Stock Opinions by Benj Gallander - Stockchase Experts
WATCH LIST
2385
Benj Gallander

On Stockchase since : Apr 2002

President at Contra the Heard Investment Letter

Reveal Expert Performance

Benj Gallander hasn’t left any messages.


Benj Gallander Latest Top Picks...

Stock Opinions by Benj Gallander - Stockchase Experts

Signal Opinion Expert Chart
COMMENT
General Market Comment 

April 23, 2019

The big question is: How long can it last? The rebound since December has been staggering. There isn't a balloon ready to burst, but a downturn will come. When? We're late in the cycle. Now are the good-ole-days. We're way below normal interest rate levels, but debt is high. These are the danger signals. He will be quicker to sell; he would love to take more money off the table. U.S. unemployment is at record lows which boosts spending, but also the Fed should raise interest rates. Trump is highly questionable, economically. He's had six companies go bankrupt. His tweets aren't the wisest things, but no one can contain him. How much is he getting done on the trade front? Our own trade deal with the US hasn't been signed yet. He creates more negativity than the positive; he thrives on discord, which is not the best way to do business.
0 0 0 0 0
0 comments
The big question is: How long can it last? The rebound since December has been staggering. There isn't a balloon ready to burst, but a downturn will come. When? We're late in the cycle. Now are the good-ole-days. We're way below normal interest rate levels, but debt is high. These are the danger signals. He will be quicker to sell; he would love to take more money off the table. U.S. unemployment is at record lows which boosts spending, but also the Fed should raise interest rates. Trump is highly questionable, economically. He's had six companies go bankrupt. His tweets aren't the wisest things, but no one can contain him. How much is he getting done on the trade front? Our own trade deal with the US hasn't been signed yet. He creates more negativity than the positive; he thrives on discord, which is not the best way to do business.
Unknown
0 0 0 0 0
0 comments
Benj Gallander

President, Contra the Heard Inv...

Price Price
$0.000
Owned Owned
Unknown

Sign up or Log in to enjoy full view of charts.

WAIT
The government seems like it wants to penalize SNC unfairly and will cost taxpayers mega-millions. The people who caused problems for SNC no longer work there. It simply doesn't make sense. These politics don't have great understanding of business. He is wary about investing in SNC. There could be more shoes to drop. Management is making smart moves, like selling off part of the 407. Be patient and wait. If you own it, maybe hold it.
contractors
0 0 0 0 0
0 comments
The government seems like it wants to penalize SNC unfairly and will cost taxpayers mega-millions. The people who caused problems for SNC no longer work there. It simply doesn't make sense. These politics don't have great understanding of business. He is wary about investing in SNC. There could be more shoes to drop. Management is making smart moves, like selling off part of the 407. Be patient and wait. If you own it, maybe hold it.
contractors
0 0 0 0 0
0 comments
Benj Gallander

President, Contra the Heard Inv...

Price Price
$34.000
Owned Owned
Unknown

Sign up or Log in to enjoy full view of charts.

WATCH
It's on his watch list, but he prefers--and bought--a peer that he will name later. He needs to take a closer look at this. A possible buy. Rising oil prices will encourage buying.
oil pipelines
0 0 0 0 0
0 comments
It's on his watch list, but he prefers--and bought--a peer that he will name later. He needs to take a closer look at this. A possible buy. Rising oil prices will encourage buying.
oil pipelines
0 0 0 0 0
0 comments
Benj Gallander

President, Contra the Heard Inv...

Price Price
$2.280
Owned Owned
No

Sign up or Log in to enjoy full view of charts.

DON'T BUY
Hudson Bay Co.(HBC-T) 

April 23, 2019

He used to own this for the land it held. The land is worth a lot, but HBC has a lot of debt and other problems. He hasn't looked at HBC lately, and the retail environment has changed since he owned this. Managers are making many changes, mostly better, but time is of the essence.
department stores
0 0 0 0 0
0 comments
He used to own this for the land it held. The land is worth a lot, but HBC has a lot of debt and other problems. He hasn't looked at HBC lately, and the retail environment has changed since he owned this. Managers are making many changes, mostly better, but time is of the essence.
department stores
0 0 0 0 0
0 comments
Benj Gallander

President, Contra the Heard Inv...

Price Price
$7.370
Owned Owned
No

Sign up or Log in to enjoy full view of charts.

