Click Here to
receive daily
reports of the
TOP PICKS
OR
your personal
stock choices

STOCKCHASE

What the experts are saying!
This site compiles comments that experts make about stocks while on public TV shows.

There are 7 registered members and 80 guests viewing the site. Follow us on Twitter Rss Top Picks FeedRss Daily Feed

Livingston Int'l Income Fund
Symbol: LIV.UN-T
Active: N
Sector: investment companies/funds
Notes:custom brokerage
Last Price: 9.490
Last Price Date: 2010-01-28 02:20:44
Globe 200 day average

Experts who have talked about Livingston Int'l Income Fund

BUY8.170Michael SprungExpecting trade between Canada and other countries to pick up. Have a lot of logistics in the cross-border movement of goods. Selling at an extremely cheap multiple.2009-10-14
WAIT4.050Jean-Francois TardifCustom brokers. Used to short this stock because they were selling a lot of cars from the US. Also border-crossing traffic is down for the year. Now looking at this because it is a monopoly and at some point it will be a great buy. Wouldn't be in a hurry to buy.2009-04-07
Comment3.890Michael Simpson, CFAOne of the largest custom brokers in Canada. Had a distribution cut because of lower trade volumes between Canada and the US. Currently not seeing dramatic increases in trade volumes. Longer term it is a great company. Will recover along with the economy.2009-03-25
BUY6.370Sandy McIntyreBorder brokers which is very cyclical. Clear cargoes between Canada and the US. Very sharp decline in activity that sharply reduced revenues. Very well run company. If looking for an economic recovery, he would be a buyer. Could be a takeover target.2009-01-22
HOLD15.130Michael Simpson, CFAHave about 30% market share of custom brokerage and logistics in Canada. Recent quarter was better than expected. Doing quite well on car importation in Canada. During an economic downturn, their volumes and cash flow will suffer.2008-05-14
DON'T BUY15.040Michele RobitailleHammered by the cyclical downturn. As the US economy worsens, theirs worsens. Has been a dramatic falloff of goods both ways. Sees more challenges than upside. Not cheap at 8X EBITDA 2008. Payout ratio of about 96%. Doesn't expect an imminent cut in distributions but with an extended downturn in the US there probably won't be a turnaround anytime soon.2007-11-28
BUY17.650Sandy McIntyreEarnings came out and they were acceptable. Near a 52-week low which is probably due to the general malaise. Good long-term buy.2007-08-13
HOLD19.390Leslie LundquistLargest custom brokerage firm in Canada. 1st quarter was rather disappointing. Recently announced the retirement of their transportation/logistics man and she feels the 2nd quarter may be weak.2007-07-25
HOLD20.670Michael SprungLikes it. Business model is excellent. Some of their business segments, they've had a margin squeeze, but that is a short term problem. 2007-06-15
TOP PICK21.210Patrick KimThe leading customs brokerage between Canada and the US. Stock price has come off in the last couple of days because of a weak Q1 report. Good as a trading stock. He sells when it gets up to $23-$24.2007-05-14
BUY21.500Andrew Guy, CFAProvides cross-border brokerage services. Have a very large market share. Medium to longer-term they will do very well. Good cash flow.2007-04-09
WAIT20.770Michele RobitailleRelatively good company. A leading customs broker. With their acquisition last year they are at 27% market share. She is a little cautious about trade volumes if the US economy slows down. Wait for their 4th quarter results.2007-03-23
TOP PICK21.500Patrick KimThe leading customs broker. One of the most blue chip industrial trusts that you can buy. Very conservative balance sheet. Conservative payout ratio. Stable business.2007-02-22
PAST TOP PICK22.500Patrick Kim(A Top Pick Jan 13/06. Down 7.1%.) His favourite name in the industrial trusts. Have a fantastic market position.2007-01-26
PAST TOP PICK22.200Robert Lauzon(A Top Pick Mar 1/06. Down 16.9%.) Study cash flow business. Integrating a large acquisition, which will take a couple of more quarters. Still likes it.2007-01-22
