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TSE:AIM

Aimia (AIM.TO)

2.78
+0.01 (0.18%)
as of Jun 15, 2026, 7:59:58 pm Market Open.
34 watching
0
DON'T BUY
Loyalty plan. Big concern is that there is a push to allow members to redeem points. Analysts are concerned about large amounts of redemptions on points that are about to expire.
TOP PICK
Aeroplan is one of the leading loyalty programs globally. In a growth phase. Have some expansion opportunities. 4% dividend and generates a lot of free cash flow.
DON'T BUY
Doesn’t intend to own it. All these loyalty programs – if you subscribe to all, your wallet gets too fat. There are too many of them. Merchants are starting to question what they are getting from them. It’s hard for the stock to increase its penetration. However, they are expanding internationally. He doesn’t like the fundamentals of the industry or the prospects for growth going forward.
DON'T BUY
Bond. This one is a little on the risky side so he tends to veer away from it. Trading well, but he would prefer to err on the conservative side.
PAST TOP PICK
(Top Pick Dec 18/09, Down 10.31%) Would look at for dividend investing.
PAST TOP PICK
(A Top Pick Dec 17/09. No change.) Premier global franchise but little known. Likes the dividend.
PAST TOP PICK
(A Top Pick Dec 18/09. Up 1.02%.) A global leader in loyalty management and although consumers are a bit out of fashion right now, consumers will continue to spend. Lots of opportunity going forward.
TOP PICK
Transformed from a trust and cut its distribution but maintained a 5% dividend, which is very sustainable. Generates a ton of cash. Trades at roughly 10% free cash flow yield. Just completed a large acquisition. Interesting growth profile going forward.
PAST TOP PICK
(A Top Pick Dec 8/08. Up 31.93%.)
TOP PICK
Will generate $1.40 to $1.50 in cash next year. Only trading at around 5 X cash flow. 6.6% yield. During tougher economic times, people will be utilizing points more and more. This will increase the revenue stream.
DON'T BUY
(Email: There is talk of a class action suit because of their practice of cancelling points without warning.) 4.4% yield is not very attractive. Doesn't see any reason you should own this one. Very complicated accounting.
PAST TOP PICK
(A Top Pick Feb 27/07. Up 7.7%.) The loyalty program business has been one that has been growing over a number of years.
DON'T BUY
Great business, but not necessarily a great stock. Valuation is too high. Management has done a tremendous job of finding new niches and growing its business.
TOP PICK
With the business model of consumer loyalty programs, it will do nothing but grow over the next number of years.
DON'T BUY
Continually scratches his head over the valuation on this one. A good business model and its consumer segment is strong in Canada, but the valuation looks incredibly rich at 18 X EBITDA.
Showing 31 to 45 of 54 entries