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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: Seems like the new CEO at Laurentian Bank since October 2020 is impressive. Last two quarters have been very positive. First female bank CEO and many females in management and diversity on the board. Check out the ESG journey in their recent report.
https://www.laurentianbank.ca/sn_uploads/fck/T1-2021/Corporate_presentation_Final_EN.pdf
This is a feel good investment for me.
I think people are waiting for their strategic review report.
Would like your comments including financials results.

Read Answer Asked by Madeline on June 07, 2021

Q: Hi 5i
Current holder of LB...They just reported earnings today and I see stock price is up.
How did their results stack up compared to other banks and does this improve your opinion of them?
What does there future look like moving forward? That is, would you expect them to continue to move more or less in lock step with the sector?

Finally...Would you continue to hold or sell?

Thx
Jim

Read Answer Asked by jim on March 03, 2021

Q: Hello,
I have been holding Laurentien Bank for a few years thinking it was 'cheap' as it was trading below book value. It's done terribly should I hold/sell any recommendations on an alternative holding for the long term.

Read Answer Asked by sundeep on September 14, 2020

Q: These are my biggest losers across my accounts. What are their prospects? Are any worth keeping, or is just time to move on? I don’t mind some risk, but don’t want to hold the hopeless ones any longer.
Len

Read Answer Asked by Leonard on August 19, 2020

Q: Hello,
I paid $38 for Laurentian Bank shares. Today they are trading at $26. They are in a non-registered account and I am looking to either hold them for at least 5 years or sell. Based on the current dividend, I am still getting a yield of 4%. Is this still a solid company that you would expect to be around 5 years from now? How likely would it be for them to cut the dividend again? How realistic is it to anticipate that it would return to $38 in the next 5 years? Thank you and have a nice holiday weekend.

Read Answer Asked by Cathy on July 30, 2020

Q: My income portfolio consisting of the above equities has taken quite a beating in the recent market downturn. Except for LB, there has been some recovery in prices, and so far dividends have been maintained. I have some excess cash to deploy, and would like your advice on whether to double down on some on my current investments, or your suggestions for other beaten down income investments. Thank you.

Read Answer Asked by Jean on June 12, 2020

Q: I did a screen on "undervalued" companies with growing dividends. My aim is income and dividend growth. Possibly a DRIP if available. Which 2 companies would you choose and why?

Read Answer Asked by Jean-Bernard on January 06, 2020