Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
August 28, 2012

Good business and all of the markets they operate in are performing well and have growth opportunities. Bug Finning has had a number of challenges and it has nothing to do with CAT equipment, but more to do with their operations. Revenues are growing and backlog is up 6% so it is doing well but investors are focusing on the cost line. If they can get them under control then investors will reward them with north of $30 for the stock price. Prefers to Caterpillar.

Finning Int (FTT-T)
August 28, 2012

Good business and all of the markets they operate in are performing well and have growth opportunities. Bug Finning has had a number of challenges and it has nothing to do with CAT equipment, but more to do with their operations. Revenues are growing and backlog is up 6% so it is doing well but investors are focusing on the cost line. If they can get them under control then investors will reward them with north of $30 for the stock price. Prefers to Caterpillar.

Andrew Hamlin
VP & Portfolio Manager, Aston Hill Financial
Price
$23.720
Owned
No
BUY
BUY
August 28, 2012

Most banks reporting on Thursday. This is one of the better banks out there. Good loan growth and cost control. Would not be surprised to see a dividend increase on Thursday. Expects good, solid results. Continues to like it.

Toronto Dominion (TD-T)
August 28, 2012

Most banks reporting on Thursday. This is one of the better banks out there. Good loan growth and cost control. Would not be surprised to see a dividend increase on Thursday. Expects good, solid results. Continues to like it.

Andrew Hamlin
VP & Portfolio Manager, Aston Hill Financial
Price
$81.070
Owned
Yes
BUY
BUY
August 28, 2012

Thinks they will increase dividend this week. Payout is within the range here. Is concerned about the very little international loan growth.

Thinks they will increase dividend this week. Payout is within the range here. Is concerned about the very little international loan growth.

Andrew Hamlin
VP & Portfolio Manager, Aston Hill Financial
Price
$76.020
Owned
Unknown
BUY
BUY
August 28, 2012

Steel distribution company. Exposure to several industries, including oil and gas drilling (pipe supply). Has done a very good job of getting inventory management under control; working capital is down. Bond issue cleared up need for capital and there is room for dividends (5.6%) to increase. Health dividend that will grow over time.

Russel Metals (RUS-T)
August 28, 2012

Steel distribution company. Exposure to several industries, including oil and gas drilling (pipe supply). Has done a very good job of getting inventory management under control; working capital is down. Bond issue cleared up need for capital and there is room for dividends (5.6%) to increase. Health dividend that will grow over time.

Andrew Hamlin
VP & Portfolio Manager, Aston Hill Financial
Price
$24.820
Owned
Yes
BUY
BUY
August 28, 2012

A lot of investors look at them with the one banks with international growth opportunities. This week’s result showed international was a bit weak. Dividend increase should bode well for investors but they have bumped up close to his target payout ration. The international exposure is key when you look at Canadian banks.

A lot of investors look at them with the one banks with international growth opportunities. This week’s result showed international was a bit weak. Dividend increase should bode well for investors but they have bumped up close to his target payout ration. The international exposure is key when you look at Canadian banks.

Andrew Hamlin
VP & Portfolio Manager, Aston Hill Financial
Price
$52.900
Owned
Unknown
WEAK BUY
WEAK BUY
August 28, 2012

Doesn’t know if airlines are ever safe. This is the old Jazz income fund. A regional airline does spit out a lot of cash flow. Investors were rewarded with consistent income stream. 20% yield on an airline is unusual. Investors are saying ‘how can they continue to payout such a large dividend.’ Contract with Air Canada will be renegotiated later this year.

Doesn’t know if airlines are ever safe. This is the old Jazz income fund. A regional airline does spit out a lot of cash flow. Investors were rewarded with consistent income stream. 20% yield on an airline is unusual. Investors are saying ‘how can they continue to payout such a large dividend.’ Contract with Air Canada will be renegotiated later this year.

Andrew Hamlin
VP & Portfolio Manager, Aston Hill Financial
Price
$3.660
Owned
No
WEAK BUY
WEAK BUY
August 28, 2012

Pretty mature business. Wire line in Easter Canada. Payout ratio is pretty lofty. Company is doing Cap-X and have to find a balance between a big dividend and Cap-X expenditures. He is cautious on the dividend.

Bell Aliant (BA-T)
August 28, 2012

Pretty mature business. Wire line in Easter Canada. Payout ratio is pretty lofty. Company is doing Cap-X and have to find a balance between a big dividend and Cap-X expenditures. He is cautious on the dividend.

Andrew Hamlin
VP & Portfolio Manager, Aston Hill Financial
Price
$26.330
Owned
No