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
2015-11-24 BUY Must be logged in to use chart ZWB-T BMO Covered Call Cdn Banks ETF

High quality product. Great diversification. He favours this as an investment going forward.


Price:
$16.110
Subject:
CANADIAN & ETF's
Bias:
BULLISH on US MARKET
Owned:
Unknown
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
2016-04-01 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:
$18.920
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
No
2015-11-24 COMMENT Must be logged in to use chart ZQQ-T BMO NASDAQ 100 Equity Hedged-Cdn$

He likes to hedge to the Cdn$ where he can. With the currency the way it is, you can lose or gain 10% very quickly. He likes to remove the currency risk if he can.


Price:
$36.140
Subject:
CANADIAN & ETF's
Bias:
BULLISH on US MARKET
Owned:
Yes
2015-11-24 HOLD Must be logged in to use chart ZPR-T BMO S&P/TSX Laddered Preferred

This gives great diversification with a higher dividend and gives you instant diversification with hundreds of preferred shares. He likes the ladder component. As interest rates rise, you are going to have shares redeemed and invested at a higher rate. However, as interest rates have stayed lower longer than expected, we are now starting to get resets at a much lower level. Preferreds have come under tremendous pressure. Probably overdone in the short term and have gone down to very low values.


Price:
$10.540
Subject:
CANADIAN & ETF's
Bias:
BULLISH on US MARKET
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
2015-09-10 BUY Must be logged in to use chart ZEB-T BMO Equal Weight Bank ETF

The 6 big banks over the long term are one of the best areas to go into.  He likes equal weight and likes CEW-T because of the insurance companies but this one is good.  TD-T, BNS-T and RY-T are his favourites if you don’t like an ETF.


Price:
$21.070
Subject:
CANADIAN & ETF's
Bias:
BULLISH on ECONOMY
Owned:
Unknown
2004-04-12 BUY Must be logged in to use chart Y-T Yellow Media Inc Very high quality. Very comfortable with the payments and that they will be maintained. Expects an increase.
Price:
$11.760
Subject:
INCOME TRUSTS
Bias:
BULL on INCOME TRUSTS
Owned:
Yes
2015-07-22 BUY Must be logged in to use chart XSP-T iShares S&P 500 (CAD-Hedged) ETF

ETF’s or stocks for $5000 a year TFSA account on a 10-12 your hold? He thinks a broad-based ETF would make a lot of sense. One of the indexes that he likes is the S&P 500, which is much better diversified than the Canadian one.


Price:
$24.410
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Unknown
2015-07-22 COMMENT Must be logged in to use chart XSP-T iShares S&P 500 (CAD-Hedged) ETF

An all season ETF for a dividend investor? He likes this one which gives you a much better diversification than you can get in the Canadian market. Their currency on this has been hedged away, so you are not going to worry about it going up and down, especially over a long time frame. If you want to be a bit more aggressive, there is the Purpose Core Dividend Fund (PDF-T).


Price:
$24.410
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Unknown
2015-09-10 COMMENT Must be logged in to use chart XIC-T iShares S&P/TSX Capped Comp. ETF

Exposure to a broad market.  It is well disposed toward someone who is a trader.  For an investor, he would recommend XSP-T.  You take away the currency risk. 


Price:
$21.590
Subject:
CANADIAN & ETF's
Bias:
BULLISH on ECONOMY
Owned:
Unknown
2015-11-24 HOLD Must be logged in to use chart WTE-T Westshore Terminals Inc.

Large coal export facility in BC. Just cut their dividend because the coal business is in trouble. This rates pretty high in his ratings. It has a low PE. China does need our metallurgical coal, so they will utilize these terminals.


Price:
$18.970
Subject:
CANADIAN & ETF's
Bias:
BULLISH on US MARKET
Owned:
Yes
2015-05-14 BUY Must be logged in to use chart WPK-T Winpak Ltd.

A significant holding.  He likes their operations.  Good balance sheet and low debt level.  You could see dividend increases.  They keep surprising to the upside.


Price:
$39.750
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
Yes
2015-07-22 TOP PICK Must be logged in to use chart WPK-T Winpak Ltd.

Has a wide variety of packaging stuff and are also into the pharmaceuticals as well. This has been one of the best performing stocks that he has owned. Management owns over 50% of the shares. Dividend yield of 0.28%.


Price:
$43.550
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Yes
2015-09-10 PAST TOP PICK Must be logged in to use chart WPK-T Winpak Ltd.

