used to paid for an acquisition of CIT group What is your opinion on the stock and this deal?
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Sun Life Financial Inc. (SLF)
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Power Financial Corporation (PWF)
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Fiera Capital Corporation Class A Subordinate Voting Shares (FSZ)
Q: I currently own PWF and down 18% and it is in a non rrsp account.I can write this loss with a gain in another stock in which I am over weight and wondered if SLF or FSZ would be a better replacement for PWF? I own no other stock in the insurance sector but own BNS and TD for the financial sector.
Q: Peter and team
I was thinking of getting back into EFN at this time. I was wondering your thoughts long term, and more importantly what will happen to shareholders at the time of "the split".
Thanks as always for a great service!
Phil
I was thinking of getting back into EFN at this time. I was wondering your thoughts long term, and more importantly what will happen to shareholders at the time of "the split".
Thanks as always for a great service!
Phil
Q: PWF has been been hit fairly hard by Brexit. With a 5% dividend, it is looking attractive at current prices. Could you comment on the reasons for the significant price decrease, and would you buy today for a long-term hold, with dividend sustainability being the main concern.
Thank-you
Thank-you
Q: Does the decline in LYG appear over done due to brexit issues? What is your take on the firm
Q: Good afternoon,
I can understand that Wisdom Tree would decline after Brexit like other financials, but don't understand why it is being particularly punished (11%+) today. Could you please clarify.
Thank you.
I can understand that Wisdom Tree would decline after Brexit like other financials, but don't understand why it is being particularly punished (11%+) today. Could you please clarify.
Thank you.
Q: With the sharp drop in many European banks , are there any you would recommend at this point?
Q: Hi Guys
What is your take on Atrium at this time
Thanks Mike B
What is your take on Atrium at this time
Thanks Mike B
Q: With this financial storm coming from UK, what do you think of TD? Take the opportunity to buy more or is just a hold?
Q: Manulife is down more than the market and SLF. Is there a company specific reason for this? With a yield over 4% would you consider this a good buy for a long term hold.
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Power Corporation of Canada Subordinate Voting Shares (POW)
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CI Financial Corp. (CIX)
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Fiera Capital Corporation Class A Subordinate Voting Shares (FSZ)
Q: Hello Peter, I have two losers, CIX and POW in my portfolio. Kept hopping for a recovery but getting tired of waiting. I would appreciate if you can help me to find replacement for them. Is there a chance for them to recover in the next 6-12 months?
Thank you, J.A.P. Burlington
Thank you, J.A.P. Burlington
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RioCan Real Estate Investment Trust (REI.UN)
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H&R Real Estate Investment Trust (HR.UN)
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Granite Real Estate Investment Trust (GRT.UN)
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InterRent Real Estate Investment Trust (IIP.UN)
Q: I have not had a 'raise' in a while from RioCan. I have held the stock since 1999. Is it time to part company? It's near an all time high. Can you suggest a REIT which does give good increases every year? A high ROC is nice, but not required.
Paul
Paul
Q: Which of these 2 stocks do you prefer primarily for income but also some stock appreciation.
Thanks
Thanks
Q: Hi Peter and Team!! What are your thoughts on FFH. Is it too pricey to acquire a few stocks? Are there any near future risks to holding the stock? Thank you in advance, Tamara
Q: Your opinion on Royal Bank at the present time .
Thank you.
P
Thank you.
P
Q: Do you have any information on why there is such high volume on SLF today? Thank you.
Q: I hold RY and TD volume is 3 times higher today. All other banks volume is higher too. Price has not move up so much. Is everyone selling or buying more.