Daily Stock Opinions and Ratings

Opinions

Leslie Lundquist Associated Brands Income Fund ABF.UN-T DON'T BUY May 18, 2004

Deal both in Canada and the US so there has been some currency weakness. We'll be a change in CEOs. Not sure how stable the distribution will be.

Leslie Lundquist

Owned

Unlock Rating

$9.850

Stock price when the opinion was issued

investment companies funds

It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

Get Signals Create your Watchlist

You might be interested:

BUY

A wide assortment of goods.

DON'T BUY

Ran into difficulty with currency. 3rd quarter results were disappointing. Some input costs of goods increased dramatically.

DON'T BUY

40% of their distributable income is from the US and the strong move on the CD$ has hurt them. In a business that is highly competitive.

SELL

Sold because of concerns with their operating fundamentals. Facing pressures on revenue and costs which will squeeze margins. Revenues are facing increased competitive pressures in drink-mix/artificial sweetener products. Rising energy, raw material and packaging costs is also a problem. Have missed on their last quarters. Credibility issue also.

SELL

Dropped in value because they cut their distribution. Have owned in the past, sold. Continues to be a high risk name, move out of trust. Could rebound. Small trust, under a million. Many other better trusts out there to buy

DON'T BUY

This is a sector that they stay away from. The consumers product area is an extremely competitive market. Small guys can be squeezed by the big players.

DON'T BUY

Operating fundamentals continue to deteriorate. Hasn't met its growth forcasts and has continually disappointed. High energy prices will create a challenge for them.

DON'T BUY

They come up with disappointment after disappointment. Have cut their distributions a couple of times. Running into difficulty with their debt covenance. Trying to re-negotiate new debt. which they were finally able to do. 3rd quarter results were very weak.

DON'T BUY

Manufacturer of private label dry-blend food products. Has serious concerns. Have yet to achieve their targets. The high Canadian$, high material costs and intense national competition have continued to hurt them.

Most Recent Experts

Stockchase Insights

5i Research

Michael Hakes - CFA, MBA

Murray Wealth Group

Stephen Weiss, Founder, Short Hills Capital Partners

Short Hills Capital Partners

Jim Lebenthal

Cerity Partners

Brenda Vingiello, CIO, Sand Hill Global Advisors

Sand Hill Global Advisors

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.

Leslie Lundquist Associated Brands Income Fund ABF.UN-T DON'T BUY May 18, 2004

You might be interested:

Associated Brands Income Fund(ABF.UN-T)

Associated Brands Income Fund(ABF.UN-T)

Associated Brands Income Fund(ABF.UN-T)

Associated Brands Income Fund(ABF.UN-T)

Associated Brands Income Fund(ABF.UN-T)

Associated Brands Income Fund(ABF.UN-T)

Associated Brands Income Fund(ABF.UN-T)

Associated Brands Income Fund(ABF.UN-T)

Associated Brands Income Fund(ABF.UN-T)

Latest Buy Signals

Today's Top Picks

Popular Articles

Latest Sell Signals

Most Recent Experts

Stockchase Insights

Michael Hakes - CFA, MBA

Stephen Weiss, Founder, Short Hills Capital Partners

Jim Lebenthal

Brenda Vingiello, CIO, Sand Hill Global Advisors