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
2013-12-03 BUY Must be logged in to use chart SSW-N Seaspan Corp.

5.25% dividend yield.  Well run.  They want to take on a few more ships.  It is not well followed.  Management nixed the deal and raised the money in another way.  He likes the company.  Believes the global economies are improving and that this company should benefit.


Price:
$21.210
Subject:
VALUE
Bias:
SELECTIVE
Owned:
Yes
2013-12-03 BUY Must be logged in to use chart SVY-T (Dead) Savanna Energy Services

Services companies are amongst the cheapest.  4.5% dividend.  Just moved into Australia.  Going to 14 rigs by end of next year.  Hard book value is about $10.


Price:
$7.850
Subject:
VALUE
Bias:
SELECTIVE
Owned:
Unknown
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
2013-12-03 TOP PICK Must be logged in to use chart TV-T Trevali Mining Corp

He just bought yesterday and owns 14.2%.  He backed up the truck because it was a devalued play.  Canadian company with mine in Peru.  Came out with info today saying all is going well.  Pure play on zinc.  Zinc will probably be in a deficit position in a year or so.  Excellent management. They have a good balance sheet.  No controlling shareholder and it may be in play.


Price:
$0.820
Subject:
VALUE
Bias:
SELECTIVE
Owned:
Yes
2013-09-20 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. He is bullish; however, thinks the market has had a nice run. Expects it will be higher than where it is now. It’s like 2 steps forward and 1 step back. Canada is relatively cheap and once we get the resource stocks moving, oil, gas and materials, our market will do quite well until the end of the year. Oil and gas are the 2 cheapest sectors. They are just not responding, certainly to the higher oil price. You have to be patient. He sees a lot of mergers, acquisitions and share buybacks.


Price:
$0.020
Subject:
VALUE
Bias:
BULLISH
Owned:
_N/A
2013-09-20 TOP PICK Must be logged in to use chart AVE-X Aveda Trans. & Energy Services

Oil/gas servicing. Involved in the transportation side in both Canada and the US in the oil and gas industry. Feels they could become an acquisitor, consolidator by taking out a lot of mom-and-pop operations.


Price:
$3.250
Subject:
VALUE
Bias:
BULLISH
Owned:
Yes
2013-09-20 BUY Must be logged in to use chart CS-T Capstone Mining Corp.

Acquired the Pinto Valley mine in Arizona and the stock went all the way down below $2. Thinks copper should hold in at $3-$3.30. This is almost a pure North American copper play. Thinks this company goes higher.


Price:
$2.500
Subject:
VALUE
Bias:
BULLISH
Owned:
Yes
2013-09-20 TOP PICK Must be logged in to use chart EFH-T EGI Financial Holdings Inc.

Involved in nonstandard automobile/motorcycle insurance as well as home insurance. BV of around $14.37 but Tangible Book is $13.50. No debt. Overly capitalized by over $35 million. Stable management. Basically Canadian, but their big driver is Europe. 25%-30% growth. Will probably earn about $1.30 next year. Have an option of putting in a dividend, free cash flowing or buying back stock. It could be a $20 stock. You have to be patient.


Price:
$13.140
Subject:
VALUE
Bias:
BULLISH
Owned:
Yes
2013-09-20 PAST TOP PICK Must be logged in to use chart EQB-T Equitable Group

(A Top Pick September 10/12. Up 48.27%.) Well run company. Similar to Home Capital (HCG-T), nonstandard mortgages. Trimmed his position because it became well over 10% of his portfolio. Expect it will go higher. Cheap.


Price:
$45.190
Subject:
VALUE
Bias:
BULLISH
Owned:
Yes
2013-09-20 COMMENT Must be logged in to use chart ESN-T Essential Energy Services Ltd.

Energy services sector is the cheapest in the TSX. Beauty of this one, along with the others, is that most of them are paying dividends. This one pays 4.5% plus. This company is the largest in the coiled tubing in Western Canada. Have also done a great job in acquisitions and integrating. The company is a sitting duck to be taken over in the next 12-18 months. Regardless of where oil is, services still have to be maintained so companies like this will all do well in this environment.


Price:
$2.880
Subject:
VALUE
Bias:
BULLISH
Owned:
Unknown
2013-09-20 TOP PICK Must be logged in to use chart FLY-N Fly Leasing Ltd

Leases aircraft to a lot of the major mobile carriers. Have over 100 planes. Dividend of 6.46%. Recently wanted to improve their balance sheet and use money for consolidation. BV of around $20. Did a share offer at about $14, which was a little upsetting. Stock went down below $13 but is now working its way back up. Good management.


Price:
$13.730
Subject:
VALUE
Bias:
BULLISH
Owned:
Yes
2013-09-20 BUY Must be logged in to use chart GLW-N Corning Inc

Had bought this as a deep value US company. Primarily known for its Gorilla glass, which is used virtually in everything. Very well run company. Terrific balance sheet. Pays a good dividend. His target is $18-$20. Could be a takeover target because of all of its patents.


Price:
$14.670
Subject:
VALUE
Bias:
BULLISH
Owned:
Yes
2013-09-20 BUY Must be logged in to use chart IAE-T (Dead) Ithaca Energy Inc.

North sea oil producer. Feels it has an NAV of $3-$3.50. They were under a lot of pressure. When they took over Valliant energy and paid it off in stock, a lot of the Valliant shareholders liquidated their stock. In the Greater Stella, the 1st well came in at over 10,000 barrels a day and they have 3 or 4 others, which got people all excited. The Valliant acquisition took them up to a higher level and it should be and could be a takeover candidate, but it is no longer a small cap, it is now a mid-cap, which should gather a lot of people’s attention. Cheap.


Price:
$2.470
Subject:
VALUE
Bias:
BULLISH
Owned:
Yes
2013-09-20 BUY Must be logged in to use chart INA.H-X (Unlist Iona Energy Inc.

Explorer/producer in the North sea. Likes what they are doing. It is very key that they did this $275 million financing. They paid up 9.5% at a bit of a discount price. This frees up all of this money for them to pay off their very restrictive bank lines. NAV is anywhere up to around $1.50, indicating it has garnered a lot of respect. Thinks it will go higher.


Price:
$0.650
Subject:
VALUE
Bias:
BULLISH
Owned:
Yes
2013-09-20 BUY Must be logged in to use chart LEG-T (Dead) Legacy Oil and Gas Inc.

Good management. A premier light oil company operating in Alberta. He bought this company for growth and he thinks they are well-positioned. Have a huge tract of opportunities. A pure light gas player. Have been hedging at about $100 a barrel and he thinks they have a terrific future. Very cheap. NAV is at least $10 and it should morph into higher levels.


Price:
$6.500
Subject:
VALUE
Bias:
BULLISH
Owned:
Yes
Showing 16 to 30 of 245 entries
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