Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
September 28, 2009
Converting the B shares to A. Buy now or wait? Really likes the management. If you buy don't do it as a Trade. You are buying management so give them a couple of years to accrete more value.
Converting the B shares to A. Buy now or wait? Really likes the management. If you buy don't do it as a Trade. You are buying management so give them a couple of years to accrete more value.
Andrew McCreath
Senior Portfolio Manager, Sentry Select Capital
Price
$1.770
Owned
Yes
SELL
SELL
September 28, 2009
Recently had a significant lift as a result of their refinancing. This gives you an opportunity to Sell because it is a declining business.
Yellow Media Inc (Y-T)
September 28, 2009
Recently had a significant lift as a result of their refinancing. This gives you an opportunity to Sell because it is a declining business.
Andrew McCreath
Senior Portfolio Manager, Sentry Select Capital
Price
$5.530
Owned
No
BUY
BUY
September 28, 2009
Favourite gold recently was Iamgold (IMG-T) but recently has been a lot of speculation that Newmont (NMC-T) was going to buy it so it got expensive. This company raised $4 billion to clear their heads book, which had always harmed valuations. Unhedged there is potential for a marginally higher valuation. (Pair Traded with a Short on Newmont (NMC-T).)
Barrick Gold (ABX-T)
September 28, 2009
Favourite gold recently was Iamgold (IMG-T) but recently has been a lot of speculation that Newmont (NMC-T) was going to buy it so it got expensive. This company raised $4 billion to clear their heads book, which had always harmed valuations. Unhedged there is potential for a marginally higher valuation. (Pair Traded with a Short on Newmont (NMC-T).)
Andrew McCreath
Senior Portfolio Manager, Sentry Select Capital
Price
$39.540
Owned
Yes
COMMENT
COMMENT
September 28, 2009
Have to de-consolidate Indonesian operations, which will create significant downward pressure on cash flow. Will also have to make a large acquisition that he thinks will be dilutive. (Pair traded with a Long on Barrick (ABX-T).)
Newmont Mining (NMC-T)
September 28, 2009
Have to de-consolidate Indonesian operations, which will create significant downward pressure on cash flow. Will also have to make a large acquisition that he thinks will be dilutive. (Pair traded with a Long on Barrick (ABX-T).)
Andrew McCreath
Senior Portfolio Manager, Sentry Select Capital
Price
$46.320
Owned
Yes
BUY
BUY
September 28, 2009
About 50/50 oil and gas. New management has sold off a bunch of conventional gas assets and are moving more towards unconventional gas. Market hasn't decided if this is going to work or not. A cheap stock but for a reason. Potential for a higher rating as the market sees the new team is doing the right thing.
Talisman Energy (TLM-T)
September 28, 2009
About 50/50 oil and gas. New management has sold off a bunch of conventional gas assets and are moving more towards unconventional gas. Market hasn't decided if this is going to work or not. A cheap stock but for a reason. Potential for a higher rating as the market sees the new team is doing the right thing.
Andrew McCreath
Senior Portfolio Manager, Sentry Select Capital
Price
$18.660
Owned
No
TOP PICK
TOP PICK
September 28, 2009
(A Top Pick Sept 22/08. Down 13%.) Likes its torque to the Horizon oil sands project. Has completed phase 1 and has done really well. Coming in on time, on budget and with production upside. Will have a lot of growth.
(A Top Pick Sept 22/08. Down 13%.) Likes its torque to the Horizon oil sands project. Has completed phase 1 and has done really well. Coming in on time, on budget and with production upside. Will have a lot of growth.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$73.440
Owned
Yes
TOP PICK
TOP PICK
September 28, 2009
Will trade higher because it will give clarity between the 2 asset bases. Has done everything right. Have land holdings in all the hot plays. They had just smartly and are up over $1.6 billion in cash flow this year. After the split he would be inclined to keep the gas.
Encana Corp (ECA-T)
September 28, 2009
Will trade higher because it will give clarity between the 2 asset bases. Has done everything right. Have land holdings in all the hot plays. They had just smartly and are up over $1.6 billion in cash flow this year. After the split he would be inclined to keep the gas.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$61.570
Owned
Yes