Latest Expert Opinions

Signal
Opinion
Expert
PARTIAL SELL
PARTIAL SELL
June 17, 2019
It has been one of his favourite Quebec companies for some time. It has run to the extent where he is considering taking some profits. We are going to see much more turn-over and replacement for aircraft and that means demand for CAE. Increased pilot retirement will also create more demand for CAE products. (Analysts’ price target is $36.00)
CAE Inc (CAE-T)
June 17, 2019
It has been one of his favourite Quebec companies for some time. It has run to the extent where he is considering taking some profits. We are going to see much more turn-over and replacement for aircraft and that means demand for CAE. Increased pilot retirement will also create more demand for CAE products. (Analysts’ price target is $36.00)
Michael Sprung
President, Sprung Investment Management
Price
$34.530
Owned
Yes
BUY
BUY
June 17, 2019
He likes them as a company. He likes how management has organized the company and all of its arms. The dividend is not great but overall if you are a long term believer in the development of infrastructure, it is a good overall macro entity to hold.
He likes them as a company. He likes how management has organized the company and all of its arms. The dividend is not great but overall if you are a long term believer in the development of infrastructure, it is a good overall macro entity to hold.
Michael Sprung
President, Sprung Investment Management
Price
$63.240
Owned
Unknown
DON'T BUY
DON'T BUY
June 17, 2019
They have been an amazing company in terms of expansion in terms of both acquisition and organic growth. We have seen significant increases in pricing they have at convenience stores. On the other hand, their multiples are getting high. He'd be careful just based on valuation at this juncture.
They have been an amazing company in terms of expansion in terms of both acquisition and organic growth. We have seen significant increases in pricing they have at convenience stores. On the other hand, their multiples are getting high. He'd be careful just based on valuation at this juncture.
Michael Sprung
President, Sprung Investment Management
Price
$87.440
Owned
Unknown
BUY
BUY
June 17, 2019
He feels the dividend is safe. They have enough expansion over the next few years that their cash flows should increase. It is reflecting fairly good value at this level.
He feels the dividend is safe. They have enough expansion over the next few years that their cash flows should increase. It is reflecting fairly good value at this level.
Michael Sprung
President, Sprung Investment Management
Price
$19.820
Owned
Yes
DON'T BUY
DON'T BUY
June 17, 2019
You are dependent on a lot of mining and infrastructure for oil and gas. He does not see any compelling reason to jump into it at these levels.
Finning Int (FTT-T)
June 17, 2019
You are dependent on a lot of mining and infrastructure for oil and gas. He does not see any compelling reason to jump into it at these levels.
Michael Sprung
President, Sprung Investment Management
Price
$23.130
Owned
No
PAST TOP PICK
PAST TOP PICK
June 17, 2019
(A Top Pick May 30/18, Up 3%) He liked it then and likes it even more now. Lifecos are a good defensive play at this time, especially when they are all so well capitalized.
(A Top Pick May 30/18, Up 3%) He liked it then and likes it even more now. Lifecos are a good defensive play at this time, especially when they are all so well capitalized.
Michael Sprung
President, Sprung Investment Management
Price
$52.840
Owned
Yes
PAST TOP PICK
PAST TOP PICK
June 17, 2019
(A Top Pick May 30/18, Down 52%) It is not working out at all. It still has potential in the portfolio and he has not bailed out of it. The leverage on the industry is huge. It is a high risk / high reward play. The payout down the road on a small part of your portfolio could be quite huge.
(A Top Pick May 30/18, Down 52%) It is not working out at all. It still has potential in the portfolio and he has not bailed out of it. The leverage on the industry is huge. It is a high risk / high reward play. The payout down the road on a small part of your portfolio could be quite huge.
Michael Sprung
President, Sprung Investment Management
Price
$2.290
Owned
Yes