Daily Stock Opinions and Ratings

Opinions

James LeungAssociated Brands Income FundABF.UN.TODON'T BUYJan 27, 2006

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.

James Leung

Unlock Rating

$2.69

Stock price when the opinion was issued

investment companiesfunds

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:

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

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

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.

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

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.

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.

DON'T BUY

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

DON'T BUY

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.

BUY

A wide assortment of goods.

Wealthica The ultimate 360° Tracker Your financial life in one place, automatically

Most Recent Experts

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Keith Richards

ValueTrend Wealth Management

Joe Terranova

Virtus Investment Partners

Stephen Weiss, Founder, Short Hills Capital Partners

Short Hills Capital Partners

Rob Sechan, Managing Partner, New Edge Capital

New Edge Capital

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 : [email protected].

Summer Sale

James LeungAssociated Brands Income FundABF.UN.TODON'T BUYJan 27, 2006

You might be interested:

Associated Brands Income Fund(ABF.UN.TO)

Associated Brands Income Fund(ABF.UN.TO)

Associated Brands Income Fund(ABF.UN.TO)

Associated Brands Income Fund(ABF.UN.TO)

Associated Brands Income Fund(ABF.UN.TO)

Associated Brands Income Fund(ABF.UN.TO)

Associated Brands Income Fund(ABF.UN.TO)

Associated Brands Income Fund(ABF.UN.TO)

Associated Brands Income Fund(ABF.UN.TO)

Latest Buy Signals

Today's Top Picks

Popular Articles

Latest Sell Signals

Most Recent Experts

The Panic-Proof Portfolio (Stockchase Research)

Keith Richards

Joe Terranova

Stephen Weiss, Founder, Short Hills Capital Partners

Rob Sechan, Managing Partner, New Edge Capital