Sino-Forest Corp

TRE-T

0.00
0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about TRE-T

Signal
Opinion
Expert
COMMENT
COMMENT
August 30, 2012

Sino-Forest Corp.: Would not bank on seeing money from the investment. There is a lot of debt sitting on top of you. You might get pennies on the dollar.

Sino-Forest Corp (TRE-T)
August 30, 2012

Sino-Forest Corp.: Would not bank on seeing money from the investment. There is a lot of debt sitting on top of you. You might get pennies on the dollar.

Lyle Stein
Sr. Portfolio & Managing Director, Vestcap Investment Management
Price
$4.810
Owned
Unknown
COMMENT
COMMENT
August 26, 2011
Sold his positions at about $4.50. Trading has just been suspended by the OSC because of a lack of transparency. Have a lot of cash on the books but also a significant amount of debt.
Sino-Forest Corp (TRE-T)
August 26, 2011
Sold his positions at about $4.50. Trading has just been suspended by the OSC because of a lack of transparency. Have a lot of cash on the books but also a significant amount of debt.
Robert McWhirter
President, Selective Asset Management
Price
$4.810
Owned
No
DON'T BUY
DON'T BUY
August 22, 2011
This is literally a minefield. On an announcement, it can go down or up 20%. There is no form of technical analysis that can be applied to it. There is a tremendous amount of volume at the bottom with some recovery. This is really a gamble.
Sino-Forest Corp (TRE-T)
August 22, 2011
This is literally a minefield. On an announcement, it can go down or up 20%. There is no form of technical analysis that can be applied to it. There is a tremendous amount of volume at the bottom with some recovery. This is really a gamble.
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
Price
$5.010
Owned
Unknown
DON'T BUY
DON'T BUY
August 15, 2011
Doesn't know this one in depth but is aware of the scandals. In this environment there are enough risks that you should stay away from the speculative stocks.
Sino-Forest Corp (TRE-T)
August 15, 2011
Doesn't know this one in depth but is aware of the scandals. In this environment there are enough risks that you should stay away from the speculative stocks.
Don Lato
President, Padlock Investment Management
Price
$6.090
Owned
No
COMMENT
COMMENT
August 15, 2011
Very hard to know the fundamentals. He would use an options travel on this one because it will be completely volatile.
Sino-Forest Corp (TRE-T)
August 15, 2011
Very hard to know the fundamentals. He would use an options travel on this one because it will be completely volatile.
Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$6.090
Owned
No
DON'T BUY
DON'T BUY
August 11, 2011
This is currently just a gamble and not investing. They never had a long track record of dividends. Business model was not easy to understand.
Sino-Forest Corp (TRE-T)
August 11, 2011
This is currently just a gamble and not investing. They never had a long track record of dividends. Business model was not easy to understand.
Charles Lannon
Director of Research, Toron Investment Management
Price
$6.580
Owned
No
DON'T BUY
DON'T BUY
August 5, 2011
He was short this as the disclosure issues really bothered him, and they still do. Stay away.
He was short this as the disclosure issues really bothered him, and they still do. Stay away.
James Hodgins
Chief Investment Officer, Curvature Hedge Strategies
Price
$5.970
Owned
Yes
COMMENT
COMMENT
August 3, 2011
An impossible call. You’ve had a changing of hands of the holders. Sensitivity to muddy waters. There have been lots of accidents with China stocks. Hasn’t a clue where it is going.
An impossible call. You’ve had a changing of hands of the holders. Sensitivity to muddy waters. There have been lots of accidents with China stocks. Hasn’t a clue where it is going.
Michael Smedley
Exec VP & Chief Investment Officer, Morgan Meighan & Associates
Price
$6.300
Owned
Unknown
COMMENT
COMMENT
August 2, 2011
Got out of this when they were misstating their acreage a decade ago. He questions if they are misstating something small, there could be other larger things as will. If you are in this, be very nimble.
Got out of this when they were misstating their acreage a decade ago. He questions if they are misstating something small, there could be other larger things as will. If you are in this, be very nimble.
Michael Decter
President & CEO, Lawrence Decter Investment Counsel
Price
$6.830
Owned
No
DON'T BUY
DON'T BUY
July 25, 2011
Feels there is a bit of a short squeeze going on. A lot of companies that own the stock were not allowing it to be borrowed for shorting. There are 2 Boston based hedge funds that are each in for 10% of the shares. Right now it is a black hole. You just don't know. You are really throwing the dice and taking a risk.
Feels there is a bit of a short squeeze going on. A lot of companies that own the stock were not allowing it to be borrowed for shorting. There are 2 Boston based hedge funds that are each in for 10% of the shares. Right now it is a black hole. You just don't know. You are really throwing the dice and taking a risk.
