Q: Just received an offer to purchase shares at $17.50 by CI. What is your valued opinion 5i. Have been enjoying (div.) Do you think price will move up. I believe they had a dutch auction back last year.Have not read any of their Fin. Info lately.The info is approx 30 something pages all legal talk.
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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: Hi!
Does CIX have what it takes to get to $20 and beyond?
What kind of market would you say we are we in? Sideways, up, or down?
Thank you!
Does CIX have what it takes to get to $20 and beyond?
What kind of market would you say we are we in? Sideways, up, or down?
Thank you!
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CI Financial Corp. (CIX)
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Fiera Capital Corporation Class A Subordinate Voting Shares (FSZ)
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MFS Intermediate Income Trust (MIN)
Q: I have held min for 2 years and rec'd div. and i am even. Continue to hold my 1000 shares for income or could lower the amount of shares and buy another which would also pay div. . I am flexible FSZ also have 1000 shares and cix 1000 shares they seem to be moving well lately is Div in your opinion safe now better than before.
Q: Hi - of these two, which do you prefer for a growth mindset. Having said that, please feel free to say that you wouldn't invest in either at this time/prices. Lastly, do you see a possibility for AGF to be taken over (obviously with the blessing of the Goldring Family).
Q: What are the pros or cons of the Offer to Buy Back offer by CI Financial. Thanks Mavis
Q: Hi,
I am wondering what your thoughts are on CIX. Do you think the shares can get to $30.
Is BNS a buy at current levels?
Is it likely for interest rates to fall? If so, what would be some stock ideas to take advantage of a lower interest rate?
Thanks!
I am wondering what your thoughts are on CIX. Do you think the shares can get to $30.
Is BNS a buy at current levels?
Is it likely for interest rates to fall? If so, what would be some stock ideas to take advantage of a lower interest rate?
Thanks!
Q: Can you explain (laymen's terms) The news release November 10th and how the Dutch Auction works, are shares tendered through a broker? NCIB seems much simpler. Thanks!
https://www.5iresearch.ca/company/tsx/CIX
https://www.5iresearch.ca/company/tsx/CIX
Q: Hi guys!
Thank you for your work.
If you had to describe the current market direction (up, down, sideways, don't know) how would you describe it?
Would you suggest 5 highish likelihood stocks ready for a bit of a rebound within the next few weeks/months?
Suggestion: We learn from our mistakes. Is there any chance you could have a page that notes all of 5i's misses (along with the explanation)?
I have been getting some bullish scuttlebutt on CIX. Would you give me your opinion on CIX's future...and likelihood it will get to $30?
Thank you for your work.
If you had to describe the current market direction (up, down, sideways, don't know) how would you describe it?
Would you suggest 5 highish likelihood stocks ready for a bit of a rebound within the next few weeks/months?
Suggestion: We learn from our mistakes. Is there any chance you could have a page that notes all of 5i's misses (along with the explanation)?
I have been getting some bullish scuttlebutt on CIX. Would you give me your opinion on CIX's future...and likelihood it will get to $30?
Q: Hi!
CIX reported today.
Would you be able to provide your take? Specifically, was it actually a good quarter? Are things looking up? Are the chances high that CIX gets to $20...and beyond?
Thank you!
CIX reported today.
Would you be able to provide your take? Specifically, was it actually a good quarter? Are things looking up? Are the chances high that CIX gets to $20...and beyond?
Thank you!
Q: Hi,
CIX has managed to get to $15-ish. My breakeven is $20. I feel that getting to $15 was a miracle and that $20 won't happen.
From a trader's perspective, should one take the loss and rebuild ?
From your broad perspective, should keep the faith and hang in there? You know...generally speaking for this stock? I noticed that 5i dropped Fiera. Maybe CIX is in the same situation?
CIX has managed to get to $15-ish. My breakeven is $20. I feel that getting to $15 was a miracle and that $20 won't happen.
From a trader's perspective, should one take the loss and rebuild ?
From your broad perspective, should keep the faith and hang in there? You know...generally speaking for this stock? I noticed that 5i dropped Fiera. Maybe CIX is in the same situation?
Q: i own FSZ primarily for the dividend. would you consider switching to CIX now?
Q: Seemed to go down as fast as it went up-could you comment ?
Q: Hi,
In one day up 45% (short squeeze?), finishes the day up 24%, then the next day tanks 15%...almost ending up at the same share price before the 20% sale.
What gives?
Can you suggest a valuation?
What is the chance this thing gets back to $20?
In one day up 45% (short squeeze?), finishes the day up 24%, then the next day tanks 15%...almost ending up at the same share price before the 20% sale.
