Latest Expert Opinions

Signal
Opinion
Expert
HOLD
HOLD
January 26, 2005
Cheap. Market hasn't rebounded yet, but expects it to over the next couple of years.
Cheap. Market hasn't rebounded yet, but expects it to over the next couple of years.
Danny Tomka
Portfolio Manager, MFC Global Investment Management
Price
$5.860
Owned
No
HOLD
HOLD
January 26, 2005
Very interesting at this level. Break up value would be towards $19. Management has been questionable in terms of materializing value for shareholders. Has been a chronic underperformer on an operating basis and stock. Could be a trust.
Nordion Inc (NDN-T )
January 26, 2005
Very interesting at this level. Break up value would be towards $19. Management has been questionable in terms of materializing value for shareholders. Has been a chronic underperformer on an operating basis and stock. Could be a trust.
Danny Tomka
Portfolio Manager, MFC Global Investment Management
Price
$15.680
Owned
No
WEAK BUY
WEAK BUY
January 26, 2005
Looks cheap. Starting to generate cash. So many issues with this company regarding governance, management and accounting. Welbutrin has been a big money spinner for them, but it will be coming off patent, so competition will increase. This is already in the stock. Could trade higher. High risk and volatile.
Looks cheap. Starting to generate cash. So many issues with this company regarding governance, management and accounting. Welbutrin has been a big money spinner for them, but it will be coming off patent, so competition will increase. This is already in the stock. Could trade higher. High risk and volatile.
Danny Tomka
Portfolio Manager, MFC Global Investment Management
Price
$19.710
Owned
No
SELL
SELL
January 26, 2005
Business seems to be reasonably good, but the raw material prices have been rising, there is cost pressure on margins from the big 3, big 3 are losing market share to the Japanese. Sees modest growth.
Magna Int'l. (A) (MG-T)
January 26, 2005
Business seems to be reasonably good, but the raw material prices have been rising, there is cost pressure on margins from the big 3, big 3 are losing market share to the Japanese. Sees modest growth.
Danny Tomka
Portfolio Manager, MFC Global Investment Management
Price
$94.300
Owned
No
BUY WEAKNESS
BUY WEAKNESS
January 26, 2005
Management team is the best in the business. They have a defined strategy of growth for the US. Short term will be difficult as valuations of financials in the US are at a premium so it will be hard to do accretive acquisitions. Longer term there will be some attractive assets come up. Can grow around 10%. Wait for a pull back.
Toronto Dominion (TD-T)
January 26, 2005
Management team is the best in the business. They have a defined strategy of growth for the US. Short term will be difficult as valuations of financials in the US are at a premium so it will be hard to do accretive acquisitions. Longer term there will be some attractive assets come up. Can grow around 10%. Wait for a pull back.
Danny Tomka
Portfolio Manager, MFC Global Investment Management
Price
$49.250
Owned
Yes
TOP PICK
TOP PICK
January 26, 2005
Really likes the wireless business. Very strong growth. Executing well. A big free cash flow generator. They're buying in debt, de-levering the company so you are getting the added multiple expansion because of the de-levering. Can grow 12%.
Telus Corp (T-T)
January 26, 2005
Really likes the wireless business. Very strong growth. Executing well. A big free cash flow generator. They're buying in debt, de-levering the company so you are getting the added multiple expansion because of the de-levering. Can grow 12%.
Danny Tomka
Portfolio Manager, MFC Global Investment Management
Price
$36.510
Owned
Yes
WAIT
WAIT
January 26, 2005
Just reported and the earnings were not very good. Thinking about selling it, but thinks it may be temporary. There is inventory in the channel, so not re-ordering to the extent they were. Losing a little bit of market share to a competitor. Valuation is very attractive.
Sierra Wireless (SW-T)
January 26, 2005
Just reported and the earnings were not very good. Thinking about selling it, but thinks it may be temporary. There is inventory in the channel, so not re-ordering to the extent they were. Losing a little bit of market share to a competitor. Valuation is very attractive.
Danny Tomka
Portfolio Manager, MFC Global Investment Management
Price
$17.800
Owned
Yes