DHX Media (DHX.B.TO)

They lost Disney (DIS-N), but have more than replaced it with other properties. You would think it would be higher. Kind of an orphan in Canada as there is nothing else like it. It is not well followed by Bay Street and the comparables are more US. All they can do is just keep grinding out the numbers, and eventually it will work and should go higher than $6.29. He owns the bonds.

(Market Call Minute.) Has been concerned about the company, but likes the long-term prospects.

Wonderful company, worldwide. He will continue to hold it, based on tremendous creativity in Canada. It is a smaller cap Disney type of Canada and some day it might be bought by somebody.

Has always been a big fan of content. They’ve done a lot of acquisitions including Teletubbies. The acquisition story in Canada is a tough one and you have to be the best and the biggest, and have deep pockets with the ability to go to the market to keep getting cash. Thinks this has a pretty good future, and at this price it is probably not a bad Buy.

This is a business with very high quality and very valuable content. Kids programming lasts way longer than your average typical TV show. They have been very successful in acquiring good brands, and then using those brands in merchandising deals. The Teletubbies used to be a $1 billion a year franchise, and the market cap today is about $700 million. They got renewal in the UK for the 2^nd season and it has been launched in the US. If successful, it could do incredibly well. Dividend yield of 0.97%.

Has been kind of quiet in the past year or so, but have been making some acquisitions. They are building their children’s library. Made some great deals with partners. Things are looking okay, but the stock is really not acting well. Thinks this is a 10-year story. Just park it and put it away for a few years, and you’ll be okay.

DHX Media (DHX.B-T) or Concordia (CXR-T)? DHX has raised money trying to grow. They lost the Disney channel, but are making it up in China. A fairly cheap stock, but not very well known, and doesn’t get a premium valuation. You are going to have to be patient with it.

(Market Call Minute.) His initial Sell target was $4.24, but now thinks he would hold this until it gets over $5.

A content provider, and everybody wants content, so at this point it has probably bottomed out. It is difficult to get content in Canada, so if you want exposure this is one that you could look at.

Children’s animation and television programming. Last quarter was much better than expected and the prior quarter was great. They have a small dividend which probably gets slowly raised over time. They are in the situation where they are just building out their children’s library. What he really likes is that most of their children’s programming is not dependent on language. This is a name that should be held for 3-5 years.

There is technical resistance just under $10. There is no case of building.

He likes the story. Just came out with earnings this morning. They came out with pretty good guidance. He likes the management team and he expects some growth.

This is content, which has done really well in the stock market. They have periodically mentioned selling the company at some point before the cycle “content” matures, so she is holding onto her holdings.

They are building a content library worldwide in children’s programming. Their former companies were acquired, and this is probably their end game. Thinks it is very, very early to consider an acquisition right now. This is one that you want to sit and park for 5 years. Let them build their business, build the library and build their valuation. Have been raising the dividend. Everything is going totally perfect according to plan. Last quarter was a screaming surprise to the upside. A solid company with a great management team.

Not a fan of dual share companies. This story had been very compelling and became over-loved. A compelling story can only get so compelling before it runs out of steam. Technically it is not going anywhere.