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This site compiles comments that experts make about stocks while on public TV shows.

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Benj Gallander of Contra the Heard

Opinions from Benj Gallander

N/AA Comment -- General Comments From an ExpertA Commentary0.020Markets are Schizophrenic right now. With levels of government debt, they can’t stimulate much more. If stock market goes up a fair amount they become richer and are more willing to spend. There are lots of interesting valuations after the correction. Financial, for example. He has invested in 23 of max 25 positions. Has sat back and done nothing with his contra portfolio. NBG-N is something he has bought for his personal portfolio. Could be a 4d or 5 bagger but very risky. 2010-07-13
SPECULATIVE BUYNational Bank of Greece SANBG-N2.570NBG-N is something he has bought for his personal portfolio. Could be a 4 or 5 bagger but very risky. 2010-07-13
WAITManulife FinancialMFC-T15.710Would wait because it came so far down recently. If they take another loss like a year ago, it could take time for them to recover. From this level it could double or go to $10-$12. CEO made good moves to raise money with dividend cut etc. Is watching it and if it came down a bit he could go for it. 2010-07-13
CommentSears CanadaSCC-T26.360Could it go private? Has no idea. 2010-07-13
BUYIntegrated Silicon SolutionISSI-Q8.620One that he owns in the contra portfolio. Could double from here. One of the cleanest balance sheets you could find. Has a track record and could do it again.2010-07-13
BUYLloyds TSB Group PLCLYG-N3.890Kicked the tires recently. Did not buy. It could end up doing very, very well. Could be a huge upside. Is a great contrarian play.2010-07-13
PAST TOP PICKNovelNOVL-Q6.200(Top Pick Aug 7/09, Up 30%) An offer to take over came in. They created some interest. Still could have a takeover but at a much higher price. A takeover would likely be finalized before the end of December.2010-07-13
PAST TOP PICKMagic Software Enterprises IncMGIC-Q2.300(Top Pick Aug 7/09, Up 53%) clean balance sheet. Special $.50 dividend. Products going gangbusters right now. Should see a lot of upside. If they got taken out it would not surprise him. 2010-07-13
BUYIntertape Polymer GroupITP-T2.070Watched it crash. Should have bought more after it crashed. Have a new CEO who was managing their leveraged division. Refinanced their debt in fall of 2008. Happy to hold.2010-07-13
WAITMagellan AerospaMAL-T2.400On his watch list. Debt was going up and they were loosing money. Has been a leader in aerospace for years in Canada. A contrarian play. Wait2010-07-13
BUYCitiGroupC-N4.300Jan 2012 options. He doesn’t play options but he owns C-N. Lot of smart investors have put a lot of money into it and he is pleased to hold it. Could hold a lot of surprises.2010-07-13
DON'T BUYResearch In MotionRIM-T57.530Are making a lot of money and sales are going back. There may be a special dividend. He thinks they need more products. Loves balance sheet. CEO may have been sidetracked for a while. He would stay away because he doesn’t like stocks above $252010-07-13
CommentA Comment -- General Comments From an ExpertA Commentary0.020Stocks with sudden events or bad quarters. When do you buy in? Likes to see a stock stabilize before he buys in. But if it is an event that is a one-off then he night by in instantly. BP he started to follow but it is difficult for him to buy in quickly. 2010-07-13
BUY on WEAKNESSHartco IncHCI-T3.400Still likes it but would not buy it. Likes the management. No debt. Doing a lot of interesting things to turn the company around. Sweet one in his portfolio. Would not surprise him to see a dividend in the next year or so.2010-07-13
HOLDTimminco Ltd.TIM-T0.520There are always questions around this company. He is afraid of this company. 2010-07-13
VAGUERoyal BankRY-T54.880RY preferred shares. Could sell at a premium, and he is going to re-examine but likely he will continue to hold them. Not a lot of upside in the short term, but there is only one way for them to go.2010-07-13
BUYRoyal BankRY-T54.880(Market Call Minute)2010-07-13
HOLDYellow Pages Income FundYLO.UN-T5.930(Market Call Minute)2010-07-13
DON'T BUYBP PLCBP-N36.880(Market Call Minute) You have to be gutsy. Too expensive for him. High risk.2010-07-13
TOP PICKIteris IncITI-A1.450Traffic Management. Gov’ts are cutting back, and could put less money into this but there are more cars on the road. Nominal debt. Heavy buyers. Trades under book value. Someone could come in and take them out.2010-07-13
