Viewing Company Teck Resources Ltd. (B) | StockChase
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Compiling comments that experts make about stocks while on public TV.

Teck Resources Ltd. (B) Stock Symbol: TECK.B-T

Notes:

zinc

Last Price Recorded: $28.2600 on 2017-04-28

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Date Signal Expert Opinion Price
2017-04-27 HOLD Mohsin Bashir

He delved into it as part of a tactical strategy.  He thinks the resource stocks will overheat.  It is reasonable to have a position here.  Their portfolio is reasonably strong.  It will be volatile in the short term.


Price:
$28.140
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2017-04-25 COMMENT Craig Porter

Just reported and earnings were disappointing. Both zinc and copper were late on production. He likes the company. Longer-term goal, coal prices are still doing well. With higher commodity prices, they’ve been paying down debt quite significantly. A good stock to own if looking for a diversified resource exposure.


Price:
$28.840
Subject:
RESOURCE
Bias:
UNKNOWN
Owned:
Yes
2017-04-12 PARTIAL BUY Christine Poole

Has a small position in this, and is her only holding in the materials space. It recovered nicely last year on stronger iron ore prices, but that was temporary. It has moderated this year. Thinks it will slowly strengthen, but will be predicated upon Chinese demand. The Chinese economy is stabilizing and growing. This company is also exposed to copper and zinc. Zinc has been in an oversupply for a number of years, and has gone through the typical cycle, and the supply/demand dynamics are going to improve. There are going to be some weak days in the market, and would recommend that you scale into this.


Price:
$29.640
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2017-04-10 BUY Gavin Graham

It is the best performing large cap stock in Canada over the last year.  It is going to be a play on Chinese demand and perhaps north American infrastructure.


Price:
$31.920
Subject:
NORTH AMERICAN - LARGE & GLOBAL EQUITIES
Bias:
BEAR
Owned:
Unknown
2017-04-10 BUY on WEAKNESS Hap (Robert) Sneddon FCSI

Chart shows a downtrend, and it could drop a little more. It may come down to around $27 and go up from there. The whole base metal complex actually looks quite positive. It is these next 2 months where you are probably going to get a spot to get it a little bit cheaper. Try to get it somewhere south of $29 and you’ll be happy a year from now.


Price:
$31.920
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
Unknown
2017-03-20 COMMENT Lyle Stein

This was the star of 2016, but has softened as met coal prices retreat from $300 to $150 a ton. What is not being factored in is that zinc prices continue to hit close to 5 year highs. Copper prices have fallen in the last little while, but are much higher than they were a year ago. It is generating incredible amounts of cash flow. Debt went down by $1 billion in Q4, and will probably do the same in Q1 of this year. At this price, you get upside optionality. You’ve got a much cleaner, better, safer company in which to invest. He bought more at under $28.


Price:
$28.580
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
Yes
2017-03-16 COMMENT Zachary Curry

A violently cyclical company. The biggest positive is the zinc market, which is undersupplied. Exposure to coal is their main driver. There has been volatility in coal prices. The underlying economic growth should benefit the commodity cycle as a whole. Their Fort Hills exposure will be able to be funded from cash flow, which is positive. Be prepared for cyclicality. There has been a huge drive in the stock, mostly last year, so a lot of the value is in the name.


Price:
$28.840
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2017-03-15 COMMENT Don Vialoux

This has been benefiting from higher copper prices, and particularly on zinc prices that have been very strong in the last little while. This is also a coal producer. Seasonally, the stock does very well from about mid-October through until April. Unfortunately, the chart is showing it is forming a trading range right now. It is probably near the bottom of that right now. We still have periods of strength coming forward into early this spring, and there will probably be another test of the previous high, which will be the opportunity to take some money off the table.


Price:
$28.330
Subject:
TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias:
CAUTIOUS
Owned:
Unknown
2017-03-14 COMMENT Daniel Lloyd

He is Short this name, as a pair trade against another mining company that is more focused on copper. The majority of this company’s revenue comes from metallurgical coal, and there is a lot of supply that is coming back online. Pricing is not holding up.


Price:
$27.070
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Yes
2017-03-13 COMMENT Matt Kacur

He is a big fan of this company. It is just a matter of trying to get it at the right time, because it is going to be cyclical. They own some really great assets and are fairly diversified in copper, oil, etc. Valuation still looks pretty good.


Price:
$27.520
Subject:
NORTH AMERICAN
Bias:
CAUTIOUS
Owned:
Unknown
2017-03-09 COMMENT Teal Linde

Attractively priced. At the current share price and where coal prices are, the stock is undervalued. If you bring the coal price down to $120, which is breakeven for the industry, this is still trading below its historical valuation. Plus, they have copper and zinc. He thinks the stock is oversold. A risk could be if China cuts back on its use of coal, like its premier had suggested.


Price:
$26.340
Subject:
NORTH AMERICAN - LARGE/MID CAPS
Bias:
UNKNOWN
Owned:
Unknown
2017-03-07 COMMENT John Stephenson

An excellent company. They have done a lot to straighten out their balance sheet over the years. Had a great last quarter where they really exceeded street expectations, both from an earnings and revenue perspective. The problem was that the guidance was a little higher than the operating costs. The guide on capital expenditures was a little higher than the street expected. Overall this is a good company.


Price:
$26.910
Subject:
NORTH AMERICAN - LARGE & RESOURCE
Bias:
BULLISH
Owned:
Unknown
2017-03-03 DON'T BUY David Cockfield

Had owned this in the past, and what caught him totally by surprise was the tremendous increase in the price of coal, which he felt was a potential drag. Right now, the stock has pretty well taken in the improved prospects and is fully priced.


Price:
$27.250
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
No
2017-02-28 BUY Veeral Khatri

He really likes this and just recently entered it. An aggregation of a bunch of different commodities giving you exposure to met coal, copper, zinc as well as oil. He also likes the assets they own. Because it has pulled back from $35 a share, down to $26, this is an attractive entry point. There is some volatility, but being spread across 4 different commodities should dampen that a little.


Price:
$26.550
Subject:
NORTH AMERICAN
Bias:
CAUTIOUS
Owned:
Yes
2017-02-17 BUY on WEAKNESS Christine Poole

They had a very strong fourth quarter and their guidance for the first quarter of this year because of pre-buying of Iron Ore in the fourth quarter on fears of prices spiking.  They had a big run.  Iron ore prices are not going to go back to the levels they were before.  The zinc outlook is quite favourable.  It is now getting back down to levels where she may pick up some more.


Price:
$27.980
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Yes
Showing 1 to 15 of 1,396 entries
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