Rogers Sugar Inc

RSI-T

TSE:RSI

4.77
0.00 (0.00%)
Rogers Sugar Income Fund is the income trust that was established in October 1997 to act as a holding company for Lantic Sugar Limited that operates in Eastern Canada and Rogers Sugar Ltd. that is based in Western Canada.
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Analysis and Opinions about RSI-T

Signal
Opinion
Expert
SELL STRENGTH
SELL STRENGTH
January 9, 2020
Doesn't think dividend will be guillotined. Disappointing because it doesn't grow. Sugar is not a growth business. It's not a growth stock and probably never will be. Hold and try to trade it at the middle of its range.
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Rogers Sugar Inc (RSI-T)
January 9, 2020
Doesn't think dividend will be guillotined. Disappointing because it doesn't grow. Sugar is not a growth business. It's not a growth stock and probably never will be. Hold and try to trade it at the middle of its range.
COMMENT
COMMENT
September 10, 2019
The sugar business is stable; it's a duopoly in Canada, though it's facing pushback from health advocates. Also, China may boycott maple syrup, so that's a challenge. Sugar is very low growth. The dividend is safe.
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Rogers Sugar Inc (RSI-T)
September 10, 2019
The sugar business is stable; it's a duopoly in Canada, though it's facing pushback from health advocates. Also, China may boycott maple syrup, so that's a challenge. Sugar is very low growth. The dividend is safe.
DON'T BUY
DON'T BUY
August 16, 2019
It's part of a duopoly in Canada, but new players will likely enter this industry, so he wouldn't buy it. Dividend of 6.9% which should be safe.
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Rogers Sugar Inc (RSI-T)
August 16, 2019
It's part of a duopoly in Canada, but new players will likely enter this industry, so he wouldn't buy it. Dividend of 6.9% which should be safe.
DON'T BUY
DON'T BUY
July 4, 2019
There are two players in Sugar. It is such a slow growing industry that this one diversified into maple syrup and due to teething problems, their debt went up. He does not own it for because of the debt.
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There are two players in Sugar. It is such a slow growing industry that this one diversified into maple syrup and due to teething problems, their debt went up. He does not own it for because of the debt.
DON'T BUY
DON'T BUY
May 9, 2019
Good dividend. It is a mature company. They went into maple syrup recently. Watch out as they try to transition to syrup. If it breaks down below $5.75 it could be an indication we could see further weakness.
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Good dividend. It is a mature company. They went into maple syrup recently. Watch out as they try to transition to syrup. If it breaks down below $5.75 it could be an indication we could see further weakness.
DON'T BUY
DON'T BUY
January 17, 2019
Involved in a duopoly in Canada. They bought a maple syrup company and debt levels went up. Sugar in Canada is a slow growth business and he is concerned about their payout ratio.
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Rogers Sugar Inc (RSI-T)
January 17, 2019
Involved in a duopoly in Canada. They bought a maple syrup company and debt levels went up. Sugar in Canada is a slow growth business and he is concerned about their payout ratio.
HOLD
HOLD
November 15, 2018
An income stock. There is not a lot of growth and high tariff issues. He would not strongly endorse it but it pays a nice dividend.
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Rogers Sugar Inc (RSI-T)
November 15, 2018
An income stock. There is not a lot of growth and high tariff issues. He would not strongly endorse it but it pays a nice dividend.
PAST TOP PICK
PAST TOP PICK
September 24, 2018

(A Top Pick Sep 25/17, Up 2%) It is a duopoly in Canada. They hedge themselves. When the new CEO came into to diversify them in to such things as maple syrup, the stock has not performed that well because they were behind with integration. This is a great integration point.

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Rogers Sugar Inc (RSI-T)
September 24, 2018

(A Top Pick Sep 25/17, Up 2%) It is a duopoly in Canada. They hedge themselves. When the new CEO came into to diversify them in to such things as maple syrup, the stock has not performed that well because they were behind with integration. This is a great integration point.