(Top Pick Jul 22/15, Down 8.47%) The weaker Canadian dollar should be beneficial to them.  It has had wonderful performance over the last few years.  It has decent forward cash flow.  They basically don’t have any debt.  It may be a buying opportunity at these levels.


Price:
$39.630
Subject:
CANADIAN & ETF's
Bias:
BULLISH on ECONOMY
Owned:
Yes
2015-11-24 PAST TOP PICK Must be logged in to use chart WPK-T Winpak Ltd.

(A Top Pick July 22/15. Up 5.45%.) One of the best performers that he has had. A global play on food packaging. Insiders own a significant part of the company.


Price:
$43.860
Subject:
CANADIAN & ETF's
Bias:
BULLISH on US MARKET
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
2015-07-22 COMMENT Must be logged in to use chart WJA-T Westjet Airlines

This has come under a lot of pressure. There has been talk of the pilots unionizing. Also, they recently cut their 2nd quarter revenue forecasts. Analysts are now seeing that it has overshot on the downside and you need to pick it up. PE is less than 8 times. There should be further upside from here.


Price:
$21.330
Subject:
CANADIAN
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
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
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
2016-04-01 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
2015-05-14 BUY on WEAKNESS Must be logged in to use chart VET-T Vermilion Energy Inc

It is a wonderful company and he would look to buy it on a pullback.  They have operations around the world. 


Price:
$55.070
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
No
2015-05-14 HOLD Must be logged in to use chart TRP-T TransCanada Corp

It is good for widows and orphans.  It does not quite make the grade in his strategy.  He would rather have IPL-T and others.  It is fine but don’t expect large increase in the dividend going forward.


Price:
$53.610
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
Unknown
2015-11-24 COMMENT Must be logged in to use chart TOU-T Tourmaline Oil Corp

Over 80% in natural gas. If you have a longer timeframe, this is definitely one of those companies he would consider buying if natural gas prices turn up. Well managed. They keep their cost structure way down. It might be a year before you see any movement in natural gas prices.


Price:
$25.730
Subject:
CANADIAN & ETF's
Bias:
BULLISH on US MARKET
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
2016-02-05 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
2016-04-01 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
2015-09-10 WATCH Must be logged in to use chart TCW-T Trican Well Service Ltd.

A leveraged play on the oil and gas companies.  They have to do more for less.  When you get a turn on the oil price, these are one of the guys that are a warrant on the industry.  You have to do it at the right time.


Price:
$1.690
Subject:
CANADIAN & ETF's
Bias:
BULLISH on ECONOMY
Owned:
Unknown
2015-07-22 BUY Must be logged in to use chart TCN-T Tricon Capital Group

This has housing in the US. One of his favourites. Good cash flow that is very reasonable. Debt to equity is about 30%.


Price:
$11.970
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Yes
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
2016-04-01 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
2015-05-14 BUY Must be logged in to use chart T-T Telus Corp

He is not concerned about the short term move.  You have a decent dividend and good growth prospects.  A wonderful history of increasing dividends.


Price:
$41.540
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
Yes
2015-11-24 COMMENT Must be logged in to use chart T-T Telus Corp

Great company. Probably a little bit growthier than some of the others. On his Safety & Value strategy, it rates very, very well, probably in the top quartile of the names that he is looking at.


Price:
$41.330
Subject:
CANADIAN & ETF's
Bias:
BULLISH on US MARKET
Owned:
Yes
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
2015-07-22 COMMENT Must be logged in to use chart SVC-T (Dead) Sandvine Corp.

Rates in the 1st quartile in his strategy ranking. It does not pay a dividend. PE is a little high, but it has great free cash flow at about 7.8%. You don’t buy this for the dividend, you buy it for the increase in value. They have no debt.


Price:
$3.490
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Yes
2015-09-10 DON'T BUY Must be logged in to use chart SVC-T (Dead) Sandvine Corp.

The earnings came in lower than expected.  The sales pipeline is taking longer on these larger contracts. but the market will only be so patient.  The debt is not excessive and they show up as good value, but pushing out contracts concerns him.  It might get taken out and the cash flow is very attractive.


Price:
$2.530
Subject:
CANADIAN & ETF's
Bias:
BULLISH on ECONOMY
Owned:
Unknown
2015-05-14 HOLD Must be logged in to use chart SU-T Suncor Energy Inc

As long as you get higher oil prices you will get growth.  He pared back his oil and gas exposure over the last months.  He can’t justify a full market exposure for his conservative clients.  He prefers pipelines and so on.


