TSE:AD
22.43
0.14
(0.63%)
Analysis and Opinions about AD-T
Signal
Opinion
Expert
BUY WEAKNESS
BUY WEAKNESS
January 3, 2020
He does not own this one, but holds their debenture. There was an issue with one of the subsidiaries and the holdings are doing better now. It is not approaching full valuation -- near $22-$24. He would buy on weakness -- somewhere around $19.
Show full opinionHide full opinion
He does not own this one, but holds their debenture. There was an issue with one of the subsidiaries and the holdings are doing better now. It is not approaching full valuation -- near $22-$24. He would buy on weakness -- somewhere around $19.
BUY
BUY
December 17, 2019
They've had challenges in recent years, but have fixed most of them. The payout ratio is solid and dividend is safe. Managers have done a tremendous job turning things around. A few more quarters of solid results and we'll see a multiple expansion.
Show full opinionHide full opinionThey've had challenges in recent years, but have fixed most of them. The payout ratio is solid and dividend is safe. Managers have done a tremendous job turning things around. A few more quarters of solid results and we'll see a multiple expansion.
DON'T BUY
DON'T BUY
December 12, 2019
It does not meet his criteria because he likes companies that are running their own businesses. They stumbled on some investments.
Show full opinionHide full opinionIt does not meet his criteria because he likes companies that are running their own businesses. They stumbled on some investments.
BUY
BUY
December 9, 2019
He recently added it. This is a pocket where economic strength is starting to recover. It is fairly attractive but what has held it back is that if we are seeing a general slowdown in business, then this could get hurt. He thinks we are seeing the opposite and there is a re-acceleration in economic growth. The dividend is secure. (Analysts’ price target is $23.00)
Show full opinionHide full opinionHe recently added it. This is a pocket where economic strength is starting to recover. It is fairly attractive but what has held it back is that if we are seeing a general slowdown in business, then this could get hurt. He thinks we are seeing the opposite and there is a re-acceleration in economic growth. The dividend is secure. (Analysts’ price target is $23.00)
TOP PICK
TOP PICK
December 3, 2019
He's picked this before. It's had its issues, but now is back on track. They have more safeguards in their investments now, and achieve good returns. Managers have done a superb job of managing problems. (Analysts’ price target is $22.91)
Show full opinionHide full opinionHe's picked this before. It's had its issues, but now is back on track. They have more safeguards in their investments now, and achieve good returns. Managers have done a superb job of managing problems. (Analysts’ price target is $22.91)
BUY
BUY
October 22, 2019
It's made tremendous improvements, with problem investments behind them. They report Nov. 5 and people will closely watch this, hoping for a smoother report. But it could take a while to return to all-time highs. What is their outlook for capital deployment, which would lead to all-time highs? It's undervalued now and cheap under $20. The dividend is safe. In a few years, this could return to nearly $30.
Show full opinionHide full opinionIt's made tremendous improvements, with problem investments behind them. They report Nov. 5 and people will closely watch this, hoping for a smoother report. But it could take a while to return to all-time highs. What is their outlook for capital deployment, which would lead to all-time highs? It's undervalued now and cheap under $20. The dividend is safe. In a few years, this could return to nearly $30.
BUY
BUY
October 1, 2019
Downtrend in 2017-18, hitting a low, and has since been trending higher. It's been building a series of highs, enjoying an "ascending triangle" during this breakout. He likes the chart a lot.
Show full opinionHide full opinionDowntrend in 2017-18, hitting a low, and has since been trending higher. It's been building a series of highs, enjoying an "ascending triangle" during this breakout. He likes the chart a lot.
DON'T BUY
DON'T BUY
September 10, 2019
Similar to DIV-T. He looked at this long and hard and decided not to buy any trusts stocks; there are too many companies within them and hard to value. AD stumbled and got punished. Don't buy for the dividend or stock appreciation. Managers need to regain investors' trust.
