stockchase picture

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

Table View - Opinions in Detail

Print Export
Implied Signal Stock Symbol Company Comment Source Program Airdate Airdate Price Opinions $ Goal Expert Program Topic Expert's Bias Own or Relationship Actions
  
N/A A Commentary A Comment -- General Comments From an Expert Market Call (BNN TV) 2014-07-15 $0.020

Investing. He tends to do his investing bottom-up. Rates continue to drive a lot of the valuations in utilities and energy infrastructure, so he continues to pay attention to the high-level macro. ECB continues to be monetary easing, and the Fed policy continues to be accommodating. This is all positive from an equity valuation perspective.

Gajan Kulasingam Energy Infrastructure, Industrials & Utilities OPTIMISTIC _N/A View
N/A A Commentary A Comment -- General Comments From an Expert Market Call (BNN TV) 2014-07-15 $0.020

Industrials. These tend to correlate very well with economic and GDP growth. There are early-cycle, mid-cycle and late-cycle industrials, and he feels the early cycle trades have been and gone. Focusing on mid and late cycle non-residential and CapX cycles where there is still tailwind and a positive growth outlook.

Gajan Kulasingam Energy Infrastructure, Industrials & Utilities OPTIMISTIC _N/A View
N/A A Commentary A Comment -- General Comments From an Expert Market Call (BNN TV) 2014-07-15 $0.020

Utilities. Have had a pretty good start into the 1st half which has really been a function of declining bond yields. Feels this caught investors by surprise. Rates will likely back up into the 2nd half, but at a slow and moderate pace. From that perspective, he feels there is going to be a bit of headwind for utilities, so he is fairly cautious in this area.

Gajan Kulasingam Energy Infrastructure, Industrials & Utilities OPTIMISTIC _N/A View
N/A A Commentary A Comment -- General Comments From an Expert Market Call (BNN TV) 2014-07-15 $0.020

Energy Infrastructure. Stretched valuations, but in the midst of a multiyear expansion. Fairly valued, but you know that there is more CapX coming down the line. There’s so much opportunity to deploy capital in this space, that ultimately these businesses are going to be worth more 2 to 5 years out.

Gajan Kulasingam Energy Infrastructure, Industrials & Utilities OPTIMISTIC _N/A View
BUY ALA-T Altagas Ltd Market Call (BNN TV) 2014-07-15 $48.010

Great company. 3 different segments of power, gas and utilities. The utility segment is pretty stable, and generates a nice cash flow. The power segment is where he thinks they’ll have a good project in their Forrest Kerr Hydro that just came online, which would generate a lot of free cash flow. This is also the best way to play the LNG export market.

Gajan Kulasingam Energy Infrastructure, Industrials & Utilities OPTIMISTIC Yes View
BUY AQN-T Algonquin Power & Utilities Corp Market Call (BNN TV) 2014-07-15 $8.030

Rising interest rates would be a negative headwind, but it will be for any utility and any equity stock from a valuation perspective. In a rising interest rate environment you want to look for businesses where they can grow their free cash flow and dividend in a measured pace that offsets the rising interest rate impact on valuation. He thinks this is one of those names. Have a unique 2 prong strategy where half the business is a fully regulated utility, and the other half is a contracted independent power generation business. Management has done a good job. They have indicated there is potential of up to $2 billion of incremental projects they can take on. If so, you are looking at a stock that is probably worth $12-$13 out in 2017. If you can get this between $8-$9, you will get a 12%-15% total return over 2 years. Yield of 4.2%, which he expects will be increased every year.

Gajan Kulasingam Energy Infrastructure, Industrials & Utilities OPTIMISTIC Yes View
BUY on WEAKNESS BEP.UN-T Brookfield Renewable Energy Market Call (BNN TV) 2014-07-15 $31.110

Unique in the sense that they are a true global renewal business within Canada. One of the best run management teams with some of the best assets in the renewal space, mostly hydro. A slower yield growth name, but is stable. If you think rates are going to rise, which he thinks they will, there could be a moderate pullback.

Gajan Kulasingam Energy Infrastructure, Industrials & Utilities OPTIMISTIC Yes View
TOP PICK CMCSA-Q Comcast Corp Market Call (BNN TV) 2014-07-15 $54.890

The issue people have worried about is over the top and core cutting, and what that means for the traditional cable business. They have shown that to have the pipeline infrastructure, the last mile connection to the house, is still very critical. Signed a deal with Netflix to substantiate that. Largest US cable/broadcast operator. Thinks the Time Warner acquisition is done. Yield of 1.65%. A $70 stock in 2017.

