Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
January 5, 2017

Has had a good move, and feels they are doing the right things. Their deal with Air Canada (AC-T) is going well. They’ve ordered more aircraft. This is a good situation.

Has had a good move, and feels they are doing the right things. Their deal with Air Canada (AC-T) is going well. They’ve ordered more aircraft. This is a good situation.

Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$7.430
Owned
No
HOLD
HOLD
January 5, 2017

He keeps watching, hoping it is going to come back a bit so that he can buy it. He likes the industry. The acquisition they did and the consolidation has worked out well for them. The business is growing, and it pays a decent dividend that he thinks will increase over time.

He keeps watching, hoping it is going to come back a bit so that he can buy it. He likes the industry. The acquisition they did and the consolidation has worked out well for them. The business is growing, and it pays a decent dividend that he thinks will increase over time.

Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$40.640
Owned
No
HOLD
HOLD
January 5, 2017

Money is flowing out of consumer related areas, and into the more cyclical areas of the market. Their earnings came out and they were quite good. They are building a large cash position and buying back stock, so are doing all the right things.

Maple Leaf Foods (MFI-T)
January 5, 2017

Money is flowing out of consumer related areas, and into the more cyclical areas of the market. Their earnings came out and they were quite good. They are building a large cash position and buying back stock, so are doing all the right things.

Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$27.720
Owned
Unknown
COMMENT
COMMENT
January 5, 2017

About half the banks’ revenues and businesses are retail in Canada, which is a cash cow. This bank’s strategy is international retail in Mexico, South America, etc. International retail is a higher margin business than domestic retail, but it is also more volatile. This is a core holding for him. (See Top Picks.)

About half the banks’ revenues and businesses are retail in Canada, which is a cash cow. This bank’s strategy is international retail in Mexico, South America, etc. International retail is a higher margin business than domestic retail, but it is also more volatile. This is a core holding for him. (See Top Picks.)

Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$76.570
Owned
Yes
COMMENT
COMMENT
January 5, 2017

He doesn’t own this, because it is a commodities/materials stock, and he would rather own energy in his economically sensitive sectors. This is a survivor, and is leveraged to coal, and then zinc and copper. They definitely came through the last 2 years, selling off some assets, and repairing their balance sheets. If you believe we are going to get an inflationary environment over the next couple of years, $27-$28 is a reasonable buy.

He doesn’t own this, because it is a commodities/materials stock, and he would rather own energy in his economically sensitive sectors. This is a survivor, and is leveraged to coal, and then zinc and copper. They definitely came through the last 2 years, selling off some assets, and repairing their balance sheets. If you believe we are going to get an inflationary environment over the next couple of years, $27-$28 is a reasonable buy.

Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$28.580
Owned
No
COMMENT
COMMENT
January 5, 2017

He owns this, but also owns a smaller position in Manulife (MLF-T). Likes both companies because the life insurance business is a cash flow machine. They have expanded into Asia, as well as into Wealth Management. Both companies will do well because of rising interest rates.

He owns this, but also owns a smaller position in Manulife (MLF-T). Likes both companies because the life insurance business is a cash flow machine. They have expanded into Asia, as well as into Wealth Management. Both companies will do well because of rising interest rates.

Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$52.240
Owned
Yes
COMMENT
COMMENT
January 5, 2017

As a consulting business, this company is all about assets, which are the people. There is not a lot of capital need in the business. Their cash flow covers the dividend and whatever they need to spend on R&D, etc. They are not going to grow a whole lot, but are pretty good about turning out cash flow. The 4.08% dividend is safe.

As a consulting business, this company is all about assets, which are the people. There is not a lot of capital need in the business. Their cash flow covers the dividend and whatever they need to spend on R&D, etc. They are not going to grow a whole lot, but are pretty good about turning out cash flow. The 4.08% dividend is safe.

Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$19.110
Owned
Unknown