KEY-T 0.18 BIP.UN-T -0.15 POW-T -0.1 BBD.B-T 1.53 UNH-N -5.61 NTR-T 0.52 TGT-N 1.27
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Mark Jackson, CFA Novelis Inc. (bought by Hindalco an Indian based compa NVL-T DON'T BUY Feb 01, 2005

Sold their position shortly after the spinout. Had owned Alcan as a play on the aluminum commodity and weren't interested in the rolled product business. A good business, but the debt levels looked fairly high. Valuation looks attractive. Will probably be bit of an orphan stock in regards to street coverage.
Mark Jackson, CFAMark Jackson, CFA
No
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$28.450

Stock price when the opinion was issued

metal fabricators
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DON'T BUY

Novelis Inc. (bought by Hindalco an Indian based compa(NVL-T)

Mar 29, 2005
Q: Preference between Alcan (AL-T) and this company? A: Prefers the metal producer Alcan over the packager. Alcan, relying on aluminum prices, can be more volatile, but he's a believer in aluminum prices.
David BaskinDavid Baskin
No
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$26.150

Stock price when the opinion was issued

metal fabricators
BUY

Novelis Inc. (bought by Hindalco an Indian based compa(NVL-T)

Apr 18, 2005
Likes this along with Alcan (AL-T).
Pierre BernardPierre Bernard
Owned
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$26.880

Stock price when the opinion was issued

metal fabricators
TRADE

Novelis Inc. (bought by Hindalco an Indian based compa(NVL-T)

Jul 14, 2005
The manufacturing can side of aluminum. A spin off from Alcan (AL-T). Less cyclical so would prefer this one at today's prices. However, Alcan has some recovery coming, so would prefer it now.
Bruce Campbell (1)Bruce Campbell (1)
Unknown
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$32.950

Stock price when the opinion was issued

metal fabricators
PAST TOP PICK

Novelis Inc. (bought by Hindalco an Indian based compa(NVL-T)

Aug 11, 2005
(A Top Pick Feb 9.05. Down 3.5%.) Had some caps in their contracts as to how much of the aluminum price they could pass on. That is a major concern.
Gordon Higgins, CA, MBAGordon Higgins, CA, MBA
Owned
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$27.890

Stock price when the opinion was issued

metal fabricators
DON'T BUY

Novelis Inc. (bought by Hindalco an Indian based compa(NVL-T)

Aug 25, 2005
When you get bad news in the market, it can generally stay for some time. Shareholders that got in at higher prices are looking for their price in order to exit.
David BurrowsDavid Burrows
No
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$28.240

Stock price when the opinion was issued

metal fabricators
DON'T BUY

Novelis Inc. (bought by Hindalco an Indian based compa(NVL-T)

Sep 29, 2005
Not bullish on global economic prospects.
John ZechnerJohn Zechner
No
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$24.840

Stock price when the opinion was issued

metal fabricators
HOLD

Novelis Inc. (bought by Hindalco an Indian based compa(NVL-T)

Oct 11, 2005
This was spun out from Alcan (AL-T) a while and the market just hasn't warmed up to it and yet they're not in a bad business. Have good operations in North America and Europe. If he's right on the future of materials, this should do quite well going forward.
Michael SprungMichael Sprung
No
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$23.970

Stock price when the opinion was issued

metal fabricators
TOP PICK

Novelis Inc. (bought by Hindalco an Indian based compa(NVL-T)

Nov 04, 2005
A stock that's not that well understood. Covered primarily by mining analysts as it was a spinoff from Alcan (AL-T). Not really a mining company and has no commodity price risk. Basically a manufacturing company. Just announced they are going to be adding a freight rider increase on their pricing.
Bill MacLachlanBill MacLachlan
Owned
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$23.150

Stock price when the opinion was issued

metal fabricators
SELL

Novelis Inc. (bought by Hindalco an Indian based compa(NVL-T)

Dec 21, 2005
Hasn't found a bottom yet. A lot of people are jettisoning this position on tax loss selling. Only has one estimate, so take his comments with a grain of salt. His model price is right around the current price.
Brian Acker, CABrian Acker, CA
No
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$19.380

Stock price when the opinion was issued

metal fabricators
BUY

Novelis Inc. (bought by Hindalco an Indian based compa(NVL-T)

Feb 13, 2007
A lot of takeover speculation on this. When you look at the assets and the depth of the company, you can start to get some pretty big numbers.
Robert FloydRobert Floyd
Unknown
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$51.150

Stock price when the opinion was issued

metal fabricators

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