Rss Top Picks FeedRss Daily Feed| Click Here to receive daily reports of the TOP PICKS OR your personal stock choices | STOCKCHASEWhat the experts are saying! |
| There are 10 registered members and 68 guests viewing the site. | Follow us on Twitter | Rss Top Picks Feed | Rss Daily Feed |
StockResearchPortal.com |
| Michael Smedley of Morgan Meighan & Associates |
|---|
| STRONG BUY | Brookfield Properties | BPO-T | 16.040 | Highest quality in the land. He has been holding it for the long term. Very well run company. Heavyweight in New York and Manhattan. Can’t say anything against it. 3.6 Dividend. | 2010-07-29 | ||
| SPECULATIVE BUY | Canada Lithium Corp. | CLQ-T | 0.620 | Doesn’t know how much the market will be overloaded with lithium. It has to develop its asset. If you believe in the onset of electric cars, then you could speculate on this. Main competition is American Lithium. | 2010-07-29 | ||
| BUY | Equinox MineralsLtd. | EQN-T | 4.700 | Zambia based copper producer. Stock has been improving in the last few days. It gets waterlogged in the mid-$4 range. Owned it for the long term. Doesn’t know how much higher it goes until either it expands its copper asset or the price of copper goes up. | 2010-07-29 | ||
| DON'T BUY | Kinross Gold | K-T | 16.760 | Has been expanding well and capitalizing on its sale of Harry Winston. He doesn’t know anything bad about it. A low cost producer. | 2010-07-29 | ||
| PAST TOP PICK | Genworth MI Canada Inc. | MIC-T | 25.100 | (Top Pick Aug 26/09, Up 10% Total Return) Not happy because he has been up considerably higher. It is a buy at the moment. | 2010-07-29 | ||
| PAST TOP PICK | Domtar Corp. | UFS-T | 55.520 | (Top Pick Aug 26/09, Up 53%) It’s hideously down. Company in fine shape. Debt reducing. People find it hard to understand. A much improved company. It’s a buy | 2010-07-29 | ||
| WEAK BUY | Agnico-Eagle Mines | AEM-T | 57.090 | Long established company. Has been working in a highly productive area of Quebec. Nice operation in Finland also. It’s in a downward path. Tends to go into smaller ones at the moment. He isn’t buying right now. | 2010-07-29 | ||
| SELL | Crystallex International | KRY-T | 0.445 | You are committed to a support lifeline in Venezuela. Not a buy. Worst horizontal drilling operation in the world. Dead in the water. | 2010-07-29 | ||
| HOLD | Western Canadian Coal Corp. | WTN-T | 4.280 | Magnificent resurrection of coal and of the company. Not too comfortable with longevity. | 2010-07-29 | ||
| HOLD | Manulife Financial | MFC-T | 16.370 | Still trashed. Popped today on news. Some bottom fishing going on with this company. Always a hope that you get into the 20’s again. It should be around the bottom here. | 2010-07-29 | ||
| SELL | Kirkland Lake Gold | KGI-T | 8.010 | No gloom and doom. Difficult operations. Controlled by a well-to-do man in England. Not one of his favorites. Would switch to another gold. | 2010-07-29 | ||
| Comment | Canadian Oil Sands Trust | COS.UN-T | 27.560 | Has been some gentle fear in the air that while strongly held, is a bit vulnerable to endless cash flow. If it has losses, then it can continue not to pay tax. As a result of strategies to avoid tax, distributions may exceed cash flow. They are a major in the oil sands. | 2010-07-29 | ||
| BUY | Research In Motion | RIM-T | 57.680 | Thinks it has bottomed out. It’s not going to attain its old highs, but it will look good on its next release. | 2010-07-29 | ||
| BUY | La Mancha Resources Inc. | LMA-T | 1.630 | Excellent company, mostly in Africa and Australia. Doesn’t have the takeover spice in it. Likes it. Capable of growing and has been. | 2010-07-29 | ||
| BUY | Ventana Gold Corp | VEN-T | 7.890 | Concluded settling of its Colombian problem. Possibly in the future it might have problems with the processing. Should go up from here. | 2010-07-29 | ||
| TOP PICK | Uranium One Inc. | UUU-T | 2.840 | Extremely impressed with the way it is getting together with its Russian partners. Have been the only Uranium company in Europe to meet its targets. Had gone down because Russians acquired 51% of company but it turns out this is ok. | 2010-07-29 | ||
| TOP PICK | Magna Int'l. (A) | MG.A-T | 77.310 | Brings in powerful investors. Has had a magnificent history. Frank gets paid what he gets paid. | 2010-07-29 | ||
