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

Table View - Opinions in Detail

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Implied Signal Stock Symbol Company Comment Source Program Airdate Airdate Price Opinions $ Goal Expert Program Topic Expert's Bias Own or Relationship Actions
  
DON'T BUY HCG-T Home Capital Group Market Call Tonight (BNN TV) 2015-07-29 $28.400

Just reported and it wasn’t a bad one. There are a lot of question marks about the quality of the loans they’ve been given. At the request of the Ontario Securities Commission, they had to let about 45 brokers go. They say that income data was falsified on mortgages representing $960 million, which is about 5.6% of their outstanding loan assets in 2014. The company doesn’t expect there will be big credit losses.

James Telfser CANADIAN UNKNOWN No View
SELL INP-X Input Capital Corp Market Call Tonight (BNN TV) 2015-07-29 $2.330

Were never able to generate what they said they were going to generate in cash flows on canola crops. That is the nature of a commodity type business like this. Expects the drought is not helping. If he were in it, he would probably move elsewhere.

James Telfser CANADIAN UNKNOWN No View
COMMENT ITP-T Intertape Polymer Group Market Call Tonight (BNN TV) 2015-07-29 $18.840

A great turnaround company. On his list of names that he likes. They have a new plant that is opening up in the Carolinas, which will take on a large amount of their capacity, which he thinks is going to drive margins further ahead than what the analysts are estimating. He likes the stability in their business. Generates a lot of free cash flow. Nice 3% dividend yield that is growing. A high-quality name to own.

James Telfser CANADIAN UNKNOWN No View
HOLD LNR-T Linamar Corp Market Call (BNN TV) 2015-07-29 $80.000

Right now the automotive sector seems to be firing on all cylinders and he sees sales, particularly in North America, at a very high level. In this environment, the automotive parts companies are doing very well, and a lot of their pricing is in US$’s. In the long term, more and more of these companies are going to benefit from outsourcing. They also own Sky Jack where sales have been picking up with improving margins.

Michael Sprung CANADIAN LARGE UNKNOWN Yes View
COMMENT MDA-T MacDonald Dettwiler & Assoc. Market Call Tonight (BNN TV) 2015-07-29 $82.060

A great company. The chart is looking quite attractive. Has a dividend yield of about 2%. They haven’t announced any satellite wins other than 1 this year. He wants to invest in great, solid companies that generate free cash flow with good ROEs at a good valuation when the backlog has really come off. This is exactly what he is seeing on this right now. It is close to the top of his buy list.

James Telfser CANADIAN UNKNOWN No View
TOP PICK MFC-T Manulife Financial Market Call (BNN TV) 2015-07-29 $22.980

Since the financial crisis, management has done a wonderful job of de-risking the company and making it less dependent on market trends, generating more fee income and turning it more into a wealth management company. Has opertations in Canada, the US and Asia. The operations in Asia seem to be growing quite rapidly. Recently paid about $1.2 billion up front for long-term distribution of products, which is going to serve them well in years to come. Will do very well with interest rate hikes, and he expects more dividend increases over the coming years. Dividend yield of 2.99%.

Michael Sprung CANADIAN LARGE UNKNOWN Yes View
TOP PICK MNW-T Mitel Networks Market Call Tonight (BNN TV) 2015-07-29 $12.010

A free cash flow type company that is getting a little bit more on the growthier side with the recent acquisition of Mavenir. Believes that after reporting a few quarters with Mavenir, which is growing at 25%+, you are going to see revenue growth going from 1%-3% to maybe 5%-6%. That is going to cause a re-rating in the shares if they can execute on that, which he believes they can. Trading at 9X earnings. In an environment, where he is having a hard time finding stocks trading below 15X, this name really stands out as being depressed, undervalued and underfollowed.

James Telfser CANADIAN UNKNOWN Yes View
COMMENT MRE-T Martinrea Market Call Tonight (BNN TV) 2015-07-29 $13.530

There has always been a problem in that it doesn’t ever get up to that same bar as the others. When you buy a stock like this you have to roll with the punches. They are going to miss a couple of quarters and are not going to execute perfectly. He is not interested in this. Would prefer Linamar (LNR-T) or Magna (MG-T).

