Latest Expert Opinions

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
September 10, 2019

Similar to DIV-T. He looked at this long and hard and decided not to buy any trusts stocks; there are too many companies within them and hard to value. AD stumbled and got punished. Don't buy for the dividend or stock appreciation. Managers need to regain investors' trust.

Alaris Royalty (AD-T)
September 10, 2019

Similar to DIV-T. He looked at this long and hard and decided not to buy any trusts stocks; there are too many companies within them and hard to value. AD stumbled and got punished. Don't buy for the dividend or stock appreciation. Managers need to regain investors' trust.

Stephen Takacsy, B. Eng, MBA
Chief Investment Officer & Portfolio Mgr, Lester Asset Management
Price
$19.400
Owned
No
BUY WEAKNESS
BUY WEAKNESS
September 10, 2019
A great long-term company. Buy on a dip. It's one of his biggest positions. It's a cash machine that's well-managed with huge pricing power.
A great long-term company. Buy on a dip. It's one of his biggest positions. It's a cash machine that's well-managed with huge pricing power.
Stephen Takacsy, B. Eng, MBA
Chief Investment Officer & Portfolio Mgr, Lester Asset Management
Price
$122.560
Owned
Yes
STRONG BUY
STRONG BUY
September 10, 2019
Good to buy now. They've been consolidating in the low-$20s. Enjoys high barriers to entry to print lottery tickets, a good moat around it. PBL leads and innovates in this sector, and are diversifying into related areas. Strong managers and growth potential.
Pollard Banknote Ltd (PBL-T)
September 10, 2019
Good to buy now. They've been consolidating in the low-$20s. Enjoys high barriers to entry to print lottery tickets, a good moat around it. PBL leads and innovates in this sector, and are diversifying into related areas. Strong managers and growth potential.
Stephen Takacsy, B. Eng, MBA
Chief Investment Officer & Portfolio Mgr, Lester Asset Management
Price
$22.000
Owned
Yes
BUY
BUY
September 10, 2019
He's sold and bought it back. It has gotten way ahead of itself, then pulled back a lot. There are rumours the company will be sold; the board must decide on its direction. Well-managed and a global player.
CCL Industries (B) (CCL.B-T)
September 10, 2019
He's sold and bought it back. It has gotten way ahead of itself, then pulled back a lot. There are rumours the company will be sold; the board must decide on its direction. Well-managed and a global player.
Stephen Takacsy, B. Eng, MBA
Chief Investment Officer & Portfolio Mgr, Lester Asset Management
Price
$56.530
Owned
Yes
DON'T BUY
DON'T BUY
September 10, 2019
He owns the bonds, but not the stock. A low-growth business, hauling around petrochemical products. Stable, though and a safe dividend. Little capital appreciation here.
Superior Plus Corp (SPB-T)
September 10, 2019
He owns the bonds, but not the stock. A low-growth business, hauling around petrochemical products. Stable, though and a safe dividend. Little capital appreciation here.
Stephen Takacsy, B. Eng, MBA
Chief Investment Officer & Portfolio Mgr, Lester Asset Management
Price
$12.020
Owned
No
BUY
BUY
September 10, 2019
It's one of the cheapest TSX stocks. They made a few missteps, like order delays, but they will iron them out. They made a big UK acquisition. A good moat around it with few competitors. A very stable market for replacement buses. NFI also leads in e-buses. Trades at a low 10x PE. This will do well in the long run.
It's one of the cheapest TSX stocks. They made a few missteps, like order delays, but they will iron them out. They made a big UK acquisition. A good moat around it with few competitors. A very stable market for replacement buses. NFI also leads in e-buses. Trades at a low 10x PE. This will do well in the long run.
Stephen Takacsy, B. Eng, MBA
Chief Investment Officer & Portfolio Mgr, Lester Asset Management
Price
$30.860
Owned
Yes
TOP PICK
TOP PICK
September 10, 2019
There's been a drop in exports, namely to China, but they're growing their export volume again. They're doing very well in VQA Ontario which is rolling out 87 stores, and DWS has the largest market share here. The big news is that Lassonde took at 20% stake in the company and this will increase agency sales in Quebec. He expects Lassonde to buy the rest of the company. He just 3 million more shares to be the 3rd-largest shareholder. (Analysts’ price target is $0.28)
There's been a drop in exports, namely to China, but they're growing their export volume again. They're doing very well in VQA Ontario which is rolling out 87 stores, and DWS has the largest market share here. The big news is that Lassonde took at 20% stake in the company and this will increase agency sales in Quebec. He expects Lassonde to buy the rest of the company. He just 3 million more shares to be the 3rd-largest shareholder. (Analysts’ price target is $0.28)
Stephen Takacsy, B. Eng, MBA
Chief Investment Officer & Portfolio Mgr, Lester Asset Management
Price
$0.215
Owned
Yes