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

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Michael Smedley , Exec VP & Chief Investment Officer

Morgan Meighan & Associates


Date Signal Chart Symbol Company Opinion Price
2016-01-19 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. The Bear market started in Canada with the collapse of the oil and gas stocks. Since then, stocks have generally been in decline, particularly from March. The US joined us around the beginning of last year. Nobody mentions the word Bear until it is all over. It has been going on for enough time now. You can really see a downer starting around March with everything. It didn’t matter what the companies did. His experience is that you sit tight. There is no point in moving entirely into cash unless you believe you have the magic touch and can time the entry point. Eventually it all regains the ground it has lost. He is mostly sitting on his hands and waiting. Thinks the strength in the US$ is going to continue, because it is the only global currency. The world is such an uncertain place, and that’s where they run. Some gold stocks are becoming more interesting, but there is no reason that he can see that any other currency out there could possibly take over the running.


Price:
$0.020
Subject:
CANADIAN
Bias:
BEAR
Owned:
_N/A
2016-01-19 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Cdn $? This is low because nobody comes to it. It pays you nothing. The interest rate is so low you can’t make anything in the bank. You also have the global currency of refuge, the US$. We are blighted with a failure in the resources sector for the time being. There is no need to anticipate a recovery as of yet. Thinks it goes lower.


Price:
$0.020
Subject:
CANADIAN
Bias:
BEAR
Owned:
_N/A
2016-01-19 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Gold. He is rather keen on 1 or 2 gold companies which have really got their houses in order and are making good cash flows, are reliable, and could expand. That is without the gold price even going up. Agnico-Eagle (AEM-T) and Detour Gold (DGC-T). They have been going up against the Bear market. There is more talk now as to whether gold has bottomed.


Price:
$0.020
Subject:
CANADIAN
Bias:
BEAR
Owned:
Unknown
2016-01-19 COMMENT Must be logged in to use chart ARE-T Aecon Group Inc

This company stands to win on infrastructure in Canada. A well-run company that has relationships with the oil/gas sector plus much more across Canada. Doing quite well considering that it is attached to the West.


Price:
$13.020
Subject:
CANADIAN
Bias:
BEAR
Owned:
Unknown
2016-01-19 HOLD Must be logged in to use chart BAM.A-T Brookfield Asset Management (A)

This is a core holding mentality that investors should have. They have conservative, long term portfolios. A very clever major group in Canada.


Price:
$40.410
Subject:
CANADIAN
Bias:
BEAR
Owned:
Yes
2016-01-19 COMMENT Must be logged in to use chart CCO-T Cameco Corporation

The increase in the consumption of uranium for power stations is visible and is big. It is slow growing, and it still hasn’t moved the price of the metal. The metal is now stuck with the general decline in hard commodities. This is the premier stock globally, and should be safe. One day in the future it should reflect a higher uranium price.


Price:
$15.880
Subject:
CANADIAN
Bias:
BEAR
Owned:
No
2016-01-19 TOP PICK Must be logged in to use chart CJT-T Cargojet Inc

Acquired Canada Post nighttime freighting. Also, moves freight for UPS and other giants. Have made big expenditures on new planes, and there is more to come.


Price:
$23.810
Subject:
CANADIAN
Bias:
BEAR
Owned:
Yes
2016-01-19 PAST TOP PICK Must be logged in to use chart CLR-T Clearwater Seafoods Inc.

(A Top Pick Feb 2/15. Down 18.84%.) Has just acquired a company in Scotland, the largest supplier of shellfish, etc. in Europe. Stock has been trashed because of the bear market. It pretty well possesses all of the big permits/quotas that are available for the east coast. They are also located in Argentina. He is looking to add a bit to this.


Price:
$10.350
Subject:
CANADIAN
Bias:
BEAR
Owned:
Yes
2016-01-19 TOP PICK Must be logged in to use chart CXR-T Concordia Healthcare

This has made an acquisition which contains about 200 marketed products, and takes them to a global level of marketing and sales. The only negative is that the debt has been up to about 5.5 times. There seems to be a clear path for cash flows to take that down to 2.2.


Price:
$41.800
Subject:
CANADIAN
Bias:
BEAR
Owned:
Yes
2016-01-19 COMMENT Must be logged in to use chart ECA-T Encana Corp

In the short term, this is messy because of the price of the oil/gas sector. The 2nd largest gas reserve holder in the Western US and Canada. Basically you hold this in order to make a small killing with patience, when you get a recovery.


Price:
$4.750
Subject:
CANADIAN
Bias:
BEAR
Owned:
Unknown
2016-01-19 HOLD Must be logged in to use chart GUD-T Knight Therapeutics

While this has gone down in the healthcare bear market, it hasn’t gone down as much as others. The reason is that Jonathan Goodman took his previous company Paladin Labs to $145, and it took 19 years. This is going to be a very long-term hold. Mr. Goodman has amazing connections into the pharmaceutical industry for acquiring and participating in drugs. Has also long participated in financing for others.


Price:
$6.640
Subject:
CANADIAN
Bias:
BEAR
Owned:
Unknown
2016-01-19 HOLD Must be logged in to use chart KLS-T Kelso Technologies Inc

Doesn’t know if this has been trashed by the descent in the market in the attachment of the oil/gas sector in Western Canada, because this has to do with rail transportation of hazardous material. It continues to bring out new equipment/accessories to put on rail cars. He wouldn’t buy more at this time.


Price:
$1.350
Subject:
CANADIAN
Bias:
BEAR
Owned:
Yes
2016-01-19 HOLD Must be logged in to use chart MTY-T MTY Food Group

Has always liked this. It is an expansion of small food chains. A very good long term Hold. He would imagine that this gets taken out someday.


Price:
$29.590
Subject:
CANADIAN
Bias:
BEAR
Owned:
Unknown
2016-01-19 COMMENT Must be logged in to use chart NHC-T Nobilis Health Corp

Has come down with the healthcare sector. Not one of his favourites in healthcare. Acquisition of clinics, many of them distressed. 1 or 2 in the beginning were not approved by insurance companies, so were not recommended to people. Since then they have bought 1 or 2 that do qualify, which is very important. Had sold his holdings.


Price:
$3.130
Subject:
CANADIAN
Bias:
BEAR
Owned:
No
2016-01-19 TOP PICK Must be logged in to use chart PBL-T Pollard Banknote Ltd

Originally a great grandfather started to do bank notes, and then switched into coins. The 2 Pollard brothers (grandsons) are one of the 3 world leaders in lottery scratch ticket production. They have 22% of the world market. Dividend yield of 1.92%.


Price:
$6.500
Subject:
CANADIAN
Bias:
BEAR
Owned:
Yes
Showing 1 to 15 of 3,110 entries
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