Recent Opinions | StockChase
stockchase picture

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

Recent Opinions

Print
Date Signal Company Expert Opinion Price
2016-08-22 BUY Qualcomm
QCOM-Q
John Burke

He likes chip companies because there is always a need for chips.  There were a lot of violations of their patents in China and they are now going after those companies and should do better at getting their revenues.


Price: $62.830
Subject: US EQUITIES
Bias: CAUTIOUS
Owned: Unknown
2016-08-22 COMMENT Qualcomm
QCOM-Q
John Kim

One of the pioneers in wireless and smart phones. The issue in the last few years has been all about growth which has been stalled. They also had issues in China and of not getting paid. It really comes down to a stalling smart phone growth and what do they do. They are sitting on a hoard of cash and they need to buy somebody in order to jumpstart their growth again. There are rumours they are going to get displaced out of some iPhones and Samsung phones.


Price: $62.830
Subject: NORTH AMERICAN
Bias: UNKNOWN
Owned: Unknown
2016-08-22 BUY Spectra Energy
SE-N
John Burke

Spectra Energy Partners (SEP-N) or Spectra Energy (SE-N)? He likes both stocks. These MLP structures are quite complicated. There is generally the General Partner and a Limited Partner. In this one they are separate, and has SE as a general partner and SEP is the Master Limited Partnership. Being separate, the market prefers a company with enterprise products where they are rolled into one company, which it feels eliminates a conflict of interest. This one has outperformed SEP by quite a bit over the past year, so SEP is probably more of the bargain.


Price: $36.110
Subject: US EQUITIES
Bias: CAUTIOUS
Owned: Unknown
2016-08-22 COMMENT Spectra Energy Partners LP
SEP-N
John Burke

Spectra Energy Partners (SEP-N) or Spectra Energy (SE-N)? He likes both stocks. These MLP structures are quite complicated. There is generally the General Partner and a Limited Partner. In SEP they are separate, and has SE as a general partner and SEP is the Master Limited Partnership. The market prefers a company with enterprise products where they are rolled into one company, which it feels eliminates a conflict of interest. SE has outperformed SEP by quite a bit over the past year, so this is probably more of a bargain.


Price: $46.280
Subject: US EQUITIES
Bias: CAUTIOUS
Owned: Unknown
2016-08-22 PARTIAL SELL Southern Company
SO-N
John Burke

Utilities are challenging his company because they seem very expensive right now.  SO-N are in the south eastern US and this is an area with population growth.  He is scaling back.


Price: $52.000
Subject: US EQUITIES
Bias: CAUTIOUS
Owned: Yes
2016-08-22 DON'T BUY Simon Property Group Inc.
SPG-N
John Burke

In the REIT sector, rather than retail.  The market is looking for yield.  He is worried about this because of Amazon and because REITs have had a lot of a run up. 


Price: $212.490
Subject: US EQUITIES
Bias: CAUTIOUS
Owned: Unknown
2016-08-22 DON'T BUY StoneMor Partners LP
STON-N
John Burke

A Master Limited Partnership, meaning they pay no taxes.  Cemetary business.  Own it if you are income oriented, because it has a high dividend.  It has not been a growth company, so he prefers higher income companies.   Dividend growth is the surest way to make money. He prefers 3% dividend and 6%-8% earnings yield, expecting that some of that earnings would translate into dividend growth.


Price: $24.520
Subject: US EQUITIES
Bias: CAUTIOUS
Owned: No
2016-08-22 HOLD Teva Pharmaceutical
TEVA-N
John Kim

Trading at 9X forward earnings. Acquired Allergan’s (AGN-N) generic business, which was a good deal for Allergan, which got rid of a business that was non-core. It gave Teva massive scale, which is the #1 in generics, and they can take out a lot of costs. The issue for the generics is the headwinds of pricing, especially in the US. This is why the sector is down and hasn’t been able to move forward. Both US presidential nominees have bashed the pharmaceutical industry, especially for a fair number of the generics. Once we are over that and things calm down, this should probably start to re-rate itself and the whole sector will re-rate higher. A great company to hold.


