Logistec Corp (LGT.B.TO)

A great opportunity to buy it now that it has come down. Their Aqua Liner business is gaining huge traction. They just doubled their container facilities in Montreal and one of their biggest customers is a marine cargo customer.

He has owned for 9 years now. It is one of his biggest winners. They are doubling their container facility in the port of Montreal. Their pipe lining company has exploded. The stock has been re-valued.

A port operator on the Eastern seaboard that owns and operates a number of ports in Eastern Canada and the US. They are beneficiaries of increasing global trade. These assets, that are considered infrastructure types, are becoming more and more valuable as more institutional investors look to own these types of businesses. Trades at 12-13 times enterprise value to EBITDA, so not particularly cheap. However, for an asset of that quality and a company that has had very steady earnings growth over time, it is probably warranted.

One of his largest holdings for 9 years. Used to be dirt cheap and growing and is now revalued as an infrastructure stock. They have some huge projects to expand their container facility in Montreal. Well warranted valuation. 15 times forward earnings. Buy it and put it away.

One of his oldest holdings. One of his best performers and biggest overall position. Marine cargo handling in eastern North America and an environmental business to line water pipes without ripping up a whole city street. Doing a huge expansion of their Montreal port. Sees very good growth ahead. It is fairly illiquid.

Whenever he looks at stocks, he wants to know if they are basing, topping or trending. This is an example of a trending stock, higher highs and lower lows. If you are Long the stock, you should stay in it.

(Market Call Minute.) Terminal operator. Great company and good cash flow. Good valuation. Definitely a Buy.

Owns and operates port assets. Has gotten a little more expensive. Not followed by many people and is a pretty darn good business.

Involved basically in loading cargo at ports. Have a very good position in North America. If you believe the economy is going to get better and more and more trade is going to be happening from Canada and the US, this would be a big beneficiary of that. Sold his holdings 3 or 4 months ago because it had gone up a lot and he took profits. Tightly controlled by a small number of investors so is not very liquid.

Chart shows an enormous parabolic move in the last part of 2013. A move like this will eventually be corrected in some way. It could be through consolidation or an outright pull back. In this case, there is a little bit of consolidation. As long as it holds in the low to mid $50s it looks okay. If it breaks, then you have a topping formation in play. Just be very, very careful that the support level does not break.

Has no fundamental information on this company. Chart shows a long run from early 2012 up to the end of 2013 followed by a pullback, which is not unusual. This could consolidate for a while, probably around $50. Support level is around $51-$52. If it breaks below that, there is a lot of downside to contend with. It would be important to put a stop in this simply because of how quickly it has risen up.