Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
August 2, 2013

Ranks in the top quarter of his database. Near-term earnings have been huge and are expected to be up significantly in the coming quarter. PE at 12X is interesting. Hopefully they use their cash to buy back stock or do some interesting things. Cash per share is significant at roughly $4.40. Looks like earnings growth is going to slow dramatically in 2014.

Sandisk Corp (SNDK-Q)
August 2, 2013

Ranks in the top quarter of his database. Near-term earnings have been huge and are expected to be up significantly in the coming quarter. PE at 12X is interesting. Hopefully they use their cash to buy back stock or do some interesting things. Cash per share is significant at roughly $4.40. Looks like earnings growth is going to slow dramatically in 2014.

Robert McWhirter
President, Selective Asset Management
Price
$58.300
Owned
No
COMMENT
COMMENT
August 2, 2013

Doing extremely well in the US. 4th quarter trailing free cash flow is 12%. Canadian telcos are not too keen on having someone with deep pockets coming to Canada. He thinks they will come.

Doing extremely well in the US. 4th quarter trailing free cash flow is 12%. Canadian telcos are not too keen on having someone with deep pockets coming to Canada. He thinks they will come.

Robert McWhirter
President, Selective Asset Management
Price
$50.250
Owned
No
TOP PICK
TOP PICK
August 2, 2013

Provides complete end to end high definition surveillance cameras, recording devices and monitoring. They can mix and match existing analog networks. Their products are better and less expensive than competitors. Distributors who sell the products end up making more commission. Earnings are expected to grow 75% both this year and next. Attractively priced.

Avigilon Corp (AVO-T)
August 2, 2013

Provides complete end to end high definition surveillance cameras, recording devices and monitoring. They can mix and match existing analog networks. Their products are better and less expensive than competitors. Distributors who sell the products end up making more commission. Earnings are expected to grow 75% both this year and next. Attractively priced.

Robert McWhirter
President, Selective Asset Management
Price
$18.610
Owned
Yes
TOP PICK
TOP PICK
August 2, 2013

Lost their phone contract with blackberry but a year ago they said they were moving away from designing and making of cell phones and were moving into the medical and aero spaces. The advantage is, it takes a long time to get into those industries but once you are in, you are there for 7-10 years. A free cash flow generating machine. Have $554 million in cash, 29% of the market cap of the company.

Celestica Inc (CLS-T)
August 2, 2013

Lost their phone contract with blackberry but a year ago they said they were moving away from designing and making of cell phones and were moving into the medical and aero spaces. The advantage is, it takes a long time to get into those industries but once you are in, you are there for 7-10 years. A free cash flow generating machine. Have $554 million in cash, 29% of the market cap of the company.

Robert McWhirter
President, Selective Asset Management
Price
$11.100
Owned
No
TOP PICK
TOP PICK
August 2, 2013

Mortgage company. They originate prime and insured mortgages via mortgage brokers. They use in-house underwriters to assess mortgage applications. As a result, their arrears in their portfolio are 20 basis points as compared to 32 basis points, which is the average. Appear to be on track for a 40% growth rate in the number of mortgages sold in 2013. Analysts forecast earnings to grow at 41% this year and 58% next year.

Mortgage company. They originate prime and insured mortgages via mortgage brokers. They use in-house underwriters to assess mortgage applications. As a result, their arrears in their portfolio are 20 basis points as compared to 32 basis points, which is the average. Appear to be on track for a 40% growth rate in the number of mortgages sold in 2013. Analysts forecast earnings to grow at 41% this year and 58% next year.

Robert McWhirter
President, Selective Asset Management
Price
$2.230
Owned
No