Viewing Expert Allan Meyer | StockChase
stockchase picture

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

Viewing Expert

Allan Meyer , VP & Portfolio Manager

Wickham Investment Counsel


Date Signal Chart Symbol Company Opinion Price
2016-04-01 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Economy. There could be 5 years of muted economic growth. We are looking at world growth slower than it has been historically, and demographics is part of the reason. Once you get the slower growth with the GNP, you are going to see that going back through the markets. Also doesn’t think there is going to be upward pressure on interest rates. His advice to investors is to look for good quality dividend paying companies.


Price:
$0.020
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
_N/A
2016-04-01 COMMENT Must be logged in to use chart ABX-T Barrick Gold

Evaluating gold is next to impossible. Has made some tremendous mistakes in acquisitions and the write offs that they have had. He avoids gold companies generally.


Price:
$17.780
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
No
2016-04-01 COMMENT Must be logged in to use chart AQN-T Algonquin Power & Utilities Corp

This scores very well on his safety & value strategy. It doesn’t have an excessive amount of debt. However, analysts have been revising down their estimates recently, so he would avoid at this time.


Price:
$10.880
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Unknown
2016-04-01 COMMENT Must be logged in to use chart CNR-T Canadian National R.R.

Has an analyst friend that recommends a Pair trade going Long on this and Shorting Canadian Pacific (CP-T), and he is going to defer to him that this rail looks good.


Price:
$81.120
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Unknown
2016-04-01 COMMENT Must be logged in to use chart CXR-T Concordia Healthcare

Has been caught up in the Valeant (VRX-T) downdraft. However, it is starting to look very interesting from a value proposition. If the earnings can be believed, it is less than 4X earnings, but they have a lot of debt. While it looks cheap on a Price/Book basis, the debt worries him. It might be a short-term buy, but for the long-term you have to really worry about the debt.


Price:
$33.100
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Unknown
2016-04-01 PAST TOP PICK Must be logged in to use chart DDC-T Dominion Diamond

(A Top Pick May 14/15. Down 37.97%.) Sold his holdings shortly after at around $20.


Price:
$14.560
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
No
2016-04-01 TOP PICK Must be logged in to use chart DSG-T Descartes

Helps companies manage their complex supply chains. A little expensive on a PE basis at 18X, but has no debt. Reasonable free cash flow. This is a reasonable entry point and he can see more upside.


Price:
$25.720
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Yes
2016-04-01 HOLD Must be logged in to use chart ENB-T Enbridge

Not one of his favourite stocks. Has a lovely 4% yield, but has a premium multiple, so is open to some disappointment. People are definitely flocking to pipelines and utilities, because of their dependability, and are bidding them up in price. He would not be buying any more at these levels. This would be a Soft Hold.


Price:
$49.320
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Unknown
2016-04-01 TOP PICK Must be logged in to use chart ISV-T Information Services

Has a 20-year exclusive mandate to provide land registry and affiliated services in Saskatchewan. Very, very inexpensive. Trading at 13X on a PE basis, and has something like a 10% free cash flow to enterprise value. Also, has a very low level of debt. Dividend yield of 5.68%.


Price:
$14.400
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Yes
2016-04-01 DON'T BUY Must be logged in to use chart LIQ-T Liquor Stores N. A.

Very tied to the Alberta economy, so it is under a lot of pressure. Wouldn’t go in at this time. He also has some balance sheet concerns.


Price:
$8.020
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
No
2016-04-01 BUY Must be logged in to use chart LNR-T Linamar Corp

Reasonable debt levels, low P/E and good cash flow. Magnificently well run. Loves this company and what they are doing.


Price:
$62.440
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Yes
2016-04-01 PAST TOP PICK Must be logged in to use chart MG-T Magna Int'l. (A)

(A Top Pick May 14/15. Down 16.74%.) It swooned because of the trade agreement we had and people’s concerns about auto sales. Currently it is dirt cheap. Thinks there is great, great value here. Still a Hold. Dividend yield of around 4%.


