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

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Brian Acker, CA , Chief Executive Officer, President and Chief Inves

Acker Finley Inc.

Address
181 University Ave
Suite 1316
Toronto, ON
M5H 3M7

Contact Info
Telephone: 1 (416) 777-9005
Toll Free: 1 (888) 514-9136
Fax: 1 (416) 777-2096
Email:
Website: http://www.ackerfinley.com

Bio:

For Blogs, check out http://modelprice.wordpress.com/

For Facebook App, check out http://apps.facebook.com/modelprice

For Twitter go to @modelpriceguy

Investment Style:
Region: North American
Large Cap, value
using quantitative analysis


Date Signal Chart Symbol Company Opinion Price
2014-12-03 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Brian's Model Prices. For Brian’s model prices go to Google and type in “model price guy” and you’ll get his blog. His Facebook has 2000 companies listed where he gives his model price calculation (Fair Market Value) along with parallel lines which are called EBV (Economic Book Value) lines. These come straight from the balance sheet. Whenever there is a positive transit of these lines, it means the fundamentals are improving. A negative transit means fundamentals are getting negative. Usually the market responds before the fundamentals are known to the analysts or to the Street.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US$
Owned:
_N/A
2014-12-03 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. The drop in oil prices has made him more bullish on the US. There has been about a 38% decline in crude oil, and that is very welcome news. That will add about $1.3 trillion into the world economy. It reduces the drag on the lacklustre growth. With the fall in oil and all commodities, this is just one iteration of a strong US$. The Dollar Index is up about 10% against all currencies. However, we are only in the 1st inning of this, and we are already seeing people shocked about the implications of a strong US$. This will go on for another 5 to 7 years. He has been steering clear of only the “high valued” stuff in energy. It boggles his mind that some of the names that are basically down 50% are trading at 5-7 times Book. For a commodity or a cyclical stock, that is outrageous in terms of valuation, he is very happy with the correction. It is not over yet and thinks there is a bear market coming in a lot of the names. If you stick to high cap, good valuation companies, you will ride out the storm. He is a valuation expert and looks for value in the market, and there is value in energy in some of the big names. He really didn’t get hit.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US$
Owned:
_N/A
2014-12-03 BUY Must be logged in to use chart BAC-N Bank of America

This is “coming out of the blue”. Has $2 trillion in assets. There is a lot of potential here. Once these banks are deemed to have enough capital, they are going to start to raise their dividend. This is where your portfolio should be. A lot cheaper than Canadian banks, with a lot more upside, plus you have the US$ exposure. You should be okay for the next 3-5 years.


Price:
$17.290
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US$
Owned:
Unknown
2014-12-03 PAST TOP PICK Must be logged in to use chart BB-T BlackBerry

(A Top Pick Jan 14/14. Up 33.24%.) This company was down and out, but what he saw and still sees is that you are literally buying a software company, not a device company. He was buying it at Book or a little under Book, which is impossible to do anywhere in this market. Will hold this for 3-5 years and see what happens. There is a lot more gain to be had.


Price:
$12.410
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US$
Owned:
Yes
2014-12-03 DON'T BUY Must be logged in to use chart BTE-T Baytex Energy Corp

Paid out far too much more than what they were earning. (He emphasizes earning as opposed to cash flow.) This company was paying out $2.88, and were only earning $2.50. Everyone assumed energy prices would go up and they would do acquisitions, issue equity, and keep the dividend alive. With oil falling 38%, that puts a whole question into the model. If earnings are going to fall significantly, the distribution may be cut and these companies are at risk. This one is at a level of EBV +3, which is still very, very high compared to a Suncor (SU-T) trading at EBV +1.


Price:
$22.190
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US$
Owned:
No
2014-12-03 TOP PICK Must be logged in to use chart C-N CitiGroup

(A Top Pick Jan 14/14. Up 1.26%.) Coming out of his EBV -3 line in his strategy of “coming out of the blue”. Has $1.9 trillion of assets while Bank of America (BAC-N) has $2 trillion of assets. For the banks that were the most hit in the 2008 crisis, their balance sheets are starting to get to be okay. When they start to perform and use that capital, that tells you that the US is really coming along and getting out of the financial crisis. Yield of 0.07%.