| TOP PICK | Biovail Corp. | BVF-T | 22.690 | Being taken over, but he likes it. Tremendous cash flows, tax benefits. It’s going further. | 2010-07-29 | ||
| DON'T BUY | Homburg Canada REIT | HCR.UN-T | 10.080 | Very complex company. European asset threatened by failure of a big tenant. Can’t recommend it. | 2010-07-29 | ||
|
| |||||||
| BUY | Quadra FNX Mining Ltd | QUX-T | 12.640 | Long been an investor in FNX. Has good production. Branched into international arena. Quadra and FNX is a combination of strength. | 2010-07-29 | ||
| DON'T BUY | PetroBakken Energy | PBN-T | 22.710 | A Bit disappointing. Has made acquisitions and now you need to see results. | 2010-07-29 | ||
| PAST TOP PICK | Alliance GrainTraders Inc. | AGT-T | 32.410 | (Top Pick Aug 26/09, Up 50%) Can go much higher if you take a long-term view. Becoming a world leader in this field. | 2010-07-29 | ||
| HOLD | The Data Group Income Fund | DGI.UN-T | 7.470 | Got a great tradition of software. It’s a solid company. Not been stellar in terms raising its revenue in the last year. Hold for income and reliability. Inroads into government. Could get taken out one day. | 2010-07-29 | ||
| N/A | A Comment -- General Comments From an Expert | A Commentary | 0.020 | The market is going sideways. Little up days and then some backpedaling. He looks for special situations in this market: mergers, deals. He has faith that we will stagnate 'nicely'. Dividends will stay loved. They are up to half of total returns over long terms. Stay invested in quality situations with dividends. | 2010-07-29 | ||
| TOP PICK | Biovail Corp. | BVF-T | 0.495 | Very exciting merger with Valeant (VRX-N). These 2 companies fit together wondrously and really create a major in the Canadian medical sector. Will be trading single digit multiples. Fabulous cash flows. | 2010-06-28 | ||
| TOP PICK | Uranium One Inc. | UUU-T | 2.710 | Being acquired by a Russian government controlled conglomerate, which will make it 3rd in global uranium production. | 2010-06-28 | ||
| TOP PICK | Electrovaya Inc. | EFL-T | 3.240 | Produces non-toxic lithium ion polymer car batteries. The gamble here is that some more very good news comes through. | 2010-06-28 | ||
| PAST TOP PICK | Teck Resources Ltd. (B) | TCK.B-T | 33.680 | (A Top Pick June 10/09. Up 75.98%.) | 2010-06-28 | ||
| PAST TOP PICK | Centamin Egypt | CEE-T | 2.560 | (A Top Pick June 10/09. Up 75.69%.) | 2010-06-28 | ||
| PAST TOP PICK | Quadra FNX Mining Ltd | QUX-T | 10.810 | (A Top Pick June 10/09. Up 13.58%.) Formerly FNX Mining. Merger with Quadra brought the stock down but he still likes. A good hold for the long term. | 2010-06-28 | ||
| STRONG BUY | Brookfield Office Properties Ltd | BOX.UN-T | 18.600 | Very high-grade office buildings. Excellent distributions of around 5%. Top class management. | 2010-06-28 | ||
| WEAK BUY | Research In Motion | RIM-T | 54.840 | Thinks the current price is safe to buy it at. Has the greatest international network of carrier support. Capable of supplying new products. Have been expanding in emerging markets. | 2010-06-28 | ||
| HOLD | Manulife Financial | MFC-T | 16.250 | Face the dilemma of investing premiums. Over 3% dividend. | 2010-06-28 | ||
| Comment | Armtec Infrastructure Income Fund | ARF.UN-T | 19.550 | Yield of almost 11%. In a transitional period for converting to a corp. but suspects they will try to keep the dividends up. The market correction gives you an opportunity if you want to buy it. | 2010-06-28 | ||
| HOLD | Sears Canada | SCC-T | 26.010 | 9% owned by Sears US. Paid a cash dividend of $3.50 a share at the end of May. Not a “sparkling” operator. Good value. Could be a takeout. | 2010-06-28 | ||
| DON'T BUY | Potash Corp of Saskatchewan | POT-T | 95.020 | Need to take a long-term approach as it takes a long time for this company to crank up. Would like to see it drop a lot further. | 2010-06-28 | ||
| HOLD | Canadian Western Bank | CWB-T | 24.200 | Recently reported good earnings. He believes in Western Canada. Might be more exciting to hold the warrants, which have 2 years left. | 2010-06-28 | ||
| HOLD | Hudbay Minerals Inc. | HBM-T | 12.170 | New CEO, which is something the company has lacked. Continuing to expand its high-grade asset in Manitoba. Tremendous land spread. | 2010-06-28 | ||