Price:
$54.500
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Yes
2016-04-01 COMMENT Must be logged in to use chart OTEX-T Open Text

Trading at less than 3X Price to Book. Looks attractive on a P/E basis and has great free cash flow value to enterprise value. Likes in the short term, but wouldn’t treat this as a hold for 5 – 10 years.


Price:
$67.380
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Unknown
2016-04-01 COMMENT Must be logged in to use chart POW-T Power Corp

Trading at around 10X earnings, so it is not expensive. Has a reasonable dividend. However, it doesn’t look like it has any earnings momentum. It is probably going to sit, doing very little at this point. You are probably in a sideways market unless they can do something to rejuvenate the earnings and get them going up, so you are probably sitting with dead money. Dividend yield of 4.2%.


Price:
$29.860
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Unknown
2016-04-01 COMMENT Must be logged in to use chart PPL-T Pembina Pipeline Corp

This is a little bit expensive on a P/E basis. Got hurt with the lower oil prices, but has some great growth opportunities. Wouldn’t have any concerns with the dividends on this. Dividend yield of about 4%.


Price:
$34.290
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
No
2016-04-01 BUY Must be logged in to use chart QTRH-T Quarterhill Inc

(Market Call Minute.) Very, very inexpensive on a PE basis. It has no debt. Free cash flow is something like 27%.


Price:
$2.950
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Yes
2016-04-01 PAST TOP PICK Must be logged in to use chart RBA-T Ritchie Bros Auctioneers Inc.

(A Top Pick May 14/15. Up 3.6%.) A little expensive on a PE and Price to Book basis, but has very little debt. Really good free cash flow. Dividend yield of around 2.6%.


Price:
$35.270
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Yes
2016-04-01 COMMENT Must be logged in to use chart RNW-T Transalta Renewables

This is in his Safety & Value Strategy fund. Has a free cash flow yield of 5% to enterprise value.


Price:
$12.700
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Yes
2016-04-01 COMMENT Must be logged in to use chart RY-T Royal Bank

Wait until after earnings in case low energy prices have trickled down? He likes the banks. Great dividends of around 4% and great opportunities to increase dividends by 5%-7%. Thinks concerns on bad loans due to oil prices is getting a little overdone. They have been setting money aside to deal with bad loans.


Price:
$75.100
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Unknown
2016-04-01 DON'T BUY Must be logged in to use chart SAP-T Saputo Inc.

(Market Call Minute.) A little bit high on a PE basis. In the near term, he would be careful about going into this. Very, very well-managed and are setting themselves up for the long-term, but it doesn’t rate well for him at this time.


Price:
$40.900
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
No
2016-04-01 COMMENT Must be logged in to use chart SGY-T Surge Energy Inc

You need a positive outlook on energy. Looking at the pricing curve, he is seeing $50 out in a year or 2. Some people are predicting production will have dropped enough that inventories will be down by the end of this year, leading to higher oil prices. Companies like this are already reflecting $50-$60 prices for oil. His concern is whether these companies will be around long enough. This company has more debt than he would like, so he is avoiding these companies. Too risky for him.


Price:
$2.060
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
No
2016-04-01 COMMENT Must be logged in to use chart SLF-T Sun Life Financial Inc

Sun Life or Canadian banks? He likes this on a valuation basis. The PE is similar to the banks. Free cash flow to EBITDA is something like 18%. This will be affected by interest rates more so than the banks.


Price:
$41.850
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Yes
2016-04-01 DON'T BUY Must be logged in to use chart SNC-T SNC-Lavalin Group Inc.

Would stay away from this. There is some good value in the company, but when you have the RCMP coming in the door and collecting records, he is uncomfortable with that.


Price:
$47.020
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Unknown
2016-04-01 BUY Must be logged in to use chart TCN-T Tricon Capital Group

(Market Call Minute.) Favours this for the long-term. It has swooned over the last few months, and thinks this is really good value here. It gives you exposure to the US housing and rental market.


