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

Recent Opinions

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Date Signal Company Expert Opinion Price
2014-11-20 TOP PICK Arc Resources Ltd
ARX-T
Darren Sissons

There has been a big decline in energy prices. This is a very good management team.  The dividend is sustainable at current levels.  They have exposure to all the right markets.  A balanced portfolio.  Longer term this will make some money.


Price: $29.250
Subject: GLOBAL LARGE
Bias: BULLISH on RESOURCES
Owned: Yes
2014-11-20 TOP PICK Brookfield Asset Management (A)
BAM.A-T
Hank Cunningham

3.95% bonds maturing Apr 9/19. One of the themes in his 3 picks is quality. He is taking cautionary measures to guard against BBB bonds starting to underperform the market. Also, preservation of capital in these very low rates is #1 in his mind.


Price: $55.340
Subject: FIXED INCOME
Bias: UNKNOWN
Owned: Yes
2014-11-20 PAST TOP PICK BCE Inc.
BCE-T
Hank Cunningham

(A Top Pick Jan 29/14. Up 4.28%.) 3.35% bond maturing June 18/19. This has rolled down the curve and the price is higher. You get the price higher plus the coupon.


Price: $53.220
Subject: FIXED INCOME
Bias: UNKNOWN
Owned: Yes
2014-11-20 SELL BCE Inc.
BCE-T
Hank Cunningham

7.65% bond due Dec 30/31? If you own, he would suggest you sell. He doesn't like long-term corporate bonds. You probably have done well on them, but he would like you to have something shorter term than that. You are going to give up income and yield if you sell them and he thinks Bell is going to make it to 2031, but rates could rise in the next year or 2. Long-term bonds are subject to price swings.


Price: $53.220
Subject: FIXED INCOME
Bias: UNKNOWN
Owned: Unknown
2014-11-20 TOP PICK BCE Inc.
BCE-T
Hank Cunningham

3.25% bonds maturing June 17/20. One of the themes in his 3 picks is quality. He is taking cautionary measures to guard against BBB bonds starting to underperform the market. Also, preservation of capital in these very low rates is #1 in his mind.


Price: $53.220
Subject: FIXED INCOME
Bias: UNKNOWN
Owned: Yes
2014-11-20 BUY Bank of Nova Scotia
BNS-T
Darren Sissons

Just pick one of the banks and hold it.  BNS-T is his preferred.  It is on sale because of its operations in the Caribbean.  The dividend is safe here.


Price: $69.920
Subject: GLOBAL LARGE
Bias: BULLISH on RESOURCES
Owned: Unknown
2014-11-20 PAST TOP PICK BP PLC
BP-N
Darren Sissons

(Top Pick Dec 05/13, Down 5.72%) He is still buying it for clients.  The Russian event affected this stock.  This company is on sale and longer term oil prices are going higher.


Price: $41.770
Subject: GLOBAL LARGE
Bias: BULLISH on RESOURCES
Owned: Yes
2014-11-20 PAST TOP PICK Brookfield Office Properties
BPO-T (Dead)
Hank Cunningham

(A Top Pick Jan 29/14. Up 3.1%.) 5.29% bond maturing April 25/17. This was part of his “rolling down the yield curve” strategy, to take advantage of the steep yield curve. You buy 3, 4 and 5 year corporate bonds, and as they get shorter in term, they fall in yield and up in price, because they're getting closer to maturity and the spread narrows also, because there is less credit risk as the bond shortens.


Price: $22.360
Subject: FIXED INCOME
Bias: UNKNOWN
Owned: Yes
2014-11-20 BUY iShares 1-5 yr Ladder Corp Bond ETF
CBO-T
Hank Cunningham

Likes the 1-5 year corporate laddered ETF. It is a nice, safe ETF and you will get the kind of returns that he has shown in Past Picks. This is better than cash and is very safe.


Price: $19.540
Subject: FIXED INCOME
Bias: UNKNOWN
Owned: No
2014-11-20 COMMENT iShares 1-5 yr Ladder Corp Bond ETF
CBO-T
Hank Cunningham

iShares 1-5 yr Ladder Corp Bond ETF (CBO-T) or iShares 1-5 yr Government Bond ETF (CLF-T)? He prefers this one because the risk is very low and it is a very well diversified short-term portfolio and will give you extra yield over time over the government one. If safety of capital is paramount, then he would suggest half-and-half.