John Zechner
Chairman, J. Zechner & Assoc
Price
$6.360
Owned
No
DON'T BUY
DON'T BUY
July 13, 2011
Still a lot of anxiety about this company as to whether they have misstated their earnings or assets. A couple of analysts have dropped coverage on this one. Market hates uncertainty. Still have $1.2 billion in cash. Probably best to stay away from this story.
Still a lot of anxiety about this company as to whether they have misstated their earnings or assets. A couple of analysts have dropped coverage on this one. Market hates uncertainty. Still have $1.2 billion in cash. Probably best to stay away from this story.
Peter Imhof
Vice President & Portfolio Manager, AGF Investments Inc
Price
$4.270
Owned
Unknown
COMMENT
COMMENT
July 12, 2011
For years, the auditors have been saying the balance sheet is fine. If there is any validity to their balanced sheet and their current cash position, the upside could be quite exciting. Will be a gamble whichever way you go.
For years, the auditors have been saying the balance sheet is fine. If there is any validity to their balanced sheet and their current cash position, the upside could be quite exciting. Will be a gamble whichever way you go.
Ross Healy
Chairman, Strategic Analysis Corp
Price
$4.280
Owned
Unknown
COMMENT
COMMENT
July 12, 2011
Has never held it. Problem is now that he doesn’t know day to day if they have all that timberland. Do they own it or rent it. It is like going to the casino. He would do a put and a call either side. It wont be at this price a month from now. It could go either way.
Has never held it. Problem is now that he doesn’t know day to day if they have all that timberland. Do they own it or rent it. It is like going to the casino. He would do a put and a call either side. It wont be at this price a month from now. It could go either way.
Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$4.280
Owned
No
DON'T BUY
DON'T BUY
July 6, 2011
This one depends on whether you are an investor or a trader. In the short term, you can pick up a few bucks, especially now that it's below $5. He wouldn't touch this one. Doesn't think the story is over.
This one depends on whether you are an investor or a trader. In the short term, you can pick up a few bucks, especially now that it's below $5. He wouldn't touch this one. Doesn't think the story is over.
Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$4.750
Owned
No
DON'T BUY
DON'T BUY
June 29, 2011
The stock is a gamble for anyone trading in that at this time. There are many unknowns that will not be known for some time.
The stock is a gamble for anyone trading in that at this time. There are many unknowns that will not be known for some time.
Norman Levine
Managing Director, Portfolio Management Corp
Price
$2.670
Owned
Unknown
DON'T BUY
DON'T BUY
June 24, 2011
Straddle? Oct 3 Calls last traded at $1.20 and the Puts traded at $1.35. The options on the stock tend to have very wide Bid/Ask spreads. Doesn't know if you would be able to get it on at a reasonable price. He would have reservations about doing this.
Straddle? Oct 3 Calls last traded at $1.20 and the Puts traded at $1.35. The options on the stock tend to have very wide Bid/Ask spreads. Doesn't know if you would be able to get it on at a reasonable price. He would have reservations about doing this.
Richard Croft
President, R.N. Croft Financial Group Inc.
Price
$2.600
Owned
Unknown
DON'T BUY
DON'T BUY
June 16, 2011
Allegations by Muddy Waters have devastated the stock. Company has not been vigorous in its defense. Wouldn’t touch this stock.
Allegations by Muddy Waters have devastated the stock. Company has not been vigorous in its defense. Wouldn’t touch this stock.
David Baskin
President, Baskin Wealth Management
Price
$3.340
Owned
No
HOLD
HOLD
June 13, 2011
A tough call for anybody at this point as nothing has been cleared. Doesn’t expect it’s complete fraud. Doesn’t think it is like a Ponzi scheme. Would continue to hold and wait for more data to come out.
A tough call for anybody at this point as nothing has been cleared. Doesn’t expect it’s complete fraud. Doesn’t think it is like a Ponzi scheme. Would continue to hold and wait for more data to come out.
John Zechner
Chairman, J. Zechner & Assoc
Price
$4.980
Owned
Unknown
DON'T BUY
DON'T BUY
June 13, 2011
Could not get comfortable with this one because of the uncertainty of contract rights.
Could not get comfortable with this one because of the uncertainty of contract rights.
Charles Lannon
Director of Research, Toron Investment Management
Price
$4.980
Owned
No
DON'T BUY
DON'T BUY
June 7, 2011
Would not touch it with a 10-foot pole. Who knows where it is going. If you have it and got it at $20 and now it is at $4 perhaps you wait it out and/or sell out on a strong day.
