Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
August 9, 2016

This company has been beset by a number of issues, including the Cdn$, decreasing demand for some of their products, and losing a bit of market share in their areas. The biggest issue they’ve had to face is their balance sheet. They levered up to do a lot of deals, and now they are paying the piper for that. However, they do have some iconic brands, and brands do hold value, and there will be a solution here.

This company has been beset by a number of issues, including the Cdn$, decreasing demand for some of their products, and losing a bit of market share in their areas. The biggest issue they’ve had to face is their balance sheet. They levered up to do a lot of deals, and now they are paying the piper for that. However, they do have some iconic brands, and brands do hold value, and there will be a solution here.

Gerard Ferguson
CEO & Portfolio Manager, Jemekk Capital Management
Price
$4.360
Owned
Unknown
COMMENT
COMMENT
August 9, 2016

In the process of going through a transaction of selling off their crown jewels to Seven Generations (VII-T), and expects the deal to close in the next 4-5 weeks. Going forward, this is going to be a holding company with a half a dozen or so holdings, the biggest being Seven Gens. Outside of that holding company status, there is a producer as well, and they will be trying to grow their production. It is a much better holding now than it was 2 months ago. (See Top Picks.)

In the process of going through a transaction of selling off their crown jewels to Seven Generations (VII-T), and expects the deal to close in the next 4-5 weeks. Going forward, this is going to be a holding company with a half a dozen or so holdings, the biggest being Seven Gens. Outside of that holding company status, there is a producer as well, and they will be trying to grow their production. It is a much better holding now than it was 2 months ago. (See Top Picks.)

Gerard Ferguson
CEO & Portfolio Manager, Jemekk Capital Management
Price
$12.740
Owned
Unknown
COMMENT
COMMENT
August 9, 2016

Auto parts suppliers are very cyclical industries. We have seen a tremendous return to growth in auto demand in the US, and there is a real fear now that we have hit a peak. The latest number he has seen was 18 million cars in the NA that are going to be sold. People have to keep in mind that we went through several years, post the financial crisis, of selling 11 million or less cars, so there is this pent-up demand that we are chewing through. This, and Magna (MG-T) are leaders in their field and both do a great job. Both are considered cheap right now. When auto sales turn over, there will be a contraction in earnings, but OEMs will feel it much more so. This company will be reporting shortly, and he expects good numbers.

Linamar Corp (LNR-T)
August 9, 2016

Auto parts suppliers are very cyclical industries. We have seen a tremendous return to growth in auto demand in the US, and there is a real fear now that we have hit a peak. The latest number he has seen was 18 million cars in the NA that are going to be sold. People have to keep in mind that we went through several years, post the financial crisis, of selling 11 million or less cars, so there is this pent-up demand that we are chewing through. This, and Magna (MG-T) are leaders in their field and both do a great job. Both are considered cheap right now. When auto sales turn over, there will be a contraction in earnings, but OEMs will feel it much more so. This company will be reporting shortly, and he expects good numbers.

Gerard Ferguson
CEO & Portfolio Manager, Jemekk Capital Management
Price
$52.340
Owned
Unknown
TOP PICK
TOP PICK
August 9, 2016

This came from nowhere 5 years ago, to now producing 125,000 barrels of oil equivalent. They’ve done a great job. It is being driven by the fact that they have one of the best resource plays in North America, in the Montney in Western Canada. They have 10 years plus of inventory that they have just added to. Have also done a great job of reducing costs.

This came from nowhere 5 years ago, to now producing 125,000 barrels of oil equivalent. They’ve done a great job. It is being driven by the fact that they have one of the best resource plays in North America, in the Montney in Western Canada. They have 10 years plus of inventory that they have just added to. Have also done a great job of reducing costs.

Gerard Ferguson
CEO & Portfolio Manager, Jemekk Capital Management
Price
$29.900
Owned
Yes
TOP PICK
TOP PICK
August 9, 2016

Has been a public company for about 18 months and have done a great job of growing market share. They’ve done a fantastic job of introducing higher margin products like bedding and bedsheets into their product line, and an exceptional job of growing not only same-store sales, but also new store openings. Dividend yield of 1.88%.

Has been a public company for about 18 months and have done a great job of growing market share. They’ve done a fantastic job of introducing higher margin products like bedding and bedsheets into their product line, and an exceptional job of growing not only same-store sales, but also new store openings. Dividend yield of 1.88%.

Gerard Ferguson
CEO & Portfolio Manager, Jemekk Capital Management
Price
$31.970
Owned
Yes
TOP PICK
TOP PICK
August 9, 2016

An e-commerce solutions provider. If you come up with a business, they can have a website up and running for you within 15 minutes, and be able to take payments for goods and services immediately. They’ve done a great job of integrating a bunch of moving parts. They are targeted towards small and medium-sized businesses, the fastest growing area of the market.

Shopify Inc. (SHOP-T)
August 9, 2016

An e-commerce solutions provider. If you come up with a business, they can have a website up and running for you within 15 minutes, and be able to take payments for goods and services immediately. They’ve done a great job of integrating a bunch of moving parts. They are targeted towards small and medium-sized businesses, the fastest growing area of the market.

Gerard Ferguson
CEO & Portfolio Manager, Jemekk Capital Management
Price
$50.850
Owned
Yes