AtkinsRéalis Group Inc. (ATRL.TO)

(A Top Pick Feb 21/12. Down 2.71%.) Still thinks it is very attractive. Great assets. Headline risks are not going away, but if you can ignore that, there is great value here. Assets are worth $30 a share, which means the rest of the business is trading at 8X earnings versus others which trade at 15X earnings.

(A Top Pick March 29/12. Down 25.54%.)

Sold her holdings when the problems started to come out. Stock performed much better than she had expected. Appears new management is trying to clean things up. Still not sure if the activities may impact future potential to get contracts globally.

Fairly attractive on a fundamental level. Global. A decent investment but this whole corruption scandal will distract management so you can go other places in the meantime. Not sure what will move it to the next level.

1^st scandal shot the stock down and then subsequent scandals have been lesser but seem to keep the stock down. Looks underpriced. An excellent portfolio of investments and continues to sign up big projects. Engineers are okay but they need to weed the management out a little bit. 1.95% yield.

(Top Pick Jan 19/12, Down 13.48%) He sold at a 9.3% loss himself. Then the scandal broke. It will have a hard time between here and $48. There may be some more bad news. Prefers other names in the space.

Have a lot of issues and some of them are huge. Have a new board and are working through all their issues and the share price has reacted favourably but he can’t buy the stock based on valuation. When he evaluates the name, it doesn’t look that cheap to him.

Has a new CEO which dropped $1 million on stocks. Just signed the Muskrat Falls project in Newfoundland. Just awarded the Ottawa LRT a few days ago. Involved in 40 different countries. If you believe that there is a worldwide economic recovery, this is a no-brainer. Backlog has been increased to $2.2 billion.

Outstanding company. 10^th largest engineering company globally. Had a series of issues starting with Libya and Bangladesh. If it was contained to countries that have had really bad governments they could probably weather the storm of scandals. They are now tarred with the brush of the corruption commission in Québec that is looking into the whole construction industry.

Has cleaned house and has a new CEO and soon, new Board members. In the meantime, it continues to win new contracts in Canada and elsewhere and has a record backlog of more than $10 billion. When the headlines disappear the stock price will rise back to the $50+ level last seen in 2011.

Has been a crazy story to follow. When he sees red flags like that he stays away. Valuation is not wildly cheap, although they are expected to grow their business next year. They are doing the right things. At 10 times earnings it would be worth the headline risk, but not at this valuation. Prefers other names.

Sold his holdings at around $50. Coming off now because of the 2^nd primary scandal that has come up. Chart shows a cluster this year at between $35 and $41. This whole space is rather interesting. He would probably be interested if it held at about $36.

A former VP was arrested in Switzerland over allegations of money laundering and fraud. Seems that there is the risk that this has been going on far longer than people had thought. Also, who in the company knew? If you own, you may want to consider your position for tax loss selling. There are probably better ways to invest your money.

(Market Call Minute) He is not a bottom fisher.

(Market Call Minute) Quite cheap and a buy under $40. Just got a contract today with a mine.