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Compiling comments that experts make about stocks while on public TV.

Wajax Corp Stock Symbol: WJX-T

Last Price Recorded: $23.3200 on 2017-10-20

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Date Signal Expert Opinion Price
2017-02-17 TOP PICK Hap (Robert) Sneddon FCSI

They have three divisions. Industrial components, power systems and equipment.  They have had a huge run up based on earnings.  They report in a couple of weeks.  It may be necessary to sell after that.


Price:
$23.700
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
Yes
2016-10-20 SHORT James Hodgins

They are adamant they cannot cut the dividend.  He thinks they should because the cash flow does not cover it.  It is not on his list of safe dividend payers.  He is short this stock.


Price:
$15.050
Subject:
MARKET NEUTRAL INVESTING: SMALL/MID-CAP
Bias:
NEUTRAL
Owned:
Yes
2016-08-18 WATCH Hap (Robert) Sneddon FCSI

This is a really volatile space.  He likes TCK.B-T instead.  On a short term basis it came right up to the break down level.  It is at the bottom of a previous trading band.  We are right at support here.


Price:
$15.160
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
No
2016-06-17 SPECULATIVE BUY Greg Newman

(Market Call Minute.) Interesting company at this price. Have been doing tremendous cost cutting. At a level right now where it is starting to look very interesting again if you are patient.


Price:
$15.160
Subject:
CANADIAN DIVIDEND
Bias:
OPTIMISTIC
Owned:
Unknown
2015-06-18 DON'T BUY Greg Newman

Just came to market and raised about $75 million to repay debt and get their debt level into better form. They are focusing on cost cutting and organic growth opportunities. They’re in a tough spot. 50% of their sales are to mines, oil sands, etc. They were down 7% in the market today and he doesn’t know what the news was. It’s not one that he would be buying here yet.


Price:
$20.860
Subject:
CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias:
BULLISH
Owned:
Unknown
2015-02-26 COMMENT Douglas Kee

Yield on this is pretty high and because of their debt position, they are likely to be cutting it at some point. They are related to the oil sector, so that is probably going to soften their earnings.


Price:
$26.000
Subject:
CANADIAN DIVIDEND
Bias:
UNKNOWN
Owned:
No
2015-01-30 SPECULATIVE BUY Greg Newman

Trading at 6.4X versus 11.4, its five-year average, so it is cheap. Have just restructured, so that is complete and it can derive cost savings. Its debt to EBITDA is pretty low at 2.1, well below its debt covenants. What is sad is the weak outlook for oil and gas, and for miners. The payout is very generous. This is worth a shot for somebody who doesn’t mind taking a little bit of a risk.


Price:
$24.250
Subject:
CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias:
CAUTIOUS
Owned:
Unknown
2014-10-23 COMMENT Greg Newman

Have about a 12% backlog, and it is up 12% year-over-year, which is encouraging. Cautious outlook, but he does model a 2014 payout ratio of 90%, so the 6% dividend is going to be pretty safe, at least for this year. 18% of their revenue is tied to oil and gas, so they are not too levered. This is a name that you can buy at $33-$35.


Price:
$35.780
Subject:
CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias:
CAUTIOUS
Owned:
Unknown
2014-09-19 COMMENT Greg Newman

Has a payout ratio that he thinks will be at 90% of 2014 and 70% for 2015. Debt levels are becoming more reasonable. Backlog was up 12% year over year as of last quarter. They are reducing their spending, trying to boost their margins and are trying to grow organically. He has been Buying at $34-$35.


Price:
$38.410
Subject:
CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias:
UNKNOWN
Owned:
Yes
2014-09-04 COMMENT Douglas Kee

He would feel there is more upside on this, depending on what the economy does. Has a decent yield and feels it is fairly sustainable. Their business is doing fairly well. Their backlog grew in the past 12 months.


Price:
$38.300
Subject:
CANADIAN DIVIDEND
Bias:
UNKNOWN
Owned:
No
2014-07-29 WATCH Ross Healy

This company had a good setback in the market. It had got up to about 4X Book, which is really, really expensive for them. They are now down to about 2X Book. It certainly has the potential to get back up to $45-$50. Watch to see if it breaks out technically.


Price:
$35.040
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Unknown
2014-07-28 BUY Michael Sprung

Feels the market has been improving for them a little bit lately, with the increasing activity in oil/gas and some of the mining sectors. A cyclical company. Right now it is probably a good company to own. Management would be pretty determined to retain their dividend. Yield of 6.8%.


Price:
$35.170
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Unknown
2014-05-22 COMMENT Jeff Young

Had another bad quarter recently which gives them a string of 7 or 8 bad quarters. Their end markets have been challenged. The mining side has been very challenging and he thinks they have been undercut by some lower-cost equipment. Also, their power side hasn’t really taken off. There could be more downside before they get it sorted out. Dividend yield of 7%.


Price:
$34.470
Subject:
CANADIAN DIVIDEND
Bias:
BULLISH
Owned:
No
2014-05-07 WEAK BUY Douglas Kee

Has been a good company over time and is a cyclical business.  Paying out 95-100% of their earnings as a dividend right now.  7%+.  Some believe they should cut the dividend and pay down debt.


Price:
$34.320
Subject:
CANADIAN DIVIDEND
Bias:
CAUTIOUS
Owned:
Unknown
2013-10-29 BUY Bill Carrigan

In a space that he likes. Chart shows a strong advance from early 2009 to early 2012 followed by an ABC corrective period. There is a bit of support at around $32 level. 6.5% dividend yield.


Price:
$36.670
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
Unknown
Showing 1 to 15 of 91 entries
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