Viewing Expert Ben Cheng | StockChase
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Compiling comments that experts make about stocks while on public TV.

Viewing Expert

Ben Cheng , President and Chief Investment Officer

Aston Hill Financial Ltd.

Contact Info

Website: http://www.astonhill.ca

Bio:

Aston Hill Financial recognizes that every market situation can be an opportunity. An innovative and creative approach to business uncovers otherwise overlooked opportunities. Commitment to our team and to providing a proactive response to the changing needs of our clients are the foundation of Aston Hill. An entrepreneurial spirit and dedication to the success of our company are the hallmarks. Aston Hill Financial offers a unique range of expertise in the oil and gas industry, the income sector, the high yield market, and in structured investment products, to pension funds, institutional investors, corporations, and individuals.

Date Signal Chart Symbol Company Opinion Price
2016-07-18 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  With negative rates in some countries and zero % rates in North America, 3-4% income rates are attractive.  In the developed world, there is little demographic growth.  Without immigration in North America it would be half a percent.  If the population is not growing then economic growth over the long run is impossible.  Governments are pushing money into the economy, but taxes are going up, compliance is more expensive and these things inhibit growth.  Lack of growth is why people are moving towards income.  Interest rates will be low for a very long time.  People will be looking for safe income plays for a long time.


Price:
$0.020
Subject:
REITS, INCOME STOCKS & HIGH YIELD BONDS
Bias:
OPTIMISTIC
Owned:
_N/A
2016-07-18 PAST TOP PICK Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Hunt Company Bond 9.625% due March 2021.  (Top Pick Dec 3/15, Up 1.00% plus 9.625% interest) They have some exposure to Texas.  They manage assets for investors who want exposure to real estate.  This is a high yield bond, not investment grade.  The balance sheet is very manageable.  It is almost 10% yield and is up 1% on the capital.


Price:
$0.020
Subject:
REITS, INCOME STOCKS & HIGH YIELD BONDS
Bias:
OPTIMISTIC
Owned:
Yes
2016-07-18 BUY Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Bank rate reset preferred share at 5.5%.  These new products are capital that the banks issue and are more easily convertible.  He owns a lot of these.  They are higher up on the balance sheet.  It will not reset into a yield substantially lower than 5%, regardless of where interest rates are.  If interest rates rise, they should continue to have almost a 5% spread over rates.


Price:
$0.020
Subject:
REITS, INCOME STOCKS & HIGH YIELD BONDS
Bias:
OPTIMISTIC
Owned:
Yes
2016-07-18 TOP PICK Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Cott Beverages 5.375% 07/01/2022 USD.  They have changed their business in the last few years so more than half of their revenue and earnings come from filtered water.  It is a very good growth industry.


Price:
$0.020
Subject:
REITS, INCOME STOCKS & HIGH YIELD BONDS
Bias:
OPTIMISTIC
Owned:
Yes
2016-07-18 Unspecified Must be logged in to use chart BAC-N Bank of America

(Market Call Minute) Reported today with disappointing numbers, but better than what investors were expecting.


Price:
$14.110
Subject:
REITS, INCOME STOCKS & HIGH YIELD BONDS
Bias:
OPTIMISTIC
Owned:
Unknown
2016-07-18 BUY Must be logged in to use chart BAM.A-T Brookfield Asset Management (A)

(Market Call Minute) They continue to be very good value players and good financial structurers.


Price:
$45.720
Subject:
REITS, INCOME STOCKS & HIGH YIELD BONDS
Bias:
OPTIMISTIC
Owned:
Unknown
2016-07-18 Unspecified Must be logged in to use chart BCE-T BCE Inc.

(Market Call Minute) Trading at the high end of its range.


Price:
$62.350
Subject:
REITS, INCOME STOCKS & HIGH YIELD BONDS
Bias:
OPTIMISTIC
Owned:
Unknown
2016-07-18 BUY Must be logged in to use chart CHR.A-T (Unlist Chorus Aviation Inc

They signed a new long term contract with Air Canada until 2020.  There is not a lot that is going to affect their income generation.  They are shielded from fuel and labour costs.  It is very bond like for an equity.


Price:
$6.330
Subject:
REITS, INCOME STOCKS & HIGH YIELD BONDS
Bias:
OPTIMISTIC
Owned:
Unknown
2016-07-18 BUY Must be logged in to use chart CM-T Canadian Imperial Bank of Commerce

It is a good buy at these levels.  It has a robust dividend and has lagged other bank peers.  This is because investors are waiting for management’s vision for the bank to unfold.  It has been acquisitive and will continue to do so for growth. 


Price:
$98.470
Subject:
REITS, INCOME STOCKS & HIGH YIELD BONDS
Bias:
OPTIMISTIC
Owned:
Unknown
2016-07-18 DON'T BUY Must be logged in to use chart CPG-T Crescent Point Energy Corp

(Market Call Minute) Wonderful properties, but it is one of the higher cost producers.  As they work down costs they become more of a buy.


Price:
$20.020
Subject:
REITS, INCOME STOCKS & HIGH YIELD BONDS
Bias:
OPTIMISTIC
Owned:
Unknown
2016-07-18 BUY Must be logged in to use chart DIR.UN-T Dream Industrial REIT

(Market Call Minute) He likes it.  He thinks it will continue to move higher because industrial space is still very much in demand.


Price:
$9.010
Subject:
REITS, INCOME STOCKS & HIGH YIELD BONDS
Bias:
OPTIMISTIC
Owned:
No
2016-07-18 HOLD Must be logged in to use chart GEI-T Gibson Energy

(Market Call Minute) The storage business is doing well, but the trucking business is lagging.


Price:
$14.600
Subject:
REITS, INCOME STOCKS & HIGH YIELD BONDS
Bias:
OPTIMISTIC
Owned:
Unknown
2016-07-18 COMMENT Must be logged in to use chart HOT.UN-T American Hotel Income Properties

It has come under pressure for two fronts.  Across the US there is quite a bit of new hotel product that is coming on stream over the next 12-24 months.  But they are not competing in the same tier 1 cities as the new product so should not be affected by the new volume.  Also, they have a lot of contracts with rail operators.  Volumes for rails have dropped off considerably.


Price:
$10.350
Subject:
REITS, INCOME STOCKS & HIGH YIELD BONDS
Bias:
OPTIMISTIC
Owned:
Yes
2016-07-18 BUY Must be logged in to use chart HR.UN-T H&R Real Estate Inv Trust

They have a very good portfolio.  They are now refocused back on Alberta.  REITs here are being supported because index players are buying the stock.  REITs are tucked within financials, but at the end of the month they will be a separate sector (GIC).


Price:
$23.290
Subject:
REITS, INCOME STOCKS & HIGH YIELD BONDS
Bias:
OPTIMISTIC
Owned:
Unknown
2016-07-18 WATCH Must be logged in to use chart MG-T Magna Int'l. (A)

Brexit is going to affect growth in sales in the UK and Europe.  They have exposure to Volkswagen as well.  It is probably a decent entry point here, however.  It could be two or three years before they come out of this cycle. 


Price:
$49.330
Subject:
REITS, INCOME STOCKS & HIGH YIELD BONDS
Bias:
OPTIMISTIC
Owned:
No
Showing 1 to 15 of 787 entries
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