Viewing Expert Allan Meyer | StockChase
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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
2015-09-10 BUY Must be logged in to use chart CTC-T Canadian Tire Corporation Ltd

This is one of the companies in his safety and value portfolio.  Valuations are okay, 15 times and he does not expect huge increases in earnings.  They are in great shape on a balance sheet.  He has had no sell signals.  They are showing good quarterly earnings momentum.


Price:
$220.000
Subject:
CANADIAN & ETF's
Bias:
BULLISH on ECONOMY
Owned:
Yes
2015-07-22 COMMENT Must be logged in to use chart CTC.A-T Canadian Tire Corporation Ltd. (A)

This company has been amazing. They have done really, really well. They got the Forzani group. Have spun off the real estate trying to recognize some of the value. Have had a lot of competition over the years but they seem to rise to the top. The only trouble is, they don’t have the dividend yield that the banks have.


Price:
$131.440
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Unknown
2015-11-24 COMMENT Must be logged in to use chart VRX-T Valeant Pharmaceuticals

Domiciled in Canada, but the vast majority of their sales are outside of Canada. Forward PE is trading at 8 times, but trailing more than 30 times. Hopefully they will be able to continue delivering on results and will grow into their multiple. One of his concerns is that they make a lot of acquisitions. Management has explained how they are very disciplined in doing that, and they seem to have a well thought out strategy. However, wonders about the skeletons in the closets that they don’t know about and only find out afterwards. Tends to stay away from companies that make lots of acquisitions.


Price:
$116.360
Subject:
CANADIAN & ETF's
Bias:
BULLISH on US MARKET
Owned:
No
2015-09-10 DON'T BUY Must be logged in to use chart CXR-T Concordia Healthcare

They are like a mini Valiant.  They are buying some of the operations of the companies that are into drugs that have come off patent.  He is cautious.  There could be skeletons in the closet.


Price:
$96.930
Subject:
CANADIAN & ETF's
Bias:
BULLISH on ECONOMY
Owned:
No
2015-11-24 COMMENT Must be logged in to use chart DOL-T Dollarama Inc.

Would you average up? He loves this company. It has a pretty high PE ratio, so if they should disappoint on their earnings as some point, you could see a pretty good correction. Have been delivering on the results and have done a wonderful job. He would hesitate to average up at this point.


Price:
$89.090
Subject:
CANADIAN & ETF's
Bias:
BULLISH on US MARKET
Owned:
No
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
2015-11-24 BUY Must be logged in to use chart RY-T Royal Bank

Hold or switch to a US bank? You have to have some Canadian banks and this is one that he would definitely be buying. Doesn’t think the banks are going to give us spectacular growth, but they will give us solid performance. You will see dividend increases going forward.


Price:
$75.260
Subject:
CANADIAN & ETF's
Bias:
BULLISH on US MARKET
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
2015-05-14 BUY Must be logged in to use chart CNR-T Canadian National R.R.

Railways are great ways of playing the general recovery in the economy.  With oil prices dropping they are not shipping as much oil by rail.  He likes management at CP-T a little more.  As long as you have a positive view on the economy he would be comfortable in either names but prefers CP-T.


Price:
$73.570
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
No
2015-11-24 PAST TOP PICK Must be logged in to use chart RCH-T Richelieu Hardware

(A Top Pick July 22/15. Up 8.28%.) This does the supplying into retail hardware stores.


Price:
$70.650
Subject:
CANADIAN & ETF's
Bias:
BULLISH on US MARKET
Owned:
Yes
2015-07-22 PAST TOP PICK Must be logged in to use chart MG-T Magna Int'l. (A)

(A Top Pick May 14/15. Up 4.71%.) Is still quite pleased with this. A good performer. They recently did an acquisition of a German company, so they are using up a little bit of their cash hoard. It still rates very, very well. Relatively inexpensive.


Price:
$70.260
Subject:
CANADIAN
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
2015-05-14 TOP PICK Must be logged in to use chart MG-T Magna Int'l. (A)

It is a large cap, well recognized name with a lot of upward momentum.  He expects earnings to increase significantly.  Under a 10 times earnings multiple.  There has been some positive earnings momentum.


Price:
$67.360
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
Yes
2015-09-10 TOP PICK Must be logged in to use chart LNR-T Linamar Corp

One of his favourites.  He wonders if they are coming under pressure with trade deals.  High Quality, low debt levels with high growth potential.  It is a good opportunity to buy this one.


Price:
$67.290
Subject:
CANADIAN & ETF's
Bias:
BULLISH on ECONOMY
Owned:
Yes
2015-09-10 PAST TOP PICK Must be logged in to use chart RCH-T Richelieu Hardware

(Top Pick Jul 22/15, Up 1.24%) They are not your normal hardware company.  They supply to hardware warehouse retail stores.  They have a little higher multiple than he looks for, but the debt is very, very low.


Price:
$66.990
Subject:
CANADIAN & ETF's
Bias:
BULLISH on ECONOMY
Owned:
Yes
Showing 1 to 15 of 166 entries
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