HOLD
Aegon N.V.(AEG-N) 

April 23, 2019

Long term? A big Dutch insurer. They were too active for him, selling off division and buying new ones. Good dividend. This could return to double digits. He's happy to wait. They almost didn't survive the 2008 recession, but is doing much better now. But for now, he'll collect the dividend and see if it improves.
Financial Services
0 0 0 0 0
0 comments
Long term? A big Dutch insurer. They were too active for him, selling off division and buying new ones. Good dividend. This could return to double digits. He's happy to wait. They almost didn't survive the 2008 recession, but is doing much better now. But for now, he'll collect the dividend and see if it improves.
Financial Services
0 0 0 0 0
0 comments
Benj Gallander

President, Contra the Heard Inv...

Price Price
$5.100
Owned Owned
Yes

Sign up or Log in to enjoy full view of charts.

BUY
Extendicare Inc(EXE-T) 

April 23, 2019

The activist investor? The activist investor owns 9%. It's a leader in Canada. A great demographic play. Good dividend. This could hit $12-14. He's pleased that EXE has come to an agreement with the activist.
other services
0 0 0 0 0
0 comments
The activist investor? The activist investor owns 9%. It's a leader in Canada. A great demographic play. Good dividend. This could hit $12-14. He's pleased that EXE has come to an agreement with the activist.
other services
0 0 0 0 0
0 comments
Benj Gallander

President, Contra the Heard Inv...

Price Price
$7.850
Owned Owned
Yes

Sign up or Log in to enjoy full view of charts.

DON'T BUY
Orvana Minerals(ORV-T) 

April 23, 2019

They have mines in Spain and Bolivia, but costs are too high and management changes too often. It has disappointed him a lot. They need to reduce costs. Management is overpaid which bothers him.
precious metals
0 0 0 0 0
0 comments
They have mines in Spain and Bolivia, but costs are too high and management changes too often. It has disappointed him a lot. They need to reduce costs. Management is overpaid which bothers him.
precious metals
0 0 0 0 0
0 comments
Benj Gallander

President, Contra the Heard Inv...

Price Price
$0.175
Owned Owned
Yes

Sign up or Log in to enjoy full view of charts.

PAST TOP PICK
(A Top Pick Apr 18/18, Down 28%) Still would buy it. Likes their special dividend at end-2018 and they have started a regular 2.5-cent dividend. Revenues were down last quarter $38.5 million, but things will improve going forward. They report soon. He likes this a lot. Their oil/gas is doing better, but not cryptos. They're getting big into cannabis. Someone could take them over, because the cannabis space is palatable, thereofre GMP is. However, some of their top people are being poached by other companies.
investment companies/funds
0 0 0 0 0
0 comments
(A Top Pick Apr 18/18, Down 28%) Still would buy it. Likes their special dividend at end-2018 and they have started a regular 2.5-cent dividend. Revenues were down last quarter $38.5 million, but things will improve going forward. They report soon. He likes this a lot. Their oil/gas is doing better, but not cryptos. They're getting big into cannabis. Someone could take them over, because the cannabis space is palatable, thereofre GMP is. However, some of their top people are being poached by other companies.
investment companies/funds
0 0 0 0 0
0 comments
Benj Gallander

President, Contra the Heard Inv...

Price Price
$2.080
Owned Owned
Yes

Sign up or Log in to enjoy full view of charts.

PAST TOP PICK
Obsidian Energy(OBE-T) 

April 23, 2019

(A Top Pick Apr 18/18, Down 65%) There could still be a takeover. Their revenues are way down while debt has gone way up. He's moved on.
oil/gas
0 0 0 0 0
0 comments
(A Top Pick Apr 18/18, Down 65%) There could still be a takeover. Their revenues are way down while debt has gone way up. He's moved on.
oil/gas
0 0 0 0 0
0 comments
Benj Gallander

President, Contra the Heard Inv...

Price Price
$0.510
Owned Owned
No

Sign up or Log in to enjoy full view of charts.

PAST TOP PICK
(A Top Pick Apr 18/18, Down 53%) Likes them a lot. He's added to his position. It's a driller. They have better products in the U.S. Good manager and little debt. Oil/gas prices have moved up which could help CET.
oil/gas field services
0 0 0 0 0
0 comments
(A Top Pick Apr 18/18, Down 53%) Likes them a lot. He's added to his position. It's a driller. They have better products in the U.S. Good manager and little debt. Oil/gas prices have moved up which could help CET.
oil/gas field services
0 0 0 0 0
0 comments
Benj Gallander

President, Contra the Heard Inv...