Price: $19.540
Subject: FIXED INCOME
Bias: UNKNOWN
Owned: Unknown
2014-11-20 COMMENT iShares 1-5 yr Government Bond ETF
CLF-T
Hank Cunningham

iShares 1-5 yr Ladder Corp Bond ETF (CBO-T) or iShares 1-5 yr Government Bond ETF (CLF-T)? He prefers the corporate one because the risk is very low and it is a very well diversified short-term portfolio. It will give you extra yield over time, over this one. This one will suit those who are risk adverse and willing to accept lower returns. If safety of capital is paramount, then he would suggest half-and-half.


Price: $19.250
Subject: FIXED INCOME
Bias: UNKNOWN
Owned: Unknown
2014-11-20 PARTIAL BUY Canadian National R.R.
CNR-T
Darren Sissons

CNR-T is the best performing rail in terms of operating efficiency in North America.  Buy a half weight and buy the balance in half a year. 


Price: $81.140
Subject: GLOBAL LARGE
Bias: BULLISH on RESOURCES
Owned: Unknown
2014-11-20 BUY Walt Disney
DIS-N
Darren Sissons

Has been a solid performer.  The dividend is cheap. 


Price: $88.900
Subject: GLOBAL LARGE
Bias: BULLISH on RESOURCES
Owned: No
2014-11-20 TOP PICK Callaway Golf
ELY-N
Darren Sissons

(Top Pick Dec 05/13, Down 2.82%) The turnaround is about half way through.  We had a dismal summer last year and then a poor winter.  Longer term restructuring stories are the kind of animal that are lumpy, but when they work they work well so he is happy to hold this.  The US middle class tend to be golfers.  New product introduction benefits them as does the new CEO’s turning the company around.  There should be more upside.  You see a lot of young guys on courses in Florida. 


Price: $7.570
Subject: GLOBAL LARGE
Bias: BULLISH on RESOURCES
Owned: Yes
2014-11-20 BUY Freeport McMoran Copper & Gold
FCX-N
Darren Sissons

There is going to be a recovery here.  Copper is a continuing theme.  Sees no problem with the story.  It requires a multiyear horizon.


Price: $28.570
Subject: GLOBAL LARGE
Bias: BULLISH on RESOURCES
Owned: Unknown
2014-11-20 WEAK BUY Lloyds TSB Group PLC
LYG-N
Darren Sissons

The US is closer to an interest rate hike and will propel those banks.  The US banks are freshly recapitalized.  In the UK that is not the case.  This is a good bank.  Sell if you bought before the crisis.  If you bought afterwards, hold as it will be a multiyear success story.  He holds HSBC-N broadly.


Price: $4.860
Subject: GLOBAL LARGE
Bias: BULLISH on RESOURCES
Owned: Unknown
2014-11-20 BUY on WEAKNESS Spark New Zealand Ltd
NZTCY-Q (OTC)
Darren Sissons

At current levels the dividend is sustainable.  Buy on currency weakness.


Price: $0.000
Subject: GLOBAL LARGE
Bias: BULLISH on RESOURCES
Owned: Unknown
2014-11-20 BUY Philip Morris International
PM-N
Darren Sissons

Look at the dividend growth history.  It has been very regular.  He is big fans of this category.  As a business model they are very attractive.  Not expensive because of the regulatory risk.


Price: $85.810
Subject: GLOBAL LARGE
Bias: BULLISH on RESOURCES
Owned: No
2014-11-20 BUY Royal Dutch Shell PLC (A)
RDS.A-N
Darren Sissons

The .A shares are taxed differently in the UK.  This has the best balance sheet of the majors.  They underperformed because they were investing.  There is upside on the dividend.  The balance sheet is sustainable.  You have to wait until oil prices raise before there will be upside in the stock price.


Price: $71.000
Subject: GLOBAL LARGE
Bias: BULLISH on RESOURCES
Owned: Yes
2014-11-20 HOLD Sherritt International Corp.
S-T
Hank Cunningham

Thoughts on the 2018 and 2020 bonds considering the recent events? The company just redeemed a lot of its earlier bonds and issued the bond in 2022, to put out the maturity date so there is less pressure for the company to meet any principal maturities short term. If you own, he would Hold. This company has always had a good rapport with the street.


