Chris FernycAlliance Atlantis Communications Inc. (B)AAC.B.TOTOP PICKApr 14, 2005
Thinks there's very solid upside over the next year and a half. If there's going to be media consolidation, this is an obvious target. Have 3 main assets, a 51% interest in a film distribution trust, a whole suite of specialty broadcast channels in Canada and 50% owners of the CSI TV series.
(A Top Pick Dec 1/06. Up 21%.) Takeover by CanWest (CGS-T). The review will take a little while and could run into the fall. He sold his holdings sometime back.
(A Top Pick Feb 27/06. Up 26.5%.) Still likes. Could be an acquisition in the mix. Generating a fair amount of cash, buying back stock and reducing debt.
Have the CSI franchise as well as 13 specialty channels. Also have a 51% interest in the film distribution. Earnings expectations are improving. Have been bringing down their debt and buying back stock.
This company is behind the CSI franchaise. Believes that there is good long term value. Risks involve film distribution and lower TV ratings of the CSI shows. Target around $45.00
Have a few issues to be sorted out, which should be done in the next couple of months. Have the CSI franchise as well as specialty channels. Steady earnings stream gives you a stable investment in this choppy market.
(A Top Pick May 16/06. Down 2.4%.) Have one firm bid with some other potential bids for their 50% that they own in film distribution. Still sees higher highs for their core business which is based on the CSI series.