Latest Expert Opinions

Signal
Opinion
Expert
STRONG BUY
STRONG BUY
January 16, 2018

Got beaten up recently, because they just did a financing. (He has 3% of the financing.) A compelling opportunity and a great entry point. They are going to be initiating phase 3 trials this month. Just raised some money and have enough to do the trial now. In negotiations with a big Chinese Pharma in terms of licensing Asian rights. Has been presented with an opportunity for about $125 million deal with the Chinese, which they are still negotiating. They have the cash on the balance sheet, so there are no near-term financial pressures.

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Acasti Pharma (ACST-X)
January 16, 2018

Got beaten up recently, because they just did a financing. (He has 3% of the financing.) A compelling opportunity and a great entry point. They are going to be initiating phase 3 trials this month. Just raised some money and have enough to do the trial now. In negotiations with a big Chinese Pharma in terms of licensing Asian rights. Has been presented with an opportunity for about $125 million deal with the Chinese, which they are still negotiating. They have the cash on the balance sheet, so there are no near-term financial pressures.

WAIT
WAIT
January 16, 2018

Unfortunately, politics is coming into play. The federal and a lot of provincial governments seem to be opposed to pipelines, so we are not building any, and we have a condition in Western Canada where we have a ton of gas being discovered, and no way to get the gas out of the country. At some point the Canadian Western gas price will rise and there will be an opportunity, but it looks like we could be in for 1-2 years of very grim Canadian gas prices. This is one of the low-cost operators and is looking at this from a long-term perspective. Wait until the quarter comes out and see how things are looking then.

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Unfortunately, politics is coming into play. The federal and a lot of provincial governments seem to be opposed to pipelines, so we are not building any, and we have a condition in Western Canada where we have a ton of gas being discovered, and no way to get the gas out of the country. At some point the Canadian Western gas price will rise and there will be an opportunity, but it looks like we could be in for 1-2 years of very grim Canadian gas prices. This is one of the low-cost operators and is looking at this from a long-term perspective. Wait until the quarter comes out and see how things are looking then.

COMMENT
COMMENT
January 16, 2018

All these cannabis stocks are in a bubble and it is a sector that hasn't produced any profits yet. Down the road there are going to be some profits made, but there is going to be a lot of damage in this sector. This is like going to Vegas. You play them for trades. There is going to be a very unhappy outcome some time in the next year or 2 when reality comes back to the market. He would be very cautious. They more or less trade together as a group, so treat them as trades.

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Aurora Cannabis (ACB-T)
January 16, 2018

All these cannabis stocks are in a bubble and it is a sector that hasn't produced any profits yet. Down the road there are going to be some profits made, but there is going to be a lot of damage in this sector. This is like going to Vegas. You play them for trades. There is going to be a very unhappy outcome some time in the next year or 2 when reality comes back to the market. He would be very cautious. They more or less trade together as a group, so treat them as trades.

Alex Ruus

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Price
$11.910
Owned
Unknown
COMMENT
COMMENT
January 16, 2018

Over the last 2-3 years, this has had a pretty good run. Had a pullback in the last 6 months, but longer-term it’s a good opportunity. Pipelines tend to be more stable assets that benefit you when the market goes down. When we go into recession, these assets will hold up because it is a pretty steady business. A lot of institutional managers are taking there weighting down a little, so in the short term there has been some pressure for underperformance in the sector. Long-term, this is a good sector to invest in.

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TC Energy (TRP-T)
January 16, 2018

Over the last 2-3 years, this has had a pretty good run. Had a pullback in the last 6 months, but longer-term it’s a good opportunity. Pipelines tend to be more stable assets that benefit you when the market goes down. When we go into recession, these assets will hold up because it is a pretty steady business. A lot of institutional managers are taking there weighting down a little, so in the short term there has been some pressure for underperformance in the sector. Long-term, this is a good sector to invest in.

Alex Ruus

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Price
$59.720
Owned
Unknown
COMMENT
COMMENT
January 16, 2018

Probably the worst performing large cap in the US last year. They are so big and there is so much stuff in them that you don't necessarily really know what is going on inside. If you own this, it is probably a Hold, as he doesn't see much more downside. It sounds like there could be a couple of more pieces of bad news to come. Have some great assets long-term, and expects the company to get back on its feet, and march forward over the next 5 years.

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General Electric (GE-N)
January 16, 2018

Probably the worst performing large cap in the US last year. They are so big and there is so much stuff in them that you don't necessarily really know what is going on inside. If you own this, it is probably a Hold, as he doesn't see much more downside. It sounds like there could be a couple of more pieces of bad news to come. Have some great assets long-term, and expects the company to get back on its feet, and march forward over the next 5 years.

Alex Ruus

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Price
$18.210
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
January 16, 2018

(A Top Pick May 15/17. Up 34%.) US #2 healthcare insurer. A long term holding for him. Historically it has been extremely cheap and undervalued by the market. In today's world, where healthcare spending has become such a big part of governments budgets, this is one of the solutions to controlling healthcare spending. He still likes this. Trades at about 15X 2018 earnings, a 1.2% dividend, and almost 8% free cash flow yield, so is still cheap and has more upside.

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Anthem Inc (ANTM-N)
January 16, 2018

(A Top Pick May 15/17. Up 34%.) US #2 healthcare insurer. A long term holding for him. Historically it has been extremely cheap and undervalued by the market. In today's world, where healthcare spending has become such a big part of governments budgets, this is one of the solutions to controlling healthcare spending. He still likes this. Trades at about 15X 2018 earnings, a 1.2% dividend, and almost 8% free cash flow yield, so is still cheap and has more upside.

PAST TOP PICK
PAST TOP PICK
January 16, 2018

(A Top Pick May 15/17. Up 7%.) This probably still has more potential. Royalty companies are the definition of low cost providers. This has about a 4% dividend yield, which should go up a little every year. Trades at probably half the valuation of its comparable PrairieSky (PSK-T). Very attractive and has lots of upside.

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Freehold Royalties (FRU-T)
January 16, 2018

(A Top Pick May 15/17. Up 7%.) This probably still has more potential. Royalty companies are the definition of low cost providers. This has about a 4% dividend yield, which should go up a little every year. Trades at probably half the valuation of its comparable PrairieSky (PSK-T). Very attractive and has lots of upside.