Latest Expert Opinions

Signal
Opinion
Expert
WATCH
WATCH
July 29, 2014

This company had a good setback in the market. It had got up to about 4X Book, which is really, really expensive for them. They are now down to about 2X Book. It certainly has the potential to get back up to $45-$50. Watch to see if it breaks out technically.

Show full opinionHide full opinion
Wajax Corp (WJX-T)
July 29, 2014

This company had a good setback in the market. It had got up to about 4X Book, which is really, really expensive for them. They are now down to about 2X Book. It certainly has the potential to get back up to $45-$50. Watch to see if it breaks out technically.

BUY
BUY
July 29, 2014

The bad news is that the stock had moved back up to technical resistance in the $58-$59 area, before setting back down to another support level. Technically it has been walking upstairs steadily. The good news is that his Fair Market Value is well up over $100. He could see this getting as high as $80 on its current fundamentals.

Show full opinionHide full opinion

The bad news is that the stock had moved back up to technical resistance in the $58-$59 area, before setting back down to another support level. Technically it has been walking upstairs steadily. The good news is that his Fair Market Value is well up over $100. He could see this getting as high as $80 on its current fundamentals.

DON'T BUY
DON'T BUY
July 29, 2014

Possibility of Bell (BCE-T) taking over this company? His gut instinct says No in that the CRTC might not allow it. Looking at this company on its own merits, his Fair Market Value calculation is about $37-$38, about a 15% upside. When he buys a stock, he likes to see a lot of potential and 15% is not very much. There is a lot of overhead technical resistance at about $33.

Show full opinionHide full opinion

Possibility of Bell (BCE-T) taking over this company? His gut instinct says No in that the CRTC might not allow it. Looking at this company on its own merits, his Fair Market Value calculation is about $37-$38, about a 15% upside. When he buys a stock, he likes to see a lot of potential and 15% is not very much. There is a lot of overhead technical resistance at about $33.

COMMENT
COMMENT
July 29, 2014

Very cheap and is forming a nice bottom. The bad news is that until we get better bullion pricing, the stocks really can’t take off. If we do get better bullion pricing, these stocks will take off like a rocket.

Show full opinionHide full opinion
Kinross Gold (K-T)
July 29, 2014

Very cheap and is forming a nice bottom. The bad news is that until we get better bullion pricing, the stocks really can’t take off. If we do get better bullion pricing, these stocks will take off like a rocket.

COMMENT
COMMENT
July 29, 2014

Their 12 months earnings forecast going out was $2.15 and the dividend is $2.40, so coverage is sketchy. They need a great big increase in the earnings outlook in order to get going again. However, his Fair Market Value calculation is pretty good, even based on those rather depressing earnings. He had a target of $32 and even higher. There is a good possibility, if those earnings get some momentum behind them, you’ll get back up to the $32-$33 area, about 4X Book. This is typically where this company has peaked in the past.

Show full opinionHide full opinion
Norbord Inc. (OSB-N)
July 29, 2014

Their 12 months earnings forecast going out was $2.15 and the dividend is $2.40, so coverage is sketchy. They need a great big increase in the earnings outlook in order to get going again. However, his Fair Market Value calculation is pretty good, even based on those rather depressing earnings. He had a target of $32 and even higher. There is a good possibility, if those earnings get some momentum behind them, you’ll get back up to the $32-$33 area, about 4X Book. This is typically where this company has peaked in the past.

DON'T BUY
DON'T BUY
July 29, 2014

Had a spectacular run from 2009. Unfortunately it looks like that is pretty much everything the company is going to give you. His Fair Market Value calculation is $28, 15% lower than its current price. He would be looking at $18-$19 before entering.

Show full opinionHide full opinion

Had a spectacular run from 2009. Unfortunately it looks like that is pretty much everything the company is going to give you. His Fair Market Value calculation is $28, 15% lower than its current price. He would be looking at $18-$19 before entering.

COMMENT
COMMENT
July 29, 2014

Trading below Book Value. Currently trading right on the cusp of being in a condition of being rejected by the market, and being accepted by the market. If it can break through about $17-$18, the stock has a terrific run ahead of it.

Show full opinionHide full opinion

Trading below Book Value. Currently trading right on the cusp of being in a condition of being rejected by the market, and being accepted by the market. If it can break through about $17-$18, the stock has a terrific run ahead of it.