Price: $2.680
Subject: FIXED INCOME
Bias: UNKNOWN
Owned: No
2014-11-20 HOLD Sherritt International Corp.
S-T
Hank Cunningham

7.5% Sept 24/2020 bond? This is one of the better firms that is dealing with the street. Just redeemed a lot of their bonds early and replaced them with a longer term bond. They have a balance sheet where there are no forthcoming principal maturities that will cause them any anxiousness in the bond market.


Price: $2.680
Subject: FIXED INCOME
Bias: UNKNOWN
Owned: Unknown
2014-11-20 PAST TOP PICK Shoppers Drug Mart Corp
SC-T (Dead)
Hank Cunningham

(A Top Pick Jan 29/14. Up 2.96%.) 2.36% bond maturing May 24/18. This has rolled down the curve with a positive return of over 3%. It will continue to generate positive returns.


Price: $60.830
Subject: FIXED INCOME
Bias: UNKNOWN
Owned: Yes
2014-11-20 DON'T BUY Sanofi-Aventis
SNY-N
Darren Sissons

The big drop was related to the poor performance of the diabetes drug.  When the CEO gets let go after announcing poor earnings it is not a catalyst.  He wonders if they have a proper pipeline.  He suggests staying away from it although there is some definite value here.


Price: $46.570
Subject: GLOBAL LARGE
Bias: BULLISH on RESOURCES
Owned: No
2014-11-20 BUY A T & T US
T-N
Darren Sissons

He owns BCE-T.  Bought after the failed acquisition so the cost price was $28.  The challenge is for new clients.  Telcos are a GDP grip.  The US economy is getting ready to turn the corner.  The dividend will grow.  The potential of an interest rate increase will cause the pension funds to eliminate their deficit.  T-N will be the first where they will not have to pay a pension amount to employees. 


Price: $35.280
Subject: GLOBAL LARGE
Bias: BULLISH on RESOURCES
Owned: Unknown
2014-11-20 DON'T BUY Transalta Corp
TA-T
Hank Cunningham

6.2% strip bonds maturing in 2030? This is very long-term and his preference is to “not” Buy long term corporate bonds. The credit rating on this company is a low BBB, verging on a BB+, so it is not very high quality.


Price: $11.500
Subject: FIXED INCOME
Bias: UNKNOWN
Owned: No
2014-11-20 WEAK BUY Teck Resources Ltd. (B)
TCK.B-T
Darren Sissons

Buying it at a discount is always a good thing.  But the market is telling you there is half the demand moving forward although he does not agree with it.  Copper demand is not going away.  It is a buy if you have three years to hold it.  It is quite attractive here.


Price: $18.220
Subject: GLOBAL LARGE
Bias: BULLISH on RESOURCES
Owned: Yes
2014-11-20 COMMENT iShares 20+ yr Tr. Bond ETF
TLT-N
Hank Cunningham

These units have produced almost 12% in the last 12 months. The average term on this ETF is almost 7 years, so it is a good bet on the long-term market. Doesn't think the next 12 months are going to produce anything like that. This is an ultra bond fund for anybody that wants to play the bond market.


Price: $119.380
Subject: FIXED INCOME
Bias: UNKNOWN
Owned: Unknown
2014-11-20 BUY Unilever PLC
UL-N
Darren Sissons

It is a serial dividend increaser and the balance sheet is incredible.  They are on sale because of their exposure to the emerging markets.  Prefers to PG-N.  This will do well over the long term.


Price: $41.340
Subject: GLOBAL LARGE
Bias: BULLISH on RESOURCES
Owned: Yes
2014-11-20 BUY on WEAKNESS Visa Inc.
V-N
Darren Sissons

There was no domestic acceptance of Visa last year, but in the last couple of weeks they announced they are opening up the payment market.  This one should be a big deal for this company, but they will have to go through a penetration processes.  You have no exposure to payment defaults.  They are just a transaction processing company.  It is a very expensive story.  Longer term you will be okay.  The valuation is very expensive.


Price: $251.670
Subject: GLOBAL LARGE
Bias: BULLISH on RESOURCES
Owned: Unknown
2014-11-20 BUY Wells Fargo
WFC-N
Darren Sissons

He avoids the regulatory glare.  He goes for regional banks.  However, he would buy this one here.


Price: $53.480
Subject: GLOBAL LARGE
Bias: BULLISH on RESOURCES
Owned: Unknown
2014-11-20 TOP PICK TSX Group
X-T
Hank Cunningham

3.25% bonds maturing Oct 3/18. One of the themes in his 3 picks is quality. He is taking cautionary measures to guard against BBB bonds starting to underperform the market. Also, preservation of capital in these very low rates is #1 in his mind.


