Q: Hello,
Could you please provide your views/commentary on the recent earnings report of First Service.
Thanks
Could you please provide your views/commentary on the recent earnings report of First Service.
Thanks
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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: Hello Team Members
Would you mind telling me if owning FSV requires the filing of CRA Form T1135
Thank you
Would you mind telling me if owning FSV requires the filing of CRA Form T1135
Thank you
Q: Could I have your opinion of FSV please. I notice it has been downgraded a day or so ago by a broker but the particular brokerage may have their own agenda I would like your independent opinion. Thank you for your on-going service. Don.
Q: Hi guys, I still hold both First Service and Collier and would like to reduce the real estate portion of my overall portfolio. I would like to sell only one and would like your opinion on which of the two you feel has the best outlook going forward. Which of these two would you let go? Thanks, Mario.
Q: Peter, my two real estate companies in my portfolio are CIG and FSV and I want to rebalance down to 10 or 12%. I have read your recent comments about these companies and would like your opinion as to what two or three real estate companies you would use in a balanced portfolio. I am thinking of selling both and buying some stocks with more upside.
Thanks, Stephen
Thanks, Stephen
Q: Has FSV released the information needed to calculate the new cost base of FSV and CIG when the company slit into two Corps?
Thanks
Thanks
Q: Any new research on FirstService (FSV-T) commenting on Colliers Int'l spin off??
Q: Are you aware of what proportion of the share price of FSV before the spin-off have been or will be awarded to CIG and the new FSV as the cost price for each.Thanks for your past and continuing assistance. Don.
Q: Hi,
I purchased FSV on June 1 and I wasn't completely sure whether I purchased the pre-split entity or the post-split entity as Colliers has not shown up in my portfolio. Yesterday, it showed a loss of about 60% (another member commented on this drop) and a price of approximately $20. Today, my price on BMOInvestorline is showing about $80 but the TSX is showing it today at about $34. I called BMO and they said I had indeed purchased it pre-split and that Colliers would appear in a few weeks (which I thought was odd).
Do you have any thoughts on the above? Are there more than one FSV trading now? Are any other members facing a similar situation?
Thanks,
I purchased FSV on June 1 and I wasn't completely sure whether I purchased the pre-split entity or the post-split entity as Colliers has not shown up in my portfolio. Yesterday, it showed a loss of about 60% (another member commented on this drop) and a price of approximately $20. Today, my price on BMOInvestorline is showing about $80 but the TSX is showing it today at about $34. I called BMO and they said I had indeed purchased it pre-split and that Colliers would appear in a few weeks (which I thought was odd).
Do you have any thoughts on the above? Are there more than one FSV trading now? Are any other members facing a similar situation?
Thanks,
Q: I am planning on selling the new FSV but Keeping the Colliers portion. I will need to adjust my ACB to allow for the split. Is there a % relationship that was announced or some other method to do this?
Cheers
Darcy
Cheers
Darcy
Q: Hello Peter & Co,
I'm hanging on to FSV for a while longer until I decide what to do (keep FSV, keep CIG, keep both, sell both. A cursory comparison between the 2 divisions indicate that Colliers was more profitable in 2014 with EBITDA to Revenue ratio of 9.8% vs 7.5% for FSV; a hardly sufficient basis of comparison.
What intrigues me is your rational for shedding the old FSV a couple of months ago.
You're suggesting to hang on for a while longer; but how will one decide what to do next?
Thanks,
Antoine
I'm hanging on to FSV for a while longer until I decide what to do (keep FSV, keep CIG, keep both, sell both. A cursory comparison between the 2 divisions indicate that Colliers was more profitable in 2014 with EBITDA to Revenue ratio of 9.8% vs 7.5% for FSV; a hardly sufficient basis of comparison.
What intrigues me is your rational for shedding the old FSV a couple of months ago.
You're suggesting to hang on for a while longer; but how will one decide what to do next?
Thanks,
Antoine
Q: What happened to fsv today? It know it split, but price dropped way below the stock split?
Q: Can you please comment on the tax implications of the FSV split for shares held in a taxable account (e.g. capital gains, etc). Would you advise selling at this point and possibly re-buying at a later date, or holding through the split? Thank you.
Q: If I buy FSV prior to May 27,does this mean I will get 2 companies(NFS & CIG) when it splits on June 1,& what are number of shares for each new co.Reportedly,the 2 new shares will commence trading on May 27..Please enlighten me.Please advise when is the time to buy-on May 27 or May 29 or after Jun 1.Thanks for your usual great views & services
Q: Good morning,
Since Firstservice is no longer in a 5i portfolio and it seems to be in an incessant downward trend would you endorse a switch to Element Financial. Still have 33% gain in FSV and am tempted to exit & switch to EFN? bThanks for your ongoing excellent service.
Since Firstservice is no longer in a 5i portfolio and it seems to be in an incessant downward trend would you endorse a switch to Element Financial. Still have 33% gain in FSV and am tempted to exit & switch to EFN? bThanks for your ongoing excellent service.
Q: Peter,
Any additional insight into FirstService's trading over the last month? Had a big run into mid-April but then has corrected about 15% from the high. Possibly investors looking to exit before the split into 2 separate entities in June?
Thanks.
Any additional insight into FirstService's trading over the last month? Had a big run into mid-April but then has corrected about 15% from the high. Possibly investors looking to exit before the split into 2 separate entities in June?
Thanks.
Q: I hold First Service Corp (FSV) in a registered account and it has grown to a full (5%) position in my total portfolio. I anticipate reducing my holding post company split. The stock price continues to march higher. At this time do you think it is under valued,fully valued or overvalued based on the anticipated results of the successor companies over the next 12 months? Which of the two successor companies do you prefer, Colliers or the (new) First Service Corp going forward and why?
Thanks, Tim.
Thanks, Tim.
Q: Hello Peter,
on the lines of FSV, with the similar positive traits that are liked at 5i, can you please provide some other names that would provide US exposure with cdn dollars. Thanks and keep up the good work.
on the lines of FSV, with the similar positive traits that are liked at 5i, can you please provide some other names that would provide US exposure with cdn dollars. Thanks and keep up the good work.
Q: Good morning team, Would you recommend buying a position in FSV today?
Thank you!
Thank you!
Q: What do you think of today's news. I have a medium sized position, should I add more after the dust settles?
TIA
TIA