This week’s new 52-week lows… (Dec 05-11)

Opinion about BB-T: They provide back-end software in hundreds of millions of cars, plus they have a strong cybersecurity business. They aren't growing that quickly. Trading at 30x PE. Still not super cheap.

Opinion about SEV-T: Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Backlog reported looks better with $4-5M in revenue expected in the second half of this year. They have received a large new order from China. They also secured a $5M in equity financing. Risks are high with market cap at $28M and…

Opinion about BEW-X: Caught attention of market as numbers continued to ramp up. Very big move, now consolidating. Will probably eventually get taken out for its technology and customer base. Trades thinly. May itself be looking for a small acquisition.

Opinion about LTE-X: They are doing distinctive infrastructure, where they are digging trenches to get that last mile to the home. They are doing this in the UK, and have a large contract with one company. He really likes the story, but is waiting to see some revenues and earnings drop to the bottom line…

Opinion about VGO-CN: (A Top Pick May 20/15. Down 93.21%.) The company had some technology that allowed for compliance and payment processing technology. They started in the Bitcoin area, which didn’t work out very well. They then moved on to high risk areas, which would be considered gaming. Recently announced a strategic review of the…

Opinion about CMG-T: Spiked up on the close last week. Everything looks really good about this for the long term, everything says you should own some. RSI against S&P since 2022 has been really good, up and to the right. Buy some today with a partial position, then add a second component on a further breakout,…

Opinion about BDI-T: Traditional workcamp business on oil & gas projects, which might do better going forward with increased infrastructure spend in Canada. Real attraction is modular space business -- portable spaces that they rent out, mainly for construction projects. Portables for schools in NA and Australia. Low valuation. Very high insider ownership of ~24-25%.…

Opinion about CFW-T: Oilfield services firm that has big fracturing technology presence. Horizontal drilling and shale boom not as strong. Very dependent on energy prices. Lots of assets that must be carried on the books. Not investing at this time. 

Opinion about DEE-T: It is a liquids rich player with very high liquids content. The problem is that the market cap is below the radar, and the debt is high. It was a $4 plus stock when we had decent gas prices. They are looking to bring their debt down. He thinks the company will…

Opinion about NKO-T: It is quite a small company. It is hugely volatile. There a lot of problems over the years with the pricing of data coming from India regarding a 10% stake in another company. They have too much debt. The price of the gas they sell has been negotiated. A tough name to…

Opinion about PRQ-T: They have two plays. It is pressured because of debt load. Production came down in the third quarter and should now increase. They should knock debt down with the sale of two non-core assets next year. It needs a catalyst before the market will revisit this story.

Opinion about TOG-T: (A Top Pick Nov 20/21, Up 69%) Liked it for assets. Ultimately sold to Whitecap.

Opinion about WRG-T: The company is very cheap in terms of price to book. Their book value was $4 at the end of June. However, they have a debt problem: $211 million of debt compared to an equity value of $369 million. He sees this as a takeover candidate especially now because he is seeing…

Opinion about ALA-T: A higher-quality player that you could put $$ into today. 

Opinion about BXE-T: Debt concerns? BXE took bankruptcy protection when debt became too much. There is no equity value in it any longer. Companies that have debt that matures in 2020 or 2021 will have issues. He sees no issues with BIR or TVE on this topic. The new Federal relief program for large companies…

Opinion about CEU-T: (A Top Pick Nov 05/25, Up 15%) Despite volatile energy prices, they have held their margins. Their US business accounts for 70% of revenue. Net debt is under 1x EBITDA, leaving room for buybacks. Valuations are attractive. Sees 12% upside.

Opinion about CR-T: Some people own it for M&A takeover potential. He doesn't like to do that. It's a market where interest in small caps remains very low. Not hitting enough radar screens currently. Pursuing growth, so more modest cashflow. 

