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Canam Group Inc. (CAM.TO)

BUY
Construction and various services. Does a lot of work with major arenas. Believes in the company. Good balance sheet. More than 60%-70% of its business is done in the US. Dividend of about 2.25%. Anywhere under $7 is fundamentally cheap. Book value of around $7.90.
HOLD
Book Value a little over $9. Excellent disciplined management. Very levered to the US economy with bridge building and the joist market. Stepped on a rake when they underbid on BC Place so ended up with a $34 million loss, which is very uncharacteristic of them. Still likes what he sees and a good stock to hold over the next 6 to 12 months. About a 2% dividend.
BUY
Excellent management. Stock recently popped after disappointing earnings but going forward margins will be picking up. If you believe in the US economy, they will do quite well.
PAST TOP PICK
(A Top Pick May 21/10. Down 4.36%.) Still likes.
PAST TOP PICK
(A Top Pick May 21/10. Down 7.64%.) Still likes. Well managed. All set up for the next cycle.
TOP PICK
Quebec-based steel fabricator. BV of around $9. Pristine balance sheet, virtually debt-free. 2.1% dividend. Just made a major acquisition of a US structural steel fabricator, which will increase their EBITDA by as much as $50 million. 70% of their business is in the US. Own a US bridge refurbishing company.
BUY
Started to make a base in recent months followed by a little rise and it has managed to break above the 200-day moving average.
PAST TOP PICK
(A Top Pick Oct 26/05. Up 38%.) Sold all his stock last month when they disappointed.
BUY
Doing extremely well. They are now more focused on the bottom line. Earnings and margins are expanding.
PAST TOP PICK
(A Top Pick Nov 8/05. Up 1.2%.) Hasn't taken off the way he wanted. This is a company that could take advantage of the commodities boom and infrastructure building. Stock is cheap and is still a buying opportunity.
TOP PICK
A Quebec based engineering firm. Had a terrific quarter. Has a very strong backlog. Trades at a verly low price to earnings multiple. Feel it's being overlooked by the market.
TOP PICK
Very low forward P/E. Have a lot of depreciation and not much capX any more. There has been a change of focus with the bottom line being building cash. Earnings are up year after year and sales are up.
TRADE
Feels the steel business has a couple more quarters of upside. Doesn't follow this company very much.
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