Viewing Expert Michael Simpson, CFA | StockChase
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Compiling comments that experts make about stocks while on public TV.

Viewing Expert

Michael Simpson, CFA , Senior Vice-President

Sentry Investments

Address
The Exchange Tower
130 King Street West, Suite 2850
Toronto, ON
M5X 1A4

Contact Info
Telephone: 416-861-8729
Toll Free: 1-888-246-6656
Fax: 416-364-1197
Email:
Website: http://www.sentryselect.com/


Date Signal Chart Symbol Company Opinion Price
2017-09-07 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  We are coming off two emergency cuts in interest rates.  The Canadian dollar keeps getting stronger and it acts as a headwind to the economy.  The CAD$ has appreciated about 11% from its lows.  There are oil companies selling out of the oil sands.  Some Canadian companies have the ability to grow their dividends, so not all dividend companies are created equal.  If you can grow higher than the rate of inflation then you have a good Dividend.  Canadian banks had a good run from their lows.  It may attract global investors.  Toronto and Vancouver housing markets are markets unto themselves.  No other country has ever engineered a soft landing.  Job creation is about small businesses.  Our unemployment rate is higher than the US. 


Price:
$0.020
Subject:
NORTH AMERICAN DIVIDENDS
Bias:
CAUTIOUS
Owned:
_N/A
2017-09-07 HOLD Must be logged in to use chart AFN-T Ag Growth International Inc

Headquartered in Winnipeg.  They are into grain storage.  They are in the US, Ukraine and Canada.  It will continue to grow.  He would hold on to it.  They will continue to grow around the world.


Price:
$57.000
Subject:
NORTH AMERICAN DIVIDENDS
Bias:
CAUTIOUS
Owned:
Unknown
2017-09-07 BUY on WEAKNESS Must be logged in to use chart ALA-T Altagas Ltd

They acquired Washington Gas and Electric.  The acquisition, when it closes in mid 2018, is weighing on the stock.  There are subscription receipts that are selling higher than the stock.  If it does not go through you get your money back.  You clip a dividend along the way.  There is a 20% chance the deal does not go through.  It is cheap compared to other companies.  He has been buying on dips.  There may be a concern that they have to raise more equity.  It is a well run company and have a history of bringing projects on time and under budget.


Price:
$27.650
Subject:
NORTH AMERICAN DIVIDENDS
Bias:
CAUTIOUS
Owned:
Yes
2017-09-07 DON'T BUY Must be logged in to use chart AP.UN-T Allied Properties REIT

Industrial, office and retail.  They expanded into the US.  There was a little selloff with the raise in rates.  The rest of the rate increases are baked into the stock price.


Price:
$38.400
Subject:
NORTH AMERICAN DIVIDENDS
Bias:
CAUTIOUS
Owned:
Yes
2017-09-07 PAST TOP PICK Must be logged in to use chart BAM.A-T Brookfield Asset Management (A)

(Top Pick Aug 17/16, Up 17.91%)  Very stable assets.  They have a good track record of raising cash to pay for acquisitions.  It is incredibly well managed.  They have a contrarian bent as they are going to places like Brazil where they can work it out and get better returns after fixing a high quality asset. 


Price:
$47.110
Subject:
NORTH AMERICAN DIVIDENDS
Bias:
CAUTIOUS
Owned:
Yes
2017-09-07 BUY Must be logged in to use chart CGX-T Cineplex Inc

It has come down dramatically, as it is the worst in 20 years for a movie slate.  He bought aggressively.  They have a 72% market share in Canada and are diversifying.  Hollywood has to stop serving dog food and bring back caviar.  2018 should be a better year for movies.


Price:
$38.030
Subject:
NORTH AMERICAN DIVIDENDS
Bias:
CAUTIOUS
Owned:
Yes
2017-09-07 PAST TOP PICK Must be logged in to use chart CI-N Cigna Corp.

(Top Pick Aug 17/16, Up 39.68%)  A US based health insurance company.  The news was that last year Anthem had made an offer for them, but he thought the takeover would not go through.  There is a large break fee for the deal not going through.  He thinks going forward they will buy back stock, invest and raise their dividend.  It is another well run story.


