Latest Expert Opinions

Signal
Opinion
Expert
BUY WEAKNESS
BUY WEAKNESS
June 30, 2004
Tremendously well run. Stock price has been dropping, but still not in his value range.
Tremendously well run. Stock price has been dropping, but still not in his value range.
James Cole, BA, CFA
Senior Vice President and Portfolio Manager, AIC Limited
Price
$92.510
Owned
No
BUY WEAKNESS
BUY WEAKNESS
June 30, 2004
Banks and insurance companies are trading around fair value. Banks are generally around 12 X estimated earnings and life companies around 13 X. This bank has the most clearly identified growth profile of all the Banks.
Banks and insurance companies are trading around fair value. Banks are generally around 12 X estimated earnings and life companies around 13 X. This bank has the most clearly identified growth profile of all the Banks.
James Cole, BA, CFA
Senior Vice President and Portfolio Manager, AIC Limited
Price
$35.820
Owned
No
DON'T BUY
DON'T BUY
June 30, 2004
A company that has dual class shares which he doesn't like. With the sale of Loew/Cineplex, it will largely be cash. Doesn't expect the share price will do much of anything.
Onex Corp (ONEX-T)
June 30, 2004
A company that has dual class shares which he doesn't like. With the sale of Loew/Cineplex, it will largely be cash. Doesn't expect the share price will do much of anything.
James Cole, BA, CFA
Senior Vice President and Portfolio Manager, AIC Limited
Price
$17.000
Owned
No
WAIT
WAIT
June 30, 2004
Great company, but widely unknown outside of Québec. Acquisition in the US has given it a much wider profile. Earnings are expected to double this year. Balance sheet is a little bit stretched. Would wait to see how the integration goes.
Great company, but widely unknown outside of Québec. Acquisition in the US has given it a much wider profile. Earnings are expected to double this year. Balance sheet is a little bit stretched. Would wait to see how the integration goes.
James Cole, BA, CFA
Senior Vice President and Portfolio Manager, AIC Limited
Price
$23.370
Owned
No
DON'T BUY
DON'T BUY
June 30, 2004
Investors have been chasing yields so much that any company with a decent dividend has been driven up to historical high P/E's. This doesn't offer the prospect for a great rate of return. Would prefer Atco at 11 X earnings.
TC Energy (TRP-T)
June 30, 2004
Investors have been chasing yields so much that any company with a decent dividend has been driven up to historical high P/E's. This doesn't offer the prospect for a great rate of return. Would prefer Atco at 11 X earnings.
James Cole, BA, CFA
Senior Vice President and Portfolio Manager, AIC Limited
Price
$26.400
Owned
No
BUY
BUY
June 30, 2004
Investors have been chasing yields so much that any company with a decent dividend has been driven up to historical high P/E's. This doesn't offer the prospect for a great rate of return. Would prefer Atco at 11 X earnings.
Atco Ltd (ACO.X-T)
June 30, 2004
Investors have been chasing yields so much that any company with a decent dividend has been driven up to historical high P/E's. This doesn't offer the prospect for a great rate of return. Would prefer Atco at 11 X earnings.
James Cole, BA, CFA
Senior Vice President and Portfolio Manager, AIC Limited
Price
$47.740
Owned
Yes
DON'T BUY
DON'T BUY
June 30, 2004
Investors have been chasing yields so much that any company with a decent dividend has been driven up to historical high P/E's. This doesn't offer the prospect for a great rate of return. Would prefer Atco at 11 X earnings.
Transalta Corp (TA-T)
June 30, 2004
Investors have been chasing yields so much that any company with a decent dividend has been driven up to historical high P/E's. This doesn't offer the prospect for a great rate of return. Would prefer Atco at 11 X earnings.
James Cole, BA, CFA
Senior Vice President and Portfolio Manager, AIC Limited
Price
$16.750
Owned
No