Q: What are your thoughts on buying the sell off? Thanks!
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Good morning team, Would you please comment on HCG's update on origination volumes. What would be your recommendation and rating now that this news is out?
Thank you!
Thank you!
Q: Good morning,
Looking for your insights into HCG's guidance this morning as well as whether the $6 or so decline represents a buying opportunity?
thank you,
Brad
Looking for your insights into HCG's guidance this morning as well as whether the $6 or so decline represents a buying opportunity?
thank you,
Brad
Q: Can you give us your thoughts on HCG in light of their new outlook. Is this a buying opportunity?
Q: 35% of mortgage loans in Alberta and all in Sask. are non-recourse where you can walk away from the mortgage if you're under water. I see HCG has a Home Trust office in Alberta; would you know how much of this type of lending HCG does in these 2 provinces or is this info even available? Can one know which are the biggest lenders in these areas - the big 5 banks, perhaps? We do know the Bank of Canada is concerned about some housing prices being up to 30% overvalued and FP did a piece on this recently:
http://business.financialpost.com/personal-finance/mortgages-real-estate/you-can-walk-away-from-your-mortgage-if-you-live-in-alberta-but-should-you
http://business.financialpost.com/personal-finance/mortgages-real-estate/you-can-walk-away-from-your-mortgage-if-you-live-in-alberta-but-should-you
Q: Hi, would you still rate this stock as A-? Seems to be on a steady decline for a year. I have an opportunity to add more to bring back to a full position, would you recommend I do this now or wait longer?
Q: These stocks have been falling lately, HCG in particular. What is your current recommendations on them. Is there a chance of recovery for HCG or should I cut my loss and get out. Thank you.
Q: Any idea why HCG down 5% today? Earnings report was not great but seems OK to me.
Q: I would appreciate your comments on todays earnings release.
Thanks, Hans
Thanks, Hans
Q: Hi: Today, on BNN, John O'Connel said that Home Capital is the most heavily shorted stock in Canada. Hard to believe, but I can't find the US short position anywhre. Do you know what the total short position in Home Capital is? Should I be worried?
Thanks,
Hans
Thanks,
Hans
Q: Hi Peter and team, I've read the changes you've made in the Balanced Equity Portfolio (formerly known as Model Portfolio). HCG was removed.....does this mean you are suggesting it is a sell? And, are we to assume you're not going to cover it anymore?
Thank you!
Thank you!
Q: Good afternoon,
Do you still have confidence in HCG?
Paul
Do you still have confidence in HCG?
Paul
Q: I would like to add one position in my RRSP and would like you to rank in order of preference Cineplex, Home Capital Group, A and W Royal Income Fund. I have read your reports and I know you like them all but would appreciate your input in making this decision. It's for a 10 year hold. 5i is AWESOME! Thanks
Q: Hi Peter & team, Would you pls. comment on HCG teaming up w/Wave Crest Group. Thank you!
Silvia
Silvia
Q: HCG is down over 20% since i bought it in July. It's in my TFSA, so I can't do a tax loss sell. The questions is, should I just wait it out and hope for the best? I understand the question is basically not how much I've lost, or even whether or not i can recover it, but whether the ( seriously reduced) money would be better off somewhere else. Thoughts?
Q: Between Ridley or Home Capital- what would the preference be? at present I do not have a full position in RCL and have no position at HCG at all ( yet )
Q: Yesterday Home Capital reported Diluted EPS of $1.36 and Adjusted Diluted EPS of $1.06. The analysts had a target EPS of $1.04. How do we know which EPS figure the analyst projection is referring to-the diluted or the adjusted diluted figure. Thank you and the team for all you do. Ian
Q: I am concerned that a flat yield curve is bad news for HCG in that their margins will be squeezed. I don't think that they will be able to repeat past years' performance. When they were profitable back in 2009, the yield curve was steeper than it is now. I am down 13% with this stock and considering moving on as I think the future does not look bright. Do you think this could be the reason for the drop in the stock price?
Q: This is an observation as opposed to a question. Some of you may have noticed the article on SeekingAlpha posted 4 days ago titled: "Home Capital Group - 50% Downside?". Of course there is always a chance that Home Capital goes through a rough time, but I wouldn't let such an article scare me. First, the author has 25 followers and track record. Also, he seems to have missed the fact that HomeCapital's business is mainly in Ontario. Let's keep our shares until Peter tells us the facts have changed. http://seekingalpha.com/article/2817856-home-capital-group-50-percent-downside
Q: Is HCG a buy at these prices & could you give me your outlook on HCG going forward.
Phil
Phil