Price:
$184.980
Subject:
NORTH AMERICAN DIVIDENDS
Bias:
CAUTIOUS
Owned:
Yes
2017-09-07 DON'T BUY Must be logged in to use chart CJR.B-T Corus Entertainment (B)

They bought assets from Shaw earlier this year.  Going forward cost synergies have been taken out, but he wonders where the growth will come from.  Last quarter was good, but they need to pay down debt.  The 8.2% yield could be questioned if revenue slowed down.  We need to see organic revenue growth.


Price:
$13.760
Subject:
NORTH AMERICAN DIVIDENDS
Bias:
CAUTIOUS
Owned:
No
2017-09-07 TOP PICK Must be logged in to use chart CNK-N Cinemark Holdings

It could just as easily have been CGX-T.  CNK-N has assets in South America as well as the US.  It trades at a lower multiple than CGX-T.  We will get a better slate of movies for 2018.  They are going into the luxury theaters.  In Brazil you can raise your prices even when attendance is flat.  It has a 3.4% yield and he thinks that is decent.  They have the ability to grow and raise the dividend.  (Analysts’ target:  $44.00).


Price:
$32.290
Subject:
NORTH AMERICAN DIVIDENDS
Bias:
CAUTIOUS
Owned:
Yes
2017-09-07 DON'T BUY Must be logged in to use chart CWX-T Canwel Building Materials Ltd.

[Caller concerned about over 9.2% dividend]. They are a distributor of wood products in Vancouver.  They acquired a distributor in Hawaii.  The issue is with the debt levels and payout ratio.  There are onetime events like weather events in their favour.  But until the debt and payout ratio comes down he would not own it.


Price:
$6.090
Subject:
NORTH AMERICAN DIVIDENDS
Bias:
CAUTIOUS
Owned:
Unknown
2017-09-07 TOP PICK Must be logged in to use chart ENB-T Enbridge

A 4.8% yield.  Some energy infrastructure companies are way out of favour.  They can grow their dividend 10-12% over the next 4 to 5 years.  82% payout and it is not being reflected in the market.  It is a dividend champion.  A stale, low volatile stock.  (Analysts’ target: $62.00).


Price:
$49.230
Subject:
NORTH AMERICAN DIVIDENDS
Bias:
CAUTIOUS
Owned:
Yes
2017-09-07 BUY Must be logged in to use chart ET-T Evertz Technologies Ltd.

Hardware for the broadcasting industry.  A very good operation.  There is no debt and they have a history of paying special distributions as well as raising the dividend.  They have a yield of 3.5 to 4% and it is a very well managed company


Price:
$18.520
Subject:
NORTH AMERICAN DIVIDENDS
Bias:
CAUTIOUS
Owned:
Yes
2017-09-07 STRONG BUY Must be logged in to use chart FTS-T Fortis Inc.

Rising interest rates traditionally have a negative impact on them, but they have the longest streak on the TSX of raising their dividend.  It negates some of the small rise in interest rates.  They have some non-regulated assets.  He likes it and it is a core holding for him.


Price:
$45.490
Subject:
NORTH AMERICAN DIVIDENDS
Bias:
CAUTIOUS
Owned:
Yes
2017-09-07 DON'T BUY Must be logged in to use chart HWD-T Hardwoods Distribution

It has a 1.5% yield.  They distribute the end products that go into boats, RVs and kitchen cabinets.  It is tied to the housing cycle and the demand for RVs and other luxury items.  He would be more comfortable with pure play lumber stocks. 


Price:
$19.500
Subject:
NORTH AMERICAN DIVIDENDS
Bias:
CAUTIOUS
Owned:
Unknown
2017-09-07 WATCH Must be logged in to use chart IPL-T Inter Pipeline

Lots of conventional as well as oil sands pipelines.  They may invest in a plant in the West and that might require some raising of capital.  Their part of the logistics chain is vital to move products to market.


Price:
$22.870
Subject:
NORTH AMERICAN DIVIDENDS
Bias:
CAUTIOUS
Owned:
Unknown
Showing 1 to 15 of 1,046 entries
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