TOP PICKFlextronic InternationalFLEX-Q6.52024 billion in sales. Turned profitable again. Debt load is manageable. Whole area seems to be turning around. Diversified. Good play. Triple here.2010-07-13
TOP PICKATS AutomationATA-T6.350Problem is that their revenues fell off last year. But they managed stay profitable until this last quarter. But it was a write off due to silicon. CEO knows what he is doing. Positioning it for growth. Has a lot of faith in him. Could see a triple.2010-07-13
BUYRichmont Mines Inc.RIC-T4.730Largest holding in his portfolio. But it is not a contrarian play. Are expanding their resource base. They have no debt. Have 23 Million in cash plus raised some. Loves clean balance sheets. An anomaly in the gold sector.2010-07-13
PAST TOP PICKNorsat InternationalNII-T0.610(Top Pick Aug 7/09, Down 31%) Mystery to him. Cash flow is negative. Limited cash in the bank. They are moving in the right direction. They have been profitable for quite a while. 2010-07-13
N/AA Comment -- General Comments From an ExpertA Commentary0.020Average of the stocks in his portfolio have been held for 3.5 years of more. His VP has started a portfolio that allows cheaper stocks and more dividends. 2010-06-08
DON'T BUYFord MotorF-N11.220Has been on his watch list for years. Potentially has lots of upside. Would not buy it now. Lots of more companies are more interesting. This is not a good time of the year to buy. Because so many stocks moved up from last march to now, there is lots of downside potential.2010-06-08
WAITA Comment -- General Comments From an ExpertA Commentary0.020Sell stocks to buy a condo – is Toronto Condo market overheated? Thinks condo prices will come down – HST a factor. Housing prices are relatively high. This is not the season to buy. He would wait. They will slip or maybe they will fall. He loves paying down debt.2010-06-08
HOLDViterra IncVT-T7.770Sold a percentage, unfortunately. Question is whether it should be back on the buy list. They have a lot of debt. CEO likes to acquire companies and is he making debt load too think. He wants to wait until acquisitions are over.2010-06-08
DON'T BUYJazz Air Income FundJAZ.UN-T3.610He did not like this as a income trust. It is folly as having an airline as an income trust. Would not go near this.2010-06-08
TOP PICKLiquidation WorldLQW-T0.710Made a mistake when he bought in 2007 when same store sales went down more than they should have. They just did a refinancing yesterday, high interest. They needed more money to buy inventory. It is now up year over year by a third. Relatively new management is from big lots in the states. There is still danger here. It is somewhat speculative. They have a debt load. The upside is clear but it is clearly risky.2010-06-08
TOP PICKIteris IncITI-A1.480No debt. Money made in each of the last 18 quarters. They are into traffic flow. Insiders have been buying. Trading at 22% of book value. Textbook example of stock that could do very well.2010-06-08
TOP PICKGeneral ElectricGE-N15.480If economy gets hit then they will get hit. They were smart to cut the dividend. It’s a good, relatively conservative call.2010-06-08
DON'T BUYBP PLCBP-N34.678Gulf disaster wont be the nail in the coffin. 1/7th of dividends in FTSE-100 was from BP. He likes to see stability before he buys in. Doesn’t think company will die. If it got below $25 he would be interested.2010-06-08
PAST TOP PICK3COMCOMS-Q7.900(Top Pick Jun 12/09, Up 57.06%) sold on takeover by HP. This one of the reasons for the tremendous returns.2010-06-08
PAST TOP PICKHartco IncHCI-T3.340(Top Pick Jun 12/09, Up 39.50%) Good upside play.2010-06-08
PAST TOP PICKMacquarie Power Income FundMPT.UN-T6.700(Top Pick Jun 12/09, Up 11.20% yield. Dividend play – distribution play. Fair debt load at this time. Has tremendous up side. 2010-06-08
TOP PICKBrick Brewing Company Ltd.BRB-T0.700A minnow among the beer makers. No cash on the books. Revenues went down about 11% in the last quarter but they seemed to have turned the corner.2010-05-13
TOP PICKMotorolaMOT-N6.840Thinks it can triple/quadruple from this level. Losing money for years but have started to turn a profit. Their smart phones are starting to sell. Cash flow of about $450 million last quarter giving them $8.5 billion in the bank with about $3 billion of debt. Expect they will split into 2 in the next year, which could give some kick to the stock.2010-05-13