Price: $53.480
Subject: NORTH AMERICAN
Bias: UNKNOWN
Owned: Unknown
2016-08-22 DON'T BUY Tesla Motors Inc
TSLA-Q
John Burke

They have a challenge in making a change to how cars are powered.  They are now going into the solar business which is always a money losing business.


Price: $222.930
Subject: US EQUITIES
Bias: CAUTIOUS
Owned: Unknown
2016-08-22 PAST TOP PICK Time Warner Inc
TWX-N
John Burke

(Top Pick May 11/16, Up 9.12%) Consumer discretionary.  There were fears that Netflix was the new model and so the stock was down.  The content creators were still going to do fine.  Great numbers and it should grow over the next couple of years at least 20%.  PE is 10-15% below the market. 


Price: $80.510
Subject: US EQUITIES
Bias: CAUTIOUS
Owned: Yes
2016-08-22 COMMENT Visa Inc.
V-N
John Kim

This and MasterCard (MC-N) are the great duopolies of the world. Both have introduced their debit versions of their credit card franchises. Credit card transactions are on the rise. They recently acquired Visa Europe. If you have a 3-5 year horizon, this is a good purchase and it will give you a decent rate of return.


Price: $81.060
Subject: NORTH AMERICAN
Bias: UNKNOWN
Owned: No
2016-08-22 HOLD Viacom Inc.
VIAB-Q
John Burke

The founder is 93 years of age and is reluctant to give up control even though he is far from capable of running the company.  If he passes on then you could make a lot of money in the company.  It is a cheap stock.


Price: $41.740
Subject: US EQUITIES
Bias: CAUTIOUS
Owned: Yes
2016-08-22 DON'T BUY iUnits S&P/TSX 60 ETF
XIU-T
Larry Berman CFA, CMT, CTA

TSX-60.  He was pretty sure at the beginning of the year that Canada would outperform because of oil bouncing back.  He does not see a lot of upside because the market is valuing oil stocks now with oil at $60.  It is not a good time to step in.  He could still be wrong going forward.


Price: $21.640
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: Unknown
2016-08-22 TOP PICK XPO Logistics, Inc
XPO-N
John Kim

A US logistics company. They will route and ship whatever products for you. This includes where it will be picked up, how it gets transported, and where it is going, as well as handling all the custom forms and way bills that are needed. They also own Conway Trucking which they bought last year in order to do the “last mile”. They’ve reached the inflection where they are starting to generate free cash flow now. Management has guided $500-$800 million of free cash flow in 2018, and that is on a $4 billion market cap company. You are either going to get a 25% upside or it could be a double by 2018.


Price: $36.460
Subject: NORTH AMERICAN
Bias: UNKNOWN
Owned: Yes
2016-08-22 COMMENT iShares S&P/TSX Cap. Cons. St.
XST-T
John Kim

The Canadian consumer staple index and has only a handful of names. People have gravitated towards this because they see stable revenues and stable cash flows. For that stability, they have afforded them really big multiples. For whatever period your holding is, that multiple must not shrink. Even if their earnings goes up, if the multiple shrinks fast enough, the stocks will come down.


Price: $55.650
Subject: NORTH AMERICAN
Bias: UNKNOWN
Owned: Unknown
2016-08-22 BUY on WEAKNESS BMO Covered Call Utilities ETF
ZWU-T
Larry Berman CFA, CMT, CTA

Pipeline stocks with Democrats staying in power.  This is a reference to keystone.  Trump is in favour, Hillary is not.  The valuation is not great right here.  ZWU-T in this sector he likes.  You are diversified and they are all high dividend payers and the ETF has a covered call overlay however if interest rates were going up then this would perform poorly.  He would add to this ETF on weakness.


