Q: The company's has undertaken an acquisition strategy. Initial quarterly results have just come in. Do you feel this is a viable strategy and where could CIX be in 5 years? That said, at this price point ($14.30 or so a share) and a healthy dividend, could money be made on the stock over the next 2-3 years? Is $30 a share doable? Thank you
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Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
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Intel Corporation (INTC)
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QUALCOMM Incorporated (QCOM)
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AbbVie Inc. (ABBV)
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Pfizer Inc. (PFE)
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BCE Inc. (BCE)
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Sun Life Financial Inc. (SLF)
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CI Financial Corp. (CIX)
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North West Company Inc. (The) (NWC)
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Magna International Inc. (MG)
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Exchange Income Corporation (EIF)
Q: Happy Friday,
With the current dip and a further downside expected are there any income equities that you would classify as very attractive.
Looking for some new ideas. I have lots of banks, pipes, telcos, utilities, insurance cos, etc. but am not immune to buying more.
Anything in the US really strike you fancy?
Thanks very much and have a great weekend.
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Sylogist Ltd. (SYZ)
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Intel Corporation (INTC)
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CI Financial Corp. (CIX)
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TFI International Inc. (TFII)
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Magna International Inc. (MG)
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goeasy Ltd. (GSY)
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Crocs Inc. (CROX)
Q: Hello 5i
You are often asked if you could provide 2-3 "bargains" from the various portfolios - could you, given the current environment, provide
- 2-3 from the balanced / Income portfolios
- 2-3 outside of the portfolios (either Canadian or US please)
That you would consider a good opportunity to pick up at this time.
Thanks
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CI Financial Corp. (CIX)
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IGM Financial Inc. (IGM)
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Fiera Capital Corporation Class A Subordinate Voting Shares (FSZ)
Q: In an answer earlier this year, you mentioned IGM as having "turned itself around"; did you mean (for example) changes in its business practices, or its break-out from its pre-pandemic trading range? In another answer, you spoke of CIX's "high leverage to capital markets"; how do CIX, FSZ, and IGM compare in this respect? You've characterized the sector as "fairly cheap, with not a whole lot of organic growth and lots of pressure on margins"; given this backdrop (and assuming the sector is even investable), is IGM's relative market cap (3X CIX, 10X FSZ) a material reason to prefer it over the other two? Or is CIX's depressed share price (and implied growth-potential) more decisive?
Q: Could I have your opinion on C I Financial , CIX
Read Answer
Q: Hi!
In The Globe recently:
"On March 4, chair of the board of directors Bill Holland bought 50,000 shares at a price per share of $20.20 for an account in which he has indirect ownership (WH Corp.), increasing this particular account’s position to 1,325,000 shares. The cost of this purchase exceeded $1-million.
Last month, we reported that Mr. Holland invested over $4.4-million in shares of CI with the purchase of 200,000 shares between Feb. 3 and Feb. 23.
Mr. Holland is CI’s former chief executive officer.
The company pays its shareholders a quarterly dividend of 18 cents per share or 72 cents per share yearly, equating to a current annualized yield of approximately 3.7 per cent."
What would you value CI right now on a per share basis?
Given the present investing environment would full position be a good idea?
Is management trustworthy and effective?
Is the insider buying significant enough to copycat?
Thank you as always!
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CI Financial Corp. (CIX)
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IGM Financial Inc. (IGM)
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Fiera Capital Corporation Class A Subordinate Voting Shares (FSZ)
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Artisan Partners Asset Management Inc. Class A (APAM)
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Janus Henderson Group plc (JHG)
Q: What is your opinion of the value of asset managers as an investment in the current market? Which asset managers are the best priced with the most lucrative/sustainable dividend? Thanks!
