Latest Expert Opinions

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
May 31, 2019
(A Top Pick May 15/18, Down 55%) It has suffered like all junior energy holdings. He exited as they want to have a better sense about the Canadian regulatory environment. They have kept their balance sheet strong.
(A Top Pick May 15/18, Down 55%) It has suffered like all junior energy holdings. He exited as they want to have a better sense about the Canadian regulatory environment. They have kept their balance sheet strong.
James Hodgins
Chief Investment Officer, Curvature Hedge Strategies
Price
$0.860
Owned
No
PAST TOP PICK
PAST TOP PICK
May 31, 2019
(A Top Pick May 15/18, Down 73%) A miner and processor of phosphate -- a precursor to potash. They took over a bankrupt project in Brazil, which they liked from a speculative perspective. They have had technical difficulty with the project and it did not work. If you are patient, it should eventually pay off, but he exited it a while ago.
Itafos (IFOS-X)
May 31, 2019
(A Top Pick May 15/18, Down 73%) A miner and processor of phosphate -- a precursor to potash. They took over a bankrupt project in Brazil, which they liked from a speculative perspective. They have had technical difficulty with the project and it did not work. If you are patient, it should eventually pay off, but he exited it a while ago.
James Hodgins
Chief Investment Officer, Curvature Hedge Strategies
Price
$0.000
Owned
No
PAST TOP PICK
PAST TOP PICK
May 31, 2019
(A Top Pick May 15/18, Down 6%) A play on two emerging growth themes -- e-sports and betting. He is very bullish on e-sports for younger consumers all around the world.
(A Top Pick May 15/18, Down 6%) A play on two emerging growth themes -- e-sports and betting. He is very bullish on e-sports for younger consumers all around the world.
James Hodgins
Chief Investment Officer, Curvature Hedge Strategies
Price
$0.375
Owned
Yes
SHORT
SHORT
May 31, 2019
He has not been following it recently. They were involved in 4G technology in the past. He actually has a small short position.
He has not been following it recently. They were involved in 4G technology in the past. He actually has a small short position.
James Hodgins
Chief Investment Officer, Curvature Hedge Strategies
Price
$1.500
Owned
No
COMMENT
COMMENT
May 31, 2019
He has liked the project in South America, but it has had issues with geopolitical issues. It appears very cheap he think.
He has liked the project in South America, but it has had issues with geopolitical issues. It appears very cheap he think.
James Hodgins
Chief Investment Officer, Curvature Hedge Strategies
Price
$0.900
Owned
No
DON'T BUY
DON'T BUY
May 31, 2019
Their build out was focused on the oil sands and that could hurt them. He thinks the dividend is safe, but does not see investors coming back to trade the stock at the multiples of the past.
Their build out was focused on the oil sands and that could hurt them. He thinks the dividend is safe, but does not see investors coming back to trade the stock at the multiples of the past.
James Hodgins
Chief Investment Officer, Curvature Hedge Strategies
Price
$20.600
Owned
No
BUY
BUY
May 31, 2019

Dividend safe? The payout ratio is in the high 50% level -- it should be safe. They extended their agreement with Air Canada to 2035 and received capital for their leasing business. He likes the stock and thinks it trades undervalued and the dividend could increase. Their earnings are not as correlated to the economy as with Air Canada, so he has made this his largest equity position.

Dividend safe? The payout ratio is in the high 50% level -- it should be safe. They extended their agreement with Air Canada to 2035 and received capital for their leasing business. He likes the stock and thinks it trades undervalued and the dividend could increase. Their earnings are not as correlated to the economy as with Air Canada, so he has made this his largest equity position.

James Hodgins
Chief Investment Officer, Curvature Hedge Strategies
Price
$7.460
Owned
Yes