Price: $14.070
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: UNKNOWN
Owned: Yes
2016-08-19 N/A A Comment -- General Comments From an Expert
A Commentary
Jason Del Vicario

Markets. He looks for companies that can produce consistently high returns on equities, greater than 20% for 3 years running. The number that meet that criteria are relatively small. A lot of people are attracted to high dividend players, because the alternative in the fixed income market is getting lower and lower, and interest rates are getting pushed down. Prefers companies that don’t pay a dividend. If a company has an ROE of 20%, he would rather they take that net income and reinvest it back into the business. Has been very leery of the central bank manipulation of asset prices, namely through artificially low interest rates and quantitative easing coming out of 2008. It is difficult to get a sense for what the true price of stocks, bonds, fine wines, etc. should be after all the stimulus from Central banks. At some point, when rates do rise or the quantitative easing programs are pulled, he thinks we will get a sense for what the actual prices are. The problem is, none of us know when this is going to happen. Given that rates are so low, we are forced to go further along the risk spectrum in order to generate returns.


Price: $0.020
Subject: NORTH AMERICAN (GROWTH)
Bias: CAUTIOUSLY OPTIMISTIC
Owned: _N/A
2016-08-19 N/A A Comment -- General Comments From an Expert
A Commentary
Michael Smedley

Markets. We are not going to have a rate increase, and we are stuck in a rut. They tried to kill inflation in the 1970s, and succeeded so well that nothing will move anymore. He thinks the market will be much the same. It will be patchy and subject to revival, particularly in Canada, in its very special powerful sectors just as mining, particularly gold and silver, have gone. Oil/gas is being quite constructive in several different ways, and at some point that sector will rise again.


Price: $0.020
Subject: CANADIAN
Bias: UNKNOWN
Owned: _N/A
2016-08-19 COMMENT A Comment -- General Comments From an Expert
A Commentary
Michael Smedley

Precious metals. The sector is not too expensive and still has room to run. Charts indicate there is still plenty of room on the upside. The companies, through the desperate times, have reconstructed themselves. Many companies in the gold sector are seeing decent cash flows, and are able to acquire scarce assets.


Price: $0.020
Subject: CANADIAN
Bias: UNKNOWN
Owned: Unknown
2016-08-19 COMMENT Absolute Software Corp.
ABT-T
Michael Smedley

Sold his holdings some time ago, and has not gotten back into it. He is not enamored with this company.


Price: $7.890
Subject: CANADIAN
Bias: UNKNOWN
Owned: No
2016-08-19 HOLD Agnico-Eagle Mines
AEM-T
Michael Smedley

This company is great. It is probably the smallest of the major golds. Has had trouble with some of its Canadian domestic mines and has rectified things brilliantly. It has now expanded into Latin America with about 5 mines. The stock has done better than the others over the longer-term. A nice hold if you are not going to worry about short-term corrections.


Price: $72.210
Subject: CANADIAN
Bias: UNKNOWN
Owned: Unknown
2016-08-19 BUY on WEAKNESS Amazon.com
AMZN-Q
Jason Del Vicario

He just doesn’t understand this one. Trading at a P/E ratio of a few hundred. The stock has done tremendously well and are dominating online retailing. From his perspective, the stock is overvalued, but it has been overvalued for the last 10 years. If you have your eye on this, he would wait for a pullback.


Price: $757.310
Subject: NORTH AMERICAN (GROWTH)
Bias: CAUTIOUSLY OPTIMISTIC
Owned: No
2016-08-19 TOP PICK Alimentation Couche-Tard (B)
ATD.B-T
Jason Del Vicario

It seems this company is in the running to acquire CFT Brands in the US. This is an excellent allocator. If they can do this acquisition, they should break to new highs. Dividend yield of 0.5%.


