Altus Group

AIF-T

Analysis and Opinions about AIF-T

Signal
Opinion
Expert
BUY
BUY
September 10, 2019
A former top pick. It's had a nice run this year. It's a real estate service company transforming into a tech, the Bloomberg of real estate, that's growing by double-digits. A good one to hold for the long run. Good managers.
Altus Group (AIF-T)
September 10, 2019
A former top pick. It's had a nice run this year. It's a real estate service company transforming into a tech, the Bloomberg of real estate, that's growing by double-digits. A good one to hold for the long run. Good managers.
Stephen Takacsy, B. Eng, MBA
Chief Investment Officer & Portfolio Mgr, Lester Asset Management
Price
$37.800
Owned
Yes
PAST TOP PICK
PAST TOP PICK
June 3, 2019
(A Top Pick Jun 14/18, Up 3%) They have a real estate / software platform. They are a global player. They have all these consulting businesses that act as a drag on the company. They may shed some businesses.
Altus Group (AIF-T)
June 3, 2019
(A Top Pick Jun 14/18, Up 3%) They have a real estate / software platform. They are a global player. They have all these consulting businesses that act as a drag on the company. They may shed some businesses.
Stephen Takacsy, B. Eng, MBA
Chief Investment Officer & Portfolio Mgr, Lester Asset Management
Price
$29.860
Owned
Yes
TOP PICK
TOP PICK
June 14, 2018

A software provider for commercial real estate portfolios. They also have a consulting service. They are migrating more and more clients around the world onto their platform. There is good organic growth. (Analysts’ target: $38.78).

Altus Group (AIF-T)
June 14, 2018

A software provider for commercial real estate portfolios. They also have a consulting service. They are migrating more and more clients around the world onto their platform. There is good organic growth. (Analysts’ target: $38.78).

Stephen Takacsy, B. Eng, MBA
Chief Investment Officer & Portfolio Mgr, Lester Asset Management
Price
$29.390
Owned
Yes
BUY
BUY
May 24, 2018

They have chunky earnings. They are building out software as a service to the real estate market. You have to think 1 to 2 years on this one.

Altus Group (AIF-T)
May 24, 2018

They have chunky earnings. They are building out software as a service to the real estate market. You have to think 1 to 2 years on this one.

Ryan Modesto
Managing Partner, 5i Research
Price
$28.970
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
March 1, 2018

(A Top Pick Apr 11/17, Up 6%) He still likes it. There is the analytics with higher, stickier recurring revenues. They are still getting recurring revenue increases. You get quarter to quarter wild swings.

Altus Group (AIF-T)
March 1, 2018

(A Top Pick Apr 11/17, Up 6%) He still likes it. There is the analytics with higher, stickier recurring revenues. They are still getting recurring revenue increases. You get quarter to quarter wild swings.

Ryan Modesto
Managing Partner, 5i Research
Price
$31.490
Owned
No
COMMENT
COMMENT
June 27, 2017

This is involved in real estate, and the real estate holdings in Canada have seen a bit of a pullback recently. Dividends have been pretty steady, giving about a 2% yield. It’s not enough to get him too interested, especially since he sees some slowing in the housing market. He would look at this if he got some actual real negative housing news.

Altus Group (AIF-T)
June 27, 2017

This is involved in real estate, and the real estate holdings in Canada have seen a bit of a pullback recently. Dividends have been pretty steady, giving about a 2% yield. It’s not enough to get him too interested, especially since he sees some slowing in the housing market. He would look at this if he got some actual real negative housing news.

Ryan Bushell
President, Newhaven Asset Management
Price
$28.090
Owned
No
TOP PICK
TOP PICK
April 11, 2017

A real estate advisory consultant firm, and also trying to build end to end software service solutions for real estate data and real estate analytics. This is what the markets are really starting to get interested in now. A higher margin business and recurring revenues. There is a good short term catalyst here, where they actually own 14% of a private company called Real Matters, which sooner or later is going to IPO with a possible $1 billion valuation. Dividend yield of 2%. (Analysts’ price target is $36.50.)

Altus Group (AIF-T)
April 11, 2017

A real estate advisory consultant firm, and also trying to build end to end software service solutions for real estate data and real estate analytics. This is what the markets are really starting to get interested in now. A higher margin business and recurring revenues. There is a good short term catalyst here, where they actually own 14% of a private company called Real Matters, which sooner or later is going to IPO with a possible $1 billion valuation. Dividend yield of 2%. (Analysts’ price target is $36.50.)