Would not touch it with a 10-foot pole. Who knows where it is going. If you have it and got it at $20 and now it is at $4 perhaps you wait it out and/or sell out on a strong day.
Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$4.010
Owned
No
COMMENT
COMMENT
June 2, 2011
Forestry just ended its period of seasonal strength. Chart shows that it held at about the $15.50 level but broke down through minorly. A light penetration is OK. If we don’t get a bounce off the $15-$15.25 level quickly, we’ll probably see it at the $10 level.
Forestry just ended its period of seasonal strength. Chart shows that it held at about the $15.50 level but broke down through minorly. A light penetration is OK. If we don’t get a bounce off the $15-$15.25 level quickly, we’ll probably see it at the $10 level.
Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$14.460
Owned
Unknown
SELL
SELL
June 2, 2011
Fraud charges laid and trading has been suspended. 3rd unbiased parties are going to have to go over to China to make sure the company is for real. Until that happens, you are probably better off out of it.
Fraud charges laid and trading has been suspended. 3rd unbiased parties are going to have to go over to China to make sure the company is for real. Until that happens, you are probably better off out of it.
Peter Brieger
Chairman & Chief Executive Officer, GlobeInvestment Capital Management
Price
$14.460
Owned
Yes
COMMENT
COMMENT
May 27, 2011
Peers in this sector got hit hard. Ran up to the 50 day, down to the 200 and crashed through the 200, almost equal distance from the peak of the 200 to the low of the 200. This was a sector correction, not a specific stock correction. Long term trend is still intact. Thinks you should be OK with this.
Peers in this sector got hit hard. Ran up to the 50 day, down to the 200 and crashed through the 200, almost equal distance from the peak of the 200 to the low of the 200. This was a sector correction, not a specific stock correction. Long term trend is still intact. Thinks you should be OK with this.
Bill Carrigan
Technical Analyst, Getting Technical Info Service
Price
$18.390
Owned
Unknown
TOP PICK
TOP PICK
April 7, 2011
Forestry plantations in China. There is a secular shift taking place in China from concrete structures to timber structures, partly because of costs. Chinese government is trying to reduce housing costs for low-income folks. Tremendous amount of damage to concrete structures after the last earthquake.
Forestry plantations in China. There is a secular shift taking place in China from concrete structures to timber structures, partly because of costs. Chinese government is trying to reduce housing costs for low-income folks. Tremendous amount of damage to concrete structures after the last earthquake.
David Burrows
President & Chief Investment Strategist, Barometer Capital Management
Price
$23.970
Owned
Yes
BUY
BUY
May 10, 2010
Big supplier of wood. Tremendous plantations of eucalyptus in China. Standing timber is one of the great inflation hedges.
Big supplier of wood. Tremendous plantations of eucalyptus in China. Standing timber is one of the great inflation hedges.
David Baskin
President, Baskin Wealth Management
Price
$17.810
Owned
No
COMMENT
COMMENT
April 6, 2010
Chart shows upward channel with upper resistance-lower support. If it stays within those lines you will do well. However steepness of the rally is starting to decline and expects it will consolidate around $20, which suggests some trading activity between $18.50 and $21.50 and could go on for maybe 3 or 4 months before a breakout.
Chart shows upward channel with upper resistance-lower support. If it stays within those lines you will do well. However steepness of the rally is starting to decline and expects it will consolidate around $20, which suggests some trading activity between $18.50 and $21.50 and could go on for maybe 3 or 4 months before a breakout.
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
Price
$20.130
Owned
Unknown
DON'T BUY
DON'T BUY
March 26, 2010
Produces lumber for the Chinese market, which makes the stock's valuation dependent on what the world believes about China's growth. Valuation is reasonable if China continues to grow. He would prefer a more diversified way by looking at a materials-sector investment.
Produces lumber for the Chinese market, which makes the stock's valuation dependent on what the world believes about China's growth. Valuation is reasonable if China continues to grow. He would prefer a more diversified way by looking at a materials-sector investment.
Philip Doyle
Portfolio Manager, Artemis Investment Management
Price
$19.300
Owned
Unknown
DON'T BUY
DON'T BUY
March 16, 2010
It’s a long story. Enormous plantations of eucalyptus in China. You are buying cash flow and the growing wood. Better managed than people feared a few years ago.
It’s a long story. Enormous plantations of eucalyptus in China. You are buying cash flow and the growing wood. Better managed than people feared a few years ago.
David Baskin
President, Baskin Wealth Management
Price
$20.680
Owned
Unknown
VAGUE
VAGUE
January 21, 2010
Brilliantly run company. Intelligent in this business. Feeding its product into a Chinese environment.