James Telfser CANADIAN UNKNOWN No View
COMMENT NA-T National Bank of Canada Market Call (BNN TV) 2015-07-29 $45.520

A bit more of a domestic Canadian bank, but has been very successfully diversifying out West, which is maybe not as big a positive now as it was a year ago. Probably a fairly safe holding. Very generous dividend yield of about 4.7%.

Michael Sprung CANADIAN LARGE UNKNOWN No View
COMMENT NFI-T New Flyer Industries Inc. Market Call (BNN TV) 2015-07-29 $16.300

This was recently a Top Pick of his, but has gone up since then. At $15 or under, it would be a really good buy. They are getting more and more revenues from their parts and service business which they have diversified into. One of the major bus manufacturers in North America, and are going to participate as cities have to not only renew, but expand their transportation fleets. Pays about 3.5% dividend yield.

Michael Sprung CANADIAN LARGE UNKNOWN Yes View
PARTIAL SELL PBH-T Premium Brands Holdings Corp Market Call Tonight (BNN TV) 2015-07-29 $33.810

On his list of companies that he really likes better trading at high valuations. Likes it a lot and thinks they are in a great spot to benefit from a lot of the trends that are happening. There are some risks to the name as well. If you own, consider taking some off the table. Feels the balance sheet is over levered at 4X.

James Telfser CANADIAN UNKNOWN No View
COMMENT PHM-X Patient Home Monitoring Market Call Tonight (BNN TV) 2015-07-29 $1.010

Michael Dalsin launched a fund where he is putting some of his shares with another portfolio manager, where they are going to go after other deals similar to this. It looks like they sold a significant amount of shares which scared a lot of investors. He ended up exchanging them for units in the fund. On any kind of growth name like this, you have to be careful. You have to let these things shake out and don’t panic, and believe in the fundamentals of the company.

James Telfser CANADIAN UNKNOWN No View
WAIT PKI-T Parkland Fuel Corp Market Call Tonight (BNN TV) 2015-07-29 $23.480

He likes the name, the dividend and management very much. They have been executing extremely well on their growth plan. Have hit every single target that they set for themselves. This is reflected now in the valuation. He thinks there is some risk to earnings potentially, so you will probably be able to get in at a better valuation.

James Telfser CANADIAN UNKNOWN No View
DON'T BUY PPL-T Pembina Pipeline Corp Market Call Tonight (BNN TV) 2015-07-29 $37.290

Stock chart doesn’t look that great and he has always thought they were a little bit overvalued, particularly where oil prices have come. Have a lot of projects in the pipeline, but he doesn’t think they are all going to come through. He would suggest Enbridge (ENB-T) instead.

James Telfser CANADIAN UNKNOWN No View
COMMENT SOX-T Stuart Olson Inc Market Call (BNN TV) 2015-07-29 $6.370

Within the engineering realm of companies, this is a little bit higher risk/higher return kind of scenario. Believes they will survive. They have worked through a lot of their projects which had fixed-price contracts. Have higher priced contracts coming on stream going forward. Unfortunately, they do a lot of work in Alberta with a lot of it tied to the energy patch. For that part of your portfolio where you are willing to take a little bit more risk and perhaps hold it a little bit longer to seek a higher return, this is all right. Dividend of 7.8% is probably fairly safe for the time being.

Michael Sprung CANADIAN LARGE UNKNOWN Yes View
TOP PICK SU-T Suncor Energy Inc Market Call (BNN TV) 2015-07-29 $34.620

Canada’s largest integrated oil/gas company. Have significant operations in the oil sands, which is holding them back for the time being, but they make a great deal of their operating profit from downstream operations. Right now refining and margins downstream are doing quite well. Excellent balance sheet with the wherewithal to take advantage of weaker competitors. Likes this as a long-term hold. Dividend yield of 3.35%.

Michael Sprung CANADIAN LARGE UNKNOWN Yes View
WAIT SU-T Suncor Energy Inc Market Call Tonight (BNN TV) 2015-07-29 $34.620

Has always liked this and it is on his list of names to play in the event of a recovery in the next few years. Still sees some downside to it, but they have the downstream assets to offset a lot of the losses that they are seeing in the oil sands. It has all of the things you need in a name if you are investing in a depressed asset. Wait for a better entry point.

