Latest Expert Opinions

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
May 3, 2018

(A Top Pick Feb 8/17, Down 11%) There was the rapid move on interest rates. It trades at a 20% discount to NAV, now closer to 25%. Long term it will work out but the market is digesting an acquisition causing them to issue stock. The acquired company was in an index but BPY.UN-T is not so some will have to sell the stock received as part of the acquisition.

(A Top Pick Feb 8/17, Down 11%) There was the rapid move on interest rates. It trades at a 20% discount to NAV, now closer to 25%. Long term it will work out but the market is digesting an acquisition causing them to issue stock. The acquired company was in an index but BPY.UN-T is not so some will have to sell the stock received as part of the acquisition.

Robert Lauzon
Deputy Chief Investment Officer, Middlefield Capital Corporation
Price
$24.820
Owned
Yes
DON'T BUY
DON'T BUY
May 3, 2018

The market does not think T-Mobile and Sprint will merge. There is other competition when it comes to how we communicate. T-N has to spend a lot of money to upgrade their systems to 5G. Their dividend coverage is getting less and less. He prefers T-Mobile.

A T & T US (T-N)
May 3, 2018

The market does not think T-Mobile and Sprint will merge. There is other competition when it comes to how we communicate. T-N has to spend a lot of money to upgrade their systems to 5G. Their dividend coverage is getting less and less. He prefers T-Mobile.

Robert Lauzon
Deputy Chief Investment Officer, Middlefield Capital Corporation
Price
$31.940
Owned
No
DON'T BUY
DON'T BUY
May 3, 2018

The dividend will not likely be cut again. You have to wait until Uranium prices rise and that would be good for this stock but they would not rush to increase the old dividend level. The dividend is almost irrelevant.

The dividend will not likely be cut again. You have to wait until Uranium prices rise and that would be good for this stock but they would not rush to increase the old dividend level. The dividend is almost irrelevant.

Robert Lauzon
Deputy Chief Investment Officer, Middlefield Capital Corporation
Price
$14.400
Owned
Unknown
BUY
BUY
May 3, 2018

They issued stock 4 months or so ago. There is not a lot of demand for mid-cap stocks in Canada. The deal struggled even though the company was doing quite well. This put an overhang on the stock. When Air Canada reported, they said they would be using Rouge more often and CHR-T stock dropped even though they had a long term contract with Air Canada. The dividend is safe. He is looking at buying more now that it has been hit.

They issued stock 4 months or so ago. There is not a lot of demand for mid-cap stocks in Canada. The deal struggled even though the company was doing quite well. This put an overhang on the stock. When Air Canada reported, they said they would be using Rouge more often and CHR-T stock dropped even though they had a long term contract with Air Canada. The dividend is safe. He is looking at buying more now that it has been hit.

Robert Lauzon
Deputy Chief Investment Officer, Middlefield Capital Corporation
Price
$7.520
Owned
Yes
HOLD
HOLD
May 3, 2018

It is a cash cow. He does not mind their business but is not overweight telcos. He would refer Shaw (SJR.B-T) if was buying a telco.

BCE Inc. (BCE-T)
May 3, 2018

It is a cash cow. He does not mind their business but is not overweight telcos. He would refer Shaw (SJR.B-T) if was buying a telco.

Robert Lauzon
Deputy Chief Investment Officer, Middlefield Capital Corporation
Price
$53.200
Owned
No
BUY
BUY
May 3, 2018

What happened over the last year he was waiting for 4 years to happen. Most cash flow does not come from the ticket but from the food. It has finally hit the company that traffic is lower and will be forever. The stock has now reached the level it was going to drop to anyway. This is the time to average down.

What happened over the last year he was waiting for 4 years to happen. Most cash flow does not come from the ticket but from the food. It has finally hit the company that traffic is lower and will be forever. The stock has now reached the level it was going to drop to anyway. This is the time to average down.

Robert Lauzon
Deputy Chief Investment Officer, Middlefield Capital Corporation
Price
$28.170
Owned
No
TOP PICK
TOP PICK
May 3, 2018

It is not the same company of 5 years ago. All the headwinds are now tailwinds. They are becoming cash flow positive and paying down debt. It is quite attractive, being a utility. (Analysts’ target: $8.20).

It is not the same company of 5 years ago. All the headwinds are now tailwinds. They are becoming cash flow positive and paying down debt. It is quite attractive, being a utility. (Analysts’ target: $8.20).

Robert Lauzon
Deputy Chief Investment Officer, Middlefield Capital Corporation
Price
$6.880
Owned
Yes