Latest Expert Opinions

Signal
Opinion
Expert
TOP PICK
TOP PICK
October 13, 2010
4.079% bond due Aug 20/15. Raised a lot of capital and too big to fail. Come under a lot of pressure because of their MCCSR ratios and market has punished them. Very sensitive to interest-rate and equity market moves. If nothing happens economically, you get paid your coupon and get your money back.
Manulife Financial (MFC-T)
October 13, 2010
4.079% bond due Aug 20/15. Raised a lot of capital and too big to fail. Come under a lot of pressure because of their MCCSR ratios and market has punished them. Very sensitive to interest-rate and equity market moves. If nothing happens economically, you get paid your coupon and get your money back.
Mark Wisniewski
VP & Portfolio Manager, Gluskin Sheff and Associates
Price
$12.450
Owned
Yes
TOP PICK
TOP PICK
October 13, 2010
7.5% bond due Aug 19/19. One of the largest P & C operators in Canada with the significant presence in the US. $1 billion in net debt and $5.5 billion in receipts (?).
Fairfax Financial (FFH-T)
October 13, 2010
7.5% bond due Aug 19/19. One of the largest P & C operators in Canada with the significant presence in the US. $1 billion in net debt and $5.5 billion in receipts (?).
Mark Wisniewski
VP & Portfolio Manager, Gluskin Sheff and Associates
Price
$415.100
Owned
Yes
TOP PICK
TOP PICK
October 13, 2010
6.132% bond due Nov 30/16. Have one of the biggest energy assets. Pre-sell 70% of what they produce. Well run. BBB security, which is in investment grade.
6.132% bond due Nov 30/16. Have one of the biggest energy assets. Pre-sell 70% of what they produce. Well run. BBB security, which is in investment grade.
Mark Wisniewski
VP & Portfolio Manager, Gluskin Sheff and Associates
Price
$22.230
Owned
Yes
PAST TOP PICK
PAST TOP PICK
October 13, 2010
(A Top Pick Aug 12/09. Up 11.85%.) Still a buy.
(A Top Pick Aug 12/09. Up 11.85%.) Still a buy.
Mark Wisniewski
VP & Portfolio Manager, Gluskin Sheff and Associates
Price
$38.730
Owned
Yes
PAST TOP PICK
PAST TOP PICK
October 13, 2010
(A Top Pick Aug 12/09. Up 10.46%.) Still a buy.
(A Top Pick Aug 12/09. Up 10.46%.) Still a buy.
Mark Wisniewski
VP & Portfolio Manager, Gluskin Sheff and Associates
Price
$22.420
Owned
Yes
PAST TOP PICK
PAST TOP PICK
October 13, 2010
(A Top Pick Aug 12/09. Up 8.86%.) Still a buy.
Great West Lifeco (GWO-T)
October 13, 2010
(A Top Pick Aug 12/09. Up 8.86%.) Still a buy.
Mark Wisniewski
VP & Portfolio Manager, Gluskin Sheff and Associates
Price
$25.340
Owned
Yes
SELL
SELL
October 13, 2010
2024 10% strip bonds. Given that interest rates have come down significantly, there has been a massive capital appreciation in this. Expect interest rates have put in a bottom here, particularly in the longer end, so consider taking profits.
BCE Inc. (BCE-T)
October 13, 2010
2024 10% strip bonds. Given that interest rates have come down significantly, there has been a massive capital appreciation in this. Expect interest rates have put in a bottom here, particularly in the longer end, so consider taking profits.
George Young
VP and Assoc Portfolio Manager, Gluskin Scheff
Price
$33.900
Owned
No