TOP PICKNational Bank of Greece SANBG-N2.790Very speculative and very dangerous. If they have difficulties with their bonds, it will hurt them. Could turn out to be an excellent play highly risky.2010-05-13
PAST TOP PICKATS AutomationATA-T7.150(A Top Pick May 1/09. Up 62.5%.) Good management. Revenues went down above 40% in the last quarter. Think they can triple from this level. Still a Buy. 2010-05-13
PAST TOP PICKStewart Enterprises IncSTEI-Q6.590(A Top Pick May 1/09. Up 87%.) 2nd largest funeral home operators in the US. Recession proof.2010-05-13
PAST TOP PICKNashua CorpNSHA-Q8.930(A Top Pick May 1/09. Up 402%.) Taken over by Cenveo (CVO-N) but he took cash instead of shares. 2010-05-13
BUYMagic Software Enterprises IncMGIC-Q2.460Recently paid a dividend of $.50. Has a target price of greater than $7 but if they keep paying special dividends, it could take years to happen. No debt. Geographic diversification.2010-05-13
DON'T BUYElectrovaya Inc.EFL-T3.970Lithium ion polymer batteries, which is a tough place to make a living. Has gone up about 10X from its base. As a contrarian, he is always wary when stocks do this.2010-05-13
CommentShoppers Drug Mart CorpSC-T37.120Hasn't come down enough be a contrarian play. Would prefer Jean Coutu (PJC.A-T) if he were looking for a contrarian play in the drug sector.2010-05-13
BUYJean Coutu Group (PJC) (A)PJC.A-T9.090Could get hit hard when Ontario generic drug rules start, as Quebec requires drug firms to have lowest generic costs in Canada. Own a chunk of Rite Aid (RAD-N) that continues to lose mega millions. Written this investment off but if Rite Aid should manage to start recovering, it would give a real kick to this one.2010-05-13
CommentShore Gold Inc.SGF-T0.830Doesn't know this company well but the management seems to know how to make the stock move. Tremendous play in Northern Ontario.2010-05-13
CommentKingsway Financial ServicesKFS-T2.050Turned a US company over to charity but regulators took them to court. Won but it is now being appealed. If they win it will be great for them. Has looked at this for a couple of years but hasn't liked what management was saying. New management is coming in. Could go bankrupt or become a 5-10 bagger.2010-05-13
CommentVIST Financial CorporationVIST-Q8.740Would keep this on the Buy list until it reaches $9 but wouldn't buy it over $9. Has done very well during the bank difficulties. Pays a dividend. Could be a triple.2010-05-13
BUYZarlinkZL-T1.540Target price is at least a double but more likely a triple.2010-05-13
CommentArctic Glacier Income FundAG.UN-T2.980Great contrarian play. One of the leaders in the ice field. Their main problem is lawsuits over price fixing. Settled in the US but not yet in Canada. Longer term he expects it will do pretty well. Doesn't have a clean balance sheet. Will look at it again in a few months.2010-05-13
DON'T BUYYellow Pages Income FundYLO.UN-T6.620$.80 distribution will be a $.60 dividend when they convert. Tremendous payout but they have a lot of debt on the balance sheet. People do not use Yellow Pages much any more. Has difficulty understanding how they can continue with the big payouts.2010-05-13
DON'T BUYNorbord Inc.NBD-T17.250Did a reverse split and he would wait at least 1 year before considering this. Forestry sector is improving.2010-05-13
HOLDHemisphere GPS Inc.HEM-T0.770Recent quarterly results were not very good. Built up quite a bit of inventory and hopefully they will be able to sell it. Very clean balance sheet.2010-05-13
DON'T BUYHBP Comex Gold Bear+ ETFHBD-T7.270Comex Gold Bear+ ETF. This is not a game that he plays. Very tough. You have to be fairly nimble.2010-05-13
CommentHarry Winston Diamond Corp.HW-T12.710Has been watching this one. Diamonds is a fascinating area and this is one of the leaders in the field. Has run too far for him but could still have a long ways to go..2010-05-13
BUYFidelity BankLION-Q8.050(Market Call Minute.) Thinks it could go up 150% from there. 2010-05-13
CommentHigh Liner FoodsHLF-T11.800Held this one in his portfolio for 17 years and sold it earlier this year. Seems to be a dividend Corporation now, which will help support them.2010-05-13
BUYInternational Datacasting Corp.IDC-T0.260(Market Call Minute.) Just reported some bad numbers.2010-05-13
DON'T BUYBlockbuster Inc.BBI-N (Dead)0.500(Market Call Minute.) Largest video retailer in the US. Company has indicated they are looking at possible bankruptcy.2010-05-13