DON'T BUY
DON'T BUY
August 29, 2018

The problem is that it's the beneficiary of a tariff wall against American sugar. This is too scary if you rely on income for your portfolio. Buy Crombie REIT or Fortis or a telco, instead, because their dividends are more reliable and safer.

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Rogers Sugar Inc (RSI-T)
August 29, 2018

The problem is that it's the beneficiary of a tariff wall against American sugar. This is too scary if you rely on income for your portfolio. Buy Crombie REIT or Fortis or a telco, instead, because their dividends are more reliable and safer.

COMMENT
COMMENT
June 12, 2018

This is an interesting stock to consider in the face of current discussions of tariffs. The United States sugar industry is heavily protected, and Rogers is protected in Canada. It is one of two main producers, a duopoly behind a tariff wall. He has wondered how long that wall would stand. With Trump in power, he thinks this wall will stay up for longer, making this stock more attractive. However, sugar is a low-growth or no-growth commodity. The social trend is against it and the younger generation consumes less of it. The yield is high (about 6%) and will probably not come down, but it is strictly a yield play. (Analysts' price target is $6.25)

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This is an interesting stock to consider in the face of current discussions of tariffs. The United States sugar industry is heavily protected, and Rogers is protected in Canada. It is one of two main producers, a duopoly behind a tariff wall. He has wondered how long that wall would stand. With Trump in power, he thinks this wall will stay up for longer, making this stock more attractive. However, sugar is a low-growth or no-growth commodity. The social trend is against it and the younger generation consumes less of it. The yield is high (about 6%) and will probably not come down, but it is strictly a yield play. (Analysts' price target is $6.25)

BUY
BUY
December 11, 2017

This is a new position he added this year because of the new CEO’s strategy to grow the business. He really likes the new strategy with Maple Sugar. He can see them growing into other forms of ingredients. If they can execute, which he thinks they will, this company could have some good upside if you hang on for the long run.

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Rogers Sugar Inc (RSI-T)
December 11, 2017

This is a new position he added this year because of the new CEO’s strategy to grow the business. He really likes the new strategy with Maple Sugar. He can see them growing into other forms of ingredients. If they can execute, which he thinks they will, this company could have some good upside if you hang on for the long run.

HOLD
HOLD
November 28, 2017

Seasonally, this is the time of year when people buy all kinds of sweets. The period of seasonal strength is from December through until the end of the year. The chart shows SGG-N has formed a nice little base pattern and has just broken above its trading range. There is a pretty good chance that the stock will move above its current trading range. If you own, continue holding and look for a break out in the next couple of weeks.

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Rogers Sugar Inc (RSI-T)
November 28, 2017

Seasonally, this is the time of year when people buy all kinds of sweets. The period of seasonal strength is from December through until the end of the year. The chart shows SGG-N has formed a nice little base pattern and has just broken above its trading range. There is a pretty good chance that the stock will move above its current trading range. If you own, continue holding and look for a break out in the next couple of weeks.

COMMENT
COMMENT
November 24, 2017

Besides sugar, this is now going into maple syrup. Thinks that is a smart move. The company has been a great spin off in terms of dividends. Has never bought this, but wishes he had. Maple sugar is not out of favour the way sugar is. He is not buying, because there is not enough upturn in the stock. They pay a really good dividend.

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Rogers Sugar Inc (RSI-T)
November 24, 2017

Besides sugar, this is now going into maple syrup. Thinks that is a smart move. The company has been a great spin off in terms of dividends. Has never bought this, but wishes he had. Maple sugar is not out of favour the way sugar is. He is not buying, because there is not enough upturn in the stock. They pay a really good dividend.

HOLD
HOLD
October 19, 2017

It is a pretty good income stock but only that. It has low growth and high debt ratio. Their quota is in Canada. It is a nice little income stock. Take the dividend but don’t expect a lot of growth.

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Rogers Sugar Inc (RSI-T)
October 19, 2017

It is a pretty good income stock but only that. It has low growth and high debt ratio. Their quota is in Canada. It is a nice little income stock. Take the dividend but don’t expect a lot of growth.

