Investment Q&A

Q: Hi,
How does EQB fare when compared to other banks (such as RY and TD) when being compared for being sufficiently well capitalized as discussed in your blog post? Thanks.

Shyam

Q: Could you comment on earnings. How does PRL compare to GSY?
Would you consider this a buy today?

Q: May I have your opinion on their earnings reported this morning, and your opinion on a potential investment in this company in light of current issues with the US banks?

Q: Hi 5i, Propel Holdings just reported, and would welcome your analysis of the results posted and the outlook conveyed.
As best you know, are they generally chasing the same customer as GSY does in their loans business, and would you see Propel more for income, growth, or expect a bit of both? Thanks kindly.

Q: VIRT has been banged up recently due, reportedly, to changes in U.S. regulations and their perceived impact. Do you feel that VIRT's stock price has over-reacted and that it might now be considered a buy?

Q: Good afternoon, I have a considerable loss in my BBUC holdings (held in an RRSP) and am wondering if I should consolidate into BN. If interest rates peak and the market rebounds, do you see BBUC realizing a significantly higher share price increase, considering their business strategy? Or, does it make sense to consider a consolidation into BN now? Thanks for your thoughts on this.

Brad

Q: If I look at the top holdings it appears that the fund will still enjoy the previous level of dividends, add to this the funds from the call options.
With that in mind the dividend from the fund should remain approximately the same as now. Thus a decrease in nav but with a higher yield than a few weeks ago. Am I missing something

Q: If forced to give a percentage chance of CWB failing, what would it be. CWB looks like a decent buy to me at the moment. Yield is good, payout ratio is reasonable, last report was okay, they are becoming more widely involved across Canada, etc. However, they are relatively small and by nature more involved with somewhat riskier loans. Is this a bank you would invest in right now?

Q: Can you suggest 5 beaten down, safe financial names with good long term prospects? Please include any relevant US companies that are available as EDRs. Thank-you.

Q: Hello - just wondering if you can shine a light on what the Cdn banks do with excess capital? I'm aware our banks are more regulated and conservative than their US counterparts, but given the asset/liability mismatch of SVB holding long treasuries with deposit money - I'm wondering if what Cdn Banks do with their deposits is regulated and what the big 6 are doing with that capital in gerneral. Thanks!

Q: Hi, how would you rate LB today on a risk and reward standpoint versus the big-5?

Q: Hi team,
I can’t get over why BN is selling off so much. I have listened to their conference calls, scrolled through their investor presentations and letters to investors. The quality hard assets they are owning seem rock solid with steady predictable cash flow. They seem to own the quality hard assets that keep the world going . I like that they are also very in tune as to where the new money is being allocated on a global scale (such as new global investments in green energy ). They really seem like top quality operators and remind me of Berkshire. I don’t see where they are tied to risk with this latest bank crisis that would tie them up to the selloff . They advertise 175 billion of available investment capital. Yet their market cap only shows 61 billion according to my brokerage. It amazes me like a risk asset like bitcoin is being bought up today even thought it’s mostly the crypto banks that are having issues and are most tied to this failure of Svb and such . You would think stocks like Bn and Berkshire should be flocked to as a safe haven but it don’t seem that way. Anyways ; rant over. What am I missing something ? In my eyes for a long term investor this seems like a great time to buy BN shares being almost cut in half from its high? Do you agree?

Shane

Q: WHAT ARE THE DIFFERENCES IN ASSETS AND INCOME S0URES (RECEIVING) BETWEEN BAM AND BIP.UN.? WHAT ARE THE ASSETS OF BAM AND WHERE IS THE INCOME COMING FROM? WHAT ARE THE ASSETS OF BIP.UN AND WHERE IS THE INCOME COMING FROM? DO YOU HOLD BOTH OR NOT?

Q: Thoughts on Firm Capital please. Can you please describe this company and its metrics with comment on stability of the dividend. On a scale of 1-10, where would you rate this company in terms of risk. Thank you!

Q: With all the turmoil at Credit Suisse Group is there an argument to buy at this low price. Is it an opportunity? or a trap?

Q: I have a 29% loss in BN and am thinking of harvesting the tax loss. Should I be concerned about missing out on a significant bounce before I have chance to buy it back?
Peter

Q: Could you share your thoughts on Chesswood Group's quarterly report released today?

How would you rate their business enterprise's prospects in the event of a recession?

Q: Peter,

Recently I believe you referred to Credit Suisse as being a “basket case” for some time. How would a layman pick up on this type of thing. Please expand.

Thank you

Paul

Q: In feb/22 Td made an offer to purchase Fhn (who at THAT time had 55 B in loans and 75B in deposits) for 13 B or $25 a share
At that time U.S. 10 year treasuries were about 40 pts above the 2 year and the U.S. prime rate was 3.25%.
On Mar 17 Fhn was trading at $14.93 down from $21.93 a week ago and the 2 year treasury is now .57pts ABOVE the the 10 year while the U.S. prime rate is now 6.70%
Looks like investors believe Td may back out and or Fhn is losing a lot of deposits.
Meanwhile UBS has made on offer Toi purchase Credit Suisse currently valued at 8 b Euros for 1 B’
Would it not be better for Td to back out of the offer, pay a penalty and use the funds to purchase shares in Charles Schwab at a much lower price then what Td sold them for or offer to purchase Fhn at a much lower price after a NEW risk assessment is done on FHN assets

Q: Took a modest position in this fund at 18 dollars. What are your thoughts for a 20 year hold for retirement income. Being a bit greedy while others are fearful !!!!!!!!!!!!