Investment Q&A

Q: Dear 5i
I currently own TD and RY for my financial positions . I was considering buying SLF as an alternative to banks but still considered within the financial sector . Is it worth the diversification or should i just add to my existing bank stocks that i own ?
Also i've recently added HISA and PSA to my portfolio which would probably not be for a long term hold but until interest rates decline considerably from where they are today . My question is, is it possible to have too much cash parked in these type of accounts that should interest rates decline noticeably and quickly , that there would be a liquidity problem ie getting my cash out , should a lot of investors decide at the same time to liquidate their holdings in these type of accounts ?
Thanks
Bill C

Q: US banks have not well lately.
Looking to take a position in Morgan Stanley. Can you give me your short and long price range for this stock
Thanks Al

Q: Hello Peter
Any idea why Nu Bank holdings is surging as compared to NVEI, LSPD, PYPL etc. Is it because Warren Buffet owns shares in the company? Is it worth starting a position?

Q: Hi 5i
Any thoughts on CFG would be appreciated.

Thx
Gerry

Q: Bam has been strait down 20% in the past few weeks.What’s the problem?

Q: Of these two, which do you prefer and why? Or would you not be buyers at these prices? Thanks!

Q: Hi 5i
Not sure if I have my facts straight on this questions, but, I Recently read that BMO is shopping/selling their portfolio of RV loans, which I think they inherited with the bank of the west deal....and that this is another red flag concerning underlying BMO profitability and negatively affecting share price., ect, ect....Is there any truth to this and in your opinion actually an additional red flag that investors need to pay additional attention to. If so how would this deal work and to what degree would you be concerned?
thx

Q: Hello 5i,
Now that interest rates have increased wouldn't you expect the likes of SLF and MFC etc to benefit sufficiently to tilt them towards improved momentum? Lots to worry about out there - is it just tunnel vision - the "fear" and worry being more prominent than fundamentals at the moment ?
Thank you

Q: LB is now at levels below when it put itself up for sale .There has been management changes and a probable change in direction .At what price does it become too cheap not to be taken over . What do you see happening to LB at this price?

Q: Nice volume and price aprreciation last few days. I did take a 1% position primarily based on your recommendation and I thank you for this. Anything you are aware of that may be driving this.? Also when does company next report?
Thanks
John

Q: Hi Peter/Ryan, in my RRSP account I have 100 shares of BN and received 25 shares of BAM . BAM as you know has the better dividend. Would it be wise to sell the 100 shares of BN and by the same amount of BAM, just wondering. Thanks, Nick

Q: Blackstone reported earnings last week. What's your assessment and how will the results impact your opinion of the stock going forward. You've liked it in the past and recommended it as a buy, any change? Thanks.

Q: Do you think the announcement by Blackstone and KKR that they are going to stop charging carry on their private equity funds has affected BAM share price in any way? Wy do you think it has gone down so much? Thanks.

Q: Hi 5i,

Back on Oct 17-20, a few questions were asked about the waterfall in stock price of BIP, but there was only comments with regard to dividend stability and a few big sellers like BMO and Morgan Stanley. Yesterday (Oct 28th) a short report, by Keith Dalrymple, was discussed by Seeking Alpha (found under BIPC:US). Alpha wasn't too impressed and here are their conclusions:

"I held BIP for more than 10 years until I sold everything upon reading and thinking over the report.

Even though his report specifically targeted BIP, all Brookfield companies will be affected if the report is only partially true. In the world of alternative asset managers, reputation means a lot and it is questioned by the report."

Can I please have your opinion. Thx.

Q: These two stocks (and others) have relentlessly been sold off over the last 4 months. The main reason given by the experts typically is that interest rates are going up and are approaching/exceeding 5%. OK. I get that. But these both pay dividends which are 5%+ and dividends from a tax point of view are better than interest bearing instruments. So it must be that these sellers believe these dividends will not be paid in the future. Is that what is going on here and are they right? Is there a cash flow problem at these companies?

Q: Kinsale is down close to 20% after reported. Beside profit taking, do you see any other raison? Do you agree Kinsale is a proxy for Trisura?

Thanks

Q: Can I please get your thoughts on income/dividend safety for these companies. In your opinion would they be a hold or sell in this market.

Q: Last week we sold BN and BIPC (U.S. $) for tax loss. Since almost everything will be in decline over the next few weeks, do you suggest we leave the money in cash or buy another stock or stock which we could sell at a (probable) further loss to rebuy the original two? Could you suggest a couple of U.S. candidates please?
Thank you

Q: Is it time to buy ?

Q: How has debt grown for bip in the past 5 years? Is this debt level high/moderate/low? And how does it compare with cashflow growth over that time?