Q: VB on a bit of a tear the last few months. I’m at 1/2 position and can’t decide whether to hold for overall financial sector diversification (also hold BNS, TD, SUnlife, MFC) or sell and add to one or all four of these large caps. Given VB’s valuation has now caught up to the sector, my thinking is it only now moves with the sector on go forward basis, so why not play that game with a safer large cap financial name? Does this make sense?
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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, thoughts on Versabank's latest quarter and specifically their Cyber security business line and partnership with Stablecorp.
Thanks
Rob
Thanks
Rob
Q: Is Versabank worth revisiting for more growth in the financial sector ? Have you looked at them lately?
Thank You
Clarence
Thank You
Clarence
Q: I notice the positive comments on VB on INK Morning Insider (stock price climb, insider buying, new mortgage capability, cybersecurity, looking for entry into US market, disruptive potential ...). Comments? Having owned it previously, is it time to buy again?
Thanks.
Thanks.
Q: Any news/reason why Versabank is up sharply today? They issued a press release regarding its loan portfolio a few days ago.
Q: Do you know what's moving Versabank lately? I was about to sell my shares about a month ago after two years during which it went nowhere. Do you think it is worth hanging on? What would be a good replacement in the small-mip cap financial sector, other than GSY.
Q: Would you please comment on VB results and give your opinion holding the stock for the medium and lon term.
Thank you
Thank you
Q: With the move towards online banking, since going into a branch is the pits even before the pandemic, I was interest in putting a little money into a virtual bank's stock. What are your thoughts about VersaBank or is there some other avenue that you might suggest?
Q: I thought the 2nd q results issued today were pretty good and the share price has responded. This company appears to be undervalued and it even pays a small dividend. Based on my investing experience, I think the market will eventually notice this company or it will get bought out.
Q: Hi 5i,
Last quarter I was considering watching my short-leash holdings like VB and COV for one or two more quarters ... considering the situation today would you carry on down the same path patiently or reconsider as that 1-2 quarters looks like it will be much longer?
Thanks
Mike
Last quarter I was considering watching my short-leash holdings like VB and COV for one or two more quarters ... considering the situation today would you carry on down the same path patiently or reconsider as that 1-2 quarters looks like it will be much longer?
Thanks
Mike
- Canaccord Genuity Group Inc. (CF)
- Primo Water Corporation (PRMW)
- Savaria Corporation (SIS)
- ECN Capital Corp. (ECN)
- VersaBank (VBNK)
- Kraken Robotics Inc. (PNG)
- Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD)
Q: Good morning, I hold these smaller cap companies in my TFSA for more aggressive growth, a strategy I believe you endorse.
In this new reality, I am thinking of a more conservative approach and selling the above and converting to FTS, RY, XRE, SLF.
If things recover well I will get a great pop on the big caps without the individual company risk associated with the smaller caps. If things go poorly with the recovery, my large cap mix should drop a lot less than the smaller caps.
Also, any of the above smaller caps that you do not like.
Thanks
Rob
In this new reality, I am thinking of a more conservative approach and selling the above and converting to FTS, RY, XRE, SLF.
If things recover well I will get a great pop on the big caps without the individual company risk associated with the smaller caps. If things go poorly with the recovery, my large cap mix should drop a lot less than the smaller caps.
Also, any of the above smaller caps that you do not like.
Thanks
Rob
Q: Good morning, Please comment on Versabank's recent quarter. Also, how does their forward PE compare to similar companies and the big banks? They now have a book vallue of $9.98 vs, stock value around $7.30, why the gap? Also, any thoughts on their new initiatives, specifically Versa Vault. I know you removed this from the growth portfolio early this year, do you think you would put it back in based on growing divvy and new initiatives?
Thanks
Rob
Thanks
Rob
- People Corporation (PEO)
- Sylogist Ltd. (SYZ)
- Covalon Technologies Ltd. (COV)
- Great Canadian Gaming Corporation (GC)
- goeasy Ltd. (GSY)
- VersaBank (VBNK)
Q: I’m struggling to decide which 3 of these holdings have the greatest potential if the only criteria was growth in a TFSA for a 5 year + hold.
I would appreciate any thoughts on which 3 you might keep and why (or which 3 you might divest and why).
I would appreciate any thoughts on which 3 you might keep and why (or which 3 you might divest and why).
Q: Versa Bank just announced an increase dividend. I find it odd it is not coinciding with quarterly results. Is this normal and should I read anything into this.
Thanks John
Thanks John
Q: Hello Team,
What is your analysis of the Sept. 30 and Oct. 2 news releases?
Thank you,
Joseph
What is your analysis of the Sept. 30 and Oct. 2 news releases?
Thank you,
Joseph
Q: Could you give me your short/long term outlook on VB and would you add to this position at the current level?
Thank you for your service
Thank you for your service
Q: I am looking at insider buying on VersaBank and it looks like everyone is buying, the CEO, the CFO, the Directors and at much higher prices close to $8.00. Is that a sign that some good news is coming soon? Would Versa Bank fit the bill for a buyout by a large Bank?
Q: Good timing to intiate a position ? Thanks.
Q: Hello
Versa Bank never have much to say. Is the deal they announced this morning material to Versa Bank. It looks positive enough.
Thank You
Versa Bank never have much to say. Is the deal they announced this morning material to Versa Bank. It looks positive enough.
Thank You
Q: If you had to pick one to add to today in a TFSA which would it be?