Latest Expert Opinions

Signal
Opinion
Expert
HOLD
HOLD
March 26, 2018

He thinks the high dividend yield is a warning and he holds a small short position. There have been issues with some historical investments, he says. Management has said it will be able to deploy more capital than the market was expecting. He calls this a hold for now. Yield 9%.

Alaris Royalty (AD-T)
March 26, 2018

He thinks the high dividend yield is a warning and he holds a small short position. There have been issues with some historical investments, he says. Management has said it will be able to deploy more capital than the market was expecting. He calls this a hold for now. Yield 9%.

James Hodgins
Chief Investment Officer, Curvature Hedge Strategies
Price
$16.980
Owned
No
WATCH
WATCH
March 26, 2018

his company has a large rock quarry in BC, he says, and their biggest customers are in California. If there is a big infrastructure bill put forward in the US and if cement will be sourced from Canada, this company would directly benefit.

his company has a large rock quarry in BC, he says, and their biggest customers are in California. If there is a big infrastructure bill put forward in the US and if cement will be sourced from Canada, this company would directly benefit.

James Hodgins
Chief Investment Officer, Curvature Hedge Strategies
Price
$17.540
Owned
No
DON'T BUY
DON'T BUY
March 26, 2018

He holds a very small short position in this. Anything above 5-6% for a dividend yield suggests the dividend could be at risk, he suggests. Insiders have been buying the stock aggressively, suggesting they may be trying to take it private. It is difficult to know the value of the company due to the leverage. Yield 19.6%.

He holds a very small short position in this. Anything above 5-6% for a dividend yield suggests the dividend could be at risk, he suggests. Insiders have been buying the stock aggressively, suggesting they may be trying to take it private. It is difficult to know the value of the company due to the leverage. Yield 19.6%.

James Hodgins
Chief Investment Officer, Curvature Hedge Strategies
Price
$6.225
Owned
No
HOLD
HOLD
March 26, 2018

He thinks the threat of higher interest rates is hurting this. The potential tax on LLPs in the US is also impacting value. He thinks there is negative sentiment on big Canadian companies looking to do bid projects in the US. He thinks management is doing a fine job and the dividend is not at risk.

Enbridge (ENB-T)
March 26, 2018

He thinks the threat of higher interest rates is hurting this. The potential tax on LLPs in the US is also impacting value. He thinks there is negative sentiment on big Canadian companies looking to do bid projects in the US. He thinks management is doing a fine job and the dividend is not at risk.

James Hodgins
Chief Investment Officer, Curvature Hedge Strategies
Price
$38.520
Owned
Unknown
DON'T BUY
DON'T BUY
March 26, 2018

He has a small short on this. He is not worried about the sustainability of the dividend as this used to trade as a royalty income fund as all the cash flow is paid as dividends. Overall he sees mid-sized Canadian consumer companies at risk in general, especially if the real estate market rolls over. Yield 7%.

He has a small short on this. He is not worried about the sustainability of the dividend as this used to trade as a royalty income fund as all the cash flow is paid as dividends. Overall he sees mid-sized Canadian consumer companies at risk in general, especially if the real estate market rolls over. Yield 7%.

James Hodgins
Chief Investment Officer, Curvature Hedge Strategies
Price
$19.850
Owned
No
WATCH
WATCH
March 26, 2018

He does not hold a significant position in this at the moment. If you know where oil prices will be, you will know what to do. He thinks management may be looking to divest themselves of operating assets in favour of holding only royalty assets. If that was done, he believes, the company could get a positive re-valuation rating. He is therefore watching this as a potential buy soon.

He does not hold a significant position in this at the moment. If you know where oil prices will be, you will know what to do. He thinks management may be looking to divest themselves of operating assets in favour of holding only royalty assets. If that was done, he believes, the company could get a positive re-valuation rating. He is therefore watching this as a potential buy soon.

James Hodgins
Chief Investment Officer, Curvature Hedge Strategies
Price
$12.670
Owned
No
BUY
BUY
March 26, 2018

A spin-off from Loblaw; most properties are Loblaw locations. The interesting is the merger with another REIT. Good thing is the wider exposure to other sectors, but the bad thing is losing focus from the grocery retail sector. Overall, the merger is a good thing--it's a more liquid company. Over time, should see higher multiples.

A spin-off from Loblaw; most properties are Loblaw locations. The interesting is the merger with another REIT. Good thing is the wider exposure to other sectors, but the bad thing is losing focus from the grocery retail sector. Overall, the merger is a good thing--it's a more liquid company. Over time, should see higher multiples.

Jim Huang
President, T.I.P. Wealth Management
Price
$11.690
Owned
Unknown