Shawcor Ltd. (A) (SCL.TO)

Can’t see any reason why this wouldn’t do well. We are going to see a lot of pipelines get built and a lot more infrastructure built. They are getting a good return on equity.

Global piping coating company but it is in their universe. Just reported a record quarter. Just collapsed their share structure. She is waiting for an active shareholder to be bought out, perhaps at a discount and she might want to participate. It is a buy today for the retail investor. She is a Bull on Energy Infrastructure.

Done well for him. Where others find oil is not where the pipelines are. This one has the possibility to participate in pipeline construction. Thinks the peak earnings can last for much longer than the past.

(Market Call Minute) A decent name to hold.

Very well managed company. They put the company up for sale last year, but didn't manage to sell it, making you wonder why. There's not anything wrong with the company, but maybe asking too rich of a price. Stock is expensive. It's not clear.

Eliminated their dual class share structure which is a positive. Continues to like the fundamentals of this company. Their quarterly report should be coming up shortly. With all the infrastructure being built, she would continue to hold.

Not the time to be stepping into the energy sector right now. It does have a seasonal trend that comes up in July that runs into September. This one is a little bit different as it is into pipe coating. Currently, it is quite positive and is in a consolidation pattern. Watch out as the chart shows a lower high. If it keeps going in this pattern and breaks through the $38 level, that would mean it is a negative

(A Top Pick March 19/13. Up 1.03%.) Did a reorganization and went from a multiple class of shares down to a single class and gave a $1 special dividend. Have a couple of years of backlog. Great franchise of coating pipelines globally. Strong free cash flow and a cheap multiple. We could go into a pipeline super cycle here because of all the energy assets that are being discovered.

Shaw family put their stake up for sale in Dec/12 and the share price took off. There wasn’t a bidder with an attractive price so the company decided to buy the shares at a premium. This didn’t go over well with some institutional investors. Dual Class share structure is now eliminated, which he likes. Largest pipe coating manufacturer globally. A lot of pipelines are 50-60 years old so this is a great structural play. Just bought the number 2 competitor in the offshore space so expects margins to increase dramatically. Feels it could breach $50 in 12 months.

Believes pipelines will be one of the great growth areas in Canada. You will see new pipelines being built. Trans-Canada is going to cross country.

They are in a sweet spot. Getting rid of the share structure was probably a good idea. This could be a good entry point. 2-4 year outlook on them is very good.

There is a renaissance going on in energy production through shale in North America and internationally with some major finds. The need for pipelines is entering into a super cycle and now there are a lot of new places where new pipelines have to be built. The best way to play this is through the guys that are leveraged to build the pipelines. Still room for growth in the backlog and margins could possibly expand.

(Top Pick Mar 8/12, Up 20.69%)

Actually returning to the valuation it had before it put itself up for sale. His model price is $57.04, almost a 50% upside. If it dropped back to $30.10, that would be a wonderful opportunity to pick some up.

(A Top Pick Jan 27/12. Up 32.86%.)