Investment Q&A

Q: I have held this for a few years, and bought at much higher prices. Do you know the reason for the steady decline and should i continue to hold?
Would you switch from this co to Fiera financial? thanks Clare

Q: Hello Peter, all of these CIX, POW and MFC have been on a down hill slid. My losses are 20% plus, should I keep holding them or should I take my losses and replace them. I like to have your advise, perhaps can recommend alternative replacements. Many thanks for your advise, regards, J.a.P. bURLINGTON

Q: Hello Peter, I have two losers, CIX and POW in my portfolio. Kept hopping for a recovery but getting tired of waiting. I would appreciate if you can help me to find replacement for them. Is there a chance for them to recover in the next 6-12 months?
Thank you, J.A.P. Burlington

Q: I was looking to add to my position in CI since I noticed that they raised the dividend as part of the earnings release - which on the face of it looks like good news. however, when reading through the results, specifically cash flow, i noticed that the dividends and share buybacks are more than the cash flow from operations and it looks (to me) that CI has used debt to fund the share repurchase and dividend. i know people think CI is a potential take over candidate but i'm not so sure. Who knows if that is ever going to happen. given the headwinds facing CI and the industry in general i'm hesitant to put additional funds into CI. Can I get your take on CI's cash flow? And would you prefer BNS, TD or MFC as an alternative to CIX?

Q: Besides DSG can you give us some other names that might have takeover potential? Thanx Robbie

Q: Hi 5i team! I noticed this morning that CI had been downgraded to a hold from a buy. Any comments? Do you think it is still worthwhile holding on to? I am already underwater with it. Cheers, Tamara

Q: Are we heading into a recession, what data do you look at to assess this. If yes should we expect markets to continue to decline as we go forward?
Are you able to provide an opinion on CI Financial stock?
Thank you
Richard
Recent New Member
p.s. Thank you for this service

Q: On a fundamental basis, what do you think of CI Financial's purchase of First Asset? For a five year hold in the financial category of a portfolio, would you rate it as a buy or would you rate BNS or another one of the banks more favorably?

Q: CAn you please comment on the latest quarterly results? It appears strong but the stock is down.

Q: Hi Peter,

You mentioned that if you had to pick a mutual fund, you like CI Financial. I personally am very fond of the Mawer Balanced fund, which you also mentioned as a good family of funds.

Of coarse a good way to make money is to buy the fund company rather than the funds...
I currently hold IGM (Investors Group), but I am wondering if you think CIX would be a better choice going forward.

Thank you for your great service.

Q: I've held CIX for about a year. My thoughts are that it will likely flounder for the next year and I am considering selling in favor of buying DH. My holdings in the financial sector are about 23% with equal weighting in the US & Canada. Do I make this trade or stay with CIX?

Q: Hi Peter, last time a question was asked about CIX you answered that it was solid, and that you liked it a lot. Do you still have the same positive opinion on the stock today, six months later? Thanks, Gervais

Q: could you please comment on ci financial?
I would like to add it to my tfsa acc.
thanks

Q: Hi Peter,
I am thinking to initiate position either in CIX or POW. Pl advise which stock is most compelling and reasons for that.

Q: (From Greg)
Scotiabank is selling its CIX (CI Financial) holding at a price of $31.60 in a just-announced secondary offering. Given that CIX closed today at $33.65, this seems to be a very good deal. What is your opinion? Should I commit to this offering through my broker (no transaction fees), or will the market price of CIX likely decline to meet this price anyway in the next few days?

Q: I have around 6K in AGF.B and have been holding for a while. With dividends it is close to break-even. Does it make sense to sell and buy equal amounts of GS-T, IGM-T and CIX-T?

Q: CIX...buy, hold or sell?
Thanks,
Anne

Q: What effect will there be on the shares of CI with the news that Scotiabank are intending to divest some or all of the shares they own. Would you advise to sell or hold.

Q: Hi, Peter
Is CI Financial Corp. a good buy now? Is it worth a "B" rating?

Thanks in advance

Q: Greetings,

Could you please provide an update for CI Financial [CIX]after their most recent financial reporting.

Thanks