Opinion about ECA-T: Just beat earnings and have increased production. Cheap valuation compared to peers. But it's getting more expensive heading into 2021. There's no growth here, but that goes with the entire oil patch. The real issue is will they survive. Their balance sheet is getting better, but still high for a blue-chip name.…

Opinion about ESN-T: One of the largest fleets of generation 3 and 4 deeper coil tubing. Two businesses: coil tubing and tools. Both are being run efficiently. Margin pressure in the sector. Great little story that will be a big beneficiary of LNG drilling. No debt. 5-year bull market target of $3. 2023 will be…

Opinion about HYD-T: Bottoming phase in early ’09 then a rally. Profit taking at end of summer. $0.40 is support level; If it breaks through $0.67 level he would see a dollar.

Opinion about KEL-T: Has deep assets, which they won't sell for 9-12 months, as they add others. He can't own every midcap, though this is good.

Opinion about KEY-T: Bought at $25. Sees it going further. Likes it. Pays attention to its balance sheet and grows its cashflows. Some are concerned about % of revenues from marketing business. But with the Plains acquisition, marketing exposure is hedged. Very solid management, good growth opportunities. Hold, with no problem buying here.

Opinion about NVA-T: Although he doesn't own it personally he likes it. The last quarter was good with decent production and a reduction in Capex. It is basically in a Western sedimentary basin.

Opinion about PD-T: (A Top Pick May 23/24, Down 37%) He sold this around $90. It's tied to the fall in oil prices as drilling activity slides. Shares are at a 28% free cash flow yield, but he isn't confident about that figure. Revisit this in maybe 6 months after the market absorbs OPEC oversupply.

Opinion about PEY-T: Yield is 7%, really attractive. But does mostly dry gas, and gas prices have come off quite a bit. Voluntarily shuttering production and waiting for nat gas prices to go higher. Nothing wrong with the company or management, but see her Top Picks.

Opinion about PGF-T: Companies with challenged balance sheets (high debt in this case) face difficulty in banks continuing to finance growth. He would not own this one.

Opinion about POU-T: Intermediate gas producer. Recently sold assets to raise $$ to deploy into operations. Good operational momentum, high impact assets. Very strong financial liquidity. High growth. Canadian gas prices have been weak, expected to improve in winter as LNG Canada comes on.

Opinion about PSK-T: Second in line behind TPZ for what he'd want to own in terms of O&G royalty companies and infrastructure.

Opinion about PXT-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research PXT has staged a small recovery, up 30% YTD now. It remains very cheap at 8X earnings, with an 8.13% dividend. The balance sheet remains strong, with $75M net cash. Financials are still lower than they were several years ago, but consensus…

Opinion about SCL-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research At 8X forward earnings and with investors/analyst attention seeming to increase, we don't think much has to change here. As always, we would use prudent portfolio principles around trimming/re-balancing to limit a single company becoming too much of a portfolio but do…

Opinion about SES-T: One business is transmission -- stable, secure, predictable, about 20% of total. Waste business is the other 80% -- cleaning up in oil & gas segment, stable and recurring. Trades at 12x PE, in line with the energy services business (except it's a waste management business, which trades at twice the multiple). The…

Opinion about STEP-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. STEP is down 35% this year, but up 59% in 52-weeks. Profit taking is probably part of the issue here. It did beat estimates in the 4Q, but the sector has been quite weak, and the company has recently seen two downgrades by…

Opinion about TCW-T: Record high today. Only Canadian, pure-play, frack services provider. Leans toward the gas side. Leveraged to increases in Canadian drilling, which drives margins. Next-generation, low-emission fleets attracts a certain type of (large) customer. Key beneficiary of LNG Canada ramping up.Nice, disciplined approach. Lower capex needs. Very strong FCF. Trading below historic norm.…

Opinion about TOU-T: (A Top Pick Aug 27/25, Up 5%) (Note the short timeframe.)  He's been legging in a bit at a time for the better part of a year. If you look at a 3-year chart, you can see the swing pattern for trading. You can buy it somewhere near $60, and sell it…

Opinion about TVE-T: His firm prefers the larger caps for safety, durability, and dividend yield. For smaller caps to outperform, you need the commodity to work for you (and right now oil and gas are working against). Gradually people are returning to Canada on the basis of our lower decline rates, better prospects for transporting…

Opinion about VII-T: (A Top Pick Feb 09/21, Up 9%) Continues to hold.

