Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
October 1, 2010
Hasn’t really moved. Young fleet of 91 planes with about 4.5 years average age, all 737's. Well managed. Southwest Air has bought Air Tran, which is positive for the industry as he expects much more consolidation. Fundamentally cheap.
Westjet Airlines (WJA-T)
October 1, 2010
Hasn’t really moved. Young fleet of 91 planes with about 4.5 years average age, all 737's. Well managed. Southwest Air has bought Air Tran, which is positive for the industry as he expects much more consolidation. Fundamentally cheap.
Irwin Michael, B.Com, MBA
Portfolio Manager, ABC Funds
Price
$12.030
Owned
Yes
BUY
BUY
October 1, 2010
Disappointed the company did a financing it $1.70. An excellent balance sheet and didn't need the money but have pre-funded all of their major developments for the next year or two. Good management.
Disappointed the company did a financing it $1.70. An excellent balance sheet and didn't need the money but have pre-funded all of their major developments for the next year or two. Good management.
Irwin Michael, B.Com, MBA
Portfolio Manager, ABC Funds
Price
$2.070
Owned
Yes
COMMENT
COMMENT
October 1, 2010
Printing facility in Switzerland, which produces euro dollar, Swiss franc and passports. 2nd facility in Germany producing wallpaper. Purchased bankrupt pulp/paper mill and shifting production from MBHP pulp to dissolving pulp for manufacturing rayon, a cotton substitute. No longer a deep value play. Sold at quarter of his holdings. Still likes.
Printing facility in Switzerland, which produces euro dollar, Swiss franc and passports. 2nd facility in Germany producing wallpaper. Purchased bankrupt pulp/paper mill and shifting production from MBHP pulp to dissolving pulp for manufacturing rayon, a cotton substitute. No longer a deep value play. Sold at quarter of his holdings. Still likes.
Irwin Michael, B.Com, MBA
Portfolio Manager, ABC Funds
Price
$39.200
Owned
Yes
TOP PICK
TOP PICK
October 1, 2010
2nd largest cable operator in Ontario/Quebec corridor with some have facilities in Portugal. Comparing EV/EBITDA multiples to Rogers (RCI.B-T) they are almost 2 points lower and 10 to 15 points lower in penetration giving it a lot more potential. 1.5% dividend.
Cogeco Cable (CCA-T)
October 1, 2010
2nd largest cable operator in Ontario/Quebec corridor with some have facilities in Portugal. Comparing EV/EBITDA multiples to Rogers (RCI.B-T) they are almost 2 points lower and 10 to 15 points lower in penetration giving it a lot more potential. 1.5% dividend.
Irwin Michael, B.Com, MBA
Portfolio Manager, ABC Funds
Price
$36.510
Owned
Yes
TOP PICK
TOP PICK
October 1, 2010
Utility maintenance and drilling maintenance in the oil sands. Not widely followed. Excellent management. A lot of cash. Expect them to declare a dividend in the next 12 months.
Utility maintenance and drilling maintenance in the oil sands. Not widely followed. Excellent management. A lot of cash. Expect them to declare a dividend in the next 12 months.
Irwin Michael, B.Com, MBA
Portfolio Manager, ABC Funds
Price
$15.220
Owned
Yes
TOP PICK
TOP PICK
October 1, 2010
Contract mine driller with 70% being gold. Because of so many gold financing over the last while, they will have a lot of work to do. Debt-free. Has a lot of potential torque as gold mining picks up. Not widely followed and fundamentally very cheap.
Contract mine driller with 70% being gold. Because of so many gold financing over the last while, they will have a lot of work to do. Debt-free. Has a lot of potential torque as gold mining picks up. Not widely followed and fundamentally very cheap.
Irwin Michael, B.Com, MBA
Portfolio Manager, ABC Funds
Price
$3.500
Owned
Yes
PAST TOP PICK
PAST TOP PICK
October 1, 2010
(A Top Pick May 21/10. Down 4.36%.) Still likes.
Canam Group Inc. (CAM-T)
October 1, 2010
(A Top Pick May 21/10. Down 4.36%.) Still likes.
Irwin Michael, B.Com, MBA
Portfolio Manager, ABC Funds
Price
$7.840
Owned
Yes