Latest Expert Opinions

Signal
Opinion
Expert
BUY WEAKNESS
BUY WEAKNESS
September 17, 2018

Pays a meager dividend, since it's a growth company. Same store sales guidance was lower than what the street expected, so the stock was hammered last week. It's still a great company with a good balance sheet and expansion plans. See what happens in the next few weeks and peck away at it.

Dollarama Inc. (DOL-T)
September 17, 2018

Pays a meager dividend, since it's a growth company. Same store sales guidance was lower than what the street expected, so the stock was hammered last week. It's still a great company with a good balance sheet and expansion plans. See what happens in the next few weeks and peck away at it.

Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$42.580
Owned
No
HOLD
HOLD
September 17, 2018

Been slumping lately, but a great company with a fine track record. The emerging markets, where their investments are, are pressuring this stock. The Enercare purchase is good. Stick with it.

Been slumping lately, but a great company with a fine track record. The emerging markets, where their investments are, are pressuring this stock. The Enercare purchase is good. Stick with it.

Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$51.540
Owned
Unknown
COMMENT
COMMENT
September 17, 2018

A long-term holding for him.. It has increased its dividends a lot over history, though the recent share price is lagging its peers. Dividend increases are going down. A few acquisitions like Manitbo Tel, could wring out some synergies, but there are no new purchaes to support future dividend growth.

BCE Inc. (BCE-T)
September 17, 2018

A long-term holding for him.. It has increased its dividends a lot over history, though the recent share price is lagging its peers. Dividend increases are going down. A few acquisitions like Manitbo Tel, could wring out some synergies, but there are no new purchaes to support future dividend growth.

Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$52.600
Owned
Yes
DON'T BUY
DON'T BUY
September 17, 2018

With the Ontario government still owning a big part of this, he's avoided it. There's no difference between the old and new boards. A U.S. acqusition is on hold, perhaps out of worry--the new board has to decide whether to go ahead or now. Their transmission side is coming up for regulatory hearings next year which could be difficult.

Hydro One (H-T)
September 17, 2018

With the Ontario government still owning a big part of this, he's avoided it. There's no difference between the old and new boards. A U.S. acqusition is on hold, perhaps out of worry--the new board has to decide whether to go ahead or now. Their transmission side is coming up for regulatory hearings next year which could be difficult.

Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$19.870
Owned
Unknown
HOLD
HOLD
September 17, 2018

LIkes it. They did a purchase in Canada, though it traditionally has diversified outside Canada. But they found it hard to buy good properties in Europe where offshore gas operations are declining. Instead, they bought some cheap assets in Canada. Debt has put pressure on the stock. Pays a safe dividend. He'll hold onto it.

Vermilion Energy Inc (VET-T)
September 17, 2018

LIkes it. They did a purchase in Canada, though it traditionally has diversified outside Canada. But they found it hard to buy good properties in Europe where offshore gas operations are declining. Instead, they bought some cheap assets in Canada. Debt has put pressure on the stock. Pays a safe dividend. He'll hold onto it.

Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$40.860
Owned
Yes
COMMENT
COMMENT
September 17, 2018

Enbridge wants to buy ENF to simplify their corporate structure. In the States, Enbridge offered a small premium, while in Canada, they offered a premium. He suspects the directors of ENF-T are waiting for a higher premium (or that's what he would do). Pays a higher yield than Enbridge Inc. but lacks the dividend growth potential.

Enbridge wants to buy ENF to simplify their corporate structure. In the States, Enbridge offered a small premium, while in Canada, they offered a premium. He suspects the directors of ENF-T are waiting for a higher premium (or that's what he would do). Pays a higher yield than Enbridge Inc. but lacks the dividend growth potential.

Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$32.650
Owned
Unknown
TOP PICK
TOP PICK
September 17, 2018

Stock is down 8% YTD. Maybe they overpaid in recent purchases--we'll see in a few years if it paid off. More pressure comes from the NAFTA talks, since BNS has operations in Mexico. There's also weakness in emerging markets, and BNS has more exposure there than the other big banks. However, their last quarter--core earnings and domestic retail was fine, with international retail better than expected. This will go from the worst to the best perfomer in this space. (4.5% dividend, Analysts' price target: $85.46)

Bank of Nova Scotia (BNS-T)
September 17, 2018

Stock is down 8% YTD. Maybe they overpaid in recent purchases--we'll see in a few years if it paid off. More pressure comes from the NAFTA talks, since BNS has operations in Mexico. There's also weakness in emerging markets, and BNS has more exposure there than the other big banks. However, their last quarter--core earnings and domestic retail was fine, with international retail better than expected. This will go from the worst to the best perfomer in this space. (4.5% dividend, Analysts' price target: $85.46)

Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$76.100
Owned
Yes