Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
May 25, 2018

The stock has been sideways. They're rebranding to Circle K, the U.S. branding, here in Canada and eventually in Europe. The stock hasn't done anything wrong, but it's a consumer stock lumped into the consumer sector, which is struggling. He's worried about their next report--they may be squeezed on margins due to rising oil, but overall he likes this stock for the long term.

The stock has been sideways. They're rebranding to Circle K, the U.S. branding, here in Canada and eventually in Europe. The stock hasn't done anything wrong, but it's a consumer stock lumped into the consumer sector, which is struggling. He's worried about their next report--they may be squeezed on margins due to rising oil, but overall he likes this stock for the long term.

Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$54.590
Owned
Unknown
COMMENT
COMMENT
May 25, 2018

The parent, Enbridge, will take this in. Since that news, the Fund has lifted and is trading in line with ENB. He thinks the pipelines are a good place to be now. He sees good growth here and you're being paid a decent dividend.

The parent, Enbridge, will take this in. Since that news, the Fund has lifted and is trading in line with ENB. He thinks the pipelines are a good place to be now. He sees good growth here and you're being paid a decent dividend.

Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$28.570
Owned
Unknown
COMMENT
COMMENT
May 25, 2018

It's a small-cap Couche-Tard based in the west. They picked up a refinery, which now looks smart, because oil prices have since risen. That said, he prefers Couche-Tard.

It's a small-cap Couche-Tard based in the west. They picked up a refinery, which now looks smart, because oil prices have since risen. That said, he prefers Couche-Tard.

Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$30.440
Owned
Unknown
DON'T BUY
DON'T BUY
May 25, 2018

This is a growth story, not a defensive staple one (a struggling sector lately). But his concern about DOL it that it's trading at 28x earnings, so it's expensive. So, at the next misstep that happens to them, like an earnings miss, this stock will drop. It's well-managed and they haven't seriously missed an earnings in the past, though. It's come off its highs, getting way, way expensive and now only slightly expensive.

This is a growth story, not a defensive staple one (a struggling sector lately). But his concern about DOL it that it's trading at 28x earnings, so it's expensive. So, at the next misstep that happens to them, like an earnings miss, this stock will drop. It's well-managed and they haven't seriously missed an earnings in the past, though. It's come off its highs, getting way, way expensive and now only slightly expensive.

Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$150.910
Owned
Unknown
COMMENT
COMMENT
May 25, 2018

One of the heavy oil producers. They made an acqusition of Aurora at the wrong time, so they got stuck with bad oil prices and wound up with a rocky balance sheet. The oil differentials have recently narrowed in their favour, but analysts expect them to expand back over the summer. The balance sheet has improved.

One of the heavy oil producers. They made an acqusition of Aurora at the wrong time, so they got stuck with bad oil prices and wound up with a rocky balance sheet. The oil differentials have recently narrowed in their favour, but analysts expect them to expand back over the summer. The balance sheet has improved.

Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$5.370
Owned
Unknown
HOLD
HOLD
May 25, 2018

His entry point was $100. Industrials are a way to play mid-America, like grain and cars. There's only a modest upside now of 5% plus dividend at today's $109 share price.

His entry point was $100. Industrials are a way to play mid-America, like grain and cars. There's only a modest upside now of 5% plus dividend at today's $109 share price.

Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$108.990
Owned
Yes
DON'T BUY
DON'T BUY
May 25, 2018

He held it for years and sold it at $53, because it was getting expensive. Also, there was nothing left to do in the Canadian cinema industry after acquiring Famous Players, etc. They have a smart CEO. The Recroom and their new golfing game are good moves. But these new operations need time to raise the share price. By 2020, they want cinemas to occupy only 60% of their operations. It's still trades at a higher multiple than American counterparts.

Cineplex Inc (CGX-T)
May 25, 2018

He held it for years and sold it at $53, because it was getting expensive. Also, there was nothing left to do in the Canadian cinema industry after acquiring Famous Players, etc. They have a smart CEO. The Recroom and their new golfing game are good moves. But these new operations need time to raise the share price. By 2020, they want cinemas to occupy only 60% of their operations. It's still trades at a higher multiple than American counterparts.

Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$29.680
Owned
No