Gajan Kulasingam Energy Infrastructure, Industrials & Utilities OPTIMISTIC Yes View
TOP PICK DHR-N Danaher Corp. Market Call (BNN TV) 2014-07-15 $78.240

A multi-industrial. Unique in that they have the industrial exposure as well as a healthcare technology segment. Both segments have very good growth prospects. One of the best management teams he has ever met. CEO is retiring, but COO is stepping in, so it will be a smooth transition. Historically, the company has given 11%-12% EPS growth, 15% free cash flow growth and 15% dividend growth. Not expensive. They can do an M&A up to about $12 billion. Accruing so much cash on the balance sheet that you are either going to get a special dividend or they will go out and do a large-scale M&A. Yield of 0.51%. Feels the stock could be worth north of $85.

Gajan Kulasingam Energy Infrastructure, Industrials & Utilities OPTIMISTIC Yes View
COMMENT EMA-T Emera Inc Market Call (BNN TV) 2014-07-15 $34.350

Sold his holdings late last year. Operationally this is a great business. Good management team. Going through a $4.5 billion CapX program in the Maritimes. There is value here for a business that is trading 17X, and where he thinks earnings will grow in the mid to high single-digit. It seems a little rich to him. He would be looking to buy this in the low $30s if you could get it.

Gajan Kulasingam Energy Infrastructure, Industrials & Utilities OPTIMISTIC No View
COMMENT FTS-T Fortis Inc. Market Call (BNN TV) 2014-07-15 $32.760

A Western based regulated utility, and the largest in Canada. Thinks the valuation of 16X is a little high. If we are going into a rising interest rate environment, a fully regulated utility will likely have more capital pressure on its stock price than more of a merchant power business.

Gajan Kulasingam Energy Infrastructure, Industrials & Utilities OPTIMISTIC No View
COMMENT GE-N General Electric Market Call (BNN TV) 2014-07-15 $26.610

The ultimate diversified conglomerate. A nice stable business that is going to give you low, single-digit total returns from an earnings growth perspective. The multiple of 15X is not rich. Always trades at a discount just because it is a large conglomerate. Recently got permission from the French government to bid for their power and grid business. This will be done in 3 joint ventures, so it will be less of a capital outlay and de-risks the initial investment. Dividend is going to continue to grow at mid-single digit levels.

Gajan Kulasingam Energy Infrastructure, Industrials & Utilities OPTIMISTIC Yes View
BUY GEI-T Gibson Energy Market Call (BNN TV) 2014-07-15 $33.080

Has done phenomenally well since the IPO in 2011. A little more diversified than some of their peers in that they have terminal businesses, trucking, storage and the Omni Services in the US. Have probably 2 of the most strategic hubs in Edmonton, and a lot of the volumes of crude oil, commodities and NGL’s will go through these 2 hubs. Trades at a pretty good discount to its peers.

Gajan Kulasingam Energy Infrastructure, Industrials & Utilities OPTIMISTIC Yes View
PARTIAL BUY IPL-T Inter Pipeline Market Call (BNN TV) 2014-07-15 $32.810

An Alberta energy infrastructure operator and a great business. Really a play in the northern Athabascan and Cold Lake regions. Have 3 pipelines. Funded 2 of the pipelines with 2 anchor tenants. The thesis is that they are going to add on incremental shippers with very high, accretive returns. Dividend is sustainable, and will probably grow north of 5%-7% over the next 2-3 years. There continues to be significant CapX put into the space. The only risk would be that they are predominantly in the Alberta pipeline system, and will need to have market access. They can get their pipelines to key Edmonton terminals, and will need to have long haul pipelines out of Edmonton. With a two-year time horizon, you can chip away here. South of $29 would be a good access price, and would give you a 10%-15% margin of error of safety.

Gajan Kulasingam Energy Infrastructure, Industrials & Utilities OPTIMISTIC Yes View
BUY on WEAKNESS KEY-T Keyera Corp Market Call (BNN TV) 2014-07-15 $78.610

This is been a great name. It always looks expensive until they come out and announce the next CapX project, and then it looks cheap. He would buy this at under $75, and if you own continue to Hold. They are going through $1.5 billion CapX, but they could do $2.5 billion. If so, they are worth around $80-$85.