Price:
$55.210
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US$
Owned:
Yes
2014-12-03 WATCH Must be logged in to use chart CBI-N Chicago Bridge & Iron Co.

Model price is $63.78, a 36% upside. However, in the past, the accounting has been questioned. If it were to trade above $59, you are okay, but if it were to trade below $43, it is going to go an awful lot lower. Also, the accounting cloud is still hanging over the company.


Price:
$47.400
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US$
Owned:
Unknown
2014-12-03 COMMENT Must be logged in to use chart CF-N CF Industries Holdings Inc.

Right at his model price of $269.92. Pays a 2.4% yield. Doesn’t think you get hurt in this, but he looks for value and there isn’t particularly much in this.


Price:
$269.990
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US$
Owned:
No
2014-12-03 DON'T BUY Must be logged in to use chart CNR-T Canadian National R.R.

Both Canadian National (CNR-T) and Canadian Pacific (CP-T) are very expensive. The stocks, in terms of valuation, have not been higher. Thinks they do come back. Trading at EBV +5 in terms of valuation. You are in the bottom of the 9th inning with these 2 companies. Too overpriced.


Price:
$79.430
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US$
Owned:
No
2014-12-03 PAST TOP PICK Must be logged in to use chart CVX-N Chevron Texaco

 (A Top Pick Jan 14/14. Down 1.35%.) This is an integrated and you want to look at the integrateds on both sides of the US and Canada border. There has been devastation in the oil patch, but this one is still flat and he loves that. He is also up about 10%-13% on the currency as well. This has an upside of 9% to his Model Price. (See Top Picks.)


Price:
$113.710
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US$
Owned:
Yes
2014-12-03 HOLD Must be logged in to use chart DOL-T Dollarama Inc.

One of the huge winners since it went public. This is way too much value for him. It just had a stock split and is trading at EBV +7, which is really, really high for him. There is better value elsewhere.


Price:
$52.920
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US$
Owned:
No
2014-12-03 COMMENT Must be logged in to use chart FFH-T Fairfax Financial

This is positioned as a contra equity stock. If you believe that we are going to go into a Bear Market or we are going to have deflation, this is the one to own, because they have a huge exposure on derivatives in terms of the CPI index and other bond indices. If we have out and out inflation, this will do very well.


Price:
$604.250
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US$
Owned:
Unknown
2014-12-03 COMMENT Must be logged in to use chart GM-N General Motors Corporation

There are 17 million units in the US in terms of vehicle sales. A large portion of their sales would be coming in China, but he understands that is slowing down. He thinks all large cap stocks will do well. However, there is better value elsewhere.


Price:
$33.640
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US$
Owned:
No
2014-12-03 DON'T BUY Must be logged in to use chart LEG-T Legacy Oil and Gas Inc.

In his system, the last EBV line was -3. Any stock that goes below that, he calls it “going into the blue”. In the 2nd quarter of this year it came out of the blue and traded up to $15. He got out around $9 when it had an EBV -2. When it goes below -3, that tells you write offs are coming. There are going to be a lot of write offs with this and other companies. He would be a buyer when it is “coming out of the blue”.


Price:
$2.560
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US$
Owned:
No
2014-12-03 BUY Must be logged in to use chart MFC-T Manulife Financial

2.5 years ago this traded above his EBV -3. In his blog, he said that both this company and Sun Life (SLF-T) should be bought. His model price is $25.23, an 11% upside. He thinks it goes to $27.40 quite easily. However, if you are looking for real value, he likes Hartford Life (HIG-N), which just came out of the blue.


Price:
$22.930
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US$
Owned:
Yes
Showing 1 to 15 of 3,300 entries
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