skip to content
  1. Home
  2. >
  3. Investment Q&A
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: An anecdotal comment and a question.

1) When you recommended ECN as part of the portfolio I purchased EFN instead, a fat finger mistake. Unfort when I realized the 'mistake' I made I sold me EFN and bought ECN. A mistake I wished I hadn't corrected.

2)An analyst I follow, with a 65% success rate (wished I was that good) made this recco this am.:

"TD Securities analyst Mario Mendonca downgraded ECN Capital Corp. (ECN:CN) (OTC: ECNCF) from Buy to Hold with a price target of Cdn$0.00..."

I have seen your comments on ECN this am. Its performance has been abysmal ever since it was added to the port, how strongly do you feel ECN will survive and not hit 0?

Sheldon
Read Answer Asked by Sheldon on May 17, 2023
Q: Hi There!

I have read your comments this morning on ECN. it looks like the root cause of their troubles is the inflationary times, Marine/RV/Mobile home financing originations are shrinking considerably etc. I’m a long time holder who is breaking even at these levels. The position is a small part of a diversified portfolio (about 1.5% presently). Do you think it’s worth waiting for the “strategic evaluation” or should one just call it a day and SELL? Otherwise I think it’s a long wait for anything positive to happen here?
Read Answer Asked by Robert on May 16, 2023
Q: Hello 5i team,
I currently hold BNS in my TFSA for income. I wanted to add more given the recent downgrade of some CAN banks. Is the downgrade given as a result of US banking turmoil and recession anticipation (South American exposure in BNS's case)?

How stable is the dividend very long term? Do you think there will be an increase in the coming quarter/annual results? I have asked this before but would like to know what the pulse is for it's payout.

Thank you,
Andrew
Read Answer Asked by Andrew on May 16, 2023
Q: Hi Peter, Ryan, and Team,

Realizing that HEB is a new fund, but given its low MER (0.19%) and its equal weighting strategy for the big six Canadian banks, I am considering buying some for our non-registered portfolio. 5i's Portfolio Analytics indicates that our Financial Services sector needs to be raised. In this sector, we already have some TD, NA, and GSY in our RRIFs.

In a recent G&M article, David Berman wrote about this ETF and other new ones. He was pleased, as we all must be, that ETF fees are dropping.

Would you buy some HEB at this time?

Thanks as always for your valued perspective.

Read Answer Asked by Jerry on May 16, 2023
Q: I have see. Reports from TD and elsewhere about how extremely discounted BN is. For example “ BN's 75% stake in BAM alone represents ~80% of BN's market cap. The market value of BN's stakes in BEP and BIP (~$17bln combined) more than offsets corporate leverage of ~$16bln, which implies that the market is assigning less than zero value to: 1) BN's stake in BBU (~$2bln); 2) the real-estate portfolio; 3) the insurance business; and/or 4) carried interest.”

How is this company not a “table pounding buy” at these levels given management’s record and current price.
Read Answer Asked by James on May 15, 2023
Q: Hello 5I. If you had to flag potential screaming buys in the market today what would 5 of them be for a 1 year period and 5 year thanks.
Read Answer Asked by Tyler on May 15, 2023
Q: First Republic Bank was taken over by JP Morgan Chase. Now my watchlist shows some shares listed as FRCB and these shares have been slowly climbing from .30's to a current price of .4679 US. Please explain what these FRCB shares are.
Thank you. Gordo
Read Answer Asked by gord on May 15, 2023
Looking for more? Sign up for a FREE 14 day trial! No credit card required

We invite you to sign up for a 14 day free trial of 5i Research!
Experience all the benefits and tools we have to offer; stock research, model portfolios, Q&A with our experts, and so much more. Join a community of like-minded investors today!