Q: I currently have a quarter position in Element Financial and as the trend line was down, I was holding off buying additional shares in EFN. Now with the announcement of the split of EFN into two entities, and the most likely increase in the p/e rating increasing, I am wondering if I should buy now, or in a weeks time, say, or hold off until the split is actually done.....Tom
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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: Big news this morning, about splitting the company into parts. Comments? ( And if many people have asked this, please ignore this and charge me a question anyway!)
Q: EFN is starting to look very attractive. Why is it so beat up?
The management presentation references tangible leverage, which appears high but wondering if you could put it in context, I'm guessing as a financial this kind of leverage is more acceptable. They seem to be generating higher returns now but if thats just happening due to additional leverage its not really a value add. Do they have any oil and gas exposure? Chesapeake is referenced in the deck, not sure how that ties and how large that exposure would be.
Thanks
The management presentation references tangible leverage, which appears high but wondering if you could put it in context, I'm guessing as a financial this kind of leverage is more acceptable. They seem to be generating higher returns now but if thats just happening due to additional leverage its not really a value add. Do they have any oil and gas exposure? Chesapeake is referenced in the deck, not sure how that ties and how large that exposure would be.
Thanks
Q: Would you please provide comments on EFN and CXR, specifically your opinion on why the stock prices keep falling? Thank you.
Q: I have a question about Equity Financial Holdings . I thought for sure, that you would have covered this company, since it is praised by every analyst on BNN and since it meets one of your most important criteria - the beginning of a dividend.
Why is it not covered?
Why is it not covered?
Q: Happy New Year Peter. I thoroughly enjoy your service.
I bought EFN in May of 2015. It is about to hit my "25% Mental Trailing Stop" when I have to re-evaluate this stock as to whether or not to sell it at market price. It is currently at 24.4% while my actual loss is 15%. I use Trailing stops to limit my losses. It has worked very well for me. I have an option to raise my "trailing stop" after the evaluation to a higher level. What's your current view of EFN, the good and bad?
I bought EFN in May of 2015. It is about to hit my "25% Mental Trailing Stop" when I have to re-evaluate this stock as to whether or not to sell it at market price. It is currently at 24.4% while my actual loss is 15%. I use Trailing stops to limit my losses. It has worked very well for me. I have an option to raise my "trailing stop" after the evaluation to a higher level. What's your current view of EFN, the good and bad?
Q: This stock seems to be going down more than the Canadian market in general. Is it tied to oil in some way.
Q: Company seems to be doing all the right things. Market doesn't care. Comment?
Q: I currently own this stock but it is only 1% of my portofolio. I am down 14% and would like to buy more. You often recommend not to average down but would it be okay to average down and buy more to top it to 2%
Dolores
Dolores
Q: What effect will the expected interest rate increase in the U.S. have on EFN? Have they borrowed. a substantial amount of money to finance acquisitions.
Thank: Jerry
Thank: Jerry
Q: Based on companies in the Growth Portfolio alone, which is your strongest buy today? I just topped up my TFSA and was having some hesitation purchasing EFN, not quite understanding why it continues to slide. Thanks.
Q: Please give a general explanation of a company stock being added to Global MSCI, positive, negative, neutral??? Thanks :)
Q: Hi Folks,
I plan to initiate a position in EFN. Looking at selling one of ALA, PPL or KEY to raise cash and diversify. Which one would you suggest that I sell and why? Or is it a wash between them?
Thanks.
I plan to initiate a position in EFN. Looking at selling one of ALA, PPL or KEY to raise cash and diversify. Which one would you suggest that I sell and why? Or is it a wash between them?
Thanks.
Q: The volume for EFN spiked today to over 17 Million. Average volume is around 1.7 million. I don't see any news on this. Have you heard anything?
Thanks
Thanks
Q: Peter; Was there any news today on EFN to account for the 17million share volume? Thanks.Rod
Q: Hi Team, Looking at Currency Exchange International's (CXI) recent weakness, and Element Financial's (EFN) recently started dividend, what do you think of a switch from CXI to EFN at this time?
Thank you, Michael
Thank you, Michael
Q: Hello Peter & Team
Interesting article re Management buying stock...
http://www.midasletter.com/2015/11/element-financial-corp-tseefn-powers-up-on-ge-fleet-acquisition-q3-revenue/
post it if you feel it will prove a valuable contribution
Thanks for all you do
Gord
Interesting article re Management buying stock...
http://www.midasletter.com/2015/11/element-financial-corp-tseefn-powers-up-on-ge-fleet-acquisition-q3-revenue/
post it if you feel it will prove a valuable contribution
Thanks for all you do
Gord
Q: Hello Peter & Team,
Bought it @$14. Sold 25% of my position at $19.11 last May.
Saw your last comment end of Oct re the speculative shorting taking place. I do plan on holding for the long term but, would like your opinion on what effect the Fed raising rates (appears to be inevitable... again) may have on the price.
Thanks for all you do
Gord
Bought it @$14. Sold 25% of my position at $19.11 last May.
Saw your last comment end of Oct re the speculative shorting taking place. I do plan on holding for the long term but, would like your opinion on what effect the Fed raising rates (appears to be inevitable... again) may have on the price.
Thanks for all you do
Gord
Q: Hello Peter and Team. Could you please provide any insight or views? Shares continue to gap down with every passing month since its summer highs. EFN has been a darling in the CDN financial space. Is there expectation for soft earnings?
Thanks
Thanks
Q: Hello team, Any reason for the big drop? Any chance EFN can also be a target of the "short sharks" due to it's big debt?
Thank you!
Thank you!