Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
September 26, 2017

Filters H2S (hydrogen sulfide) and uses the results for fertilizer. He decided not to go into this because he doesn’t get involved in venture firms, but questions his wisdom when he knows the company and its management so well. They don’t have a lot of revenues. Its minor-league, but is expected to go up. They are building a plant. The volume is very, very low and it trades by appointment. He avoids new companies like this, but believes in management.

Filters H2S (hydrogen sulfide) and uses the results for fertilizer. He decided not to go into this because he doesn’t get involved in venture firms, but questions his wisdom when he knows the company and its management so well. They don’t have a lot of revenues. Its minor-league, but is expected to go up. They are building a plant. The volume is very, very low and it trades by appointment. He avoids new companies like this, but believes in management.

Benj Gallander
President, Contra the Heard Investment Letter
Price
$0.230
Owned
No
TOP PICK
TOP PICK
September 26, 2017

He likes what the CEO, John Chen, is doing. They just signed new deals this month with some major players, Delphi and Timex. They are moving in the right direction. Have a tremendous amount of analysts’ coverage, and it is still in the news. When a company like this gains its legs, it can move up very quickly, and he can see how it could double. (Analysts’ price target is $10.50.)

BlackBerry (BB-T)
September 26, 2017

He likes what the CEO, John Chen, is doing. They just signed new deals this month with some major players, Delphi and Timex. They are moving in the right direction. Have a tremendous amount of analysts’ coverage, and it is still in the news. When a company like this gains its legs, it can move up very quickly, and he can see how it could double. (Analysts’ price target is $10.50.)

Benj Gallander
President, Contra the Heard Investment Letter
Price
$11.290
Owned
Yes
TOP PICK
TOP PICK
September 26, 2017

Had paid $7.46, but it is down. They seem to be turning around and making money. Pays a nice dividend of 5.2%. Gives a nice geographic diversification. Based in Holland, but operates in over 15 countries. Huge insurance company. (Analysts’ price target is $5.60.)

Aegon N.V. (AEG-N)
September 26, 2017

Had paid $7.46, but it is down. They seem to be turning around and making money. Pays a nice dividend of 5.2%. Gives a nice geographic diversification. Based in Holland, but operates in over 15 countries. Huge insurance company. (Analysts’ price target is $5.60.)

Benj Gallander
President, Contra the Heard Investment Letter
Price
$5.770
Owned
Yes
TOP PICK
TOP PICK
September 26, 2017

Made a major change after he bought into it. They’ve moved from being a “patent troll” and into the Internet of Things. They’ve done takeovers and has over $100 million in cash. What they are doing may work out. It is very early in the game. Dividend yield of 3.1%. (Analysts’ price target is $2.50.)

Quarterhill Inc (QTRH-T)
September 26, 2017

Made a major change after he bought into it. They’ve moved from being a “patent troll” and into the Internet of Things. They’ve done takeovers and has over $100 million in cash. What they are doing may work out. It is very early in the game. Dividend yield of 3.1%. (Analysts’ price target is $2.50.)

Benj Gallander
President, Contra the Heard Investment Letter
Price
$1.660
Owned
Yes
COMMENT
COMMENT
September 26, 2017

This has gone through a pretty brutal year. He owns this in certain accounts for the income. Pays a 7.2% yield, and that dividend is safe. They have power plants in California that they need to get contracts for, which is a bit of an overhang. But then they made the GWL acquisition, a gas distributor on the east coast. It is going to take time to settle. The stock went down on no news, which is an interesting signal, physically saying that Selling is done. That is an interesting time to pick up the stock. You are getting paid while you wait.

Altagas Ltd (ALA-T)
September 26, 2017

This has gone through a pretty brutal year. He owns this in certain accounts for the income. Pays a 7.2% yield, and that dividend is safe. They have power plants in California that they need to get contracts for, which is a bit of an overhang. But then they made the GWL acquisition, a gas distributor on the east coast. It is going to take time to settle. The stock went down on no news, which is an interesting signal, physically saying that Selling is done. That is an interesting time to pick up the stock. You are getting paid while you wait.

Lyle Stein
Sr. Portfolio & Managing Director, Vestcap Investment Management
Price
$28.870
Owned
Yes
COMMENT
COMMENT
September 26, 2017

Recently sold this as he trimmed oil stocks. He likes the company and its management. They are buying assets at what he thinks are cheap prices from distressed sellers. Likes the way it’s managed and the exposure they have. A well-run company, but he is a little concerned about the oil patch today. Prefers PrairieSky Royalty (PSK-T) which doesn’t have any operational risks.

Recently sold this as he trimmed oil stocks. He likes the company and its management. They are buying assets at what he thinks are cheap prices from distressed sellers. Likes the way it’s managed and the exposure they have. A well-run company, but he is a little concerned about the oil patch today. Prefers PrairieSky Royalty (PSK-T) which doesn’t have any operational risks.

Lyle Stein
Sr. Portfolio & Managing Director, Vestcap Investment Management
Price
$42.070
Owned
No
COMMENT
COMMENT
September 26, 2017

Likes this, but likes others better. He likes the area because it has been forgotten. Energy is probably putting in a bottom. We’ve seen a lot of selling pressure in the oil patch, and thinks all midstream type players should do okay. Dividend yield of 6.5%. (See Top Picks.)

Inter Pipeline (IPL-T)
September 26, 2017

Likes this, but likes others better. He likes the area because it has been forgotten. Energy is probably putting in a bottom. We’ve seen a lot of selling pressure in the oil patch, and thinks all midstream type players should do okay. Dividend yield of 6.5%. (See Top Picks.)

Lyle Stein
Sr. Portfolio & Managing Director, Vestcap Investment Management
Price
$24.960
Owned
No