Latest Expert Opinions

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
August 17, 2005
Shareholders lawsuits is a concern. Move into Korea is very constructive, but still has questions about the profitability of the venture, the market they want to go after and the speed in which they will attain it.
Nortel (NT-T)
August 17, 2005
Shareholders lawsuits is a concern. Move into Korea is very constructive, but still has questions about the profitability of the venture, the market they want to go after and the speed in which they will attain it.
Peter Brieger
Chairman & Chief Executive Officer, GlobeInvestment Capital Management
Price
$3.860
Owned
No
DON'T BUY
DON'T BUY
August 17, 2005
On a price to book ratio, it's terribly cheap. Book value is about $12. It should normally sell at a price to book at 1.5. However, if you take a look at what's happening in the production of liner board, capacity has increased in China and Europe and modestly in the US. China has slapped on 20% tariffs on imports. Far too overpriced.
Cascades Inc (CAS-T)
August 17, 2005
On a price to book ratio, it's terribly cheap. Book value is about $12. It should normally sell at a price to book at 1.5. However, if you take a look at what's happening in the production of liner board, capacity has increased in China and Europe and modestly in the US. China has slapped on 20% tariffs on imports. Far too overpriced.
Peter Brieger
Chairman & Chief Executive Officer, GlobeInvestment Capital Management
Price
$10.200
Owned
No
BUY
BUY
August 17, 2005
Have not sold any shares and just bought more. Because of the success of their product they are now looking at orders in the magnitude of 200/300/400. Recently acquired a company called Roughneck which gives them a top-down approach to software licensing and the provision of a total wells information system giving them a broader market. Hold for 3 years.
Have not sold any shares and just bought more. Because of the success of their product they are now looking at orders in the magnitude of 200/300/400. Recently acquired a company called Roughneck which gives them a top-down approach to software licensing and the provision of a total wells information system giving them a broader market. Hold for 3 years.
Peter Brieger
Chairman & Chief Executive Officer, GlobeInvestment Capital Management
Price
$1.700
Owned
Yes
BUY
BUY
August 17, 2005
Fully priced in the short term. Looking out 3/5 years, it will be acquiring small to mid size engineering firms. A very fragmented business. Likes it for the long term.
Stantec Inc (STN-T)
August 17, 2005
Fully priced in the short term. Looking out 3/5 years, it will be acquiring small to mid size engineering firms. A very fragmented business. Likes it for the long term.
Peter Brieger
Chairman & Chief Executive Officer, GlobeInvestment Capital Management
Price
$39.250
Owned
Yes
BUY
BUY
August 17, 2005
Looking for more upside. Can see between 14000/16000 which would put this up around the $15 level. Expects to buy some shortly.
Looking for more upside. Can see between 14000/16000 which would put this up around the $15 level. Expects to buy some shortly.
Peter Brieger
Chairman & Chief Executive Officer, GlobeInvestment Capital Management
Price
$11.010
Owned
No
DON'T BUY
DON'T BUY
August 17, 2005
A controversial stock. The bears are saying it's far too expensive on a price to cash flow basis and the stock is worth about $7. On the other hand, people are saying it is incredibly cheap on a price to book value and their target would be $14. He has no intention of owning it.
Black Rock (BVI-T)
August 17, 2005
A controversial stock. The bears are saying it's far too expensive on a price to cash flow basis and the stock is worth about $7. On the other hand, people are saying it is incredibly cheap on a price to book value and their target would be $14. He has no intention of owning it.
Peter Brieger
Chairman & Chief Executive Officer, GlobeInvestment Capital Management
Price
$10.310
Owned
No
BUY
BUY
August 17, 2005
Fully taxable, so better in an RRSP. Likes it long term. Outside an RRSP, he would choose Fort Chicago (FCE.UN-T) in which 65% of the cash flow is taxed with the rest being counted as a return of capital.
Fully taxable, so better in an RRSP. Likes it long term. Outside an RRSP, he would choose Fort Chicago (FCE.UN-T) in which 65% of the cash flow is taxed with the rest being counted as a return of capital.
Peter Brieger
Chairman & Chief Executive Officer, GlobeInvestment Capital Management
Price
$14.950
Owned
Yes