Ryan Modesto
Managing Partner, 5i Research
Price
$30.260
Owned
No
TOP PICK
TOP PICK
August 26, 2016

Commercial real estate valuations. Consulting is their steady Eddie business, but they also have Altus Analytics, a software business which is a really high recurring business with strong margins, and which has been growing at about 30% per year. As well, they have a survey business which has been hurt by the energy sector and we are starting to see a turn in energy. Dividend yield of 2.19%.

Altus Group (AIF-T)
August 26, 2016

Commercial real estate valuations. Consulting is their steady Eddie business, but they also have Altus Analytics, a software business which is a really high recurring business with strong margins, and which has been growing at about 30% per year. As well, they have a survey business which has been hurt by the energy sector and we are starting to see a turn in energy. Dividend yield of 2.19%.

Bruce Campbell (2)
President & Portfolio Manager, Stone Castle Investment Management Inc.
Price
$26.850
Owned
Yes
PAST TOP PICK
PAST TOP PICK
November 26, 2014

(A Top Pick Oct 24/13. Up 68.99%.) Software and valuations for real estate. Just sold his holdings recently. The quarter was alright, but he had high expectations. Felt it got a little bit ahead of itself. Likes the management team.

Altus Group (AIF-T)
November 26, 2014

(A Top Pick Oct 24/13. Up 68.99%.) Software and valuations for real estate. Just sold his holdings recently. The quarter was alright, but he had high expectations. Felt it got a little bit ahead of itself. Likes the management team.

Peter Imhof
Vice President & Portfolio Manager, AGF Investments Inc
Price
$23.510
Owned
No
SELL
SELL
October 17, 2014

He has been lightening up. The big decline in energy services impacts this one. He does not see a lot of positive change for this company. He has a small position that he is looking to exit.

Altus Group (AIF-T)
October 17, 2014

He has been lightening up. The big decline in energy services impacts this one. He does not see a lot of positive change for this company. He has a small position that he is looking to exit.

James Hodgins
Chief Investment Officer, Curvature Hedge Strategies
Price
$20.250
Owned
Yes
SELL
SELL
June 16, 2014

Good company. Stock had a good run. At this point, it is too expensive to invest in. If he owned, he would consider selling and moving on to other opportunities.

Altus Group (AIF-T)
June 16, 2014

Good company. Stock had a good run. At this point, it is too expensive to invest in. If he owned, he would consider selling and moving on to other opportunities.

Alex Ruus
Portfolio Manager, Arrow Capital Management
Price
$24.050
Owned
No
TOP PICK
TOP PICK
October 24, 2013

New management team came in about a year ago and effects are just starting to be seen. Cut some of their lower margin business and concentrated on the higher margin areas. Over the last quarter, the 2 highest margin areas are the ones that have been increasing revenues much higher than everybody else in that portion of their business. Thinks the street still doesn’t know the story. 4.2% dividend.

Altus Group (AIF-T)
October 24, 2013

New management team came in about a year ago and effects are just starting to be seen. Cut some of their lower margin business and concentrated on the higher margin areas. Over the last quarter, the 2 highest margin areas are the ones that have been increasing revenues much higher than everybody else in that portion of their business. Thinks the street still doesn’t know the story. 4.2% dividend.