Price: $52.650
Subject: FIXED INCOME
Bias: UNKNOWN
Owned: Yes
2014-11-20 DON'T BUY iShares US High Yield Bond Index ETF
XHY-T
Hank Cunningham

Thinks the boom is over in the high-yield market, and the price of this particular ETF will likely work itself lower. Very liquid and very diversified, but a major percentage of the bond held in this ETF is in the energy patch and there is a lot of concern about some of the credit worthiness of some of the issues as long as the price of oil stays where it is or goes even lower. Thinks you will get a chance to buy it cheaper.


Price: $21.210
Subject: FIXED INCOME
Bias: UNKNOWN
Owned: Unknown
2014-11-19 N/A A Comment -- General Comments From an Expert
A Commentary
Bruce Campbell (2)

TSX. Had expected a bit of a correction going into the fall, but was really surprised at the volatility of the correction, how hard the market had sold off but how fast it has recovered as well. He has seen a fair bit of technical damage done. In the US, a lot of that damage was repaired, but in Canada it hasn't done quite as well. He is still monitoring a lot of indicators fairly closely. One of the huge catalysts for stocks going forward is the price of oil. A $0.01 drop of gasoline in the US is worth $1 billion in US consumer pockets. Gasoline has dropped $0.65-$0.75, so there's going to be a lot of money that consumers have that hopefully will triple its way into the economy. He's looking for solid earnings growth going forward. US and Canada have reported pretty good numbers so far this quarter. Expects the next quarter will see some pretty good earnings as well, because the consumer is going to be so strong. He is seeing a lot of opportunities across the board in Canadian companies. There is a lot of great earnings growth. We are going into the strongest seasonal period from the end of October to the end of May. On top of that, we are also moving into the strongest period of the 4 year presidential cycle. From a probability standpoint we have seen the correction, which has taken a lot of the froth out of the market, and we should now see fairly strong and a fairly good upwards markets for the next 6 months at least.


Price: $0.020
Subject: CANADIAN
Bias: BULLISH
Owned: _N/A
2014-11-19 N/A A Comment -- General Comments From an Expert
A Commentary
John O'Connell, CFA

Global economy. US economy is doing quite well. Global economy is doing okay, but certain parts are doing better than others. Europe continues to struggle. Latin America is having some problems. China is a little bit slow, but still growing at a pretty fast pace. India seems to be doing pretty well. All in all, what we have seen here is a readjustment where a lot of strategists and analysts had global forecasts that were overly optimistic in the 1st part of the year, and have been adjusting their forecasts down. Adding that to the mix, with the threat of higher interest rates in the US, is causing some investors to refocus their attention. Given what the federal reserve board said today, the Fed doesn't seem to be overly concerned about the stock market or market volatility, and they don't seem to be too concerned about the global economy, because they think there are positive offsets that are positive. For example, interest rates remain very, very low and are going to remain at a very, very low rate for a long period of time and they have moved lower. Energy prices are significantly lower, which is a major positive stimulus for the whole global economy. The Fed is looking at this and saying they are going to remain on their track towards higher short-term “administered” interest rates some time late next year and he thinks that is a reasonable thing to do. Canada did it, and we didn't fall off a cliff. The global economy is still going to grow at about 3.5% per year.


Price: $0.020
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC
Owned: _N/A
2014-11-19 PAST TOP PICK Air Canada (B)
AC-T
Bruce Campbell (2)

(A Top Pick Jan 15/14. Up 12.36%.) Still likes. Continue to have nice earnings reports. Just announced a baggage fee, which drops money to the bottom line. Have a lot of positive things working in their favour.


Price: $10.140
Subject: CANADIAN
Bias: BULLISH
Owned: Yes
2014-11-19 COMMENT Alimentation Couche-Tard (B)
ATD.B-T
Bruce Campbell (2)

There has been such a huge run in all the consumer staples names, both in Canada and the US, all year. This company falls into that category. Not cheap from a valuation standpoint, but comparing it to a lot of the other consumer staples names, it is probably one that he likes the best. Thinks they will continue to execute on their acquisition strategy. Every time they do an acquisition, the market gets nervous about what is happening, and they end up with bigger synergies and stronger numbers. Thinks this will go higher.


