Q: Have been looking at Genworth Canada (MIC-TSX ) with the thought that with the Toronto/Vancouver condo markets looking very toppy, MIC may have some trouble with mortgage insurance on suspect mortgages.......any comments ?
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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: can you please tell me your opinion on mic and its outlook for 2013
Q: MIC - Do you see the proposed budget changes to mortgage insurance affecting MIC? My reading in the NP this morning would seem to indicate a reduction in business over time due to reduced government backstopping.
Q: Given the choice between Genworth MI (MIC) and Firm Capital (FC) which do you feel is a better choice for long term growth? All dividends will be re-invested. Thank you.
Q: What Mortgage Investment Corp (MIC) would you recommend at this time and what might be the impact of a slowdown in housing and/or rising interest rates on the MIC?
Q: MCI TSX-buy, sell or hold. Good dividend USA parent is in trouble but Cdn operation is apparently doing very well thank you.
Q: Hey, guys. When a parent company plans on selling a smaller company it has a controlling position in on the open market, or spinning out the smaller company's shares to its shareholders (ie pbg and pbn), would it make sense for that parent company's management to first privately solicit offers for that smaller company?
I took what I want to be a long term position in mic this morning on the earnings and increased dividend news. However I'm wondering if my tenure as a shareholder in mic could be curtailed by genworth financial looking to unlock the value in genworth canada by putting the company up for sale.
Your insights are appreciated as always.
I took what I want to be a long term position in mic this morning on the earnings and increased dividend news. However I'm wondering if my tenure as a shareholder in mic could be curtailed by genworth financial looking to unlock the value in genworth canada by putting the company up for sale.
Your insights are appreciated as always.
Q: Peter:
Already a very happy owner of MIC - Genworth all thanks to you.
What is your current opinion of MIC based on current price of $20.14. Do you still have a buy rating on this stock at $20.00+?
My opinion on U.S. parent selling its' 57% as a distinct advantage to MIC share distribution and price. Do you concur?
TD securities Aug. 2nd MIC report suggested MIC 12 month target of $30.00 even considering the slowing Cdn.housing market decline. Do you concur?
Anxiously awaiting your knowledgeable response. Thanks Peter.
Gil
Already a very happy owner of MIC - Genworth all thanks to you.
What is your current opinion of MIC based on current price of $20.14. Do you still have a buy rating on this stock at $20.00+?
My opinion on U.S. parent selling its' 57% as a distinct advantage to MIC share distribution and price. Do you concur?
TD securities Aug. 2nd MIC report suggested MIC 12 month target of $30.00 even considering the slowing Cdn.housing market decline. Do you concur?
Anxiously awaiting your knowledgeable response. Thanks Peter.
Gil
Q: Hello Peter: Your thoughts on Genworth MIC please. Thank you Barbara
Q: Do you still like MIC since the earnings report? Is the Canadian Division safe?
Q: I would like your opinion on Genworth (MIC). Has a nice dividend and seems like a good value. Wondering how it might be affected by new mortgage rules and "reining in" of CMHC by the feds? Thanks