Peter Imhof
Vice President & Portfolio Manager, AGF Investments Inc
Price
$14.500
Owned
Yes
SELL
SELL
March 5, 2012
Got super bombed out with tax loss selling at the end of the year. This one got ridiculously oversold. This company is in disarray. There are senior people coming and going. You don't really know what you've got a year or 2 down the road.
Altus Group (AIF-T)
March 5, 2012
Got super bombed out with tax loss selling at the end of the year. This one got ridiculously oversold. This company is in disarray. There are senior people coming and going. You don't really know what you've got a year or 2 down the road.
Jason Donville
President & CEO, Donville Kent Asset Management
Price
$6.160
Owned
No
PAST TOP PICK
PAST TOP PICK
October 17, 2011
(A Top Pick Oct 4/10. Down 72%.) Got out of this one reasonably well at $11.85. A bad pick.
Altus Group (AIF-T)
October 17, 2011
(A Top Pick Oct 4/10. Down 72%.) Got out of this one reasonably well at $11.85. A bad pick.
Jason Donville
President & CEO, Donville Kent Asset Management
Price
$3.570
Owned
No
DON'T BUY
DON'T BUY
July 11, 2011
Thinks there is a lot of disarray in the company right now. Cut their dividends earlier in the year.
Altus Group (AIF-T)
July 11, 2011
Thinks there is a lot of disarray in the company right now. Cut their dividends earlier in the year.
Jason Donville
President & CEO, Donville Kent Asset Management
Price
$6.600
Owned
No
DON'T BUY
DON'T BUY
June 17, 2011
Real estate advisory and have a small survey business in western Canada. Q1 was disappointing. Would be concerned unless they could deliver stronger fundamental results.
Altus Group (AIF-T)
June 17, 2011
Real estate advisory and have a small survey business in western Canada. Q1 was disappointing. Would be concerned unless they could deliver stronger fundamental results.
Michael Simpson, CFA
Senior Vice-President, Sentry Investments
Price
$7.900
Owned
No
SELL STRENGTH
SELL STRENGTH
May 25, 2011
(A Top Pick Mar 23/10.) Got this one wrong. Not convinced with management. A lot of people leaving the company. Has no faith that they will be able to execute their strategy going forward. Recently cut dividends.
Altus Group (AIF-T)
May 25, 2011
(A Top Pick Mar 23/10.) Got this one wrong. Not convinced with management. A lot of people leaving the company. Has no faith that they will be able to execute their strategy going forward. Recently cut dividends.
Jason Donville
President & CEO, Donville Kent Asset Management
Price
$9.920
Owned
No
PAST TOP PICK
PAST TOP PICK
April 26, 2011
(Top Pick Mar 23/10, Down 29.34%) Doesn’t own companies with two pad quarters in a row. Problem was execution by management. They cut their dividend severely a few weeks ago.
Altus Group (AIF-T)
April 26, 2011
(Top Pick Mar 23/10, Down 29.34%) Doesn’t own companies with two pad quarters in a row. Problem was execution by management. They cut their dividend severely a few weeks ago.
Jason Donville
President & CEO, Donville Kent Asset Management
Price
$8.520
Owned
No
HOLD
HOLD
December 6, 2010
Missed on its 3rd quarter so the stock sold off. Had bottomed 2 or 3 quarters ago and felt earnings should be in ascendancy right now. Not going lower but also not rising materially either. Still a “show me “ story. Sold some of his holdings.
Altus Group (AIF-T)
December 6, 2010
Missed on its 3rd quarter so the stock sold off. Had bottomed 2 or 3 quarters ago and felt earnings should be in ascendancy right now. Not going lower but also not rising materially either. Still a “show me “ story. Sold some of his holdings.
Jason Donville
President & CEO, Donville Kent Asset Management
Price
$13.000
Owned
Yes
BUY
BUY
December 2, 2010
Real estate advisory with tax appraisals, surveys (in western Canada) .Had a weak Q3. Have some hidden assets that they may spin off. Well managed. Good Buy for a 3 to 5 year time horizon.
Altus Group (AIF-T)
December 2, 2010
Real estate advisory with tax appraisals, surveys (in western Canada) .Had a weak Q3. Have some hidden assets that they may spin off. Well managed. Good Buy for a 3 to 5 year time horizon.
Michael Simpson, CFA
Senior Vice-President, Sentry Investments
Price
$12.700
Owned
Unknown
TOP PICK
TOP PICK
October 4, 2010
Provide broad basket of real estate services globally. About 8% yield. Expecting strong guidance going into 2011.
Altus Group (AIF-T)
October 4, 2010
Provide broad basket of real estate services globally. About 8% yield. Expecting strong guidance going into 2011.
Jason Donville
President & CEO, Donville Kent Asset Management
Price
$14.880
Owned
Yes
TOP PICK
TOP PICK
March 23, 2010
Professional services in real estate area, which is at a cyclical low. 9% dividend.
