Investment Q&A

Q: Peter and company,
Fiera has risen recently after being a bit stagnant but I am still down a little. Would I be better off to sell my shares (in a RIF) and buy something with either a better yield or growth possibility. I would appreciate your suggestions. Thanks in advance.
Gary

Q: First National released its quarterly earnings on April 28th. Analysis?

Q: Hi Team,

I just noticed a headline (http://business.financialpost.com/news/fp-street/fairfax-financial-holdings-ltd-says-insider-trading-probe-of-prem-watsa-tied-to-fibrek-inc) about possible insider trading at FFH. It seems this is not "new" news. Do you have any comments on the implications for holding stock in this company?

Many thanks.

Michael

Q: Good evening, I am the proud owner of CXI shares, which I hold in equal amounts in the TFSA and RRSP account. The shares held in my RRSP make up about 5% of my RRSP total while the shares held in my TFSA equate to roughly half the value of that account. Would it be wise to keep the shares in my RRSP and sell what is in my TFSA? If I was to sell (in whichever account) what would be a good replacement, or replacements?
Thanks a lot
Seamus

Q: Understanding that you focus on CDN stocks, I would value your opinion on Banco Santander SAN.US.
Do you see some upside at current valuations, the dividend sustainability, and ability to increase dividends.

Q: Hi Peter and Team,

Would you consider Fairfax Financial Holdings a good buy at today's price? I has been down in recent weeks. Would it be better to wait a bit longer in case the downward trend continues? The company reports on April 30th.

Thanks, as always, for your insight.

Michel

Q: Hi Peter; whats up with cxi? I can't find any negative news that would cause such a dramatic drop. thanx Rick

Q: Do you see much growth potential for GS in the near future or is it just a income stock. It is well off it's highs for some time now and just don't know if it's worth continuting to hold or use the money elsewhere for better potential for growth.
Thank you.

Q: Can you kindly provide your accessment of this stock

Q: i have held axp for a number of years and added some more this year. It appears weak these days, making it tempting to add more. As a cardholder, it is by far my favourite card to have. Service, points rewards, perks, web and app make it a winner in my books. Any thoughts on it as an investment? Thanks in advance.

Q: Hi: Today, on BNN, John O'Connel said that Home Capital is the most heavily shorted stock in Canada. Hard to believe, but I can't find the US short position anywhre. Do you know what the total short position in Home Capital is? Should I be worried?

Thanks,
Hans

Q: Hi guys. Please give me a Canadian equivalent etf which will protect against Cdn $ appreciation against U.S. dollar

Q: Your recent article on preferrers only alluded to resets, which are now over 60% of all preferrers issued. So, I don't know how much I can take from the article. For example, I would like your opinion on efn.pr.e. You have recommended fen several times recently, and this preferred yields north of 6.5%. I believe I get my 25$ back in another four years, as long as the company is solvent, right? And the reset spread is around 4.5%, so I either get my money back or i get a very good yield when this five year term expires, right? I realize I am not participating in the cap gains, but I traded that for a 6.5% yield that seems quite safe and getting my money back in the end (i.e. 5 years). Am I missing anything?

Q: Since March 25, 5 guests on BNN have recommended EFN. I own the stock and I am up 30%. You made some comments on April 1.

What has changed in the past few weeks to prompt this number of recommendations?

Is it time to cash out, hold or buy more?

Thanks.

Grant

Q: Hi Gang,

It looks like Aston Hill (AHF) is looking to sell itself according to information from PREFBLOG on April 16 as follows:

“Aston Hill is looking for a buyer:

Executives at Aston Hill Financial Inc. have been shopping their firm to other asset managers, hoping to find a buyer.
Over the past two months, senior employees at Aston Hill have reached out to several Canadian firms and expressed interest in selling their company, according to multiple people familiar with the discussions.

The overtures have been made at a volatile time for the company, which recently lost a high profile mandate to manage $2.2-billion ‎worth of funds for IA Clarington Investments Inc. which prompted Aston Hill to slash its dividend.”

What would happen to the share price (currently 81 cents) if a sale occurred?

Any thoughts on when or if this may happen?

Thanks
John

Q: I noticed that this UK bank sells at a discount to the tangible book value. Is there a reason that I should avoid buying this stock?

Q: Atlas is a spinoff of Kingsway, reportedly. Although not a dividend payer, its freedom from KFS seems to have been a positive move. What is your opinion of its current valuation and growth prospects?

Q: UBS is a Swiss based international bank that I'm interested in purchasing as a stock. Would you recommend it or, if not, could you suggest a European based etf as a better choice ? Thanks, as always.
Dave

Q: Do you prefer MFC or SLF at this time? Thank you.

Q: I am significantly overweight in Financials and would like your advice on trimming/rebalancing in my RSP portfolio.
I currently have 35 % in the following: BMO, BNS,CM,NA, RY,TD in the backs, SLF and GWO in insurance - all with significant gains, and HCG and CF in other financials with a moderate loss position.
Would you trim all positions or eliminate several companies?
Where should I rebalance into companies in your new growth portfolio?
Thank you for this advice!
Peter