Latest Expert Opinions

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
January 12, 2017

(A Top Pick Jan 6/16. Up 15.37%.) US housing was doing really well and they have one of the biggest US residentials. They own homes and rent them out. Thinks it took a breather when there were fears of a US recession. He expects the stock to continue to rebound.

(A Top Pick Jan 6/16. Up 15.37%.) US housing was doing really well and they have one of the biggest US residentials. They own homes and rent them out. Thinks it took a breather when there were fears of a US recession. He expects the stock to continue to rebound.

James Telfser
Partner & Portfolio Manager, Aventine Management Group
Price
$9.840
Owned
No
PAST TOP PICK
PAST TOP PICK
January 12, 2017

(A Top Pick Jan 6/16. Up 1.36%.) This is flat, and it really speaks to one of the themes he is seeing in the portfolio. What would be great for them is that they could make some kind of acquisition or get acquired. They’ve got a very highly desired business. No debt. Generates tons of cash. They make packaging for food. A great business.

Winpak Ltd. (WPK-T)
January 12, 2017

(A Top Pick Jan 6/16. Up 1.36%.) This is flat, and it really speaks to one of the themes he is seeing in the portfolio. What would be great for them is that they could make some kind of acquisition or get acquired. They’ve got a very highly desired business. No debt. Generates tons of cash. They make packaging for food. A great business.

James Telfser
Partner & Portfolio Manager, Aventine Management Group
Price
$45.480
Owned
Yes
COMMENT
COMMENT
January 12, 2017

A great business with a great dividend. They are a bit of a price taker with 3M, which is his only knock against the company. However, they are offsetting that with a lot of operational improvements and some of the new plants they are putting into operation. They’ve made a few acquisitions including a recent one in India.

A great business with a great dividend. They are a bit of a price taker with 3M, which is his only knock against the company. However, they are offsetting that with a lot of operational improvements and some of the new plants they are putting into operation. They’ve made a few acquisitions including a recent one in India.

James Telfser
Partner & Portfolio Manager, Aventine Management Group
Price
$23.810
Owned
Yes
SELL
SELL
January 12, 2017

There is a lot of hype around these names and the financing deals they are doing. A very confusing story to get your head around. They have a lot of debt on their balance sheet. There are better investment opportunities, particularly in the market we are in right now.

Jackpot Joy PL (JKPTF-5)
January 12, 2017

There is a lot of hype around these names and the financing deals they are doing. A very confusing story to get your head around. They have a lot of debt on their balance sheet. There are better investment opportunities, particularly in the market we are in right now.

James Telfser
Partner & Portfolio Manager, Aventine Management Group
Price
$9.300
Owned
No
COMMENT
COMMENT
January 12, 2017

A great stock, and he is looking at it very, very closely. It ranks really well in his model. He likes that it makes acquisitions that the market isn’t fully appreciative of. Trading at about 12.5X forward expectations. The US transport stocks have really rallied, and some of them are trading at 15-18 times earnings. Feels this has pretty good upside here.

A great stock, and he is looking at it very, very closely. It ranks really well in his model. He likes that it makes acquisitions that the market isn’t fully appreciative of. Trading at about 12.5X forward expectations. The US transport stocks have really rallied, and some of them are trading at 15-18 times earnings. Feels this has pretty good upside here.

James Telfser
Partner & Portfolio Manager, Aventine Management Group
Price
$34.760
Owned
No
HOLD
HOLD
January 12, 2017

The chart shows this hasn’t really done much over the past year. They’ve missed some expectations, especially in the last quarter. Believes there is some news coming out about railway ties that aren’t selling is much as they used to. However, that should start to pick up again. This could be in for another rocky year or so.

Stella-Jones Inc. (SJ-T)
January 12, 2017

The chart shows this hasn’t really done much over the past year. They’ve missed some expectations, especially in the last quarter. Believes there is some news coming out about railway ties that aren’t selling is much as they used to. However, that should start to pick up again. This could be in for another rocky year or so.

James Telfser
Partner & Portfolio Manager, Aventine Management Group
Price
$42.300
Owned
Unknown
HOLD
HOLD
January 12, 2017

An extremely interesting business. They do a lot of wholesale currency. Now they can get funds cheaper. They can go to the Fed or the central bank to get funds. Getting that kind of volume on currency may allow them to get some bigger clients. Just starting to prove the model out now. If you own, he would continue to Hold until you see the model prove out. He likes the business.

An extremely interesting business. They do a lot of wholesale currency. Now they can get funds cheaper. They can go to the Fed or the central bank to get funds. Getting that kind of volume on currency may allow them to get some bigger clients. Just starting to prove the model out now. If you own, he would continue to Hold until you see the model prove out. He likes the business.

James Telfser
Partner & Portfolio Manager, Aventine Management Group
Price
$28.010
Owned
No