Price: $41.420
Subject: CANADIAN
Bias: BULLISH
Owned: Yes
2014-11-19 PAST TOP PICK Avigilon Corp
AVO-T
Bruce Campbell (2)

(A Top Pick Jan 15/14. Down 45.84%.) Still likes. The market put them in the penalty box. He started to see things break down from a technical standpoint in early February. Sold his stock at the $28 level and ended up making money. Past quarter was quite good and the stock had a big one-day move. He wants to see it follow through with another quarter of good numbers.


Price: $18.000
Subject: CANADIAN
Bias: BULLISH
Owned: No
2014-11-19 TOP PICK Badger Daylighting
BAD-T
Bruce Campbell (2)

Had a great run. Have phenomenal margins of over 25%. A very profitable company. They manufacture and operate hydro-vac trucks that are used to excavate, using water and a vacuum. Half their business is in oil/gas, as well as pipelines and utilities. Last summer they announced they were reducing the number of trucks they were building, from 5 down to 4, and the market got very concerned. Also, had a bit of a stumble with their earnings. The most recent numbers show that the margins and earnings are back up. They now have a solid plan in place, where they are going to double the number of trucks in the US from 450 to 900 in the next 5 years. Dividend yield of 1.1%.


Price: $32.280
Subject: CANADIAN
Bias: BULLISH
Owned: Yes
2014-11-19 COMMENT BlackBerry
BB-T
Bruce Campbell (2)

This company is really doing what they said they were going to do. The problem is that perception is really against them. Their last quarterly reports have been beating expectations. Market is questioning whether they can continue to execute. From what he sees so far, John Chen is doing an excellent job. Expects the numbers will move into the green fairly soon and the stock will probably move higher.


Price: $11.560
Subject: CANADIAN
Bias: BULLISH
Owned: No
2014-11-19 COMMENT Bonavista Energy Corp
BNP-T
John O'Connell, CFA

This has been a tremendous growth story. There is a new management team, which he thinks is very talented and who are doing their best to right side the balance sheet, as they had a little bit too much debt at one point. They stuck with the dividend through thick and thin, but eventually reduced it. He likes the new management team and thinks they are doing the right things. This is one that you could own.


Price: $10.590
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC
Owned: No
2014-11-19 COMMENT Baytex Energy Corp
BTE-T
Bruce Campbell (2)

Always has his eye on this because of its size and domination in the heavy oil market. Has been punished a little more than some of the other names. He would want to see it basing from a technical standpoint before he looked at it, as well as some revision in their numbers. Probably won't see that until the CRA issue is resolved.


Price: $29.600
Subject: CANADIAN
Bias: BULLISH
Owned: No
2014-11-19 HOLD Baytex Energy Corp
BTE-T
John O'Connell, CFA

A well run company. He was not that keen on their recent US acquisition. Heavy crude oil prices have been quite good recently. The Canadian dollar is falling, and a lot of investors don't appreciate that the falling Canadian dollar is a very healthy offset for a lot of these Canadian oil-producing companies, because they sell in US dollars. This is one that you could own at these prices and probably do pretty well.


Price: $29.600
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC
Owned: No
2014-11-19 COMMENT Cameco Corporation
CCO-T
John O'Connell, CFA

If you are going to invest in a uranium producer, this is the one to invest in. This is obviously a politically charged investment. Doesn't think there is any way, long-term, that the Europeans, looking at an increasingly belligerent Russian government, can't give nuclear a restart. Also, Chinese coal, oil, natural gas and oil consumption continues to go up. Chinese are embracing the fact that they are killing themselves and everyone else if they don't make adjustments.


Price: $21.630
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC
Owned: No
2014-11-19 COMMENT Crescent Point Energy Corp
CPG-T
John O'Connell, CFA

He is quite optimistic on the energy space in general, but you always need to be picking good quality companies. Forgetting about the dividend, he likes this company’s growth profile. They have done an extremely good job of executing and growing production, maintaining their costs well, consolidating large areas. They made a very good purchase in the Utica Basin in the US, which a lot of people were very suspicious of, and they proved the critics wrong. His only complaint is that they are serial acquirers of assets. Not necessarily a bad thing, but if they continue to tap the investing landscape in Canada to finance that growth, they have tapped the retail investor one too many times. They need to go down to the US investment bankers and sell their stock to Americans.


