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Notes:
Money managers
| Date | Signal | Expert | Opinion | Price |
|---|---|---|---|---|
| 2013-02-22 | PAST TOP PICK | Jeff Young |
(A Top Pick May 15/12. Up 23.5%.) Tweet finance |
Price: $17.960 Subject: CANADIAN DIVIDEND Bias: BULLISH o n CDN DIVIDEND STOCKS Owned: Yes |
| 2012-11-29 | TOP PICK | Jeff Young |
Money management is kind of tough right now. Their clients are in the high net worth and ultrahigh net worth space so there is far less competition from the banks. Had a period where there was subpar performance but are turning things around. They do special dividends when they get performance fees. Yield is under 5% but any kind of performance fee could take it up to 7%-9%. Tweet finance |
Price: $13.910 Subject: CANADIAN DIVIDEND Bias: CAUTIOUSLY OPTIMISTIC Owned: Yes |
| 2012-10-10 | PAST TOP PICK | Jeff Young |
(A Top Pick May 15/12. Down 9.57%.) Performance is getting better, so he hopes they are on the road to repair. Tweet finance |
Price: $13.750 Subject: CANADIAN DIVIDEND Bias: CAUTIOUS Owned: Yes |
| 2012-09-06 | PAST TOP PICK | Jeff Young |
(Top Pick May 15/12, Down 14.06%) Still believes in them. Assets under management have been falling. Sector is out of favour. Assets under management stabilized and performance was improved last quarter. Will do well and he will collect the 5%. Tweet finance |
Price: $13.600 Subject: CANADIAN DIVIDEND Bias: SELECTIVE Owned: Yes |
| 2012-07-17 | PAST TOP PICK | Jeff Young |
(A Top Pick May 15/12. Down 11.63%.) Hedge fund for high worth clients. Cheap relative to its long-term average. Just announced their Assets under Management were up quarter over quarter. The real return will be when they start producing performance fees again. You get paid 5% to wait. Tweet finance |
Price: $13.790 Subject: CANADIAN DIVIDEND Bias: UNKNOWN Owned: Yes |
| 2012-05-15 | TOP PICK | Jeff Young |
Asset manager in high net worth space. Gone through a few years of performance not being great. $1 million net additions this past year. Priced low on growth fees but will do well on performance fees. They have hedge funds that could net out the market. 4.1% dividend yield, but you are betting on the brains to turn things around AND the equity markets. Tweet finance |
Price: $15.760 Subject: CANADIAN DIVIDEND Bias: DEFENSIVE Owned: Yes |
| 2011-09-08 | SELL | Jason Donville |
Very good company but they’ve had their issues. Bulk of their funds historically where in equities, which have high margins but because of their conservatism they are shifting into bonds with lower margins. Although the ROE is high, it is starting to compress. Growth in assets is starting to plateau. There is nothing in this sector that gets him excited. Tweet finance |
Price: $17.730 Subject: CANADIAN GROWTH & FINANCIAL Bias: SELECTIVE Owned: No |
| 2011-01-25 | COMMENT | Peter Hodson |
Has been negative on the market for quite some time. Had an OK year but expects people are thinking how are they going to get money in with a negative viewpoint. Will participate with money flowing in. Well run and paid a special dividend. He prefers a really fast growth stock. Tweet finance |
Price: $21.100 Subject: GROWTH STOCKS Bias: OPTIMISTIC Owned: No |
| 2009-10-16 | BUY | Jason Donville |
Came out with an interesting quarter recently that disclosed the change in their asset book, which unnerved a few people. Wouldn't worry about this too much. Long-term performance track record is good. Great long-term buy and hold. Tweet finance |
Price: $19.510 Subject: FINANCIALS Bias: BULLISH Owned: Unknown |
| 2008-06-04 | BUY on WEAKNESS | Peter Brieger |
Ira Gluskin is one of the great thinkers in this country. Would consider this one below $20. Tweet finance |
Price: $21.390 Subject: NORTH AMERICAN - LARGE & INCOME TRUSTS Bias: CAUTIOUS on ENERGY Owned: No |
| 2006-05-26 | SELL | Ravi Sood |
Share price is probably a little bit vulnerable here. Expect it will sell-off a little bit and languish. Will probably go lower. Probably a good buy in a couple of months. Tweet finance |
Price: $18.250 Subject: INCOME TRUSTS Bias: UNKNOWN Owned: No |