Sino-Forest Corp (TRE-T)
January 21, 2010
Brilliantly run company. Intelligent in this business. Feeding its product into a Chinese environment.
Michael Smedley
Exec VP & Chief Investment Officer, Morgan Meighan & Associates
Price
$19.360
Owned
Yes
COMMENT
COMMENT
January 15, 2010
Great looking chart and reaching new highs. Use a finance site (Stockchart.com or Globeinvestor) and draw a 100 and 200 day moving average, which gives you a trailing stop loss. Get out a half position if it drops below the 100-day and out of the full position if it drops below the 200-day. Could see this going to $25.
Sino-Forest Corp (TRE-T)
January 15, 2010
Great looking chart and reaching new highs. Use a finance site (Stockchart.com or Globeinvestor) and draw a 100 and 200 day moving average, which gives you a trailing stop loss. Get out a half position if it drops below the 100-day and out of the full position if it drops below the 200-day. Could see this going to $25.
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
Price
$19.830
Owned
Unknown
PARTIAL BUY
PARTIAL BUY
January 11, 2010
Good earnings, P/E and margins. FMV continues to rise. Wouldn't buy your whole position at one time. May be opportunities to get it cheaper.
Sino-Forest Corp (TRE-T)
January 11, 2010
Good earnings, P/E and margins. FMV continues to rise. Wouldn't buy your whole position at one time. May be opportunities to get it cheaper.
Ross Healy
Chairman, Strategic Analysis Corp
Price
$20.490
Owned
Unknown
DON'T BUY
DON'T BUY
December 29, 2009
If lumber pries remain stable it can rise from its current price. Return on capital and operating margins are good. Selling lumber into this environment is tough. You will have to be patient since you are buying a company is that is close to commodity prices.
Sino-Forest Corp (TRE-T)
December 29, 2009
If lumber pries remain stable it can rise from its current price. Return on capital and operating margins are good. Selling lumber into this environment is tough. You will have to be patient since you are buying a company is that is close to commodity prices.
David Driscoll
President & CEO, Liberty International Investment Management Inc
Price
$19.330
Owned
Unknown
BUY
BUY
December 17, 2009
Great name. Basically a timber/lumber company. Growth in China is phenomenal. Trading at forward earnings of 9X. Has just come down to a 50 day moving average, so it looks attractive. Last quarter made $.52 while the Street estimated $.41.
Sino-Forest Corp (TRE-T)
December 17, 2009
Great name. Basically a timber/lumber company. Growth in China is phenomenal. Trading at forward earnings of 9X. Has just come down to a 50 day moving average, so it looks attractive. Last quarter made $.52 while the Street estimated $.41.
Stan Wong
Director & Portfolio Manager, Private Wealth Management, ScotiaMcleod
Price
$17.520
Owned
Unknown
BUY
BUY
November 17, 2009
(Market Call Minute.) Thinks this one will do well. 26% earnings growth. Expect you will be happy a year from now.
Sino-Forest Corp (TRE-T)
November 17, 2009
(Market Call Minute.) Thinks this one will do well. 26% earnings growth. Expect you will be happy a year from now.
Robert McWhirter
President, Selective Asset Management
Price
$19.560
Owned
Unknown
COMMENT
COMMENT
May 12, 2009
If you want exposure to the forestry sector in China, this is the go-to name. The long-term story with regards to free cash flow generation is very good if they execute on the plan.
If you want exposure to the forestry sector in China, this is the go-to name. The long-term story with regards to free cash flow generation is very good if they execute on the plan.
Colin Stewart
CEO & Portfolio manager, JC Clark Investments Ltd.
Price
$11.950
Owned
No
SELL
SELL
August 20, 2008
Sold his holdings about a year ago mainly because of the uncertain market. Still have decent valuations. If it went back to $12/$13 he would Buy back in.
Sino-Forest Corp (TRE-T)
August 20, 2008
Sold his holdings about a year ago mainly because of the uncertain market. Still have decent valuations. If it went back to $12/$13 he would Buy back in.
Ryan Irvine
President, Keystone Financial Publishing Corp.
Price
$18.890
Owned
No
SELL
SELL
August 14, 2008
(Market Call Minute.)
Sino-Forest Corp (TRE-T)
August 14, 2008
(Market Call Minute.)
Michael Sprung
President, Sprung Investment Management
Price
$18.750
Owned
No
COMMENT
COMMENT
July 23, 2008
Had a lot of speculative interest and got ahead of where it should be. Strong land position in China. Balance sheet is fine. Forest sector overall has been weak. Thinks Chinese and Indian markets are probably bottoming out.
