Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
July 22, 2005
Makes nails and steel wire products. A bit more complex in that it has facilities both in the US and Canada. Has done very well since their IPO. Have some currency exposure. Had an amazingly good strong year last year and the market may be a bit concerned about how far it's come down. Thinks the outlook is very good.
Makes nails and steel wire products. A bit more complex in that it has facilities both in the US and Canada. Has done very well since their IPO. Have some currency exposure. Had an amazingly good strong year last year and the market may be a bit concerned about how far it's come down. Thinks the outlook is very good.
Leslie Lundquist
Lead Manager, Jones Heward Investment Counsel
Price
$14.500
Owned
Yes
BUY
BUY
July 22, 2005
Looking 12 months down the road, the outlook is murky but good. Wants to expand beyond oil/gas pipelines. There's some consternation about this from the institutional community bacause there is an external management contract resulting in a fee. Expects good things, but it could be a bit of a rough ride getting there.
Looking 12 months down the road, the outlook is murky but good. Wants to expand beyond oil/gas pipelines. There's some consternation about this from the institutional community bacause there is an external management contract resulting in a fee. Expects good things, but it could be a bit of a rough ride getting there.
Leslie Lundquist
Lead Manager, Jones Heward Investment Counsel
Price
$10.460
Owned
Yes
DON'T BUY
DON'T BUY
July 22, 2005
Have had a bit of a difficult time. Had a very weak 1st quarter which hadn't been communicated very well in advance. Now waiting for the 2nd quarter results and the indication is that they will be kind of weak also. Some of its problems have been its US exposure and there is a currency risk.
Have had a bit of a difficult time. Had a very weak 1st quarter which hadn't been communicated very well in advance. Now waiting for the 2nd quarter results and the indication is that they will be kind of weak also. Some of its problems have been its US exposure and there is a currency risk.
Leslie Lundquist
Lead Manager, Jones Heward Investment Counsel
Price
$16.830
Owned
Yes
DON'T BUY
DON'T BUY
July 22, 2005
Growing through expansion/acquisition. Can't see any real competitive reason to expand except to get bigger. As long as they can continue to keep doing what they've been doing, they'll probably do well, but a lot of the expectation that they will congtinue to grow like that has already been priced onto the units. Not inexpensive.
Alcanna (CLIQ-T)
July 22, 2005
Growing through expansion/acquisition. Can't see any real competitive reason to expand except to get bigger. As long as they can continue to keep doing what they've been doing, they'll probably do well, but a lot of the expectation that they will congtinue to grow like that has already been priced onto the units. Not inexpensive.
Leslie Lundquist
Lead Manager, Jones Heward Investment Counsel
Price
$18.200
Owned
No
DON'T BUY
DON'T BUY
July 22, 2005
Security systems for houses. New IPO and has had a difficult infancy. A very small company in a very competitive industry.
Security systems for houses. New IPO and has had a difficult infancy. A very small company in a very competitive industry.
Leslie Lundquist
Lead Manager, Jones Heward Investment Counsel
Price
$10.050
Owned
No
HOLD
HOLD
July 22, 2005
The only pure play way to get exposure to the oil sands through the syncrude project. Although it is a trust and gives a yield, it is probably being bought as an oil call. If you think that oil is going to continue to be strong, it could be a very good buy. On the other hand, it could be very volatile.
The only pure play way to get exposure to the oil sands through the syncrude project. Although it is a trust and gives a yield, it is probably being bought as an oil call. If you think that oil is going to continue to be strong, it could be a very good buy. On the other hand, it could be very volatile.
Leslie Lundquist
Lead Manager, Jones Heward Investment Counsel
Price
$99.850
Owned
Unknown
TOP PICK
TOP PICK
July 22, 2005
(A Top Pick Jan 10/05. Up 9.5%.) Strong management team. Businesses are suitable and appropriate for a trust structure. Superb track record. The existing distribution stream is secure from its core propane distribution and pulp chemical business. On top of that there is some opportunity for growth as they are expanding their chemical business, plus they are into a new line, dry wall and building products distribution.
(A Top Pick Jan 10/05. Up 9.5%.) Strong management team. Businesses are suitable and appropriate for a trust structure. Superb track record. The existing distribution stream is secure from its core propane distribution and pulp chemical business. On top of that there is some opportunity for growth as they are expanding their chemical business, plus they are into a new line, dry wall and building products distribution.
Leslie Lundquist
Lead Manager, Jones Heward Investment Counsel
Price
$32.200
Owned
Yes