James Telfser CANADIAN UNKNOWN No View
PAST TOP PICK SVC-T Sandvine Corp. Market Call Tonight (BNN TV) 2015-07-29 $3.620

(A Top Pick Sept 12/14. Up 19.9%.) Traffic optimization on the Internet. If you need more broadband somewhere, they can manage the traffic. They also do deep packet inspection for the telcos. It is extremely well received outside of North America. He thinks the next step is for that to happen in North America, and this company is a leader.

James Telfser CANADIAN UNKNOWN Yes View
BUY TCN-T Tricon Capital Group Market Call Tonight (BNN TV) 2015-07-29 $11.290

A fantastic story and are building this from the ground up. They are buying land, selling it off and developing it. They own pieces of it and are doing a great job of monetizing the assets. There is a lot of institutional money that is looking for a place to go, and they are benefiting from this. Just announced they are starting to develop some high-end multi-residential buildings in the US as well as a couple in Toronto. Still a lot of room for this to grow.

James Telfser CANADIAN UNKNOWN Yes View
BUY WN-T George Weston Ltd. Market Call (BNN TV) 2015-07-29 $108.490

He likes this company. The largest component is Loblaw’s (L-T) which is doing very well right now. As of late, the performance of Weston has lagged, so he thinks there is a real opportunity in that the bakery business and their other operations seem to be doing a little bit better, and are primarily located in the US. They own a significant portion of assets in the US and have a very rich balance sheet with lots of cash. Have been known over the years to occasionally pay a large special dividend. He thinks it can go up from here.

Michael Sprung CANADIAN LARGE UNKNOWN Yes View
COMMENT YRI-T Yamana Gold Inc. Market Call (BNN TV) 2015-07-29 $2.580

They still seem to have the cash flow to cover their dividend. People are questioning what is going to happen to the reserves at Cerro Morro. The Malartic mines seem to be doing well. This is not really a low cost producer. If he were to see gold go under $1000 an ounce, a lot of these companies would be beat up even more, and we are not that far away from there.

Michael Sprung CANADIAN LARGE UNKNOWN Unknown View
COMMENT A Commentary A Comment -- General Comments From an Expert Market Call (BNN TV) 2015-07-28 $0.020

Resources. The rout has now gone on for so long and has been so destructive. He has to force himself to actually get positive, because all the news is so bad that the resource sector has the ability to reset and is starting to see levels where they should be starting to reset. Hard to find anybody that is positive in anything. It is still high quality that he looks for. He is trying to be positive on the sector, but it wouldn’t surprise him if the main 10 stocks still went down to a final capitulation. He is trying to model everything out 3 years from now, and is trying to survive to get there. The balance sheet and not having a lot of debt are the most important things.

Bill Harris, CFA RESOURCE BEARISH on RESOURCES Unknown View
N/A A Commentary A Comment -- General Comments From an Expert Market Call Tonight (BNN TV) 2015-07-28 $0.020

Markets. We had 6 good years and a lot of stocks were getting expensive, so it was tougher to find names that were still trading reasonably cheap. With the correction, we are going to see a lot more opportunities over the next few months. Energy and materials is more of a trading situation right now and is in the process of finding a bottom. In the medium to long term, 2 or 3 years, he has no doubt that oil and natural gas prices will be higher. Even gold and metal prices will be higher. However, there is a process, because we are still in a transition where supplies need to be checked and the demand needs to be devolved, and that takes a little while. He is opportunistically looking for names that he likes, which he thinks can sustain at even these low prices. This down market is natural and gives a better opportunity to buy. He expects to be fully invested over the next few months and is looking for an upturn into the end of the year.

Jim Huang NORTH AMERICAN OPTIMISTIC _N/A View
DON'T BUY ATH-T Athabaska Oil Sands Corp Market Call (BNN TV) 2015-07-28 $1.420

In the last 48 hours, everything has been ripped through and getting so beaten up that he is trying to find what could come out of this. This is probably not where you want to go first. They have big construction. There is no real clarity on it. It still comes up with some question marks.

