Viewing Expert Greg Newman | StockChase
stockchase picture

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

Viewing Expert

Greg Newman , Dir. & Assoc. Portfolio Management

Scotia Wealth Management


Date Signal Chart Symbol Company Opinion Price
2016-06-17 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. If Britain votes to leave the euro zone (BREXIT), it will create economic uncertainty. Investors have an opportunity to invest for the next week and beyond. We have a combination of multiple expansion and financial engineering that has really propped markets up for the last several years. If you are in too much cash, it is really to your peril. There are so many good companies on the TSX, 3%-7% dividends with dividend growth and earnings per share growth, that are priced well below their peers.


Price:
$0.020
Subject:
CANADIAN DIVIDEND
Bias:
OPTIMISTIC
Owned:
_N/A
2016-06-17 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Gold. Thinks gold has proved itself to be okay and viable again. He would prefer to be in the big Cap names. Expect we are in a flat interest rate environment for some time, and that is a good environment for gold.


Price:
$0.020
Subject:
CANADIAN DIVIDEND
Bias:
OPTIMISTIC
Owned:
Unknown
2016-06-17 HOLD Must be logged in to use chart AFN-T Ag Growth International Inc

There has been a very sluggish farm equipment environment. Q1 earnings came in a little bit light. However, management expects a more typical buying pattern to begin in the 2nd half of this year. Has an 83% payout ratio so your 6% dividend is safe. They have a lot of operating efficiencies in place.


Price:
$39.500
Subject:
CANADIAN DIVIDEND
Bias:
OPTIMISTIC
Owned:
Unknown
2016-06-17 COMMENT Must be logged in to use chart AQN-T Algonquin Power & Utilities Corp

Empire District Electric company shareholders have approved a merger, and this is going to be accretive. He is modelling 22% earnings per share growth over the next couple of years. Sees them growing the dividend 10% annually for the next few years. Trading at a 19X PE versus its peers at around 18X. It is still compelling enough though. Buy this on a down day or write a Put to get it at a lower price and get paid a nice premium. Dividend yield of 4.6%.


Price:
$11.900
Subject:
CANADIAN DIVIDEND
Bias:
OPTIMISTIC
Owned:
Unknown
2016-06-17 BUY Must be logged in to use chart ARE-T Aecon Group Inc

(Market Call Minute.) Great story. There is more in the tank.


Price:
$17.170
Subject:
CANADIAN DIVIDEND
Bias:
OPTIMISTIC
Owned:
Unknown
2016-06-17 COMMENT Must be logged in to use chart CFP-T Canfor Corp

Lumber is something he doesn’t want to be playing in right now. He would prefer OSB through Norbord (OSB-T), which hasn’t really been impacted by Chinese dumping, and benefits from a low Cdn$.


Price:
$13.130
Subject:
CANADIAN DIVIDEND
Bias:
OPTIMISTIC
Owned:
Unknown
2016-06-17 BUY on WEAKNESS Must be logged in to use chart CGX-T Cineplex Inc

(Market Call Minute.) Great company and great growth rate. Diversifying in other media. A name you want to own, but it is trading above its five-year average.


Price:
$51.630
Subject:
CANADIAN DIVIDEND
Bias:
OPTIMISTIC
Owned:
Unknown
2016-06-17 BUY Must be logged in to use chart CHE.UN-T Chemtrade Logisitics Inc.

The chemical business isn’t a bank, so there is a little bit more risk and are more economically sensitive. He models a payout ratio of about 60% for 2017. Trading at about 6.1X 2016 estimated price to cash flow, versus 8.25 for a five-year average. Doesn’t really see any EBITDA growth for the next couple of years. You will just be getting paid the sustainable .8% dividend yield, which is okay.


Price:
$17.390
Subject:
CANADIAN DIVIDEND
Bias:
OPTIMISTIC
Owned:
Yes
2016-06-17 COMMENT Must be logged in to use chart CPG-T Crescent Point Energy Corp

This has a sustainable payout ratio and a valuation that is not bad. It also has slight production growth from 2015 to 2017. Yield of under 2%.


Price:
$19.880
Subject:
CANADIAN DIVIDEND
Bias:
OPTIMISTIC
Owned:
Unknown
2016-06-17 PAST TOP PICK Must be logged in to use chart CU-T Canadian Utilities

(A Top Pick June 18/15. Up 8.3%.) Thinks we are in a “lower for longer” interest rate environment, so he is not worried for too long about being in this space.


Price:
$36.150
Subject:
CANADIAN DIVIDEND
Bias:
OPTIMISTIC
Owned:
Yes
2016-06-17 PAST TOP PICK Must be logged in to use chart DH-T DH Corporation

(A Top Pick June 18/15. Down 19.7%.) Had thought you could get paid a really good dividend with a low payout ratio and be investing in US banks and FINTECH. That is a very important area for investors to get into. Thinks the downside has been way over exaggerated on this. A Short seller had scared everybody, but that was discredited. Thinks value will surface as growth returns to US lending. Still a Hold.


Price:
$32.010
Subject:
CANADIAN DIVIDEND
Bias:
OPTIMISTIC
Owned:
Yes
2016-06-17 COMMENT Must be logged in to use chart FCR-T First Capital Realty

A high-quality, urban focused REIT. Has a good growth rate of around 5% for the next couple of years. 81% payout ratio, so the dividend is safe. The balance sheet is pretty good, better than average. Debt to FMV is around 46%. Just raised some equity to fund a Montréal and Toronto acquisition, which looks accretive. Pretty expensive, trading at about 21X. He would consider selling some Call options a couple of times a year, obligating yourself to sell it at $22-$23 giving you some really good cash flow. 4% dividend yield.


Price:
$21.530
Subject:
CANADIAN DIVIDEND
Bias:
OPTIMISTIC
Owned:
Unknown
2016-06-17 COMMENT Must be logged in to use chart FTN-T Financial 15 Split Corp

Believes that they issue preferred shares, and then common shares alongside. Then they take the preferred share capital and double up on the dividend yield. If that is correct, then he personally believes it is probably okay, but he would rather go with just picking your own bank. If you want more of a yield you can use more leverage to do that, and thinks you are going to be better off longer-term.


Price:
$8.250
Subject:
CANADIAN DIVIDEND
Bias:
OPTIMISTIC
Owned:
Unknown
2016-06-17 BUY Must be logged in to use chart FTS-T Fortis Inc.

(Market Call Minute.) Has US exposure and has been doing everything right. There is more to go on this. He has a target price of $48 on this, which he thinks will happen over the next couple of years.


Price:
$41.600
Subject:
CANADIAN DIVIDEND
Bias:
OPTIMISTIC
Owned:
Unknown
2016-06-17 BUY Must be logged in to use chart INN.UN-T InnVest Reit

This didn’t do much for a couple of years, you just got paid your 8% dividend. Now the value has been recognized and being taken over at $7.25 a share. You take a risk if the deal doesn’t close. Dividend yield of 5.8%. 


Price:
$6.790
Subject:
CANADIAN DIVIDEND
Bias:
OPTIMISTIC
Owned:
Unknown
Showing 1 to 15 of 776 entries
<< < 1 2 3 4 5 > >>

No Comments.


You must be logged in to comment.