Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
November 30, 2017

Overwhelmingly oil exposure and oil is doing better than natural gas. OPEC’s cuts today bode well for this stock. CPG-T is being held back because Canadian crude is being held up by a lack of pipeline capacity. Pipeline outages exacerbate what is already going on. If you believe OPEC has changed the game and oil breaks out of the $50-60 range, then this one, being the more leveraged name will benefit more.

Overwhelmingly oil exposure and oil is doing better than natural gas. OPEC’s cuts today bode well for this stock. CPG-T is being held back because Canadian crude is being held up by a lack of pipeline capacity. Pipeline outages exacerbate what is already going on. If you believe OPEC has changed the game and oil breaks out of the $50-60 range, then this one, being the more leveraged name will benefit more.

Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$9.410
Owned
Unknown
BUY
BUY
November 30, 2017

He likes it. It did well on the TSX today on the back of a corporate update they released yesterday after the close. They acquired SE-N earlier this year and it was the largest acquisition in their history. This is now the largest utility in North America. Their update last night increased the dividend 10%, announced a private equity financing, and maintenance of their investment grade credit rating. They are scaling down their capital project plans over the next few years. We should see more good things coming out of this company.

Enbridge (ENB-T)
November 30, 2017

He likes it. It did well on the TSX today on the back of a corporate update they released yesterday after the close. They acquired SE-N earlier this year and it was the largest acquisition in their history. This is now the largest utility in North America. Their update last night increased the dividend 10%, announced a private equity financing, and maintenance of their investment grade credit rating. They are scaling down their capital project plans over the next few years. We should see more good things coming out of this company.

Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$48.650
Owned
Yes
HOLD
HOLD
November 30, 2017

It is smaller than the typical company he owns. He follows it and has a lot of respect for the company and the management. He would not sell it. They are executing very nicely. It is working off the sharp move higher from the past.

It is smaller than the typical company he owns. He follows it and has a lot of respect for the company and the management. He would not sell it. They are executing very nicely. It is working off the sharp move higher from the past.

Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$11.280
Owned
No
BUY
BUY
November 30, 2017

They just completed the acquisition of VSN-T and it brings them into some interesting new areas. The big benefit was VSN-T’s LNG project. PPL-T also have some approved capital projects that should earn a competitive return on their capital. He owns some others in the space, however.

They just completed the acquisition of VSN-T and it brings them into some interesting new areas. The big benefit was VSN-T’s LNG project. PPL-T also have some approved capital projects that should earn a competitive return on their capital. He owns some others in the space, however.

Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$44.930
Owned
No
BUY
BUY
November 30, 2017

It is a good entry point. Their legacy business was coal powered generation. They are transforming these plants to natural gas and collecting a termination payment from the province. The yield is close to 7% and the dividend has grown steadily. The strategy is sound and the entry point looks good.

Capital Power (CPX-T)
November 30, 2017

It is a good entry point. Their legacy business was coal powered generation. They are transforming these plants to natural gas and collecting a termination payment from the province. The yield is close to 7% and the dividend has grown steadily. The strategy is sound and the entry point looks good.

Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$24.370
Owned
Unknown
BUY
BUY
November 30, 2017

A fairly small company. Management understands the mine. They have some natural gas storage. The price of natural gas in Alberta has been depressed and at some points in the summer it was down to zero. Having the storage facilities allows them to hold the gas from the market until the price comes back. They have a good expansion strategy and they will likely be a takeout target over a multi year timeframe.

A fairly small company. Management understands the mine. They have some natural gas storage. The price of natural gas in Alberta has been depressed and at some points in the summer it was down to zero. Having the storage facilities allows them to hold the gas from the market until the price comes back. They have a good expansion strategy and they will likely be a takeout target over a multi year timeframe.

Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$1.490
Owned
Unknown
DON'T BUY
DON'T BUY
November 30, 2017

He does not particularly like it. Investors think it is a technology play, but really it is a contract manufacturer without a lot of pricing power. Margins are low and it is fairly cyclical. The competitive strength is not enough to make him want to have a position.

Celestica Inc (CLS-T)
November 30, 2017

He does not particularly like it. Investors think it is a technology play, but really it is a contract manufacturer without a lot of pricing power. Margins are low and it is fairly cyclical. The competitive strength is not enough to make him want to have a position.

Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$14.000
Owned
No