Viterra Inc (VT.TO)

BUY
You are into a fairly strong cycle in regards to grains. There is a big demand on grains to create alternative fuels. You have seen a lot of the upside over the last little while, but it may still have some more. Well run.
BUY
Management is absolutely brilliant. A good solid hold as long as the weather works for them. Not the best thing to hold, but this is boom times for the farmers, which generally means they will spend. Kind of fully valued for the time being.
COMMENT
Has been going in an uptrend for a while and is still moving up. As long as it doesn't violate the trendline, you are probably okay. Just watch the trendline.
TOP PICK
Saskatuwan wheat pool. He likes the agricultural business. Different sectors surge in sequence. Energe, gold, now agriculture. Their style is watching trends and macro-trends. Paid in the 10's.
DON'T BUY
Doesn't like it at these prices, it would have to go down to $7 or $8. For momentum players, they might like it. But for their system it is too expensive.
BUY
The agricultural space held up very well through the month of August. This company is not cyclical and is more secular by nature, which he prefers. There is a long-term opportunity here.
TOP PICK
Stock has been base building since 2003 and went through a lot of fundamental changes. Has gone through another major accumulation area and is on the verge of another up move.
HOLD
Has grown tremendously in size. Control about 40% of the market place. Took on about $800 million in debt. Could go a long way from here.
TOP PICK
Like agriculture from sector standpoint. Fertilizer should do well.
COMMENT
For long-term holdings, he would focus on the agricultural cycle. His choices would be CNH Global (CNH-N), Mosaic (MOS-N) or Agrium (AGU-T). John Deere would be another choice (see his Top Picks).
TOP PICK
Going through a fairly major integration right now. Urged with Agricore, so there are a lot of synergies. Going to more value added projects, which should expand margins and profitability. A cheaper way to play the agricultural sector.
COMMENT
Wheat board has been allowed to retain barley, which has been a short-term negative. Like the merger with Agricore. Highly sophisticated services. Think it should go up further. Keep an eye on the weather.
BUY
His model price is $14.75, a positive 30% differential. Had a nice pullback. The only proviso is that he only has 3 analysts’ estimates and he would prefer seeing more to give him more confidence in his model price.
TOP PICK
Just completed a merger with Agricore (AU-T), making them the dominant grain distributor in western Canada. Market rotation has gone from energy to metals and now to anything related to agriculture. Over the next few years, wheat is going to be a hot commodity and this is a good way to play it.
TOP PICK
Hit a 52 week high today. Recently merged with Agricor creating a very large cap at a time when the whole condition of the grain industry is strong. Super management. It will march onward and upward.
Showing 181 to 195 of 269 entries