Altus Group (AIF-T)
March 23, 2010
Professional services in real estate area, which is at a cyclical low. 9% dividend.
Jason Donville
President & CEO, Donville Kent Asset Management
Price
$13.320
Owned
Yes
WATCH
WATCH
July 13, 2009
Very good management team. Big swing factor for them is the decreased activity in real estate, particularly commercial. Starting to see signs that commercial real estate developers are trying to spend more money. Expect they will do quite well in the longer run on the rebound. Doesn't think yield of 16% will be cut but there is the potential. Quarterly results are due August 11 so see what they say about coming quarters.
Altus Group (AIF-T)
July 13, 2009
Very good management team. Big swing factor for them is the decreased activity in real estate, particularly commercial. Starting to see signs that commercial real estate developers are trying to spend more money. Expect they will do quite well in the longer run on the rebound. Doesn't think yield of 16% will be cut but there is the potential. Quarterly results are due August 11 so see what they say about coming quarters.
Ben Cheng
President and Chief Investment Officer, Aston Hill Financial Ltd.
Price
$7.400
Owned
Yes
BUY
BUY
January 22, 2009
Value and administers properties. Distribution is safe into 2011.
Altus Group (AIF-T)
January 22, 2009
Value and administers properties. Distribution is safe into 2011.
Sandy McIntyre
Vice-Chairman and CIO, Sentry Select Capital Corp
Price
$7.750
Owned
Unknown
COMMENT
COMMENT
November 20, 2008
Real estate consulting including tax work and appraisals. Key driver going forward will be as countries, including Canada, adopt the international financial accounting standards. Real estate will have to have annual appraisals and this is one of the big appraisers. Has grown rapidly through acquisitions. Prices getting to a level where it is more attractive.
Altus Group (AIF-T)
November 20, 2008
Real estate consulting including tax work and appraisals. Key driver going forward will be as countries, including Canada, adopt the international financial accounting standards. Real estate will have to have annual appraisals and this is one of the big appraisers. Has grown rapidly through acquisitions. Prices getting to a level where it is more attractive.
Michael Simpson, CFA
Senior Vice-President, Sentry Investments
Price
$10.720
Owned
No
BUY
BUY
January 14, 2008
(Market Call Minute.) This is a Buy, but sentiment might work against you in that this is a service-oriented business with very little assets. Cash flow generation is strong and their ability to acquire is great. 6.6% yield is safe.
Altus Group (AIF-T)
January 14, 2008
(Market Call Minute.) This is a Buy, but sentiment might work against you in that this is a service-oriented business with very little assets. Cash flow generation is strong and their ability to acquire is great. 6.6% yield is safe.
Dennis Mitchell, CFA
Executive Vice-President & Chief Investment Office, Sentry Select Capital Corp
Price
$18.250
Owned
Unknown
TOP PICK
TOP PICK
October 19, 2007
The company does real estate services eg. property taxes, evaluations etc. The demand profile looks fantastic. The company just bought a large, busines property in the UK. The company will benefit when the banks are doing evaluation of assets.
Altus Group (AIF-T)
October 19, 2007
The company does real estate services eg. property taxes, evaluations etc. The demand profile looks fantastic. The company just bought a large, busines property in the UK. The company will benefit when the banks are doing evaluation of assets.
Chris Rankin, MBA, CFA
Diversified Trust Analyst, Canaccord Capital
Price
$15.060
Owned
Yes
PAST TOP PICK
PAST TOP PICK
May 22, 2007
Then at $14.73 First quarter results are very well. He likes the CEO. Not a short term story, and feels it will do well for years to come.
Altus Group (AIF-T)
May 22, 2007
Then at $14.73 First quarter results are very well. He likes the CEO. Not a short term story, and feels it will do well for years to come.
Jean-Francois Tardif
Senior Portfolio Manager, Sprott Asset Management
Price
$13.650
Owned
Yes
PAST TOP PICK
PAST TOP PICK
April 27, 2007
(A Top Pick May 1/06. Down 17.9%.) Picked it because of the very driven CEO. Sold his holdings at $15 before it got hit with the government’s changes. If you own, Hold.
Altus Group (AIF-T)
April 27, 2007
(A Top Pick May 1/06. Down 17.9%.) Picked it because of the very driven CEO. Sold his holdings at $15 before it got hit with the government’s changes. If you own, Hold.
Jean-Francois Tardif
Senior Portfolio Manager, Sprott Asset Management
Price
$12.350
Owned
No
