Rubber compounds, where they do conveyor belts, rubber automotive products, etc. The balance sheet is good, but they are in a state right now where nothing is really working their way. They are doing what they can. They are buying back shares, etc. and they still pay a dividend. Management has very little positive things to say right now. Until management improves, he wouldn't be too interested.

(A Top Pick June 24/16. Down 4.25%.) He pulled this after they had some pretty bad news and poor earning results. Management is doing the right thing by paying down debt and buying back shares. Their free cash flow is still fairly strong. He wouldn’t bother owning this until you saw some better outlook coming from management.

The biggest rubber compounder.  They are sole supplier for all the chemical and biological resistant boots and gloves for the US and Canadian armed forces.  They will benefit from the pickup in infrastructure spend.  They also do rubber bushings for the auto industry.  (Analysts’ target: $14.00).

It looks cheap here.  It might be a value trap because the last couple of quarters have not been good.  He is not adding but has not sold.  He hopes things will start to turn in the next couple of quarters.

Had owned this in the past. Because of earnings, it continues to drop-down in rankings. The concern is with the defence spending and their contracts, which tend to be pretty lumpy. They’ve really come back of late. If he sees some increase in US military spending, there is probably some potential, but will probably be several quarters in the works. Strong management. Wait until you see their next quarter.

This was a darling last fall and in the early part of this year, but has really sold off. A lot of that had to do with prospects for their business and the multiple that the market was paying. They are in rubber compounding and do a lot in defence, which will be where their uptake is in the next few years. With the US candidates’ comments, there is potential for bigger military and bigger military spend. The major shareholder on this is the CEO.

(A Top Pick Aug 4/15. Down 41.02%.) This was disappointing. What he likes is good growth, good cash flow, high insider ownership and a nice little dividend. This company has it all. Had done very, very well and then hit some hiccups. Their costs went up and they were hit with the US$ currency. He is not giving up on this.