Vale S.A.

VALE-N

NYSE:VALE

10.41
0.13 (1.26%)
Vale SA is a Brazilian multinational corporation engaged in metals and mining and one of the largest logistics operators in Brazil. Vale is the largest producer of iron ore and nickel in the world.
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Analysis and Opinions about VALE-N

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
February 27, 2014

Brazilian company tied to Iron Ore. Big conglomerate companies like this don’t exist in Canada. They understand return on capital for their shareholders. He owns BHP because he thinks it is a better company with broader resource base and better run. BHP also shut down a bunch of projects that didn’t work for them.

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Vale S.A. (VALE-N)
February 27, 2014

Brazilian company tied to Iron Ore. Big conglomerate companies like this don’t exist in Canada. They understand return on capital for their shareholders. He owns BHP because he thinks it is a better company with broader resource base and better run. BHP also shut down a bunch of projects that didn’t work for them.

COMMENT
COMMENT
February 13, 2014

This is your prototypical basic materials company and, if you are of the belief that China is going to continue on the same pace that it used to be in terms of building highways, building buildings, etc., it is probably a good name to own. However, he does not think China is going to continue on that pace. This and other countries are shifting more from an infrastructure play to more of a consumer oriented area.

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Vale S.A. (VALE-N)
February 13, 2014

This is your prototypical basic materials company and, if you are of the belief that China is going to continue on the same pace that it used to be in terms of building highways, building buildings, etc., it is probably a good name to own. However, he does not think China is going to continue on that pace. This and other countries are shifting more from an infrastructure play to more of a consumer oriented area.

PAST TOP PICK
PAST TOP PICK
January 23, 2014

(Top Pick Dec 13/12, Down 27.39%) Money left the region as well as stocks that service Asia. It could be a double bottom here and then it could perk up, otherwise he will exit the stock.

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Vale S.A. (VALE-N)
January 23, 2014

(Top Pick Dec 13/12, Down 27.39%) Money left the region as well as stocks that service Asia. It could be a double bottom here and then it could perk up, otherwise he will exit the stock.

BUY
BUY
January 20, 2014

Really levered to iron ore, which is really levered to the growth in steel and that, is effectively China. Iron ore prices have fallen and this stock fell a fair bit. These large mining organizations have a great opportunity. Have fallen a lot and look cheap on most fundamentals. If you see global growth happening, these kinds of companies will do well and you could see a decent return in the next little while. In the last little while they have gotten rid of poor assets and sold off businesses that they do not need. Not a bad price to get into these things.

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Vale S.A. (VALE-N)
January 20, 2014

Really levered to iron ore, which is really levered to the growth in steel and that, is effectively China. Iron ore prices have fallen and this stock fell a fair bit. These large mining organizations have a great opportunity. Have fallen a lot and look cheap on most fundamentals. If you see global growth happening, these kinds of companies will do well and you could see a decent return in the next little while. In the last little while they have gotten rid of poor assets and sold off businesses that they do not need. Not a bad price to get into these things.

PAST TOP PICK
PAST TOP PICK
November 22, 2013

(A Top Pick Nov 14/12. Down 14.48%.) Iron really didn’t get going but he thinks it will work this year. Has a good yield of between 5%-7%.

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Vale S.A. (VALE-N)
November 22, 2013

(A Top Pick Nov 14/12. Down 14.48%.) Iron really didn’t get going but he thinks it will work this year. Has a good yield of between 5%-7%.

COMMENT
COMMENT
November 7, 2013

Very large Brazilian mining company and they are big in iron ore. As China slowed down, a lot of these big companies cut back on capital expenditure. Their cost structure has come down quite considerably and they continue to get rid of non-core assets. The average price on iron ore for them was about $1.09. Thinks iron ore prices are going to go a little bit higher. You want to see China picking up on steel production. Feels this has more room to run.Very large Brazilian mining company and they are big in iron ore. As China slowed down, a lot of these big companies cut back on capital expenditure. Their cost structure has come down quite considerably and they continue to get rid of non-core assets. The average price on iron ore for them was about $1.09. Thinks iron ore prices are going to go a little bit higher. You want to see China picking up on steel production. Feels this has more room to run.

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Vale S.A. (VALE-N)
November 7, 2013

Very large Brazilian mining company and they are big in iron ore. As China slowed down, a lot of these big companies cut back on capital expenditure. Their cost structure has come down quite considerably and they continue to get rid of non-core assets. The average price on iron ore for them was about $1.09. Thinks iron ore prices are going to go a little bit higher. You want to see China picking up on steel production. Feels this has more room to run.Very large Brazilian mining company and they are big in iron ore. As China slowed down, a lot of these big companies cut back on capital expenditure. Their cost structure has come down quite considerably and they continue to get rid of non-core assets. The average price on iron ore for them was about $1.09. Thinks iron ore prices are going to go a little bit higher. You want to see China picking up on steel production. Feels this has more room to run.