Price: $62.150
Subject: NORTH AMERICAN (GROWTH)
Bias: CAUTIOUSLY OPTIMISTIC
Owned: Yes
2016-08-19 WAIT Avigilon Corp
AVO-T
Jason Del Vicario

This is in the surveillance business. They meet his criteria, but he doesn’t own it because the stock has been technically weak. They seem to be chronically undervalued, but is not sure why. He would wait for more technical strength in the stock.


Price: $9.620
Subject: NORTH AMERICAN (GROWTH)
Bias: CAUTIOUSLY OPTIMISTIC
Owned: No
2016-08-19 COMMENT Amaya Gaming Group Inc.
AYA-T
Jason Del Vicario

This no longer meets his criteria. Gaming stocks make him nervous because they operate in a space that is heavily regulated which he has little control over.


Price: $20.950
Subject: NORTH AMERICAN (GROWTH)
Bias: CAUTIOUSLY OPTIMISTIC
Owned: No
2016-08-19 COMMENT Bee Vectoring Technologies International
BEE-X
Michael Smedley

This has some very competent people and scientists. They dust the legs of the bees and go in the fields. His best hope is that a large chemical company would want to acquire this.


Price: $0.350
Subject: CANADIAN
Bias: UNKNOWN
Owned: Yes
2016-08-19 PAST TOP PICK Airboss of America
BOS-T
Michael Smedley

(A Top Pick Aug 5/15. Down 44.52%.) Was really surprised at how poorly this one had done. To a large degree he thinks it is the way the market is treating the stock.


Price: $13.390
Subject: CANADIAN
Bias: UNKNOWN
Owned: Yes
2016-08-19 BUY Brookfield Property Partners
BPY.UN-T
Jason Del Vicario

This is not on his radar. He is impressed with how they go about their business. Very good operators and very good capital allocators.


Price: $30.470
Subject: NORTH AMERICAN (GROWTH)
Bias: CAUTIOUSLY OPTIMISTIC
Owned: No
2016-08-19 COMMENT Canfor Corp
CFP-T
Jason Del Vicario

His style of investing usually leads him away from resource focused stocks, because they are cyclical and his requirement that they have a cash ROE greater than 20% over the last 3 years. However, this company has come through his screen and their cash ROE is just shy of 21%, so if he were to own one, this would be it.


Price: $14.890
Subject: NORTH AMERICAN (GROWTH)
Bias: CAUTIOUSLY OPTIMISTIC
Owned: No
2016-08-19 COMMENT Canopy Growth Corp.
CGC-T
Michael Smedley

They have been raising money, and this appears to be related to a general effective promotion related to the regular tourist side of things under the Trudeau government. Although he holds it, he is not a convicted believer in it.


Price: $3.860
Subject: CANADIAN
Bias: UNKNOWN
Owned: Yes
2016-08-19 BUY Cineplex Inc
CGX-T
Jason Del Vicario

Cash ROE is about 35% and their ROE/PE metric is almost 3. You would think that Netflix and online video challenges would hurt them, but that doesn’t seem to be the case. He wouldn’t have a problem owning this.


Price: $51.420
Subject: NORTH AMERICAN (GROWTH)
Bias: CAUTIOUSLY OPTIMISTIC
Owned: No
2016-08-19 COMMENT Canadian Natural Rsrcs
CNQ-T
Michael Smedley

This is one that a person should own for the long-term. One of the best, and always has been, in the Canadian market. You have to be patient and hold it long-term.


Price: $41.770
Subject: CANADIAN
Bias: UNKNOWN
Owned: No
2016-08-19 BUY Costco Wholesale
COST-Q
Jason Del Vicario

This is on his radar screen. They have an excellent business model. The majority of their revenues and profits come from the memberships they sell. Margins are relatively low. The type of stock you could put in your portfolio and not look at for years. Dividend yield of 1%+.