Opinion about WCP-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research The sector of course is sensitive to commodity prices, and WCP is flat on the year. It is quite cheap at 9X earnings. The 7% dividend is attractive and payout ratio attractive in the 25% range. The balance sheet is OK, even…

Opinion about BBI-X: BBI-X is the old ticker. The merger involves a 10 for 1 split. PIPE-X shows a couple of weeks of trading and that is what to go by. They are coming on with new production facilities soon. By the end of the year, they will go to 10 times that. He thinks…

Opinion about CHE.UN-T: Fantastic little company, well run, in a good space. YOY return of ~20%, and 3 years of 82%, is pretty decent for a little Canadian stock. Technically, quite good. Hasn't clipped profits yet. Could come back to trendline. Buys more every chance he gets. Small cap, so make sure it's the right…

Opinion about RUS-T: Decent dividend. Valuation's pretty attractive. Likes that it's been around a long time and has seen multiple recessions. Cut dividend 20 years ago and never forgave themselves because of how the stock reacted. Doesn't take on a lot of material risk, just a refabricator and turns over inventory quickly. Steel prices may…

Opinion about WRN-T: It has a great management team and the Yukon is a friendly place to develop. Infrastructure is the issue. Smaller mining operations can deal with this, but lack of power and transportation are challenging. Where copper prices are, this is still too levered -- you need copper prices to go higher.

Opinion about COR-X: It seems the hole went right down the throat of what looked like a structural intersection. Also, it was reverse circulation, and the recovery wasn’t that good. An interesting deposit and in the part of Peru that is very dry, which is part of the issue of getting diamond drilling there.

Opinion about EGD-X: Been a nice success story. His opinion is that the commodity cycle has really played out here.

Opinion about GXS-X: Doesn’t particularly like the deposit. Very speculative. It’s all over the map. There are safer names out there.

Opinion about MED-X: He is a geological advisor to them. Consulted on a project in Italy, but it was not what he thought it would be.

Opinion about NLC-X: Would recommend buying on weakness. EV business will be strong. Expect volatility. Strong for the long term investor. Owns shares. Valuation and story is compelling.  

Opinion about SOI-X: One of his recent “Bottom Fish” that he has put a little bit of tension on. They have the Cheechoo project, about 15 km south east of Eleonore, which is now in production, almost meeting its 300 ounce per year over put. The Cheechoo is a low grade system, but have been…

Opinion about AR-T: Expecting company to be bought. Would recommend holding.  

Opinion about ASM-T: Challenges with cartels in Mexico.Long history of development in Province.Socialist orientation of Mexican President a worry.Does not own shares at this time.Concerned about inventory & reserves.Drilling results have been fairly strong.Would prefer companies with larger reserves.

Opinion about BAR-T: Wallbridge Mining to buy Balmoral It depends on your timeframe--some will take the premium in Balmoral and grab the profit. He expects in two years that the deal will benefit shareholders with lower costs. The Abitibi is a great gold district. If he owned this, he'd hang onto it.

