Investment Q&A

Q: with recent preferred share activity is there a reasonable possibility ECN will enter into an acqusition before year end . Any way they would issue dilutive equity to do so?

Q: In the process of cleaning up the losers in my high risk portfolio. Could you please rank out of the above list which ones you would let go first?

Q: There was a lot of insider buying showing this morning.Is this just normal or are they anticipating good results.Is there information that I missed lately.

Q: Any comment on the ECN preferred shares announced today? Will they be rated by the rating agencies?

Q: would you suggest moving efn into ecn

Q: I am down on both of these companies since the split.Can you give me your outlook on possible recovery.Thank You
Garry

Q: Hello,

I have a diversified portfolio across all sectors. I recently sold most of my big losers like CXR and PHM etc. I'm now left with the following three losers: MG, ECN/EFN and AD.

I just don't know what to do with these. I'm down about 25% in each. I regret not selling CXR once it was down 25% and instead took a 75% loss and don't want to be in that position again. Should I sell any of these? MG seems to be the best company of the three, but it hasn't recovered this year like other stocks (at least not from where I bought) and now with Trump in there are a lot of fears about the auto sector, and I'm worried it will keep going downhill as NAFTA discussions begin. Anyways, I'm interested in what you think I should do with these three companies.

Q: ECN continues to drop in value. Is it now a strong buying opportunity, or is it just a company that is going down a lot more with tax loss selling. Should I possibly sell now and buy back in a month, just hang on or buy more? Your thoughts - thanks

Q: Hi Peter and Team,

Can you comment on how rising interest rates will affect ECN and EFN? I was an owner of EFN before the split, so I now own both, but I was thinking of adding to my ECN position.

Thanks,

Jordan

Q: Have held this for 18 months ,been very patient as a lot of BNN analysts have liked it with the promise of "unlocking value" when the company splitting into 2 ,but they only thing that has happened really is the stocks "dropping in value" any reason why and your thoughts for the next year on these 2 companies..thanks.

Q: What is your opinion about the failure of the merger with Infor? Thank you

Q: Hi 5i,

If book value of ECN is $4.41 per share, why would it be trading in the $3.15-$3.20 per share range right now?

Does the current share price increase the risk or change anything for the INFOR Acquistion Corp merger to close?

Thanks, Shane

Q: Hello Peter and Team,

Do to the split, I have a tiny (practically negligible) position in ECN. Is this a company that you would be willing to top up to a half position, or should I release it now? If you are willing to top it up, would you prefer ECN or EFN and why?

Thanks,

Wes

Q: HI,
In my RRIF I have 1000 FAP (Aberdeen Asia-Pac)
I plan to move all to ECN (ECN Capital Corp)
good move or bad move?
Thanks for your advice
Jean guy

Q: Looking for financial sector allocation suggestions as replacement for HCG/mortgage sector. Already have positions in EFN/ECN/CXI/BNS/SLF...any suggestions? or okay with going to 20% on tech vs current 15% 35 years old, money is all in registered accounts, little debt, and no need for money in next 10-20 years

Q: 5i,

Thanks for getting rid of Home Capital. I can finally take it off my radar. I've bought and sold this stock so many times due to the fact that I thought it was a "blue chip" that was just being unfairly treated in the market.

Hope you consider ECN as a replacement in your portfolio! I can see the stock being at around $6 a year from now and $9 a year after that. But it's probably too soon for a new company like that even if it is being run by Steve Hudson!

Thanks, Shane

Q: Will commercial lenders escape the mortgage pullback and could you recommend some that wont be as affected the governments rules separate from banks ?

Q: I owned some Element Financial in my TFSA and it just went through the company split, one of the companies to emerge is ECN which I will get a few shares of automatically. I was thinking of purchasing more of them and was wondering what your thought were on this new entity.

Q: I have a small position in EFN but have not seen any spin off shares of ECN yet as I expected.Can you please tell me how long before they are added to my account.? Thanks
Garry

Q: Which has greater growth going forwards in my RRSP for a ten year plus timeline, ECN or Element? Thanks.