Price: $168.020
Subject: NORTH AMERICAN (GROWTH)
Bias: CAUTIOUSLY OPTIMISTIC
Owned: No
2016-08-19 HOLD Canadian Pacific Rail
CP-T
Jason Del Vicario

Has a cash ROE of about 45%, and this divided by the PE is about 3.5%, which is healthy and above the level of 2 that he likes to see. With consistent ROE generators, you want to hold them. However, at some point we are going to have another recession, and this will be a bit challenged, at which point it would be a good time to add to your holdings.


Price: $196.100
Subject: NORTH AMERICAN (GROWTH)
Bias: CAUTIOUSLY OPTIMISTIC
Owned: No
2016-08-19 COMMENT CRH Medical Corp.
CRH-T
Jason Del Vicario

They have a product that they have been marketing and selling for some time, and are taking the cash flow from that and putting it into acquiring anaesthesiology clinics in the US. Feels this is quite undervalued given their growth prospects. They are growing their bottom line by 30% a year. He likes this a lot.


Price: $4.750
Subject: NORTH AMERICAN (GROWTH)
Bias: CAUTIOUSLY OPTIMISTIC
Owned: Yes
2016-08-19 DON'T BUY Concordia Healthcare
CXR-T
Jason Del Vicario

Had owned at one point, but was stopped out at $86. They have a high ROE, and are very attractively valued right now. There are better opportunities in pharmaceuticals. He wouldn’t touch it at these levels.


Price: $11.830
Subject: NORTH AMERICAN (GROWTH)
Bias: CAUTIOUSLY OPTIMISTIC
Owned: No
2016-08-19 DON'T BUY Concordia Healthcare
CXR-T
Michael Smedley

Thinks they might have got started here in part, by clever UK guys who sold them the UK company. There are some other issues as well. He is going to continue to Hold but would not consider it as a Buy now.


Price: $11.830
Subject: CANADIAN
Bias: UNKNOWN
Owned: Yes
2016-08-19 PAST TOP PICK Ceapro Inc.
CZO-X
Jason Del Vicario

(A Top Pick July 4/16. Up 32.68%.) Has some very interesting patented technologies which removes an active ingredient from oats which is used in moisturizers. They also have a PGX technology that enables them to offer that product in a powder form. Growing their top and bottom lines very well. Has a new plant that should increase productivity 10X.


Price: $1.990
Subject: NORTH AMERICAN (GROWTH)
Bias: CAUTIOUSLY OPTIMISTIC
Owned: Yes
2016-08-19 TOP PICK Ceapro Inc.
CZO-X
Jason Del Vicario

Growing their top and bottom lines very well and are in a very, very interesting space. What he likes most is that their technology is patented, so they are able to license it out and collect royalties, as well as producing the products.


Price: $1.990
Subject: NORTH AMERICAN (GROWTH)
Bias: CAUTIOUSLY OPTIMISTIC
Owned: Yes
2016-08-19 COMMENT Ceapro Inc.
CZO-X
Michael Smedley

This sounds a bit sensible. Lots of imagination. It is probably very good, but you have to check with him again in the month’s time after he has had a look at it.


Price: $1.990
Subject: CANADIAN
Bias: UNKNOWN
Owned: No
2016-08-19 TOP PICK Data Communications Management
DCM-T
Jason Del Vicario

This is a “value” pick. Trading at about 4X earnings. They went through an extensive restructuring earlier in the year. However, coming out of this restructuring, they got an excellent CEO, who has not only agreed to stay on to see the company through the next phase of their restructuring, but also made a significant investment in the company. Revenues have not been increasing at a rate he would like. Some of their business is related to areas that are perhaps declining. A negative overhang would be an impending postal strike. If they are able to continue with the restructuring and pay down the debt, he could easily see the valuation north of $10.


