Latest Expert Opinions

Signal
Opinion
Expert
TOP PICK
TOP PICK
September 1, 2010
(A Top Pick Aug 12/09. Up 43%.) 7.75% bonds maturing October 2015. The big price movement has already occurred but it still trades as a high yield bond. Cheap relative to investment grade credit.
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(A Top Pick Aug 12/09. Up 43%.) 7.75% bonds maturing October 2015. The big price movement has already occurred but it still trades as a high yield bond. Cheap relative to investment grade credit.
TOP PICK
TOP PICK
September 1, 2010
Own the apartment buildings and manufactured houses, basically mobile homes using CMHC financing. Just reported great numbers. Net operating income increased 5% and they upped guidance 5%. Good management and there is still room to grow.
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Own the apartment buildings and manufactured houses, basically mobile homes using CMHC financing. Just reported great numbers. Net operating income increased 5% and they upped guidance 5%. Good management and there is still room to grow.
TOP PICK
TOP PICK
September 1, 2010
Operate long-term care facilities in Ontario where they get provincial funding. 8.5% yield. Limited competition because of the barriers to entrance in this field.
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Operate long-term care facilities in Ontario where they get provincial funding. 8.5% yield. Limited competition because of the barriers to entrance in this field.
BUY
BUY
September 1, 2010
Focuses out west on office, retail and industrial. Over distributes on incoming income so the question is can they grow big enough to offset this. I've made some accretive acquisitions over the last several months. Relatively inexpensive.
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Whiterock REIT (WRK.UN-T)
September 1, 2010
Focuses out west on office, retail and industrial. Over distributes on incoming income so the question is can they grow big enough to offset this. I've made some accretive acquisitions over the last several months. Relatively inexpensive.
BUY
BUY
September 1, 2010
Distribution is 115% but is dropping down each quarter. Well managed and has excellent properties and are well funded. Acquiring and growing. 8.8% yield.
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Distribution is 115% but is dropping down each quarter. Well managed and has excellent properties and are well funded. Acquiring and growing. 8.8% yield.
SELL
SELL
September 1, 2010
5.65% Bond due Dec 2056. This is one that has rallied tremendously and has probably gone as far as it can.
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Bank of Nova Scotia (BNS-T)
September 1, 2010
5.65% Bond due Dec 2056. This is one that has rallied tremendously and has probably gone as far as it can.
PARTIAL SELL
PARTIAL SELL
September 1, 2010
They were caught offside with the Bow building in Calgary when there were a lot of vacancies and financing had seized up. Recently retired expensive financing so there is no liquidity problem. Have great properties. Has had a good run so if you own, consider shaving.
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They were caught offside with the Bow building in Calgary when there were a lot of vacancies and financing had seized up. Recently retired expensive financing so there is no liquidity problem. Have great properties. Has had a good run so if you own, consider shaving.