Latest Expert Opinions

Signal
Opinion
Expert
STRONG BUY
STRONG BUY
April 2, 2012
Specialty paper/chemical company, which makes pulp into rayon. Likes this lot. Stock has corrected because of market sentiment against commodity related stocks. Also, the company is a couple of quarters behind. Should be at 90% of production by the end of June. 2nd mill goes on line at the end of 2013. Low-cost producer. Reasonably good balance sheet. Trading at about 4-5 times expected earnings. Should free cash flow $6-$7 a share starting June 30. Worth $60-$70 and going to over $100 in the next 3 years.
Specialty paper/chemical company, which makes pulp into rayon. Likes this lot. Stock has corrected because of market sentiment against commodity related stocks. Also, the company is a couple of quarters behind. Should be at 90% of production by the end of June. 2nd mill goes on line at the end of 2013. Low-cost producer. Reasonably good balance sheet. Trading at about 4-5 times expected earnings. Should free cash flow $6-$7 a share starting June 30. Worth $60-$70 and going to over $100 in the next 3 years.
Randall Abramson
Co-founder, President and CEO, Chief Portfolio Mgr, Trapeze Asset Management
Price
$28.430
Owned
Unknown
COMMENT
COMMENT
April 2, 2012
Gold group has come off in the last month or 2 because 1) general correction in commodities and 2) higher costs. This one has had production delays, didn't meet expected guidance and a recent large issue to raise funds. Looks like they are bottoming out. Golds should start going up again.
Gold group has come off in the last month or 2 because 1) general correction in commodities and 2) higher costs. This one has had production delays, didn't meet expected guidance and a recent large issue to raise funds. Looks like they are bottoming out. Golds should start going up again.
Randall Abramson
Co-founder, President and CEO, Chief Portfolio Mgr, Trapeze Asset Management
Price
$1.160
Owned
Unknown
STRONG BUY
STRONG BUY
April 2, 2012
Next-door neighbour to Lake Shore Gold (LSG-T). One of his largest positions. Had some operational issues last year where costs went up higher than expected and production was lower than expected. Now back on track. Making a very good profit margin. Should do $.12-$.14 in earnings this year and going higher next year.
Next-door neighbour to Lake Shore Gold (LSG-T). One of his largest positions. Had some operational issues last year where costs went up higher than expected and production was lower than expected. Now back on track. Making a very good profit margin. Should do $.12-$.14 in earnings this year and going higher next year.
Randall Abramson
Co-founder, President and CEO, Chief Portfolio Mgr, Trapeze Asset Management
Price
$0.495
Owned
Yes
BUY
BUY
April 2, 2012
The whole group has come off because a) oil has come off a little and b) the fear factor of a soft landing in China escalating into a hard landing. There is currently a very tight market.
The whole group has come off because a) oil has come off a little and b) the fear factor of a soft landing in China escalating into a hard landing. There is currently a very tight market.
Randall Abramson
Co-founder, President and CEO, Chief Portfolio Mgr, Trapeze Asset Management
Price
$33.200
Owned
No
COMMENT
COMMENT
April 2, 2012
They are cleaning up. Liked the recent announcement of a cleanup of the systems. Doesn't seem to be acting any different than other big grocery chains in North America. With low inflation, it is difficult for grocers to make headway. Looks like competition is growing.
They are cleaning up. Liked the recent announcement of a cleanup of the systems. Doesn't seem to be acting any different than other big grocery chains in North America. With low inflation, it is difficult for grocers to make headway. Looks like competition is growing.
Randall Abramson
Co-founder, President and CEO, Chief Portfolio Mgr, Trapeze Asset Management
Price
$34.260
Owned
No
PAST TOP PICK
PAST TOP PICK
April 2, 2012
(A Top Pick Dec 8/11. Down 57.57%.) Still likes. Very cheap. Has been hurt because of the atrocious gas prices. Have 3 significant plays, one gas and 2 potential oils. Expect they will have a partner for some of these.
(A Top Pick Dec 8/11. Down 57.57%.) Still likes. Very cheap. Has been hurt because of the atrocious gas prices. Have 3 significant plays, one gas and 2 potential oils. Expect they will have a partner for some of these.
Randall Abramson
Co-founder, President and CEO, Chief Portfolio Mgr, Trapeze Asset Management
Price
$0.880
Owned
Yes
PAST TOP PICK
PAST TOP PICK
April 2, 2012
(A Top Pick Dec 8/11. Up 7.06%.)
(A Top Pick Dec 8/11. Up 7.06%.)
Randall Abramson
Co-founder, President and CEO, Chief Portfolio Mgr, Trapeze Asset Management
Price
$16.770
Owned
Unknown