| TOP PICK | Athabaska Oil Sands Corp | ATH-T | 10.280 | Has to be a buy at $10-$11. Believed to be the largest asset in the oil sands. Deep pockets of the Chinese have funded it. This is long-term for any kind of production. | 2010-05-27 | ||
|
| |||||||
| TOP PICK | Air Canada (B) | AC.B-T | 1.850 | Thinks this company is coming out of the depths of years of misery, poverty, internal warfare, etc. Have cut it back now to be able to make money. | 2010-05-27 | ||
| TOP PICK | Brookfield Office Properties Ltd | BOX.UN-T | 18.750 | Converted from a corporation into a super quality REIT. More than doubled distribution to 5% and has promised to create great liquidity possibly by selling down. The only “A” grade property company in Canada. | 2010-05-27 | ||
| PAST TOP PICK | Lassonde Industries Inc. | LAS.A-T | 51.000 | (A Top Pick April 28/09. Up 47%.) Best known for its fruit juices. Larger than Tropicana and other giant fruit juice firms in Canada. | 2010-05-27 | ||
| PAST TOP PICK | Teck Resources Ltd. (B) | TCK.B-T | 36.790 | (A Top Pick April 28/09. Up 229%.) | 2010-05-27 | ||
| PAST TOP PICK | Extract Resources Limited | EXT-T | 6.300 | (A Top Pick April 28/09. Up 37%.) Uranium in Namibia. | 2010-05-27 | ||
| BUY | Ventana Gold Corp | VEN-T | 10.650 | Settled the La Bodega arbitration/acquisition of La Baja gold property in Colombia, which was good. Now have to march on with the development of the mine. Overall, an extremely favourable situation. | 2010-05-27 | ||
| BUY | Sprott Resource Corp. | SCP-T | 4.350 | Masters of the resources game. If you believe in resources and gold, this is a channel that you can use. Should work well as long as resources work well. | 2010-05-27 | ||
| BUY | Western Canadian Coal Corp. | WTN-T | 5.450 | This coal company has emerged in the front line after looking like it was going bankrupt a couple of years ago. Long-term view of about 8 million tons. He is a believer in coal. | 2010-05-27 | ||
| Comment | Rubicon Minerals Corporation | RMX-T | 3.760 | Expect it has a 5 million ounce deposit but probably the high grade is much smaller than what has been suggested. Expect this is the reason for the weakness in the stock. | 2010-05-27 | ||
| BUY | IMAX Corp. | IMAX-Q | 17.200 | Pullback is related to the general market pullback and this is possibly a good time to get in. 3-D has come on very strongly last year. | 2010-05-27 | ||
| Comment | Suncor Energy Inc | SU-T | 32.370 | There is quite a lot of oil available. The proof of that is the disaster in the Gulf has not pushed oil to $90. | 2010-05-27 | ||
| Comment | Manulife Financial | MFC-T | 17.690 | Big part of its job is investing its premiums in the stock market that sometimes doesn't work. You could consider holding this on a longer-term basis. | 2010-05-27 | ||
| BUY | Labrador Iron Mines Holdings Ltd. | LIM-T | 5.710 | Long-term is very bullish on this. Good management. | 2010-05-27 | ||
| BUY | Fortis Inc. | FTS-T | 26.500 | Tends to be something that is not adversely affected by the very emotional downturns that we've had recently. The downturn of the stock might have been as a result of the banks talking about higher interest rates, which is now being downplayed. | 2010-05-27 | ||
| BUY | UEX Corp. | UEX-T | 0.810 | Uranium. Recently reported. Cameco (CCO-T) has a holding in this. There has been a change in top management in the last year. | 2010-05-27 | ||
| BUY | WFI Industries | WFI-T | 26.910 | One of the most interesting geothermal producers of heat and cooling. Recently announced a 16% increase in dividends. Good company. | 2010-05-27 | ||
| HOLD | Logibec Groupe Informatique | LGI-T | 25.760 | OMERS have made an offer of over $200 million for this software company. Stock has been rising quite a bit recently. | 2010-05-27 | ||
| BUY | Parex Resources Inc. | PXT-X | 4.650 | Very attractive company. Has moved into Colombia in its new life, having sold its Argentinean company. Interesting assets in Colombia and Trinidad. They are experts. | 2010-05-27 | ||
| Comment | Bank of Nova Scotia | BNS-T | 48.690 | Good solid core holding. Great bank, particularly in the Latin American sphere. | 2010-05-27 | ||
