Q: May I have your assessment of ITG? Have you used their services?Do you see this stock as a buy?
Thanks, Tim.
Thanks, Tim.
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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: A hold a small position in CBO. Last week in the Globe John Heinzl discussed CBO's return of capital as part of its distribution or yield. He stated that an investor holding CBO gets a fatter distribution now that will be partially offset by a capital loss such that the investor's net return will be approximately the yield-to-maturity of the bonds less the fund's expenses. I didn't realize that CBO returned capital and now I am wondering whether I should be holding this ETF or not. I hold little fixed income in my portfolio currently but receive a defined benefit pension. Would you care to comment on CBO? Is there another CDN bond ETF that you would recommend instead? Thanks for all you do!!
Q: Any thoughts on this co? . Thanks Alnoor
Q: I have done pretty well with BEP.UN but am wondering how sustainable it is at this price. With a yield of 5.96% and according to my BMO Investorline a P/E ratio of 3929. Has it just been rising on the strength of 'Renewable Energy' in its name? Thks for yr valuable insight as always.
Q: May I please have a current opinion on ISV? I checked the Q&A section and it has been a couple of months since your last view was published. The dividend looks very attractive. Thank you again for your excellent service.
Q: Would a switch from Trimac TMA to Gamehost GM make any sense? - are they equally risky? Or should one hold either? Thanks Jim
Q: Hi 5i:
Your last comment on Endo (ENL, ENDP.US) was Feb 29th and at that point you thought that it was unduly beaten down by the market given the company’s recent performance and outlook. That was when it was over $40 US. Now that it is under $30 US, what do you make of it? Is it worth continuing to hold or have fundamentals deteriorated to the point where alternative holdings in the same space look much better? How does it stack up on a comparison with CXR? Thanks!
Your last comment on Endo (ENL, ENDP.US) was Feb 29th and at that point you thought that it was unduly beaten down by the market given the company’s recent performance and outlook. That was when it was over $40 US. Now that it is under $30 US, what do you make of it? Is it worth continuing to hold or have fundamentals deteriorated to the point where alternative holdings in the same space look much better? How does it stack up on a comparison with CXR? Thanks!
Q: I have held this stock , and find it frustrating to hold any longer. Is there hope for an increase in value within sight. Thank you Phyl
Q: Over the last couple weeks, Kinaxis has staged a crazy rebound from a low of about $33. Is it too late to get in? I keep hearing about it's nice growth rate and am kicking myself for not initiating a position.
Q: what sector does this stock belong to?
Q: Hello 5i team,
I’m concerned on Amaya’s future after reading this article in La Presse+ on April 2nd.
According to the article Michael Shatilla a Westmount broker and Jacques Lemelin a day-trader are part of a group that wish to obtain authorisation for a collective law suit against Amaya and its directors. They have deposited in Quebec’s Superior Court in order to get compensation for investors who lost after trading between March 31st 2014 and March 22nd 2016. They claim that privilege information was shared in order to boost the price of AYA in order to buy Poker Stars. Other distinctive law suits are in the works in the United States as AYA not only trades on the TSX but also the Nasdaq.
The fact that David Baazov has stepped down was appreciated by the markets. How much damage can this law suit do to AYA and is this going to keep the price down making it easier for the company to go private or is it too early to comment?
http://affaires.lapresse.ca/bourse/201604/01/01-4966833-recours-collectif-demande-contre-amaya.php
Ronald
I’m concerned on Amaya’s future after reading this article in La Presse+ on April 2nd.
According to the article Michael Shatilla a Westmount broker and Jacques Lemelin a day-trader are part of a group that wish to obtain authorisation for a collective law suit against Amaya and its directors. They have deposited in Quebec’s Superior Court in order to get compensation for investors who lost after trading between March 31st 2014 and March 22nd 2016. They claim that privilege information was shared in order to boost the price of AYA in order to buy Poker Stars. Other distinctive law suits are in the works in the United States as AYA not only trades on the TSX but also the Nasdaq.
The fact that David Baazov has stepped down was appreciated by the markets. How much damage can this law suit do to AYA and is this going to keep the price down making it easier for the company to go private or is it too early to comment?
http://affaires.lapresse.ca/bourse/201604/01/01-4966833-recours-collectif-demande-contre-amaya.php
Ronald
Q: Hello Team
Just wondering when we will see the blog on AYA?
Peter.
Just wondering when we will see the blog on AYA?
