Latest Expert Opinions

Signal
Opinion
Expert
HOLD
HOLD
January 12, 2017

(Market Call Minute.) Great management team. Everybody loves this company. They have been executing and have been finding deals to do at a reasonable price. Probably good long term. Valuation is a little stretched though.

(Market Call Minute.) Great management team. Everybody loves this company. They have been executing and have been finding deals to do at a reasonable price. Probably good long term. Valuation is a little stretched though.

James Telfser
Partner & Portfolio Manager, Aventine Management Group
Price
$10.370
Owned
Unknown
BUY
BUY
January 12, 2017

(Market Call Minute.) You can’t bet against this company. One of these days they won’t find deals to do, but a very high quality company with lots of return on invested capital.

(Market Call Minute.) You can’t bet against this company. One of these days they won’t find deals to do, but a very high quality company with lots of return on invested capital.

James Telfser
Partner & Portfolio Manager, Aventine Management Group
Price
$589.190
Owned
Unknown
BUY
BUY
January 12, 2017

(Market Call Minute.) As a trend follower, he would say buy this here and see what happens.

(Market Call Minute.) As a trend follower, he would say buy this here and see what happens.

James Telfser
Partner & Portfolio Manager, Aventine Management Group
Price
$2.560
Owned
Unknown
COMMENT
COMMENT
January 12, 2017

(Market Call Minute.) You can always buy Canadian banks, but he prefers US banks.

(Market Call Minute.) You can always buy Canadian banks, but he prefers US banks.

James Telfser
Partner & Portfolio Manager, Aventine Management Group
Price
$77.200
Owned
No
BUY
BUY
January 12, 2017

(Market Call Minute.) He really likes their business model.

(Market Call Minute.) He really likes their business model.

James Telfser
Partner & Portfolio Manager, Aventine Management Group
Price
$23.820
Owned
Unknown
TOP PICK
TOP PICK
January 12, 2017

This has really come off nicely from the lows of a few years ago. This coincides with the cyclicality of the oil price, and it is based in Alberta, but it is an agriculture company, so a lot of their sales decline and inventory problems that they’ve had over the last few years have come from a huge cycle of buying and inventory buildup that happened in the 2012-2014 period. We are starting to see signs of that rolling off. Last year was a very long harvest, so equipment might need to be replaced. Trading at about 8.5X earnings, 5X EBITDA. They do very accretive acquisitions, and the balance sheet is in reasonable shape. Dividend yield of 4.57%. (Analysts’ price target is $10.82.)

This has really come off nicely from the lows of a few years ago. This coincides with the cyclicality of the oil price, and it is based in Alberta, but it is an agriculture company, so a lot of their sales decline and inventory problems that they’ve had over the last few years have come from a huge cycle of buying and inventory buildup that happened in the 2012-2014 period. We are starting to see signs of that rolling off. Last year was a very long harvest, so equipment might need to be replaced. Trading at about 8.5X earnings, 5X EBITDA. They do very accretive acquisitions, and the balance sheet is in reasonable shape. Dividend yield of 4.57%. (Analysts’ price target is $10.82.)

James Telfser
Partner & Portfolio Manager, Aventine Management Group
Price
$10.070
Owned
Yes
TOP PICK
TOP PICK
January 12, 2017

Believes that this has bottomed. There is a lot of competition in this space, both from private companies and from public guys like Black Diamond, etc. Thinks that is coming to an end and there will be a little bit of consolidation. Players that have the best balance sheet will be the ones that consolidate the most and do well in that environment. This company should benefit somewhat from an increase in activity. Dividend yield of 4.04%. (Analysts’ price target is $2.32.)

Believes that this has bottomed. There is a lot of competition in this space, both from private companies and from public guys like Black Diamond, etc. Thinks that is coming to an end and there will be a little bit of consolidation. Players that have the best balance sheet will be the ones that consolidate the most and do well in that environment. This company should benefit somewhat from an increase in activity. Dividend yield of 4.04%. (Analysts’ price target is $2.32.)

James Telfser
Partner & Portfolio Manager, Aventine Management Group
Price
$1.980
Owned
Yes