Price:
$8.880
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Yes
2016-04-01 COMMENT Must be logged in to use chart TD-T Toronto Dominion

Wait until after earnings in case low energy prices have trickled down? He likes the banks. Great dividends of around 4% and great opportunities to increase dividends by 5%-7%. Thinks concerns on bad loans due to oil prices is getting a little overdone. They have been setting money aside to deal with bad loans.


Price:
$56.100
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Unknown
2016-04-01 COMMENT Must be logged in to use chart TOU-T Tourmaline Oil Corp

You have to like natural gas and the energy area, and that you are going to see some recovery. If he were going to be buying an oil or gas company, this would be in the top 4 of choices. They are very good at keeping their costs down.


Price:
$26.000
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Yes
2016-04-01 TOP PICK Must be logged in to use chart VNR-T Valener Inc.

This gives you a play on Gaz Metro, the big Quebec gas utility. Likes the dependable, forecastable nature of its gas distribution. Has 7% free cash flow Enterprise Value. Dividend yield of 5.25%.


Price:
$20.780
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Yes
2016-04-01 COMMENT Must be logged in to use chart VUS-T Vanguard MSCI U.S. Broad Mkt ETF Cdn Hedge

He likes the US market, and you are getting the broadest exposure with this instrument. Vanguard is noted for having some of the lowest MERs. Their hedging is very reasonable. Unfortunately that hedging didn’t help you last year.


Price:
$40.980
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Unknown
2016-04-01 BUY on WEAKNESS Must be logged in to use chart ZRE-T BMO Equal Weight REITs Index

(Market Call Minute.) He generally thinks that REITs are great. Have increased recently, but have been undervalued for a long time. Feels they may pull back in the short term, and he would Buy on the dip.


Price:
$18.920
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
No
2016-04-01 COMMENT Must be logged in to use chart ZWB-T BMO Covered Call Cdn Banks ETF

This gets extra income from writing Calls options on the banks. If you do have a good run on a bank, you can get called out and not capture the full upside. Good dividend which is targeted, rather than having fully earned it.


Price:
$15.980
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Unknown
2016-02-05 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. We are in a lower growth environment and people are going to have to ratchet their expectations down. The Canadian market has been dramatically affected by the oil price, not only affecting the auto sector, but bank stocks as well. Thinks we are in to a new era where we have a lower growth. We are in an aging demographic where people are saving more. He loves dividend paying stocks. Rather than the volatility, he prefers more of the good old steady Eddie, and dividends are a big focus for him. Likes technology for finding safe value companies, especially in the US.


Price:
$0.020
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
_N/A
2016-02-05 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

High-yield ETF Bond Funds such as XHY-T or ZHY-T? These have come under a lot of pressure recently because 20% of these funds are in oil/gas related industries, and there is a lot of concern that these companies are going to fail and not be able to make their payments on their debts. He has not seen any evidence of that. Default rates are not anywhere near high levels. This is an area that could do significantly better if oil prices stabilize.


Price:
$0.020
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Yes
2016-02-05 COMMENT Must be logged in to use chart ALA-T Altagas Ltd

They have more and more operations trying to ship LNG out of the West Coast of the US. Nothing wrong with the company. This has been lumped in with the energy sector, so seems to have been hurt by that comparison. Have long “take or pay” contracts, so the operations are very stable. Prefers Inter Pipeline (IPL-T). Great yield of 6.25%.


Price:
$31.700
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Unknown
2016-02-05 HOLD Must be logged in to use chart AQN-T Algonquin Power & Utilities Corp

(Market Call Minute.) Doesn’t know this one very well.


Price:
$11.980
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
No
2016-02-05 BUY Must be logged in to use chart ARE-T Aecon Group Inc

(Market Call Minute.) Safe and would buy it.


Price:
$14.270
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Yes
2016-02-05 BUY Must be logged in to use chart BCE-T BCE Inc.

Just reported and are increasing their dividend. This stock almost fits everybody. Great business and good management. Yield of 4.7%.


