Opinions Michele Robitaille
Great Lakes Carbon Income FundGLC.UN.TOBUYApr 15, 2005
Went through a rough patch in 2004 because of the high freight rates giving a margin squeeze. Had to dip into their subordination. Have quite an attractive subordination with AIP. Have been able to negotiate very strong sales price realization through most of their major customers. Demand/supply looks very strong.
Michele RobitailleOwned
$12.15
Stock price when the opinion was issued
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The world's largest producer of calcine petroleum coke. The pricing for their commodity is quite strong because of the limited supply. Have generated good margins. The good news is built into the stock now.
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BUY
Has been a little bit beat up because it's a US company in the Canadian market. Lost one of their smaller customers. Outlook for this company is excellent.
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BUY ON WEAKNESS
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