Gajan Kulasingam Energy Infrastructure, Industrials & Utilities OPTIMISTIC Yes View
BUY KMI-N Kinder Morgan Inc. Market Call (BNN TV) 2014-07-15 $36.170

A large energy infrastructure company in the US. Manager doesn’t take any salary. All of his income is from distributions. The knock on this is “Is it too big, and can it grow.” Competent management. Feels the business is well worth more than it is today.

Gajan Kulasingam Energy Infrastructure, Industrials & Utilities OPTIMISTIC Yes View
COMMENT NPI-T Northland Power Inc Market Call (BNN TV) 2014-07-15 $17.690

Dividend is stable with a payout ratio of 100%. They are going through a CapX program right now with the Gemini project, an offshore European wind project. Comes online in 2017-2018, and when that happens the dividend payout ratio will immediately drop to 80%-85%. Management has a tendency to go through CapX cycles pretty extensively, so there is a potential that Gemini could come online, the payout ratio dips into the 80%s, and then they undertake another CapX program, which would keep the payout ratio high. They are always investing in high return/high growth businesses. 5.5% yield.

Gajan Kulasingam Energy Infrastructure, Industrials & Utilities OPTIMISTIC Unknown View
TOP PICK PWR-N Quanta Services Market Call (BNN TV) 2014-07-15 $34.880

A service provider that services 2 sectors, transmission/distribution and pipeline. Both segments have significant growth behind them. A cheaper way to play some of the pipeline companies in the US. Top-notch management team with a great track record of organic growth of 10% EPS. If they can do M&A, that would probably add another 2%-3% to that, so you are looking at a business that can give you 10%-15% return. With a flat multiple, this is worth north of $50.

Gajan Kulasingam Energy Infrastructure, Industrials & Utilities OPTIMISTIC Yes View
COMMENT SNC-T SNC-Lavalin Group Inc. Market Call (BNN TV) 2014-07-15 $56.130

New CEO has done a good job in cleaning house and bringing in new top level management and re-establishing trust. Management would like to re-shift the business from minority interest and infrastructure assets, to a pure E&C (energy and construction) business, and grow the oil/gas segment. If you back out the concession assets, the core E&C business trades at stub value of around 5.5X. It is going to take some time for this strategy to turn things around. He would prefer WSP Global (WSP-T) or Stantec (STN-T).

Gajan Kulasingam Energy Infrastructure, Industrials & Utilities OPTIMISTIC No View
BUY on WEAKNESS TRP-T Trans Canada Corp Market Call (BNN TV) 2014-07-15 $53.400

He would buy this under $48 and sell at about $57. Has been the unfortunate victim of a political hot potato, but you have to look out to 2017-2018, if 1) the Eastern asset comes on-line and 2) they can build out their West Coast LNG. Has exposure in Mexico to the infrastructure space. Have very large projects that are long dated.

Gajan Kulasingam Energy Infrastructure, Industrials & Utilities OPTIMISTIC Yes View
BUY UTX-N United Technologies Market Call (BNN TV) 2014-07-15 $114.840

Good company and interesting at this level. Probably not a bad entry point. A multi-industrial with exposure to aerospace and non-residential construction. Great management team. Exceptional track record of M&A growth. Some people have been concerned about the elevator market in China. This company will continue to take share in the aftermarket service business of elevators.

Gajan Kulasingam Energy Infrastructure, Industrials & Utilities OPTIMISTIC No View
COMMENT VSN-T Veresen Inc Market Call (BNN TV) 2014-07-15 $19.000

Stock had a nice run, and was really a function of them de-risking their Jordan Coal project, a West Coast-based LNG export project. They need to secure the financing and an off taker for their LNG facility. Thinks this is worth $21. Still have the risk of the alliance pipeline that needs to be re-contracted. He doesn’t want to take on their risks. Dividend is safe for now, but it depends on how they re-contract.

Gajan Kulasingam Energy Infrastructure, Industrials & Utilities OPTIMISTIC No View
N/A A Commentary A Comment -- General Comments From an Expert Market Call (BNN TV) 2014-06-25 $0.020

Energy Stocks. The timing of the relatively sudden drop in the Cdn$ versus the US$ tipped the money flows back into our Canadian energy market quite sharply. There was already a lot of good news building up. Some formations where we had been particularly efficient in using new technologies on, such as the cardium, Viking and now the Montney and the rates of returns attracted international attention. We’re going through a very large re-evaluation phase with the markets right now. We have lifting prices for natural gas which is quite nice. A lot of liquid rich natural gas plays have given some incredible rates of returns. Also, there are these manufacturing types of procedures that are taking place on unconventional formations. Some huge improvements on internal rates of return by lowering costs. Investors should focus on the right formations such as what is the rate of return for a typical well drilled into that formation with the average types of costs, such as the Bakken, Shaunavon, Cardium, Viking, and Montney.

