Latest Expert Opinions

Signal
Opinion
Expert
SELL
SELL
February 1, 2016

Is the 7.35% 2026 bond safe? This is not safe. There are so many bonds that this company has issued that will mature before this one does. A lot of things that are going to happen to this company. It has been propped up by governments for a long time. It is pretty safe to say that bondholders will take a haircut of some kind, before this thing is resolved.

Is the 7.35% 2026 bond safe? This is not safe. There are so many bonds that this company has issued that will mature before this one does. A lot of things that are going to happen to this company. It has been propped up by governments for a long time. It is pretty safe to say that bondholders will take a haircut of some kind, before this thing is resolved.

Hank Cunningham
Fixed Income Strategist, Odlum Brown Limited
Price
$0.960
Owned
Unknown
DON'T BUY
DON'T BUY
February 1, 2016

This is only a fund of funds. All it does is invest in other ETF’s. He doesn’t see any upside in these.

This is only a fund of funds. All it does is invest in other ETF’s. He doesn’t see any upside in these.

Hank Cunningham
Fixed Income Strategist, Odlum Brown Limited
Price
$10.360
Owned
Unknown
BUY
BUY
February 1, 2016

A safe way to play the fixed income side of a portfolio. This company roams the world looking for opportunities in the fixed income market. It has produced very good long-term returns, and he would recommend it.

A safe way to play the fixed income side of a portfolio. This company roams the world looking for opportunities in the fixed income market. It has produced very good long-term returns, and he would recommend it.

Hank Cunningham
Fixed Income Strategist, Odlum Brown Limited
Price
$19.970
Owned
Unknown
TOP PICK
TOP PICK
February 1, 2016

6.4% bond maturing Nov 18/19 at $96. The yield to maturity is 7.63%, which is still an investment grade bond. It was rated as a BBB minus, but Moody’s downgraded it to one notch below investment grade late last year, and their bonds have fallen by about 15 points. They have 2 bonds maturing between now and 2019. Their forecasts are for about $1 billion in EBITDA in the next 2 years.

Transalta Corp (TA-T)
February 1, 2016

6.4% bond maturing Nov 18/19 at $96. The yield to maturity is 7.63%, which is still an investment grade bond. It was rated as a BBB minus, but Moody’s downgraded it to one notch below investment grade late last year, and their bonds have fallen by about 15 points. They have 2 bonds maturing between now and 2019. Their forecasts are for about $1 billion in EBITDA in the next 2 years.

Hank Cunningham
Fixed Income Strategist, Odlum Brown Limited
Price
$4.910
Owned
Yes
TOP PICK
TOP PICK
February 1, 2016

2.8% bond maturing Sept 22/25 at $102. He is all for quality these days and this is a solid single A credit that has zero problems on the credit side. There are very few of these kinds of bonds in Canada.

2.8% bond maturing Sept 22/25 at $102. He is all for quality these days and this is a solid single A credit that has zero problems on the credit side. There are very few of these kinds of bonds in Canada.

Hank Cunningham
Fixed Income Strategist, Odlum Brown Limited
Price
$74.450
Owned
Yes