stockchase picture

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

Expert Index

List by First Name

List by Last Name

Patrick Horan , Portfolio Manager

Agilith Capital Inc

Address
Victor Building
80 Richmond St W, Suite 203
Toronto, ON
M5H 2A4

Contact Info
Telephone: 416-915- 0284
Email:
Website: http://www.agilith.com

Bio:

Bottom-up investor


Date Signal Chart Symbol Company Opinion Price
2015-04-01 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Currencies. Currency volatility is really high right now. Believes this is a result of have and have-not oil countries. Before, if you had oil, you were a relatively rich country and probably building reserves. That has probably swung completely around. Currencies have to adjust to the valuation of asset mix of relative country mix dynamics. There is a certain degree of uncertainty out there as to whether we go into a deflationary environment or not. He doesn’t believe we are. As a result, currencies are difficult to project.


Price:
$0.020
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
_N/A
2015-04-01 COMMENT Must be logged in to use chart AVO-T Avigilon Corp

He likes this and is still adding to his holdings. Trading at around 18X earnings, so it is not cheap, but from the growth you get from it, it is really off the charts. He thinks it grows into a much bigger company. CEO is 2 or 3 steps ahead of the competition of where they are going next.


Price:
$21.120
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Yes
2015-04-01 HOLD Must be logged in to use chart BAC-N Bank of America

Prefers US banks over Canadian banks. This bank is probably one of the lower attractive names, but you will do fine with it.


Price:
$15.410
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Unknown
2015-04-01 COMMENT Must be logged in to use chart BB-T BlackBerry

This is always a big trading stock. Rumours are going to allow you to make 10% if you are on the right side. He is starting to warm up to this one a bit. His biggest problem with this is really the industry. There are companies out of China that are coming out with ultra low cost handsets. The handset side is probably going to go to almost zero margins for this company. The software side is very attractive. Security is a really nice niche in this business.


Price:
$11.230
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
No
2015-04-01 COMMENT Must be logged in to use chart CGX-T Cineplex Inc

He is Short this. Doesn’t like its valuation. Trading at forward earnings of about 25X earnings and it has not earned its dividend. They carve out their sort of CapX to get a free cash flow number, otherwise it wouldn’t be able to afford its dividend. There is an issue in the box office right now. The multicasting universe that we have right now, where we can sit on our couch and watch episodes, is really powerful.


Price:
$49.320
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Yes
2015-04-01 WAIT Must be logged in to use chart DHX.B-T DHX Media

He would like to see Disney (DIS-N) renew their license, so that they can continue to carry the Disney channel. There is some changing landscape in terms of digital channels, and they will be affected by that. He would not be aggressive until he saw a renewed contract with Disney.


Price:
$8.820
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Unknown
2015-04-01 COMMENT Must be logged in to use chart ENB-T Enbridge

Will be transferring many of their pipeline assets down to their income trust. There is a little bit of tax arbitrage happening here. He is Short this. It is expensive, trading at 20X earnings. Management has done a phenomenal job of growing over the past 25-30 years and everyone loves it. When everyone loves something, that is the time to get out. There is a lot of risk with this company.


Price:
$60.000
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Yes
2015-04-01 COMMENT Must be logged in to use chart ET-T Evertz Technologies Ltd.

A really good Canadian company and should really benefit from a fall in the Cdn$. They manufacture their boards in Ontario. A lot of their hardware costs are still in US$’s, so there is a bit of a pass through. This is really a play on the entertainment industry and an upgrade in technology to have better visuals, going from high definition to multicasting to probably 4K. This is probably going to be at the forefront of the movement. Have some really good products. Dividend yield of over 4%.


Price:
$16.950
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Yes
2015-04-01 COMMENT Must be logged in to use chart FTS-T Fortis Inc.

What would be the impact if they sell their 23 Canadian hotels off? This is probably a good time to sell their hotels. They are nonstrategic for the company. This is probably 7% of the outstanding assets. Feels this company is very expensive for the return you are getting. He is Short this company.


Price:
$38.370
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Yes
2015-04-01 HOLD Must be logged in to use chart GIB.A-T CGI Group (A)

Outlook is pretty good. There is a lack of true organic growth, you might see it as a 3%-4% grower. However, they are excellent at harvesting free cash flow. Thinks that after the last acquisition in Europe, they are ready to do another, which is why the stock is running hard.


Price:
$53.640
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Yes
2015-04-01 COMMENT Must be logged in to use chart IPL-T Inter Pipeline

He is Short this stock. Trading at 27 or 28 times earnings, so very expensive. You need to see growth rates of 10% for the next 5 years for that to come in at an “average” price stock. His bet is that a year from now this will be significantly lower.


Price:
$31.640
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Yes
2015-04-01 TOP PICK Must be logged in to use chart MAL-T Magellan Aerospa

This is a classic Canadian exporter. They were hurt really hard when the Cdn$ was at $1.07. Since that time their margins have lifted and expanded nicely. Revenues have grown. Aerospace backlogs go out another 5 years. Trading at 10X earnings. Yield of 1.64%.


Price:
$14.050
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Yes
2015-04-01 TOP PICK Must be logged in to use chart MRE-T Martinrea

Produces auto parts in Europe, US, South America and soon to be Asia, for many of the auto manufacturers. It has probably been one of the lowest performing of the auto parts companies. New management came in and cleaned things up, taking up from a small-based company to a medium-sized base company. We have a positive auto cycle in North America that will probably last another 4-5 years with sales growing in Europe and probably Asia. Dividend yield of 0.95%.


Price:
$12.600
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Yes
2015-04-01 COMMENT Must be logged in to use chart PPL-T Pembina Pipeline Corp

Very expensive. His bet is that a year from now this will be significantly lower.


Price:
$40.330
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Unknown
2015-04-01 SELL Must be logged in to use chart SAP-T Saputo Inc.

He is Short this and has been for some time. Looks very expensive at around 20X earnings. They suffer from volatility of the cheese commodity price moving around. If interest rates go up, their acquisition strategy is going to be very, very difficult to execute.


Price:
$35.010
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Yes
Showing 1 to 15 of 292 entries
First Previous 1 2 3 4 5 Next Last

No Comments.


You must be logged in to comment.