Latest Expert Opinions

Signal
Opinion
Expert
WATCH
WATCH
February 7, 2018

Is the dividend sustainable? He sold their position about three weeks ago. They made a massive acquisition with WGL, but it has not been finalized and that has been a problem – he thinks it may take a year to get regulatory approval. They loaded up with debt for this transaction, which may require them to sell some of their assets later on. Overall, he likes the acquisition and the company.

Altagas Ltd (ALA-T)
February 7, 2018

Is the dividend sustainable? He sold their position about three weeks ago. They made a massive acquisition with WGL, but it has not been finalized and that has been a problem – he thinks it may take a year to get regulatory approval. They loaded up with debt for this transaction, which may require them to sell some of their assets later on. Overall, he likes the acquisition and the company.

Paul Gardner, CFA
Partner and Portfolio Manager, Avenue Investment Management
Price
$26.560
Owned
No
WATCH
WATCH
February 7, 2018

They owned hotels in smaller US markets along railroad lines. When margins got squeezed they diversified and focused on business travelers. It is cheap and the dividend looks safe. Buying on US GDP growth. Yield 8%.

They owned hotels in smaller US markets along railroad lines. When margins got squeezed they diversified and focused on business travelers. It is cheap and the dividend looks safe. Buying on US GDP growth. Yield 8%.

Paul Gardner, CFA
Partner and Portfolio Manager, Avenue Investment Management
Price
$8.990
Owned
No
DON'T BUY
DON'T BUY
February 7, 2018

Is the dividend sustainable? Dividend was cut 40-50% in December’s reorganization. They became unfocused and aligned with Target and Sears locations. Would stay away from this.

Is the dividend sustainable? Dividend was cut 40-50% in December’s reorganization. They became unfocused and aligned with Target and Sears locations. Would stay away from this.

Paul Gardner, CFA
Partner and Portfolio Manager, Avenue Investment Management
Price
$13.950
Owned
Unknown
COMMENT
COMMENT
February 7, 2018

Extendicare Inc. (EXE-T) vs Chartwell(CSH.UN-T) He favours Chartwell over Extendicare, because they became overextended in the US market and have litigation issues. Whereas Chartwell has re-focused their plan quicker.

Extendicare Inc (EXE-T)
February 7, 2018

Extendicare Inc. (EXE-T) vs Chartwell(CSH.UN-T) He favours Chartwell over Extendicare, because they became overextended in the US market and have litigation issues. Whereas Chartwell has re-focused their plan quicker.

Paul Gardner, CFA
Partner and Portfolio Manager, Avenue Investment Management
Price
$8.490
Owned
No
COMMENT
COMMENT
February 7, 2018

Extendicare Inc. (EXE-T) vs Chartwell(CSH.UN-T) He favours Chartwell over Extendicare, because they became overextended in the US market and have litigation issues. Whereas Chartwell has re-focused their plan quicker.

Extendicare Inc. (EXE-T) vs Chartwell(CSH.UN-T) He favours Chartwell over Extendicare, because they became overextended in the US market and have litigation issues. Whereas Chartwell has re-focused their plan quicker.

Paul Gardner, CFA
Partner and Portfolio Manager, Avenue Investment Management
Price
$15.040
Owned
No
HOLD
HOLD
February 7, 2018

Do you see any dividend increases? They had a couple of soft quarters. He thinks the easy money in the US is gone. He thinks they have the funding to expand and it trades at good value. There is no ability to go higher. Would stand pat.

Do you see any dividend increases? They had a couple of soft quarters. He thinks the easy money in the US is gone. He thinks they have the funding to expand and it trades at good value. There is no ability to go higher. Would stand pat.

Paul Gardner, CFA
Partner and Portfolio Manager, Avenue Investment Management
Price
$6.080
Owned
No
DON'T BUY
DON'T BUY
February 7, 2018

Are the dividends safe? Artis has been getting out of their Alberta holdings. The management is good, but it still trades at a premium. He thinks they have good assets in Minnesota to offset their Alberta holdings. It still is too focused out west and is a proxy for the western market with higher vacancy rates and lower oil prices. There are better companies that are not too concentrated on interest rates. The industrial REIT sector has outperformed, for example.

Are the dividends safe? Artis has been getting out of their Alberta holdings. The management is good, but it still trades at a premium. He thinks they have good assets in Minnesota to offset their Alberta holdings. It still is too focused out west and is a proxy for the western market with higher vacancy rates and lower oil prices. There are better companies that are not too concentrated on interest rates. The industrial REIT sector has outperformed, for example.

Paul Gardner, CFA
Partner and Portfolio Manager, Avenue Investment Management
Price
$13.640
Owned
Unknown