Opinions by Michael Smedley | StockChase
3404
Michael Smedley

Exec VP & Chief Investment Officer

ON STOCKCHASE SINCE Aug 2001

Morgan Meighan & Associates

3404
Michael Smedley

Exec VP & Chief Investment Officer

ON STOCKCHASE SINCE Aug 2001

Morgan Meighan & Associates


Opinions by Michael Smedley


Signal Opinion Expert Chart
N/A
General Market Comment 

December 12, 2017

Market.  The new Cannabis for 2018 is Bitcoin, but he likes to think it is Block Chain upon which Bitcoin is based that is the new Cannabis.  Block chain, people are beginning to realize, is very serious.  Everyone has suddenly woken up and realized they have to take a hard look at it.  It will make easier transactions over international borders.  It is being used all over the world real time already.  It is a software/hardware situation.  He bought in a year ago.  There are new companies coming into it daily, although only one is publicly traded in Canada.  People are focused on the frenzy of the amazing gains and maybe someday there will be an amazing tumble in Bitcoin.  People may not take all the profit this month because they will have to pay the tax man for the capital gains.  Cannabis is going to carry on and the high fever of Bitcoin will continue.  He only invests in Block Chain though, not Bitcoin.

Market.  The new Cannabis for 2018 is Bitcoin, but he likes to think it is Block Chain upon which Bitcoin is based that is the new Cannabis.  Block chain, people are beginning to realize, is very serious.  Everyone has suddenly woken up and realized they have to take a hard look at it.  It will make easier transactions over international borders.  It is being used all over the world real time already.  It is a software/hardware situation.  He bought in a year ago.  There are new companies coming into it daily, although only one is publicly traded in Canada.  People are focused on the frenzy of the amazing gains and maybe someday there will be an amazing tumble in Bitcoin.  People may not take all the profit this month because they will have to pay the tax man for the capital gains.  Cannabis is going to carry on and the high fever of Bitcoin will continue.  He only invests in Block Chain though, not Bitcoin.

Unknown
Michael Smedley

Exec VP & Chief Investment Officer, Morgan Meighan & Ass...

PricePrice
$0.020
Owned Owned
_N/A

Must be logged in to use chart
BUY
AGT Food & Ingredients(AGT-T) 

December 12, 2017

It had a bit of a tough year but it was commodity related.  It is almost a one of a kind – the big one in the world.  He has it for the long term.  He does not think it will be caught in tax loss selling, however.

agriculture

It had a bit of a tough year but it was commodity related.  It is almost a one of a kind – the big one in the world.  He has it for the long term.  He does not think it will be caught in tax loss selling, however.

agriculture
Michael Smedley

Exec VP & Chief Investment Officer, Morgan Meighan & Ass...

PricePrice
$20.390
Owned Owned
Yes

Must be logged in to use chart
PAST TOP PICK
BlackBerry(BB-T) 

December 12, 2017

(A Top Pick May 26/17, Down 8%)  It’s a renovated, reconstructed company now.  It is not going back to the old tier, and it is going to be hard to crank it up to the previous levels.  But that won’t stop it getting back into the $20 range.  It has continued to earn royalties on the hardware.  It is now a specialized software companies.

electrical/electronic

(A Top Pick May 26/17, Down 8%)  It’s a renovated, reconstructed company now.  It is not going back to the old tier, and it is going to be hard to crank it up to the previous levels.  But that won’t stop it getting back into the $20 range.  It has continued to earn royalties on the hardware.  It is now a specialized software companies.

electrical/electronic
Michael Smedley

Exec VP & Chief Investment Officer, Morgan Meighan & Ass...

