Q: If permitted to ask something personnel... When responding to questions for US securities, we see that you or your partners or 5i own a number of US stocks. What kind of strategy (i.e. buy/hold, sell, increasing positions, ...) are you mainly employing for your own investments during this turmoil? (I have to believe that you are feeling the pain alongside many of us.) Thanks again.
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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: The following quote is from bam.brookfield.com/sites/brookfield-ir/files/brookfield/bam/2022%20-%20Q1%20BAM%20Ltr_to_Shareholders%20-%20F.pdf
"Our Asset Management Business Will be Listed and 25% Distributed to Shareholders
In our year-end letter, we mentioned that we were considering publicly listing a partial interest in our asset management organization. We have been very encouraged by the feedback we received from shareholders and concluded that publicly listing a 25% interest in our asset management business will be overwhelmingly positive. We expect that these shares can be distributed to shareholders before year end. The special distribution of shares of the Manager, based on our estimate of Value1, will be around $20 billion or approximately $12.00 for each share of Brookfield you own at that time. The distribution will be executed on a tax-free basis to Canadian and U.S. shareholders and we are working through the taxation in other jurisdictions."
Am I correct in my assumption that I will receive 1 share in the spinoff company for each Bam I currently own and my BAM shares will drop in value by the dollar amount attributed to the spin off company
"Our Asset Management Business Will be Listed and 25% Distributed to Shareholders
In our year-end letter, we mentioned that we were considering publicly listing a partial interest in our asset management organization. We have been very encouraged by the feedback we received from shareholders and concluded that publicly listing a 25% interest in our asset management business will be overwhelmingly positive. We expect that these shares can be distributed to shareholders before year end. The special distribution of shares of the Manager, based on our estimate of Value1, will be around $20 billion or approximately $12.00 for each share of Brookfield you own at that time. The distribution will be executed on a tax-free basis to Canadian and U.S. shareholders and we are working through the taxation in other jurisdictions."
Am I correct in my assumption that I will receive 1 share in the spinoff company for each Bam I currently own and my BAM shares will drop in value by the dollar amount attributed to the spin off company
Q: What is expected from ECN after the bell today?
Q: Hello Peter and team
What is your view on Abcellra's results? I was expecting tick upwards. Please comment and does this look like a long term hold as i am thinking of selling Ballard to put more into ABCL. Thanks very much
What is your view on Abcellra's results? I was expecting tick upwards. Please comment and does this look like a long term hold as i am thinking of selling Ballard to put more into ABCL. Thanks very much
Q: Hi,
If choosing between Pfizer and Merck today for a long term hold (5-10 years), which would you choose and why please. Thanks very much.
Michael
If choosing between Pfizer and Merck today for a long term hold (5-10 years), which would you choose and why please. Thanks very much.
Michael
Q: Comment and outlook on their earnings please
Sheldon
Sheldon
Q: Anything to explain SOY's action today? Thanks as always.
Q: Hi Team;
Can I get your take on earnings for TTD, U, RBLX? They are all falling after hours, especially Unity. Is the long term story still in place for these names? Also what are the chances of someone like FB buying out RBLX or Unity? Or..have the US regulators made it pretty much impossible for them to buy anything remotely close to being portrayed as a "monopoly" anymore? With the massive selloffs I kind of am expecting buyouts to start happening all over the place.
Also...speculative question/ rant. This last while one of the only sectors that has been working is the oil sector. Technology has been decimated...with many best in breed names falling to as much as being worth 1/10th of the value they were at a year ago. Yet...all the media has pumped to us the last few years is that "carbon is dead", "green energy is a must". And Looking around our world today all I see is technology advancing more by the day. Last year the media would portray the view that we are in early innings of a "technology revolution" ...with major advancements happening over the next couple decades. Which..with this view is why I positioned my portfolio as such. And now its been cut in half in the last year. For a 10yr plus horizon; would you agree that technology names will recover, and surpass the overall market? And would you see the technology sector the most likely to have the strongest long term growth for the next 10,20 yrs? Or am I wrong in my long term thinking here and are we going back to nothing but pro-oil and bank names? Were technology names priced last year similar to the 2000.com bubble or is there a disconnect now? Speculative question I know. I can see with moves we are seeing in the market today, how investors get "jaded" from investing and pull out of the markets for years, or sometimes for a lifetime. It's frustrating for the average investor.
Shane.
Can I get your take on earnings for TTD, U, RBLX? They are all falling after hours, especially Unity. Is the long term story still in place for these names? Also what are the chances of someone like FB buying out RBLX or Unity? Or..have the US regulators made it pretty much impossible for them to buy anything remotely close to being portrayed as a "monopoly" anymore? With the massive selloffs I kind of am expecting buyouts to start happening all over the place.
