Oil/gas. A trust that will survive the tough times and thrive in the good times. Has a great long-term track record of creating value. Excellent portfolio of properties and excellent management. Good price.
(A Top Pick July 13/06. Down 23.2%.) Drop was due to natural gas prices. Still likes. Low payout ratio. Excellent quality properties and excellent management. Long-term investors will do well with this.
Oil/gas. A trust that will survive the tough times and thrive in the good times. Has a great long-term track record of creating value. Excellent portfolio of properties and excellent management. Good price.
Oil/gas. A trust that will survive the tough times and thrive in the good times. Has a great long-term track record of creating value. Excellent portfolio of properties and excellent management. Good price.
Largest custom brokerage firm in Canada. 1st quarter was rather disappointing. Recently announced the retirement of their transportation/logistics man and she feels the 2nd quarter may be weak.
Largest custom brokerage firm in Canada. 1st quarter was rather disappointing. Recently announced the retirement of their transportation/logistics man and she feels the 2nd quarter may be weak.
Power generator with assets both in Canada and the US. Many of the assets are fired by natural gas, whose prices have gone up faster than power contracts. In the short term, there is very little risk, but longer term you have to wonder about the currency exposure.
Power generator with assets both in Canada and the US. Many of the assets are fired by natural gas, whose prices have gone up faster than power contracts. In the short term, there is very little risk, but longer term you have to wonder about the currency exposure.
Should have secured distributions for the foreseeable future. Extremely stable assets and very stable distribution policy. Low payout ratio. Very low yield and you may be better off with a bond.
Should have secured distributions for the foreseeable future. Extremely stable assets and very stable distribution policy. Low payout ratio. Very low yield and you may be better off with a bond.
(A Top Pick July 13/06. Down 23.2%.) Drop was due to natural gas prices. Still likes. Low payout ratio. Excellent quality properties and excellent management. Long-term investors will do well with this.
(A Top Pick July 13/06. Down 23.2%.) Drop was due to natural gas prices. Still likes. Low payout ratio. Excellent quality properties and excellent management. Long-term investors will do well with this.
(A Top Pick July 13/06. Down 3%.) Ran into difficulties with the US housing market. Have restructured and think they have a pretty good plan. She is not into turnaround stories so has sold her holdings.
(A Top Pick July 13/06. Down 3%.) Ran into difficulties with the US housing market. Have restructured and think they have a pretty good plan. She is not into turnaround stories so has sold her holdings.
Probably the pre-eminent trust in the trust universe. Has done spectacularly well. There is a lot of speculation that they might increase their distribution.
Probably the pre-eminent trust in the trust universe. Has done spectacularly well. There is a lot of speculation that they might increase their distribution.
There was a run-up due to very attractive refining margins. The margins are less attractive, so the stock has pulled back. 15% yield, which is quite high. Could be an indication of a distribution cut.
There was a run-up due to very attractive refining margins. The margins are less attractive, so the stock has pulled back. 15% yield, which is quite high. Could be an indication of a distribution cut.
A distributor of hardwood to manufacturers of hardwood products, not flooring. About 70% of its business is in the US, so there could be a currency problem. The slowdown in housing in the US is a negative.
A distributor of hardwood to manufacturers of hardwood products, not flooring. About 70% of its business is in the US, so there could be a currency problem. The slowdown in housing in the US is a negative.
Primarily a landline phone operator. There is increasing competition from wireless assets. Didn't think the growth was sufficient to offset their competition.
Primarily a landline phone operator. There is increasing competition from wireless assets. Didn't think the growth was sufficient to offset their competition.
Waste disposal. Reasonably valued. Feels the market is just lumping it in with all the other oil service trusts, but their businesses are such that they will not suffer the way other service companies will.
Waste disposal. Reasonably valued. Feels the market is just lumping it in with all the other oil service trusts, but their businesses are such that they will not suffer the way other service companies will.
Ran into difficulty earlier this year and cut their distributions and announced a restructuring. They are planning on selling their cold rolled aluminum division and apply the proceeds towards debt. CEO and CFO are being changed. Debt levels and payout ratio are too high.
Ran into difficulty earlier this year and cut their distributions and announced a restructuring. They are planning on selling their cold rolled aluminum division and apply the proceeds towards debt. CEO and CFO are being changed. Debt levels and payout ratio are too high.
Pays 8.5%. Cut their distribution from $.19 to $.16 per month. Gas weighted. Now is not a bad time to be buying gas. They are a sustainable trust and are not living beyond their means. Top quality management team, excellent properties and reasonable payout ratio and debt levels.
