Category Archives: TLM.TO

Canadian Dividend Watch List: August 2015

Posted on August 23, 2015 by | Leave a comment

Below is the performance of the stocks that were on our Canadian Dividend Watch List from August 2014:

symbol Name 2014 2015 % Chg
TA.TO TransAlta Corp. 12.72 6.42 -49.53%
ESI.TO Ensign Energy Services Inc. 16.25 9.06 -44.25%
CGX.TO Cineplex Inc. 40.35 46.29 14.72%
RCI-B.TO Rogers Communications Inc. 43.24 46.9 8.46%
D-UN.TO Dream Office REIT 28.95 21.48 -25.80%
TLM.TO Talisman Energy Inc. 11.32 9.48 -16.25%
CMG.TO Computer Modelling Group Ltd. 12.46 11.68 -6.26%
CJR-B.TO Corus Entertainment Inc. 24.85 13 -47.69%
NWC.TO North West Company Inc. 24.29 27.12 11.65%
IGM.TO IGM Financial Inc. 50.64 36.24 -28.44%
CWT-UN.TO Calloway REIT 26.25 29.41 12.04%

The entire list lost –15.58% which is compared to the Toronto Stock Exchange decline of –12.16% in the period from August 15, 2014 to August 21, 2015.  The top five stocks on our list averaged a loss of –19.08% which is substantially more than the index.  Below we’ve outlined the performance of the watch list stocks compared to the analyst estimates.

image

This is one of the best examples (so far) of the analysts being accurate about the estimated price change that we’ve seen so far.  Talisman, TransAlta, Dream Office REIT, Rogers Communications, North West Co. and Cineplex all came within reasonable distance of the projected targets or move in the stock price.  The remaining stocks that did not meet expectations failed miserably and in a directions that was highly unfavorable to investors.

Canadian Dividend Watch List for August 2015

Below is the list of stocks that we think are worth your consideration and due diligence.

Leave a comment

Posted in Analyst Estimate, Canadian Dividend Watch List, CGX.TO, CMG.TO, IGM.TO, RCI-B.TO, TA.TO, TLM.TO

February 2014 Canadian Performance Review

Posted on February 17, 2015 by | Leave a comment

Below is the performance of the nine stocks from the February 14, 2014 Canadian Dividend watch list compared to the Toronto Stock Exchange gain of +9.16%.

Symbol Name 2014 2015 % change
TLM.TO Talisman Energy 11.66 9.52 -18.35%
FCR.TO First Capital Realty 17.33 20.07 15.81%
FTS.TO Fortis Inc. 30.71 39.53 28.72%
CWT-UN.TO Calloway REIT 25.77 30.45 18.16%
CAR-UN.TO Canadian Apartment Properties 21.52 26.98 25.37%
D-UN.TO Dundee REIT 29.31 27.26 -6.99%
BNS.TO The Bank of Nova Scotia 63.29 67.4 6.49%
CUF-UN.TO Cominar REIT 18.45 19.65 6.50%
LB.TO Laurentian Bank of Canada 45.96 50.4 9.66%

The average gain for all of the stocks listed was +9.49%.  The best performing stock was Fortis (FTS.TO) with a gain of +28.72%.  Over the last year has made 4 dividend payments with a dividend increase of +6.25% with the latest payment on February 12, 2015.  The worst performing stock was Talisman Energy (TLM.TO) with a decline of –18.35%.

Analyst estimates for the listed stocks are compared to the actual performance in the chart below.

image

Talisman Energy (TLM.TO) was projected to have the worst decline and it did.  However, it could have been much worse as depicted in the chart below.  At one point, Talisman Energy stock price declined as much as –63% before Spanish oil giant Repsol (REP.MC) announced on December 15, 2014 the intention to buy TLM.TO.

image

Our commentary on the dire analyst expectations for Talisman Energy was:

“As far as we can tell, TLM.TO is not slated to be worth very much by the end of 2014.  We’ll have to see how this picture plays out.  However, if the stock market can keep its head above water for the next 10 months we wouldn’t be surprised to see TLM.TO to pull off a shocker.”

In the midst of a collapsing oil and stock prices, Talisman did pull off a shocker and just before the end of 2014.

Leave a comment

Posted in BNS.TO, CAR-UN.TO, CUF-UN.TO, CWT, D-UN.TO, FCR.TO, FTS.TO, LB.TO, TLM.TO