Bill Harris, CFA RESOURCE BEARISH on RESOURCES Unknown View
COMMENT BAD-T Badger Daylighting Market Call Tonight (BNN TV) 2015-07-28 $23.490

Had not been bullish on this company because it was expensive and possible competition coming in. Since then, the stock has been cut by half and he has been getting more interested in it. They are hydro-vac people with a lot of exposure to the US. What is holding the company back is clearly their energy exposure and he still needs to figure out how much downside there is. This is getting more interesting.

Jim Huang NORTH AMERICAN OPTIMISTIC No View
COMMENT BAM.A-T Brookfield Asset Management (A) Market Call Tonight (BNN TV) 2015-07-28 $44.580

Smart management team. Proven executors. This is why they get a premium valuation. Not a cheap stock, but if you believe management will continue to discover opportunities to increase fee revenues going forward, it’s a good long term hold.

Jim Huang NORTH AMERICAN OPTIMISTIC Yes View
HOLD BB-T BlackBerry Market Call Tonight (BNN TV) 2015-07-28 $10.070

In the last couple of years, they have had new management, a shifting of focus and new products. Product has been somewhat lacklustre. Their phones are decent, but they haven’t had huge upticks. It is hard to compete with others. The issue right now is their transition to software focus, but that will take time. The good thing about this company right now is that they have a lot of cash. This will be more of a trading stock between now and the next little while.

Jim Huang NORTH AMERICAN OPTIMISTIC Unknown View
COMMENT BBD.B-T Bombardier Inc (B) Market Call Tonight (BNN TV) 2015-07-28 $1.820

This is a company with 2 sides. Railway equipment and aerospace. They have been spending a lot of energy in developing their new C series airplanes. Raised money earlier this year to improve their financial position, and there has been a lot of dissension. They now have new management and a new sales force. The critical thing for the next 12 months is to get more orders for the C series. If they can get that going, he thinks the company can turn around. It’s a critical junction for the next 12-18 months.

Jim Huang NORTH AMERICAN OPTIMISTIC No View
TOP PICK BLX-T Boralex Inc. Market Call (BNN TV) 2015-07-28 $13.680

Has great long-term contracts and a very steady cash flow. They seem to be incrementally adding 2%-4% value per year. He feels he can double his money every 10 years. Yield of 3.84%.

Bill Harris, CFA RESOURCE BEARISH on RESOURCES Yes View
COMMENT BTE-T Baytex Energy Corp Market Call Tonight (BNN TV) 2015-07-28 $11.630

This had the misfortune of buying a US asset at the peak of the market. The assets they bought are good quality as are the ones they have in Canada. Capable management. The debt load is pretty high at 4X cash flow, which is uncomfortably high. If you believe oil prices will bounce back quickly, this might be one that you want to own right now.

Jim Huang NORTH AMERICAN OPTIMISTIC Unknown View
BUY on WEAKNESS CCL.B-T CCL Industries (B) Market Call Tonight (BNN TV) 2015-07-28 $166.880

One of the big players in the label space. Have done very well operationally and, equally as important, consolidating smaller companies in order to continue to expand. That has made them very successful over the last 5 years. Fully valued at this stage. This is a name you should own, but not one you should chase on any given day.

Jim Huang NORTH AMERICAN OPTIMISTIC Unknown View
PAST TOP PICK CNQ-T Canadian Natural Rsrcs Market Call (BNN TV) 2015-07-28 $30.370

(A Top Pick Oct 23/14. Down 21.76%.) Had just bought a half position at that time, and has now bought the balance. If the market got another thumping, this is the one he would add to.

Bill Harris, CFA RESOURCE BEARISH on RESOURCES Yes View
WAIT CPG-T Crescent Point Energy Corp Market Call Tonight (BNN TV) 2015-07-28 $19.120

Leveraged to the oil price, which has come down to $47. They are pretty much 100% oil. Very good management team and good operators in good oil fields. The issue is with the dividend at around 12%, clearly unsustainable at the current price. He thinks a wise decision would be for them to cut the dividend. Wait for a cut in the dividend before buying.