Martin Davies Canadian Energy/Service BULLISH _N/A View
HOLD BXE-T Bellatrix Exploration Ltd. Market Call (BNN TV) 2014-06-25 $9.010

Very interesting company, because the methods, strategy, corporate involvement of how they have grown, hasn’t changed. Still have a long runway of very solid projects in front of them. In the short-term, they got boxed in with a deal that didn’t work which gave pause to investors. Trading at a discount to a similar growth peers.

Martin Davies Canadian Energy/Service BULLISH Unknown View
TOP PICK CNQ-T Canadian Natural Rsrcs Market Call (BNN TV) 2014-06-25 $48.250

On their investor day, it was driven home that the company is now in a position where they are going to be generating a tremendous amount of free cash flow, because the assets that they have are very long life, low decline, and have a wide variety of assets. Also, has been a very sharp increase in dividend payments they have been making. Yield of 1.88%. Large royalty portfolio could be valued at PrairieSky levels.

Martin Davies Canadian Energy/Service BULLISH Yes View
COMMENT COS-T Canadian Oil Sands Market Call (BNN TV) 2014-06-25 $23.650

A distribution type of company. Built to produce a sustainably long term dividend. However, it’s only source of cash flow is by owning a percentage of the Syncrude operation in Fort McMurray. Unfortunately that is the first oil sands mining operation, and has a lot of very expensive legacy assets. You have to watch very carefully the kind of costs they incur to produce a barrel of oil compared to other oil sands mining next door. Costs are going up on their production, which makes the dividend, long-term, more worrying.

Martin Davies Canadian Energy/Service BULLISH Unknown View
PAST TOP PICK LRE-T Long Run Exploration Market Call (BNN TV) 2014-06-25 $5.640

(A Top Pick August 9/13. Up 25.9%.) Have converted over to a dividend paying model, and it takes a period of time for the market to understand the sustainability and risks involved. Recently bought some assets that allow them to have a 3rd area in their suite. Still trades at a discount to its peers.

Martin Davies Canadian Energy/Service BULLISH Yes View
N/A A Commentary A Comment -- General Comments From an Expert Berman's Call 2014-03-10 $0.020

Base Metals. A lot of eyes are on China right now, “are they growing”, “are they not going to be able to reach their targets”, so there were some sloppy trade numbers over the weekend. Imports for iron ore for China have been falling for the last couple of years. If you overlay that and the price of copper with the Chinese domestic market indexes, from 2010, all the indexes have rolled over. Copper has been in jeopardy of breaching the $3 support area for about 3 years now. If it does, that could accelerate some negativeness in the materials sector of base metal stocks. He thinks it is going to happen this time around.

Larry Berman CFA, CMT, CTA ETF's & LARGE CAP BEARISH on BASE METALS _N/A View
N/A A Commentary A Comment -- General Comments From an Expert Berman's Call 2014-03-10 $0.020

Markets. Looking at the NASDAQ as it relates to the McClellan Oscillator of the NASDAQ, when we get a spike in the Oscillator to a high point and it starts to roll over, the markets may be making slight highs, but the number of stocks participating in the rally is starting to fade. That usually means we are going to go into a consolidation or have some kind of a correction. NASDAQ has been the leader for about 6 months now and it’s rolling over, so we have to watch. We used to watch Apple (AAPL-Q) but now we watch Google (GOOG-Q) and it hasn’t made a new high in March and is starting to roll over. If that plays out, then we are in for 3%, 4% or 5% correction in the next little while. He was a buyer in late January, early February for his clients when we had the last 5%-6% dip and he thinks another one is coming. This last week was the five-year anniversary from the bottom. We’ve had 29 months now of a rally in the S&P 500 without a 10% correction. That is the 2nd longest in the history of the markets so we are due for a 10%-20% so we have to watch things carefully as these divergences play out.