What gives?
Can you suggest a valuation?
What is the chance this thing gets back to $20?
Q: ...cix popped
...my breakeven is 20
...should I bail...given industry weakness
...my breakeven is 20
...should I bail...given industry weakness
Q: Hi!
I just read piece about CIX in the Globe here: https://www.theglobeandmail.com/business/article-ci-financial-us-expansion-leave-canada/ .
It is a far from flattering description of CIX (says the CEO is overpaid, and the CEO overpaid for the US businesses, too much debt).
I have a couple of questions.
1) The article said that the CI will delist from the NYSE and be listed only on the TSE,
This seems like a bad development. What do you think?
2) Also, there is the talk about the IPO. Well, what does that exactly mean for share holders (ideally)? Would the IPO lead to a pop in CI's share price?
3) Would it end up being a dilutive transaction?
Maybe I am being pessimistic, but the outlook for CI seems...unprofitable...and I fear the worst (permanent loss of capital).
I just read piece about CIX in the Globe here: https://www.theglobeandmail.com/business/article-ci-financial-us-expansion-leave-canada/ .
It is a far from flattering description of CIX (says the CEO is overpaid, and the CEO overpaid for the US businesses, too much debt).
I have a couple of questions.
1) The article said that the CI will delist from the NYSE and be listed only on the TSE,
This seems like a bad development. What do you think?
2) Also, there is the talk about the IPO. Well, what does that exactly mean for share holders (ideally)? Would the IPO lead to a pop in CI's share price?
3) Would it end up being a dilutive transaction?
Maybe I am being pessimistic, but the outlook for CI seems...unprofitable...and I fear the worst (permanent loss of capital).
Q: I see that CI sold some companies and that they are looking at selling others where they have no control with high %,. Of investment.This should bring debts lower.What effect will this have on their price and is there listing in US still going ahead.Will the dividend continue
.
.
Q: Hi,
Should one just wait out the decline in CIX, or bail?
It's not like I backed up the truck at 20 or anything.
Yours kindly,
David
Should one just wait out the decline in CIX, or bail?
It's not like I backed up the truck at 20 or anything.
Yours kindly,
David
Q: I have the stocks in RRIF and CIX in TFSA.Do you have any news concerning CIX ventures in US and the Canadian taking the debts. Is it a concern my breakeven is 15.50, Gold seem to be climbing well with bank turmoil in US.All this debt will have to be repaid to gov't entities eventually. Can US still avoid a recession with all these problems.Gold has moved quite a lot in last week.What does 5i globe see in the future for gold
Q: Wow! I spent an hour on a bunch of questions and it was all lost. Here is the summary:
WEF. What is your take. Credit it me if it becomes a 5i pick. : )
WELL: seems it popped because of Ford's medical privatization options. Should I wait for a share price decline? Sometimes prices seem to drop before earnings just so that they can pop more when earnings are announced.
CIX moving nicely. At point would I sell? My breakeven is 20.
Maybe 5i could float their own mutual funds...as Motley Fool has done I believe.
Idea: some kind of software to remind people to buy certain stocks?
Chiefs or Eagles?
Tar and Infinity Pool were boring movies.
Prediction: Dollarama will drop briefly on some manufactured "dire" situation. Things have been going too well for too long there.
Is it illegal to short a company having created the conditions for that shorting? Example: short A&W then get everyone to boycott A & W.
WEF. What is your take. Credit it me if it becomes a 5i pick. : )
WELL: seems it popped because of Ford's medical privatization options. Should I wait for a share price decline? Sometimes prices seem to drop before earnings just so that they can pop more when earnings are announced.
CIX moving nicely. At point would I sell? My breakeven is 20.
Maybe 5i could float their own mutual funds...as Motley Fool has done I believe.
Idea: some kind of software to remind people to buy certain stocks?
Chiefs or Eagles?
Tar and Infinity Pool were boring movies.
Prediction: Dollarama will drop briefly on some manufactured "dire" situation. Things have been going too well for too long there.
Is it illegal to short a company having created the conditions for that shorting? Example: short A&W then get everyone to boycott A & W.
Q: Have you read that major article the Globe and Mail did on CIX on Saturday? If so, do you have any response to it? It sounded kind of like a hit piece, and certainly had nothing good to say about either the company's future prospects or its leadership.
https://www.theglobeandmail.com/business/article-ci-financial-us-expansion-leave-canada/?cmpid=rss
https://www.theglobeandmail.com/business/article-ci-financial-us-expansion-leave-canada/?cmpid=rss