Connors Bros. Income Fund

CBF.UN-T

0.00
0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about CBF.UN-T

Signal
Opinion
Expert
SELL
SELL
May 14, 2008
(Market Call Minute.) Have had difficulty with making acquisitions in the US outside of their sardine business.
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(Market Call Minute.) Have had difficulty with making acquisitions in the US outside of their sardine business.
DON'T BUY
DON'T BUY
April 16, 2008
There are quite a few things in play with this trust. Had a recall that forced them to shut down production and for a longer period than expected. There are some headwinds that food, tin manufacturers will be facing. Steel and tin prices are continuing to move higher. Also expecting protein prices to move higher. There are better places to go.
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There are quite a few things in play with this trust. Had a recall that forced them to shut down production and for a longer period than expected. There are some headwinds that food, tin manufacturers will be facing. Steel and tin prices are continuing to move higher. Also expecting protein prices to move higher. There are better places to go.
SELL
SELL
February 19, 2008
Will have to get their fiscal house in order before they can go back to the prior distribution level. There are facing increases in commodity prices. Will possibly take another year or so before they can realistically raise distributions.
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Will have to get their fiscal house in order before they can go back to the prior distribution level. There are facing increases in commodity prices. Will possibly take another year or so before they can realistically raise distributions.
DON'T BUY
DON'T BUY
February 6, 2008
Distribution story has been a long-term issue. Have had to cut them several times. It took too much debt onto its balance sheet. Income trusts have to have very conservative balance sheets.
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Distribution story has been a long-term issue. Have had to cut them several times. It took too much debt onto its balance sheet. Income trusts have to have very conservative balance sheets.
COMMENT
COMMENT
December 24, 2007
His partner bought into this, but not attractive enough for him. If they get their house in order, there will be better distributions going forward. He couldn't see that the upside was attractive enough.
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His partner bought into this, but not attractive enough for him. If they get their house in order, there will be better distributions going forward. He couldn't see that the upside was attractive enough.
SELL
SELL
July 27, 2007
Too early to go into this one yet. Management did a great job. Very proactive in recalling the tainted product (only a small portion of their business). Had to shut down a plant and not sure when that will reopen. Also have cost pressures in their core business of tuna and sardines.
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Too early to go into this one yet. Management did a great job. Very proactive in recalling the tainted product (only a small portion of their business). Had to shut down a plant and not sure when that will reopen. Also have cost pressures in their core business of tuna and sardines.
SELL
SELL
July 25, 2007
Has been subject to a recall because of botulism, but this will only affect a small part of their business. However, this could be a growing problem.
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Has been subject to a recall because of botulism, but this will only affect a small part of their business. However, this could be a growing problem.
BUY
BUY
July 13, 2007
Had some difficulties, but has proven to be a well managed company. Attractively priced. Well financed, so distributions are not threatened. 11.9% yield.
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Had some difficulties, but has proven to be a well managed company. Attractively priced. Well financed, so distributions are not threatened. 11.9% yield.
BUY
BUY
June 15, 2007
The distribution is fairly safe at this time. Has gone through some transitions over the last couple of years. Herring to Tuna. Management is consistent, and financials are consistent. Feels the price of the product will increase to cover the cost of transporting goods.
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The distribution is fairly safe at this time. Has gone through some transitions over the last couple of years. Herring to Tuna. Management is consistent, and financials are consistent. Feels the price of the product will increase to cover the cost of transporting goods.
DON'T BUY
DON'T BUY
May 29, 2007
Payout is in Cdn$ and most of its earnings are in US$’s. Also have been hurt by rising energy prices. Have improved profit margins by more efficient processes, but will be difficult going forward.
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Payout is in Cdn$ and most of its earnings are in US$’s. Also have been hurt by rising energy prices. Have improved profit margins by more efficient processes, but will be difficult going forward.
Ben Cheng

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Price
$11.200
Owned
Unknown
HOLD
HOLD
May 25, 2007
Have brought a lot of their problems under control. Brought their debt down. Consolidated to take the costs out of the system. Will be slow money over the next little while. Distribution is safe.
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Have brought a lot of their problems under control. Brought their debt down. Consolidated to take the costs out of the system. Will be slow money over the next little while. Distribution is safe.
COMMENT
COMMENT
April 13, 2007
Management really wants to grow the company. Very good stable cash flow business.
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Management really wants to grow the company. Very good stable cash flow business.
HOLD
HOLD
April 11, 2007
Probably one of the better run income trusts. Wouldn't be concerned about their distribution.
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Probably one of the better run income trusts. Wouldn't be concerned about their distribution.
WEAK BUY
WEAK BUY
March 20, 2007
Volumes were down, but made up for it with increases in price. Good earnings revenue. Making progress in reducing their payout ratio of about 93% as well as reducing debt. Debt levels are too high for him.
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Volumes were down, but made up for it with increases in price. Good earnings revenue. Making progress in reducing their payout ratio of about 93% as well as reducing debt. Debt levels are too high for him.
BUY
BUY
February 20, 2007
Extremely well run. Well diversified. Expect them to be a fairly steady performer over the long run.
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Extremely well run. Well diversified. Expect them to be a fairly steady performer over the long run.
Showing 1 to 15 of 87 entries

Connors Bros. Income Fund(CBF.UN-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Connors Bros. Income Fund is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Connors Bros. Income Fund(CBF.UN-T) Frequently Asked Questions

What is Connors Bros. Income Fund stock symbol?

Connors Bros. Income Fund is a OTC stock, trading under the symbol CBF.UN-T on the (). It is usually referred to as or CBF.UN-T

Is Connors Bros. Income Fund a buy or a sell?

In the last year, there was no coverage of Connors Bros. Income Fund published on Stockchase.

Is Connors Bros. Income Fund a good investment or a top pick?

Connors Bros. Income Fund was recommended as a Top Pick by Michael Simpson, CFA on 2008-05-14. Read the latest stock experts ratings for Connors Bros. Income Fund.

Why is Connors Bros. Income Fund stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Connors Bros. Income Fund worth watching?

In the last year 0 stock analyst on Stockchase covered Connors Bros. Income Fund. The stock is worth watching.

What is Connors Bros. Income Fund stock price?

On , Connors Bros. Income Fund (CBF.UN-T) stock closed at a price of $.