I'm aware that BNS is one of the big 5 in Canada. BNS also has the largest exposure to emerging markets and to a China slowdown.
I don't see a 25% increase in current share price to match your prediction of "$70 soon".
Doesn't answer the question at hand.....BNS is up no more than any other of the Big 5 tier 1 banks.
It's still down from your "big rising" post on Dec. 26 (when it was in the $61 range). So where's your "insider buying" data, and what's your reasoning for an impending 25% rise in share price to match your prediction of "$70 soon".
Since your first "big rising" post on Dec. 26 (when the stock was in the US$61 range), you've post numerous times on the next "big rising". Since your initial "big rising" post, the stock now sits at about US$56. which is about 10% below the Dec. 26 call.
You've posted that there is insider buying, yet show no data. You've completely discounted emerging markets currency woes, and the fact of a China slowdown. Where do you see the growth?
Tangerine (formerly Orange, or ING if your prefer) might give BNS some opportunity for growth, but where do you see the rest coming from?
factoring in the announced dividend increase, the debentures that are converted to shares (dilutive) will garner an approximate 2.5% dividend, based on current share price.
based on insider transactions. Why not post these supposed insider transactions?
I don't see a 15% rise in share price given emerging market headwinds, but if you're going to dream.....dream big.
Equally strange is the press release of early this morning (or late last night) of a dividend increase in the amount of $0.04/quarter, bring this quarterly dividend to $0.29.