BUY
BUY
October 22, 2013

Portfolio managers cut this because of China, but he disagreed. Demand comes out of Asia and not North America. Numbers out of China and India are looking quite good. Produces a lot in Brazil. Thinks they will do well as Asian economies continue to improve. Commodities tend to turn and stay. Copper is looking like it is going to do well.

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Vale S.A. (VALE-N)
October 22, 2013

Portfolio managers cut this because of China, but he disagreed. Demand comes out of Asia and not North America. Numbers out of China and India are looking quite good. Produces a lot in Brazil. Thinks they will do well as Asian economies continue to improve. Commodities tend to turn and stay. Copper is looking like it is going to do well.

DON'T BUY
DON'T BUY
June 7, 2013

Super cycle is over and this is a super cycle play. Expect you are in for a slow period of growth for the next couple of years.

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Vale S.A. (VALE-N)
June 7, 2013

Super cycle is over and this is a super cycle play. Expect you are in for a slow period of growth for the next couple of years.

DON'T BUY
DON'T BUY
May 31, 2013

Brazilian iron ore company which acquired Inco and is probably regressing considerably because it paid a top-of-the market price. A big mainstay of a lot of emerging-market portfolios. What you think Chinese demand for iron ore is going to be over the next 18 months, is what drives this stock. This demand has substantially diminished as growth is slowed from a .5%-9% to 7%-7.5%.

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Vale S.A. (VALE-N)
May 31, 2013

Brazilian iron ore company which acquired Inco and is probably regressing considerably because it paid a top-of-the market price. A big mainstay of a lot of emerging-market portfolios. What you think Chinese demand for iron ore is going to be over the next 18 months, is what drives this stock. This demand has substantially diminished as growth is slowed from a .5%-9% to 7%-7.5%.

DON'T BUY
DON'T BUY
April 2, 2013

Would you Short this stock? In this sector, he feels that BHP Billiton (BHP-N) has the most attractive suite of assets. One of Vale’s challenges is not only that it is a base metals stock, but there is a view that it is coming more and more into friction with the Brazilian government over a tax and royalty dispute that has been ongoing for a long time. Doesn’t know if the stock is expensive enough to Short. There are other names that are more clear-cut in that space.

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Vale S.A. (VALE-N)
April 2, 2013

Would you Short this stock? In this sector, he feels that BHP Billiton (BHP-N) has the most attractive suite of assets. One of Vale’s challenges is not only that it is a base metals stock, but there is a view that it is coming more and more into friction with the Brazilian government over a tax and royalty dispute that has been ongoing for a long time. Doesn’t know if the stock is expensive enough to Short. There are other names that are more clear-cut in that space.

HOLD
HOLD
February 8, 2013

Is a direct drive into the Asian/emerging markets expansion. They sold some royalties a week or two ago. They are cleaning up the balance sheet. You are paid a good yield to wait. If it doesn’t go in the next couple of months you might question getting out.

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Vale S.A. (VALE-N)
February 8, 2013

Is a direct drive into the Asian/emerging markets expansion. They sold some royalties a week or two ago. They are cleaning up the balance sheet. You are paid a good yield to wait. If it doesn’t go in the next couple of months you might question getting out.

COMMENT
COMMENT
January 23, 2013

Sold his holdings last year because 1) the government started interfering with the company and 2) the slowdown in China. A better alternative, which he recently added to his portfolio, is BHP Billiton (BHP-N), a best-of-breed operator, best balance sheet and best dividend growth. Also has energy assets. (See Top Picks.)

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Vale S.A. (VALE-N)
January 23, 2013

Sold his holdings last year because 1) the government started interfering with the company and 2) the slowdown in China. A better alternative, which he recently added to his portfolio, is BHP Billiton (BHP-N), a best-of-breed operator, best balance sheet and best dividend growth. Also has energy assets. (See Top Picks.)

DON'T BUY
DON'T BUY
December 20, 2012

Used to own it but sold because China was slowing down and there was interference. BHP is a better asset.

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Vale S.A. (VALE-N)
December 20, 2012

Used to own it but sold because China was slowing down and there was interference. BHP is a better asset.

TOP PICK
TOP PICK
December 13, 2012

An iron ore company with base metals and fertilizer along with it. Will benefit from the China growth story and have a good yield. World cup and Olympics coming up. Leaders in their field. Were double before the ’08 crash.

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Vale S.A. (VALE-N)
December 13, 2012

An iron ore company with base metals and fertilizer along with it. Will benefit from the China growth story and have a good yield. World cup and Olympics coming up. Leaders in their field. Were double before the ’08 crash.

TOP PICK
TOP PICK
November 14, 2012

[Show did not air however top and past picks were posted to web site]

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Vale S.A. (VALE-N)
November 14, 2012

[Show did not air however top and past picks were posted to web site]

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