TOP PICK
TOP PICK
September 25, 2017

The new CEO wants to implement a growth strategy. They just acquired a Maple Syrup products exporter, the biggest in the world. You should see a re-rating of the stock to a growth stock. (Analysts’ target: $7.00).

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Rogers Sugar Inc (RSI-T)
September 25, 2017

The new CEO wants to implement a growth strategy. They just acquired a Maple Syrup products exporter, the biggest in the world. You should see a re-rating of the stock to a growth stock. (Analysts’ target: $7.00).

COMMENT
COMMENT
June 13, 2017

Had owned this for many years. Great operators. It is a duopoly business. The sugar market in Canada is protected, and once in a while they get to export some sugar. More artificial sweeteners are coming into the market, so Rogers has to be aware of that. The balance sheet is not great and the growth is not there. If you are starved for yield, this is not the worst idea in the world. 5.7% dividend yield.

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Had owned this for many years. Great operators. It is a duopoly business. The sugar market in Canada is protected, and once in a while they get to export some sugar. More artificial sweeteners are coming into the market, so Rogers has to be aware of that. The balance sheet is not great and the growth is not there. If you are starved for yield, this is not the worst idea in the world. 5.7% dividend yield.

HOLD
HOLD
June 8, 2017

He has never actually bought into it. You have the dividend (almost 5.7%), but he does not know if it is time to take some off the table. If markets have a blow off this is a good company to have and they will keep paying the dividend.

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He has never actually bought into it. You have the dividend (almost 5.7%), but he does not know if it is time to take some off the table. If markets have a blow off this is a good company to have and they will keep paying the dividend.

SELL
SELL
October 7, 2016

Has a good dividend but seems a little overpriced right now. The sugar market is very tricky. Relationship with Cuba, a big sugar manufacturer, is softening, and if they got back into the US market it would have a big impact. If you own, he would consider taking your profits.

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Rogers Sugar Inc (RSI-T)
October 7, 2016

Has a good dividend but seems a little overpriced right now. The sugar market is very tricky. Relationship with Cuba, a big sugar manufacturer, is softening, and if they got back into the US market it would have a big impact. If you own, he would consider taking your profits.

COMMENT
COMMENT
September 1, 2016

Sold his holdings. This is really benefiting from being a good dividend play. Selling sugar is not exactly the best story in the world when there is so much talk about obesity, etc. However, they have a monopoly. If the stock pulled back materially, he would take another look at this. Dividend yield of 5.6%.

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Rogers Sugar Inc (RSI-T)
September 1, 2016

Sold his holdings. This is really benefiting from being a good dividend play. Selling sugar is not exactly the best story in the world when there is so much talk about obesity, etc. However, they have a monopoly. If the stock pulled back materially, he would take another look at this. Dividend yield of 5.6%.

COMMENT
COMMENT
August 9, 2016

Has been a bit of a turnaround story. The industry was really competitive for a lot of years. They have put up a number of good quarters in a row, and has a pretty high dividend. This is more likely than not, to continue.

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Has been a bit of a turnaround story. The industry was really competitive for a lot of years. They have put up a number of good quarters in a row, and has a pretty high dividend. This is more likely than not, to continue.

COMMENT
COMMENT
July 21, 2016

Stock has done well, and ranks well in his dividend model. Dividend yield of 6.2%, which may seem high, but in this case the coverage seems pretty good. Free cash flow is 3.5% and the PE is 16X against 26% trailing earnings growth, giving a .6 PEG. Sugar prices are at the highest level since 2012.

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Stock has done well, and ranks well in his dividend model. Dividend yield of 6.2%, which may seem high, but in this case the coverage seems pretty good. Free cash flow is 3.5% and the PE is 16X against 26% trailing earnings growth, giving a .6 PEG. Sugar prices are at the highest level since 2012.

COMMENT
COMMENT
June 3, 2016

Seasonally sugar tends to be favourable in the summer. It has done quite well from February lows, almost doubling. Moving averages are still trending higher. RSI is above 70, which is very much overbought, so the risk is that you get a swift pullback. The trend is your friend, but you have to be careful.