DON'T BUYCanWest Global Comm.CGS-X0.080(Market Call Minute.) Have got to be pretty much worthless.2010-05-13
CommentA Comment -- General Comments From an ExpertA Commentary0.020Never suspected we would have this kind of rally. So much money that has to find a home; markets have come back so people are feeling richer; but governments are in far worse shape than before and interest rates can only go one way from here – up. Looks for good clean balance sheets. It’s a stock picker’s market. Looks at sectors out of favour. A lot of large caps he used to look at have become mid-caps. 2010-04-05
BUYZarlinkZL-T1.700Remains on his buy list. Company is making money, insiders were buying. Management is skilled. It was a better buy 6 months ago.2010-04-05
DON'T BUYFord MotorF-N12.770Could have a lot of upside. Selling Volvo cleans up the balance sheet. Have some of the best product out there. He doesn’t want to chase it at this level, though. Momentum people would like it.2010-04-05
DON'T BUYCrew Gold Corp.CRU-T0.385Has trouble understanding their wheelings and dealings. It is overly complex. Started to rebound and a lot of people may jump in. He feels if things seem too complex, he should stay away from them. Prefers RIC-T2010-04-05
HOLDGammon Lake ResourcesGAM-T7.420Has positive cash flow, in turnaround mode, revenues have gone up, good turnaround candidate. He would not sell it if he owned it. 2010-04-05
BUYHemisphere GPS Inc.HEM-T0.870Bought in December. They had had a brutal quarter. Good turnaround candidate. They have to get the revenues up to do it. Will take a little while to turn.2010-04-05
DON'T BUYBank of Nova ScotiaBNS-T50.390Canadian Banking sector does not excite him in the least right now. American Banking does. If there is a double dip recession, Canadian banks might drop off. Suggests VIST-O.2010-04-05
PAST TOP PICKCASHCASH0.000(Top Pick Mar 12/09) Always believes in having enough to make a purchase.2010-04-05
CommentA Comment -- General Comments From an ExpertA Commentary0.020Natural Gas: Difficulty is finding good companies to invest in because so many have poor balance sheets. Prefers cherry picking in the sector than ETFs.2010-04-05
DON'T BUYNovelNOVL-Q6.020A hedge fund made an offer Mar 2/10. It’s trading above the offer. Would not be surprised if there were additional offers. 2010-04-05
BUYIntertape Polymer GroupITP-T3.350Are expanding their product line; aeronautics division is in recovery mode. They don’t have to pay debt very soon. Thinks this one could go up an awfully long way from here.2010-04-05
BUYCouer D'Alene Mines Corp.CDM-T16.020Wouldn’t be surprised if it had a good rebound at some point.2010-04-05
BUYATS AutomationATA-T7.580Started buying because of the solar division. They are possibly looking to sell their solar division. Likes the management. Think they have a long way to go. As the economy returns it would not surprise him to see it go over $20. 2010-04-05
HOLDViterra IncVT-T9.510Very happy to sit with the position and hope it will go back up. Doesn’t like that they have been buying companies and muddying their balance sheet. Would like to see some good earnings soon before interest rates go up.2010-04-05
CommentRichmont Mines Inc.RIC-T4.100Lots of cash and no debt. They did well in the downturn. 2010-04-05
DON'T BUYiseemedia IncIEE-X0.165(Market Call Minute) A venture company. He stays away from them2010-04-05
WAITMitec TelecomMTM-T0.045(Market Call Minute) Wait for some good news, which they say is coming.2010-04-05
TOP PICKNorsat InternationalNII-T0.700They have been doing everything right. Record income. Revenues went up during recession. They are buying back shares. Moved into new market places. They only thing is that market has not responded. Good balance sheet. Market is not responding possibly due to checkered past. At some point the market will recognize them.2010-04-05
TOP PICKFidelity BankLION-Q6.000Profitable last quarter but lost money before. Insiders own 55% and continued to buy last month. Continues to pay dividend of about 2%. Good, regional bank that seems to know what they are doing.2010-04-05
TOP PICKIteris IncITI-A2.040Traffic industry. Global, based in States. No debt. Made money throughout recession. People are just starting to recognize this as an infrastructure play. Insiders have about 22%. People hope there will be another takeover bid.2010-04-05