PricePrice
$13.700
Owned Owned
Yes

Must be logged in to use chart
BUY
Bombardier Inc (B)(BBD.B-T) 

December 12, 2017

Next year will be better than the last.  The airbus deal creates quite a wholesome deal for them.  He bought a little personally thinking that it had somewhat turned a corner.  Today’s European rail car deal may not have very good margins, however.

transportation equip & components

Next year will be better than the last.  The airbus deal creates quite a wholesome deal for them.  He bought a little personally thinking that it had somewhat turned a corner.  Today’s European rail car deal may not have very good margins, however.

transportation equip & components
Michael Smedley

Exec VP & Chief Investment Officer, Morgan Meighan & Ass...

PricePrice
$3.150
Owned Owned
Yes

Must be logged in to use chart
BUY
Airboss of America(BOS-T) 

December 12, 2017

He thinks it might be bought out at some point.  It will likely go up in 2018.  It is a supplier into the oil industry among others.  It probably won’t go down if there is a correction.

transportation equip & components

He thinks it might be bought out at some point.  It will likely go up in 2018.  It is a supplier into the oil industry among others.  It probably won’t go down if there is a correction.

transportation equip & components
Michael Smedley

Exec VP & Chief Investment Officer, Morgan Meighan & Ass...

PricePrice
$10.390
Owned Owned
Yes

Must be logged in to use chart
PAST TOP PICK
BTL Group Ltd.(BTL-X) 

December 12, 2017

(A Top Pick May 26/17, Up 145%)  On the basis of current business it is extremely well valued.  But it is early days with a very seriously usable platform in block chain for trading.  They will get clients and have had trial runs with V-N in Europe and with major oil and gas companies.

(A Top Pick May 26/17, Up 145%)  On the basis of current business it is extremely well valued.  But it is early days with a very seriously usable platform in block chain for trading.  They will get clients and have had trial runs with V-N in Europe and with major oil and gas companies.

0
Michael Smedley

Exec VP & Chief Investment Officer, Morgan Meighan & Ass...

PricePrice
$11.310
Owned Owned
Yes

Must be logged in to use chart
PAST TOP PICK
CCL Industries (B)(CCL.B-T) 

December 12, 2017

(A Top Pick May 26/17, Down 4%)  It is in a stage of pause.  It is a brilliant company.  It has an exciting and nasty polymer bank note business. 

packaging/containers

(A Top Pick May 26/17, Down 4%)  It is in a stage of pause.  It is a brilliant company.  It has an exciting and nasty polymer bank note business. 

packaging/containers
Michael Smedley

Exec VP & Chief Investment Officer, Morgan Meighan & Ass...

PricePrice
$59.400
Owned Owned
Yes

Must be logged in to use chart
BUY

[Caller asked about 'B' but BNN put up chart for 'A'] It is a fine company.  He has been in it long term.  It is inclined to go up a little.  People holding it don’t usually go rushing out the door because of the tax year.

breweries/beverages

[Caller asked about 'B' but BNN put up chart for 'A'] It is a fine company.  He has been in it long term.  It is inclined to go up a little.  People holding it don’t usually go rushing out the door because of the tax year.

breweries/beverages
Michael Smedley

Exec VP & Chief Investment Officer, Morgan Meighan & Ass...

PricePrice
$21.600
Owned Owned
Yes

Must be logged in to use chart
WATCH
BRP INC.(DOO-T) 

December 12, 2017

The recreational part of Bombardier.  They do extremely well.  He thinks it will continue to do very well.  It is controlled by the fairly than this is not a bad thing.  He doesn’t know if you buy it here if there is a big correction coming.

Consumer Products

The recreational part of Bombardier.  They do extremely well.  He thinks it will continue to do very well.  It is controlled by the fairly than this is not a bad thing.  He doesn’t know if you buy it here if there is a big correction coming.

Consumer Products
Michael Smedley

Exec VP & Chief Investment Officer, Morgan Meighan & Ass...

PricePrice
$49.360
Owned Owned
Yes

Must be logged in to use chart
COMMENT
Ecobalt Solutions Inc.(ECS-T) 

December 12, 2017

The best of the small cobalt companies in North America.  It has an asset that is alive and well.  It will be raising money for it while next door a mine is being decommissioned. 

