Livingston Int'l Income Fund

LIV.UN-T

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

Analysis and Opinions about LIV.UN-T

Signal
Opinion
Expert
BUY
BUY
October 14, 2009
Expecting trade between Canada and other countries to pick up. Have a lot of logistics in the cross-border movement of goods. Selling at an extremely cheap multiple.
Show full opinionHide full opinion
Expecting trade between Canada and other countries to pick up. Have a lot of logistics in the cross-border movement of goods. Selling at an extremely cheap multiple.
WAIT
WAIT
April 7, 2009
Custom brokers. Used to short this stock because they were selling a lot of cars from the US. Also border-crossing traffic is down for the year. Now looking at this because it is a monopoly and at some point it will be a great buy. Wouldn't be in a hurry to buy.
Show full opinionHide full opinion
Custom brokers. Used to short this stock because they were selling a lot of cars from the US. Also border-crossing traffic is down for the year. Now looking at this because it is a monopoly and at some point it will be a great buy. Wouldn't be in a hurry to buy.
COMMENT
COMMENT
March 25, 2009
One of the largest custom brokers in Canada. Had a distribution cut because of lower trade volumes between Canada and the US. Currently not seeing dramatic increases in trade volumes. Longer term it is a great company. Will recover along with the economy.
Show full opinionHide full opinion
One of the largest custom brokers in Canada. Had a distribution cut because of lower trade volumes between Canada and the US. Currently not seeing dramatic increases in trade volumes. Longer term it is a great company. Will recover along with the economy.
BUY
BUY
January 22, 2009
Border brokers which is very cyclical. Clear cargoes between Canada and the US. Very sharp decline in activity that sharply reduced revenues. Very well run company. If looking for an economic recovery, he would be a buyer. Could be a takeover target.
Show full opinionHide full opinion
Border brokers which is very cyclical. Clear cargoes between Canada and the US. Very sharp decline in activity that sharply reduced revenues. Very well run company. If looking for an economic recovery, he would be a buyer. Could be a takeover target.
HOLD
HOLD
May 14, 2008
Have about 30% market share of custom brokerage and logistics in Canada. Recent quarter was better than expected. Doing quite well on car importation in Canada. During an economic downturn, their volumes and cash flow will suffer.
Show full opinionHide full opinion
Have about 30% market share of custom brokerage and logistics in Canada. Recent quarter was better than expected. Doing quite well on car importation in Canada. During an economic downturn, their volumes and cash flow will suffer.
DON'T BUY
DON'T BUY
November 28, 2007
Hammered by the cyclical downturn. As the US economy worsens, theirs worsens. Has been a dramatic falloff of goods both ways. Sees more challenges than upside. Not cheap at 8X EBITDA 2008. Payout ratio of about 96%. Doesn't expect an imminent cut in distributions but with an extended downturn in the US there probably won't be a turnaround anytime soon.
Show full opinionHide full opinion
Hammered by the cyclical downturn. As the US economy worsens, theirs worsens. Has been a dramatic falloff of goods both ways. Sees more challenges than upside. Not cheap at 8X EBITDA 2008. Payout ratio of about 96%. Doesn't expect an imminent cut in distributions but with an extended downturn in the US there probably won't be a turnaround anytime soon.
BUY
BUY
August 13, 2007
Earnings came out and they were acceptable. Near a 52-week low which is probably due to the general malaise. Good long-term buy.
Show full opinionHide full opinion
Earnings came out and they were acceptable. Near a 52-week low which is probably due to the general malaise. Good long-term buy.
HOLD
HOLD
July 25, 2007
Largest custom brokerage firm in Canada. 1st quarter was rather disappointing. Recently announced the retirement of their transportation/logistics man and she feels the 2nd quarter may be weak.
Show full opinionHide full opinion
Largest custom brokerage firm in Canada. 1st quarter was rather disappointing. Recently announced the retirement of their transportation/logistics man and she feels the 2nd quarter may be weak.
HOLD
HOLD
June 15, 2007
Likes it. Business model is excellent. Some of their business segments, they've had a margin squeeze, but that is a short term problem.
Show full opinionHide full opinion
Likes it. Business model is excellent. Some of their business segments, they've had a margin squeeze, but that is a short term problem.
TOP PICK
TOP PICK
May 14, 2007
The leading customs brokerage between Canada and the US. Stock price has come off in the last couple of days because of a weak Q1 report. Good as a trading stock. He sells when it gets up to $23-$24.
Show full opinionHide full opinion
The leading customs brokerage between Canada and the US. Stock price has come off in the last couple of days because of a weak Q1 report. Good as a trading stock. He sells when it gets up to $23-$24.
BUY
BUY
April 9, 2007
Provides cross-border brokerage services. Have a very large market share. Medium to longer-term they will do very well. Good cash flow.
Show full opinionHide full opinion