Larry Berman CFA, CMT, CTA ETF's & LARGE CAP BEARISH on BASE METALS _N/A View
COMMENT CCO-T Cameco Corporation Berman's Call 2014-03-10 $27.260

He is widely bullish for the next decade or 2 on uranium. Simply put, it is the single most efficient source of high-powered global energy and we need it. Reactors are coming on stream. You have Russia decommissioning of the nukes ending, supplies/demand balance is starting to improve. Likes the sector. It is going to be volatile. Japan is starting to turn on their reactors again.

Larry Berman CFA, CMT, CTA ETF's & LARGE CAP BEARISH on BASE METALS Unknown View
DON'T BUY EWP-N iShares MSCI Spain ETF Berman's Call 2014-03-10 $40.570

Tradable but we haven’t made a long-term investment bottom because there are problems coming. It could take up to 3 years and could be an interesting place to invest. Europe is coming back, but it is not fixed by any stretch of the imagination. He feels that within the scope of the next 5 years, Spain breaks off from the euro. 28% unemployment, almost 60% unemployment for youth under 25. You can’t fix that and have them stay in the euro to his way of thinking.

Larry Berman CFA, CMT, CTA ETF's & LARGE CAP BEARISH on BASE METALS Unknown View
WATCH KMP-N Kinder Morgan Energy Berman's Call 2014-03-10 $74.900

Building out the infrastructure, pipelines and all those things, is a wonderful place to invest. Not early on this one. We are starting to see quite a decay. Five-year chart shows the last year has been weak. The best case scenario is that we find some support in the mid to low $70’s and we go sideways from there for a number of years. He would have on his radar for something you want to build a position in.

Larry Berman CFA, CMT, CTA ETF's & LARGE CAP BEARISH on BASE METALS No View
WATCH LEG-T Legacy Oil and Gas Inc. Berman's Call 2014-03-10 $6.620

The big picture story for the next 5 years or so, supply is going to dwarf demand in oil and gas in North America. However, when you look at a stock like this that has been beaten up because of some of those reasons of weaker production prices in Canada, and you look at a five-year picture, what you are seeing in this and a lot of these focused here in Canada, you’ve got these big bases coming. In order to get relief there and have some of these start to break out, you need that supply/demand thing to start to turn around. Pipelines east and west, pipelines north and south, LNG distribution should bring better prices to Canada but it is still a few years off. The stocks are starting to respond so this is important to watch.

Larry Berman CFA, CMT, CTA ETF's & LARGE CAP BEARISH on BASE METALS Unknown View
SELL SLW-T Silver Wheaton Berman's Call 2014-03-10 $27.980

Gold and silver had a decent bounce off the lows last year. Doesn’t think that either gold or silver are going to take off in a big way. Maybe there is scope for gold to pop above $1400 if the markets come unglued over the next 6 months. However, he still thinks we are range bound and you want to take a profit and sell into that rally. If we get a pullback in gold in the next month or 2 of $1300 or less, you want to nibble at it.

Larry Berman CFA, CMT, CTA ETF's & LARGE CAP BEARISH on BASE METALS Unknown View
PARTIAL SELL TCK.B-T Teck Resources Ltd. (B) Berman's Call 2014-03-10 $23.800

Copper has a good chance of breaking down through $3 and if it does, all these copper stocks are going to break heavily. You should watch the Copper ETF (COPX-N) which has a lot of copper names and if it starts to break be wary. This is a fine company, and what they do, they do very well. They are in a sector right now that he is not remotely interested in and may not be for years. Doesn’t feel demand in China is going to be there for a number of years. He is biased against having a full position in this company at this time.

Larry Berman CFA, CMT, CTA ETF's & LARGE CAP BEARISH on BASE METALS No View
N/A A Commentary A Comment -- General Comments From an Expert Market Call Tonight (BNN TV) 2013-12-16 $0.020

Markets. Tends to look for names that are undervalued, under researched and typically under owned by institutional investors. Focuses on bottom-up investing.

Jerome Hass CANADIAN MID-LARGE & SHORT-LONG STRATEGIES UNKNOWN _N/A View
N/A A Commentary A Comment -- General Comments From an Expert Market Call Tonight (BNN TV) 2013-12-16 $0.020

Would you consider a long-short strategy with Canadian airlines? How would you do this? Taking a longer-term view of the airlines, it has been a graveyard for investors. Air Canada was up 340% year to date and Transat (TRZ.B-T) was up about 140% and WestJet (WJA-T) was above 40%. An obvious Pairs strategy would be to go Long WestJet and Short Air Canada but WestJet has its own issues by going from one hub in Calgary to having 3 hubs. Doesn’t find this compelling from the long side or from the short side.