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Seasonally sugar tends to be favourable in the summer. It has done quite well from February lows, almost doubling. Moving averages are still trending higher. RSI is above 70, which is very much overbought, so the risk is that you get a swift pullback. The trend is your friend, but you have to be careful.

WATCH
WATCH
May 30, 2016

Go to a charting program and apply momentum indicators like RSI an stochastics. There are overbought and oversold levels. He thinks you would find that it is overbought. There should be a pullback.

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Go to a charting program and apply momentum indicators like RSI an stochastics. There are overbought and oversold levels. He thinks you would find that it is overbought. There should be a pullback.

BUY
BUY
May 9, 2016

He does not see any major resistance until $5.50 and he thinks we can break above that. He thinks we can re-test the $6.50 area.

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He does not see any major resistance until $5.50 and he thinks we can break above that. He thinks we can re-test the $6.50 area.

COMMENT
COMMENT
May 6, 2016

This went to sleep for about 3 years. Volumes had declined and costs went up. It was a situation where you couldn’t see any growth. Suddenly they turned this around over the past 3 quarters. The last quarter was quite good. Volumes went up and costs went down giving a double impact of better margins with higher volumes. There are some risks because it is cyclical. 6.57% dividend yield which is sustainable. For an income stock it is pretty solid. He wouldn’t expect the same kind of gains that we have had over the past 6-9 months, but a decent little company.

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This went to sleep for about 3 years. Volumes had declined and costs went up. It was a situation where you couldn’t see any growth. Suddenly they turned this around over the past 3 quarters. The last quarter was quite good. Volumes went up and costs went down giving a double impact of better margins with higher volumes. There are some risks because it is cyclical. 6.57% dividend yield which is sustainable. For an income stock it is pretty solid. He wouldn’t expect the same kind of gains that we have had over the past 6-9 months, but a decent little company.

TOP PICK
TOP PICK
March 30, 2016

This is now over his company’s target of $4.80, but if the inflation situation continues to creep in, especially on the food side, sugar refiners should do well. Dividend yield of 7.09%.

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This is now over his company’s target of $4.80, but if the inflation situation continues to creep in, especially on the food side, sugar refiners should do well. Dividend yield of 7.09%.

HOLD
HOLD
November 26, 2015

Western Canada sugar extraction from beets. In the US there is a powerful sugar lobby that dictates how much sugar can come into the US. It is a smaller company that will grow or be taken out. 8.4% dividend.

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Rogers Sugar Inc (RSI-T)
November 26, 2015

Western Canada sugar extraction from beets. In the US there is a powerful sugar lobby that dictates how much sugar can come into the US. It is a smaller company that will grow or be taken out. 8.4% dividend.

HOLD
HOLD
February 4, 2015

In a bit of a duopoly situation, but there is no growth and they are struggling with margins. There are other companies with better growth. Hold it just for income.

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Rogers Sugar Inc (RSI-T)
February 4, 2015

In a bit of a duopoly situation, but there is no growth and they are struggling with margins. There are other companies with better growth. Hold it just for income.

COMMENT
COMMENT
December 3, 2014

The price of this tends to benefit from the rise in sugar prices, which tends to do well in the last quarter of the year, all the way through to March. Tends to benefit from all the holidays that have an increased demand for sugar. Also has a bit of a spurt in June. Sugar has been showing some signs of bottoming as the strong US$ has been hurting it. This stock has tended to show higher highs and higher lows. It looks good over the intermediate-term all the way through to March. Take your profits when Easter comes and that should be a good trade.

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Rogers Sugar Inc (RSI-T)
December 3, 2014

The price of this tends to benefit from the rise in sugar prices, which tends to do well in the last quarter of the year, all the way through to March. Tends to benefit from all the holidays that have an increased demand for sugar. Also has a bit of a spurt in June. Sugar has been showing some signs of bottoming as the strong US$ has been hurting it. This stock has tended to show higher highs and higher lows. It looks good over the intermediate-term all the way through to March. Take your profits when Easter comes and that should be a good trade.

