Latest Expert Opinions

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
May 7, 2014

(A Top Pick April 3/13. Up 230.67%.) Has been a great story. Growing through acquisitions of dealerships. Good CEO. Have a head start on anybody else in Canada. Still likes it.

(A Top Pick April 3/13. Up 230.67%.) Has been a great story. Growing through acquisitions of dealerships. Good CEO. Have a head start on anybody else in Canada. Still likes it.

Peter Imhof
Vice President & Portfolio Manager, AGF Investments Inc
Price
$69.120
Owned
Yes
PAST TOP PICK
PAST TOP PICK
May 7, 2014

(A Top Pick April 3/13. Up 20.12%.) This was taken out by private equity.

(A Top Pick April 3/13. Up 20.12%.) This was taken out by private equity.

Peter Imhof
Vice President & Portfolio Manager, AGF Investments Inc
Price
$19.990
Owned
No
PAST TOP PICK
PAST TOP PICK
May 7, 2014

(A Top Pick April 3/13. Down 7.14%.) It has been a tough environment for this company. They put themselves up for strategic review and the stock has had a bit of a move over the last little while.

(A Top Pick April 3/13. Down 7.14%.) It has been a tough environment for this company. They put themselves up for strategic review and the stock has had a bit of a move over the last little while.

Peter Imhof
Vice President & Portfolio Manager, AGF Investments Inc
Price
$3.600
Owned
No
TOP PICK
TOP PICK
May 7, 2014

Have done a very good job in terms of growing production. Went from 1900 BOEs to 2200 and, this year, have got to 3400 per day. Feels they are going to be higher than that and next year will probably be 4000. Cash flows have gone from $0.12 to $0.19 and are expected to do $0.30-$0.31 this year. Trading at a fairly low multiple of about 4X cash flow. Costs per well have gone down dramatically, about 40%, since 2011. Good operators. Have some interesting land positions between Sinopec (SHI-N) and Vermilion (VET-T) who are drilling up some of the prospects up right now. Expects there will be some results by the summer. If results come through, analysts have been throwing around that it could be up to $1 per share for this company.

Have done a very good job in terms of growing production. Went from 1900 BOEs to 2200 and, this year, have got to 3400 per day. Feels they are going to be higher than that and next year will probably be 4000. Cash flows have gone from $0.12 to $0.19 and are expected to do $0.30-$0.31 this year. Trading at a fairly low multiple of about 4X cash flow. Costs per well have gone down dramatically, about 40%, since 2011. Good operators. Have some interesting land positions between Sinopec (SHI-N) and Vermilion (VET-T) who are drilling up some of the prospects up right now. Expects there will be some results by the summer. If results come through, analysts have been throwing around that it could be up to $1 per share for this company.

Peter Imhof
Vice President & Portfolio Manager, AGF Investments Inc
Price
$1.320
Owned
Yes
TOP PICK
TOP PICK
May 7, 2014

Continues to grow earnings 15%-20% per annum. Trading at about 11.5-12 times trailing earnings and they continue to increase the dividend. Their loan to value on their homes is about 68%. Although housing prices have moved up quite a bit in Canada, they have a lot of leeway. There were a lot of US hedge funds that were shorting the stock last year because they didn’t understand it. Reporting tonight and he expects it to be a record quarter. Yield of 1.32%.

Continues to grow earnings 15%-20% per annum. Trading at about 11.5-12 times trailing earnings and they continue to increase the dividend. Their loan to value on their homes is about 68%. Although housing prices have moved up quite a bit in Canada, they have a lot of leeway. There were a lot of US hedge funds that were shorting the stock last year because they didn’t understand it. Reporting tonight and he expects it to be a record quarter. Yield of 1.32%.

Peter Imhof
Vice President & Portfolio Manager, AGF Investments Inc
Price
$48.770
Owned
Yes
TOP PICK
TOP PICK
May 7, 2014

Cheque processing electronically and are in bed with the top 4 banks in the US and he is starting to see more and more traction with those banks. Just reported and their earnings were up about 200%. New management came in about 3 years ago and really turned things around. Generated a significant amount of free cash flow over the past few years. Trading at a low multiple. Expects they will earn $0.13 this year. They have $1 a share in cash. Yield of 1.43%.

Cheque processing electronically and are in bed with the top 4 banks in the US and he is starting to see more and more traction with those banks. Just reported and their earnings were up about 200%. New management came in about 3 years ago and really turned things around. Generated a significant amount of free cash flow over the past few years. Trading at a low multiple. Expects they will earn $0.13 this year. They have $1 a share in cash. Yield of 1.43%.

Peter Imhof
Vice President & Portfolio Manager, AGF Investments Inc
Price
$2.960
Owned
Yes
HOLD
HOLD
May 7, 2014

Owns a small portion of this. Considers this as a small, mini Badger (BAD-T). Hasn’t done very well, but is starting to do a little better over the last couple of months. Originally they were going to build a hydrovac company similar to Badger. Raised some money, but the last couple of quarters have not been very good where Badger has come out with excellent earnings each quarter.

Owns a small portion of this. Considers this as a small, mini Badger (BAD-T). Hasn’t done very well, but is starting to do a little better over the last couple of months. Originally they were going to build a hydrovac company similar to Badger. Raised some money, but the last couple of quarters have not been very good where Badger has come out with excellent earnings each quarter.

Peter Imhof
Vice President & Portfolio Manager, AGF Investments Inc
Price
$3.200
Owned
Yes