Investment Q&A

Q: Hello,
Over the years I have fallen into the trap of buying BNS as many analysts have promoted as the most international bank, as as a result I have 7.5% position. However, I have now come to the realization that the countries that they do business ( mainly South and Latin America) are in most cases very poor countries with little or no growth and unstable Governments.. As well, the bank's CEO's poor performance. Therefore, As soon as I hear what the new CEO has to say in a couple of weeks, I will slowly exit the position . What are you thoughts in moving the funds to TD or NA or BMO?
Thanks
Carlo
Thanks
Carlo Rea

Q: Hi 5i Guys

I've owned BIP/BIPC for several years and done well with it. But with all the new Brookfield offerings and re-structuring I don't know if it's still best for me. Looking for both Dividends and Growth and sticking with Brookfield, should I stay with BIP/BIPC or is there a better stock to purchase in the Brookfield family?

Thanks Ken

Q: I'm not seeing any news to explain the volume spike at the close yesterday, you??

Q: Hi,

I am wondering what your thoughts are on CIX. Do you think the shares can get to $30.


Is BNS a buy at current levels?


Is it likely for interest rates to fall? If so, what would be some stock ideas to take advantage of a lower interest rate?

Thanks!

Q: Can you recommend an etf/fund that tracks the Canadian banks?

Q: In previous questions on BAM and BN 5i has generally shown a preference for BN for capital gains and BAM for income investors . In a question by Peter this morning 5i's answer showed a year to date return of 25% for BAM and 14% for BN {assuming that squiggly line in front of BN doesn't mean a loss } .... I realize the period is short but what is the historical return of each versus each other from inception of the newer security ? { And which one is the newer security and how long has it existed ? } ..... And if BN doesn't come out a clear winner please explain your thesis on income versus capital gains ?..... I am considering buying one of them in my RRIF ..... Thanks Garth

Q: Any reason(s) for the good increases for both especially BAM.Txs for U usual great services & views

Q: Quick turn around in this stock, from a Private Placement to potentially tripling the Bitcoin rewards in the purchase of new machines. Volume seems incredible. Normally 8M shares on NasDaq, today 46M. Normally 1.5M shares on TSX, today 6.5M. I assume when high volume and a positive day is almost always a good thing? Maybe a hedge fund or ETF building a position?

Q: what's your take on this company?
thanks

Q: Hi 5i,
I’ve listened to several interviews with PMs who are pitching the case for insurance brokerage stocks for low capital needs and a built in inflation hedge.

Can I ask you opinion on Brown & Brown? Are there other names that you prefer in the space?

Thank you!

Q: Retired, dividend-income investor. Long term holder of BNS. In Feb '22 I trimmed a bit at $92. I recently added some back at $58.

With today's announcement and subsequent sell off, the dividend for BNS is now 7.4%. Normally the big Canadian bank yields are in the range of 4-5%. Assuming there is no dividend cut, then for the yield for BNS to get back to...say 5%...from its current 7.4%, then the stock price "should" eventually have to appreciate by a corresponding 48% (7.4 / 5.0).

What are your thoughts about simply buying and/or holding BNS for the current 7.4% yield and eventual capital appreciation...resulting in a total return of roughly 50+% over the next # years? This makes the big assumptions of a) NO dividend cut...but no big Canadian bank has cut it's dividend since WW2 and b) the new CEO can lead a turn around.

Thanks...Steve

Q: HI;
Today you had a question from Tim concerning the banks, and their outlook. I would like to buy some BMO; ZEB, however in the fund facts they state that they distribute any realized capital gains in December.
I do not want to get a tax slip for the yearly gains. Is my thinking off course? What do you suggest? , besides buying 6 stocks. If i wait till January , the price may have appreciated a lot.
Thanks, BEN.

Q: Looks like the Cdn. Banks may suffer this week on earnings. I am looking to add to my Financial exposure (currently less than 5%) in the next 6 months. Would you start adding now or would you wait given that banks are expected to struggle into early 2024?

Thank you
Tim

Q: I can't see any news but there was certainly a pop to the stock today (28-Nov). Any insight as to what happened drove this?

Q: Given your "We feel that we are currently coming out of the trough, recovering into an expansion" would you endorse SLF to BNS switch for 7% div and eventual BNS stock recovery (how likely)?
This is my way of setting up my portfolio for (eventual) retirement.

Regards,
JR

Q: Can you comment on the quarter and whether you feel the stock offers good value here?

Q: Does BNS still have a good exposure to Central and South America ? How much and in what areas ? Is it still one of your preferred Cdn banks ? Than you.

Q: Can I get an update on this company please, just came across this name and don't know alot about it. Is now a good entry point?

Thanks

Q: My question is about Banks. Now that the Bank of Canada has paused interest rate but do you think that it will not change the profitability of banks for at least on or two quarters (Net Interest Margins)? Now banks are paying 4.5% plus on GICs so their borrowing cost is not cheap. Your view on banks earnings what will be in this quarter (Net Interest Margin)?

Q: I own BEP and BIP. I am tying to understand their relationship to BAM and BN. The BAM website mentions their investments in renewables and infrastructure amongst other investments withut specifically mentioning BEP or BIP. Are these investments a reference to BEP and BIP or do they have additional investments in these areas?. Does BAM manage these investments by managing BEP and BIP while BN owns them? In which case, one can own both BEP and BIP by simply owning BAM or BN. Or are BEP and BIP separate companies that simply pay dividends to BAM or BN based on their percentage of ownership? I'd really appreciate if you could sort this out for me. Thanks.