Latest Expert Opinions

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
December 21, 2017

(A Top Pick Feb 28/17. Up 17.83%.) A very low multiple stock. Trades at around 11.5-12×2018 earnings. Part of the reason is that there is not much liquidity with the company. All the other companies in this space trade at around 18X earnings. There is a good chance this company may eventually get taken out. He is going to continue to hold.

Magellan Aerospa (MAL-T)
December 21, 2017

(A Top Pick Feb 28/17. Up 17.83%.) A very low multiple stock. Trades at around 11.5-12×2018 earnings. Part of the reason is that there is not much liquidity with the company. All the other companies in this space trade at around 18X earnings. There is a good chance this company may eventually get taken out. He is going to continue to hold.

Peter Imhof
Vice President & Portfolio Manager, AGF Investments Inc
Price
$20.740
Owned
Yes
COMMENT
COMMENT
December 21, 2017

He likes the company and management. Not sure of visibility at this point, but would feel comfortable with the overall structure and the way they have been able to operate. Dividend yield of 3.9%.

He likes the company and management. Not sure of visibility at this point, but would feel comfortable with the overall structure and the way they have been able to operate. Dividend yield of 3.9%.

Peter Imhof
Vice President & Portfolio Manager, AGF Investments Inc
Price
$9.960
Owned
No
COMMENT
COMMENT
December 21, 2017

Owns a big portion of this, and really likes management. The CEO owns 30%-40% of the company. They continue to grow earnings fairly well. Have made some strategic acquisitions where there was quite a bit of synergy. It’s currently trading at an all-time high. Demographics are playing into what they do. Continues growing earnings and their top line.

Savaria Corp (SIS-T)
December 21, 2017

Owns a big portion of this, and really likes management. The CEO owns 30%-40% of the company. They continue to grow earnings fairly well. Have made some strategic acquisitions where there was quite a bit of synergy. It’s currently trading at an all-time high. Demographics are playing into what they do. Continues growing earnings and their top line.

Peter Imhof
Vice President & Portfolio Manager, AGF Investments Inc
Price
$18.000
Owned
Yes
COMMENT
COMMENT
December 21, 2017

He really likes this. This is storage, and they are great, because you don't need a lot of operations and are able to raise their prices. This is the "go to" name in Canada. They've done a number of acquisitions as the business is still highly fragmented, and it gives opportunities for a lot of people to bend their assets into storage faults in a tax efficient way.

StorageVault Canada (SVI-X)
December 21, 2017

He really likes this. This is storage, and they are great, because you don't need a lot of operations and are able to raise their prices. This is the "go to" name in Canada. They've done a number of acquisitions as the business is still highly fragmented, and it gives opportunities for a lot of people to bend their assets into storage faults in a tax efficient way.

Peter Imhof
Vice President & Portfolio Manager, AGF Investments Inc
Price
$2.650
Owned
Yes
HOLD
HOLD
December 21, 2017

Gas prices in Canada has been decimated. This one has really done nothing for the last few years. Feels that a lot of the bad news is already in the stock. If you own, he wouldn't rush out to sell it, but wouldn't be buying any more at this time. They’re fairly good operators and there should be some growth, it's just that the underlying commodity is so weak that it is difficult for them. Also, there has been more pressure on because of tax loss reasons.

Gas prices in Canada has been decimated. This one has really done nothing for the last few years. Feels that a lot of the bad news is already in the stock. If you own, he wouldn't rush out to sell it, but wouldn't be buying any more at this time. They’re fairly good operators and there should be some growth, it's just that the underlying commodity is so weak that it is difficult for them. Also, there has been more pressure on because of tax loss reasons.

Peter Imhof
Vice President & Portfolio Manager, AGF Investments Inc
Price
$2.590
Owned
Unknown
TOP PICK
TOP PICK
December 21, 2017

In the last 4 years, this has gone from $.50 up to $4.50. Continues to put up very good numbers. They could do 7200 BOE's a day in Q4, and perhaps could exit at around 8000. Their cash flow could be $1 next year, so it still looks very cheap. (Analysts' price target is $5.63.)

Yangarra Resources (YGR-T)
December 21, 2017

In the last 4 years, this has gone from $.50 up to $4.50. Continues to put up very good numbers. They could do 7200 BOE's a day in Q4, and perhaps could exit at around 8000. Their cash flow could be $1 next year, so it still looks very cheap. (Analysts' price target is $5.63.)

Peter Imhof
Vice President & Portfolio Manager, AGF Investments Inc
Price
$4.660
Owned
Yes
TOP PICK
TOP PICK
December 21, 2017

This company cleans wafers for semiconductor companies. Has a great balance sheet. If you X out the cash on the balance sheet, it trades at around 14X next year's earnings. Recently reported a very strong quarter and have a record backlog. Could be a takeover candidate as they trade at a low valuation. (Analysts' price target is $2.25.)

Photon Control (PHO-T)
December 21, 2017

This company cleans wafers for semiconductor companies. Has a great balance sheet. If you X out the cash on the balance sheet, it trades at around 14X next year's earnings. Recently reported a very strong quarter and have a record backlog. Could be a takeover candidate as they trade at a low valuation. (Analysts' price target is $2.25.)

Peter Imhof
Vice President & Portfolio Manager, AGF Investments Inc
Price
$1.830
Owned
Yes