Price:
$36.300
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
No
2015-09-10 DON'T BUY Must be logged in to use chart SU-T Suncor Energy Inc

We are getting a lot closer in this industry, but he is cautious with this one now.  It is expensive on a PE basis.  They are having problems with some of their operations and there is negative publicity about the oil sands.


Price:
$35.030
Subject:
CANADIAN & ETF's
Bias:
BULLISH on ECONOMY
Owned:
No
2015-09-10 BUY Must be logged in to use chart STN-T Stantec Inc

Prefers over SNC-T because the RCMP is not marching into their offices.  It is one of the companies in his safety and value strategy.  He just bought ARE-T as well.


Price:
$30.390
Subject:
CANADIAN & ETF's
Bias:
BULLISH on ECONOMY
Owned:
Yes
2015-05-14 DON'T BUY Must be logged in to use chart STB-T Student Transport of America Ltd.

It has a significant short position.  They have a higher debt level than he focuses on.  They are okay on the interest coverage, but he is just not a fan.  We are getting closer to the end of the school year.


Price:
$6.470
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
Unknown
2015-11-24 DON'T BUY Must be logged in to use chart STB-T Student Transport of America Ltd.

Not a fan of this. Ranks reasonably well. Has such a large P/E ratio that he has been scared off. Book Value has been written down to practically nothing. Analysts have been cutting back on their estimates too, so be careful.


Price:
$5.440
Subject:
CANADIAN & ETF's
Bias:
BULLISH on US MARKET
Owned:
No
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
2004-04-12 HOLD Must be logged in to use chart SRU.UN-T Smart REIT This is a favorite. Think the distributions will be increased. The US REIT's were off last week which probably had some effect on the stock. Could have more weakness.
Price:
$16.000
Subject:
INCOME TRUSTS
Bias:
BULL on INCOME TRUSTS
Owned:
Yes
2004-04-12 BUY Must be logged in to use chart SPB-T Superior Plus Corp Instead of paying a bonus payment this year, they decided to level their payments and this created a drop in the price. Disbursements have been increased. Great management.
Price:
$26.360
Subject:
INCOME TRUSTS
Bias:
BULL on INCOME TRUSTS
Owned:
Unknown
2015-11-24 COMMENT Must be logged in to use chart SPB-T Superior Plus Corp

Has a pretty healthy PE ratio. Dividend yield of 7%+ and ranks pretty well on his metrics. However, analysts have been bringing their estimates down recently, so he would be careful in the short term.


Price:
$10.240
Subject:
CANADIAN & ETF's
Bias:
BULLISH on US MARKET
Owned:
No
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
2015-11-24 COMMENT Must be logged in to use chart SLF-T Sun Life Financial Inc

Great West Life (GWO-T), Manulife (MFC-T) or Sun Life (SLF-T) for the best upside? That’s a tough question, because he likes all 3. Insurance companies will do well in the economy he sees going forward. Lifecos have a little bit more torque on the upside with rising interest rates. Right now Manulife would be his favourite.


Price:
$43.740
Subject:
CANADIAN & ETF's
Bias:
BULLISH on US MARKET
Owned:
Yes
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 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 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
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
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
2016-04-01 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
2015-07-22 TOP PICK Must be logged in to use chart RCH-T Richelieu Hardware

Not really a hardware store, but they supply hardware to various things. Import a lot and manufacture and distribute specialty hardware. It does have free cash flow and net cash on the balance sheet. Strong balance sheet. Dividend yield of 0.83%.


Price:
$66.000
Subject:
CANADIAN
Bias:
UNKNOWN
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
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
2015-05-14 TOP PICK Must be logged in to use chart RBA-T Ritchie Bros Auctioneers Inc.

They sell multimillion dollar items.  It is a bit expensive on a PE basis.  A clean balance sheet and small debt to equity ratio.  They cover their interest by about 25 times.  They have had significant earnings announcement surprises to the upside.


Price:
$34.290
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
Yes
2015-07-22 PAST TOP PICK Must be logged in to use chart RBA-T Ritchie Bros Auctioneers Inc.

(A Top Pick May 14/15. Down 0.14%.) This still rates very well in his ranking and still looks like very good value. Has decent free cash flow of about 6%. They are earning lots of money to cover their interest payments.


Price:
$34.170
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Yes
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