Jerome Hass CANADIAN MID-LARGE & SHORT-LONG STRATEGIES UNKNOWN _N/A View
N/A A Commentary A Comment -- General Comments From an Expert Market Call Tonight (BNN TV) 2014-04-16 $0.020

Markets. Looking at the overall markets in the US and Canada, they are trading at about 15 or 16 times this year’s EPS, which is slightly above the historical average of 14+ so they’re not expensive and he is finding them reasonably valued. What is interesting is that there are some sectors that are clearly overvalued. The US tech sector is one example. He is a bottom up investor and likes markets like this because it really appeals to stock pickers.

Jerome Hass CANADIAN MID-LARGE & SHORT-LONG STRATEGIES SELECTIVE _N/A View
N/A A Commentary A Comment -- General Comments From an Expert Market Call (BNN TV) 2014-06-18 $0.020

Markets. He sees opportunities in both Long and Short, and will make investments on both growth and value. Thinks there are a lot of opportunities in the Short side in some of the social media names. Cloud names for example, have a particular buzz and hype about them. (See Top Picks.) Often when you have a crowded or popular trade, it presents opportunities for the Short side. There are very few that he finds attractive in those areas. In the overall market, he doesn’t find valuations to be unattractive. When you have a certain sector, like techs, which he thinks is overvalued, by definition that means there has to be some sectors that are undervalued and his job is to find those on a stock specific level. His sweet spot is in mid-cap stocks because he can get out of a position when things are not working well.

Jerome Hass CANADIAN MID-LARGE & SHORT-LONG STRATEGIES SELECTIVE _N/A View
N/A A Commentary A Comment -- General Comments From an Expert Market Call (BNN TV) 2014-06-18 $0.020

Shorting Stocks. You have to be very careful about crowded trades such as Lululemon (LULU-Q). The downside is that when a stock gets to a certain level, you get the value players taking a look at it, and the value players can actually be painful on the Short side.

Jerome Hass CANADIAN MID-LARGE & SHORT-LONG STRATEGIES SELECTIVE _N/A View
N/A A Commentary A Comment -- General Comments From an Expert Market Call (BNN TV) 2014-06-18 $0.020

Investing in Asian demographics? Healthcare is one area that he looks at and the other is pharmaceuticals. In pharmaceuticals, he has played it through the generics because he doesn’t like taking a specific risk on a drug. In Canada, you essentially have one option, Valeant Pharmaceuticals (VRX-T), which he is not particularly fond of. He has gone into the US with a company called Mylan (MYL-Q). On a 5 year basis, it has been a rock steady name. With generics, you are not taking specific risks. If you are looking for a zippier way to play, there is the biotech space. Not a lot of biotech names in Canada but he does like RepliCel Life Sciences (RP-X), which takes a hair follicle and grows a cell, which can be re-injected so that the patient can re-create their own cells. US military is interested in this. Another use is in pattern baldness. Currently in phase 2 of trials, and that is where the real value comes.

Jerome Hass CANADIAN MID-LARGE & SHORT-LONG STRATEGIES SELECTIVE _N/A View
N/A A Commentary A Comment -- General Comments From an Expert Market Call (BNN TV) 2014-08-07 $0.020

Markets.  Not really thinking about the trade war with Russia.  He is not exposed to companies that will be exposed to the Russian trade war.  He is at his lowest net exposure to the market in three years.  He is cautious right now.  If a correction comes, foreign investors will get out of the more liquid names.  He is seeing buying opportunities in the long and short side. 

Jerome Hass CANADIAN MID-LARGE & SHORT-LONG STRATEGIES CAUTIOUS _N/A View
N/A A Commentary A Comment -- General Comments From an Expert Market Call (BNN TV) 2014-08-07 $0.020

Shorting Banks.  BMO-T or CM-T.  He would not hold one bank and short another without a very compelling reason.  He doesn’t own any banks except as part of a pairs trade where BMO-T is short and Guardian (GCG.A-T) is long.