Price: $3.700
Subject: NORTH AMERICAN (GROWTH)
Bias: CAUTIOUSLY OPTIMISTIC
Owned: Yes
2016-08-19 PAST TOP PICK Detour Gold
DGC-T
Michael Smedley

(A Top Pick Aug 5/15. Up 165.56%.) He is surprised that this didn’t move much better, because it is a 500,000-600,000 ounce producer.


Price: $31.860
Subject: CANADIAN
Bias: UNKNOWN
Owned: Yes
2016-08-19 HOLD DHX Media
DHX.B-T
Michael Smedley

A great model, and a very, very important company globally. It has captured everything outside of the Disney (DIS-N) type level in children’s programming. There is nothing he can identify that is wrong with this company. The quality continues. Sometimes you have to exhibit patience.


Price: $7.830
Subject: CANADIAN
Bias: UNKNOWN
Owned: Yes
2016-08-19 PAST TOP PICK Dollarama Inc.
DOL-T
Jason Del Vicario

(A Top Pick July 4/16. Up 7.23%.) A classic example of a stock that has had a big move, and had been trading sideways for the better part of the year. Recently broke into new highs, and was supported by good volume. Probably the best retailer in Canada.


Price: $97.300
Subject: NORTH AMERICAN (GROWTH)
Bias: CAUTIOUSLY OPTIMISTIC
Owned: Yes
2016-08-19 BUY EnerCare Inc
ECI-T
Jason Del Vicario

This meets his criteria. Their cash ROE is just short of 40%, and their ROE/PE metric is around 4, both very favourable metrics.


Price: $18.680
Subject: NORTH AMERICAN (GROWTH)
Bias: CAUTIOUSLY OPTIMISTIC
Owned: No
2016-08-19 COMMENT Facebook
FB-Q
Jason Del Vicario

Have in excess of 1.2 billion daily users. Very strong ROE generator. Even though the stock price is probably a bit overvalued, and the PE ratio is in the 70%-80% range, they are at least backing it up in earnings growth. Doing a great job of assimilating their acquisitions into their social media empire. He likes this a lot.


Price: $123.560
Subject: NORTH AMERICAN (GROWTH)
Bias: CAUTIOUSLY OPTIMISTIC
Owned: Yes
2016-08-19 COMMENT Franco-Nevada Corp.
FNV-T
Jason Del Vicario

If he were to own a gold stock, which are on his radar right now, it would either be this or Silver Wheaton (SLW-T) on the silver side, because they have a royalty model. They don’t have the exploration or mine operating risks that others have. This is very well-run and he likes their business model.


Price: $99.800
Subject: NORTH AMERICAN (GROWTH)
Bias: CAUTIOUSLY OPTIMISTIC
Owned: No
2016-08-19 HOLD Goldcorp Inc
G-T
Michael Smedley

If you are looking very, very carefully at your capital, you might look at an Agnico-Eagle (AEM-T) for its past record which has tended to be better than the other big ones.


Price: $23.560
Subject: CANADIAN
Bias: UNKNOWN
Owned: Unknown
2016-08-19 COMMENT General Electric
GE-N
Jason Del Vicario

Given that this is such a big company, it is difficult for them to move the needle in terms of increasing earnings at a rate that he looks for. However, if you are looking for steady company that is going to be around in 3-5 years, it is probably a safe bet. On the way he constructs portfolios, this is one he would be avoiding.


Price: $31.250
Subject: NORTH AMERICAN (GROWTH)
Bias: CAUTIOUSLY OPTIMISTIC
Owned: No
2016-08-19 COMMENT Knight Therapeutics
GUD-T
Michael Smedley

Not a lot to say on this. It has production, and it has tremendous links through the Pharma world. It will secure more opportunities. It is in no way an endangered company.


Price: $8.440
Subject: CANADIAN
Bias: UNKNOWN
Owned: Yes
2016-08-19 COMMENT Home Capital Group
HCG-T
Michael Smedley

Thinks the prospects for this are good. It is the senior company in nonprime lenders. He knows of nothing wrong with this company. They had to get rid of some of their brokers at one time.


