AtkinsRéalis Group Inc. (ATRL.TO)

(A Top Pick June 26/12. Up 20.87%.) Still believes in this story. Likes that they are cleaning up their act. Good business prospects going forward.

He feels that all the negative press SNC has been having is actually old news, and it's pushing the stock down past where it should be. Has a lot of confidence in the new management.

Recommended at $37.32 now $42.04 up 15.17% Bought a bit early, but still feels it's a great buying opportunity. They will be fined a lot of money, but their balance sheet can take it. They have new contracts coming on.

Performance of the company on an operating basis over the last few quarters. They've been good at keeping their back logs at very high levels. But it may be that we are seeing those back logs are due to underbidding too aggressively, and the low margins we are seeing on these back logs may be the results of this. (He's speculating) He would have liked to have seen better operating performance.

Thinks it's a good company but doesn't own due to concerns about corruption issues they are facing. Fears there may be cancelled contracts.

They have all these legal issues. There are some big question marks. Are their margins on all the contracts any more. It is not cheap.

Has a reputational problem with legal charges, including criminal, against past executives. Trying to restore their reputation and the new CEO has done a lot of work. Haven’t seemed to suffer unduly in terms of losing customers and clients. On this one, you can afford to wait.

Every time you think things have settled down, something else pops up. He wouldn’t mind adding to his holdings as time goes on. This is a tremendous company. They are really good at the engineering side. Problems have all been on the sales side. Part of the problem is that they are operating in all parts of the world. Getting new contracts all the time. Good long-term growth situation.

(A Top Pick April 26/12. Up 22.83%.)

Sold her holdings when they ran into all their difficulties. There is still not a full picture of what happened in the last few years. Have made some senior management and board changes, which is positive. Haven’t clearly laid out what their strategy is. She would rather wait for a clear picture.

Likes the whole sector. It seems that every day something is happening in this company and it makes the front page. Has great support at $41.50.

Doesn’t think you should be investing in companies where the board doesn’t know where the money has gone. The can of worms just continues to unfold. Thinks they are going to get themselves into trouble with governments. A lot of assets, but a lot of debt too.

Sold his holdings when they 1^st started having troubles about a year ago. Sees nothing but a succession of further stumbles. They get things wrong on the ethical and bribery sides. Let it settle out before doing anything.

(Market Call Minute.) Their reputation is following them around. This is a company that has news risks in it.

The way things are going, we may see more things come out of the woodwork. He hopes the stock gets knocked down again as he would love to buy it under $40. Huge company with thousands of engineers. Significant and profitable deals continue to be added to their project backlog. Third World companies need the kind of projects that they have. Yield of 1.87%.