The Successful Investor Hotline – Friday, June 14, 2013

CENOVUS ENERGY INC., $29.59, Toronto symbol CVE, is selling its Shaunavon shale oil property in Saskatchewan. This field produces 3,600 barrels a day, or about 2% of Cenovus’s total oil production.

The company will receive $240 million when the deal closes in July 2013. That’s equal… Read More

DUNDEE CORP. $24 – Toronto symbol DC.A

DUNDEE CORP. $24 (Toronto symbol DC.A; Aggressive Growth Portfolio, Finance sector; Shares outstanding: 55.0 million; Market cap: $1.3 billion; Price-to-sales ratio: 6.6; No dividends paid; TSINetwork Rating: Average; www.dundeecorp.com) is a holding company with subsidiaries in wealth management, real estate, resources and agriculture.

Dundee is riskier… Read More

BANK OF NOVA SCOTIA $55 – Toronto symbol BNS

BANK OF NOVA SCOTIA $55 (Toronto symbol BNS; Conservative Growth Portfolio, Finance sector; Shares outstanding: 1.1 billion; Market cap: $60.5 billion; Price-to-sales ratio: 2.2; Dividend yield: 4.0%; TSINetwork Rating: Above Average; www.scotiabank.com) is Canada’s third-largest bank, with assets of $637.1 billion.

During the financial crisis, the… Read More

Global focus sets Scotia apart

Low interest rates continue to fuel loan demand at Canada’s big five banks. However, rising competition for new borrowers has forced all five to launch aggressive new promotions—including special mortgage rates as low as 2.99%—that are weighing on their profits.

Even so, we continue to see… Read More

A Finance buy for aggressive investors only

DUNDEE CORP. $24 (Toronto symbol DC.A; Aggressive Growth Portfolio, Finance sector; Shares outstanding: 55.0 million; Market cap: $1.3 billion; Price-to-sales ratio: 6.6; No dividends paid; TSINetwork Rating: Average; www.dundeecorp.com) is a holding company with subsidiaries in wealth management, real estate, resources and agriculture.

Dundee is riskier… Read More

The Successful Investor Hotline – Friday, March 9, 2012

CANADIAN PACIFIC RAILWAY LTD., $75.25, Toronto symbol CP, continues to expand its rail network in the Bakken area, which could contain more than 500 billion barrels of oil. This region covers parts of Montana, North Dakota and Saskatchewan.

Oil was first discovered at Bakken in 1951,… Read More

Big buyback enhances Dundee’s value

DUNDEE CORP. $23 (Toronto symbol DC.A; Aggressive Growth Portfolio, Finance sector; Shares outstanding: 64.8 million; Market cap: $1.5 billion; Price-to-sales ratio: 4.3; No dividends paid; TSINetwork Rating: Average; www.dundeecorp.com) is a holding company with subsidiaries in three main areas: wealth management, real estate and resources… Read More

BANK OF NOVA SCOTIA $54.53 – Toronto symbol BNS

BANK OF NOVA SCOTIA $54.53 (Toronto symbol BNS: Shares outstanding: 1.1 billion; Market cap: $58.1 billion; TSINetwork Rating: Above Average; Div. yield: 3.8%, www.scotiabank.com) is the third largest of Canada’s five big banks, with assets of $567.7 billion.

Excluding one-time items, the bank earned $1.14 a.. Read More