Price:
$58.160
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Unknown
2016-02-05 BUY Must be logged in to use chart BDT-T Bird Construction Income Fund

(Market Call Minute.) This is engineering and there is going to be more money coming from the federal government into this area.


Price:
$11.950
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Yes
2016-02-05 DON'T BUY Must be logged in to use chart CPG-T Crescent Point Energy Corp

They had said their dividend was safe, and then followed that by cutting it. Based on where we are with current oil prices, they may have to cut the dividend again. At these levels they are barely covering their cash costs, and are not able to spend enough money on maintaining their production to capital expenditures.


Price:
$15.150
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
No
2016-02-05 COMMENT Must be logged in to use chart CSIQ-Q Canadian Solar Inc.

Solar panel manufacturer. A Canadian company with operations in Canada, but is basically a US company. They get a lot of their product out of China. However, there are a lot of strange cross currents. Very difficult to get information on this company. Very volatile.


Price:
$19.440
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
No
2016-02-05 PAST TOP PICK Must be logged in to use chart DDC-T Dominion Diamond

(A Top Pick May 14/15. Down 32.85%.) Sold his holdings at $20, so his clients made money.


Price:
$15.650
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
No
2016-02-05 COMMENT Must be logged in to use chart EMA-T Emera Inc

Ranks well in his program, but so far they haven’t had much earnings growth. Prefers others. Dividend yield of 4.2%.


Price:
$45.960
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
No
2016-02-05 COMMENT Must be logged in to use chart H-T Hydro One

He stays away from new issues. It’s an area where you have increased risks. There is no history with management or how it is going to react in the market. Doesn’t rank well in his program being in the bottom quartile, partially because it doesn’t have any history.


Price:
$23.120
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
No
2016-02-05 DON'T BUY Must be logged in to use chart KEL-T Kelt Exploration

Thinks oil is close to a bottom and you can start picking your favourites out, but he would not be buying oil/gas companies right now. We still have an extended period of time, maybe the rest of the year, before we have a sustained movement up. This is not a bad company and has a decent track record, but these companies are not making money.


Price:
$3.750
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
No
2016-02-05 TOP PICK Must be logged in to use chart LNR-T Linamar Corp

Low debt, good interest coverage and has a 7-8 times on a price to earnings basis going forward. Also, has good free cash flow which can be used to increase the dividend, buy back shares or make an acquisition. Dividend yield of 0.76%.


Price:
$52.720
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Yes
2016-02-05 PAST TOP PICK Must be logged in to use chart MG-T Magna Int'l. (A)

(A Top Pick May 14/15. Down 31.18%.) Even though there has been a significant drop in the share price, he doesn’t have a Sell signal from analysts decreasing their earnings estimates. Trading at around 7X earnings and has a very low debt to equity. Still a Buy.


Price:
$45.480
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Yes
2016-02-05 TOP PICK Must be logged in to use chart MRU-T Metro Inc (A)

Trading around its market multiple on earnings, so is pretty comfortable with it. It also has a low debt level and good interest coverage. For uncertain times, this is a nice stable area where you won’t see a huge amount of fluctuation in their revenue or earnings. 1.36% dividend yield.


Price:
$41.090
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Yes
2016-02-05 PAST TOP PICK Must be logged in to use chart RBA-T Ritchie Bros Auctioneers Inc.

(A Top Pick May 14/15. Down 6. 76 %.) This is still a Buy. Has a free cash flow to enterprise value of over 11%. Very low debt level and a healthy dividend.


Price:
$32.000
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Yes
2016-02-05 TOP PICK Must be logged in to use chart RNW-T Transalta Renewables

The parent company Transalta (TA-T) keeps pushing their stuff down, and doesn’t want to see them get into any trouble. Owns wind farms and some Hydro operations. Payout is high at 90%, but he is not concerned about the dividend. Dividend yield of 8.64%.


Price:
$10.320
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Yes
2016-02-05 BUY Must be logged in to use chart STB-T Student Transport of America Ltd.

Ranks very well in his program. Has had very good earnings growth and reasonable coverage on their interest payments. Dividend yield of 12%.


