Latest Expert Opinions

Signal
Opinion
Expert
TOP PICK
TOP PICK
February 6, 2013

(A Top Pick Feb 21/12. Down 31.15%.) Selling at relative modest multiples. Modest yield of 2.46%. Good production profile going forward in terms of increased production. Earning very good margins on production right now. Expects it to go up significantly in the next year or two.

Barrick Gold (ABX-T)
February 6, 2013

(A Top Pick Feb 21/12. Down 31.15%.) Selling at relative modest multiples. Modest yield of 2.46%. Good production profile going forward in terms of increased production. Earning very good margins on production right now. Expects it to go up significantly in the next year or two.

Michael Sprung
President, Sprung Investment Management
Price
$32.580
Owned
Yes
TOP PICK
TOP PICK
February 6, 2013

One of the higher dividend yields in the group at 4.6%. In terms of ROE, it is the most profitable in the group. You pay a slight premium to book for that but you are more than compensated for it in profitability. Potential for dividend increases is significant.

One of the higher dividend yields in the group at 4.6%. In terms of ROE, it is the most profitable in the group. You pay a slight premium to book for that but you are more than compensated for it in profitability. Potential for dividend increases is significant.

Michael Sprung
President, Sprung Investment Management
Price
$82.610
Owned
Yes
TOP PICK
TOP PICK
February 6, 2013

Expects to see significant production increases over the next number of years. Currently producing 250,000-300,000 barrels a day and should increase up to around 500,000 over the next few years. The big thing with them is their exposure to Foster Creek and Christina Lake SAGD projects.

Cenovus Energy (CVE-T)
February 6, 2013

Expects to see significant production increases over the next number of years. Currently producing 250,000-300,000 barrels a day and should increase up to around 500,000 over the next few years. The big thing with them is their exposure to Foster Creek and Christina Lake SAGD projects.

Michael Sprung
President, Sprung Investment Management
Price
$33.380
Owned
Yes
BUY
BUY
February 6, 2013

Thinks both this and High Liner (HLF-T) are both Buys but he prefers High Liner. This one has had a correction, but he thinks it goes higher.

Thinks both this and High Liner (HLF-T) are both Buys but he prefers High Liner. This one has had a correction, but he thinks it goes higher.

Jason Donville
President & CEO, Donville Kent Asset Management
Price
$4.540
Owned
Unknown
BUY
BUY
February 6, 2013

Likes this. A little bit on the unglamorous side right now because there is not a ton of organic growth but ROE is high. Building a cash base from which they can do further acquisitions. With all their return on capital, there is going to be one of 2 or 3 things that are going to happen. They will do an acquisition, buy back stocks or raise their dividends.

Open Text (OTEX-T)
February 6, 2013

Likes this. A little bit on the unglamorous side right now because there is not a ton of organic growth but ROE is high. Building a cash base from which they can do further acquisitions. With all their return on capital, there is going to be one of 2 or 3 things that are going to happen. They will do an acquisition, buy back stocks or raise their dividends.

Jason Donville
President & CEO, Donville Kent Asset Management
Price
$57.350
Owned
Yes
COMMENT
COMMENT
February 6, 2013

Above average quality company. Very well run. In terms of valuation, he would favour Home Capital (HCG-T) and Equitable Trust instead. If you purely want dividend and give up some of the growth, he would go with this one. 7% yield.

Above average quality company. Very well run. In terms of valuation, he would favour Home Capital (HCG-T) and Equitable Trust instead. If you purely want dividend and give up some of the growth, he would go with this one. 7% yield.

Jason Donville
President & CEO, Donville Kent Asset Management
Price
$18.300
Owned
Unknown
HOLD
HOLD
February 6, 2013

Starting to look at this one a little. Not a lot of assets, but the ROC is high. Screening well, which means others are also looking at this. Yield of 8.76%.

Automodular Corp. (AM.H-X)
February 6, 2013

Starting to look at this one a little. Not a lot of assets, but the ROC is high. Screening well, which means others are also looking at this. Yield of 8.76%.

Jason Donville
President & CEO, Donville Kent Asset Management
Price
$2.740
Owned
No