Q: First National Financial (FN) has a preferred (fn.pr.a), 4.65%,cumulative,rate-reset every 5 years, issued at $25PV in January 2011, trading now at $17.50 to yield about 6.5%. I purchased 3000 a few months ago at $17 and am considering another 2000 shares. This would then be about 10% of my portfolio. The dividend seems to be well covered. I am after dividend income with a little growth.
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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: Reading your response on National bank (NA) dating Feb 21, 2013, you were right on the money re its growth outlook. Their financial results were somewhat "boring" - neither up/nor down which is in-line with your comments. Other than distributino of dividends (and possibly peace of mind), would you see any other reason to own this stock. Some of the other banks such as TD and RBC seem to be firing on all cylinders. And would Scotia or one of the other banks probably offer a good mix between National Bank and one at the opposite extreme? Thanks again.
Q: Hello 5i, Could you comment on Southern Pacific Resouces STP the share price is dropping but I thought they have new production increase
Q: Hi Peter, any thoughts on CSU's earnings that came out yesterday? Thanks!
Q: Hi Peter,
CSU seemed to report good numbers but the market reaction is less than sanguine. Do see a problem in the recent report?
Thanks
Mike
CSU seemed to report good numbers but the market reaction is less than sanguine. Do see a problem in the recent report?
Thanks
Mike
Q: Hi 5i team, as someone not versed in the niceties of accounting, I have difficulty understanding both sides of the argument in the article in today's Globe's ROB on Just Energy's EBITA statements. Is this something like life-insurance companies where it is difficult to account for things happening going into the future? Please do enlighten. Thanks Henry
Q: Hi Peter what are your thoughts on K-Bro Linen?
Q: AM eanings for last year were significantly above the previous year, which should suggest another dividend increase or special dividend.Insider selling seems to reduce the market for this stock.Have you met with or talked to the management?How long can this insider selling last?Do you still think the stock is worth about $4.00. One service values the stock at $5.12.
Frank
Frank
Q: Hi
why is GC up today? only thing i see is Canaccord Genuity cuts target price
why is GC up today? only thing i see is Canaccord Genuity cuts target price
Q: hi
what do you think of the Rare earth sector? of avl, qrm, tsm, and res any you like?
what do you think of the Rare earth sector? of avl, qrm, tsm, and res any you like?
Q: cet seems like a great stock and it's down 20% today with no news. Any idea what's happening?
Q: Hi Gang, you mentioned in a previous post that you guys were working on a model portfolio or portfolios. When do you think that would be completed? Thanks very much for your great work.
Q: I have about 10% of my RRSP funds available to reinvest. What 2 or 3 stocks in your reports would you suggest? Thanks, Tony
Q: Wi-Lan (WIN) appears to be trying to thwart its dropping share price. I assume this is a good thing for holders of the stock? Can you please expand on the method of issue/buyback, i'm confused - Cheers.
Q: For long term holds, does 5i consider Black Diamond Group (BDI), Russell Metals (RUS)and Davis Henderson (DH) good growth stocks, and if so, are their present prices at good entry points? Thank you. John.
Q: This is really a comment not a question. In early January I asked 5i for some advice on how to get into the market as an older, conservative investor unwilling to risk too much for fear of capital losses. The advice was to enter in carefully and purchasing a diversified portfolio - basically a balance of the B+ or better rated stocks and four large caps for even greater balance (26 stocks in total). Since then ATP has crashed by roughly 50% (highly unusual) but the good news is EQI and FSZ are up ~20%, BAD and BYD are up ~15%, ESL and KBL are up ~10%, the rest are either up or down but nothing drastic. All this to say my portfolio is still up over 2% in 9 weeks (~12% annualized) even though ATP crashed. The diversification protected me. No one's going to get it all right all the time. That's why the balance is needed. Cheers.
Q: Peter; After ALA's earnings release do you think it is OK and should be kept for a 3-5 year hold? Thanks.
Rod
Rod
Q: VERESEN. VSN-T reported today. What is your opinion considering these recent numbers which in my opinion are weak? I own it. Thanks
Q: Hello 5i, Could you comment on ATH Athabasca Oilsands as they just completed a pipeline I heard and that will increase there oil sales.Do you think there is more downside as I looking for an entry point.Thanks
Q: Hi Peter. Further to my question asked on Feb 22 re Iroc Energy Service.ISC. The deal is said to be valued at $3.10 and I have sell order placed at $3.05 but it is not being filled. I'm confused about this and hoping you can explain. Thanks again. John