| BUY | Canadian Natural Rsrcs | CNQ-T | 36.480 | The 2 for 1 split of the stocks makes it easier for smaller investors to buy. A diversified company with a long-term history, not just oil sands. | 2010-05-27 | ||
|
| |||||||
| BUY | Canadian Oil Sands Trust | COS.UN-T | 28.150 | Oil sands are here to stay. | 2010-05-27 | ||
| Comment | DragonWave Inc. | DWI-T | 6.350 | (Market Call Minute.) Need to spread their wings and get more clientele under the belt. Great company and beautifully run. On the cusp of great difficulty but think they may work through. | 2010-05-27 | ||
| BUY | Petrominerales Ltd. | PMG-T | 26.600 | (Market Call Minute.) Has done brilliantly in Columbia. | 2010-05-27 | ||
| BUY | Semafo Inc | SMF-T | 7.100 | (Market Call Minute.) One of the interesting West African mines. Somewhat of a one trick pony but it looks good and can go higher. | 2010-05-27 | ||
| BUY | Silver Wheaton | SLW-T | 19.320 | Silver has a touch of quality at the moment. This one is the lazy man's way of being in the sector because it is a royalties company and is not in the digging. European currency problems will have a positive effect on precious metals. | 2010-04-29 | ||
| TOP PICK | Brookfield Office Properties Ltd | BOX.UN-T | 20.400 | Converting into a REIT. Low cap rate of about 5X because of the absolutely superb quality. The only grade A properties REIT in Canada. 3.67% yield currently, which almost doubles in distributions to about 5%-6%. | 2010-04-29 | ||
| TOP PICK | Medusa Mining | MLL-T | 4.530 | Only gold company globally with costs of $200. Philippines. Trades mostly in Australia and on the London Stock exchange. | 2010-04-29 | ||
| TOP PICK | Air Canada (B) | AC.B-T | 2.250 | Considering it as a trading stock. There are analysts that are looking for a double. | 2010-04-29 | ||
| BUY | The Data Group Income Fund | DGI.UN-T | 9.320 | There is great security with this small-cap company. Will have to transition into a corporation by year-end but yield should still be very strong. | 2010-04-29 | ||
| DON'T BUY | Viterra Inc | VT-T | 8.390 | Great company. Has expanded brilliantly across into Australia, which gives a better access to Asian countries. Seems to have been stuck for a long time. | 2010-04-29 | ||
| Comment | East Asia Minerals Corporation | EAS-X | 7.810 | Uranium in Mongolia. Continues to expand its extremely rich gold asset in northern Indonesia. | 2010-04-29 | ||
| HOLD | Crescent Point Energy Corp | CPG-T | 42.450 | One of the leading companies in the shale oil play in the Bakken region. | 2010-04-29 | ||
| HOLD | Western Canadian Coal Corp. | WTN-T | 6.210 | Metallurgical coal. China needs this and Australia can’t supply because it can’t get its infrastructure right. This one is emerging as the foremost company. | 2010-04-29 | ||
| BUY | Fortress Paper | FTP-T | 19.600 | 2 or 3 operations. The odd one, that doesn't sound too interesting but is actually pretty good, is wallpaper. Very high technology in the production of banknotes. Acquired an old mill in eastern Canada where they will produce rayon, which is replacing cotton. Top-notch management. | 2010-04-29 | ||
| WATCH | Trans Canada Corp | TRP-T | 35.650 | New CEO. There is criticism about the over build for product that will not be pumped through. A good dissent provides opportunity. | 2010-04-29 | ||
| HOLD | Open Text | OTC-T | 47.300 | Very attractive, one-of-a-kind. About the only great, world-leading independent left in their software area. | 2010-04-29 | ||
| PAST TOP PICK | Lassonde Industries Inc. | LAS.A-T | 55.040 | (A Top Pick April 28/09. Up 64.22%.) | 2010-04-29 | ||
| PAST TOP PICK | Teck Resources Ltd. (B) | TCK.B-T | 40.700 | (A Top Pick April 28/09. Up 269.1%.) | 2010-04-29 | ||
| PAST TOP PICK | Extract Resources Limited | EXT-T | 6.750 | (A Top Pick April 28/09. Up 49.22%.) | 2010-04-29 | ||
| TOP PICK | Canaccord Financial Inc | CF-T | 11.240 | Largest Canadian non-bank retail brokerage. Merging with Genuity management team. | 2010-03-18 | ||
|
| |||||||
| TOP PICK | Compass Minerals International | CMP-N | 81.480 | Operates largest global salt mine (Goderich Ontario). Main supplier of north-eastern US with de-icing salt. Very reliable business. Also operates in Great Salt Utah and is the only North American producer of sulphated potash, used for vegetables. Also a 500-foot deep compartmentalized mined out salt mine in the UK that is used for storage. | 2010-03-18 | ||
