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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: Brookfield Asset Management (BAM) said Monday it plans to commence a normal course issuer bid to purchase up to 31.8 million of its class A limited voting shares, representing about 10% of the public float.

Can you tell me how many shares are outstanding. Can you also tell me how such a reduction in the public float might impact the dividends paid out to shareholders over time (e.g. direct correlation)? Could this be the type of company that might annually try to reduce its float 10% to drive its own stock price re-rating? Lastly, is it common for a new company/spin off such as this one to start buying back its own shares?
Read Answer Asked by Justin on January 13, 2023
Q: Hi
I am wondering where i can find the companies that you added to recently
Thanks fa a great service
Read Answer Asked by joseph on January 13, 2023
Q: I have noticed many questions to 5i recently where the subscriber asks why a particular stock ha dropped so much in a day. You respond that there is no news. An alternate response could be that "probably Dan C bought the stock the day before". Conversely, if a stock as a big unexplained jump, the response could be "probably Dan C sold it the day before". I hope this helps.
Read Answer Asked by Danny-boy on January 13, 2023
Q: Hi Peter/ Ryan, I transferred BAM in kind from my Margin Account to my TFSA at a loss, do I still have to wait the 30 days to buy it back. Thanks, Nick
Read Answer Asked by Nick on January 12, 2023
Q: I'm not sure if you planned to take in the conference call today or not. RBC put out a one-pager on what Mgmt planned to do, which included a 40% cut to their dividend (creating a new yield of 6%).

Q#1 = As a result of Mgmt's plans going forward, what are your thoughts on AQN now?

I am fortunate that I bought AQN years ago at $5.60 (held in RRSP) and have trimmed (for asset allocation reasons) several times on the way up...as high as $21.10. However I do confess I added recently at $14.75. I still have some funds ready to top-up, but I am on hold for now...just watching.

Q#2 = would you add, hold or sell at this time?

Q#3 = my personal speculation is that AQN will probably just hang around the $9-10 range for a while. My hope is that a potential buyer will show up and take them out. In a November question, you thought the take-over chance was around 25%. With this new information in hand, do you have a new percent chance that they will be bought out?

Q#4 = if AQN does get taken out, would the usual ballpark premium of 30% apply? This would entice me to hang around for awhile.

Thanks...much appreciated.
Read Answer Asked by Stephen on January 12, 2023
Q: Cybersecurity - which are your top two ? - i.e. are the best of the best.

Which of these particular two:

- Has the best valuation?

- Has the best potential growth?

- Is the "safest" and has the best chance at being around for the long term?

- Has the best product / geographic diversification?

- Are both of these considered at the cutting edge?
Read Answer Asked by James on January 12, 2023