TOP PICK
TOP PICK
February 9, 2007
Provides valuation, appraisal and cost estimating services to the real estate industry. All of these fields have a good demand profile.
Altus Group (AIF-T)
February 9, 2007
Provides valuation, appraisal and cost estimating services to the real estate industry. All of these fields have a good demand profile.
Chris Rankin, MBA, CFA
Diversified Trust Analyst, Canaccord Capital
Price
$12.500
Owned
Yes
BUY
BUY
December 29, 2006
A very creative and energetic management team. Provide services to the real estate industry. Have some very creative long-term projects, which will be used to track costs in buildings, rentals, cash flows, etc. Very good price.
Altus Group (AIF-T)
December 29, 2006
A very creative and energetic management team. Provide services to the real estate industry. Have some very creative long-term projects, which will be used to track costs in buildings, rentals, cash flows, etc. Very good price.
Sandy McIntyre
Vice-Chairman and CIO, Sentry Select Capital Corp
Price
$10.680
Owned
Yes
COMMENT
COMMENT
December 27, 2006
Had sold before Oct 31 because a large part of their business was in services in Alberta and he was worried. Extremely well managed. Will get much bigger over time through both acquisition and internal growth. Good price, but he may wait for the 4th quarter results.
Altus Group (AIF-T)
December 27, 2006
Had sold before Oct 31 because a large part of their business was in services in Alberta and he was worried. Extremely well managed. Will get much bigger over time through both acquisition and internal growth. Good price, but he may wait for the 4th quarter results.
Jean-Francois Tardif
Senior Portfolio Manager, Sprott Asset Management
Price
$10.360
Owned
No
BUY
BUY
December 22, 2006
Focused on high yielding commercial real estate type plays. Has enduring franchise value.
Altus Group (AIF-T)
December 22, 2006
Focused on high yielding commercial real estate type plays. Has enduring franchise value.
Dennis Mitchell, CFA
Executive Vice-President & Chief Investment Office, Sentry Select Capital Corp
Price
$10.740
Owned
Yes
PAST TOP PICK
PAST TOP PICK
December 1, 2006
(A Top Pick May 19/06. Down 25.7%.) Continues to put up very good earnings numbers, which should continue. Good growth in western Canada.
Altus Group (AIF-T)
December 1, 2006
(A Top Pick May 19/06. Down 25.7%.) Continues to put up very good earnings numbers, which should continue. Good growth in western Canada.
Ben Cheng
President and Chief Investment Officer, Aston Hill Financial Ltd.
Price
$10.200
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
October 26, 2006
(A Top Pick June 5/06. Down 5%.) Survey business in Alberta. At risk because of some soft quarters coming up. Likes the company, but doesn't see any growth so sold his holdings. 8.5% yield.
Altus Group (AIF-T)
October 26, 2006
(A Top Pick June 5/06. Down 5%.) Survey business in Alberta. At risk because of some soft quarters coming up. Likes the company, but doesn't see any growth so sold his holdings. 8.5% yield.
Jean-Francois Tardif
Senior Portfolio Manager, Sprott Asset Management
Price
$13.810
Owned
No
PAST TOP PICK
PAST TOP PICK
August 8, 2006
(A Top Pick June 5/06. Up 2%.) A growth company. Consulting business. Recently started acquiring more businesses. Have made very key acquisitions lately.
Altus Group (AIF-T)
August 8, 2006
(A Top Pick June 5/06. Up 2%.) A growth company. Consulting business. Recently started acquiring more businesses. Have made very key acquisitions lately.
Jean-Francois Tardif
Senior Portfolio Manager, Sprott Asset Management
Price
$15.380
Owned
Yes
TOP PICK
TOP PICK
June 5, 2006
They provide valuations for real estate. Have just bought 3 companies in Alberta. Expect there will be a big jump in earnings and distributions next year.
Altus Group (AIF-T)
June 5, 2006
They provide valuations for real estate. Have just bought 3 companies in Alberta. Expect there will be a big jump in earnings and distributions next year.
Jean-Francois Tardif
Senior Portfolio Manager, Sprott Asset Management
Price
$14.730
Owned
Yes
TOP PICK
TOP PICK
May 19, 2006
Provide consulting services on real estate development, tax, lending opportunities, etc. Have grown by almost 20% per year over the last 4 years.
Altus Group (AIF-T)
May 19, 2006
Provide consulting services on real estate development, tax, lending opportunities, etc. Have grown by almost 20% per year over the last 4 years.
Ben Cheng
President and Chief Investment Officer, Aston Hill Financial Ltd.
Price
$14.000
Owned
Yes
TOP PICK
TOP PICK
May 1, 2006
