Latest Expert Opinions

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
March 26, 2019
He feels badly about HCG. It had an enviable record as a lender until it got hit by short sellers. Berkshire-Hathaway was a white knight. True, some mortgage documents had some falsified information, but HGC never had bad debts. HGC was a victim of a concocted story and the short-sellers benefitted. B-H rescused HGC, but HGC has never restored its profitability, especially with new restrictions on first-time homey buyers. He has huge sympathy for HGC, but he wouldn't buy it. If you own it, hold.
He feels badly about HCG. It had an enviable record as a lender until it got hit by short sellers. Berkshire-Hathaway was a white knight. True, some mortgage documents had some falsified information, but HGC never had bad debts. HGC was a victim of a concocted story and the short-sellers benefitted. B-H rescused HGC, but HGC has never restored its profitability, especially with new restrictions on first-time homey buyers. He has huge sympathy for HGC, but he wouldn't buy it. If you own it, hold.
David Baskin
President, Baskin Wealth Management
Price
$16.120
Owned
No
BUY
BUY
March 26, 2019
They consult in high-end executives. KFY is ecomomically sensitive (who would hire a COO in a recession?). But he doesn't see a recession coming. KFY is now a buying opportunity.
They consult in high-end executives. KFY is ecomomically sensitive (who would hire a COO in a recession?). But he doesn't see a recession coming. KFY is now a buying opportunity.
David Baskin
President, Baskin Wealth Management
Price
$44.870
Owned
Unknown
BUY
BUY
March 26, 2019
You own a terrific operating business, a re-insurance business, but BRK invests--not in bonds--but first-class companies to make a lot more money. They own, for example American Express and Delta Airlines. They haven't lost their touch and good successors are waiting.
You own a terrific operating business, a re-insurance business, but BRK invests--not in bonds--but first-class companies to make a lot more money. They own, for example American Express and Delta Airlines. They haven't lost their touch and good successors are waiting.
David Baskin
President, Baskin Wealth Management
Price
$300961.000
Owned
Yes
BUY
BUY
March 26, 2019
He liked this so much because the old Wynne government in Ontario re-imposed rent controls which discouraged the construction of new apartments. CAR.UN has excellent management, However, will the Ford government remove rent control and encourage developers to go into high-end apartments? If so, it could take 5 years to create an oversupply of apartments, so he feels safe with this REIT. CAR.UN holds first-class assets.
He liked this so much because the old Wynne government in Ontario re-imposed rent controls which discouraged the construction of new apartments. CAR.UN has excellent management, However, will the Ford government remove rent control and encourage developers to go into high-end apartments? If so, it could take 5 years to create an oversupply of apartments, so he feels safe with this REIT. CAR.UN holds first-class assets.
David Baskin
President, Baskin Wealth Management
Price
$51.700
Owned
Yes
DON'T BUY
DON'T BUY
March 26, 2019
The gold industry gets a lot of attention but just isn't important, not anymore in Canada. These companies have shrunk a lot, and ABX's stock chart has declined like its peers. Yet, the gold biz still gets a lot of attention. He own no gold at all. Gold doesn't pay dividends. Gold is purely speculative.
Barrick Gold (ABX-T)
March 26, 2019
The gold industry gets a lot of attention but just isn't important, not anymore in Canada. These companies have shrunk a lot, and ABX's stock chart has declined like its peers. Yet, the gold biz still gets a lot of attention. He own no gold at all. Gold doesn't pay dividends. Gold is purely speculative.
David Baskin
President, Baskin Wealth Management
Price
$19.420
Owned
No
WEAK BUY
WEAK BUY
March 26, 2019
It's been a rollercoaster, killed in Q4. but he's expected a big year in the cinemas in Q2 and Q3 with a lot of box office money to be made. Also, the Rec Rooms and selling wine and beer in all theatres are good diversifiers. CGX competes with home video streaming, though. CGX is priced at a big discount to its profits in Q2 and Q3 and to its American peers. This is a contrarian play on move-going.
Cineplex Inc (CGX-T)
March 26, 2019
It's been a rollercoaster, killed in Q4. but he's expected a big year in the cinemas in Q2 and Q3 with a lot of box office money to be made. Also, the Rec Rooms and selling wine and beer in all theatres are good diversifiers. CGX competes with home video streaming, though. CGX is priced at a big discount to its profits in Q2 and Q3 and to its American peers. This is a contrarian play on move-going.
David Baskin
President, Baskin Wealth Management
Price
$24.000
Owned
Yes
BUY
BUY
March 26, 2019
Heavy credit card use in Scandinavia Denmark is 90% non-cash, but only 20% of the world has credit cards. Asia doesn't, so there's huge growth potential for Visa as well as Mastercard. As for Apple payments, he's not sure who will process their payments. The future is to use your smartphone and credit card to pay for things, not cash, and less and less.
Visa Inc. (V-N)
March 26, 2019
Heavy credit card use in Scandinavia Denmark is 90% non-cash, but only 20% of the world has credit cards. Asia doesn't, so there's huge growth potential for Visa as well as Mastercard. As for Apple payments, he's not sure who will process their payments. The future is to use your smartphone and credit card to pay for things, not cash, and less and less.
David Baskin
President, Baskin Wealth Management
Price
$155.300
Owned
Unknown