Latest Expert Opinions

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
September 28, 2010
In an industry that soon won't exist anymore. Turn into an Internet company but not sure they can be successful. Doesn't like the trust units, but owns Reset Preferred Shares instead.
Yellow Media Inc (Y-T)
September 28, 2010
In an industry that soon won't exist anymore. Turn into an Internet company but not sure they can be successful. Doesn't like the trust units, but owns Reset Preferred Shares instead.
David Baskin
President, Baskin Wealth Management
Price
$5.510
Owned
Yes
COMMENT
COMMENT
September 28, 2010
Real estate holding company and is very cheap. Assets are worth at least $70-$80 a share but has very little volume action. Would like controlling group to take it private, which would give it a catalyst to release the value.
Morguard Corporation (MRC-T)
September 28, 2010
Real estate holding company and is very cheap. Assets are worth at least $70-$80 a share but has very little volume action. Would like controlling group to take it private, which would give it a catalyst to release the value.
David Baskin
President, Baskin Wealth Management
Price
$42.860
Owned
Yes
BUY
BUY
September 28, 2010
Canadian banks are fully valued and may be incorporating dividend increases everyone is anticipating late this year or early 2011. Useful right now for protecting capital and giving yield (compared to government bonds).
Royal Bank (RY-T)
September 28, 2010
Canadian banks are fully valued and may be incorporating dividend increases everyone is anticipating late this year or early 2011. Useful right now for protecting capital and giving yield (compared to government bonds).
David Baskin
President, Baskin Wealth Management
Price
$53.240
Owned
Unknown
COMMENT
COMMENT
September 28, 2010
Stumbled with its financial product and because it is so broadly exposed to US industry, it took a hit. Has some terrific businesses including turbines, jet engines, etc.
General Electric (GE-N)
September 28, 2010
Stumbled with its financial product and because it is so broadly exposed to US industry, it took a hit. Has some terrific businesses including turbines, jet engines, etc.
David Baskin
President, Baskin Wealth Management
Price
$16.440
Owned
No
COMMENT
COMMENT
September 28, 2010
If the price of gold is sustainable, the current price is too cheap. Doesn't have hedges in place anymore. If you are a gold believer, this is inexpensive.
Barrick Gold (ABX-T)
September 28, 2010
If the price of gold is sustainable, the current price is too cheap. Doesn't have hedges in place anymore. If you are a gold believer, this is inexpensive.
David Baskin
President, Baskin Wealth Management
Price
$48.260
Owned
Yes
COMMENT
COMMENT
September 28, 2010
Eventually income trusts’ distributions are unsustainable unless they have enough tax shelter to cover income. In this case, do they have enough real estate depreciation? He feels probably not. Dividend will probably be lower than distributions in 2011-2012.
Alcanna (CLIQ-T)
September 28, 2010
Eventually income trusts’ distributions are unsustainable unless they have enough tax shelter to cover income. In this case, do they have enough real estate depreciation? He feels probably not. Dividend will probably be lower than distributions in 2011-2012.
David Baskin
President, Baskin Wealth Management
Price
$15.800
Owned
No
BUY
BUY
September 28, 2010
Believes in the oil sands in general. Angst in the US will disappear after the November election. (See Top Picks.)
Canadian Oil Sands (COS-T)
September 28, 2010
Believes in the oil sands in general. Angst in the US will disappear after the November election. (See Top Picks.)
David Baskin
President, Baskin Wealth Management
Price
$24.650
Owned
Unknown