Jim Huang NORTH AMERICAN OPTIMISTIC No View
COMMENT CXR-T Concordia Healthcare Market Call Tonight (BNN TV) 2015-07-28 $103.170

The whole health/biotech sector has been extremely hot over the last year. Some analysts think this is the next bubble candidate. A consolidator and has been doing very well. Execution is good and they have been able to do accretive deals. If you want to invest in the sector, he would suggest you wait for a pullback.

Jim Huang NORTH AMERICAN OPTIMISTIC Unknown View
COMMENT DD-N DuPont Market Call Tonight (BNN TV) 2015-07-28 $55.900

Just spun off their performance chemicals division and kept the more stable division of agriculture, etc. Performance has not done too well lately and there is no short term catalyst. A good company over the long-term and something you should consider owning, but not necessarily today.

Jim Huang NORTH AMERICAN OPTIMISTIC Unknown View
COMMENT DIS-N Walt Disney Market Call Tonight (BNN TV) 2015-07-28 $118.460

This has been a big winner. It keeps surprising on the upside with one hit movie after another. A very well-run company. Not cheap, but they seem to continue to have the franchise to support that. A good company for the long-term. He sold his holdings too early.

Jim Huang NORTH AMERICAN OPTIMISTIC No View
COMMENT DLTR-Q Dollar Tree Market Call Tonight (BNN TV) 2015-07-28 $78.140

A good operator of dollar stores in the US and recently purchased their rival Family Dollar, which has an entirely different strategy in the way they operate. Thinks it is a good acquisition and will take a little while to digest. In a slow economic environment, you see a lot of people shopping there, so the concern is that as the US economy picks up, it is less of an attraction. A good sector to be in, although some of the valuations are getting pretty full.

Jim Huang NORTH AMERICAN OPTIMISTIC No View
COMMENT DML-T Denison Mines Corp Market Call (BNN TV) 2015-07-28 $0.590

He owns Cameco (CCO-T) instead. Uranium can and should get tight, but it is a very politicized market. The uranium story hasn’t flowed through yet, but it could. There is an awful lot of effort to turn this into a company that he would like to see developed. A neat little company that could do well, but uranium has to do well first.

Bill Harris, CFA RESOURCE BEARISH on RESOURCES No View
TOP PICK DRT-T DIRTT Environmental Solutions Market Call Tonight (BNN TV) 2015-07-28 $6.300

They have innovative 3-D design manufacturing ordering system for basically modular furniture, largely office, but expanding into healthcare, hotels, hospitality and even residential. They have a huge running room ahead of them. Not a cheap stock, but has checked back to below $7 and is looking very good. Thinks there is huge upside from here, given the growth rate that they have.

Jim Huang NORTH AMERICAN OPTIMISTIC Yes View
COMMENT ECA-T Encana Corp Market Call (BNN TV) 2015-07-28 $9.830

Historically a great Canadian company and down 80% from its high. Because they were early to the whole shale gas situation, they ended up becoming “average”. That is fine, but now we have tons of gas and you really only make money if you are in the 1st quartile. He is looking for companies that are best in class. We really are in a nasty bear market in the commodities. He would go to the highest quality company first, such as Tourmaline (TOU-T) and Peyto (PEY-T).

Bill Harris, CFA RESOURCE BEARISH on RESOURCES Unknown View
COMMENT ERF-T Enerplus Corp Market Call (BNN TV) 2015-07-28 $8.120

In this mid-cap energy space, it really seemed that at some point yesterday we had a bounce off, and he is really hopeful that yesterday was the bad day. These companies should probably not be paying a dividend right now, so it is within the realm of expectation that if oil slipped again, all these companies would cut their dividends to zero.

Bill Harris, CFA RESOURCE BEARISH on RESOURCES Unknown View
HOLD FCU-T Fission Uranium Corp. Market Call Tonight (BNN TV) 2015-07-28 $0.710

The merger with Denison (DML-T) is somewhat controversial. For  people that were in Fission, they would prefer it to be a clean take out at some point, because they have done a great job exploring and discovering resources and have 150 million pounds, more than enough for a larger company to come around and takes them. This is more a merger of equals, so it makes sense from that point of view. In the short term, it doesn’t bring any upside to this company’s shareholders.

