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

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Peter Brieger , Chairman & Chief Executive Officer

GlobeInvestment Capital Management

Address
20 Queen Street West
Suite 3308
Toronto, ON
M5H 3R3

Contact Info
Telephone: 416-591-7100
Fax: 416-591-7133
Email:
Website: http://www.globe-invest.com


Date Signal Chart Symbol Company Opinion Price
2014-08-25 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. September and October is a very difficult time some times. The record for a consistent decline during those few months is spotty at best. You have to be aware that it is out there, but who knows if it is going to hit. If it does, it will be for geopolitical reasons, specifically the Ukraine, and perhaps to a lesser extent what is going on in Iraq and the Palestinian/Israeli conflict. This could derail on a very short-term basis. Looking out 2-3 years, the US economy is going to finally get back to a more normal state of affairs. At that point, you might be pleasantly surprised by corporate revenues, corporate profits and perhaps P/E ratio expansion. A chart showing Forward P/E Ratios from 1977 to the current time had an average of 13.70, and as of last Friday we were 15.2X Forward Earnings on the S&P 500. Above the average, but not outrageously so. The most optimistic outlook for the PE ratio is 15. If it got up to 18 in today’s environment, he would be a Seller. Unless there is a cut off of oil from the Middle East, we’ll probably follow the US.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
_N/A
2014-08-25 COMMENT Must be logged in to use chart BAC-N Bank of America

Feels they are out of the penalty box. This could be a pretty good stock from here.


Price:
$16.290
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
No
2014-08-25 DON'T BUY Must be logged in to use chart BCE-T BCE Inc.

Doesn’t own any telecommunications at this time. Because of 1) regulatory uncertainties that are coming down the pike, 2) increasing intense competition and 3) some are reaching the saturation point. He would stay away at this time.


Price:
$48.720
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
No
2014-08-25 DON'T BUY Must be logged in to use chart CCO-T Cameco Corporation

Wouldn’t touch this with a 10 foot pole. First of all, spot prices for uranium are well below past levels. The Japanese reactor situation is still unclear. They’ve had a series of mistakes. Also, their 2003-2009 tax situation is being investigated. They could be on the hook for $250 million. He would go to Uranium Participation (U-T) instead, maybe in a year’s time.


Price:
$22.050
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
No
2014-08-25 PAST TOP PICK Must be logged in to use chart CFP-T Canfor Corp

(A Top Pick Aug 27/13. Up 25.17%.) Sold his holdings at $29. If it got back to $22.50, he would probably Buy it back.


Price:
$25.410
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
No
2014-08-25 COMMENT Must be logged in to use chart CM-T Canadian Imperial Bank of Commerce

Likes Canadian banks longer-term. Yields are probably going to continue to rise. They have a P/E ratio below that of the TSX. This bank is in the process of a turnaround. If you are willing to take a bit more risk, he would go with this. (See Top Picks.)


Price:
$105.050
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
No
2014-08-25 TOP PICK Must be logged in to use chart CPG-T Crescent Point Energy Corp

(A Top Pick Aug 27/13. Up 24.72%.) 6.2% dividend yield. Have continuously bought land, which is highly prospective. Essentially, the recovery rate for the Bakken type wells that they drill is 15%-20%. 20%-30% for a normal conventional well. There are 750 wells that they think they can use their water flood and production liner techniques to enhance the recovery and get it up to 20%, maybe higher. They have an inventory of 7650 wells going forward, to which they can apply these techniques. $53 would be a reasonable estimate. Yield of 6.17%.


Price:
$44.700
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Yes
2014-08-25 BUY on WEAKNESS Must be logged in to use chart FLR-N Fluor Corp.

Likes this very much. He sees this going forward although there may be a bit of a pullback. Would look for a 5% pull back.


Price:
$74.980
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Yes
2014-08-25 COMMENT Must be logged in to use chart FRC-T Canyon Services Group

The reason for owning this is the promise and hope that we are going to do some LNG exports to Asia, some time in the next decade. This has to be decided, based on what the BC government’s tax policy ultimately is along with other competitive factors. Had looked at this, but missed it. If he were going into the fracing area today, he would be looking at Halliburton (HAL-N).


Price:
$16.070
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
No
2014-08-25 BUY Must be logged in to use chart G-T Goldcorp Inc

One of the huge changes that are about to take place in the gold market is that the main market making is going to go from London to Shanghai. Chinese are increasing their imports of gold and they don’t allow exports. Have tons of US dollars and he thinks they are going to try and protect the value of what they have. One of the ways they do that is by owning gold and seeing it go up in price.


Price:
$29.520
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Yes
2014-08-25 COMMENT Must be logged in to use chart MBT-T Manitoba Telecom Services

A well-run company, but isn’t going anywhere fast. 5.5% dividend yield.


Price:
$30.840
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
No
2014-08-25 TOP PICK Must be logged in to use chart PD-T Precision Drilling

Largest driller in Western Canada and 4th largest onshore driller in the US. It is expanding beyond those borders. On a macro basis, he likes the energy field, and because of the outlook for global growth we will see more drilling and more activity in the various oil areas. Recently did a deal with Schlumberger (SLB-N) where they will use their technical expertise and marketing assistance to reach a broader list of customers in the US. He sees a 40%-50% gain at least, over the next year or so. Yields of 1.84%.


Price:
$13.070
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Yes
2014-08-25 HOLD Must be logged in to use chart POT-T Potash Corp of Saskatchewan

Will trade restrictions in Russia affect potash exports, and will it increase prices? The answer is no, because most of it goes to China. Potash prices are firming in China, India and Brazil. Expects the supply situation will be easing. The forecast for target prices on potash, a year from now, is below the current price. Feels this is short sighted. If you own, continue to Hold.


Price:
$38.720
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Unknown
2014-08-25 COMMENT Must be logged in to use chart PWT-T Penn West Petroleum

To rectify its position with its covenants, the dividend is going to have to go. The best case would be a major cut.


Price:
$7.940
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Unknown
2014-08-25 TOP PICK Must be logged in to use chart RY-T Royal Bank

Likes the earnings report that they came out with last Friday. A global leader. They’ve laid out a game plan where 50% of the business should be domestic and 50% should be global. Also, 50% should be in wealth management and 50% in other traditional banking areas. That sets a model for other banks. Yield of 3.7%.


Price:
$80.980
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Yes
Showing 1 to 15 of 4,155 entries
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