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Freehold Royalties Stock Symbol: FRU-T

Last Price Recorded: 25.8200 on 2014-08-22 01:14:07

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Date Signal Expert Opinion Price
2014-08-07 TOP PICK Jerome Hass

Long FRU-T and Short PSK-T.  Thinks PSK is overvalued.  Likes both businesses.  They are efficient, just collecting a royalty.  When FRU gets closer to PSK in terms of PE, cover the short.


Price:
$25.270
Subject:
CANADIAN MID-LARGE & SHORT-LONG STRATEGIES
Bias:
CAUTIOUS
Owned:
Yes
2014-07-04 TOP PICK Lyle Stein

6.3% is a lovely “yield while you wait” scenario. Also gives commodity exposure, giving some optionality. It has the hallmarks of a great, long term investment. Returns lots of money to shareholders. Very, very strong balance sheet. A marvellous combination of a good, solid investment style that he wants to pursue.


Price:
$26.850
Subject:
CANADIAN
Bias:
BULLISH
Owned:
Yes
2014-05-26 COMMENT Hap (Robert) Sneddon FCSI

Chart is showing a little of a head and shoulders top, but the pattern doesn’t always mean it is going to come to pass. The potential breakdown is at around the $32-$33 range. The present price, to him, would make it a really good risk/reward from the standpoint that that you could Buy it here, sort of break down below $32, and give yourself a few percentage points. Take 3% minus $32 and that would give you a pretty good place to define Stops. He would take a punt and if it breaks $32 you know there are some bigger issues. The recall stuff has already been factored in.


Price:
$25.060
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
OPTIMISTIC
Owned:
Unknown
2014-04-24 COMMENT Mason Granger

There are very few royalty based oil companies in Canada.  Their 12-14 times multiple is where Prairie Sky will likely price out.  Thinks a successful IPO of Prairie Sky would be a significant tailwind for FRU.


Price:
$24.850
Subject:
OIL & GAS
Bias:
BULL on OIL
Owned:
Unknown
2014-01-08 TOP PICK Martin Davies

Really likes the royalty business. It is immune to cost increases and tends to be much, much less risk. Valuation on this is relatively high, but you get paid 7.5%, while waiting for the IPO when Encana (ECA-T) goes ahead and spins out the Clearwater royalty.


Price:
$21.650
Subject:
CANADIAN OIL & GAS
Bias:
BULLISH
Owned:
Yes
2013-12-02 BUY Laura Lau

7.6% yield because it is a true royalty trust.  Not a lot of capital to put in to their projects. 


Price:
$22.340
Subject:
DIVIDEND STOCKS
Bias:
BULL on GLOBAL GROWTH
Owned:
Unknown
2013-11-21 HOLD Douglas Kee

Good yield but doesn’t expect much upside in dividends. If oil prices went up a lot, which is not expected, they could increase the yield more. A steady company and in a good position. 7.27% yield.


Price:
$23.100
Subject:
CANADIAN DIVIDEND
Bias:
UNKNOWN
Owned:
Yes
2013-09-18 HOLD Jerome Hass

Own the royalty rights to the oil and gas.  They put up no capital if someone wants to drill. 


Price:
$23.330
Subject:
CANADIAN MIDCAP
Bias:
UNKNOWN
Owned:
Yes
2013-09-16 BUY on WEAKNESS Brian Huen

A solid name.  He likes the royalty businesses.  They own many, many different royalties.  If one property has a problem, it won’t impact their bottom line.  It is an opportunity to jump in.


Price:
$23.300
Subject:
MATERIALS, CONSUMERS & RISK-ARBITRAGE
Bias:
BULLISH
Owned:
Unknown
2013-05-28 HOLD Michael Giordano

700-800 barrels per day production. Have royalties on oil/gas properties, mostly in Alberta.


Price:
$23.240
Subject:
RESOURCE
Bias:
OPTIMISTIC
Owned:
Yes
2013-02-27 DON'T BUY Mason Granger

One of the impediments to him buying this stock was the higher taxes the company is going to have to pay. Feels 35%-37% of cash flows could be taxable this year and therefore payout ratios go higher on the stock. Not a cheap stock, trading at about 13-14 times EBITDA to net adjusted cash flow. Also, doesn’t like the unhedged nature of their oil production. 7.7% yield.


Price:
$21.630
Subject:
OIL & GAS
Bias:
BULLISH on OIL
Owned:
No
2013-02-27 COMMENT David Cockfield

Bought this for yield and it held in very, very well. Concerned that it seemed to be defying gravity while the rest of that group was getting hit. Trimmed back on some of his holdings. Thinks the dividend is reasonably secure. They need companies to be drilling on their land.


Price:
$21.630
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Yes
2013-01-31 HOLD Andy Nasr

Gets a royalty off oil production on properties they hold. Stock is reflecting the resilience of the business model. His concern is a lack of much more upside for WTI prices. In fact, there is probably a little bit of downside. Key concern would be a big increase in US tight oil production, potentially pressuring North American oil prices. Given where oil prices are in North America, dividend is absolutely safe.


Price:
$23.100
Subject:
CANADIAN DIVIDEND & REITS
Bias:
OPTIMISTIC
Owned:
Unknown
2012-12-14 BUY Fabrice Taylor

Oil/gas. Has a kind of a favourable cost structure on royalties. Pays a nice dividend. Probably okay.


Price:
$21.820
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
No
2012-12-10 COMMENT Sandy McIntyre

Most of these types of stocks in the context of today’s natural gas prices and western Canadian oil prices, are distributing more than they should. In his view, the dividend is too high and will likely be right sized to reflect the current reality of a $20 spread under WTI and a discounted AACO (?) relative to NYMX on natural gas.


Price:
$21.720
Subject:
INCOME INVESTING
Bias:
UNKNOWN
Owned:
Unknown
Showing 1 to 15 of 84 entries
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