Jerome Hass CANADIAN MID-LARGE & SHORT-LONG STRATEGIES CAUTIOUS No View
N/A A Commentary A Comment -- General Comments From an Expert Market Call (BNN TV) 2014-10-21 $0.020

Markets. He always believes in having structure in place in order to be prepared for any market conditions. Having Shorts in place as a form of insurance, is something he believes in. Up to the end of August, markets were up 12% and everybody was happy. When you put Shorts in place, it is actually a drag on performance. It is not until you get to a place like Sept/Oct when the market starts to head south, that you all of a sudden realize the value of having insurance. He uses Shorts for hedging purposes as well. If he has a Long position, he wants to Pair that with a Short position. What people sometimes miss in Pair trading is the relationship between the 2 stocks. You can have a Long and Short position, and both of them can go down and you can still make money, as long as your Short goes down more than your Long. Conversely you can do this in up markets as well. He tries to ignore the day to day movement of the Market itself.

Jerome Hass CANADIAN MID-LARGE & SHORT-LONG STRATEGIES SELECTIVE _N/A View
PAST TOP PICK AAR.UN-T Pure Industrial Real Estatetrust Trust Market Call Tonight (BNN TV) 2014-04-16 $4.820

(A Top Pick April 23/13. Up 0.7%.) The whole sector has gone through a rough patch because of fears of interest rates backing up. Also, 3 senior management have left.

Jerome Hass CANADIAN MID-LARGE & SHORT-LONG STRATEGIES SELECTIVE Yes View
WEAK BUY AAR.UN-T Pure Industrial Real Estatetrust Trust Market Call (BNN TV) 2014-08-07 $4.630

They have changed their strategy over the last couple of years.  Now they are making large acquisitions of portfolios and you get the good, the bad and the ugly.

Jerome Hass CANADIAN MID-LARGE & SHORT-LONG STRATEGIES CAUTIOUS Unknown View
COMMENT AET.UN-T Argent Energy Trust Market Call Tonight (BNN TV) 2014-04-16 $3.000

If you take out DRIP payments, a 77% cut in the yield will not solve their problems. Announced they are going to cut their CapX by about 20%. They really have to start selling some assets.

Jerome Hass CANADIAN MID-LARGE & SHORT-LONG STRATEGIES SELECTIVE Unknown View
WEAK BUY AFN-T Ag Growth International Inc Market Call (BNN TV) 2014-08-07 $47.390

Believes dividend is sustainable.  Likes that it is an ag-related name. 

Jerome Hass CANADIAN MID-LARGE & SHORT-LONG STRATEGIES CAUTIOUS No View
TOP PICK ANY-X Sphere 3D Market Call (BNN TV) 2014-06-18 $8.340

Short. Had zero revenues in 2013. They have a virtualization technology that is supposed to be able to take any mobile device and provide the full features of an application on that. Technology sounds very interesting. Anything that is Cloud and Mobile gets a lot of attention and there is a lot of hype. The downside is that they haven’t had any significant sales of this product and he finds it very difficult to justify a $200 million valuation on the company. Also, recently announced a merger with a related party, Overland Storage, and he finds this transaction to be perplexing.

Jerome Hass CANADIAN MID-LARGE & SHORT-LONG STRATEGIES SELECTIVE Yes View
COMMENT AOI-T Africa Oil Corp. Market Call Tonight (BNN TV) 2013-12-16 $8.460

Had a Short position on this for a while. Located in Kenya, Ethiopia and Somalia. Shorted this because it is a new basin so there is a question of valuation and tends to be a bit too frothy expectation. It will take them a while to deliver any meaningful production, possibly 2018, at the earliest. Thinks there could be significant weakness in the share price going ahead.

Jerome Hass CANADIAN MID-LARGE & SHORT-LONG STRATEGIES UNKNOWN Yes View
COMMENT AYA-T Amaya Gaming Group Inc. Market Call Tonight (BNN TV) 2014-04-16 $5.810

Came out with quarterly results that brought the stock down from $9 to about $6 very, very quickly. Has been looking at this name. Likes the gaming space in general. There is some liberalization taking place, particularly in the US. There is another smaller Cap name that he thinks is interesting, LasVegasFromHome.com Ent. (LVH-X). It is mobile gambling that he thinks is a real growth industry. Just announced a deal last week where they are launching in Mexico.

Jerome Hass CANADIAN MID-LARGE & SHORT-LONG STRATEGIES SELECTIVE No View
COMMENT AYA-T Amaya Gaming Group Inc. Market Call (BNN TV) 2014-06-18 $19.010

This has had a great run. Up 42% on Friday on the back of an acquisition. There is a lot priced in, particularly on this acquisition. He almost considered it as a Short at these levels. If you own, consider Selling your position.

