Westshore Terminals Inc.

WTE-T

TSE:WTE

15.74
0.46 (3.01%)
Westshore Terminals is Canada's premier, most technologically-advanced coal export terminal, located in the Metro Vancouver area. With an export capacity of 33 million tones per year, Westshore Terminals handles around 250 ships per year.
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Analysis and Opinions about WTE-T

Signal
Opinion
Expert
BUY WEAKNESS
BUY WEAKNESS
May 19, 2009
Most coal has to go through this company's terminals. $75 million in cash. Huge dividend. Slightly expensive at this point and he would prefer in the $8-$9 range. 8.8% distribution yield.
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Most coal has to go through this company's terminals. $75 million in cash. Huge dividend. Slightly expensive at this point and he would prefer in the $8-$9 range. 8.8% distribution yield.
TOP PICK
TOP PICK
April 6, 2009
This is where all the coal has to go through to get to the rest of the world. $75 million in cash and debt free. If metallurgical coal got down to $80 or $90 this is a great asset but the coal price came down at $130, which is great for this. Yielding 11%.
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This is where all the coal has to go through to get to the rest of the world. $75 million in cash and debt free. If metallurgical coal got down to $80 or $90 this is a great asset but the coal price came down at $130, which is great for this. Yielding 11%.
DON'T BUY
DON'T BUY
February 2, 2009
Has taken a thrashing because of coal prices. Need an economic turnaround to see improvement. May have some trouble with their 23.6% distribution.
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Has taken a thrashing because of coal prices. Need an economic turnaround to see improvement. May have some trouble with their 23.6% distribution.
BUY WEAKNESS
BUY WEAKNESS
January 22, 2009
Coal distribution terminal in BC. A key piece of global infrastructure. No debt. Throughput is declining as a result of weak demand for metallurgical coal. Statistics of China indicate steel production is rising. Coal prices are being negotiated and use this as a point to Buy.
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Coal distribution terminal in BC. A key piece of global infrastructure. No debt. Throughput is declining as a result of weak demand for metallurgical coal. Statistics of China indicate steel production is rising. Coal prices are being negotiated and use this as a point to Buy.
BUY
BUY
December 8, 2008
(Market Call Minute.) Expectations for lower coal prices and shipments are overdone.
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(Market Call Minute.) Expectations for lower coal prices and shipments are overdone.
BUY
BUY
November 20, 2008
Great infrastructure asset. No long-term debt. People are concerned a bit about the price of met coal but the price the stock has dropped is a very steep discount to that price. At this level he is a buyer. Thinks the 18% yield is already priced into the stock.
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Great infrastructure asset. No long-term debt. People are concerned a bit about the price of met coal but the price the stock has dropped is a very steep discount to that price. At this level he is a buyer. Thinks the 18% yield is already priced into the stock.
COMMENT
COMMENT
November 18, 2008
Basically dealing with a coal market. A lot of outstanding contracts for delivery that are far above spot prices so would expect to see a lot of that delayed. Nonetheless, it has to get through to the market so has to go through this terminal. Not sure if the 22.5% yield is sustainable so hasn't bought. Even if there is a cut, it could be worth it.
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Basically dealing with a coal market. A lot of outstanding contracts for delivery that are far above spot prices so would expect to see a lot of that delayed. Nonetheless, it has to get through to the market so has to go through this terminal. Not sure if the 22.5% yield is sustainable so hasn't bought. Even if there is a cut, it could be worth it.
COMMENT
COMMENT
November 13, 2008
Coal prices are starting to come down, which is a factor because they have a portion of cash flows and override based on coal prices. They are the key coal terminal in Western Canada so it is a key infrastructure asset that a number of global investors would like to get their hands on. Longer-term, a good holding.
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Coal prices are starting to come down, which is a factor because they have a portion of cash flows and override based on coal prices. They are the key coal terminal in Western Canada so it is a key infrastructure asset that a number of global investors would like to get their hands on. Longer-term, a good holding.
TOP PICK
TOP PICK
October 29, 2008
Zero debt. In this credit environment, you want assets and companies that don't have a lot of debt. Largest coal terminal on North America's west coast.
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Zero debt. In this credit environment, you want assets and companies that don't have a lot of debt. Largest coal terminal on North America's west coast.
BUY
BUY
September 24, 2008
Has been under pressure because metallurgical coal prices have been dropping. He is not too worried about this. Has an external management contract, which is a little bothersome but feels longer-term outlook for coal is good.
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Has been under pressure because metallurgical coal prices have been dropping. He is not too worried about this. Has an external management contract, which is a little bothersome but feels longer-term outlook for coal is good.
BUY
BUY
September 23, 2008
It's future very much fluctuates with the demand for coal, which has been very volatile lately. Over time, metallurgical coal is in demand and this company should do very well. Current price could provide an opportunity.
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It's future very much fluctuates with the demand for coal, which has been very volatile lately. Over time, metallurgical coal is in demand and this company should do very well. Current price could provide an opportunity.
HOLD
HOLD
August 7, 2008
(Market Call Minute.) The terminal where Fording (FDG.UN-T) and Teck Cominco (TCK.B-T) ship out their coal.
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(Market Call Minute.) The terminal where Fording (FDG.UN-T) and Teck Cominco (TCK.B-T) ship out their coal.
BUY WEAKNESS
BUY WEAKNESS
April 28, 2008
(Market Call Minute.) Buy it under $16 a share.
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(Market Call Minute.) Buy it under $16 a share.
BUY
BUY
April 8, 2008
Ranks 20 so it is in the top 5% of his model. Earnings expected to be $1.24 for the Dec/08 year-end, which is up 41% against a 16 P/E so you have about a .4 to growth. ROE of about 18%. This provides the opportunity to participate in the rising price of coal. Decent yield.
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Ranks 20 so it is in the top 5% of his model. Earnings expected to be $1.24 for the Dec/08 year-end, which is up 41% against a 16 P/E so you have about a .4 to growth. ROE of about 18%. This provides the opportunity to participate in the rising price of coal. Decent yield.
COMMENT
COMMENT
November 12, 2007
Has had a bit of a lift and is probably due to a rebound in the view of coal.
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Has had a bit of a lift and is probably due to a rebound in the view of coal.
Showing 166 to 180 of 220 entries