Peter.
Q: In an earlier reply on BNS you said it was up 12% over the year well ahead of other Canadian banks. Looking at 1 year chart from TMX shows BNS -1.29 over 1 year, BMO 3.91%, CM 6.25%, TD 3.49% and RY -1.5%. This data does not include dividends. Also looking at 10 year data you see significant differences in performances between Canadian banks and this was the same 15 years ago. Unfortunately, I could not paste the graph to prove my point but you can easily compare stocks using TMX Money over various time periods.
Steve
Steve
Q: Please comment on the following:
While it is exposed to oil in the west, Artis will still be able to cover dividends and, even if they cut common dividends would continue paying preferreds.
Second, reset preferred shares in general have been knocked down as rate increases failed to occur and exposure to oil in the west has pushed some down even further.
Third, Artis will likely recall AX.PR.A in September of 2017 when it comes up for reset, especially if rates are increasing at that point. I understand that Riocan recently recalled a reset. Currently trading around $17, AX.PR.A would be recalled at $25 if that happened. Worst case, assuming falling oil doesn't hurt Artis further and/or they don't recall AX.PR.A is that you continue to collect a pretty decent dividend when it is reset.
This is just speculation on my part. Please comment.
While it is exposed to oil in the west, Artis will still be able to cover dividends and, even if they cut common dividends would continue paying preferreds.
Second, reset preferred shares in general have been knocked down as rate increases failed to occur and exposure to oil in the west has pushed some down even further.
Third, Artis will likely recall AX.PR.A in September of 2017 when it comes up for reset, especially if rates are increasing at that point. I understand that Riocan recently recalled a reset. Currently trading around $17, AX.PR.A would be recalled at $25 if that happened. Worst case, assuming falling oil doesn't hurt Artis further and/or they don't recall AX.PR.A is that you continue to collect a pretty decent dividend when it is reset.
This is just speculation on my part. Please comment.
Q: I am over water on my SEV. I assume it has risen because of FB Oculus. Is there any hope for a takeover or should I sell at a slight profit.
Thanks.
Grant
Thanks.
Grant
Q: What is your view of Micron?
Thanks.
Grant
Thanks.
Grant
Q: I'm doing some portfolio re-balancing, and realized I have a 30% Technology weighting. Is this too high a weighting, in this climate. My stocks are ESL, CSU, DH, FB, SHOP:US, NVDA:US. If a divestment is in order ... which would you get rid of? (It's like choosing between favourite children, since they've all behaved admirably for me.) I'm only concerned that my weighting is out of proportion to what it should be. Thanks!
Q: Peter and 5i team ... not sure if your are connected to this karma, but 1 hour after my query on NSU`s SP, the price began a rise for the first time since the announcement of the ER date. Just looking for some reinforcement as I am a holder and do have positive expectations of this stock, but am wary of the ``Sell on News`` reaction typical of the current market. Thanks for the bump. ;)
Q: Peter; Ok thanks - I guess this part was confusing to me - if they don't redeem them, then it's the 90 day TB?
Should CWB choose not to exercise its right to redeem the Series 7 Preferred Shares, holders of these shares will have the right to convert their shares into an equal number of non-cumulative floating rate First Preferred Shares Series 8 (Non-Viability Contingent Capital (NVCC)) (the "Series 8 Preferred Shares"), subject to certain conditions, on July 31, 2021, and on July 31 every five years thereafter. Holders of the Series 8 Preferred Shares will be entitled to receive quarterly floating dividends, as and when declared by the Board of Directors of CWB, equal to the 90-day Government of Canada Treasury Bill rate plus 547 basis points.
Should CWB choose not to exercise its right to redeem the Series 7 Preferred Shares, holders of these shares will have the right to convert their shares into an equal number of non-cumulative floating rate First Preferred Shares Series 8 (Non-Viability Contingent Capital (NVCC)) (the "Series 8 Preferred Shares"), subject to certain conditions, on July 31, 2021, and on July 31 every five years thereafter. Holders of the Series 8 Preferred Shares will be entitled to receive quarterly floating dividends, as and when declared by the Board of Directors of CWB, equal to the 90-day Government of Canada Treasury Bill rate plus 547 basis points.
Q: Referring to Edwards question, as I am a shareholder as well--
Today is x-dividend for BNS which I think has a bearing on Stock Price
Today is x-dividend for BNS which I think has a bearing on Stock Price