Viewing Expert Irwin Michael, B.Com, MBA | StockChase
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Compiling comments that experts make about stocks while on public TV.

Viewing Expert

Irwin Michael, B.Com, MBA , Portfolio Manager

ABC Funds

Address
c/o I.A. Michael Investment Counsel Ltd.
8 King Street East, Suite 700
Toronto, ON
M5C 1B5

Contact Info
Telephone: 416-365-9696
Toll Free: 1-888-OPEN-ABC
Fax: 416-365-9705
Email:
Website: http://www.abcfunds.com


Date Signal Chart Symbol Company Opinion Price
2010-05-21 BUY Must be logged in to use chart WJA-T Westjet Airlines Perhaps the youngest airline fleet in North America at 4.5 years. Operate one aircraft, 737 making it easier to maintain. Likes the new management. If they can make money now in the worst times, what is going to happen when things improve? Thinks they're set up for the next cycle.
Price:
$12.390
Subject:
VALUE - SMALL & MIDCAP
Bias:
OPTIMISTIC
Owned:
Yes
2010-08-13 TOP PICK Must be logged in to use chart WJA-T Westjet Airlines Fundamentally cheap. Sitting on cash and cash equivalents of $1.1 billion. 91 planes of 1 set of aircraft making it easier to run. Good management. Will benefit from a strong Cdn$. 29% of its costs are fuel, which is quite low now.
Price:
$12.050
Subject:
VALUE - SMALL & MIDCAP
Bias:
UNKNOWN
Owned:
Yes
2010-10-01 BUY Must be logged in to use chart WJA-T Westjet Airlines Hasn’t really moved. Young fleet of 91 planes with about 4.5 years average age, all 737's. Well managed. Southwest Air has bought Air Tran, which is positive for the industry as he expects much more consolidation. Fundamentally cheap.
Price:
$12.030
Subject:
VALUE - SMALL & MIDCAP
Bias:
SELECTIVE
Owned:
Yes
2011-02-18 PAST TOP PICK Must be logged in to use chart WJA-T Westjet Airlines (A Top Pick Aug 13/10. Up 26.67%.) Easy money has been made.
Price:
$15.070
Subject:
VALUE
Bias:
SELECTIVE
Owned:
Unknown
2011-07-08 PAST TOP PICK Must be logged in to use chart WJA-T Westjet Airlines (A Top Pick Aug 13/10. Up 25.28%.) Took some money off the table when it went through $15 but still has half his position.
Price:
$14.780
Subject:
VALUE
Bias:
SELECTIVE
Owned:
Yes
2012-06-22 BUY Must be logged in to use chart WJA-T Westjet Airlines Doing everything right. Decided to no longer hedge their oil/gas right at the peak. Probably going to have a pretty good quarter. Extremely well run. Have about $1.2 billion in cash. Good to $18 if not higher.
Price:
$15.570
Subject:
VALUE
Bias:
SELECTIVE
Owned:
Yes
2012-11-16 BUY Must be logged in to use chart WJA-T Westjet Airlines

Bought it as a value play.  Have taken the airline to higher levels and possibly the best run airline in North America.  Lots of cash on the balance sheet.  The one risk is that they are starting a new regional airline.  Not one analyst on Bay street doesn’t like it. 


Price:
$18.300
Subject:
VALUE
Bias:
OPTIMISTIC
Owned:
Yes
2010-05-21 BUY Must be logged in to use chart WED-X Westaim Corp Had no business and wound it down. Had tax laws carry-forwards, debt-free. Acquired JEVCO Insurance in March, which was Kingsway Financial (KFS-T) best asset. $.57 book value and will be earning money. Work in progress because they haven't had their 1st quarter as yet.
Price:
$0.630
Subject:
VALUE - SMALL & MIDCAP
Bias:
OPTIMISTIC
Owned:
Yes
2010-08-13 BUY Must be logged in to use chart WED-X Westaim Corp Acquired JEVCO, a high-risk automobiles/casualty insurance company. Trading at Book Value, good balance sheet, excellent management and a strong board. Pretty cheap here.
Price:
$0.550
Subject:
VALUE - SMALL & MIDCAP
Bias:
UNKNOWN
Owned:
Yes
2011-09-09 TOP PICK Must be logged in to use chart WED-X Westaim Corp Nonstandard automobile and motorcycle insurance. Debt-free and trading below book and breakup value. BV is $0.61. Have excess capital of $100 million. Have just put in place a $30 million buyback.
Price:
$0.500
Subject:
VALUE
Bias:
SELECTIVE
Owned:
Yes
2012-09-10 PAST TOP PICK Must be logged in to use chart WED-X Westaim Corp

(Top Pick Sept. 9/11, Up 54.00%)


Price:
$0.770
Subject:
VALUE
Bias:
SELECTIVE
Owned:
No
2012-01-13 COMMENT Must be logged in to use chart TBE-T (Not list Twin Butte Energy Just bought it recently at about $2.10. Merging with Emerge (EME-T). He has a lot of time for management. Will be paying a dividend of 1.5 cents a month so at current prices it will be yielding about 7%.
Price:
$2.460
Subject:
VALUE
Bias:
OPTIMISTIC
Owned:
Yes
2012-09-10 TOP PICK Must be logged in to use chart TBE-T (Not list Twin Butte Energy

Just made an accretive acquisition. Just increased the dividend and it is sustainable. Phenomenal steward of capital. Yield close to 7%. Becoming premier heavy oil producer.


Price:
$2.850
Subject:
VALUE
Bias:
SELECTIVE
Owned:
Yes
2013-09-20 PAST TOP PICK Must be logged in to use chart TBE-T (Not list Twin Butte Energy

(A Top Pick September 10/12. Down 21.93%.) Heavy oil. Pays a fairly hefty dividend and it looked like they would not be able to pay it, so the street turned negative. He bought more at $1.75. Doesn’t think the dividend is going to be cut.


Price:
$2.040
Subject:
VALUE
Bias:
BULLISH
Owned:
Yes
2013-12-03 TOP PICK Must be logged in to use chart TBE-T (Not list Twin Butte Energy

Management.  Dividend.  Recently was named a transformational acquirer.  Blackshire is enabling them to keep paying their dividend.


Price:
$2.190
Subject:
VALUE
Bias:
SELECTIVE
Owned:
Yes
Showing 1 to 15 of 245 entries
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