Jerome Hass CANADIAN MID-LARGE & SHORT-LONG STRATEGIES SELECTIVE No View
COMMENT BDI-T Black Diamond Group Market Call Tonight (BNN TV) 2013-12-16 $28.810

A provider of temporary workplace accommodation, primarily in Western Canada, in the oil sands. Likes the name and likes the space. Thinks this space is going to be growing 18% over the next 5 years because of the projects they are involved in. (See Top Picks.)

Jerome Hass CANADIAN MID-LARGE & SHORT-LONG STRATEGIES UNKNOWN No View
COMMENT BDI-T Black Diamond Group Market Call (BNN TV) 2014-06-18 $34.980

Trades at a higher valuation than Horizon North Logistics (HNL-T), but tends to be less volatile. The one major difference between these 2 companies is that Horizon North produces some of their accommodations, while this company doesn’t. Also, this company has exposure to Australia while Horizon North is limited to North America. Both are very good names.

Jerome Hass CANADIAN MID-LARGE & SHORT-LONG STRATEGIES SELECTIVE No View
TOP PICK BMO-T Bank of Montreal Market Call Tonight (BNN TV) 2014-04-16 $76.080

(SHORT) Long Guardian Capital (GCG.A-T) and short Bank of Montréal (BMO-T). (See comments under GCG.A-T.)

Jerome Hass CANADIAN MID-LARGE & SHORT-LONG STRATEGIES SELECTIVE Yes View
BUY BVD.UN-X Boulevard Industrial REIT Market Call (BNN TV) 2014-06-18 $0.170

The industrial space is his favourite sector in the REITs, and this is his favourite play in that. At the end of the day, it first comes down to the business model and secondly to management. He likes this because it is very similar to the early days of industrial REITs, where instead of buying large portfolios, they are able to cherry pick and buy individual buildings. As a consequence, the cap rates that they get have been higher. The first buildings that they brought in had a cap rate of 9.5% and their borrowing rates are less than 4% giving you a very wide margin between those. They have a lot of ambitious growth plans. Good management.

Jerome Hass CANADIAN MID-LARGE & SHORT-LONG STRATEGIES SELECTIVE Yes View
BUY BVD.UN-X Boulevard Industrial REIT Market Call (BNN TV) 2014-08-07 $0.190

Likes the management team.  Industrial REIT.  This is the growth vehicle for the former CEO of Dundee REIT.  Thinks they will make individual acquisitions rather than buying a complete portfolio.  They are waiting until they get to $100 Million in portfolio size before paying a dividend.

Jerome Hass CANADIAN MID-LARGE & SHORT-LONG STRATEGIES CAUTIOUS Unknown View
COMMENT BVD.UN-X Boulevard Industrial REIT Market Call (BNN TV) 2014-10-21 $0.160

Still likes this. Likes the industrial REIT space and its predictability. They are getting attractive cap rates within the sector, so they can make attractive acquisitions at 8%-9% cap rates and borrowing at 4%. If you have long-term lock-in leases at 9% and you are borrowing at 5%, the 500 basis point margin is very attractive. In industrial REITs, there are virtually zero costs to property owners. Feels this is going to be a growth stock going forward.

Jerome Hass CANADIAN MID-LARGE & SHORT-LONG STRATEGIES SELECTIVE Yes View
TOP PICK CBL-T Callidus Capital Corp Market Call (BNN TV) 2014-10-21 $20.770

Long. A Pairs trade with a Short on Laurentian Bank (LB-T). This is an asset based lender, which he feels is an underserved niche in Canada. Although the big banks have them, it’s not something they really embrace. They don’t like high risk lending. An attractive growth story.

Jerome Hass CANADIAN MID-LARGE & SHORT-LONG STRATEGIES SELECTIVE Yes View
COMMENT CFN-T Carfinco Financial Group Market Call Tonight (BNN TV) 2013-12-16 $11.930

One of his largest holdings. Lenders to the lowest segments of the auto borrowing population. In the D class and they dominate the D class. Install devices in the cars, so if a borrower is behind in payments, they’ll make your horn honk for 20 seconds. If you are 30 or 60 days behind, your ignition won’t start. If they have to repossess, they have a GPS system for this. Dividend is very sustainable and they have a lot of potential to increase their dividends.

Jerome Hass CANADIAN MID-LARGE & SHORT-LONG STRATEGIES UNKNOWN Yes View
Showing 1 to 60 of 133,256 entries
First Previous 1 2 3 4 5 Next Last