Latest Expert Opinions

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Opinion
Expert
COMMENT
COMMENT
May 9, 2016

A good, solid utility. Has a 9%-10% potential growth going forward this year and next. Price to cash flow ratio is on the high side. They are doing some interesting stuff in BC and out west. A creative management which is diversifying. Has a reasonable yield.

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A good, solid utility. Has a 9%-10% potential growth going forward this year and next. Price to cash flow ratio is on the high side. They are doing some interesting stuff in BC and out west. A creative management which is diversifying. Has a reasonable yield.

DON'T BUY
DON'T BUY
May 9, 2016

Doesn’t own any lumber stocks at this point. The 3 he would look at would be this one, Canfor (CFX-T) and West Fraser Timber (WFT-T). If he were buying, it would be this company, which is the cheapest. It also has the largest exposure to US manufacturing. However, he wouldn’t touch any of them because there is the US lumber dispute that is going to heat up again. It looks like the US does not want to extend the current arrangement.

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Doesn’t own any lumber stocks at this point. The 3 he would look at would be this one, Canfor (CFX-T) and West Fraser Timber (WFT-T). If he were buying, it would be this company, which is the cheapest. It also has the largest exposure to US manufacturing. However, he wouldn’t touch any of them because there is the US lumber dispute that is going to heat up again. It looks like the US does not want to extend the current arrangement.

BUY
BUY
May 9, 2016

He likes this. They just came out with a 1st quarter which really was pretty good. They are quite aggressive in getting into the midstream business, but equally as aggressive in trying to build up their “cost of service” business. It is felt that by 2018, 86% will be immune from commodity price fluctuations.

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He likes this. They just came out with a 1st quarter which really was pretty good. They are quite aggressive in getting into the midstream business, but equally as aggressive in trying to build up their “cost of service” business. It is felt that by 2018, 86% will be immune from commodity price fluctuations.

TOP PICK
TOP PICK
May 9, 2016

This has become incredibly cheap at a 9.8 P/E ratio compared to a longer-term average of 10+. Lifecos need good stock markets to bring the value of their holdings up. They need higher returns from bonds. What they don’t need are bad experiences from oil/gas such as they’ve had. The business is growing like crazy in Asia and Canada, and to a lesser extent in the US.

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This has become incredibly cheap at a 9.8 P/E ratio compared to a longer-term average of 10+. Lifecos need good stock markets to bring the value of their holdings up. They need higher returns from bonds. What they don’t need are bad experiences from oil/gas such as they’ve had. The business is growing like crazy in Asia and Canada, and to a lesser extent in the US.