I am thinking about investing in some BCE. What would you say the intrinsic value is per share? I am also intrigued by BRK.B. What do you think?
At share price are CSU, TOI, and Lumine bargains respectively?
What sort of market are we in? Up, down, or sideways?
And, would you suggest 10 companies which are great (little chance of capital destruction), AND offer some upside?
Side questions: Magna and Rogers have bounced back...a lot, did 5i recommend buying at those low points?
BRK.B has been weak, but considering its long term potential and giant cash pile we find it interesting, and buyable. It may not do much in a risk-on market, but it is a good hedge and if market conditions change it could do much better, especially once it starts spending its money. BCE is an interesting contrarian play. Sentiment is low, but the dividend is still nice. The stock is cheap. We would be OK buying a bit for income. It is up 5% YTD and any sentiment change could be positive for the company. Lower interest rates should help. CSU, LMN and TOI we do think are interesting here. Essentially, we do not believe the fundamentals have deteriorated nearly as much as the share prices have. We think we remain in a bull market (up). Earnings are good, on average, and rates are heading down (probably). We were generally constantly bullish on MG. Not so much on RCI.B. Ten conservative companies: ENB, FTS, BAM, RY, SLF, MFC, IFC, POW, H, EIF