Opinion about CFP-T: Homebuilding stocks in the US have been going straight up, but Canadian forestry stocks have been going the other way. WFG has done the best in holding its share price.IFP and CFP have really started to bottom on the charts. He hasn't done enough digging to know who has a better earnings…

Opinion about CMMC-T: Just completed an expansion. A bit more debt leveraged. Fortunes rise and fall with copper, especially with a recession scenario. China's problems aren't helping. Should be back to $3 in next 3-6 months, $4 in a year. Operational issues in Q1. Second half should improve. Sit tight. You could dip your toe…

Opinion about GMX-T: It is not a mining company, but a project generator. The CEO has done this for 25 years. He then sells off projects to companies that try to turn them into mines. He gets stock and a royalty in exchange. He has about a 160 properties. Some day the CEO will want…

Opinion about HDI-T: Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The sector and in particular the company has shown good momentum. Good cash flow off-sets their stretched balance sheet. Cheap on valuation. Unlock Premium - Try 5i Free

Opinion about LUC-T: The company has suspended its dividend. They operate diamond mines in South Africa. They are looking into underground, from open pit. The cost is more expensive than thought. The price of diamonds has been reduced, though retail prices won’t change.

Opinion about PG-T: Hold until sale to Equinox, or buy more? He holds both to benefit from long-term effects of inflation. He thinks the takeout is great. EQX is well run, a buy, with a $12 price target.

Opinion about ROXG-T: (A Top Pick Dec 15/20, Up 12%) Taken over. He got out when the deal was announced, as the acquirer wasn't somewhere he wanted to put his money.

Opinion about SHLE-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research The stock is exceptionally cheap at 4X earnings but that has not prevented a 13% YTD decline. The balance sheet is a bit levered but nothing too concerning. Insiders own 14% and have been net buyers in 2025. It's interesting, but very…

Opinion about SJ-T: Railroad ties are a steady business. The correction into last April was a great buying opportunity. The chart broke out in early 2023 and has been an uptrend. Likes the chart a lot. (Analysts’ price target is $84.50)

Opinion about USA-T: Junior speculative. Not profitable. At the price for gold and silver today, if a company's not profitable you have to ask why. He doesn't play penny stocks, and certainly not in the junior mining area. A very challenging asset class; he learned his lesson 35 years ago.

Opinion about ATC-X: Agnico-Eagle (AEM-T) came in a while ago and made a 9.9% stake in this company. The stock went up, but it really hasn’t done much since then. Then Barrick (ABX-T) came in and said they really liked the deposit and wanted to do a joint venture. This is a much better approach…

Opinion about ITR-X: Likes the managers, but concerned with the topography. A decent-sized gold project. A good speculation.

Opinion about RG-X: A good story. Good management. Have a major gold discovery and process near the Galore Creek project where NovaGold (NG-T) halted their development. This knocked them back and they are very undervalued at this point. The road they built goes past Romios property, which helps them.

Opinion about SGN-X: It's a 10 cent stock, when even the big companies aren't doing well. If you like it, sure go ahead. But there's nothing he can add.

Opinion about WKM-X: Used to own it and would like to again this spring or summer. Knows the management team and where they're mining, Nevada, very well.

Opinion about DII.B-T: It's never done anything and has disappointed shareholders. He owned shares 10 years and sold it because he got fed up with its lack of progress.

Opinion about DOO-T: (A Top Pick Jan 23/25, Down 12.7%)Stockchase Research Editor: Michael O’Reilly Our PAST TOP PICK with DOO has triggered its stop at $67.  To remain disciplined, we recommend covering the position at this time.

Opinion about MRE-T: Auto stocks are really struggling, both Canada and US, and they're right at the epicentre of this whole tariff battle. Beware the value trap -- something's gone down, looks cheap, but hasn't started going up yet. Chart doesn't look as though it's bottomed out yet.Though cheap, it could still go lower. Whole…

Opinion about RAY.A-T: Is fairly illiquid, but profitable and pays a 6.6% dividend. Price targets are high, so there's a runway ahead. But two-thirds of the business is concentrated in Canada, and a big risk is if song royalties rise. It's profitable though. He's watching it.

