List by Company Name |
List by Symbol |
Notes:a holding company
| Date | Signal | Expert | Opinion | Price |
|---|---|---|---|---|
| 2013-06-17 | PAST TOP PICK | Colin Stewart |
(Top Pick Aug 10/12, Up 38.16%) It was a good insurance company. They got rid of some of their derivatives and was trading well below tangible book value. It had fallen out of favour with investors. He took profits. Tweet finance |
Price: $45.150 Subject: NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES) Bias: DEFENSIVE Owned: Yes |
| 2013-06-10 | COMMENT | Ross Healy |
A recovering US financial that went through the wringer and like all US financials, the more it goes on without any problems, the more it slowly oozes upwards. He thinks that as long as the market keeps on moving, this will keep on moving too. Banks and this company are quite cheap but the ROE never recovered the highs of where they were before. Tweet finance |
Price: $45.950 Subject: NORTH AMERICAN - LARGE Bias: DEFENSIVE Owned: Unknown |
| 2013-05-31 | COMMENT | Gavin Graham |
Over the last couple of years, the management that was put in has done a good job. Has a major exposure in emerging markets and has a lot of nice businesses. If you like the insurance industry, this is one you might want to enter. Tweet finance |
Price: $44.460 Subject: NORTH AMERICAN/GLOBAL Bias: UNKNOWN Owned: No |
| 2013-02-21 | TOP PICK | Fabrice Taylor |
Assets are mostly bonds, some stocks and cash. If you add it up and subtract the liabilities, you could sell everything today and give investors a very big return. Discount to book is roughly 45%. He is looking at a 35% return. Tweet finance |
Price: $37.280 Subject: NORTH AMERICAN Bias: OPTIMISTIC Owned: Yes |
| 2012-12-14 | COMMENT | Benj Gallander |
Relatively new one on his Watch list. Have had all kinds of problems. Expects there will be a certain gestation period for him to get to know it better. Tweet finance |
Price: $33.940 Subject: CONTRARIAN INVESTING Bias: UNKNOWN Owned: No |
| 2012-11-21 | BUY | Gordon Reid |
Recently bought. Government reduced ownership down to 15%. He thought that was a very good entry point. It has dropped because of Sandy. Trades at a very attractive multiple and a good opportunity for investors. Tweet finance |
Price: $32.670 Subject: US EQUITIES Bias: SELECTIVE Owned: Yes |
| 2012-10-24 | TOP PICK | Gordon Reid |
Sees this as a completely new company. Has become a very much plain-vanilla, property and casualty company. U.S. Treasury had a big stake in it and what interested him is that in September they paid down a big piece of that so it is now only a 15% holder. Expect that in 2013 the government will be completely out of it. Trading at about 10X earnings. Have a very large deferred tax asset, which he thinks is very important. Once the government is out of it he expects to see renewed dividends and stock buybacks. Tweet finance |
Price: $34.930 Subject: US EQUITIES Bias: BULLISH Owned: Yes |
| 2012-08-10 | TOP PICK | Colin Stewart |
Big insurance company with a lot of bad assets through the financial crisis. Government had to bail them out but today it is wildly different. They've cleaned up their balance sheets so their assets are in much better shape. Because they have been raising a lot of cash, their core insurance businesses have been very profitable and have been able to gradually buy back the government's stake. Trades at only half of BV. Tweet finance |
Price: $32.600 Subject: LONG-SHORT STRATEGIES on NORTH AMERICAN LARGE Bias: UNKNOWN Owned: Yes |
| 2011-12-19 | DON'T BUY | David Baskin |
No one really knows what assets this company owns and what liabilities it really has. You are best to keep away. Tweet finance |
Price: $22.360 Subject: MID - LARGE CAP Bias: OPTIMISTIC Owned: Unknown |
| 2010-12-30 | SPECULATIVE BUY | Jim Huang |
A lot of people thought it would go to zero. AIG had some really solid assets. It is still a long way back to what it used to be. They are making a lot of progress. This is for very high-risk clients only. Tweet finance |
Price: $57.530 Subject: NORTH AMERICAN Bias: OPTIMISTIC Owned: Unknown |
| 2010-03-10 | DON'T BUY | Gordon Reid |
Far too speculative. Tweet finance |
Price: $36.240 Subject: US EQUITIES Bias: BULLISH on HEALTH CARE Owned: No |
| 2010-01-26 | DON'T BUY | Charles Lannon |
Is a speculation. There are so many moving parts and so little transparency. Is not a foundation to build a next egg on. Tweet finance |
Price: $24.400 Subject: GLOBAL Bias: SELECTIVELY BULLISH Owned: Unknown |
| 2009-11-30 | SELL | John Zechner |
Can't see a real recovery coming in this one. Still need to raise more capital as well as paying back the money loaned to them by the government. There will be more dilution. A lot of internal problems. Tweet finance |
Price: $28.400 Subject: NORTH AMERICAN - LARGE Bias: BULLISH Owned: No |
| 2009-11-11 | DON'T BUY | Gordon Reid |
Trying to pull itself out of the ashes. There are a lot better places to go. Strictly a gamble. Tweet finance |
Price: $36.750 Subject: US EQUITIES Bias: OPTIMISTIC Owned: No |
| 2009-10-27 | DON'T BUY | David Baskin |
On government life support and nobody knows what the stock is worth. Doesn't expect anyone will know for at least 5 years. Immensely complicated situation. Pure speculation. Tweet finance |
Price: $34.010 Subject: NORTH AMERICAN - LARGE Bias: UNKNOWN Owned: No |