BUY21.450Michael SprungThis is one of the business models that he does like. Likes the international trade logistics market and this is a leader in it. Pays 8.5% yield.2007-01-05
Comment19.870Ben ChengHas helped consolidate the custom brokerage business and has done quite well and is now the largest player. As the US economy slows, their business will also slow.2006-12-01
PAST TOP PICK22.860Robert LauzonIt is up 11%. It is a pretty stable business.2006-09-29
BUY23.160Michael SprungDoes a lot of logistics in cross border trade which is a good area to be in. Stock has dropped in price which gives an opportunity to buy. 7.3% yield.2006-09-19
PAST TOP PICK25.990James Leung(A Top Pick Jan 27/06. Up 2.5%.) Expect the synergies from their last year’s acquisition will come through in the next 6 months. Payout ratio is very comfortable at 85%.2006-06-30
PAST TOP PICK26.560Patrick Kim(Past Top Pick Jan 13/06. Up 12%.) A fantastic name. Have a track record of under promising and over delivering on its cash flows.2006-04-21
PAST TOP PICK27.400Robert Lauzon(A Top Pick Dec 23/05. Up 21%.) The easy money has been made on this one. Probably fully valued now.2006-04-07
PAST TOP PICK25.900Robert Lauzon(A Top Pick Dec 23/05. Up 18%.) Good synergies with their recent acquisition.2006-03-24
TOP PICK26.730Robert LauzonBelieves recent merger will produce good results. Pay out ratio at 75%. There may be some regulatory risks. He is continuing to buy.2006-03-01
BUY27.150Ben ChengRecently merged with Peace Bridge (PBB Income Fund) It is nonasset base brokerage firm. It looks good. Low yield and less risk. 2006-02-25
TOP PICK25.500James LeungIn the customs brokerage business. They benefit from the good cross border trade.2006-01-27
TOP PICK24.430Patrick KimThe largest custom broker in Canada. Just acquired one of their main competitors. They were in similar businesses, so there will be a lot of synergies. A great track record of increasing distributions steadily.2006-01-13
TOP PICK22.600Robert LauzonLivingston (LIV.UN-T) is merging with PBB Logistics (PBB.UN-T) and the synergies will be very high. The toughest part will be integrating their IT systems.2005-12-23
TOP PICK20.960Robert LauzonAttempting a merger with PBB (PBB.UN-T) that is also a custom brokerage. Good synergies.2005-12-08
BUY20.450Michele RobitailleInvolved in a hostile takeover of PBB Global Logistics (PBB.UN-T). The combined company would be very strong. A natural fit. A very high quality company with a very strong management team. Conservative. Payout ratio is around 70%.2005-11-18
VAGUE21.300Robert LauzonHas been treading water for the last year at around $20 because it trades at the high end of the multiple. Low payout ratio. A lot of cash built up on the balance sheet. Recently made some acquisitions.2005-06-17
BUY21.100Patrick KimOne of the higher quality income trusts. Benefiting from the increased cross border trade. Continuing to see strong numbers form the industry. They are the market leader, so they do have a good presence in having a diverse revenue base across wide sectors. Long track record and solid management team. Very strong Q1 results.2005-06-10
DON'T BUY19.000Blair WilsonHas had problems in the past with a higher Cnd$. Target price is lower than current price.2004-10-01
TOP PICK16.550Dean OrricoGood-quality management team. Relatively low debt. Relatively low payout ratio. Outlook is quite strong. Would like to see it makes them acquisitions in order to increase growth.2004-05-05
TOP PICK17.300Dean OrricoThe largest player in Canada in the Customs brokerage industry. Need for security has increased regulations for importing/exporting. Good management.2004-04-05
BUY14.250Dean Orrico80% payout ratio.2003-06-25
BUY on WEAKNESS13.050Sandy McIntyreGood business. Have done a good job on increasing distributions. Would buy on any pullback.2003-04-17
BUY11.300Sandy McIntyreShould do quite well in a growing economy.2003-01-09
DON'T BUY11.200Garth JestleyNew trust. Good yield but 100% taxable. Trades at a big premium.2002-03-19

Privacy Policy