Price: $35.300
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC
Owned: Unknown
2014-11-19 COMMENT DHX Media
DHX.B-T
Bruce Campbell (2)

Stock has done phenomenally well. Had a bit of a pullback recently. He had previously owned this and is on his radar screen. Last quarter's earnings were a little bit of a disappointment to the street. It will eventually be a take out; it is just a matter of when. They continue to build out their library. Just announced a deal where they are going to be doing some work in China. Revenue and earnings are going to slowly catch up to all the building they have done in content. If it pulled back a little more, he would probably look at adding it to his portfolio.


Price: $9.050
Subject: CANADIAN
Bias: BULLISH
Owned: No
2014-11-19 COMMENT Dollarama Inc.
DOL-T
John O'Connell, CFA

Has been a tremendous growth story. Well-run. The company has done an excellent job of increasing the average selling price for their product in the store. There is still a lot of running room from a space perspective. Trades at a pretty rich valuation of 24X estimated earnings. He just doesn't want any exposure to Canadian retailing. Prefers US retailers instead.


Price: $52.830
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC
Owned: No
2014-11-19 COMMENT Enterprise Group
E-T
Bruce Campbell (2)

A supply services company associated with the oil/gas business. Recent quarter was a bit of a disappointment to the street and the stock dropped back. Probably in the penalty box until 1) the wind is at their back from a sector standpoint and 2) they post a quarter that surprises the street, or at least meet its expectations. He prefers Petrowest (PRW-T).


Price: $0.580
Subject: CANADIAN
Bias: BULLISH
Owned: No
2014-11-19 COMMENT Elkwater Resources Ltd
ELW-X
Bruce Campbell (2)

Quite excited about what is going on. There are 2 different things to look at. Stock price has been under a lot of pressure because 1) low energy prices and 2) they did a recapitalization in the summer, which meant there were a lot of shareholders who had restricted stock, and that came free trading at the beginning of November. At the same time, the company has been working on acquisitions that they made, which will be closing probably later this week or early next. That will allow them to start building the company. They have no debt. This is a real bargain. You'll probably have to be patient.


Price: $0.180
Subject: CANADIAN
Bias: BULLISH
Owned: Yes
2014-11-19 COMMENT General Motors Corporation
GM-N
John O'Connell, CFA

He has tended to stay away from the automotive business, because it is very cyclical and a huge consumer of capital. It is a very, very tough business to survive in. The car cycle still has some room to run, so he feels you could be here if you really want to be invested in the automotive sector.


Price: $32.150
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC
Owned: No
2014-11-19 TOP PICK Google
GOOGL-Q
John O'Connell, CFA

Has owned this for quite some time. A wonderfully innovative company. 80% of all cell phones operate on their system. Has a great balance sheet. Visionary leadership that doesn't pay themselves a penny. They are able to attract outstanding talent. A lot of the things that they are working on, like autonomous driven cars, are coming to fruition. These are the kind of guys that are making things happen. They are creating the demand. The YouTube site has not been really monetized as much as it probably could be. Trading at about 18X forward earnings. For company this size, growing this well, with that many opportunities, and a dominant position in so many industries, it is incredibly good value.


Price: $547.200
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC
Owned: Yes
2014-11-19 COMMENT Ikkuma Resources
IKM-X
Bruce Campbell (2)

A really interesting company. The team came over from Manitok (MEI-X). They have a specialty in drilling foothills oil and gas that really no one else has a lot of technical expertise in. Probably finding pools that are sitting there and have never been discovered before. The current environment with the price of oil probably works to their benefit, because they are able to go out and accumulate properties, when nobody else wants them, and probably get fairly good prices for them. Fairly early with the story. Will probably be an exciting story over the next 3-5 years. If you have that kind of time horizon, this will be a great stock.


Price: $1.500
Subject: CANADIAN
Bias: BULLISH
Owned: Unknown
2014-11-19 COMMENT Input Capital Corp
INP-X
Bruce Campbell (2)

Has watched this. A really interesting streaming business. We typically see streaming companies in the energy or mining. This is in agricultural and they stream with canola. What he likes is that they are going to have great cash flow, but they are going to have to build out that base. Still a fairly new company. If you have a longer time frame, this is one you could look at. Doesn't screen super well in his process for earnings, but thinks it's just a matter of time.


Price: $2.010
Subject: CANADIAN
Bias: BULLISH
Owned: No
2014-11-19 TOP PICK Intertain Group
IT-T
Bruce Campbell (2)

Online gambling. This was spun out of Amaya Gaming (AYA-T) and they still have a relationship with them where Amaya is guaranteeing some revenue for them. A big part of their market is in Bingo. Amaya is in the poker market, which is much more fickle as the players tend to move around from one site to the next. Bingo brings in a different demographic of more females. Made a number of acquisitions in the last couple of months, with several more they are working on. Fairly cheap here. Wouldn't be surprised if Amaya came back in and bought them back.