Price:
$5.110
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Unknown
2016-02-05 BUY Must be logged in to use chart T-T Telus Corp

(Market Call Minute.) At $40 or lower, this is a great buy.


Price:
$40.450
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Unknown
2016-02-05 COMMENT Must be logged in to use chart TCN-T Tricon Capital Group

A real estate manager with over $2 billion worth of a wide range of properties in the US. Everything from single family homes to some lower cost properties. Has a decent dividend. He likes this company. Has underperformed recently and is not sure if this is just going down with the real estate sector or something to do with the oil prices. Vacancy rate is well under 10% for their properties.


Price:
$8.310
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Yes
2016-02-05 BUY Must be logged in to use chart TD-T Toronto Dominion

Banks have come off 5%-17% from their recent highs, and this is a great buying opportunity. You are getting them well below market multiples. He prefers using the BMO S&P TSX Equal Weight Bank Index (ZEB-T).


Price:
$52.400
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Unknown
2016-02-05 BUY Must be logged in to use chart VNR-T Valener Inc.

(Market Call Minute.) Loves this. A nice stable business.


Price:
$19.720
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Yes
2016-02-05 COMMENT Must be logged in to use chart WPK-T Winpak Ltd.

Likes this company. No debt. Has a market multiple, so is not cheap, but has been a great performer over the last year. Good free cash flow to enterprise value.


Price:
$42.590
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Yes
2016-02-05 BUY Must be logged in to use chart ZLU-T BMO Low Volatility US Equity ETF

BMO has a great suite of ETF’s. This one has done very, very well. You can buy this and set it aside, and you are going to do well.


Price:
$28.690
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Unknown
2015-11-24 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. US stocks look more promising than Canadian over the next year and perhaps even longer. GDP growth in the US is about twice as much as the Canadian, which is a tailwind that will favour the US market. Also, valuations are pretty attractive in the US market. It is hard to get excited about Canada when the metals are under pressure. On oil and gas, we are starting to see the light at the end of the tunnel. Banks although favoured are still under pressure.


Price:
$0.020
Subject:
CANADIAN & ETF's
Bias:
BULLISH on US MARKET
Owned:
_N/A
2015-11-24 BUY Must be logged in to use chart AD-T Alaris Royalty

Great company. Selling at less than 13X on a earnings basis and the debt is very, very low. Also, pays a decent dividend. Earnings have been a little disappointing, but think that is a short term blip. Have a very well thought out strategy for delivering earnings to the companies. A great entry point.


Price:
$24.600
Subject:
CANADIAN & ETF's
Bias:
BULLISH on US MARKET
Owned:
Yes
2015-11-24 TOP PICK Must be logged in to use chart BDT-T Bird Construction Income Fund

Has a below market multiple at about 15X. They have about $4 per share in cash. Analysts keep on increasing their estimates to catch up to what the company is actually doing. 5.5% dividend yield.


Price:
$13.940
Subject:
CANADIAN & ETF's
Bias:
BULLISH on US MARKET
Owned:
Yes
2015-11-24 HOLD Must be logged in to use chart COS-T (Acquired Canadian Oil Sands

Should the offer from Suncor (SU-T) be accepted? He thinks Suncor is going to do a better job with those assets than Canadian Oil Sands. This is very opportunistic of Suncor to be doing this at this time. Doesn’t expect there will be a better offer coming. There aren’t a lot of companies that can buy an asset this size.


Price:
$8.820
Subject:
CANADIAN & ETF's
Bias:
BULLISH on US MARKET
Owned:
Unknown
2015-11-24 COMMENT Must be logged in to use chart DFN-T Dividend 15 Split Corp.

This is kind of a leveraged play on high yielding common share. Some of them are really good.


Price:
$10.840
Subject:
CANADIAN & ETF's
Bias:
BULLISH on US MARKET
Owned:
Unknown
Showing 1 to 60 of 166 entries
<< < 1 2 3 > >>

No Comments.


You must be logged in to comment.