Mining

The best of the small cobalt companies in North America.  It has an asset that is alive and well.  It will be raising money for it while next door a mine is being decommissioned. 

Mining
Michael Smedley

Exec VP & Chief Investment Officer, Morgan Meighan & Ass...

PricePrice
$1.700
Owned Owned
Unknown

Must be logged in to use chart
TOP PICK
Funko Inc.(FNKO-Q) 

December 12, 2017

Collecting fads.  It is a very large and serious American company.  It has great experience even though it is new to the market.  (Analysts’ target: $12.00).

Collecting fads.  It is a very large and serious American company.  It has great experience even though it is new to the market.  (Analysts’ target: $12.00).

0
Michael Smedley

Exec VP & Chief Investment Officer, Morgan Meighan & Ass...

PricePrice
$8.040
Owned Owned
Yes

Must be logged in to use chart
HOLD
Knight Therapeutics(GUD-T) 

December 12, 2017

It is a very long term appreciation.  It is a very fine business in that it finances and funds other production that it believes will come its way.  It won’t move up until the time comes and you might have to wait a long time.  It is not speculative.

It is a very long term appreciation.  It is a very fine business in that it finances and funds other production that it believes will come its way.  It won’t move up until the time comes and you might have to wait a long time.  It is not speculative.

0
Michael Smedley

Exec VP & Chief Investment Officer, Morgan Meighan & Ass...

PricePrice
$7.640
Owned Owned
Unknown

Must be logged in to use chart
COMMENT

Another Block Chain technology and Block Chain mining company.  It is data accumulation and mining.  It is a strange area.  Block Chain was set up with the miners rewarded for their mining of new coin.  It is limited to $21 Million.  It is mind boggling the amount of computing power needed to mine this crypto currency. 

Another Block Chain technology and Block Chain mining company.  It is data accumulation and mining.  It is a strange area.  Block Chain was set up with the miners rewarded for their mining of new coin.  It is limited to $21 Million.  It is mind boggling the amount of computing power needed to mine this crypto currency. 

0
Michael Smedley

Exec VP & Chief Investment Officer, Morgan Meighan & Ass...

PricePrice
$3.900
Owned Owned
No

Must be logged in to use chart
TOP PICK
Jamieson Wellness(JWEL-T) 

December 12, 2017

It is the most prominent name in wellness and vitamins.  This company is becoming globally entrenched, but it is very Canadian.  It will carry on growing.  It has had great numbers.  They are at the low end of the price range as holistic people would be willing to pay three times more for the pills.  He thinks it has growth potential.  (Analysts’ target: $22.25).

It is the most prominent name in wellness and vitamins.  This company is becoming globally entrenched, but it is very Canadian.  It will carry on growing.  It has had great numbers.  They are at the low end of the price range as holistic people would be willing to pay three times more for the pills.  He thinks it has growth potential.  (Analysts’ target: $22.25).

0
Michael Smedley

Exec VP & Chief Investment Officer, Morgan Meighan & Ass...

PricePrice
$22.320
Owned Owned
Yes

Must be logged in to use chart
HOLD
Katanga Mining Ltd.(KAT-T) 

December 12, 2017

They announced that they are the only big listed cobalt producer.  They have been out of production as they modernize their plant.  It will take a year or two to get to their expected higher production.  They know how to operate in the Congo.  They are 60-70% of world production.

metal mines

They announced that they are the only big listed cobalt producer.  They have been out of production as they modernize their plant.  It will take a year or two to get to their expected higher production.  They know how to operate in the Congo.  They are 60-70% of world production.

metal mines
Michael Smedley

Exec VP & Chief Investment Officer, Morgan Meighan & Ass...

PricePrice
$1.680
Owned Owned
Unknown

Must be logged in to use chart
Showing 1 to 15 of 3,401 entries
<< < 1 2 3 4 5 > >>

No Comments.


You must be logged in to comment.

Successfully Saved Company