Q: I was wondering whether your service has anyone that uses technical analysis or whether you only go by fundamental analysis? It seems that technical analysis would have shown a definite red flag with ECN on the chart months back when the stock had a very big reversal candle in early November. Perhaps you could consider bringing on someone with TA expertise to help with stock selection and opinions.
Q: I am heavily overweight with big profits in the above stocks.
Which should I hold onto or sell?
Which will be affected by a NAFTA collapse?
Thanks for great advice.
Alex
Q: I have a question about ECN Capital.
There seems to be something very wrong as the stock price continues to go down almost every day. Management should never have talked about closing on some deal only to then come forward to say that it would be best not to do a deal as this only caused expectations to be dashed. It seems to me analysts do not seem to have much confidence in management.
The chart also looks absolutely horrendous so I was wondering whether there was any point in holding on here or best just to cut losses and move on as it does not really look like this company has much of anything going for it based on performance to date?
Q: I sold EFN and bought ECN for hopefully more growth 6 months ago. Just looked and EFN is back down around 9$? I would have thought that EFN would be a big beneficiary of the strong US economy. What are you're thoughts? Do you think EFN is undervalued and a good investment?
Q: Just curious why this is being called Element Financial rather than Element Fleet? It took me a while to realize that this must be same company.
Thanks.
Q: In financials I own about 2.5% of my overall portfolio in both TD and RY with about 1% in ECN (total of 6%). What would be your recommendation if adding more to the financial sector. Stay with Canadian banks (add to TD or RY or possibly BNS) or add something like SLF OR MFC? Any other suggestions?
Thanks.
Brian
SIS has grown to about 9% of my portfolio from an initial 6% and wondering if you think there's any more upside? My full positions are 5-7% so wondering if I should continue to hold or trim my position?
On the other hand GUD is down 20% and wondering if I should add more here or start a new position in CLS (I'm low on tech) if I do trim SIS. All of these are/will be in my TFSA.
Also, wondering about ECN, what will it take for it to break out above $4? It seems to be stuck below $4 for a long time now. I hold this in my RRSP.
Q: Do you think the preferred share for ECn( ECN.PR.A) would be a good investment if the company does well. This will be held in an RESP.
Thank you for your answer.
I am currently light on financials. I have a 2.8% position in SLF, 3.4% position in BNS and a 2.6% position in GSY. Would you recommend adding to these, or starting a position in ECN or something else. I am a long term investor who doesn't mind some risk.
Q: Good morning,
I am looking at buying a position in ECN Capital. Would you be comfortable at current levels? Any comments on their offer to buy service financial holdings?
Thanks in advance
Phil
Q: Can you explain in simple terms how ECN functions at a high level?
For example, in their rail vertical, are they leasing their own rail cars or connecting buyers to sellers while providing loans, or something entirely else? What makes them attractive for buyers versus going to a big bank? I'm trying to see wherein lies their competitive advantage.
Q: There has been a lot of insider buying lately in ECN. Is this normal after loss tax selling. Is the company buying back shares. ( PGF )is the investor Schuller still involved in company I believed he had purchased 90 million or so shares and please provide update on PGF.Are they starting to recover. Does PGF have light oil assets?
I’m thinking of adding ECN to my portfolio. However, I already owned GSY and FSZ. Do you see any overlapping? Which two out of these three names will likely have the best growth in the next few years? Which two out of these three have the better balance sheets? Thanks and all the best for the new year.
Q: Noted Peter's two top picks earlier this week , ECN and SHOP.
The stories may sound good but could you comment on the fundamentals on both of these companies.
ECN, reduced revenue in 2/3 last quarters and EPS down in past two quarters, increase in diluted shares in past year. Balance sheet looks iffy with increasing debt.
SHOP, net income down, eps down, negative free cash flow, negative ROE, negative ROIC., but nice balance sheet with lots of cash.
If these are top picks , why are neither owned by guest, households, investment banker clients or guest firm or affiliates as indicated on disclosure at end of top picks?
Thanks
Jeff
Q: I bought some of this preferred at 25.20. With interest rates holding steady or maybe a bias towards rising interest in Can and US is now a good time to add to my position in this preferred? I invest mainly for income.