Stockchase Opinions

Michael SmedleyBrascan CorporationBAM.LV.A.TOBUYJul 20, 2006

Very solid hold. It should continue to go up. They are in a great area. Well-managed.
$45.71

Stock price when the opinion was issued

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BUY

He owns some of the Brookfield stocks. This is the top company in the pack. A truly great company with fine management. You can buy and hold this and do it on a DRIP. Ride it for a long time.

HOLD
Relative to the rest of the financials, it has been a standout in the last number of months,. Strong uptrend. A bit of a concern is that it has not made a higher high for a number of months.
BUY ON WEAKNESS
A closed end sort of alternative asset management. Has large positions in the properties, hydro electric, timber. A little bit expensive. Would buy on 10% weakness.
DON'T BUY
3 companies, Brookfield Asset Management (BAM.A-T), Home Capital (HCG-T) and Kingsway Financial (KFS-T) have been great calls for the last couple of years and all 3, in the last couple of months, have started to show weaker characteristics. Most of it is probably due to higher interest rates and prospects in the real estate market.
BUY
A good stock to have in a portfolio. You are getting good revenue streams and profits from various activities. Very well run company.
BUY
In a group that is performing very well right now. One of the nice things about asset management is that it tends to be really stable revenue. This company manages interesting types of assets that institutional investors are interested in. Not cheap.
BUY
Just split the shares 3 for 2 and raised the dividends. Will be a slow grower. Valuation is enticing but not fantastic. Safe to own.
BUY
A well diversified company, used to be "Brasscam" More value to come. More growth here.
BUY
Starting to look at this one. Likes what they are doing.
TOP PICK
Management has been concentrating on hot assets. Have a lot of forested land in B.C. Forestry is a commodity that has not moved but there will be a big demand out of Asia. They have raised their dividend consistently.
BUY
A very strong stock. It is continually trading above the 200 day moving average. Because of the new name, it will take a while for people to get used to it. Should go to new all time highs.
TOP PICK
Blue chip. Very clever company. Solidly run.
DON'T BUY
Had a spectacular rise. No sign of a top yet. 1 year chart shows movements are starting to get laboured and the trend line has become much more gentle. Made a top in Sept and then a slightly higher top in Oct which could be a sign that the stock is running out of steam. Once it breaks the trend line, the downtrend will start to get underway.
BUY
For an investor looking for a solid conservative investment, it's very good. Have made very good decisions on directions they want to move. The only issue is right now is what are they going to do with all that cash. They'll probably increase the dividends and buy back shares.