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

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Peter Imhof , Investment Strategist

Sprott Small Cap Equity


Date Signal Chart Symbol Company Opinion Price
2014-05-07 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. Prior to the last 5-6 years, everything was moving in the same direction i.e. either risk on or risk off, so if you were a stock picker, it was really hard to generate good returns as everything was moving in the same direction. Over the last 9 months or so, if you were a good stock picker, you were being rewarded. Companies that are coming up with good earnings are getting higher multiples and those that aren’t are getting decimated in the market. This is the kind of market that is going to be thriving. If looking at small/mid-cap areas, whether it is growth or value, you can find areas that you think going to have good returns over the next couple of years. Mergers and acquisitions are starting to trickle down from the big caps because it is cheaper to grow by acquisition rather than organically. There have been a few takeouts in the small cap area over the last couple of months which he feels will continue. He is a bottom-up fundamental analyst so is really looking for companies that are growing earnings, trading at low multiples, very low debt to equity on balance sheets and high ROEs. He uses quantitative screening as well as meeting with many management teams.


Price:
$0.020
Subject:
NORTH AMERICAN - SMALL
Bias:
BULLISH
Owned:
_N/A
2014-05-07 PAST TOP PICK Must be logged in to use chart ACQ-T AutoCanada Inc.

(A Top Pick April 3/13. Up 230.67%.) Has been a great story. Growing through acquisitions of dealerships. Good CEO. Have a head start on anybody else in Canada. Still likes it.


Price:
$69.120
Subject:
NORTH AMERICAN - SMALL
Bias:
BULLISH
Owned:
Yes
2014-05-07 COMMENT Must be logged in to use chart AVO-T Avigilon Corp

CFO left suddenly because of health reasons and the stock dropped 20% today. Coming out with earnings tonight. A lot of people are spooked when a CFO leaves the day before the earnings. Company has done a very good job in accelerating earnings growth. The multiple has always been high. Have a lot of cash on the balance sheet and he thinks growth is going to continue.


Price:
$21.820
Subject:
NORTH AMERICAN - SMALL
Bias:
BULLISH
Owned:
Yes
2014-05-07 COMMENT Must be logged in to use chart AYA-T Amaya Gaming Group Inc.

Has been quite volatile over the last few months. What they need is to have a quarter that meets expectations. Have a lot of things on their plate in terms of growing their online business. Also, made an acquisition of Cadillac Jack. Feels the market wants to see earnings and EBITDA start to come through. Have guided each quarter and haven’t hit their target. Instead of signing contracts, he was just wants to see it fall to the bottom line and that is when he would start to get interested again.


Price:
$7.920
Subject:
NORTH AMERICAN - SMALL
Bias:
BULLISH
Owned:
No
2014-05-07 COMMENT Must be logged in to use chart BNK-T Bankers Petroleum

Production continues to grow and net backs are increasing. One of those stories that was loved a number of years ago and then everybody hated it for a couple of years because they weren’t able to have the cash flows people were expecting. Now they have started to do so, incrementally every quarter. He is going to take a closer look at this, but charts are telling you that things are doing well operationally. Cash flow continues to increase. An interesting story at these prices.


Price:
$6.110
Subject:
NORTH AMERICAN - SMALL
Bias:
BULLISH
Owned:
No
2014-05-07 WATCH Must be logged in to use chart CCT-T Catamaran Corp

Sold his holdings when he thought the valuation was too high. Had a good quarter and the stock moved up, but looking at the other companies in this space, their multiples have also come down. He would rather see a couple of quite strong quarters before stepping in.


Price:
$44.870
Subject:
NORTH AMERICAN - SMALL
Bias:
BULLISH
Owned:
No
2014-05-07 COMMENT Must be logged in to use chart CNE-T Canacol Energy Ltd.

Has been a Top Pick in his last 3 appearances at $2, $4 and $5 and has done extremely well. Came out with some excellent exploration results that were 2900 BOEs with about 2300 net to them. Continuing to cash flow very well and their net backs are increasing. Just raised $125 million. Really likes the story and thinks you will hear a lot of good news. There are some big targets out there for over the next 6 months.


