Handbook of Canadian Security Analysis: A Guide to Evaluating the Industry Sectors of the Market, from Bay Street's Top Analysts, Vol. 2 (Volume 2)

by Joe Kan

• ISBN13: 9780471643906
• ISBN10: 0471643904
• Edition: 1st
• Format: Nonspecific Binding
• Copyright: 2000-01-01
• Publisher: Wiley

Summary

One of the keys to investment success is the ability to identify the most promising companies in the leading industries. But that is not as simple as it sounds. Although most investors, portfolio managers, and finance students understand the basics of investment analysis, the dynamics of individual industries are more difficult to grasp since they can vary greatly from one industry to another. The Handbook of Canadian Security Analysis is the definitive guide to analyzing the industry sectors in the Toronto Stock Exchange 300 Composite Index. It gives you the analytical tools you need to measure profitability and stock potential in every major industry grouping of the Canadian market. This two-volume reference brings together - for the first time ever - advice from twenty-seven of Canada's top financial analysts. Each chapter gives practical, expert advice on what makes a particular industry tick: industry overview trends and developments key performance measures markets and competition the regulatory environment cyclical and seasonal influences, and much more. The Handbook of Canadian Security Analysis gives you a rare glimpse into the world of financial analysts: what they look for, and how they make their decisions. This distinguished group of financial experts share their vast experience and specialized knowledge on how to analyze specific industries to help you invest for success: the factors that underlie analysts' stock selections the analytical techniques, yardsticks, and tools of the trade used to value securities the quantitative and qualitative factors to take into account when analyzing stocks in each particular industry when to buy and sell individual securities how and where to get more information on the industry.

Author Biography

CONTRIBUTORS The Handbook of Canadian Security Analysis assembles a stellar list of contributors, all ranked as leading investment analysts on Canadian analyst performance surveys, or on the annual Wall Street Journal All-Star Analysts survey. For the first time ever, twenty-seven of Canada's leading investment analysts have come together to offer their expertise and experience in two definitive volumes. Contributors to Volume 2: Marilyn Brophy on Merchandising Catherine Gignac on Diamonds Andrea Horan on Printing & Publishing Sam Kanes on Fertilizers Frederick K. Larkin on Airlines Miles Lich and Wilf Gobert on Oilfield Services David McFadgen on Broadcasting & Entertainment Tom McKinnon on Insurance Petro Panarites on Income Trusts Richard Stoneman on Aerospace George Vasic on Strategy Stephen D. Walker on Emerging Golds EDITORIAL ADVISORY BOARD Every chapter of the Handbook of Canadian Security Analysis has been reviewed by members of a distinguished editorial board, drawn from academia, the institutional investment community, and industry associations. Editorial advisors to Volume 2: Mark Arthur Ira Gulskin Geoffrey MacDonald, CFA Bill Peckford, CFA F. Joseph Sirdevan, CFA John Smolinski, CFA Jennifer Witterick, CFA THE EDITOR Joe Kan is a chartered financial analyst and president of Kan & Associates Inc., a search firm specializing in recruitment for institutional equity professionals.

Table of Contents

Preface	vii
Acknowledgements	ix
List of Participants	xi
HIGH ECONOMIC SENSITIVITY
Oil Services	1	(46)
Miles Lich
Wilfred Gobert
Airlines	47	(36)
Frederick K. Larkin
Diamonds	83	(38)
Catherine Gignac
Emerging Golds	121	(80)
Stephen Walker
Printing and Publishing	201	(36)
Andrea Horan
Broadcasting and Entertainment	237	(56)
David McFadgen
Aerospace	293	(40)
Richard Stoneman
The Canadian Fertilizer Industry	333	(62)
Samuel Kanes
LOW ECONOMIC SENSITIVITY
Insurance	395	(54)
Tom MacKinnon
Merchandising	449	(50)
Marilyn Brophy
MARKET STRATEGY
Strategy	499	(58)
George Vasic
Income Trusts	557
Petro Panarites