| X |
: T.V. Program Date YYYY-MM-DD , Stock Symbol |
|
A Commentary |
Market Call (BNN TV) |
2010-03-11 |
$0.020 |
Merrill Lynch Financial Assets CAN22A3 series, 4.88% coupon maturing 4/12/17. A collateralized mortgage-backed security rated AAA. Assets are all Canadian. |
TOP PICK |
|
Mark Carpani |
BONDS & FIXED INCOME |
UNKNOWN |
Yes |
|
A Commentary |
Market Call (BNN TV) |
2010-03-11 |
$0.020 |
Aeroplan 6.95% maturing 1/26/17. As the economy recovers and people spend and travel, there will be more revenues coming in. Fairly good yield for a not very long duration. |
TOP PICK |
|
Mark Carpani |
BONDS & FIXED INCOME |
UNKNOWN |
Yes |
|
A Commentary |
Market Call (BNN TV) |
2010-03-11 |
$0.020 |
Bank perpetual preferreds. Paying over 5% but if interest rates go up will the banks call these? As interest rates rise, bonds and preferreds will get hurt, especially perpetuals. Generally, the banks do not call these. |
Comment |
|
Mark Carpani |
BONDS & FIXED INCOME |
UNKNOWN |
No |
|
A Commentary |
Market Call (BNN TV) |
2010-03-11 |
$0.020 |
US or Canadian corporate bonds? He would prefer to the Canadian over the US. Doesn't like the currency risk. Also, Canadian corporate balance sheets are generally in better shape. Growth prospects for Canada is probably better. |
Comment |
|
Mark Carpani |
BONDS & FIXED INCOME |
UNKNOWN |
Unknown |
|
A Commentary |
Market Call (BNN TV) |
2010-03-11 |
$0.020 |
City of Winnipeg bonds Feb 11/13 yielding 9.375%. Credit risk is pretty close to zero. Between now and 2013, it will go from $118-$100. So every year you lose approximately $6 in capital. To offset that you are getting a huge coupon. |
Comment |
|
Mark Carpani |
BONDS & FIXED INCOME |
UNKNOWN |
No |
|
A Commentary |
Market Call (BNN TV) |
2010-03-11 |
$0.020 |
Bank preferred shares as an alternative to GICs? The preferreds would be a better alternative. Credit risk is slightly higher but not much. They won't always be at $.25 on the $1 so will be more volatile. You may have figured out at quite a discount depending on market conditions, |
Comment |
|
Mark Carpani |
BONDS & FIXED INCOME |
UNKNOWN |
Unknown |
|
AGD-X |
Market Call Tonight (BNN TV) |
2010-03-11 |
$0.340 |
Located in Colombia. What he has seen of the drilling so far and the veins, it's a number of narrow erratically distributed high grade mineralisation in chopped up vein structures. Not something he would own. |
DON'T BUY |
|
Brent Cook |
MINING & COMMODITIES - SMALL CAP |
CAUTIOUS |
No |
|
ALS-T |
Market Call Tonight (BNN TV) |
2010-03-11 |
$9.340 |
Have been able to generate a compound annual return over 10 years better than 30%. Have done this using a joint venture model. NAV of about $9. There is hurry in buying. Take your time. |
TOP PICK |
|
Brent Cook |
MINING & COMMODITIES - SMALL CAP |
CAUTIOUS |
Yes |
|
ATC-X |
Market Call Tonight (BNN TV) |
2010-03-11 |
$1.640 |
Have a very interesting system but doesn't understand exactly what it is but has some very strong high-grade mineralisation. Part of a much longer trend that they are going to be hitting pretty hard this summer. As an expiration play, it's great but the valuation is pretty high. Would like it cheaper. |
DON'T BUY |
|
Brent Cook |
MINING & COMMODITIES - SMALL CAP |
CAUTIOUS |
Unknown |
|
BCE-T |
Market Call (BNN TV) |
2010-03-11 |
$30.570 |
Strip bond due in 2026, yield of 6.2%. 16 years is fairly long and it is a zero coupon bond which means duration is also 16. If you don't need the cash flow, it is an OK longer-term hold. |
Comment |
|
Mark Carpani |
BONDS & FIXED INCOME |
UNKNOWN |
No |
|
BSK-X |
Market Call Tonight (BNN TV) |
2010-03-11 |
$0.700 |
Partnered with a Argentinean province in uranium, which has 10%. About 5% of exploration budget has to go towards improvements. Have a large area of anomalous uranium. Low-grade deposit that will be very cheap to mine. If things go well, he could see this at $2. |
TOP PICK |
|
Brent Cook |
MINING & COMMODITIES - SMALL CAP |
CAUTIOUS |
Yes |
|
C-N |
Market Call (BNN TV) |
2010-03-11 |
$4.180 |
4.65% maturing 10/11/17. Investment grade A. Price is $86.43 yielding 7.18%. Wants to stay away from sharp bonds because rates could rise over the next year. On the other hand, doesn't have to go out 30 years for a 6%-7% yield. |
TOP PICK |
|
Mark Carpani |
BONDS & FIXED INCOME |
UNKNOWN |
Yes |
|
EMA-T |
Market Call (BNN TV) |
2010-03-11 |
$24.080 |
4.83% due 2019 trading around par. Pretty stable cash flow and is rated BBB high so good from a credit perspective. 90% of revenue from Nova Scotia Power/Bangor Hydroelectric, which is pretty safe cash flow. |
Comment |
|
Mark Carpani |
BONDS & FIXED INCOME |
UNKNOWN |
Yes |
|
EMX-X |
Market Call Tonight (BNN TV) |
2010-03-11 |
$1.960 |
(A Top Pick May 29/09. Up 30.7%.) A lot of projects in Haiti in a joint venture with Newmont (NMC-T) who is footing the bill. Because of the earthquake, the stock got hit and is just now starting to come back. |
PAST TOP PICK |
|
Brent Cook |
MINING & COMMODITIES - SMALL CAP |
CAUTIOUS |
Yes |
|
EVG-X |
Market Call Tonight (BNN TV) |
2010-03-11 |
$0.990 |
There is a discovery in Nevada that is potentially really significant. Hit the right rocks and the right alterations in a very strong system. Wedging down and trying to expand it. Will be an expensive project. |
Comment |
|
Brent Cook |
MINING & COMMODITIES - SMALL CAP |
CAUTIOUS |
Yes |
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