Price: $28.040
Subject: CANADIAN
Bias: UNKNOWN
Owned: Unknown
2016-08-19 COMMENT High Liner Foods
HLF-T
Michael Smedley

Surprised everyone by coming out with some excellent earnings. They’ve made considerable progress in several areas. Have about 5 things working for them all at once. Made a tremendous transition from fishing on the east coast to value-added processing in the North American market. They supply about 10% of the US market and 50% of the Canadian market.


Price: $24.210
Subject: CANADIAN
Bias: UNKNOWN
Owned: Yes
2016-08-19 COMMENT Industrial-Alliance Life Ins
IAG-T
Jason Del Vicario

This is on the life insurance side as well as money management, mutual funds, etc. Lifecos are really challenged in operating in this low interest rate environment. This doesn’t meet his criteria.


Price: $44.910
Subject: NORTH AMERICAN (GROWTH)
Bias: CAUTIOUSLY OPTIMISTIC
Owned: No
2016-08-19 TOP PICK Intertain Group
IT-T
Michael Smedley

A very unusual situation. It has gone through an interesting renovation with a new management, after the 1st management created lots of acquisitions, boosted the sales line up to about $500 million. A very serious social gambling type company. The newcomers are 2 Brits who have come out from the very much bigger British sector. They are going to take it back to the UK where it should belong, where it will stand out as the great gaming company for the ladies mainly. (Bingo)


Price: $11.090
Subject: CANADIAN
Bias: UNKNOWN
Owned: Yes
2016-08-19 DON'T BUY Manulife Financial
MFC-T
Jason Del Vicario

Expects interest rates to go lower, which would be a major headwind for financial companies. This has large operations, not only in Canada, but also in Asia and the US.


Price: $17.360
Subject: NORTH AMERICAN (GROWTH)
Bias: CAUTIOUSLY OPTIMISTIC
Owned: No
2016-08-19 COMMENT Magna Int'l. (A)
MG-T
Michael Smedley

The sector has rolled down a bit generally, so you are going through a short-term cycling down, but this is one of Canada’s greatest companies. It is global including China and Europe. You could buy this for the long-term.


Price: $52.080
Subject: CANADIAN
Bias: UNKNOWN
Owned: Yes
2016-08-19 COMMENT Mountain Province Diamonds Inc.
MPV-T
Michael Smedley

Diamonds. This just rolls on. When he bought it, it was 24% prospective yield on the basis of the 3 Irish billionaires who control the company, who simply wanted dividends out of it. It is readying and going into production shortly. He is still very positive on this.


Price: $6.530
Subject: CANADIAN
Bias: UNKNOWN
Owned: Yes
2016-08-19 HOLD Morguard Corporation
MRC-T
Michael Smedley

One of his best holdings. This is an amazing company in real estate. A special blue-chip. It has a really good team working for it.


Price: $180.610
Subject: CANADIAN
Bias: UNKNOWN
Owned: Yes
2016-08-19 COMMENT New Flyer Industries Inc.
NFI-T
Jason Del Vicario

Recently acquired Motor Coach International, a fairly large acquisition, and are now the largest producer of buses in North America. Valuation is a bit stretched, and has been waiting for a pullback. If you have a longer than 2-3 year time horizon, you could Buy at these levels.


Price: $43.950
Subject: NORTH AMERICAN (GROWTH)
Bias: CAUTIOUSLY OPTIMISTIC
Owned: No
2016-08-19 COMMENT Noranda Income Fund
NIF.UN-T
Michael Smedley

Had bought this for its extraordinarily high dividend. Is there a zinc situation that is going to run through this company when the time comes? He just continues collecting his money. Dividend yield of 11%.


Price: $2.680
Subject: CANADIAN
Bias: UNKNOWN
Owned: Yes
Showing 241 to 300 of 155,581 entries
<< < 3 4 5 6 7 > >>