Labrador Iron Ore Royalty

LIF-T

TSE:LIF

15.86
0.33 (2.12%)
Labrador Iron Ore Royalty Corp through its subsidiaries holds equity interest in Iron ore company of Canada. It earns royalty on all iron ore products produced, sold and shipped.
More at Wikipedia

Analysis and Opinions about LIF-T

Signal
Opinion
Expert
COMMENT
COMMENT
December 21, 2017

This used to be a really good company but it completely dropped off from his radar because it really had some tough times. Has bounced back quite nicely. Return on capital went from almost 0% to now 8% in trailing Q4 which is a great sign. Dividend yields 3.6% and payout ratio seems very reasonable. Hardly has any debt. All in all, for a company he hasn’t looked at for quite a while, it’s one worth taking a deeper look at.

Show full opinionHide full opinion

This used to be a really good company but it completely dropped off from his radar because it really had some tough times. Has bounced back quite nicely. Return on capital went from almost 0% to now 8% in trailing Q4 which is a great sign. Dividend yields 3.6% and payout ratio seems very reasonable. Hardly has any debt. All in all, for a company he hasn’t looked at for quite a while, it’s one worth taking a deeper look at.

COMMENT
COMMENT
December 13, 2017

This has been a great holding. Canada is unique in that we have a bunch of companies built in a structure to pay investors a regular cash flow stream, but at the same time tied to the global economy. This company gets a royalty stream on every pound of iron ore produced by Rio Tinto.

Show full opinionHide full opinion

This has been a great holding. Canada is unique in that we have a bunch of companies built in a structure to pay investors a regular cash flow stream, but at the same time tied to the global economy. This company gets a royalty stream on every pound of iron ore produced by Rio Tinto.

COMMENT
COMMENT
October 31, 2017

Not a bad looking chart. It had a breakdown in 2014, and since then has had a rounded bottom. There is a pretty defined neckline as well. Somewhere in this range, it is starting to break out. A little early, and looks a little tepid, but if the $20 level can stay supported, it might be a very bullish looking chart.

Show full opinionHide full opinion

Not a bad looking chart. It had a breakdown in 2014, and since then has had a rounded bottom. There is a pretty defined neckline as well. Somewhere in this range, it is starting to break out. A little early, and looks a little tepid, but if the $20 level can stay supported, it might be a very bullish looking chart.

COMMENT
COMMENT
April 10, 2017

It had a decent rise on Chinese demand. You are about where you were about 10 years ago. If US infrastructure picks up then shipment will be cheaper to the US than China.

Show full opinionHide full opinion

It had a decent rise on Chinese demand. You are about where you were about 10 years ago. If US infrastructure picks up then shipment will be cheaper to the US than China.

COMMENT
COMMENT
February 10, 2017

This basically gets royalties from Iron Ore of Canada. It has benefited recently by rising iron ore prices led by demand for steel. A fine thing to own right now.

Show full opinionHide full opinion

This basically gets royalties from Iron Ore of Canada. It has benefited recently by rising iron ore prices led by demand for steel. A fine thing to own right now.

COMMENT
COMMENT
January 5, 2017

This trades on the price of iron ore which has had a decent move in the last year, but has now kind of rolled over again. Pays a good dividend, and the dividend is sustainable.

Show full opinionHide full opinion

This trades on the price of iron ore which has had a decent move in the last year, but has now kind of rolled over again. Pays a good dividend, and the dividend is sustainable.

COMMENT
COMMENT
January 4, 2017

He likes this. They own a portion of a Labrador mine, and get the royalties. An extra dividend was paid out to the company recently. Iron ore prices really took off last year, trading at about $80 a ton to over $300 at one time. We are now back down to $250-$220. In the last 2-3 months, the Chinese have been shutting down a lot of their steel mills because of smog problems. This will come back. Thinks you will continue to see cash flow coming out of this mine. Dividend yield of 5.4%.

Show full opinionHide full opinion

He likes this. They own a portion of a Labrador mine, and get the royalties. An extra dividend was paid out to the company recently. Iron ore prices really took off last year, trading at about $80 a ton to over $300 at one time. We are now back down to $250-$220. In the last 2-3 months, the Chinese have been shutting down a lot of their steel mills because of smog problems. This will come back. Thinks you will continue to see cash flow coming out of this mine. Dividend yield of 5.4%.