Opinion about RCH-T: Spike on the chart is quite interesting. 1-year chart shows 2 lows, the most recent one higher than the previous. So this is a place to hang your hat. Down almost 12% YOY. Today is a bad market tape, yet this stock's up. That tells you something -- either investors have nowhere…

Opinion about TOY-T: A definite series of lower highs and lower lows. Continues to languish, downtrend remains in place. Value trap. Unless something changes, just avoid. So many other good places to put your $$ to work.

Opinion about TS.B-T: It is unbelievable where this stock is trading at. Acquisitions this year are worth less than half what they paid for them. It was trading at less than half what it was worth. They are trading below the amount of cash they have. It shocks him how far it continues to go…

Opinion about CTU-X: This has been a very difficult stock. Recently reported a very bad quarter. He would stay away from this one. Inventory has gone up a lot and their margins have fallen. Cut the dividend totally. Thinks they are in a bit of trouble.

Opinion about ESU-X:

Opinion about JTR-X: Doesn't know this company. Loves the space. Names with a good name, like "green" move well. They produce organic foods, and people are looking to eat healthier. Fancy name. Fancy products.

Opinion about SPP-X: A micro-cap. He holds debt securities and have been collecting those coupons. SPP is interesting, but highly speculative. They run little coffee shops. The coffee and food are really good. He wouldn't buy it for that reason, but it's okay in a portfolio.

Opinion about AFN-T: Frustrating, he sold. Numbers good, but continues to have lots of problems in its farm business. Commercial side's been pretty strong. Some of its geographies have been weak. Guided down. Not worth it, look elsewhere.

Opinion about CGX-T: Worth keeping? Well managed. With NFLX, video on demand, and the changing landscape of movies, it's not the same company it used to be. Could be more assets to divest, and could capitalize on real estate. Still, not sure what next move is. Look to exit.As to what to move to, though…

Opinion about CLIQ-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. No longer backed by Aurora. Multiple attempts to redesign stores. Multiple products sold at steep discounts. Deteriorating margins.

Opinion about CWX-T: It's illiquid. They've good managers, though, and the stock has moved up, maybe overextended. He likes the story, but it's too illiquid for him. Recent quarters have not been strong. This space had to become good operators when lumber prices went down, and is starting to find momentum with more housing starts.

Opinion about DOL-T: Will be affected if Trump doesn't do a deal with China, because that's where they get their stuff. That's as far as he's going to go on fundamentals; charts tell us everything we need to know. Chart shows the uptrend, and then the arc off trendline is a parabolic move. He'd bet that…

Opinion about FLI-T: Right now, interest rates are coming down and the yield curve is flattening. There is a risk off attitude. Thinks will go back to rising interest rates, but the rates have pushed this ETF down. Interest rates will probably go up less than prior to the conflict in Ukraine.

Opinion about XFH-T: Likes this holding, because Canadian and US investors are going to have to start looking somewhere else to diversify a little more.

Opinion about CPD-T: Not interested at current pricing. Waiting for interest rates to rise. Not a good time to buy.

Opinion about HEU-T: HPB Energy Bull+ ETF. Immediate leverage to oil price moves. If you have a very good near-term bet that you want to make on oil this would be the way to go but if you are looking for an investment in the oil patch that has a long-term investment implications, then you…

Opinion about HPR-T: Preferred share market is risky - not a good place for average investor.Not much upside with lots of downside risk.Income oriented investors have better options.Canadian Dividend Index a better product. 

Opinion about XIN-T: Investing in India. He uses ETFs. Good one-stop way to get at the India 30, which has done well over the last couple of years. Over the next 30 years, India will be where China was. Very exciting area, investors should own.

Opinion about XPF-T: Preferred shares act like equities during bear markets. Preferred shares are a challenging asset class - many are callable as rates go higher. He prefers to keep it simple with laddered preferred shares such as with BMO

Opinion about ZDM-T: This is hedged, so there's no currency exchange risk. He predicts int he next five years that international stocks will succeed. ZDM is perfect for this. Really likes it. Hold 10-15% of your portfolio internationally. This is a big cap ETF.