Price:
$7.680
Subject:
NORTH AMERICAN - SMALL
Bias:
BULLISH
Owned:
Yes
2014-05-07 COMMENT Must be logged in to use chart CS-T Capstone Mining Corp.

Copper. Has added more to his holdings. Good management. They continue to come through in terms of their cash flow. Profitability on each pound of copper is quite high relative to a lot of other players.


Price:
$2.870
Subject:
NORTH AMERICAN - SMALL
Bias:
BULLISH
Owned:
Yes
2014-05-07 COMMENT Must be logged in to use chart CWB-T Canadian Western Bank

Likes this bank in terms of earnings growth. Has traded sideways for the last 5 months or so. With exposure to Western Canada, expects you are going to see some good earnings growth over the next few years. Prefers this over the larger Canadian banks.


Price:
$37.220
Subject:
NORTH AMERICAN - SMALL
Bias:
BULLISH
Owned:
Yes
2014-05-07 DON'T BUY Must be logged in to use chart DCI-T DirectCash Payments Inc

Used to be a very fast growing company. Believes they made an acquisition in Australia. Also, thinks they were involved with a cash store and using some of their cards and making quite a bit of money from those. Believes that has shut down. Doesn’t think earnings are going to grow very much. Has a big yield, but in terms of long-term he feels management is in the penalty box.


Price:
$14.930
Subject:
NORTH AMERICAN - SMALL
Bias:
BULLISH
Owned:
No
2014-05-07 COMMENT Must be logged in to use chart E-T Enterprise Group

Prefers Petrowest (PRW-T). This one has been a lot more lumpy in terms of earnings and Petrowest has been a little more consistent. Cash to price flow is 7, which is more expensive than Petrowest.


Price:
$1.050
Subject:
NORTH AMERICAN - SMALL
Bias:
BULLISH
Owned:
No
2014-05-07 DON'T BUY Must be logged in to use chart FLY-X Flyht Aerospace Solutions

Stock has had a nice run and he thinks that is on the back of the Malaysian airplane that went missing. Looking at the fundamentals, he thinks it is an expensive story. Trades at around 6-7 times sales and really isn’t making a lot of money.


Price:
$0.540
Subject:
NORTH AMERICAN - SMALL
Bias:
BULLISH
Owned:
No
2014-05-07 COMMENT Must be logged in to use chart FRC-T Canyon Services Group

Doesn’t know the company very well, but management has done a great job in terms of growing its earnings. If you are going to own something in the sector, this would be one to own. One of the best management teams in the sector and have a history of growing earnings. Multiples have been fairly low. Expects prices to start increasing in the back half of the year.


Price:
$16.430
Subject:
NORTH AMERICAN - SMALL
Bias:
BULLISH
Owned:
No
2014-05-07 TOP PICK Must be logged in to use chart HCG-T Home Capital Group

Continues to grow earnings 15%-20% per annum. Trading at about 11.5-12 times trailing earnings and they continue to increase the dividend. Their loan to value on their homes is about 68%. Although housing prices have moved up quite a bit in Canada, they have a lot of leeway. There were a lot of US hedge funds that were shorting the stock last year because they didn’t understand it. Reporting tonight and he expects it to be a record quarter. Yield of 1.32%.


Price:
$48.770
Subject:
NORTH AMERICAN - SMALL
Bias:
BULLISH
Owned:
Yes
2014-05-07 DON'T BUY Must be logged in to use chart LOY-X Loyalist Group Limited

An “English as a 2nd language” roll up story. Stock has been creamed over the last couple of months. Was a very good growth story, but last quarter was quite disappointing. Margins were being compressed. They said there was some seasonality to it. Next quarter will probably be a little bit better, but this is in a “show me” state.


Price:
$0.510
Subject:
NORTH AMERICAN - SMALL
Bias:
BULLISH
Owned:
No
Showing 1 to 15 of 349 entries
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