| TOP PICK | Medusa Mining | MLL-T | 3.550 | High grade gold in the Philippines at $200. Reaching 100,000 ounces with 200,000-300,000 to go. Good growth story. | 2010-03-18 | ||
| PAST TOP PICK | Lassonde Industries Inc. | LAS.A-T | 53.520 | (A Top Pick April 28/09. Up 50.8% excluding dividends.) Quebec-based. Specialized fruit juice manufacturer. Continue to Hold. | 2010-03-18 | ||
| PAST TOP PICK | Teck Resources Ltd. (B) | TCK.B-T | 41.260 | (A Top Pick April 28/09. Up 269%.) Have taken some profits but has purchased more. Still a Buy. | 2010-03-18 | ||
| PAST TOP PICK | Extract Resources Limited | EXT-T | 6.900 | (A Top Pick April 28/09. Up 49.5%.) 2 or 3 giant holders glaring at each other and there is a sense that it might not become a mine. Cost of production of about $30+ with the price of uranium being at $40 so he doesn't favour it as much as he did. | 2010-03-18 | ||
| Comment | Thompson Creek Metals | TCM-T | 13.810 | Single product company of molybdenum. Since this is a by-product of copper, the main problem that could arise would be if copper production keeps increasing, molybdenum prices could decrease but he doesn't think this will happen. | 2010-03-18 | ||
| BUY | Domtar Corp. | UFS-T | 69.180 | Riding on a boom because of its restructuring to eliminate debt. The sector is looking startlingly strong. | 2010-03-18 | ||
| WEAK BUY | Transalta Corp | TA-T | 22.900 | Dividend (5%) has chronically been considered not safe but it is not excessive and he thinks it will continue through thick and thin. Company is a bit boring. Solid, good long-term hold. | 2010-03-18 | ||
| HOLD | Baytex Energy Trust | BTE.UN-T | 35.390 | Has reached a 52-week high. 6% distribution should be safe. Should transition to a corporation very smoothly. | 2010-03-18 | ||
| BUY | Imperial Metals Corp | III-T | 16.180 | Extremely high-grade, probably averaging out 1.5 copper. Doesn't know how fast it will get into production but it could be a very big mine. Will take time to get through all the stages to production. | 2010-03-18 | ||
| BUY | La Mancha Resources Inc. | LMA-T | 1.950 | Still progress in with their production. Under followed. | 2010-03-18 | ||
| Comment | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Large Chromite discovery in the “Ring of fire” in northern Ontario. Will take a long time as it needs a 100 km road to be built. Being blockaded by First Nations at the local airports. | 2010-03-18 | ||
| HOLD | Laurentian Bank | LB-T | 44.160 | Very nice, Quebec-based bank, doing business in other parts of the country. Nice dividend of 3.5%. | 2010-03-18 | ||
| BUY | Suncor Energy Inc | SU-T | 32.130 | Is really down but is improving and should continue. Political and royalty complexions are improving in Alberta for the whole industry. | 2010-03-18 | ||
| Comment | Encana Corp | ECA-T | 32.120 | The price of gas is like death at the moment. You are better off elsewhere. If you own, consider selling and diversifying. | 2010-03-18 | ||
| BUY | Equinox MineralsLtd. | EQN-T | 3.700 | This is a big copper producer coming on in Zambia. Also has a uranium deposit. Could be a takeover candidate. | 2010-03-18 | ||
| BUY | Sherritt International Corp. | S-T | 19.150 | Will probably continue through $10. Doing better with its Madagascar laterite/nickel situation. | 2010-03-18 | ||
| Comment | Seabridge Golds | SEA-T | 22.820 | Gold. This is the only company he knows that is deliberately accumulating gold assets, which it has no intention of producing. Creating a store of gold. Doesn't know why it is going down. | 2010-03-18 | ||
| Comment | Lake Shore Gold | LSG-T | 2.810 | Trying to build a great gold camp again in an old gold camp and seems to be succeeding. | 2010-03-18 | ||
| HOLD | Harry Winston Diamond Corp. (US) | HWD-N | 9.950 | 2 stream company in that it is a retailer as well as a diamond mine with considerable reserves. Expect it could be a takeout someday. | 2010-03-18 | ||
|
| |||||||
| BUY | Ventana Gold Corp | VEN-T | 9.200 | Has a land dispute in Colombia. If this gets settled, it should go up by $2 probably. Good asset. | 2010-03-18 |