Jim Huang NORTH AMERICAN OPTIMISTIC Yes View
COMMENT FM-T First Quantum Minerals Market Call Tonight (BNN TV) 2015-07-28 $11.060

A preeminent copper company. To buy, you have to have a good copper price. Copper has been beaten up and could go lower still in the short term. They have some unique issues with their smelter and copper mines in Africa. Some issues with power and some issues with government. He prefers others in this environment. A great name if you think copper prices will go up.

Jim Huang NORTH AMERICAN OPTIMISTIC No View
PAST TOP PICK GXE-T Gear Energy Market Call (BNN TV) 2015-07-28 $1.480

(A Top Pick Oct 23/14. Down 65.96%.) He did an analysis and felt they could make great returns at $60 oil. Sold his holdings in the 1st week of January. At this oil price, this company is really sitting on their hands. Still likes the company.

Bill Harris, CFA RESOURCE BEARISH on RESOURCES No View
COMMENT HBM-T Hudbay Minerals Inc. Market Call (BNN TV) 2015-07-28 $8.260

This is still slightly expensive. There is a great story in copper that it really gets tight in a couple of years from now. 90% of copper is still profitable, so it really needs to fall.

Bill Harris, CFA RESOURCE BEARISH on RESOURCES No View
PAST TOP PICK HD-N Home Depot Market Call Tonight (BNN TV) 2015-07-28 $114.840

(A Top Pick Sept 3/14. Up 31.02%.) The largest home-improvement retailer, and leveraged to the improving US housing market. We are less than half way through the whole recovery program and people want to fix up their houses. Housing is appreciating, so they are going to see more business. Stock is getting up so much that it is getting expensive.

Jim Huang NORTH AMERICAN OPTIMISTIC Yes View
COMMENT KEL-T Kelt Exploration Market Call (BNN TV) 2015-07-28 $7.170

Really likes this company. One of the more successful management teams out there. Had owned this going into the selloff, but once the stock hit a certain price and the commodity was at a new level, he sold it. On his list of companies that are going to make it through and do well 3 years from now. Costs are slightly too high for him right now.

Bill Harris, CFA RESOURCE BEARISH on RESOURCES No View
COMMENT KEY-T Keyera Corp Market Call (BNN TV) 2015-07-28 $43.160

He really only wanted one stock in the pipeline space, and the decision was Inter Pipeline (IPL-T).  Keyera is still expensive. It has a great growth platform. If LNG is not built and there is too much gas, why do you really need this company?

Bill Harris, CFA RESOURCE BEARISH on RESOURCES No View
TOP PICK LIF-T Labrador Iron Ore Royalty Market Call (BNN TV) 2015-07-28 $12.900

China is making 800 million tons of steel a year, over 50% of the world’s production, but making it to sell to us. Nobody needs that much steel and they are trying to put our steel out of business. Iron ore has really come off and 30% of the world’s production is underwater, so production needs to be turned off. The commodity is now below the cost curve. The Cdn$ fixed costs knocks him onside. This company has no debt. They provide a high-quality product that has to go into steel mills in Europe. Dividend yield of 7.86%.

Bill Harris, CFA RESOURCE BEARISH on RESOURCES Yes View
BUY MG-T Magna Int'l. (A) Market Call Tonight (BNN TV) 2015-07-28 $69.540

He likes this as a company and he likes autos as a sector. Auto sales are quite robust and possibly somewhat frothy and possibly getting to a peak level. However, this company continues to execute. They recently bought a company in Germany. Cost was a little high, but given the good exposure to China, in 5 years that will be a good thing.

Jim Huang NORTH AMERICAN OPTIMISTIC Yes View
BUY NXE-X NexGen Energy Market Call Tonight (BNN TV) 2015-07-28 $0.700

Likes the uranium sector and feels the uranium price is at a low point. With the restarting of Japanese reactors, you are going to see an uptick in the next while. Expects it will go from mid $30 to mid $60 in the next couple of years. This has been the latest exploration company that has very good results. Theirs is really more of an extension of the Fission’s (FCU-T) play going east. Have been having a lot of success lately.

