Stockchase Opinions

Chris Rankin, MBA, CFA Golf Town Income Fund GLF.UN-T BUY Sep 25, 2006

Fanastic fund. It has double digits earning growth. Fund is a little bit seasonal though. ($14.00 buying target price)
$11.050

Stock price when the opinion was issued

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

You might be interested:

DON'T BUY
Pays out 1005 of distribution. Retail sector can be competitive and better if they keep some cash on hand for growth.
DON'T BUY
Falls into the category of retail side which they tend to stay away from. Has had a good track record. Feels that the golf industry has pretty much peaked. Future growth is somewhat limited.
DON'T BUY
A specialty retailer and this is a tough competitive business. Relatively small and hence illiquid.
DON'T BUY
A very fragmented market with a lot of smaller players. A discretionary fund which they are not interested in.
WEAK BUY
The payout ratio last year was exceptional and will probably continue. He avoids retail and seasonal businesses and this one falls in that camp. If it's a small position in your portfolio, you probably won't go wrong.
BUY
Extremely strong management team. Weather conditions and weakness in the last quarter has cost the stock to drop. A good growth name to own.
BUY
Big box retailers have definitely been outperforming other retailers. Likes this one. Good format.
BUY
A premier golf retailer in Canada.
BUY
Likes this one. They are retailers first, not just sellers of golf clubs. Could be a takeout down the road.