| WEAK BUY | 8.850 | Robert Lauzon | Form of Yellow Pages based in Alaska so there is a smaller market. The only risk is the foreign exchange risk. All of its cash flow is in US currency. He feels the Canadian dollar will continue to be strong. | 2006-03-24 | |
| WEAK BUY | 8.950 | Michael Simpson, CFA | This is basically the Alaskan Yellow Pages. A very well-run company. Unfortunately, their main currency is the US$. They do have hedges, but these will be expiring shortly. Represents decent value at these levels but if you are a bull on the Canadian$you may want to think twice. | 2005-12-30 | |
| PAST TOP PICK | 10.480 | Sandy McIntyre | (A Top Pick May 13/05. Up 6%.) The yellow pages business in Alaska. Trades at a 8.75/9% yield. Have stabilized their currency. Tight payout ratio. Could become a takeout target. | 2005-08-12 | |
| TOP PICK | 9.880 | Sandy McIntyre | The Alaskan yellow pages. Very stable, slow growth business. IPO came out when the Cdn$ was in the low $0.70's. Didn't have the growth to offset the currency premium. Just cut its distribution. Feels that the CDn$ will go lower and the margin squeeze over the last 2 years will go the other way. | 2005-05-13 | |
| BUY | 9.510 | Dean Orrico | Has a strangle hold on the yellow pages in Alaska. Their hedging program runs out in May or June requiring a decrease in distributions, but this has been priced into the market. A pretty attractive play and you're getting a significant premium in yield over Yellow Pages (YLO.UN-T). Likes it and will hold for the longer term. | 2005-04-01 | |
Experts that have talked about ACS Media Income Fund
Rss Feed