Latest Expert Opinions

Signal
Opinion
Expert
PARTIAL SELL
PARTIAL SELL
December 13, 2017

The company has not only created some stability within operations, but also have the potential of improving operations going forward. When they converted from the old Churchill Corp. they took on a lot of contracts that were fixed price that went over budget, making it a real drag. Since then, they’ve diversified into other markets. They have more presence in other provinces than just Alberta. If there is going to be more spending in electrical work in buildings, and infrastructure to some extent, this company should still have a bit more room to run. If you own, he would take some profits and limit this to a smaller portion of your portfolio.

Show full opinionHide full opinion
Stuart Olson Inc (SOX-T)
December 13, 2017

The company has not only created some stability within operations, but also have the potential of improving operations going forward. When they converted from the old Churchill Corp. they took on a lot of contracts that were fixed price that went over budget, making it a real drag. Since then, they’ve diversified into other markets. They have more presence in other provinces than just Alberta. If there is going to be more spending in electrical work in buildings, and infrastructure to some extent, this company should still have a bit more room to run. If you own, he would take some profits and limit this to a smaller portion of your portfolio.

COMMENT
COMMENT
December 13, 2017

Wonders at how much more good news there can be in this. They’ve benefited a lot from attrition in the industry. Also, have diversified more into service and parts, which has been very good for them. At current multiples, it is trading at close to 5X BV and 20X Forecast Earnings with a yield of 2.4%. Feels the weight has shifted more to the downside than to the upside.

Show full opinionHide full opinion

Wonders at how much more good news there can be in this. They’ve benefited a lot from attrition in the industry. Also, have diversified more into service and parts, which has been very good for them. At current multiples, it is trading at close to 5X BV and 20X Forecast Earnings with a yield of 2.4%. Feels the weight has shifted more to the downside than to the upside.

COMMENT
COMMENT
December 13, 2017

Although the price has dropped considerably, the risk is still very high. The company has gone a long way to improve its balance sheet, and has excellent properties. However, it is still very, very sensitive to the commodity price, which is where the main part of the risk comes in. The potential upside is many multiples to what he thinks the downside is.

Show full opinionHide full opinion

Although the price has dropped considerably, the risk is still very high. The company has gone a long way to improve its balance sheet, and has excellent properties. However, it is still very, very sensitive to the commodity price, which is where the main part of the risk comes in. The potential upside is many multiples to what he thinks the downside is.

COMMENT
COMMENT
December 13, 2017

Thinks this is going to do fairly well in 2018. Over the last number of years, it’s managed to restructure its balance sheet. At one time they paid a totally unsustainable dividend. Even in the current market, they figure they can continue to grow cash flow, even at $55 West Texas intermediate pricing. It probably has more drilling opportunities and more land in good areas, then a lot of the competition. It could be worth taking a serious look at.

Show full opinionHide full opinion

Thinks this is going to do fairly well in 2018. Over the last number of years, it’s managed to restructure its balance sheet. At one time they paid a totally unsustainable dividend. Even in the current market, they figure they can continue to grow cash flow, even at $55 West Texas intermediate pricing. It probably has more drilling opportunities and more land in good areas, then a lot of the competition. It could be worth taking a serious look at.

COMMENT
COMMENT
December 13, 2017

Prem Watsa's investing approach is often compared to Warren Buffett's. He believes that over the long-term, the stock price is going to reflect a company's ROE relative to the Price to Book that you are paying for. If you take a very long-term view of this company, it is a fairly safe place to invest. If there was any pullback, this would be a very, very good buy.

Show full opinionHide full opinion
Fairfax Financial (FFH-T)
December 13, 2017

Prem Watsa's investing approach is often compared to Warren Buffett's. He believes that over the long-term, the stock price is going to reflect a company's ROE relative to the Price to Book that you are paying for. If you take a very long-term view of this company, it is a fairly safe place to invest. If there was any pullback, this would be a very, very good buy.

DON'T BUY
DON'T BUY
December 13, 2017

Doesn't think you should get into this right now. He did own it, but when they announced that they were going to integrate with Potash (POT-T), that changed the complexion of the company quite a bit. Doesn't think there will be much in the way of a stock price change until it has been time-tested for a while.

Show full opinionHide full opinion
Agrium (AGU-T)
December 13, 2017

Doesn't think you should get into this right now. He did own it, but when they announced that they were going to integrate with Potash (POT-T), that changed the complexion of the company quite a bit. Doesn't think there will be much in the way of a stock price change until it has been time-tested for a while.

COMMENT
COMMENT
December 13, 2017

This has been extremely well-managed. Relative to Bell (BCE-T) it has made great strides positioning itself, not only within the wireless market, but also profitability wise. Has a good dividend history. With a long-term view, this is a good stock to own.

Show full opinionHide full opinion
Telus Corp (T-T)
December 13, 2017

This has been extremely well-managed. Relative to Bell (BCE-T) it has made great strides positioning itself, not only within the wireless market, but also profitability wise. Has a good dividend history. With a long-term view, this is a good stock to own.