Summer Sale

50% off Premium Yearly

00days
00hrs
00mins
00secs

IPSCO Inc (IPS.TO)

COMMENT
Great steel company. Very well run. Products of tubular steel and pipelines are in the hot spot. With a drop off in energy prices and steel, the stock has come off. Making an acquisition that will be synergetic. Not sure if now is the time to get into steel stocks.
HOLD
He still likes this stock. In the short term natural gas growth will be constrained. In the long term it will do well. Holders may see some sogginess in the next 6 months. It may be a takeover candiate
WEAK BUY
Buying NS Group (NSS-N), a US based tube manufacturer. Good in that it is geographically diverse, tubular instead of plate and its accretive. Slowing economic growth can start to impact them. He has exited all his steels, but with this pullback, it it may not be a bad entry point.
BUY
The P/E for the last 3/4 years has been remarkably low. Company continues to do well. Good value play. Excellent company, excellent valuation. Very volatile.
DON'T BUY
Great operation, management, assets and low-cost, but he wouldn't be interested in playing the steels.
TOP PICK
All 3 Top Picks are tremendous cash flow generators that are not getting any respect from the market. Tremendous steel company. Tubular steel products. $600 million of cash on the balance sheet. Will likely make $18 this year so they are trading at 6 X earnings.
WAIT
With steel production coming on in China, there could be some major competition. Trades at a very reasonable multiple. Hopes that they will split the stock. A dividend increase could lure him back into the stock. Any announcements on the Mackenzie pipeline could lift this stock.
BUY
Good exposure to the oilfield and pipeline industry as well as the construction in the oil sands. Earnings were very good. Price is reasonable.
DON'T BUY
Steel stocks globally show the same chart pattern. Expects that it could come back to about $70.
DON'T BUY
This stock looks dreadful to him. The profit decline is very severe. Expect there will be more downside.
COMMENT
This has always appealed to him conceptually, but he has always missed it. The future looks very bright for it. Hasn't done enough homework to make a recommendation.
BUY
Trading around 7/8 X earnings. They manufacture large pipe for moving oil/gas so if some pipelines goes through, they will be the major beneficiary. They have a solid earnings outlook for the next several years.
BUY
Likes the tubular products. Thinks this will be a strong business as far as the eye can see. There is a tremendous amount of infrastructure that has to be developed involving the oil sands which will go on for 10/20/30 years.
BUY
Makes tubular steel products for the oil/gas industry. A good company. Cyclical. Good price.
BUY
A good quality company. It could fall further so buy only half a position and then pick away at it over time.
Showing 16 to 30 of 162 entries