stockchase picture

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

Expert Index

List by First Name

List by Last Name

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
2015-08-24 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. He had been talking about a 5%-10% correction, so at about 7 AM, if you took the 4% decline right across the board and added them to last Friday’s declines from the highs, you are between 10% and 15%, so he thought it was possible that we might have a bounce. We had our correction and he is quite positive going forward. This tells him that sentiment was in the hands of the traders. They saw an opportunity to make a buck, and they did. The majority of investors probably didn’t sell into the decline, being in it for the long-term. In the very short term, he has a list of things that he wants to buy. Some have come down precipitously, much more than the market, and others that haven’t budged very much. As prices approach Buy points, he will cautiously step in. Since 2008-2009, people have not trusted this market. Probably one of the most heated Bull markets in history. He has counselled his clients to be patient. The US is improving rapidly. Wildcards are China, Japan and Europe.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US ECONOMY
Owned:
_N/A
2015-08-24 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

US. Thinks the US economic development is improving rapidly, especially in housing. He looks to them for continuous growth. Wages are up, hours being worked are up, more people are working and he thinks this is going to propel the US economy forward.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US ECONOMY
Owned:
_N/A
2015-08-24 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Energy. Weak energy prices are here to stay for some time. He is looking for anywhere from $55-$70 as a price over the next several years. Drilling costs have dropped like a stone and labour costs have dropped. Looking at the spread between whatever the energy price is, and the new cost base, it is a bit more encouraging than you might think. Will have to wait for a while for that to work through, but he thinks this is a positive. $30 oil is not going to happen. It may spike down to $35, but $40 is a long-term base.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US ECONOMY
Owned:
_N/A
2015-08-24 COMMENT Must be logged in to use chart BBD.B-T Bombardier Inc (B)

Had hoped the C series would be very much past the point where it is now. If for some reason the C series doesn’t go well, the stock will do nothing. The company is not going to go broke. They have the ability to sell part or all of the transportation division. He continues to hold his shares as he has great faith something will come of it.


Price:
$1.110
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US ECONOMY
Owned:
Yes
2015-08-24 COMMENT Must be logged in to use chart BNS-T Bank of Nova Scotia

Likes the banks as a group. They have been terribly oversold. The PE relative to the TSX is the lowest it has ever been. This bank is not on his list, but if you are a long-term believer in emerging markets, this is one of the great Canadian plays.


Price:
$55.950
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US ECONOMY
Owned:
No
2015-08-24 HOLD Must be logged in to use chart BTE-T Baytex Energy Corp

Recently did the right thing by eliminating the dividend. This gives it additional staying power. This is a stock that he likes. Before Buying he would want to see a bit more basing action.


Price:
$5.940
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US ECONOMY
Owned:
No
2015-08-24 PAST TOP PICK Must be logged in to use chart CEF.A-T Central Fund of Canada Ltd (A)

(A Top Pick July 28/14. Down 4.42%.) A closed-end gold bullion and silver fund. Feels that gold has probably bottomed.


Price:
$14.630
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US ECONOMY
Owned:
Yes
2015-08-24 TOP PICK Must be logged in to use chart CNR-T Canadian National R.R.

Grain and fertilizers are 15.8% of their business. Coal is 4.1%, forest products are 13.6%, energy is 19.8%, automobiles 9.2%, metals are 12.6%, intermodal is 23.3% and diversified is 5.5%. Even in the face of a slowdown in volumes, it has managed a price increase, reacted very quickly by putting a freeze on hiring, and retired 200 locomotives and 10,000 railcars. They still produced a record 56.4% operating ratio.


Price:
$72.740
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US ECONOMY
Owned:
Yes
2015-08-24 PAST TOP PICK Must be logged in to use chart CPG-T Crescent Point Energy Corp

(A Top Pick July 28/14. Down 69.34%.) He would be looking for an entry point once he sees oil stabilizing. For any of the producers, he would be asking to what level they could get costs down, marginal and average, relative to the price they get through hedging or actual sales. If the spread was positive, he would look to see the potential for production. This is a classic example of a company that can take advantage of increased production with a positive spread. If oil prices stabilize, he does not believe they will cut their dividend again.


Price:
$12.650
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US ECONOMY
Owned:
Yes
2015-08-24 HOLD Must be logged in to use chart ENB-T Enbridge

When the energy picture brightens, he would be a further buyer of this.


Price:
$50.570
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US ECONOMY
Owned:
Yes
2015-08-24 COMMENT Must be logged in to use chart GWO-T Great West Lifeco

Of the 3 Canadian lifecos, it is probably the slowest growth. Rather than looking at this company, he would be more inclined to look at Power Financial which holds this, along with IGM (IGM-T) and others.


Price:
$32.360
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US ECONOMY
Owned:
Unknown
2015-08-24 HOLD Must be logged in to use chart IPL-T Inter Pipeline

This is doing everything that it should, basically building up its inventory, long-term contracts and building up their storage business in Europe. Long-term this is terrific. The reason for its decline basically has to do with energy. When we become a little more disposed to energy, this is a Buy.


Price:
$25.000
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US ECONOMY
Owned:
Yes
2015-08-24 TOP PICK Must be logged in to use chart MFC-T Manulife Financial

Down 21.3% from its high, well beyond the decline of the TSX. Growth rate and consensus earnings per share is 19% this year, 16% next year and 13% the year after. A far greater discount than it should be. Its 3 major divisions are Asia, the US and Canada. Asia, 27% of its business, is up year-over-year at 23%. Wealth management, 33% of the business, is up 31%. Canadian business is 33% of its business and is up 31%. US is 36% of its business and is up only 1%. Dividend yield of 3.49%.


Price:
$19.950
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US ECONOMY
Owned:
Yes
2015-08-24 PAST TOP PICK Must be logged in to use chart PD-T Precision Drilling

(A Top Pick July 28/14. Down 62.07%.) This was his favourite in the drilling space. Had always thought that there was a chance of a takeover. Sold his holdings at about $7.33 at the end of 2014 for tax losses. If he were going back into this space, this would probably be his #1 pick.


Price:
$5.330
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US ECONOMY
Owned:
Yes
2015-08-24 HOLD Must be logged in to use chart PPL-T Pembina Pipeline Corp

When we become a little more disposed to energy, this is a Buy.


Price:
$33.490
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US ECONOMY
Owned:
Unknown
Showing 1 to 15 of 4,353 entries
First Previous 1 2 3 4 5 Next Last

No Comments.


You must be logged in to comment.