Price: $14.130
Subject: CANADIAN
Bias: BULLISH
Owned: Yes
2014-11-19 HOLD Intertape Polymer Group
ITP-T
Bruce Campbell (2)

This is really a turnaround story that is firing on all cylinders. Just came out with their earnings in the last few weeks and they were blowout numbers. Their big competition in North America is 3M (MMM-N). They continue to execute and have done a very good job of restructuring and streamlining the company. Thinks their business continues to go higher.


Price: $19.320
Subject: CANADIAN
Bias: BULLISH
Owned: Yes
2014-11-19 COMMENT Kelt Exploration
KEL-T
Bruce Campbell (2)

Has really trimmed back his energy exposure, but one area that he has held onto are natural gas stocks. He uses a weather service out of the US, which is really accurate. It is calling for a colder than normal winter in the eastern part of North America. That will draw down the natural gas supply, so he thinks the stock will be fairly firm. This company is very well-managed and are in the right location. It is just a matter choosing between one or the other, and he has actually picked  Pine Cliff Energy (PNE-X) and Storm Resources (SRX-X), which both have great balance sheets and the ability to make acquisitions. Fairly low decline rates and production costs are low. However, he would be comfortable with this one.


Price: $9.380
Subject: CANADIAN
Bias: BULLISH
Owned: No
2014-11-19 TOP PICK Kelt Exploration
KEL-T
John O'Connell, CFA

(A Top Pick Dec 5/13. Down 1.26%.) Has grown its production per share by around 200% plus. Cash flow has grown by a huge amount. Stock has gone down because oil prices are down. Predominantly a natural gas producer. Very, very well run. Producing about 15,000 barrels per day and is going to grow its production next year. Has announced that it is going to reduce its spending budget a little bit next year, but not substantially. Balance sheet is in excellent shape. At these prices, it represents excellent value.


Price: $9.380
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC
Owned: Yes
2014-11-19 COMMENT Long Run Exploration
LRE-T
John O'Connell, CFA

Extremely high dividend yield of 14%-15%. The company has to do something if the model is not sustainable at these prices. Balance sheets get destroyed and may be having to sell things to pay down debt. If they stopped paying the dividend, he would probably look at this company. They are trapped in this game of having a free lunch in the energy business. His guess is that they are going to sell assets to try to stay sustainable.


Price: $2.730
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC
Owned: No
2014-11-19 SELL Noranda Income Fund
NIF.UN-T
John O'Connell, CFA

Have a ton of trouble on their hands. A classic case of financial engineering going bad. Noranda sold it into this fund at the highest price they possibly could, to make it look like an attractive investment to unsuspecting retail investors. This is a mess.


Price: $2.390
Subject: NORTH AMERICAN - LARGE
Bias: OPTIMISTIC
Owned: No
2014-11-19 COMMENT Precision Drilling
PD-T
Bruce Campbell (2)

With everything that is happening in the energy sector right now, he has taken a bit of a backseat and doesn't have a lot of energy exposure. Certainly a great company and a great management team. If he started to see oil prices stabilize, so that he would know where capital budgets were going to be for exploration companies, it would be a great point to enter back into this company.


Price: $8.590
Subject: CANADIAN
Bias: BULLISH
Owned: No
2014-11-19 PARTIAL SELL Prometic Life Sciences Inc.
PLI-T
Bruce Campbell (2)

Stock has been on a tear. He originally got involved because of their manufacturing businesses. They manufacture plasma from blood, for different drug companies that are used in different drugs. Sees this business continually ramping up over the next few years. Have a number of drugs that are in clinical trials, and if they get approved then the sample size of the amount of plasma they are going to need is going to expand exponentially. Sort of a lottery ticket, because they also have some technologies for orphan drugs, and that is what has really caught the market’s attention. Just issued stock and raised $25 million. Expects there will be some kind of partnership agreement, which could bring in more cash to fund their trials. Going forward, he thinks the stock goes significantly higher. If you own, consider taking some profits and trade the stock. He likes it at the $1.90 level.


Price: $2.050
Subject: CANADIAN
Bias: BULLISH
Owned: Yes
Showing 61 to 120 of 134,253 entries