Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
April 17, 2012
He would love to buy a uranium company. Most of the uranium companies have debt loads that are too high for him. Those that have uranium in countries such as Russia always concern him about corruption. Also, the government could change the rules and say they want a bigger piece of the action.
He would love to buy a uranium company. Most of the uranium companies have debt loads that are too high for him. Those that have uranium in countries such as Russia always concern him about corruption. Also, the government could change the rules and say they want a bigger piece of the action.
Benj Gallander
President, Contra the Heard Investment Letter
Price
$3.000
Owned
No
COMMENT
COMMENT
April 17, 2012
Too big for his interests but feels that gasoline will be an integral part of the economy for many years. Surprised that it has such a low dividend.
Imperial Oil (IMO-T)
April 17, 2012
Too big for his interests but feels that gasoline will be an integral part of the economy for many years. Surprised that it has such a low dividend.
Benj Gallander
President, Contra the Heard Investment Letter
Price
$45.110
Owned
No
COMMENT
COMMENT
April 17, 2012
A small bank. It won't catch the public eye in the same way as the big banks. Doesn't know the financials well enough to know if there is a possibility of the dividends increasing. All the Canadian banks are too expensive for him.
A small bank. It won't catch the public eye in the same way as the big banks. Doesn't know the financials well enough to know if there is a possibility of the dividends increasing. All the Canadian banks are too expensive for him.
Benj Gallander
President, Contra the Heard Investment Letter
Price
$28.650
Owned
No
COMMENT
COMMENT
April 17, 2012
Has owned this for about 5 years but it has done nothing but go down. Lost money in 2009 but in the last 2 years they have done a great turnaround with about $30 billion in revenues. It is very diversified. If they regain their mojo, he can see the stock going to over $20. He could also see it as a takeover candidate.
Has owned this for about 5 years but it has done nothing but go down. Lost money in 2009 but in the last 2 years they have done a great turnaround with about $30 billion in revenues. It is very diversified. If they regain their mojo, he can see the stock going to over $20. He could also see it as a takeover candidate.
Benj Gallander
President, Contra the Heard Investment Letter
Price
$7.080
Owned
Yes
PAST TOP PICK
PAST TOP PICK
April 17, 2012
(A Top Pick April 25/11. Down 9.92%.) Plastic and metal fabrication in China and Macau. Selling for less than half book value. Over $20 million in the bank. No debt. A year ago, they lost $4 million in their quarterly earnings and this year lost $400,000. A real negative is that sales went down 31%. Usually when this happens, the company takes a huge bath. This didn't happen, which shows management is looking after their costs. Still likes. Remains on his Buy list.
(A Top Pick April 25/11. Down 9.92%.) Plastic and metal fabrication in China and Macau. Selling for less than half book value. Over $20 million in the bank. No debt. A year ago, they lost $4 million in their quarterly earnings and this year lost $400,000. A real negative is that sales went down 31%. Usually when this happens, the company takes a huge bath. This didn't happen, which shows management is looking after their costs. Still likes. Remains on his Buy list.
Benj Gallander
President, Contra the Heard Investment Letter
Price
$2.620
Owned
Yes
PAST TOP PICK
PAST TOP PICK
April 17, 2012
(A Top Pick April 25/11. Up 4.31%.) Small California regional bank. Pays a $.03 dividend every quarter. About 25 insiders have bought in the last 6 months. Was profitable every year during the recession. In 2011 they had more profits than any year since 2007. One negative is that they just about doubled their share count, which will hurt the upside.
(A Top Pick April 25/11. Up 4.31%.) Small California regional bank. Pays a $.03 dividend every quarter. About 25 insiders have bought in the last 6 months. Was profitable every year during the recession. In 2011 they had more profits than any year since 2007. One negative is that they just about doubled their share count, which will hurt the upside.
Benj Gallander
President, Contra the Heard Investment Letter
Price
$4.380
Owned
Yes
PAST TOP PICK
PAST TOP PICK
April 17, 2012
(A Top Pick April 1/11. Down 1.39%.) Went down quite a bit because it took a $7 million loss one quarter in the form of amortization and goodwill, not cash. They are in the traffic flow space. $1 million in debt and $20 million in cash.
Iteris Inc (ITI-Q)
April 17, 2012
(A Top Pick April 1/11. Down 1.39%.) Went down quite a bit because it took a $7 million loss one quarter in the form of amortization and goodwill, not cash. They are in the traffic flow space. $1 million in debt and $20 million in cash.
Benj Gallander
President, Contra the Heard Investment Letter
Price
$1.470
Owned
Yes