Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
December 22, 2008
Raised $2 billion in equity and several hundred million in preferred shares. Solid balance sheet. Tier 1 capital. Good hold on a long-term basis. Dividends are secure. (See Top Picks.)
Royal Bank (RY-T)
December 22, 2008
Raised $2 billion in equity and several hundred million in preferred shares. Solid balance sheet. Tier 1 capital. Good hold on a long-term basis. Dividends are secure. (See Top Picks.)
Gordon Higgins, CA, MBA
Vice President, Equities, Sentry Select Capital Corp
Price
$33.900
Owned
Yes
BUY
BUY
December 22, 2008
One of the more conservative banks. Has the best history of earnings increases. Just acquired a major position of CI Financial (CIX.UN-T) from Sun Life (SLF-T) with shares, so didn't have to do an equity raise. (See Top Picks.)
Bank of Nova Scotia (BNS-T)
December 22, 2008
One of the more conservative banks. Has the best history of earnings increases. Just acquired a major position of CI Financial (CIX.UN-T) from Sun Life (SLF-T) with shares, so didn't have to do an equity raise. (See Top Picks.)
Gordon Higgins, CA, MBA
Vice President, Equities, Sentry Select Capital Corp
Price
$29.250
Owned
Yes
BUY
BUY
December 22, 2008
Great asset base. Have a refinery so they benefit even when oil prices go down. Cut back on their budget so still have free cash flow. Very solid company. 7.25% yield could be at risk.
Husky Energy (HSE-T)
December 22, 2008
Great asset base. Have a refinery so they benefit even when oil prices go down. Cut back on their budget so still have free cash flow. Very solid company. 7.25% yield could be at risk.
Gordon Higgins, CA, MBA
Vice President, Equities, Sentry Select Capital Corp
Price
$27.690
Owned
No
DON'T BUY
DON'T BUY
December 22, 2008
Tried to do a convertible debt issue and it got pulled. Definitely have some financial issues. Not for the faint of heart.
Oilexco Inc (OIL-X)
December 22, 2008
Tried to do a convertible debt issue and it got pulled. Definitely have some financial issues. Not for the faint of heart.
Gordon Higgins, CA, MBA
Vice President, Equities, Sentry Select Capital Corp
Price
$0.730
Owned
No
COMMENT
COMMENT
December 22, 2008
Oil sands. With oil prices down, its price collapsed. Will trade of oil prices. Had a big US following, which sold off when they didn't want to own oil. Thinks the selloff was overdone. Needs higher oil prices.
Suncor Energy Inc (SU-T)
December 22, 2008
Oil sands. With oil prices down, its price collapsed. Will trade of oil prices. Had a big US following, which sold off when they didn't want to own oil. Thinks the selloff was overdone. Needs higher oil prices.
Gordon Higgins, CA, MBA
Vice President, Equities, Sentry Select Capital Corp
Price
$22.140
Owned
Yes
DON'T BUY
DON'T BUY
December 22, 2008
Laden with debt. Took on debt to buy Financial Post. Slow down in their Australian assets. Advertising is down on newspapers and television. High risk.
Laden with debt. Took on debt to buy Financial Post. Slow down in their Australian assets. Advertising is down on newspapers and television. High risk.
Gordon Higgins, CA, MBA
Vice President, Equities, Sentry Select Capital Corp
Price
$0.475
Owned
No
DON'T BUY
DON'T BUY
December 22, 2008
Dividend fluctuates on cash flow and at $40 oil they are going to have to cut the distribution. At $60 oil you might be looking at a $.50 distribution and at $40 oil you might be looking at $.10. (Sold his holdings recently.)
Canadian Oil Sands (COS-T)
December 22, 2008
Dividend fluctuates on cash flow and at $40 oil they are going to have to cut the distribution. At $60 oil you might be looking at a $.50 distribution and at $40 oil you might be looking at $.10. (Sold his holdings recently.)
Gordon Higgins, CA, MBA
Vice President, Equities, Sentry Select Capital Corp
Price
$18.150
Owned
No