Opinion about ZEB-T: Good exposure to the space without using covered calls (which sacrifice upside potential).

Opinion about ZPR-T: A preferred share ETF This is one consideration, but he has his own preferred ETF within his company, so he doesn't use others. Check to see if the ETF's exposure and tax implication suits you.

Opinion about ZUB-T: Largest in the category. ZBK is unhedged, but there's a hedged version as well (ZUB). He'd opt to start hedging risk away a bit more, given what seems a concerted effort to weaken the USD. Gives you diversification in the US banks, instead of Canadian banks, as it's a different market and…

Opinion about ZWE-T: ZWE vs ZWP if you will retire soon ZWE is better in the long run, but don't expect much growth. You're selling calls, but you collect a high dividend. Loves them both. This is hedged to the CAD. ZWE is more suited for the retail investor than the ZWP; don't worry about…

Opinion about GWO-T: (A Top Pick Aug 14/24, Up 31%) Are totally different from MFC and SLF which have businesses in China and India. GWO instead has business in Europe where they can buy attractive companies. Is an income stock. Trades at only 11x PE, with strong growth. A core holding. Pays a dividend around…

Opinion about LBS-T: Has a degree of leverage in it. You're buying exposure to a basket of great Canadian stocks with dividends. Leverage can be in the range of 150-200%. When it's going up, it's great. But when it's going down, not so much. He wouldn't add leverage to a portfolio now with anybody's money. We're…

Opinion about SLF-T: Holding onto this one, despite selling MFC due to range-bound performance right now.

Opinion about VPY-X: Great management and great Board of Directors. They just finished a raise. Doesn’t think there are any headwinds anymore. With a fully loaded balance sheet, they’ve got a great growth in their client base, having gone from zero to 42 with 17,500 payers in the last year. Just signed on an ERP…

Opinion about CM-T: You could add to this one here. 

Opinion about CWB-T: Bought into the arbitrage. Upon closing will own NA, which is a really good bet for the long term.

Opinion about GS-T: Owned it a few years ago and cut his losses. Now, cut your losses. This business is struggling as an asset manager, specifically to retain and attract new clients. Also, their key managers, including the CEO, have been leaving. They won't generate much in performance fees, which has been an attraction for…

Opinion about LB-T: Most important thing to know is that it tried to sell itself, and no one bought it. At a discount and always has been. Has to compete with the big banks, which keep getting bigger.

Opinion about ONEX-T: Stock's gone nowhere for a fair bit of time. Latest move from 2023 is quite positive, and broke out above $100. With volatility in the markets, these guys pick up great assets and make something of them. Why not capitalize on their expertise? Global, gives you private equity exposure to companies you…

Opinion about POW-T: One of Canada's great success stories. But on risk/return, analysts think it's worth less a year from now than what it's trading at today. Fundamental analysts aren't always right, but if they are then it's overvalued. Markets are going up and everything's at an all-time high, so it's hard to find assets…

Opinion about PWF-T: (A Top Pick Dec 04/19, Up 13%) He'd buy it again. Nice value stock. Nice yield. Trading at discount to book. Would benefit from rising interest rates, which he expects. Cheaper than all the banks.

Opinion about SOT.UN-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research It is not looking good, considering more than $900M in debt and cash flow of only $37M in the last 12 months. Interest expenses were $73M, nearly twice cash flow. It does of course have assets, but it is not a seller's…

Opinion about SOX-T: In the construction space his favorite is WSP Global. SOX is similar and he thinks they may be a value trap as there is some concerns about the dividend, the strength of the balance sheet and their ties to the energy sector.

Opinion about TNT.UN-T: Suffered from exposure to commercial office space. More secondary markets. Suspended distribution entirely, in favour of buying back stock. Consolidated shares. Uphill battle.

Opinion about HUT-T: (A Top Pick May 01/25, Up 182.6%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with HUT is progressing well.  To remain disciplined, we recommend trailing up the stop (from $28.50) to $33.00 at this time.  

