Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
November 18, 2005
Basically involved in the direct marketing of natural gas and moving into electricity, primarily in Ontario. A very high quality name. The last quarter was in line. On track to meet 10% top line growth and slightly higher for bottom line growth.
Just Energy Group (JE-T)
November 18, 2005
Basically involved in the direct marketing of natural gas and moving into electricity, primarily in Ontario. A very high quality name. The last quarter was in line. On track to meet 10% top line growth and slightly higher for bottom line growth.
Michele Robitaille
Portfolio Manager, Guardian Capital
Price
$16.430
Owned
Yes
DON'T BUY
DON'T BUY
November 18, 2005
This one has pulled back the least in this correction. Would be very cautious at these levels. The biggest concern with this is that it is tied to Air Canada and you have to wonder about the long term viability of that business.
Aimia (AIM-T)
November 18, 2005
This one has pulled back the least in this correction. Would be very cautious at these levels. The biggest concern with this is that it is tied to Air Canada and you have to wonder about the long term viability of that business.
Michele Robitaille
Portfolio Manager, Guardian Capital
Price
$11.650
Owned
No
BUY
BUY
November 18, 2005
Has had a pretty dramatic correction. Stumbled in the 1st quarter and a little bit in the 2nd because the competitive environment in Vancouver has become very tough. The growth is going to take some time. At a level where most of the downside is reflected in the price. Long term, really likes the stock as it is well suited to the trust model.
Has had a pretty dramatic correction. Stumbled in the 1st quarter and a little bit in the 2nd because the competitive environment in Vancouver has become very tough. The growth is going to take some time. At a level where most of the downside is reflected in the price. Long term, really likes the stock as it is well suited to the trust model.
Michele Robitaille
Portfolio Manager, Guardian Capital
Price
$14.380
Owned
Yes
BUY
BUY
November 18, 2005
A very high quality company. Have very long lease terms. Revenues are very stable. Trading at a good valuation. Trading at a discount to its net asset value.
A very high quality company. Have very long lease terms. Revenues are very stable. Trading at a good valuation. Trading at a discount to its net asset value.
Michele Robitaille
Portfolio Manager, Guardian Capital
Price
$18.900
Owned
Yes
BUY
BUY
November 18, 2005
A high quality name in the oil/gas trusts. Have one of the largest land holdings in the basin. Working hard on improving their capital efficiencies by farming out their assets. Have a payout ratio of about 48%. Will probably havr another distribution increase.
Obsidian Energy (OBE-T)
November 18, 2005
A high quality name in the oil/gas trusts. Have one of the largest land holdings in the basin. Working hard on improving their capital efficiencies by farming out their assets. Have a payout ratio of about 48%. Will probably havr another distribution increase.
Michele Robitaille
Portfolio Manager, Guardian Capital
Price
$33.080
Owned
Yes
HOLD
HOLD
November 18, 2005
Iron ore prices have been quite strong. Will probably soften over the next couple of years. but outlook for the next 1/2 years is quite strong before there is a pull back in prices. IOC, in which they have a large holding, has just re-instated dividends which will affect distributions positively. Look at trimming back your position after you have your next distribution payment.
Iron ore prices have been quite strong. Will probably soften over the next couple of years. but outlook for the next 1/2 years is quite strong before there is a pull back in prices. IOC, in which they have a large holding, has just re-instated dividends which will affect distributions positively. Look at trimming back your position after you have your next distribution payment.
Michele Robitaille
Portfolio Manager, Guardian Capital
Price
$23.850
Owned
Yes
PAST TOP PICK
PAST TOP PICK
November 18, 2005
(A Top Pick Sept 16/05. Down 8.5%.) After the government's trusts announcement, the rest of the business trusts dropped 15%, so this one didn't fare too badly. Great company. Very strong earnings.
Waste Connections (WCN-T)
November 18, 2005
(A Top Pick Sept 16/05. Down 8.5%.) After the government's trusts announcement, the rest of the business trusts dropped 15%, so this one didn't fare too badly. Great company. Very strong earnings.
Michele Robitaille
Portfolio Manager, Guardian Capital
Price
$28.240
Owned
Yes