Jim Huang NORTH AMERICAN OPTIMISTIC Yes View
COMMENT PHM-X Patient Home Monitoring Market Call Tonight (BNN TV) 2015-07-28 $1.030

A very aggressive consolidator of healthcare services in the US. Have done a great job of buying up a lot of small mom-and-pop operators and consolidated them. The whole idea is to achieve synergies by cross-selling services. The trick is to continue the pace of consolidation and they have been doing a good job up until this point. You cannot justify a name like this based on what they have done, but you have to assume they continue the pace of buying up things and consolidating. If that pace slows down for any reason, you’ll see volatility like there was today. Not for the faint of heart.

Jim Huang NORTH AMERICAN OPTIMISTIC No View
COMMENT POT-T Potash Corp of Saskatchewan Market Call (BNN TV) 2015-07-28 $35.350

When the commodity collapses, and the industry can withhold supply, it is really hard to figure it out. This has begotten a premium, because it is able to be a lot more monopoly than it is a commodity business. He can’t really figure out what the long-term price of potash is. Just too expensive for him.

Bill Harris, CFA RESOURCE BEARISH on RESOURCES No View
COMMENT PSK-T PrairieSky Royalty Market Call (BNN TV) 2015-07-28 $26.680

A tricky company to assess, because there are all sorts of little things they can do. A royalty company, so they don’t really drill the wells. If the commodity situation is really bad and nobody drills wells and you are in a decline curve, your production goes down and there is nothing you can do about it. This company is still too expensive.

Bill Harris, CFA RESOURCE BEARISH on RESOURCES No View
DON'T BUY RMP-T RMP Energy Market Call (BNN TV) 2015-07-28 $1.700

A decent little company at the right oil price. At this oil price, it is very, very difficult. He likes the stability of a bigger company. A possibility would be Bonavista (BNP-T).

Bill Harris, CFA RESOURCE BEARISH on RESOURCES No View
PAST TOP PICK ROG-X Roxgold Inc Market Call (BNN TV) 2015-07-28 $0.650

(A Top Pick Oct 23/14. Down 12.86%.) This is going into production in Burkina Faso in the next 12 months. It was a way of having a gold investment when the gold market was on fire. A sort of way of hiding and playing defence and not lose money. Very low CapX costs and operating costs.

Bill Harris, CFA RESOURCE BEARISH on RESOURCES Yes View
COMMENT RRX-T Raging River Exploration Market Call Tonight (BNN TV) 2015-07-28 $7.320

A very well-run company and have been very conscientious in maintaining a good balance sheet. Asset base is low decline and largely not in Alberta. The biggest opportunity in this downturn is to buy assets cheap, and they are clearly positioned to do that. This is self-sustaining at even $50 oil. Thinks this company will do very well in this market.

Jim Huang NORTH AMERICAN OPTIMISTIC Yes View
COMMENT RUS-T Russel Metals Market Call (BNN TV) 2015-07-28 $18.350

Feels like this company gets caught up in steel prices and China. This is really a throughput business, a really neat company. They warehouse and distribute steel in mid-tier US cities. As long as steel is selling, they make their margins. It should be consistent over long periods of time. He hasn’t figured out the right price to get this at, but it is pretty close.

Bill Harris, CFA RESOURCE BEARISH on RESOURCES No View
BUY RY-T Royal Bank Market Call Tonight (BNN TV) 2015-07-28 $73.620

The banking sector is an oligopoly in Canada, and is doing very well overall. Lately performance has been somewhat lacklustre because of the concern of the overall general Canadian economy, partly oil prices and partly because we are seeing a near technical recession. There is some concern about the near term growth and near term loan losses, but if you look beyond 12-18 months, all these names should be accumulated.

Jim Huang NORTH AMERICAN OPTIMISTIC Yes View
COMMENT S-T Sherritt International Corp. Market Call (BNN TV) 2015-07-28 $1.350

Just hit a record low. They had a change of management and he is not up to speed on the reasons. Between the nickel situation in Cuba and Madagascar, it is just too scary. Madagascar hasn’t gotten up to speed quite as fast as it needs to. There is a huge amount of debt. Way too difficult for him to figure out.

Bill Harris, CFA RESOURCE BEARISH on RESOURCES No View
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