Opinion about LG-X: It is a company that invests in cannabis opportunities. The most recent is in Australia where it is one of the few companies that is licensed there. They also announced a deal in Jamaica where production is coming on line. It is a reasonably diverse way to participate in the space, but…

Opinion about PRV.UN-T: Likes it. Wouldn't go smaller, as this one's already quite small. Has a nice industrial component, focused more on Eastern Canada. That market's been very stable. Recent transaction in Winnipeg, and he likes that market. Since Covid, people are working online more; so "secondary" cities such as Halifax, Winnipeg, and Saskatoon are…

Opinion about NFI-T: He owns it in the Canadian portfolio. There is a supply shortage of buses and it has a new big order from Toronto. There have been some liquidity challenges but they are abating. They make any kind of bus but the electric ones carry the biggest price premium so they can make…

Opinion about RME-T: (A Top Pick Mar 01/18, Down 22%) This was disappointing. They were trying to grow at the expense of the bottomline. Their growth plans did not come to fruition. The CFO left. He does not see a lot of reason to be involved in this name at this point.

Opinion about WJX-T: Medium-quality, in the competitive industrial space. Not a long-term compounder. Exposed to all kinds of risks including tariffs. Capital intensive; real FCF not as high as it appears. 

Opinion about BUS-X: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Buses may be electric, CNG, or clean diesel and electric buses are offered by the company. Over the past five years, sales have shrunk by a compounded annual growth rate of 14.5%, while EBITDA and Net income have grown at a CAGR of…

Opinion about CHR-T: Owns shares in company. Has done well the past year. Expecting further upside going forward. Dividend is expected sometime soon. Subcontracting business from Air Canada very good for reliable revenues. Price multiple not as high as it should be. 

Opinion about FTT-T: (A Top Pick Apr 12/24, Up 22%) Correlated with copper, and it set up nicely with where we were in the business cycle. Big breakout over the last 2 months. Good-looking chart with higher highs and lows. Sees further upside into August.

Opinion about LNR-T: (A Top Pick Oct 04/24, Up 21%) Is surprised it's done so well amid tariffs. Will be a survivor. Still trading under book value, with an ROE of 8-9%. Don't own this for yield but for expansion in business. The PE is over 20x, a little high, but expects this to drop…

Opinion about EXE-T: Doesn't follow it closely. Does, however, follow CSH.UN.Very reasonably valued at 13x when you look at price to FFO. Similar market to CSH.UN, but EXE is a corporation and that makes it unique. (REITs have to pay out more, or there's a punitive tax.) Pays out roughly half of its FFO. Likes…

Opinion about IN-T: This is another company in the cannabis space. This is not a cannabis producer, it is a company that adds value in that space. They are mapping cannabinoids, looking for different formulations to treat different diseases.It is highly speculative, but he thinks there is opportunity for this type of company. He likes…

Opinion about MBX-T: Very positive on the stock price, the company, and the partnerships they're announcing. Technicals indicate the stock may head toward 90 cents, but he says higher. Just won a contract from the Ontario government. Covid testing isn't going away. Sales should triple in the next 12 months.

Opinion about KLY-X: Just announced a discovery in Columbia. Flow tested over 2000 barrels per day. This well could produce up to 5000 when brought into production. A very well distributed stock so it might not jump too fast. Company could get taken out.

Opinion about NDVA-X: Not a lot of love for cannabis or for small caps. Phenomenal execution by management. Sales of chocolates and gummies are doing well. Great growth, strong market share, across the country. Hopes investors will recognize its value once tax-loss selling is done.

Opinion about NINE-X: Heard good things about their brand, quality production. Small player, so would hope they can do a joint venture with someone. Branding will be tough with regulations from Ottawa, so strong brand now could pay off.

Opinion about KWH.UN-T: It formed a nice base. It has a strong yield. It is coming out the last few days. We are getting close to a break out.