Latest Expert Opinions

Signal
Opinion
Expert
SELL
SELL
August 23, 2012

Rode it down during the scandal. He exited in the spring. Feels there will be a continuing overhang due to RCMP investigation. Potential to be dragged through the mud in the Quebec investigation. Better opportunities out there.

Rode it down during the scandal. He exited in the spring. Feels there will be a continuing overhang due to RCMP investigation. Potential to be dragged through the mud in the Quebec investigation. Better opportunities out there.

Kevin Hall BComm, CFA
Managing Director, Guardian Capital
Price
$36.670
Owned
No
BUY
BUY
August 23, 2012

Market is expecting further stimulus to come through. Came out with a pretty tough Q2. A lot of these stocks are looking at focusing on return on investment, earnings per share growth, share growth. They highlighted this on their conference call. Continue to like it.

Barrick Gold (ABX-T)
August 23, 2012

Market is expecting further stimulus to come through. Came out with a pretty tough Q2. A lot of these stocks are looking at focusing on return on investment, earnings per share growth, share growth. They highlighted this on their conference call. Continue to like it.

Kevin Hall BComm, CFA
Managing Director, Guardian Capital
Price
$37.870
Owned
Yes
HOLD
HOLD
August 23, 2012

Dividend is safe. Cut within the last couple of months. Market was indicating the cut was necessary but stock has rallied back. You missed it to potentially capture the upside. They are improving the balance sheet. They are moving things in the right direction.

Enerplus Corp (ERF-T)
August 23, 2012

Dividend is safe. Cut within the last couple of months. Market was indicating the cut was necessary but stock has rallied back. You missed it to potentially capture the upside. They are improving the balance sheet. They are moving things in the right direction.

Kevin Hall BComm, CFA
Managing Director, Guardian Capital
Price
$15.740
Owned
Unknown
DON'T BUY
DON'T BUY
August 23, 2012

Sold it earlier this year. Prefers Pembina and Altagas. Pipeline is steady revenue stream but coming to the end of its contract period. Lots of softness in Nat Gas liquids pricing. They make a lot of money in price spreads between liquid and non-liquids. That has been reducing recently.

Veresen Inc (VSN-T)
August 23, 2012

Sold it earlier this year. Prefers Pembina and Altagas. Pipeline is steady revenue stream but coming to the end of its contract period. Lots of softness in Nat Gas liquids pricing. They make a lot of money in price spreads between liquid and non-liquids. That has been reducing recently.

Kevin Hall BComm, CFA
Managing Director, Guardian Capital
Price
$13.170
Owned
No
SELL
SELL
August 23, 2012

Not aware of any proposed change to structure. Caller said it was becoming closed end. He thinks it is at the lower end of the quality end of the space. Issued a lot of equity over the last year or so. Would prefer a Canadian REIT. Better than the growth-by-acquisition model.

Not aware of any proposed change to structure. Caller said it was becoming closed end. He thinks it is at the lower end of the quality end of the space. Issued a lot of equity over the last year or so. Would prefer a Canadian REIT. Better than the growth-by-acquisition model.

Kevin Hall BComm, CFA
Managing Director, Guardian Capital
Price
$16.920
Owned
No
DON'T BUY
DON'T BUY
August 23, 2012

Better names within the higher yield energy space. Good management team. Transitioning business over last couple of years. Trying to re-position and transition business. Prefers other names.

Pengrowth Energy (PGF-T)
August 23, 2012

Better names within the higher yield energy space. Good management team. Transitioning business over last couple of years. Trying to re-position and transition business. Prefers other names.

Kevin Hall BComm, CFA
Managing Director, Guardian Capital
Price
$7.010
Owned
No
HOLD
HOLD
August 23, 2012

More of a defensive play. Added based on geographic positioning and insulation from competition. Out performed the group. Potential divestiture of Allstream, which has been a lousy part of their business. On a take-out there is still some upside. Market is starting to price some of that in.

More of a defensive play. Added based on geographic positioning and insulation from competition. Out performed the group. Potential divestiture of Allstream, which has been a lousy part of their business. On a take-out there is still some upside. Market is starting to price some of that in.

Kevin Hall BComm, CFA
Managing Director, Guardian Capital
Price
$34.390
Owned
Yes