COMMENT
COMMENT
December 7, 2016

There is something called “Belt Road Initiative”, where China is basically building out infrastructure for Eurasia, and spending $1 trillion a year. At the same time, they are cutting out capacity in coal and iron ore. They supplemented that with exporting iron ore and coal from North Korea, and the United Nations Security Council told them they couldn’t do that, because North Korea was using the money to fund their nuclear program and not feed the people. Now management teams of iron ore companies globally are saying they are no longer fighting for market share, they are fighting for margins, and are cutting out all high cost iron ore. This company has a wonderful yield. Mr. Trump is adding fuel to the fire by building infrastructure in the US. Very constructive on iron ore, met coal and steel for 2017. Dividend yield of about 5.2%.

Show full opinionHide full opinion

There is something called “Belt Road Initiative”, where China is basically building out infrastructure for Eurasia, and spending $1 trillion a year. At the same time, they are cutting out capacity in coal and iron ore. They supplemented that with exporting iron ore and coal from North Korea, and the United Nations Security Council told them they couldn’t do that, because North Korea was using the money to fund their nuclear program and not feed the people. Now management teams of iron ore companies globally are saying they are no longer fighting for market share, they are fighting for margins, and are cutting out all high cost iron ore. This company has a wonderful yield. Mr. Trump is adding fuel to the fire by building infrastructure in the US. Very constructive on iron ore, met coal and steel for 2017. Dividend yield of about 5.2%.

WATCH
WATCH
December 6, 2016

He has a model price of $26.12, a 40% upside. This will not only be good from the US perspective, but more importantly with what is going on in China. This closed at $18.63, he would wait for it to reach $19.06.

Show full opinionHide full opinion

He has a model price of $26.12, a 40% upside. This will not only be good from the US perspective, but more importantly with what is going on in China. This closed at $18.63, he would wait for it to reach $19.06.

BUY
BUY
November 22, 2016

There is a time to own these kinds of companies. You buy when they look expensive and you sell when they look cheap. One of the interesting things about the whole income trust era we went through, is that we wound up with a lot of companies and securities in Canada that were yield generating but actually had different kinds of characteristics. It allowed us to build income portfolios that aren’t hostage to interest rates. This was a recent purchase for him. It could be a good holding if materials continue to improve.

Show full opinionHide full opinion

There is a time to own these kinds of companies. You buy when they look expensive and you sell when they look cheap. One of the interesting things about the whole income trust era we went through, is that we wound up with a lot of companies and securities in Canada that were yield generating but actually had different kinds of characteristics. It allowed us to build income portfolios that aren’t hostage to interest rates. This was a recent purchase for him. It could be a good holding if materials continue to improve.

PAST TOP PICK
PAST TOP PICK
July 27, 2016

(A Top Pick July 28/15. Up 21.97%.) He was playing defence on these 3 stock picks, just looking for a way not to get creamed. The stock had a bounce and he sold into it. Dividend yield of 7%.

Show full opinionHide full opinion

(A Top Pick July 28/15. Up 21.97%.) He was playing defence on these 3 stock picks, just looking for a way not to get creamed. The stock had a bounce and he sold into it. Dividend yield of 7%.

BUY
BUY
July 15, 2016

Thinks this has gone up so much recently because it had such a high yield before, and is just normalizing a little. It really depends on the throughput of iron ore and the royalties it receives. At current levels, he feels the dividend is fairly safe.

Show full opinionHide full opinion

Thinks this has gone up so much recently because it had such a high yield before, and is just normalizing a little. It really depends on the throughput of iron ore and the royalties it receives. At current levels, he feels the dividend is fairly safe.

DON'T BUY
DON'T BUY
May 26, 2016

This gave a pretty big warning on April 27 when it broke the trend line. Base metals are going to be really impacted by what happens with the US$ and the Fed. Some of these you have to be really careful on and you want to buy them on the cheap.

Show full opinionHide full opinion

This gave a pretty big warning on April 27 when it broke the trend line. Base metals are going to be really impacted by what happens with the US$ and the Fed. Some of these you have to be really careful on and you want to buy them on the cheap.

PAST TOP PICK
PAST TOP PICK
May 10, 2016

(A Top Pick July 28/15. Up 2.38%.) These picks were based on survivability, not a growth. Sold his holdings last fall. This is a high-quality company and a great time to own it, plus you get the dividend.

Show full opinionHide full opinion

(A Top Pick July 28/15. Up 2.38%.) These picks were based on survivability, not a growth. Sold his holdings last fall. This is a high-quality company and a great time to own it, plus you get the dividend.

DON'T BUY
DON'T BUY
March 7, 2016

The excess steel in China is the entire production of Japan for the next year. There is a spike here, but he is not sure you want to invest in this.

Show full opinionHide full opinion

The excess steel in China is the entire production of Japan for the next year. There is a spike here, but he is not sure you want to invest in this.

Showing 16 to 30 of 157 entries