Table View - Opinions in Detail

Some of the reasons to own gold in the past, such as the global financial crisis, and fears of the US dollar falling to nothing or inflation running away have dissipated. And some of the reasons to sell gold Portugal, Spain. Italy have said they are going to sell their reserves to meet their financial obligations, Cyprus is already doing that. which will put pressure on the price of gold.

Mortgages that the banks don't want, but well secured by the value of the house. They've had a nice correction, by some US hedge fund managers who don't understand the Canadian market, they "are going to loose their shirts by betting against the banks" :)

A very good entry point. Other companies in the same area that are a bit less expensive are Equitable Group or Capital group.  More growth, or upside from the smaller companies.

They are very focused on value added. They won't be buying a company that actually goes out and catches the fish. He would be buying on the pull back.  They will likely increase their dividend once a year every year.

Is the bank he likes to own.

Had owned this from the early days ($1.25) and have recently sold all of it. Last two quarterly earnings were negative growth. They need to make an acquisition.   Under $20 he would buy, but otherwise hold.

They've taken their profits so no longer own it. But still likes it.

Recently purchased. Leading manufacturing of digital and wireless equipment. They have a chip set called snap-dragon which is geared towards the media center, video and television on the smart phone. Thinks tech is a bit undersold at this point.

Is starting to look interesting. Pays 5.6% yeild. Might be oversold right now. Long term should be fine. Telcos are a good place to be in Canada.

Very well managed company. They put the company up for sale last year, but didn't manage to sell it, making you wonder why.  There's not anything wrong with the company, but maybe asking too rich of a price. Stock is expensive. It's not clear.

Yield at 3.6%, they've just had a split and increased their dividend. Dividend will continue to grow 10% a year over the next 3 years.

2009 was the trough, or the worst year ever. Luxury spending is starting to rise again. They are trying to expand into the emerging markets as well. They are under penetrated in the emerging countries. We have things like the Walmarts in the emerging sectors, but not the luxury areas.

A patent technology company. Had a tough year last year, with litigation expensive, which will be seeing the fruits of their labor this year. They sue to make money. Most of the time, things are settled out of courts, they have a few jury trials coming up.

Is a basket of names. He prefers HDV as there is more room for growth. 

Recommended at $66.77 now at $69.64, total return up 6.55% Stroke of bad luck due to bird flu coming into the mix. Those types of things affect things for 2 or 3 quarters, and then they go back to normal. They are highly into developing contries, and are a long term growth name, with some short term bad luck.

Canada is dominated by energies and financials and also the gold sector. He feels that financials have relativily weak earnings going forward. Energies depend on the keystone pipeline being built. Gold has been under a huge strain, gold has been "more or less washed out".

In the US the market is doing very well, up 15% year to date. Will likely continue to do ok.

Large cap investers in Canada need to think long term, 3 to 5 years. Find companies that trade below average multiple of earnings relative to their long term averages. Look for earnings growth and dividend growth in their forecast for the company. If all three things are good then they will take a position.

You don't want to concentrate in any one sector, you should have 6 or 7 sectors to be diversified.

Its price is back at the mid-90's level. Has been a huge disappointment. Thinks it's a high quality business.  They hold considerable debt. Might churn for a while. Thinks it might have a reasonable return going forward, but it all depends on the gold prices.

They used to own it, and have sold it on the way up. He likes the business and management. The stock has risen a lot and there is some weakness in nitrogen pricing. You could buy it here, though because it is a strong business.

50% office 25% industrial, 25% retail, 6.5 % yield

90% of their funds come from their operation.

Mentioned as an alternative to RIE.

US banks are hard to analyse, he looked at 3 banks, Bank of America, JP Morgon and Goldman Sachs.  Bank of America was the hardest to analyse especially because of the real estate assets.  That said, because of the US recovery the opportunity to sell the "gnarly" properties is getting better day by day. Feels Goldman Sachs or JP Morgon is the better investment opportunitiy.

People are waiting to see the new jet.

Three things for sure in life: death, taxes and garbage. As the economy grows there is more garbage. More industrial and residental waste. Has been pretty quiet, then last quarter started showing signs of life. Bin still sees a lot of opportunity for consolidation, so dividends aren't necessarily in the future.

Not his favourite among the banks, but it is a buy.

He likes JP Morgan and Goldman Sachs

Have owned for a few years. Is one of the highest costs producers of oil in the world. Can only be profitable if oil prices stay at the price they are now. Second problem is transportation, which has become much more prohibitive over the last 5 years. If we see natural gas replacing diesel, and shale oil being produced in the US, then CNQ is not in a good place.

Their only rail holding at the moment because it was the cheapest.  About 1/2 the price of CP, so twice as likely to go up in his view.

Used to own it, sold about 4 years ago.  It looks to be in a good place now. A downtrodden stock that has real value. Particularly when things are moving towards natural gas.  The whole fracking thing took the sector by surprise.

Not big on gold. A lot of the problems in the world economy are being resolved or have resolution in sight. Gold miners are totally dependant on the price of gold.

The stock has been a little weak lately. They are an alternative lender. They are well capitalized. Trades at very low multiple to earnings around 9X. Long track record of profitable growth. Thinks the stock is low because of unfounded concerns of a housing price crash.

Market leader in property and casualty business. Stock has been a bit weak lately because of the mandated Ontario auto premium reductions. Likely to earn around $6 a share this year. Payout ratio is about 30%, with a 2.8% dividend yeild. Management has been acquiring businesses, and are likely to continue doing so.

The gold sector has been decimated, and Kinross made some questionable acquisitions.  If gold goes above $1400 per ounce, then you might make some money.

All banks are down. Good quality blue chip stock with over a 4% dividend. Good growth prospects. All Canadian banks are an absolute BUY right now.