Viewing Expert Irwin Michael, B.Com, MBA | StockChase
stockchase picture

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
2011-02-18 COMMENT Must be logged in to use chart FTP-T Fortress Paper Very capable, innovative owner. Started as printing in Switzerland and wallpaper in Germany and went into pulp and paper when they acquired a mill from Fraser Paper. Transforming it from NBHK pulp to dissolving pulp, which is used to make rayon, a substitute for cotton. Market expects they will acquire more pulp mills.
Price:
$62.890
Subject:
VALUE
Bias:
SELECTIVE
Owned:
Yes
2013-12-03 BUY Must be logged in to use chart EQB-T Equitable Group

Very well run.  He has taken some profits.  Done an excellent job of turning around the company.  Trading above tangible book (1.4 times).  Could be a merger or takeover target.  Have increased their dividend and returned earnings to shareholders.  1.5% dividend. 


Price:
$47.000
Subject:
VALUE
Bias:
SELECTIVE
Owned:
Yes
2011-09-09 PAST TOP PICK Must be logged in to use chart CCA-T Cogeco Cable (A Top Pick Oct 1/10. Up 27.23%.)
Price:
$45.650
Subject:
VALUE
Bias:
SELECTIVE
Owned:
Unknown
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
2011-04-27 PAST TOP PICK Must be logged in to use chart CCA-T Cogeco Cable (A Top Pick Oct 1/10. Up 24.67%) Sold his holdings in January.
Price:
$45.060
Subject:
VALUE
Bias:
BULLISH on OIL & GAS
Owned:
No
2011-04-27 BUY Must be logged in to use chart FTP-T Fortress Paper Peaked at around $62 in the spring. Moving into dissolving pulp (for making rayon) and did an excellent acquisition and now looking at another one. Their costs are around $600 a ton dissolving pulp is running anywhere from $2500 to $3000. Lawsuit against them out of China. Down the road could be split into 2 or 3 companies with the pulp side on its own, which would add value.
Price:
$44.100
Subject:
VALUE
Bias:
BULLISH on OIL & GAS
Owned:
Yes
2010-10-01 COMMENT Must be logged in to use chart FTP-T Fortress Paper Printing facility in Switzerland, which produces euro dollar, Swiss franc and passports. 2nd facility in Germany producing wallpaper. Purchased bankrupt pulp/paper mill and shifting production from MBHP pulp to dissolving pulp for manufacturing rayon, a cotton substitute. No longer a deep value play. Sold at quarter of his holdings. Still likes.
Price:
$39.200
Subject:
VALUE - SMALL & MIDCAP
Bias:
SELECTIVE
Owned:
Yes
2011-07-08 BUY Must be logged in to use chart FTP-T Fortress Paper Involved in 3 different segments. 1) Printing passports and currency out of Switzerland. 2) Wallpaper facility in Dresden Germany. 3) Pulp mill in Quebec and in the process of producing dissolving pulp giving an alternative to cotton. 50%-60% of potential production of pulp has been sold forward to Chinese. Should go considerably higher.
Price:
$38.180
Subject:
VALUE
Bias:
SELECTIVE
Owned:
Yes
2010-10-01 TOP PICK Must be logged in to use chart CCA-T Cogeco Cable 2nd largest cable operator in Ontario/Quebec corridor with some have facilities in Portugal. Comparing EV/EBITDA multiples to Rogers (RCI.B-T) they are almost 2 points lower and 10 to 15 points lower in penetration giving it a lot more potential. 1.5% dividend.
Price:
$36.510
Subject:
VALUE - SMALL & MIDCAP
Bias:
SELECTIVE
Owned:
Yes
2013-12-03 BUY Must be logged in to use chart MIC-T Genworth MI Canada Inc.

There is a new player in the space right now, but he believes the Canadian dollar will improve as well as the economy.  You will see greater employment down the road and this company will benefit.  They have done an excellent job, dividend increase, share buyback.  People expected the Canadian market to collapse.  4.1% dividend.


Price:
$34.120
Subject:
VALUE
Bias:
SELECTIVE
Owned:
Unknown
2012-09-10 TOP PICK Must be logged in to use chart EQB-T Equitable Group

Non-bank financials are one of his two top sectors. Stock has done well but can do better. Just had an excellent quarter. Excellent management. Could be a merger / takeover candidate. 1.8% dividend and just increased.


Price:
$30.960
Subject:
VALUE
Bias:
SELECTIVE
Owned:
Yes
2011-07-08 TOP PICK Must be logged in to use chart EQB-T Equitable Group (A Top Pick Aug 13/10. Up 40.81%.) Trust company in 1st mortgages. Book Value of about $26 and will earn $4-$4.10 this year and could be $4.75 in 2012. Very well run.
Price:
$30.500
Subject:
VALUE
Bias:
SELECTIVE
Owned:
Yes
2011-02-18 PAST TOP PICK Must be logged in to use chart EQB-T Equitable Group (A Top Pick Aug 13/10. Up 38.06%.) Easy money has been made.
Price:
$29.890
Subject:
VALUE
Bias:
SELECTIVE
Owned:
Unknown
2012-03-22 BUY Must be logged in to use chart FTP-T Fortress Paper Likes the company. They are in the penalty box until they get a mill in Quebec going. Company looks to be cheap on a growth play. You need patience until second quarter this year and see all their pulp revenues come through. Thinks they have hidden assets.
Price:
$29.340
Subject:
VALUE
Bias:
BULLISH
Owned:
Unknown
2011-09-09 COMMENT Must be logged in to use chart FTP-T Fortress Paper Specialty paper. A lot of good things are happening. Company is looking to do another pulp deal. Switzerland printing is a little soft right now. Doing extra ordinary well on their wallpaper in Germany. Should be in production shortly on their dissolving pulp business. Good management.
Price:
$28.880
Subject:
VALUE
Bias:
SELECTIVE
Owned:
Unknown
Showing 1 to 15 of 245 entries
<< < 1 2 3 4 5 > >>

No Comments.


You must be logged in to comment.