Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
March 3, 2011
Prefers Suncor (SU-T), which sells at a discount to this one. This one has always sold at a premium in the oil patch because of excellent management and excellent properties. Disappointing earnings today. Reserve increase was around 9% on proven and probable reserves but increased their dividend by 20%. Because of the premium you have to look at this as a long term hold.
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Prefers Suncor (SU-T), which sells at a discount to this one. This one has always sold at a premium in the oil patch because of excellent management and excellent properties. Disappointing earnings today. Reserve increase was around 9% on proven and probable reserves but increased their dividend by 20%. Because of the premium you have to look at this as a long term hold.
BUY
BUY
March 3, 2011
Longer term still has a good future. 4th quarter wasn’t quite what was expected but their finding and development costs were quite low. Announced a joint venture with Petro-China, which was a positive move.
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Encana Corp (ECA-T)
March 3, 2011
Longer term still has a good future. 4th quarter wasn’t quite what was expected but their finding and development costs were quite low. Announced a joint venture with Petro-China, which was a positive move.
BUY WEAKNESS
BUY WEAKNESS
March 3, 2011
Likes this one in the agriculture space. Purchase of the Australian company gives them seasonal and continental diversification. A leader in grain distribution and agriculture products that they produce. Could have a setback and if it did, he would add to his holdings.
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Viterra Inc (VT-T)
March 3, 2011
Likes this one in the agriculture space. Purchase of the Australian company gives them seasonal and continental diversification. A leader in grain distribution and agriculture products that they produce. Could have a setback and if it did, he would add to his holdings.
HOLD
HOLD
March 3, 2011
Their Prodoc (?) division is doing fairly well. Have always been a good, well run company in Quebec. Big mistake was going to the US. Still have a significant holding in Rite Aid.
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Their Prodoc (?) division is doing fairly well. Have always been a good, well run company in Quebec. Big mistake was going to the US. Still have a significant holding in Rite Aid.
TOP PICK
TOP PICK
March 3, 2011
Has lagged the other banks for the last couple of years because of problems in their US operations. They’re the major player in capital markets in Canada and when trading revenues do well, they do well.
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Royal Bank (RY-T)
March 3, 2011
Has lagged the other banks for the last couple of years because of problems in their US operations. They’re the major player in capital markets in Canada and when trading revenues do well, they do well.
TOP PICK
TOP PICK
March 3, 2011
Have global operations. One of the primary distributors of pulp food such as soy beans chickpeas, peas, etc. where there is a growing demand. Trading at a very reasonable multiple of about 10X forward earnings and he thinks they should earn around $2.90 in the next year and $3-$3.25 the following year.
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Have global operations. One of the primary distributors of pulp food such as soy beans chickpeas, peas, etc. where there is a growing demand. Trading at a very reasonable multiple of about 10X forward earnings and he thinks they should earn around $2.90 in the next year and $3-$3.25 the following year.
TOP PICK
TOP PICK
March 3, 2011
One of the more diversified engineering companies. Take on very little, if any, of the construction risks. Primarily North American.
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Stantec Inc (STN-T)
March 3, 2011
One of the more diversified engineering companies. Take on very little, if any, of the construction risks. Primarily North American.