Had a lot of speculative interest and got ahead of where it should be. Strong land position in China. Balance sheet is fine. Forest sector overall has been weak. Thinks Chinese and Indian markets are probably bottoming out.
Alexander Lane, B Comm, C
Vice President & Portfolio Manager, Dynamic Funds
Price
$14.560
Owned
Unknown
SELL
SELL
January 16, 2008
He sold out of this company in the $17-$18 range. A bit concerned with the debt levels. Good growth in terms of earnings.
Sino-Forest Corp (TRE-T)
January 16, 2008
He sold out of this company in the $17-$18 range. A bit concerned with the debt levels. Good growth in terms of earnings.
Ryan Irvine
President, Keystone Financial Publishing Corp.
Price
$18.940
Owned
No
WATCH
WATCH
April 23, 2007
Great play on longer-term growth in consumer incomes and middle class in China. Growing trees to make furniture, wooden housing, etc. Stock has done well, and you might want to watch to see how well the Chinese government does in reining in the 11% growth.
Great play on longer-term growth in consumer incomes and middle class in China. Growing trees to make furniture, wooden housing, etc. Stock has done well, and you might want to watch to see how well the Chinese government does in reining in the 11% growth.
Gavin Graham
Trustee, Pointbreak ETFs
Price
$13.320
Owned
Unknown
DON'T BUY
DON'T BUY
November 16, 2006
Grows trees in China. The stock has stayed cheap for years and he doesn't know what to think of it.
Sino-Forest Corp (TRE-T)
November 16, 2006
Grows trees in China. The stock has stayed cheap for years and he doesn't know what to think of it.
Jean-Francois Tardif
Senior Portfolio Manager, Sprott Asset Management
Price
$6.370
Owned
No
SELL
SELL
November 2, 2006
Tends to do well when the Cdn$ is weakening. Had a very nice pop in the last couple of months. Has a tremendous amount of resistance from all its highs and doesn’t see it going through that any time soon. If you are a trader, lighten up at this point.
Sino-Forest Corp (TRE-T)
November 2, 2006
Tends to do well when the Cdn$ is weakening. Had a very nice pop in the last couple of months. Has a tremendous amount of resistance from all its highs and doesn’t see it going through that any time soon. If you are a trader, lighten up at this point.
Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$5.690
Owned
Unknown
WATCH
WATCH
July 5, 2006
Had a run up to almost $7 and then had a correction with the rest of the market. It is still above its 200-Day moving average and you want to see $6/6.25 to see a continuation of the uptrend.
Had a run up to almost $7 and then had a correction with the rest of the market. It is still above its 200-Day moving average and you want to see $6/6.25 to see a continuation of the uptrend.
Ron Meisels
President, P & C Holdings
Price
$5.900
Owned
No
BUY
BUY
April 12, 2006
Trading around 10 X earnings and expect the stock price will go higher. Demand for their wood product is very high.
Trading around 10 X earnings and expect the stock price will go higher. Demand for their wood product is very high.
Werner Muehelemann
Vice President and Senior Portfolio Manager, ING Funds
Price
$6.080
Owned
Yes
HOLD
HOLD
January 5, 2006
The largest Canadian investor on the forestry side in China. They grow trees for lumber and fibre. China is very short of fibre so they are well placed. They will be doubling production in the particle board business. Has had a very strong run-up.
Sino-Forest Corp (TRE-T)
January 5, 2006
The largest Canadian investor on the forestry side in China. They grow trees for lumber and fibre. China is very short of fibre so they are well placed. They will be doubling production in the particle board business. Has had a very strong run-up.
Bill Belovay
Deceased June/09., Jones Heward Investment Counsel
Price
$5.240
Owned
Unknown
WEAK BUY
WEAK BUY
July 4, 2005
Commodity prices in this sector are still under pressure. Cheap. Starting to warm up to the sector.
Commodity prices in this sector are still under pressure. Cheap. Starting to warm up to the sector.
John Zechner
Chairman, J. Zechner & Assoc
Price
$2.730
Owned
No
DON'T BUY
DON'T BUY
June 14, 2005
Below its 200 day moving average. A weak stock that is not really looked at by institutions.
Below its 200 day moving average. A weak stock that is not really looked at by institutions.
Ron Meisels
President, P & C Holdings
Price
$2.680
Owned
No
BUY
BUY
February 1, 2005
The stock is turning around. Had built a wonderful base to the end of '02 and then a rise up to $7. This was followed by profit taking so the stock reversed in '04. Then had an accumulation period followed by another leg. It's above its 200 day moving average.
Sino-Forest Corp (TRE-T)
February 1, 2005