Latest Expert Opinions

Signal
Opinion
Expert
TOP PICK
TOP PICK
August 8, 2016

He has loved it since it was $6. It was attacked by short sellers about 18 months ago when mortgage brokers gave them some bad information. All of the mortgages they wrote with these brokers had loss experiences no different than any others. Alberta is not hurting them. It is priced at 7 times earnings when it should be 10 times. It missed earnings recently by 3 or 4 cents.

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He has loved it since it was $6. It was attacked by short sellers about 18 months ago when mortgage brokers gave them some bad information. All of the mortgages they wrote with these brokers had loss experiences no different than any others. Alberta is not hurting them. It is priced at 7 times earnings when it should be 10 times. It missed earnings recently by 3 or 4 cents.

BUY
BUY
August 8, 2016

It owns many venues and Ticketmaster too. It is a perfect example of his theme of experiential consumerism, which he is keen on at present. The problem is that the financial statements are very difficult to understand. The controlling shareholder runs the company more for their benefit than for shareholders. He has been watching it as it goes up. It is clearly a very good company in a very interesting space. He wants to assure himself that he is not paying too much.

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It owns many venues and Ticketmaster too. It is a perfect example of his theme of experiential consumerism, which he is keen on at present. The problem is that the financial statements are very difficult to understand. The controlling shareholder runs the company more for their benefit than for shareholders. He has been watching it as it goes up. It is clearly a very good company in a very interesting space. He wants to assure himself that he is not paying too much.

SELL STRENGTH
SELL STRENGTH
August 8, 2016

(Market Call Minute) It seems to have bounced and he would take the opportunity to get your money out.

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(Market Call Minute) It seems to have bounced and he would take the opportunity to get your money out.

BUY
BUY
August 8, 2016

(Market Call Minute) In the right place at the right time and the market appreciates it.

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(Market Call Minute) In the right place at the right time and the market appreciates it.

WATCH
WATCH
August 8, 2016

Would move higher if the Canadian market moved lower. He does not recommend this ETF because it is leveraged. Technical indicators are positive for the TSX presently. Watch the indicators and then play a seasonal trade on a bear TSX. When the election takes place it is an opportunity to go on the bull side instead of the bear side. It is 100 days prior to the election of a new president and is not a great time for the markets as they move lower. This bear ETF could be a good buy when the technical indicators confirm it.

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Would move higher if the Canadian market moved lower. He does not recommend this ETF because it is leveraged. Technical indicators are positive for the TSX presently. Watch the indicators and then play a seasonal trade on a bear TSX. When the election takes place it is an opportunity to go on the bull side instead of the bear side. It is 100 days prior to the election of a new president and is not a great time for the markets as they move lower. This bear ETF could be a good buy when the technical indicators confirm it.

COMMENT
COMMENT
August 8, 2016

Doesn’t own dual class share companies, but this one has been an amazing growth story. Incredibly successful. If he didn’t have an issue with dual class shares, he might actually buy this. It is unbelievable to him that in an industry which is low growth, they have made some great acquisitions and they cover all the basic markets from lower end to higher end. Have done a fantastic job. Truly a Canadian success story.

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Andrew Peller (ADW.A-T)
August 8, 2016

Doesn’t own dual class share companies, but this one has been an amazing growth story. Incredibly successful. If he didn’t have an issue with dual class shares, he might actually buy this. It is unbelievable to him that in an industry which is low growth, they have made some great acquisitions and they cover all the basic markets from lower end to higher end. Have done a fantastic job. Truly a Canadian success story.

BUY WEAKNESS
BUY WEAKNESS
August 8, 2016

Spinning off their automotive division, but is still mostly an automotive supply company. The whole auto supply sector looks cheap. They all trade at low PE’s, but have all had massive earnings growth over the last 5 years. They are somewhat cyclical. You have to buy these when earnings are weak and multiples are higher, and not buy them after a massive run up of earnings when you think they look cheap. Thinks earnings are peaking for the sector and he is looking for declining earnings, and would look for a better entry price.

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Spinning off their automotive division, but is still mostly an automotive supply company. The whole auto supply sector looks cheap. They all trade at low PE’s, but have all had massive earnings growth over the last 5 years. They are somewhat cyclical. You have to buy these when earnings are weak and multiples are higher, and not buy them after a massive run up of earnings when you think they look cheap. Thinks earnings are peaking for the sector and he is looking for declining earnings, and would look for a better entry price.