Guardian Capital Group

GCG-T

TSE:GCG

27.70
0.05 (0.18%)
Guardian Capital Group, founded in 1962, operates several fully owned subsidiaries whose operations are to provide investment management services, financial advisory services, retail distribution of ...
More at Wikipedia

Analysis and Opinions about GCG-T

Signal
Opinion
Expert
HOLD
HOLD
March 27, 2019
Long-term holders of it. Really like it. Excellent track record in investment management returns. Acquiring assets to diversify out of Canada. Distribution business for mutual funds and insurance, which is extremely profitable. His valuation is in the low 30s. Rock solid balance sheet. No debt. One of the asset managers that's performed the best in this market.
Show full opinionHide full opinion
Long-term holders of it. Really like it. Excellent track record in investment management returns. Acquiring assets to diversify out of Canada. Distribution business for mutual funds and insurance, which is extremely profitable. His valuation is in the low 30s. Rock solid balance sheet. No debt. One of the asset managers that's performed the best in this market.
BUY
BUY
December 17, 2015

Sold its mutual fund business to BMO. This is his way of playing BMO indirectly. They are expanding internationally. They are currently buying back shares at $18.

Show full opinionHide full opinion

Sold its mutual fund business to BMO. This is his way of playing BMO indirectly. They are expanding internationally. They are currently buying back shares at $18.

COMMENT
COMMENT
October 21, 2014

He has been Long Guardian Capital (GCG.A-T) and Short the Bank of Montréal (BMO-T) since April/09. There is about $2.50 left on the stub for this company. It is a very solid business and has been growing and firing on all 4 cylinders for the last 48 months. They have started to sell some of the BMO shares, using some of the capital for strategic acquisitions. It will take some time for some of those investments to pan out. Feels their perspective on this is a great one. Expects that at some point this company will get taken out.

Show full opinionHide full opinion

He has been Long Guardian Capital (GCG.A-T) and Short the Bank of Montréal (BMO-T) since April/09. There is about $2.50 left on the stub for this company. It is a very solid business and has been growing and firing on all 4 cylinders for the last 48 months. They have started to sell some of the BMO shares, using some of the capital for strategic acquisitions. It will take some time for some of those investments to pan out. Feels their perspective on this is a great one. Expects that at some point this company will get taken out.

COMMENT
COMMENT
April 22, 2014

Has 2 main assets, the core asset management business which has been improving and making acquisitions in the business and has been getting better. Also, have a very large portfolio of corporate investments on their balance sheet, the largest of which by far is a stake in the Bank of Montréal (BMO-T) and every time this moves up, this company becomes more valuable. As their asset management business improves, they can hopefully grow and make acquisitions in their core business and maybe sell down some of their BMO stake. He thinks the outlook is positive. Thinly traded, so you could look at CI Financial (CIX-T) or Gluskin Sheff (GS-T) instead.

Show full opinionHide full opinion

Has 2 main assets, the core asset management business which has been improving and making acquisitions in the business and has been getting better. Also, have a very large portfolio of corporate investments on their balance sheet, the largest of which by far is a stake in the Bank of Montréal (BMO-T) and every time this moves up, this company becomes more valuable. As their asset management business improves, they can hopefully grow and make acquisitions in their core business and maybe sell down some of their BMO stake. He thinks the outlook is positive. Thinly traded, so you could look at CI Financial (CIX-T) or Gluskin Sheff (GS-T) instead.

DON'T BUY
DON'T BUY
June 18, 2012
Sold off their retail funds to Bank of Montréal (BMO-T). Not excited about this company because the story has always been the same and there is not a catalyst. The value of the company is largely the stake they have in Bank of Montréal. The asset management business’s that are left over are not particularly great.
Show full opinionHide full opinion
Sold off their retail funds to Bank of Montréal (BMO-T). Not excited about this company because the story has always been the same and there is not a catalyst. The value of the company is largely the stake they have in Bank of Montréal. The asset management business’s that are left over are not particularly great.
VAGUE
VAGUE
If you own it, hold it.
BUY
BUY
August 4, 2004
Good management. A top rate fund although he prefers owning individual income trusts.
Show full opinionHide full opinion
Good management. A top rate fund although he prefers owning individual income trusts.
BUY
BUY
October 23, 2002
Strong balance sheet. Selling at book value. A defensive holding.
Show full opinionHide full opinion
Strong balance sheet. Selling at book value. A defensive holding.
BUY
BUY
January 29, 2002
Prefers this and AGF over C. I. Fund Management.Both have a lower valuation.
Show full opinionHide full opinion
Prefers this and AGF over C. I. Fund Management.Both have a lower valuation.
Showing 1 to 9 of 9 entries
  • «
  • 1
  • »