Latest Expert Opinions

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
June 17, 2019
(A Top Pick May 30/18, Down 19%) It has been up and down over the last year. It is still one of his favourite stocks within the metals and minerals. They did a great deal to clean up operations in Manitoba. There is potential for increases in cash flows down the road. He'd stick with it.
(A Top Pick May 30/18, Down 19%) It has been up and down over the last year. It is still one of his favourite stocks within the metals and minerals. They did a great deal to clean up operations in Manitoba. There is potential for increases in cash flows down the road. He'd stick with it.
Michael Sprung
President, Sprung Investment Management
Price
$6.920
Owned
Yes
BUY
BUY
June 17, 2019
Foreign investors are fleeing the country and now this company is doing so because it is now very much an American company after recent acquisitions. He would recommend this company at these levels. It is trading at about 10 times earnings and a slight discount to book value. Any kind of good news in Canada will bode well for this stock.
Encana Corp (ECA-T)
June 17, 2019
Foreign investors are fleeing the country and now this company is doing so because it is now very much an American company after recent acquisitions. He would recommend this company at these levels. It is trading at about 10 times earnings and a slight discount to book value. Any kind of good news in Canada will bode well for this stock.
Michael Sprung
President, Sprung Investment Management
Price
$6.460
Owned
Unknown
DON'T BUY
DON'T BUY
June 17, 2019
This is a company that has struggled over the last 10 years to turn around. People are now saying 'where are the earnings and benefits for the shareholders'. He does not know what is going to happen but can't build a fundamental case for owning it.
BlackBerry (BB-T)
June 17, 2019
This is a company that has struggled over the last 10 years to turn around. People are now saying 'where are the earnings and benefits for the shareholders'. He does not know what is going to happen but can't build a fundamental case for owning it.
Michael Sprung
President, Sprung Investment Management
Price
$11.570
Owned
Unknown
HOLD
HOLD
June 17, 2019
They bought a UK company with their largest markets being the UK and Hong Kong. Those two markets have been depressed. It could turn out in the long run to be a very good move for NFI-T. He thinks their dividend is fairly safe at these levels. Longer term he thinks they are in a good position.
They bought a UK company with their largest markets being the UK and Hong Kong. Those two markets have been depressed. It could turn out in the long run to be a very good move for NFI-T. He thinks their dividend is fairly safe at these levels. Longer term he thinks they are in a good position.
Michael Sprung
President, Sprung Investment Management
Price
$38.330
Owned
Yes
BUY
BUY
June 17, 2019
He would be a buyer at this time. They just recently shored up their capital. The dividend is safe for the time-being. They can make some significant investments over the next while. Under $20 it is a good buy.
Alaris Royalty (AD-T)
June 17, 2019
He would be a buyer at this time. They just recently shored up their capital. The dividend is safe for the time-being. They can make some significant investments over the next while. Under $20 it is a good buy.
Michael Sprung
President, Sprung Investment Management
Price
$19.390
Owned
Yes
BUY
BUY
June 17, 2019
Canadian Forestry stocks. Here is an industry that is in a bit of oversupply. Curtailing production should be good in the short term. We are seeing all of these stocks selling towards their lows rather than highs. CFF is selling at a fraction of the book value. They have had negative earnings of late. WFT-T is 1.5 times book. IFP-T is at book value but has a much higher multiple. WEF-T is trading in the middle of the previous two but with a much more significant yield, possibly not as secure. They all have reasonable assets. They are a decent value play and could stand to do well if we get a building resurgence. You have to be patient.
Canadian Forestry stocks. Here is an industry that is in a bit of oversupply. Curtailing production should be good in the short term. We are seeing all of these stocks selling towards their lows rather than highs. CFF is selling at a fraction of the book value. They have had negative earnings of late. WFT-T is 1.5 times book. IFP-T is at book value but has a much higher multiple. WEF-T is trading in the middle of the previous two but with a much more significant yield, possibly not as secure. They all have reasonable assets. They are a decent value play and could stand to do well if we get a building resurgence. You have to be patient.
Michael Sprung
President, Sprung Investment Management
Price
$62.060
Owned
Unknown
BUY
BUY
June 17, 2019
Canadian Forestry stocks. Here is an industry that is in a bit of oversupply. Curtailing production should be good in the short term. We are seeing all of these stocks selling towards their lows rather than highs. CFF is selling at a fraction of the book value. They have had negative earnings of late. WFT-T is 1.5 times book. IFP-T is at book value but has a much higher multiple. WEF-T is trading in the middle of the previous two but with a much more significant yield, possibly not as secure. They all have reasonable assets. They are a decent value play and could stand to do well if we get a building resurgence. You have to be patient.
Interfor Corp (IFP-T)
June 17, 2019
Canadian Forestry stocks. Here is an industry that is in a bit of oversupply. Curtailing production should be good in the short term. We are seeing all of these stocks selling towards their lows rather than highs. CFF is selling at a fraction of the book value. They have had negative earnings of late. WFT-T is 1.5 times book. IFP-T is at book value but has a much higher multiple. WEF-T is trading in the middle of the previous two but with a much more significant yield, possibly not as secure. They all have reasonable assets. They are a decent value play and could stand to do well if we get a building resurgence. You have to be patient.
Michael Sprung
President, Sprung Investment Management
Price
$14.060
Owned
Unknown