Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
July 28, 2014

Their biggest holding in Europe is a European bank, which had a part stumble recently. Also, have Great West Life (GWO-T). He would not be tempted to buy in at this level. If you can get it in the low $30’s, you would be getting a good deal. Thinks earnings are going to be in the neighbourhood of $3 this year, and maybe growing to $3.30 next year. ROE is around 14%. Trading at Fair Value.

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Their biggest holding in Europe is a European bank, which had a part stumble recently. Also, have Great West Life (GWO-T). He would not be tempted to buy in at this level. If you can get it in the low $30’s, you would be getting a good deal. Thinks earnings are going to be in the neighbourhood of $3 this year, and maybe growing to $3.30 next year. ROE is around 14%. Trading at Fair Value.

COMMENT
COMMENT
July 28, 2014

This along with Eagle Energy Trust (EGL.UN-T) and Parallel Energy Trust (PLT.UN-T) are Canadian trusts that have operations in the US, mostly in Texas. This one and Parallel had big stumbles lately which pulled down Eagle a little. People are concerned a little bit about the dividends in all 3 cases. Yield of 8.5%.

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This along with Eagle Energy Trust (EGL.UN-T) and Parallel Energy Trust (PLT.UN-T) are Canadian trusts that have operations in the US, mostly in Texas. This one and Parallel had big stumbles lately which pulled down Eagle a little. People are concerned a little bit about the dividends in all 3 cases. Yield of 8.5%.

COMMENT
COMMENT
July 28, 2014

Have a lot of respect for Prem Watsa and this company. He is certainly a value oriented investor. This is an insurance company, so he would really like to see them have a better combined ratio. The lines of insurance they are participating in can be quite volatile. If you are a very long-term investor, you could consider stepping in. Well-managed. Dividend yield of about 2%.

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Have a lot of respect for Prem Watsa and this company. He is certainly a value oriented investor. This is an insurance company, so he would really like to see them have a better combined ratio. The lines of insurance they are participating in can be quite volatile. If you are a very long-term investor, you could consider stepping in. Well-managed. Dividend yield of about 2%.