DON'T BUY
DON'T BUY
May 22, 2014

This is a regulated market and there is a bit of an oversupply. Mexico is one of their big customers and it is over supplied at the moment. Can’t see how this company grows. Wouldn’t be interested in this one. 8% yield.

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This is a regulated market and there is a bit of an oversupply. Mexico is one of their big customers and it is over supplied at the moment. Can’t see how this company grows. Wouldn’t be interested in this one. 8% yield.

DON'T BUY
DON'T BUY
May 21, 2014

Not a growth company, this is a “steady Eddie” dividend payer. The problem is that the last 4-5 quarters have been lousy and higher natural gas prices have affected them. There is a really weak demand for sugar. They are in a cutthroat competition for pricing. He owns convertible debentures which is the way he plays it.

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Not a growth company, this is a “steady Eddie” dividend payer. The problem is that the last 4-5 quarters have been lousy and higher natural gas prices have affected them. There is a really weak demand for sugar. They are in a cutthroat competition for pricing. He owns convertible debentures which is the way he plays it.

HOLD
HOLD
May 5, 2014

Is the dividend safe? This is close. Sold his holdings at about $6.50 and got back in at around $5. The trouble is that the inputs are natural gas. Also, lost some Mexican contracts. Also, the overpayment of dividends is getting into the mix. If they cut their dividend, they are going to be in trouble because of the share price. It would be more sustainable. but in this type of business, you just want to see a quiet type of company. He would be a buyer if it got a little cheaper.

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Is the dividend safe? This is close. Sold his holdings at about $6.50 and got back in at around $5. The trouble is that the inputs are natural gas. Also, lost some Mexican contracts. Also, the overpayment of dividends is getting into the mix. If they cut their dividend, they are going to be in trouble because of the share price. It would be more sustainable. but in this type of business, you just want to see a quiet type of company. He would be a buyer if it got a little cheaper.

BUY
BUY
April 25, 2014

(Market Call Minute) Management has been buying their stock. It is a Canadian dollar play.

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(Market Call Minute) Management has been buying their stock. It is a Canadian dollar play.

COMMENT
COMMENT
April 7, 2014

The big drop in February was because of an earnings miss. The one thing this has going for it is a little base being built. If it holds at around $4.50-$4.45, that would be good. There is going to be a lot of overhead resistance not far away. If you own, he would use a Stop of around $4.30.

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The big drop in February was because of an earnings miss. The one thing this has going for it is a little base being built. If it holds at around $4.50-$4.45, that would be good. There is going to be a lot of overhead resistance not far away. If you own, he would use a Stop of around $4.30.

DON'T BUY
DON'T BUY
March 27, 2014

Has gone down and stabilized over the past few weeks. Reported an awful 4th quarter. Analysts are concerned they could cut the dividend and he is as well. A dividend cut has already been priced into the stock. He sold his holdings and bought their convertibles. Management has been buying back shares.

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Has gone down and stabilized over the past few weeks. Reported an awful 4th quarter. Analysts are concerned they could cut the dividend and he is as well. A dividend cut has already been priced into the stock. He sold his holdings and bought their convertibles. Management has been buying back shares.

PARTIAL SELL
PARTIAL SELL
March 18, 2014

Chart shows an uptrend channel running from 2009 up to the end of 2012. Believes this is probably sensitive to natural gas prices. You have to decide if the natural gas run is over. He expects the big advance of natural gas is now behind us so this is probably okay at this price but he wouldn’t add at this price, and if you own, he would consider reducing your holdings. 8% dividend yield.

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Chart shows an uptrend channel running from 2009 up to the end of 2012. Believes this is probably sensitive to natural gas prices. You have to decide if the natural gas run is over. He expects the big advance of natural gas is now behind us so this is probably okay at this price but he wouldn’t add at this price, and if you own, he would consider reducing your holdings. 8% dividend yield.