Whistler Blackcomb Holdings (WB.TO)

Chose this as a good dividend name and thinks the dividend yield of about 5% is sustainable. There is not a lot of supplies coming on in terms of new ski mountains. They are in the process of putting through an application to extend their concession, which would really ramp up summer traffic.

Has a really good yield of 4.8%. Going through a Renaissance on a number of levels such as the pickup in the global economy. Early indications are that the growth in their season pass is only about 5% right now. A good name.

Opened a week early and bookings have been very strong. He likes the pricing power. Every year they raise the ticket pricing. With the Canadian dollar lower and lower fuel prices for airlines, he is hoping that a lot more foreign tourists come. A wonderful, wonderful business.

(A Top Pick July 3/13. Up 35.77%.) This is an irreplaceable asset. A long life lease in BC. Every year they are able to raise prices. Working very hard to make it a 4 seasons resort. There is room for the 5.5% dividend to go higher.

When he bought this he felt it was way too cheap. Could also see that they would benefit from the drop in the Cdn$ and an improving economy. Every year they raise prices and they have a nice long lease on the mountain. Every year more people are taking up skiing and snowboarding. However, it didn’t snow for the 1^st few weeks in December but there is lots of snow now. Working on trying to make this a year round resort. Yield of 6.4%.

Looking at little bit toppy and looks like it is going to test the $15.75 level. Be patient. Relative Strength Indicator (RSI) and the MACD have already turned down in December. You would want to see this hold $15.75. If it doesn’t, it will probably come back to the breakout level of around $13.50, which happens to be its long-term trend line.

You have a lot of asset value backing up your investment. Significant yield. Look into the balance sheet leverage, but not a bad investment. 6.6% dividend yield.

Depends completely on weather. It has started snowing. They are looking at pushing the opening a few weeks early because of weather. There has not been a problem in 20 years in terms of weather. He would be more concerned with the economy. As it improves and as Cad$ goes down, there will be more demand. This company is like a toll road on leisure. Dividend is 7% and he sees it increasing. It is a dividend, not a REIT distribution. Thinks it will get taken out.

Trades at 30X PE, but this type of company will not be valued just on earnings because it is asset rich. Has a lot of unique assets that you cannot reproduce. They have room to expand and grow. 7.3% distribution.

Instead of buying the same old REITs all the time, why not buy a company that actually gives you a 7% dividend yield, which is much more attractive than a REIT. Also, likes that they have no real estate exposure. They essentially own the ski lifts at Whistler. Thinks they will benefit from the lower Cdn$. He sees a dividend increase in 2014, maybe 2015.