Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
August 7, 2014

He likes it. Met with management last week and thinks it is a great long term hold. Largest non-bank company in Canada. They got hit unfairly hard in 2008 and if there is a correction in the markets now, it could take it on the chin again this time. Their guidance was between 13-18%, so he thinks it is a great long term hold. It is pretty fairly valued right now, which is one of his issues with it.

He likes it. Met with management last week and thinks it is a great long term hold. Largest non-bank company in Canada. They got hit unfairly hard in 2008 and if there is a correction in the markets now, it could take it on the chin again this time. Their guidance was between 13-18%, so he thinks it is a great long term hold. It is pretty fairly valued right now, which is one of his issues with it.

Jerome Hass
Portfolio Manager, Lightwater Partners
Price
$55.060
Owned
No
BUY
BUY
August 7, 2014

Non-bank lender. In operation over 5 years and now that 5 year mortgages are renewing they are getting an increase in profits. They are down vs. HCG-T. He might short HCG against CXS-T.

Non-bank lender. In operation over 5 years and now that 5 year mortgages are renewing they are getting an increase in profits. They are down vs. HCG-T. He might short HCG against CXS-T.

Jerome Hass
Portfolio Manager, Lightwater Partners
Price
$1.880
Owned
Yes
DON'T BUY
DON'T BUY
August 7, 2014

Primarily held by retail investors. One of his largest short positions. 60% of revenues come from servicing AT&T towers. Another business is related to airlines. He is not excited about either one. Contacts are coming up for renewal in September and they are not profitable. He calls this an absolute short because he thinks it will go down regardless of whether the market goes up or down. Does not think the dividend is safe.

Exchange Income (EIF-T)
August 7, 2014

Primarily held by retail investors. One of his largest short positions. 60% of revenues come from servicing AT&T towers. Another business is related to airlines. He is not excited about either one. Contacts are coming up for renewal in September and they are not profitable. He calls this an absolute short because he thinks it will go down regardless of whether the market goes up or down. Does not think the dividend is safe.

Jerome Hass
Portfolio Manager, Lightwater Partners
Price
$16.800
Owned
Yes
DON'T BUY
DON'T BUY
August 7, 2014

Trading near 52 week low. Last two quarters were tough for the company. The street doubts the ability of the CEO. He is in it for the long haul.

Trading near 52 week low. Last two quarters were tough for the company. The street doubts the ability of the CEO. He is in it for the long haul.

Jerome Hass
Portfolio Manager, Lightwater Partners
Price
$5.650
Owned
Yes
BUY
BUY
August 7, 2014

Likes the management team. Industrial REIT. This is the growth vehicle for the former CEO of Dundee REIT. Thinks they will make individual acquisitions rather than buying a complete portfolio. They are waiting until they get to $100 Million in portfolio size before paying a dividend.

Likes the management team. Industrial REIT. This is the growth vehicle for the former CEO of Dundee REIT. Thinks they will make individual acquisitions rather than buying a complete portfolio. They are waiting until they get to $100 Million in portfolio size before paying a dividend.

Jerome Hass
Portfolio Manager, Lightwater Partners
Price
$0.190
Owned
Unknown
BUY
BUY
August 7, 2014

Over night the Mexican government has changed rules to let foreign companies explore in that country. This is a great opportunity for the majors. This company surveys from the air in consulting for the majors.

Over night the Mexican government has changed rules to let foreign companies explore in that country. This is a great opportunity for the majors. This company surveys from the air in consulting for the majors.

Jerome Hass
Portfolio Manager, Lightwater Partners
Price
$1.640
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
August 7, 2014

(Top Pick Jul 16/13, Up 65.82%) He recently added and continues to like the name. Still a buy in his books. They did a cash acquisition of a competitor and improved their margins. Thinks they are having a very good quarter. Thinks there are good prospects going forward.

(Top Pick Jul 16/13, Up 65.82%) He recently added and continues to like the name. Still a buy in his books. They did a cash acquisition of a competitor and improved their margins. Thinks they are having a very good quarter. Thinks there are good prospects going forward.

Jerome Hass
Portfolio Manager, Lightwater Partners
Price
$13.000
Owned
Yes