Latest Expert Opinions

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DON'T BUY
DON'T BUY
May 19, 2016

He is not crazy about mutual fund companies in Canada because of increasing fee disclosure requirements coming.

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Power Corp (POW-T)
May 19, 2016

He is not crazy about mutual fund companies in Canada because of increasing fee disclosure requirements coming.

DON'T BUY
DON'T BUY
May 19, 2016

They just cut the dividend by about a third and he thinks it is sustainable now. His people keep saying he missed it and then it comes back. He has shied away. It is a great company but he can’t do it at the present time.

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They just cut the dividend by about a third and he thinks it is sustainable now. His people keep saying he missed it and then it comes back. He has shied away. It is a great company but he can’t do it at the present time.

DON'T BUY
DON'T BUY
May 19, 2016

He does not like it. It grew by debt funded acquisition. These stories don’t usually work out well. They are now a dramatically different company as they have to cut prices on drugs they acquired. They now have to sell assets to pay down debt. The worst is not over for them. No value there.

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He does not like it. It grew by debt funded acquisition. These stories don’t usually work out well. They are now a dramatically different company as they have to cut prices on drugs they acquired. They now have to sell assets to pay down debt. The worst is not over for them. No value there.

DON'T BUY
DON'T BUY
May 19, 2016

A 9% yield is high so pay attention to why it is so high. Lots of Alberta exposure. They want to reduce leverage. There are a number of issues that cause him to look elsewhere.

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A 9% yield is high so pay attention to why it is so high. Lots of Alberta exposure. They want to reduce leverage. There are a number of issues that cause him to look elsewhere.

DON'T BUY
DON'T BUY
May 19, 2016

The whole Canadian independent brokerage sector is under extreme pressure. They now got rid of a lot of acquisitions. Unless the resource sector comes back, they are faced with headaches.

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The whole Canadian independent brokerage sector is under extreme pressure. They now got rid of a lot of acquisitions. Unless the resource sector comes back, they are faced with headaches.

BUY
BUY
May 19, 2016

They have a dual class share structure and he is not crazy about it. They are in a lousy business but did an amazing job. He does not own it because it is too expensive. An unbelievable Canadian success story.

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They have a dual class share structure and he is not crazy about it. They are in a lousy business but did an amazing job. He does not own it because it is too expensive. An unbelievable Canadian success story.

DON'T BUY
DON'T BUY
May 19, 2016

Flat revenues. They made a sale to Chorus and raised some cash. It is almost a no growth business. The wireless business will prove tough for them.

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Flat revenues. They made a sale to Chorus and raised some cash. It is almost a no growth business. The wireless business will prove tough for them.