Q: Thanks Peter and all the team at 5i. Wonder on your view of MSI for the next 2 to 3 years as both an income play and for capital appreciation in the current economic environment?
You can view 3 more answers this month. Sign up for a free trial for unlimited access.
Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Hello Peter - I am looking at Currency Exchange International (CXI.S) It has only been trading since roughly May of 2011 - very thinly traded and very few shares (only 3 million) It seems to be growing rapidly and in a relatively safe area of operation. They also have some warrants that might be a consideration. I cannot find a lot of information on the stock and would very much appreciate your thoughts.
Q: Based on your previous comments, I believe you like National Bank and TD but what are your thoughts on Laurentian Bank (LB)? I have been considering taking a position for some time. It seems to be a conservative bank with steady growth, a good and improving brand (in Quebec at least), good dividend and low payout. Also, its small size and domestic operations seem positive to me. Thank you!
Q: IFC-held for 4 yr -ACB is $33.60. History of > dividends-was thinking of buying more -200 share only-small part of portfolio (RRSP). Should have bght in Sept.?
Q: Hi Peter- This question is about Fairfax Financial Rate Reset Preferred Shares. FFH.C can be called in Dec./2014. Between now and then you will get 8 dividend payments totalling $2.88. It currently trades at $25.87. There will be a loss of 87 cents meaning that your profit is $2.01 share or 3.9% over 2 years.
FFH.G gets called in Sept/2015. There will be 11 payments totalling 3.44. It is trading at $24.70, so add a 30 cent gain for a profit of $3.74 a share or 5.5% per year over 2.75 years.
The one that seems to be too good to be true is the FFH.PR.E which expires in between these two in March 2015. It trades currently at only $23.11. A gain of $1.89. With 9 payments totalling $2.67, you have a total gain of $4.56 on an investment of $23.11 or an amazing 8.8% average annual return over 2.25 years. What am I missing? You have 3 pref issues with a relatively close annual dividend and relatively close call date but with extremely different market values. Same company. All Rate Reset. Is FFH.E a buy?
FFH.G gets called in Sept/2015. There will be 11 payments totalling 3.44. It is trading at $24.70, so add a 30 cent gain for a profit of $3.74 a share or 5.5% per year over 2.75 years.
The one that seems to be too good to be true is the FFH.PR.E which expires in between these two in March 2015. It trades currently at only $23.11. A gain of $1.89. With 9 payments totalling $2.67, you have a total gain of $4.56 on an investment of $23.11 or an amazing 8.8% average annual return over 2.25 years. What am I missing? You have 3 pref issues with a relatively close annual dividend and relatively close call date but with extremely different market values. Same company. All Rate Reset. Is FFH.E a buy?
Q: I want to create a financial section of my portfolio. Somewhere between 15 and 20 %. I have been considering adding BMO and NA which are trading at 10 and 8 times earnings and yielding 4.3 and 4.66%. I think a good entry point would be a yield of 5%. Could you comment on the portfolio percentage, stock choices {are there better ?} and entry prices ?
Thanks Garth
Thanks Garth
Q: I'd be interested in your thoughts on the current share price of BAC. I've had a nice run since acquiring a position in April/12 but am questioning myself as to the potential upside of the stock in the next 12 months.
Q: Hi Peter/Team Happy New Year I like your opinion about SLF MFG. GWO please!!!
Q: Given the choice between Genworth MI (MIC) and Firm Capital (FC) which do you feel is a better choice for long term growth? All dividends will be re-invested. Thank you.
Q: I am thinking of buying Thompson Reuters "TRI" for a long term hold in my TFSA. Could I get your opinion if TRI is a buy please.
Thank you.
Thank you.
Q: Hi everyone, happy new year and thanks for all the great work. Please explain the significance of a negative payout ratio. Example; BNS has a negative payout ratios as per Globe & Mail. AT&T and Verizon also have negative payout ratios as well.
Is this a mistake in data by Globe & mail? Thanks
Is this a mistake in data by Globe & mail? Thanks
Q: Wisinhg the whole team at SiResearch a prosperous 2013.
re: Premium Income Corp. Cl A (PIC.A); I am invested in the Canadian banks through holding ZEB and ZWB. My focus is capital preservation and annual income over 2-3 years. Have you any comments on how PIC-A compares with the earlier mentioned ETFs? I would propose to hold them in a registered account, and review annually.
Many thanks.
re: Premium Income Corp. Cl A (PIC.A); I am invested in the Canadian banks through holding ZEB and ZWB. My focus is capital preservation and annual income over 2-3 years. Have you any comments on how PIC-A compares with the earlier mentioned ETFs? I would propose to hold them in a registered account, and review annually.
Many thanks.
Q: can you give me your opinion on [sii] sprott, thanks, pat
Q: I hold RY and I am thinking of trading it for TD because RY has leapt ahead in the last few months. Do you have any comment.
Thanks
PB
Thanks
PB
Q: SNV Us listed. Any opinion on this company Peter?
Q: BOCH - Bank Commerce Holdings in CA. Would this be a good buy for a long -term appreciation Peter?
Q: CF. In the hopes that M&A activity may pick up in 2013, do you like this company moving forward, in that it could stand to pick up more business in a heightened M&A environment? Does the purchase they themselves made a couple years ago in the UK still hold them back (bearing in mind that half their staff - if memory serves - jumped ship soon after the deal closed). Thanks for all your excellent advice and extremely thorough replies.
Q: Hi. I own the preferred shares, TD.PR.O, for which TD has the redemption option of redeeming the shares after Nov 1, 2010 at a premium & after October 31, 2014 for C$25. No ware on the TD web site can I find what “at a premium means”. Do you know what the premium value would be? Thanks for your help. … Cal
Q: Info only to 5i members. Just read this on Motley Fool website: http://www.fool.com/investing/general/2012/12/06/can-your-edward-jones-financial-advisor-really-ser.aspx
Probably explains in part why we are members of 5i Research.
Cheers...........Ron
Probably explains in part why we are members of 5i Research.
Cheers...........Ron
Q: Wondering about your current thoughts on Fiera Capital Corp. I have an existing position, and am wondering if you feel now is a good time to buy more. Thanks.