PAST TOP PICKLiquidation WorldLQW-T0.700(Top Pick Mar 12/09, Down 33%) Has been the worst beat up stock in his portfolio. New management felt they could turn it around very quickly. It’s taken longer than they thought because things were worse than they thought they would be. By end of week they should have worked out debt problem with their bank. Don’t buy it now.2010-04-05
PAST TOP PICKA Comment -- General Comments From an ExpertA Commentary0.020(Top Pick Mar 12/09) Canadian Bank Preferred Shares. Wished he bought the common shares. 2010-04-05
CommentA Comment -- General Comments From an ExpertA Commentary0.020CHINA: is going to continue to grow. At some point Yuan will be allowed to move up. A good place to invest. Strategy is to go in and grab market share, killing enterprises. Thinks a lot of countries should slap tariffs on them to make China move on increasing the Yuan. If you look at their labour laws and what they are doing environmentally, it’s horrific. As a place to invest – yes, but as a good corporate citizen – no.2010-04-05
DON'T BUYSherritt International Corp.S-T21.380(Market Call Minute) He wouldn’t buy it. But insiders have been buying like crazy.2010-04-05
BUY on WEAKNESSPfizer IncPFE-N16.900(Market Call Minute) If it came down a little bit be would be much more interested.2010-04-05
DON'T BUYTeck Resources Ltd. (B)TCK.B-T46.200(Market Call Minute) Wouldn’t go near it.2010-04-05
N/AA Comment -- General Comments From an ExpertA Commentary0.020We’re seeing all kinds of opposite forces at work. There are far more dangerous elements out there than normal. Government have tremendous debt. Consumers and corporations have huge debts. There are huge dangers out there. It’s handy to have cash out there. You have to be very careful in what you choose. You have to be careful of interest rates. There is only one way they can go. Hedge funds may have problems. Governments may have trouble re-financing themselves. Canada is no exception.2010-02-09
BUY on WEAKNESSBCE Inc.BCE-T28.560Hold for dividend. Some chance of capital appreciation. Would look to buy at a lower price.2010-02-09
BUYZarlinkZL-T1.370Should have gotten out when they took over another company. There is often a drop after rationalization when this happens. Likes it now. Lots of insider buying over the last few years. It could be a major turnaround.2010-02-09
DON'T BUYBank of MontrealBMO-T52.180Wouldn’t touch Canadian Banks at these levels. There is more downside risk. May look at preferred shares. 2010-02-09
CommentDenison Mines CorpDML-T1.380Used to own it. Play on Uranium. He does not follow the financial statements so can’t comment. An interesting play. It’s a supply demand situation and demand is rising. There is a move toward nuclear power again. 2010-02-09
BUYIntertape Polymer GroupITP-T3.170Insider buying has been tremendous. Could see how it would go up another 5-6 times. They refinanced their debt. They are big in the automotive and housing sectors that were beaten up and are on the rebound.2010-02-09
BUYHemisphere GPS Inc.HEM-T0.950They have a lot of inventory on the shelves. It may not age very well, but he doesn’t think it will be a problem. They are at a 10 year low. They are in a key sector. They have a good track record. They have to turn themselves around relatively quickly (2-3 years)and he thinks they have a chance of doing it. 2010-02-09
BUYMagic Software Enterprises IncMGIC-Q1.700If you look at it, they just paid a .50 dividend. Gives you international diversification. Kept on making money in the downturn. If they keep on giving these special dividends, then it is unlikely they will reach the target price. No debt and they make money.2010-02-09
PAST TOP PICKFlextronic InternationalFLEX-Q6.640(Top Pick Jan 12/09, Up 137%) Sees lots of upside (3-4 times) It spend years over $30. They are making money, but not as much as some analysts want to see.2010-02-09
PAST TOP PICKYahoo!YHOO-Q15.070(Top Pick Jan 12/09, Up 23%) No debt. Still #1 or #2 in the field. Good deal with Microsoft.2010-02-09
PAST TOP PICKCASHCASH0.000(Top Pick Jan 12/09) Has 25% cash in one portfolio.2010-02-09
DON'T BUYSuncor Energy IncSU-T31.850For people who are seeking out blue chips, this could be the one. Oil is one place where manipulation of markets happens and this could have an affect on this stock. 2010-02-09
SPECULATIVE BUYKingsway Financial ServicesKFS-T1.690This is a good choice. Company had tremendous difficulties. It’s on his watch list – it could return to form and be a 15 bagger. It could go bankrupt. 2010-02-09

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