Provides cross-border brokerage services. Have a very large market share. Medium to longer-term they will do very well. Good cash flow.
WAIT
WAIT
March 23, 2007
Relatively good company. A leading customs broker. With their acquisition last year they are at 27% market share. She is a little cautious about trade volumes if the US economy slows down. Wait for their 4th quarter results.
Show full opinionHide full opinion
Relatively good company. A leading customs broker. With their acquisition last year they are at 27% market share. She is a little cautious about trade volumes if the US economy slows down. Wait for their 4th quarter results.
TOP PICK
TOP PICK
February 22, 2007
The leading customs broker. One of the most blue chip industrial trusts that you can buy. Very conservative balance sheet. Conservative payout ratio. Stable business.
Show full opinionHide full opinion
The leading customs broker. One of the most blue chip industrial trusts that you can buy. Very conservative balance sheet. Conservative payout ratio. Stable business.
PAST TOP PICK
PAST TOP PICK
January 26, 2007
(A Top Pick Jan 13/06. Down 7.1%.) His favourite name in the industrial trusts. Have a fantastic market position.
Show full opinionHide full opinion
(A Top Pick Jan 13/06. Down 7.1%.) His favourite name in the industrial trusts. Have a fantastic market position.
PAST TOP PICK
PAST TOP PICK
January 22, 2007
(A Top Pick Mar 1/06. Down 16.9%.) Study cash flow business. Integrating a large acquisition, which will take a couple of more quarters. Still likes it.
Show full opinionHide full opinion
(A Top Pick Mar 1/06. Down 16.9%.) Study cash flow business. Integrating a large acquisition, which will take a couple of more quarters. Still likes it.
BUY
BUY
January 5, 2007
This is one of the business models that he does like. Likes the international trade logistics market and this is a leader in it. Pays 8.5% yield.
Show full opinionHide full opinion
This is one of the business models that he does like. Likes the international trade logistics market and this is a leader in it. Pays 8.5% yield.
COMMENT
COMMENT
December 1, 2006
Has helped consolidate the custom brokerage business and has done quite well and is now the largest player. As the US economy slows, their business will also slow.
Show full opinionHide full opinion
Has helped consolidate the custom brokerage business and has done quite well and is now the largest player. As the US economy slows, their business will also slow.
PAST TOP PICK
PAST TOP PICK
September 29, 2006
It is up 11%. It is a pretty stable business.
Show full opinionHide full opinion
It is up 11%. It is a pretty stable business.
BUY
BUY
September 19, 2006
Does a lot of logistics in cross border trade which is a good area to be in. Stock has dropped in price which gives an opportunity to buy. 7.3% yield.
Show full opinionHide full opinion
Does a lot of logistics in cross border trade which is a good area to be in. Stock has dropped in price which gives an opportunity to buy. 7.3% yield.
PAST TOP PICK
PAST TOP PICK
June 30, 2006
(A Top Pick Jan 27/06. Up 2.5%.) Expect the synergies from their last year’s acquisition will come through in the next 6 months. Payout ratio is very comfortable at 85%.
Show full opinionHide full opinion
(A Top Pick Jan 27/06. Up 2.5%.) Expect the synergies from their last year’s acquisition will come through in the next 6 months. Payout ratio is very comfortable at 85%.
PAST TOP PICK
PAST TOP PICK
April 21, 2006
(Past Top Pick Jan 13/06. Up 12%.) A fantastic name. Have a track record of under promising and over delivering on its cash flows.
Show full opinionHide full opinion
(Past Top Pick Jan 13/06. Up 12%.) A fantastic name. Have a track record of under promising and over delivering on its cash flows.
PAST TOP PICK
PAST TOP PICK
April 7, 2006
(A Top Pick Dec 23/05. Up 21%.) The easy money has been made on this one. Probably fully valued now.
Show full opinionHide full opinion
(A Top Pick Dec 23/05. Up 21%.) The easy money has been made on this one. Probably fully valued now.
PAST TOP PICK
PAST TOP PICK
March 24, 2006
(A Top Pick Dec 23/05. Up 18%.) Good synergies with their recent acquisition.
Show full opinionHide full opinion
(A Top Pick Dec 23/05. Up 18%.) Good synergies with their recent acquisition.
TOP PICK
TOP PICK
March 1, 2006
Believes recent merger will produce good results. Pay out ratio at 75%. There may be some regulatory risks. He is continuing to buy.
Show full opinionHide full opinion
Believes recent merger will produce good results. Pay out ratio at 75%. There may be some regulatory risks. He is continuing to buy.
BUY
BUY
February 25, 2006
Recently merged with Peace Bridge (PBB Income Fund) It is nonasset base brokerage firm. It looks good. Low yield and less risk.
Show full opinionHide full opinion
Recently merged with Peace Bridge (PBB Income Fund) It is nonasset base brokerage firm. It looks good. Low yield and less risk.
TOP PICK
TOP PICK
January 27, 2006
In the customs brokerage business. They benefit from the good cross border trade.
Show full opinionHide full opinion
In the customs brokerage business. They benefit from the good cross border trade.
TOP PICK
TOP PICK
January 13, 2006
The largest custom broker in Canada. Just acquired one of their main competitors. They were in similar businesses, so there will be a lot of synergies. A great track record of increasing distributions steadily.
Show full opinionHide full opinion