Just announced a large acquisition in Alberta. Pre acquisition, his expected 1.5 X earnings based on cash flow of around $1.30. Convinced the acquisition will be accretive which could mean $1.40/$1.50.
Just announced a large acquisition in Alberta. Pre acquisition, his expected 1.5 X earnings based on cash flow of around $1.30. Convinced the acquisition will be accretive which could mean $1.40/$1.50.
Jean-Francois Tardif
Senior Portfolio Manager, Sprott Asset Management
Price
$15.050
Owned
Yes
BUY
BUY
February 10, 2006
A very spectacular performer. Operating results have been excellent. Because of the small capitalisation, large institutions tend not to own this. Thinks there is potential for continued distribution increases. Good price.
Altus Group (AIF-T)
February 10, 2006
A very spectacular performer. Operating results have been excellent. Because of the small capitalisation, large institutions tend not to own this. Thinks there is potential for continued distribution increases. Good price.
Ravi Sood
President and Chief Operating Officer, Lawrence Asset Management
Price
$13.650
Owned
Unknown
TOP PICK
TOP PICK
December 23, 2005
This company is still not very well known and not well covered by the street. Expect they will be very active in acquisitions during 2006. Every transaction they do in 2006 will be accretive. It is estimated that they will make $1.50 of distributable income per share. The stock is trading below 10 X and he feels it should trade at 12 X.
Altus Group (AIF-T)
December 23, 2005
This company is still not very well known and not well covered by the street. Expect they will be very active in acquisitions during 2006. Every transaction they do in 2006 will be accretive. It is estimated that they will make $1.50 of distributable income per share. The stock is trading below 10 X and he feels it should trade at 12 X.
Jean-Francois Tardif
Senior Portfolio Manager, Sprott Asset Management
Price
$13.100
Owned
Yes
PAST TOP PICK
PAST TOP PICK
November 29, 2005
(A Top Pick Sept 21/05. Up 2.3%.) Held up well considering all that happened to trusts in the last few months. Will be aggressive on acquisitions. Thinks they will make $1.20/1.30 per share next year.
Altus Group (AIF-T)
November 29, 2005
(A Top Pick Sept 21/05. Up 2.3%.) Held up well considering all that happened to trusts in the last few months. Will be aggressive on acquisitions. Thinks they will make $1.20/1.30 per share next year.
Jean-Francois Tardif
Senior Portfolio Manager, Sprott Asset Management
Price
$12.060
Owned
Yes
TOP PICK
TOP PICK
September 21, 2005
A lot of free cash flow and will continue to grow over time. Feels they will be ahead of expectations by 20% at the end of the next quarter. a good chance of an increase in distributions.
Altus Group (AIF-T)
September 21, 2005
A lot of free cash flow and will continue to grow over time. Feels they will be ahead of expectations by 20% at the end of the next quarter. a good chance of an increase in distributions.
Jean-Francois Tardif
Senior Portfolio Manager, Sprott Asset Management
Price
$11.730
Owned
Yes
TOP PICK
TOP PICK
August 17, 2005
Expects them to make accretive acquisitions. Just 45 days old and is already 25% higher. Distributions will be increased.
Altus Group (AIF-T)
August 17, 2005
Expects them to make accretive acquisitions. Just 45 days old and is already 25% higher. Distributions will be increased.
Jean-Francois Tardif
Senior Portfolio Manager, Sprott Asset Management
Price
$12.200
Owned
Yes
PAST TOP PICK
PAST TOP PICK
July 18, 2005
(A Top Pick June 1/05. Up 7%.) Company is very small but growing fast. Basically a consulting company in real estate doing valuations, real estate taxes, etc.
Altus Group (AIF-T)
July 18, 2005
(A Top Pick June 1/05. Up 7%.) Company is very small but growing fast. Basically a consulting company in real estate doing valuations, real estate taxes, etc.
Jean-Francois Tardif
Senior Portfolio Manager, Sprott Asset Management
Price
$12.250
Owned
Yes
BUY
BUY
June 10, 2005
An excellent business fitting that model of having good market share. A healthy business that's growing.
Altus Group (AIF-T)
June 10, 2005
An excellent business fitting that model of having good market share. A healthy business that's growing.
Patrick Kim
Vice President and Portfolio Manager, KBSH Capital Management
Price
$11.500
Owned
Yes
TOP PICK
TOP PICK
June 1, 2005
Small, but very profitable company. 75% of their business is evaluation of real estate. Will be making acquisitions. Feels that distributions will grow at least 10/20%.
Altus Group (AIF-T)
June 1, 2005
Small, but very profitable company. 75% of their business is evaluation of real estate. Will be making acquisitions. Feels that distributions will grow at least 10/20%.