Viewing Company Canam Group Inc. | StockChase
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Compiling comments that experts make about stocks while on public TV.

Canam Group Inc. Stock Symbol: CAM-T (Dead)

Notes:

Went private (July 2017)

Last Price Recorded: $12.3000 on 2017-07-05

Date Signal Expert Opinion Price
2017-04-27 COMMENT Mike S. Newton, CIM FCSI

This is going private and went up 96% today.


Price:
$12.190
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2017-03-15 COMMENT Stephen Groff

Structural steel. A very cyclical, and highly asset intensive in terms of what is needed in working capital. Make sure they have the balance sheet needed, because it is cyclical. A competitive business. They often have contracts that can either make them or break them.


Price:
$5.980
Subject:
NORTH AMERICAN DIVIDENDS
Bias:
UNKNOWN
Owned:
No
2016-09-22 COMMENT Benj Gallander

Believes they just reported a loss of about $28 million which is huge, but their backlog he believes, is at a record level. Their financial statements are pretty good. With their structural steel division, it is 12.8% of the enterprise. They are talking about wrapping that down, and possibly eliminating it. If they do that, there are going to be some write offs associated with it, which will negatively impact the stock price. He likes the company overall.


Price:
$10.360
Subject:
CONTRARIAN and VALUE INVESTING
Bias:
UNKNOWN
Owned:
No
2016-08-08 BUY David Baskin

Will really benefit from the lower dollar.  As long as the dollar stays where it is their prospects are not bad at all. 


Price:
$9.250
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
Unknown
2016-03-29 PAST TOP PICK James Hodgins

(A Top Pick March 25/15. Up 3.75%.) This was a play on market share in that a lot of their business was in the US. He still likes this.


Price:
$12.980
Subject:
MARKET NEUTRAL INVESTING: SMALL/MID-CAP
Bias:
BEARISH
Owned:
Yes
2015-06-17 PAST TOP PICK James Telfser

(A Top Pick May 12/14. Up 7.67%.) Sold his holdings. Liked the story and followed it for a very, very long time. It was extremely cheap, trading in the $7 range. The number you want to watch for on this is the Architectures Billing Index. It was expanding and expanding, so it was getting a lot of non-residential buildings. Then they started getting big, big contracts such as stadiums and bridges. Their backlog was getting bigger than they had ever seen before. It is great to get a big backlog, but you have to be able to work through it profitably and on time, which becomes a challenge on big projects.


Price:
$14.000
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
No
2015-03-25 TOP PICK James Hodgins

Commercial construction the US.  They also offer architectural and design services.  More than a $ billion back log.


Price:
$12.560
Subject:
MARKET NEUTRAL INVESTING
Bias:
NEUTRAL
Owned:
Yes
2014-10-24 WATCH James Telfser

Makes bridges and industrial buildings. This has had a bit of a wild ride. Had 2 quarters where they really disappointed. The 1st quarter this year was weather related, and this last quarter they missed expectations because their back log was too big. Margins got squeezed and they weren’t getting the amount of work done. They have to hire a lot of people to get through that back log. If you hold this name, watch next week when they report to see where this company goes. He thinks it was just 2 short term misses. He has a lot of faith in management.


Price:
$11.320
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
Yes
2014-09-12 HOLD James Telfser

Steel fabricator making bridges, steel joists, a lot of industrial and commercial type work. Commercial building lags residential building. Residential building has really spiked up over the last few years and now commercial building is starting to spike up and a lot of data is pointing towards this. When you have a big backlog, you have to hire a lot of people to do a lot more over time and things that hurt your margin. Stock has had 2 misses. One was because of weather, and Q2 was because of backlog. Now the risk/reward is pretty attractive. It is very undervalued relative to its history and to their peers.


Price:
$10.820
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
Yes
2014-05-12 TOP PICK James Telfser

The industrial build out in the US is continuing.  The back log is record, up 30% this quarter.  The last quarter was affected by weather.  Management seems very confident in the future.  10 times earnings.


Price:
$13.190
Subject:
CANADIAN
Bias:
SELECTIVELY OPTIMISTIC
Owned:
Yes
2014-02-19 TOP PICK James Telfser

This is a name that you don’t want to hold for a whole cycle over a few years. You want to hold when margins start to grow, when non-residential building starts to really build up and that is where we are getting to right now. The Architectures Building Index, which is a good forward indicator for the stock, came out positive. Getting a lot of contracts. Just reinstated their dividend.


Price:
$13.740
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Yes
2013-12-03 BUY on WEAKNESS Irwin Michael, B.Com, MBA

Well run.  Involved in steel fabrication.  They stumbled but they turned it around.  He sold and is now out.  Likes management.  He may buy it again if it ever comes down.  A lot of institutions want to see a dividend.


Price:
$12.580
Subject:
VALUE
Bias:
SELECTIVE
Owned:
No
2013-06-25 TOP PICK James Telfser

A margin growth story.  Gross Margin was 7% after the 2007/8 collapse.  It is a story about building out the US.  Margins are now up to 16% and if they can drive them to 19% it will drive the valuation up.  About half of the business is in the US.


Price:
$9.320
Subject:
CANADIAN LARGE
Bias:
BULLISH on US MARKET
Owned:
Yes
2012-08-31 TOP PICK Jeff Parent B. Eng. FCSI

Doesn’t own but is going to try and accumulate under $5 over a period of time. If it can break above $5 on some good volume, then it has the potential to go up another couple of dollars.


Price:
$4.810
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
No
2011-09-09 HOLD Irwin Michael, B.Com, MBA Lost money in BC Place where they had a fixed price contract. Also, infrastructure spending has slowed down. Had a loss last quarter and they passed the dividend for the time being. Selling $50 million plus of assets, which are not germane to their business so there are no financial problems.
Price:
$4.330
Subject:
VALUE
Bias:
SELECTIVE
Owned:
Yes
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