Here  are two summaries of Andrew Hamlin's (Aston Hill Financial) comments. GLTA

Tricon Capital (TCN TSX) Bought it Nov 1, 2012 at $5.70.
Great way to play the U.S. rental market. Huge growth potential in portfolio of assets. Stock is cheap and pays investors a 4 percent dividend while housing market recovers.

 

2012-11-22 TOP PICK TCN-T Tricon Capital Group

Exposure to the US rental market.  Buys distressed homes, puts in a bit of capital and then rents it out for 13% gross yield.  Likes it because it has great growth potential.  Going from 700 now to 1000 homes by end of this year.  4% paid for you to wait.  When housing prices pick up you will see a significant increase.


Price:
$5.760
Subject:
GROWTH & INCOME
Bias:
CAUTIOUS
Owned:
Yes