Viewing Expert James Telfser | StockChase
stockchase picture

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

Viewing Expert

James Telfser , Partner & Portfolio Manager

Aventine Management Corp

Contact Info

Email:
Website: http://www.aventine.ca

Bio:

Aventine is an independent, partner-owned investment firm that manages two equity-oriented investment funds and works with select high net worth families on tailored solutions. TheAventine Canadian Equity fund follows an Active Value approach, where we identify undervalued, underfollowed companies that are experiencing positive fundamental change and have strong market support. Our objective is to deliver consistently positive returns with relatively low volatility over long periods of time. Our families are among the firm’s largest clients, invested in the same strategies and fee structure ensuring that our interest will always be aligned. 


Date Signal Chart Symbol Company Opinion Price
2016-08-23 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Market. On his funds, he has a risk overlay. It indicates how much risk he should be taking, which he uses as a reason to increase cash, decrease cash, buy Put options, Short stocks, etc. For the last number of months, he has had very aggressive positive signals. Also credit spreads across Canada, the US and globally, have really come in, to the tune of 50% since the beginning of the year. This tells him that we are in an environment where you can take a little more risk in a portfolio. He is about 92% exposed to the market. Feels the probability of a rate hike is increasing, and wouldn’t be surprised to see one in December.


Price:
$0.020
Subject:
CANADIAN
Bias:
BULLISH
Owned:
_N/A
2016-08-23 SELL Must be logged in to use chart AD-T Alaris Royalty

He has looked at royalty corps all together to see if there was an investment opportunity. Has just never been comfortable with the business model. Although you are getting a nice dividend, you have to deal with the volatility.


Price:
$22.820
Subject:
CANADIAN
Bias:
BULLISH
Owned:
No
2016-08-23 COMMENT Must be logged in to use chart AGT-T AGT Food & Ingredients

(Market Call Minute.) An interesting name. He had always considered this to be a Sell, and has been Short it a few times in the last 6 months. Thinks it is a bit overhyped given its free cash flow generating ability.


Price:
$36.790
Subject:
CANADIAN
Bias:
BULLISH
Owned:
Unknown
2016-08-23 BUY Must be logged in to use chart ARE-T Aecon Group Inc

(Market Call Minute.) A great story. Infrastructure spending is improving. They’ve had some blowout quarters, and he thinks the best is still ahead of them if energy starts to rebound a little bit.


Price:
$18.870
Subject:
CANADIAN
Bias:
BULLISH
Owned:
Unknown
2016-08-23 HOLD Must be logged in to use chart BAD-T Badger Daylighting

(Market Call Minute.) They just put up a great quarter. It has been hit and miss in the last few quarters. He is looking at this pretty deeply right now.


Price:
$26.770
Subject:
CANADIAN
Bias:
BULLISH
Owned:
Unknown
2016-08-23 COMMENT Must be logged in to use chart CHW-T Chesswood Group

A great stock. Trading at under 10X earnings with a 7.5% dividend yield that is more than covered with earnings and cash flow. This has been really getting focused on their core business of leasing and working capital loans. They deal with small and medium-sized businesses. Very smart management. He expects to see multiple expansion to 11 or 12 times earnings, a 20% gain from here not including the dividend.


Price:
$10.720
Subject:
CANADIAN
Bias:
BULLISH
Owned:
Yes
2016-08-23 HOLD Must be logged in to use chart CJ-T Cardinal Energy Ltd

(Market Call Minute.) 4.5% dividend yield and is very stable. Hasn’t proven out their growth by acquisition strategy versus Crescent Point (CPG-T). He is watching this.


Price:
$9.300
Subject:
CANADIAN
Bias:
BULLISH
Owned:
Unknown
2016-08-23 PAST TOP PICK Must be logged in to use chart CLR-T Clearwater Seafoods Inc.

(A Top Pick July 29/15. Up 29.71%.) A great large moat business where they have quotas for shellfish all over the world. New quotas are not being produced, they are actually being taken away, which is causing them to have much higher barriers to entry and putting upward pressure on seafood pricing.


Price:
$14.390
Subject:
CANADIAN
Bias:
BULLISH
Owned:
Yes
2016-08-23 BUY Must be logged in to use chart CNQ-T Canadian Natural Rsrcs

(Market Call Minute.) If you believe that energy has legs, this is the highest quality name. (See Top Picks.)


Price:
$41.600
Subject:
CANADIAN
Bias:
BULLISH
Owned:
Unknown
2016-08-23 COMMENT Must be logged in to use chart CXR-T Concordia Healthcare

Had viewed this as being undervalued given what he had thought they could generate in earnings and free cash flow. In the last 6 weeks there has been a massive deterioration in the business, where there was a generic approved for Nilandron, one of their big products. Donnatal scripts keep going down. It also had Plaquenal where competition got approved by the FDA. On top of that, you have the CFO leaving. He exited his position. Be careful on this.


Price:
$11.550
Subject:
CANADIAN
Bias:
BULLISH
Owned:
No
2016-08-23 BUY Must be logged in to use chart DH-T DH Corporation

(Market Call Minute.) This has been beaten down too far. He still likes the assets and they have great management.


Price:
$28.380
Subject:
CANADIAN
Bias:
BULLISH
Owned:
Yes
2016-08-23 HOLD Must be logged in to use chart DIV-T Diversified Royalty Corp.

(Market Call Minute.) Very interesting business. Mr. Lube has got 4% same-store sales growth pretty consistently, but given the business structure, he is on the sidelines.


Price:
$2.380
Subject:
CANADIAN
Bias:
BULLISH
Owned:
No
2016-08-23 TOP PICK Must be logged in to use chart FSV-T Firstservice Corp

The more he gets to know the company, the more he gets to like their story. It is a high recurring revenue model. They do a lot of property management. They are able to bring services together from all over the US, and offer it at a higher margin. They then start to get into other businesses like Sentry Fire, California Closets, and they do some restoration businesses as well. They are taking some of these businesses private, which is quite accretive to the company. The company has a long runway. A very steady type business. Dividend yield of 0.9%.


Price:
$64.150
Subject:
CANADIAN
Bias:
BULLISH
Owned:
Yes
2016-08-23 BUY Must be logged in to use chart GSY-T goeasy

(Market Call Minute.) This is always a Buy. Believes it is one of the better opportunities in Canada. Just had a blowout quarter, and the stock still isn’t showing its true fundamentals.


Price:
$20.210
Subject:
CANADIAN
Bias:
BULLISH
Owned:
Yes
2016-08-23 PAST TOP PICK Must be logged in to use chart HBC-T Hudson Bay Co.

(A Top Pick July 29/15. Down 30.49%.) A disappointment for him. Has been out of this for a while. Had been optimistic about the push into Germany, but things in Europe fell apart very quickly. He loves their business model in buying an asset, taking the real estate, and spending it off in JVs. That makes a lot of sense. However, when you have retail sales declining globally, along with the US$ pressure, that started him questioning what the properties were worth.


Price:
$18.210
Subject:
CANADIAN
Bias:
BULLISH
Owned:
No
Showing 1 to 15 of 486 entries
<< < 1 2 3 4 5 > >>

No Comments.


You must be logged in to comment.