The largest custom broker in Canada. Just acquired one of their main competitors. They were in similar businesses, so there will be a lot of synergies. A great track record of increasing distributions steadily.
TOP PICK
TOP PICK
December 23, 2005
Livingston (LIV.UN-T) is merging with PBB Logistics (PBB.UN-T) and the synergies will be very high. The toughest part will be integrating their IT systems.
Show full opinionHide full opinion
Livingston (LIV.UN-T) is merging with PBB Logistics (PBB.UN-T) and the synergies will be very high. The toughest part will be integrating their IT systems.
TOP PICK
TOP PICK
December 8, 2005
Attempting a merger with PBB (PBB.UN-T) that is also a custom brokerage. Good synergies.
Show full opinionHide full opinion
Attempting a merger with PBB (PBB.UN-T) that is also a custom brokerage. Good synergies.
BUY
BUY
November 18, 2005
Involved in a hostile takeover of PBB Global Logistics (PBB.UN-T). The combined company would be very strong. A natural fit. A very high quality company with a very strong management team. Conservative. Payout ratio is around 70%.
Show full opinionHide full opinion
Involved in a hostile takeover of PBB Global Logistics (PBB.UN-T). The combined company would be very strong. A natural fit. A very high quality company with a very strong management team. Conservative. Payout ratio is around 70%.
VAGUE
VAGUE
June 17, 2005
Has been treading water for the last year at around $20 because it trades at the high end of the multiple. Low payout ratio. A lot of cash built up on the balance sheet. Recently made some acquisitions.
Show full opinionHide full opinion
Has been treading water for the last year at around $20 because it trades at the high end of the multiple. Low payout ratio. A lot of cash built up on the balance sheet. Recently made some acquisitions.
BUY
BUY
June 10, 2005
One of the higher quality income trusts. Benefiting from the increased cross border trade. Continuing to see strong numbers form the industry. They are the market leader, so they do have a good presence in having a diverse revenue base across wide sectors. Long track record and solid management team. Very strong Q1 results.
Show full opinionHide full opinion
One of the higher quality income trusts. Benefiting from the increased cross border trade. Continuing to see strong numbers form the industry. They are the market leader, so they do have a good presence in having a diverse revenue base across wide sectors. Long track record and solid management team. Very strong Q1 results.
DON'T BUY
DON'T BUY
October 1, 2004
Has had problems in the past with a higher Cnd$. Target price is lower than current price.
Show full opinionHide full opinion
Has had problems in the past with a higher Cnd$. Target price is lower than current price.
TOP PICK
TOP PICK
May 5, 2004
Good-quality management team. Relatively low debt. Relatively low payout ratio. Outlook is quite strong. Would like to see it makes them acquisitions in order to increase growth.
Show full opinionHide full opinion
Good-quality management team. Relatively low debt. Relatively low payout ratio. Outlook is quite strong. Would like to see it makes them acquisitions in order to increase growth.
TOP PICK
TOP PICK
April 5, 2004
The largest player in Canada in the Customs brokerage industry. Need for security has increased regulations for importing/exporting. Good management.
Show full opinionHide full opinion
The largest player in Canada in the Customs brokerage industry. Need for security has increased regulations for importing/exporting. Good management.
80% payout ratio.
BUY WEAKNESS
BUY WEAKNESS
April 17, 2003
Good business. Have done a good job on increasing distributions. Would buy on any pullback.
Show full opinionHide full opinion
Good business. Have done a good job on increasing distributions. Would buy on any pullback.
BUY
BUY
January 9, 2003
Should do quite well in a growing economy.
Show full opinionHide full opinion
Should do quite well in a growing economy.
DON'T BUY
DON'T BUY
March 19, 2002
New trust. Good yield but 100% taxable. Trades at a big premium.
Show full opinionHide full opinion
New trust. Good yield but 100% taxable. Trades at a big premium.
Showing 1 to 39 of 39 entries
  • «
  • 1
  • »

Livingston Int'l Income Fund(LIV.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 Livingston Int'l 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.

Livingston Int'l Income Fund(LIV.UN-T) Frequently Asked Questions

What is Livingston Int'l Income Fund stock symbol?

Livingston Int'l Income Fund is a OTC stock, trading under the symbol LIV.UN-T on the (). It is usually referred to as or LIV.UN-T

Is Livingston Int'l Income Fund a buy or a sell?

In the last year, there was no coverage of Livingston Int'l Income Fund published on Stockchase.

Is Livingston Int'l Income Fund a good investment or a top pick?

Livingston Int'l Income Fund was recommended as a Top Pick by Michael Sprung on 2009-10-14. Read the latest stock experts ratings for Livingston Int'l Income Fund.

Why is Livingston Int'l 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 Livingston Int'l Income Fund worth watching?

In the last year, there was no coverage of Livingston Int'l Income Fund published on Stockchase.

What is Livingston Int'l Income Fund stock price?

On , Livingston Int'l Income Fund (LIV.UN-T) stock closed at a price of $.