Also...speculative question/ rant. This last while one of the only sectors that has been working is the oil sector. Technology has been decimated...with many best in breed names falling to as much as being worth 1/10th of the value they were at a year ago. Yet...all the media has pumped to us the last few years is that "carbon is dead", "green energy is a must". And Looking around our world today all I see is technology advancing more by the day. Last year the media would portray the view that we are in early innings of a "technology revolution" ...with major advancements happening over the next couple decades. Which..with this view is why I positioned my portfolio as such. And now its been cut in half in the last year. For a 10yr plus horizon; would you agree that technology names will recover, and surpass the overall market? And would you see the technology sector the most likely to have the strongest long term growth for the next 10,20 yrs? Or am I wrong in my long term thinking here and are we going back to nothing but pro-oil and bank names? Were technology names priced last year similar to the 2000.com bubble or is there a disconnect now? Speculative question I know. I can see with moves we are seeing in the market today, how investors get "jaded" from investing and pull out of the markets for years, or sometimes for a lifetime. It's frustrating for the average investor.
Shane.
Q: Dear 5i team.
Can you help me understand the chart for CBO? Looking at the long term, it seems to be in a downward trend, even over 10 years? I assume this was caused by declining interest rates over the past 10 years? With raising interest rates, at what point does this turn back into a positive trend? Even with the past few months with rates starting to rise, it's been in decline. Is there a lag in closing out old positions and starting new ones with a higher yield? Just trying to understand roughly at what point this starts to look like a good entry point.
Many thanks for your help.
Can you help me understand the chart for CBO? Looking at the long term, it seems to be in a downward trend, even over 10 years? I assume this was caused by declining interest rates over the past 10 years? With raising interest rates, at what point does this turn back into a positive trend? Even with the past few months with rates starting to rise, it's been in decline. Is there a lag in closing out old positions and starting new ones with a higher yield? Just trying to understand roughly at what point this starts to look like a good entry point.
Many thanks for your help.
Q: Thoughts on the Maxr quarter and would you be a buyer here?
Thx
Thx
Q: Good morning 5i Team,
What are your thoughts on PRL's recent earning and future prospects? They mentioned before about expanding in the US, coming to Canada and perhaps acquisitions or going international.
Thank you for all the hard work!
Brent
What are your thoughts on PRL's recent earning and future prospects? They mentioned before about expanding in the US, coming to Canada and perhaps acquisitions or going international.
Thank you for all the hard work!
Brent
Q: To me WELL is hitting on all cylinders but it is unloved within the market. This from it's latest results:
WELL reported record quarterly revenues of $126.5 million in Q1-2022 representing a 395% year-over-year (YoY) increase compared to Q1-2021, catapulting the Company to over $500 million annualized revenue run-rate. Revenues reflected accelerating organic growth to 15% on a YoY basis
I have held it for a while now and am under water. Granted we are in a down market but do you think this stock will get more attention once the market hits bottom [when ever that is] and starts to move up?
Thanks
WELL reported record quarterly revenues of $126.5 million in Q1-2022 representing a 395% year-over-year (YoY) increase compared to Q1-2021, catapulting the Company to over $500 million annualized revenue run-rate. Revenues reflected accelerating organic growth to 15% on a YoY basis
I have held it for a while now and am under water. Granted we are in a down market but do you think this stock will get more attention once the market hits bottom [when ever that is] and starts to move up?
Thanks
Q: In your earnings assessment you state:
"easyfinancial is seeing more 'secured' loans (33% up from 12.7%). Average loan rate fell to 32.7%, 37.5%. As interest rates rise we would like to see this trend reverse, of course."
Can I presume increase in secured loans is the reason for reduction in Avg. Loan Rate? Personally I would rather give a secured loan
rather than unsecured. Don't you think this trend would improve loan write offs?
Joe
"easyfinancial is seeing more 'secured' loans (33% up from 12.7%). Average loan rate fell to 32.7%, 37.5%. As interest rates rise we would like to see this trend reverse, of course."
Can I presume increase in secured loans is the reason for reduction in Avg. Loan Rate? Personally I would rather give a secured loan
rather than unsecured. Don't you think this trend would improve loan write offs?
Joe
Q: Hello 5i,
This is not a question, but rather a plea to all of those members reading this to consider checking out and using the forums for questions, help, conversation, resources, etc.
I recently posted a question and received some great info from other members which helped me a great deal.
The forums can be an even much more valuable resource if people choose to engage - and this benefits us all.
For those worried about the "risks" - there are few that basic due diligence can't address. In my experience over the past many years, the overwhelming majority of people who use them genuinely want to help others.
Anyway, personally, I will continue to "pop in" and check them out and I thank all the members who do engage there.
Cheers,
Mike
This is not a question, but rather a plea to all of those members reading this to consider checking out and using the forums for questions, help, conversation, resources, etc.
I recently posted a question and received some great info from other members which helped me a great deal.
The forums can be an even much more valuable resource if people choose to engage - and this benefits us all.
For those worried about the "risks" - there are few that basic due diligence can't address. In my experience over the past many years, the overwhelming majority of people who use them genuinely want to help others.
Anyway, personally, I will continue to "pop in" and check them out and I thank all the members who do engage there.
Cheers,
Mike
Q: I assume by the price action the earnings for AT have been announced.
Can you please comment and give your future outlook
Sheldon
Can you please comment and give your future outlook
Sheldon
Q: will SIS be able to keep paying dividends? Thanks.
Q: Please comment on Savaria Corps earnings. Thanks.
Q: Your comment on the last result .
Thank you
Thank you
Q: The stock is down 72% today. What happened? Is the downturn overdone? Should I sell for capital loss or keep?
Q: How do you feel about them going forwards?