Price Price
$0.760
Owned Owned
Yes

Sign up or Log in to enjoy full view of charts.

BUY
BlackBerry(BB-T) 

April 23, 2019

Will it hit $18 in 6 months? He likes it, but doubts it'll rise 50% in 6 months. At the Fairfax AGM, Prem Watsa talked about BB a low. Watsa's deep pockets supports BB. BB is a good stock with a lot of upside.
electrical/electronic
0 0 0 0 0
0 comments
Will it hit $18 in 6 months? He likes it, but doubts it'll rise 50% in 6 months. At the Fairfax AGM, Prem Watsa talked about BB a low. Watsa's deep pockets supports BB. BB is a good stock with a lot of upside.
electrical/electronic
0 0 0 0 0
0 comments
Benj Gallander

President, Contra the Heard Inv...

Price Price
$12.350
Owned Owned
Yes

Sign up or Log in to enjoy full view of charts.

COMMENT
Quarterhill Inc(QTRH-T) 

April 23, 2019

They won a lawsuit against Apple for $145 for the first judgement, then won only $10 for the second judgement, then the judge told them to work it out. They have the lumpiest revenues he's ever seen. They keep doing patent deals, like one this week. Likes the CEO who did lots of takeovers when he ran Open Text. QTRH has no debt and has done a few takeovers. Not successful in creating recurring revenues, but he likes the dividend. Lots of upside here. A good settlement with Apple will really help.
electrical/electronic
0 0 0 0 0
0 comments
They won a lawsuit against Apple for $145 for the first judgement, then won only $10 for the second judgement, then the judge told them to work it out. They have the lumpiest revenues he's ever seen. They keep doing patent deals, like one this week. Likes the CEO who did lots of takeovers when he ran Open Text. QTRH has no debt and has done a few takeovers. Not successful in creating recurring revenues, but he likes the dividend. Lots of upside here. A good settlement with Apple will really help.
electrical/electronic
0 0 0 0 0
0 comments
Benj Gallander

President, Contra the Heard Inv...

Price Price
$1.500
Owned Owned
Yes

Sign up or Log in to enjoy full view of charts.

DON'T BUY
Way too pricey for him. Now, you can buy only stocks that are way, way cheap, because the market has gone up so much.
precious metals
0 0 0 0 0
0 comments
Way too pricey for him. Now, you can buy only stocks that are way, way cheap, because the market has gone up so much.
precious metals
0 0 0 0 0
0 comments
Benj Gallander

President, Contra the Heard Inv...

Price Price
$33.010
Owned Owned
No

Sign up or Log in to enjoy full view of charts.

COMMENT
Cameco Corporation(CCO-T) 

April 23, 2019

The uranium sector. He's watching Cameco, but it's too expensive for him and have too many problems. They will probably win their Japanese lawsuit, but close their major operation in Saskatchewan, costing them $7/month. Uranium will have its day in the sun.
integrated mines
0 0 0 0 0
0 comments
The uranium sector. He's watching Cameco, but it's too expensive for him and have too many problems. They will probably win their Japanese lawsuit, but close their major operation in Saskatchewan, costing them $7/month. Uranium will have its day in the sun.
integrated mines
0 0 0 0 0
0 comments
Benj Gallander

President, Contra the Heard Inv...

Price Price
$15.910
Owned Owned
Unknown

Sign up or Log in to enjoy full view of charts.

COMMENT
CASH(CASH) 

April 23, 2019

He always has a lot of cash on the sidelines, but he doesn't think of it in terms of percentages. His big problem now is finding a good preferred share, like LB and Transalta.
N/A
0 0 0 0 0
0 comments
He always has a lot of cash on the sidelines, but he doesn't think of it in terms of percentages. His big problem now is finding a good preferred share, like LB and Transalta.
N/A
0 0 0 0 0
0 comments
Benj Gallander

President, Contra the Heard Inv...

Price Price
$0.000
Owned Owned
Unknown

Sign up or Log in to enjoy full view of charts.

Showing 1 to 15 of 2,385 entries
Successfully Saved Company
Successfully Saved Company
1+
JOIN THE DISCUSSION
1 comments in the last 7 days