Q: With goeasy's large drop today, assuming it's due to a sideswipe of the HCG debacle, is this a time to add to GSY. I know you like this company's growth prospects and have recommended it recently, but my concern is if there is a strong possibility that government may take a closer look at the 'alternative' financial practices given HCG's meltdown. Thanks for your take on this evolving situation!
Q: SBC is going through some moves - issues preferred shares, giving holders of capital shares more shares, etc. Could you explain what is going on? I own 500 A-shares. Thank you!
Q: Does the $2 billion LOC that HCG is hoping to secure today completely negate the run on deposits? It looks like the deposits were roughly $1.4 billion. Are these the only deposits taken by HCG or are there other subsidiaries that are also about to get the same treatment?
Q: Hello, My wife and I have GIC's at Oaken Capital and Oaken Financial (not the exact names but the two banking divisions of Home Capital). We have slightly less than 100K in each of the two laddered GICs. Thus, we assume they are insured. Would Home Capital's fate have an impact on Oaken? Should we be worried? Guess there is not much we could do about it now anyway. Hope we don't have to make an insurance claim. Your thoughts?
Q: I don't own HCG, so I think I'm objective. Don't you think this is a big black eye for the Canadian market? Why doesn't the regulator step up and make clear that the violations committed by management does not mean the company is not viable? Or do they know this, after what, a year and a half of investigating? Instead it allows a publicity-seeking chicken farmer to spread innuendo and essentially create a run on the bank? Just a complete screw up by all involved, IMO.
Q: What about an investment in equitable at this juncture given it is being tainted by home capital? Would they not benefit from Home Capital's demise? Thx
Q: Good morning...your view of the letter issued by CSU CEO last night? What do you read into it? Does it change your view moving forward? Nay projections on growth of stock for the year?
Q: Good morning...I have held syz for two years with a loss on the stock other than a dividend return but stock down 20%...I have held back on one of my rules of reducing exposure as you hold this company in high regard...I already own abt and it is doing well but am thinking of replacing one half of my exposure to syz with et...do you consider this a prudent move as I hold all of the balanced portfolio and parts of the dividend and growth portfolios and have had very good returns other than syz...I value your opinion in this matter and look forward to you reply...thanks for a great year ...gene
Q: Could you comment on the take over offer for Generation Healthcare - good or bad? Do you think there will be an equity offering (company says it is fully funded from existing resources - should we believe that)? Any comments about NWH in general for income would be appreciated.
Thank-you
Q: Your thoughts on Restaurant Brands quarterly report. Its a core holding for me, worth about 3.85% of my portfolio. Its the company's first miss in at least 9 quarters. What are your thoughts an managing an existing position (add, sell, do nothing)?