BUY
BUY
September 9, 2019
He is a fan of this company. He continues to recommend it. It is coming into its stride now. Longer term this is a company that is uniquely positioned. Lately they have demonstrated that they can deploy capital efficiency. Dividends may begin to increase again over the next couple of years.
Show full opinionHide full opinionHe is a fan of this company. He continues to recommend it. It is coming into its stride now. Longer term this is a company that is uniquely positioned. Lately they have demonstrated that they can deploy capital efficiency. Dividends may begin to increase again over the next couple of years.
BUY
BUY
August 8, 2019
They had a few investments they made that went into bankrupsy. They are now getting more cash flow from investments and added some new ones. They have had a turnaround and the payout ratio has come down. There are a lot of things to like about this. It is important to understand, though, that the risks are higher and the dividend is not that safe. 8.4% yield.
Show full opinionHide full opinionThey had a few investments they made that went into bankrupsy. They are now getting more cash flow from investments and added some new ones. They have had a turnaround and the payout ratio has come down. There are a lot of things to like about this. It is important to understand, though, that the risks are higher and the dividend is not that safe. 8.4% yield.
TOP PICK
TOP PICK
July 24, 2019
They will be reporting earnings today. Thinks they are on their way back after having some difficulty. They invest in a diversified range of private companies with a strategy to grow dividends. Could see dividends increase over the next 2 years. They have deployed capital into a new and existing business that should yield good cash flow in the next few years. Great yield 8.14% which he believes is really sustainable. (Analysts’ price target is $21.22)
They will be reporting earnings today. Thinks they are on their way back after having some difficulty. They invest in a diversified range of private companies with a strategy to grow dividends. Could see dividends increase over the next 2 years. They have deployed capital into a new and existing business that should yield good cash flow in the next few years. Great yield 8.14% which he believes is really sustainable. (Analysts’ price target is $21.22)
BUY
BUY
July 15, 2019
AD just did some big equity investments and AD pays a big dividend. He used to own and recommend this. Smart and lean management. They suffered some problem investments. They've cleaned them up and he hopes they learned their lesson. You're in good hands. He doesn't know about their recent deployments.
Show full opinionHide full opinionAD just did some big equity investments and AD pays a big dividend. He used to own and recommend this. Smart and lean management. They suffered some problem investments. They've cleaned them up and he hopes they learned their lesson. You're in good hands. He doesn't know about their recent deployments.
DON'T BUY
DON'T BUY
July 4, 2019
It's like a holding company that makes investments in a number of companies. Over the year they have improved somewhat the disclosure on some of their holdings. 15 to 17 different investments in a wide range of companies. He does not know how it will do in the future. He is not keen on the name right now because he is not keen on conglomerates. (Analysts’ price target is $21.00)
Show full opinionHide full opinionIt's like a holding company that makes investments in a number of companies. Over the year they have improved somewhat the disclosure on some of their holdings. 15 to 17 different investments in a wide range of companies. He does not know how it will do in the future. He is not keen on the name right now because he is not keen on conglomerates. (Analysts’ price target is $21.00)
PAST TOP PICK
PAST TOP PICK
June 28, 2019
(A Top Pick Jul 27/18, Up 16%) Good dividend. Moved his exit point up to $18. Still likes it. Yield is 8.8%.
Show full opinionHide full opinion(A Top Pick Jul 27/18, Up 16%) Good dividend. Moved his exit point up to $18. Still likes it. Yield is 8.8%.
COMMENT
COMMENT
June 24, 2019
They are investing in Alpine Credit, who are doing well and who they are getting involved in for their own succession planning purposes. He would not consider AD-T low risk or defensive. They are medium to higher risk. Their valuation is not very related to where interest rates go.
Show full opinionHide full opinionThey are investing in Alpine Credit, who are doing well and who they are getting involved in for their own succession planning purposes. He would not consider AD-T low risk or defensive. They are medium to higher risk. Their valuation is not very related to where interest rates go.
