Latest Expert Opinions

Signal
Opinion
Expert
HOLD
HOLD
May 12, 2014

Turnaround of the company started a couple of years ago when new management started to clean up the balance sheet and transition the company to something more focused. To that extent, they are making a lot of progress. For him, it is a little bit early as he thinks the market got ahead of itself in presuming it would be successful. Leverage is still pretty high. He is taking a wait-and-see attitude. As long as gas prices continue to run and the oil price stays high, they’ll probably make it through.

Turnaround of the company started a couple of years ago when new management started to clean up the balance sheet and transition the company to something more focused. To that extent, they are making a lot of progress. For him, it is a little bit early as he thinks the market got ahead of itself in presuming it would be successful. Leverage is still pretty high. He is taking a wait-and-see attitude. As long as gas prices continue to run and the oil price stays high, they’ll probably make it through.

Jim Huang
President, T.I.P. Wealth Management
Price
$7.270
Owned
No
COMMENT
COMMENT
May 12, 2014

Judging by some of the operating statistics they released, there is a chance this quarter will probably be a very good quarter. Fundamentally they have done very well over the last little while because of cutting costs, generating more fee revenues and managing better. A lot of volatility and not for the faint of heart.

Air Canada (AC-T)
May 12, 2014

Judging by some of the operating statistics they released, there is a chance this quarter will probably be a very good quarter. Fundamentally they have done very well over the last little while because of cutting costs, generating more fee revenues and managing better. A lot of volatility and not for the faint of heart.

Jim Huang
President, T.I.P. Wealth Management
Price
$7.970
Owned
No
COMMENT
COMMENT
May 12, 2014

Strong enough financial position to consider making an offer for the rail division of Alstom? Thinks it is somewhat unlikely. Will have to see what happens with Alstom regarding General Electric (GE-N) or Siemens (SI-N). He doesn’t think they need it except for small selective assets. The rail division has not been a problem. What has been an issue is their aerospace. However, if the C series is successful, it could be a big driver for them.

Strong enough financial position to consider making an offer for the rail division of Alstom? Thinks it is somewhat unlikely. Will have to see what happens with Alstom regarding General Electric (GE-N) or Siemens (SI-N). He doesn’t think they need it except for small selective assets. The rail division has not been a problem. What has been an issue is their aerospace. However, if the C series is successful, it could be a big driver for them.

Jim Huang
President, T.I.P. Wealth Management
Price
$4.150
Owned
No
PARTIAL SELL
PARTIAL SELL
May 12, 2014

Sell or Hold? You always want to know why you bought a stock. Did you buy because you thought copper prices would go up, or that the company maintained a conservative balance sheet or had exposure to zinc and some nickel? Regarding fundamentals, copper is probably neutral, but zinc and nickel are looking pretty good and the company has executed well. He would take some profit, but continue holding it as a core position until the cycle plays out.

Sell or Hold? You always want to know why you bought a stock. Did you buy because you thought copper prices would go up, or that the company maintained a conservative balance sheet or had exposure to zinc and some nickel? Regarding fundamentals, copper is probably neutral, but zinc and nickel are looking pretty good and the company has executed well. He would take some profit, but continue holding it as a core position until the cycle plays out.

Jim Huang
President, T.I.P. Wealth Management
Price
$5.840
Owned
No
COMMENT
COMMENT
May 12, 2014

$4-$5 by the end of the year? Depends on where gold prices go. This is one of the better exploration companies because of good exposure to Red Lake in a joint venture with Goldcorp (G-T) as well as exposure in Nevada. Good company and good management team. Does not think gold will trade out of the range of $1200-$1400 and thinks the stock is pretty well range bound.

$4-$5 by the end of the year? Depends on where gold prices go. This is one of the better exploration companies because of good exposure to Red Lake in a joint venture with Goldcorp (G-T) as well as exposure in Nevada. Good company and good management team. Does not think gold will trade out of the range of $1200-$1400 and thinks the stock is pretty well range bound.

Jim Huang
President, T.I.P. Wealth Management
Price
$2.070
Owned
Unknown
BUY
BUY
May 12, 2014

Had some high expenses from some recent acquisitions. Very well managed company. Theatre business is a very stagnant one these days, but this company has been very proactive in adding revenue streams that are not traditional such as hockey games, Opera, more concession revenues, advertising, etc. Trading at a pretty high multiple, but justifiably so. Pullbacks are an opportunity for you to Buy. Decent dividend of 3.6%.

Cineplex Inc (CGX-T)
May 12, 2014

Had some high expenses from some recent acquisitions. Very well managed company. Theatre business is a very stagnant one these days, but this company has been very proactive in adding revenue streams that are not traditional such as hockey games, Opera, more concession revenues, advertising, etc. Trading at a pretty high multiple, but justifiably so. Pullbacks are an opportunity for you to Buy. Decent dividend of 3.6%.

Jim Huang
President, T.I.P. Wealth Management
Price
$41.500
Owned
Unknown
COMMENT
COMMENT
May 12, 2014

Thought it would have pulled back after the quarter, which was a little bit mixed with weak subscriber numbers. Doesn’t know if this is a great entry point or not, but he likes the stock because it is one of the cheaper media plays in Canada. Wireless play and strong cable in Québec as well as some media business which they are trying to consolidate. Reasonably valued.

Thought it would have pulled back after the quarter, which was a little bit mixed with weak subscriber numbers. Doesn’t know if this is a great entry point or not, but he likes the stock because it is one of the cheaper media plays in Canada. Wireless play and strong cable in Québec as well as some media business which they are trying to consolidate. Reasonably valued.

Jim Huang
President, T.I.P. Wealth Management
Price
$26.240
Owned
Yes