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PRO Real Estate Investment Trust (PRV.UN)
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Intel Corporation (INTC)
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Microsoft Corporation (MSFT)
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QUALCOMM Incorporated (QCOM)
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Oracle Corporation (ORCL)
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CI Financial Corp. (CIX)
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Dream Office Real Estate Investment Trust (D.UN)
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Whitecap Resources Inc. (WCP)
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goeasy Ltd. (GSY)
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Harvest Healthcare Leaders Income ETF (HHL)
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MCAN Mortgage Corporation (MKP)
Q: Hi Peter
What is your opinion on the following stocks as part of my income portfolio HHL,MKP ,PRV,CIX, WCP and GSY .
do you have any additional suggestions for high tech for an income portfolio
Thank you
Howard
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Sangoma Technologies Corporation (STC)
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CI Financial Corp. (CIX)
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Descartes Systems Group Inc. (The) (DSG)
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Superior Plus Corp. (SPB)
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BRP Inc. Subordinate Voting Shares (DOO)
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Polaris Infrastructure Inc. (PIF)
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AcuityAds Holdings Inc. (AT)
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Nuvei Corporation Subordinate Voting Shares (NVEI)
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TELUS International (Cda) Inc. Subordinate Voting Shares (TIXT)
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Anaergia Inc. Subordinate Voting Shares (ANRG)
Q: I have losses in ANRG, AT, CIX, DOO, DSG, NVEI, PIF, SPB, STC, TIXT. Would you add to any of holdings or sell?
In what order would you sell?
Q: Cix has had a significant drop since November and they keep doing acquisitions, could comment as they seem to be low price for purchase-growth ?
Read AnswerQ: Looking for a few ideas of beaten up 3% or more dividend payers? I already own SLF, WCP, and ZEB. Current portfolio holdings are made up 19% energy, 35% tech, 15% financial services, 20% consumer cyclicals, less than 5% in the rest. Not too worried about divirsification, I sleep well even when blood is running in the streets.
Read AnswerQ: CI Financial is down almost 14% in the last month. Recent numbers appear good. Has CI just got caught up in the recent market downturn and do you feel now is a potential buying opportunity to acquire more shares? Also, as they continue to acquire Investment Advisors, mostly in the US, and their AUM increases, do they become a desirable takeover candidate? Do you see a Canadian bank or other financial company like Power Corp making an offer at some point in the future? What is the likelihood of a takeover in your opinion on a 1-10 basis whereby 10 is most likely. Many thanks in advance for your answer.
Read AnswerQ: If you owned CIX, would you sell and buy which of CPX and H. Please provide rationale behind your recommended approach.
Read AnswerQ: With the recent buying spree of CIX should we expect a stock issue ?
Read AnswerQ: I like the recent q report. The stock still seems underpriced compared to similar US companies which may be a good comparable as almost all of its growth is coming from the US business. It looks like the street is taking more interest. Your thoughts please.
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Gilead Sciences Inc. (GILD)
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CI Financial Corp. (CIX)
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Leon's Furniture Limited (LNF)
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Equitable Group Inc. (EQB)
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Vista Outdoor Inc. (VSTO)
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MarineMax Inc. (FL) (HZO)
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Piper Sandler Companies (PIPR)
Q: What 5 stocks (Can and US) now in the bargain bin seem most likely to turn out to be gems in 2 or 3 years time? Much of the market seems very expensive at an uncertain time.
Read AnswerQ: your comments on the results would be appreciated. They seem t be executing well.
Read AnswerQ: The company has made a series of US acquisitions in the past 2 years which have attracted the attention of US investment community and it now lists on the NYSE. Comparable companies in the US trade at p/es of 20 while CI trades at under 7. I realize that p/e is only one measure of value but I would think that if the acquisitions prove successful then the company's shares may be re-rated to a higher multiple. In the meantime it pays a dividend of just under 4%.
Read AnswerQ: CIX seems to be making it's number of acquisitions but it's share price don't seem to move much.Could you comment ?
Read AnswerQ: What is your view on CIX going forward? Buy, Hold or SELL?
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