Pays 8.5%. Cut their distribution from $.19 to $.16 per month. Gas weighted. Now is not a bad time to be buying gas. They are a sustainable trust and are not living beyond their means. Top quality management team, excellent properties and reasonable payout ratio and debt levels.
A diversified REIT by geography and type of property. Was going to be a Top Pick tonight but changed her mind. If you could only own one REIT, this would be the one. One of the most conservative with low debt, low payout ratio.
A diversified REIT by geography and type of property. Was going to be a Top Pick tonight but changed her mind. If you could only own one REIT, this would be the one. One of the most conservative with low debt, low payout ratio.
Has not done well since its IPO. Thinks the worst times for this business are past. Extremely inexpensive. They have 2 years to grow their business to a point where they can offset an upcoming hedge that's coming off for currency.
Has not done well since its IPO. Thinks the worst times for this business are past. Extremely inexpensive. They have 2 years to grow their business to a point where they can offset an upcoming hedge that's coming off for currency.
This was a spin off of rural phone lines from Bell Canada (BCE-T). Generally, rural phone lines are less competitive than city lines. Doesn't like government control and can see much growth. Will be very tough for them to compete.
This was a spin off of rural phone lines from Bell Canada (BCE-T). Generally, rural phone lines are less competitive than city lines. Doesn't like government control and can see much growth. Will be very tough for them to compete.
Pays about 8%. Haven't done well in the market over the last couple of quarters. Excellent track record in terms of operating their business conservatively and increasing distributions. Low debt. Made an acquisition which the market didn't like but she feels will be valuable in the longer term.
Pays about 8%. Haven't done well in the market over the last couple of quarters. Excellent track record in terms of operating their business conservatively and increasing distributions. Low debt. Made an acquisition which the market didn't like but she feels will be valuable in the longer term.
Although it is a mature business and has done well over the years, it is in the wealth management business and its results will likely be correlated to how well the market does overall.
Although it is a mature business and has done well over the years, it is in the wealth management business and its results will likely be correlated to how well the market does overall.
Somewhat aggressive name. Made some good moves in the past. Ran into difficulties a couple of years ago and cut their distributions. Have since made acquisitions and grown their business. Subject to rising raw material costs which could affect them negatively.
Somewhat aggressive name. Made some good moves in the past. Ran into difficulties a couple of years ago and cut their distributions. Have since made acquisitions and grown their business. Subject to rising raw material costs which could affect them negatively.
Pays a 17% yield. A much riskier name then what she would normally suggest. Payout ratio of about 103% over the trailing 12 months. Thinks the market is expecting a distribution cut but she does not think so. A compelling buy at this price.
Pays a 17% yield. A much riskier name then what she would normally suggest. Payout ratio of about 103% over the trailing 12 months. Thinks the market is expecting a distribution cut but she does not think so. A compelling buy at this price.
70% of production is natural gas. This company has had a history of production shortfalls and disappointments. Have quite high debt. It may not be a bad time to be buying gas-weighted names but there are a better names of there.
70% of production is natural gas. This company has had a history of production shortfalls and disappointments. Have quite high debt. It may not be a bad time to be buying gas-weighted names but there are a better names of there.
Shocked the market when it reduced its distributions, which it was never supposed to do because it was supposed to be a very stable, conservative trust.
Shocked the market when it reduced its distributions, which it was never supposed to do because it was supposed to be a very stable, conservative trust.
Has been beaten up. Released a quarter that was a little bit softer then some investors had expected. This gives a good opportunity to get in. Longer-term outlook is still very good.
Has been beaten up. Released a quarter that was a little bit softer then some investors had expected. This gives a good opportunity to get in. Longer-term outlook is still very good.
Undervalued relative to some of its peers. Good exposure to both oil and gas. Operates out of Canada in stable countries. This generally means you get lower acquisition costs. Have a yield of 6.1% that she thinks will go higher.
Undervalued relative to some of its peers. Good exposure to both oil and gas. Operates out of Canada in stable countries. This generally means you get lower acquisition costs. Have a yield of 6.1% that she thinks will go higher.
Recently announced the acquisition of Profico. She is comfortable with this trust. It is one of the survivors in the oil/gas trusts. Low payout ratio. Trading at a reasonable price versus its peers.
Recently announced the acquisition of Profico. She is comfortable with this trust. It is one of the survivors in the oil/gas trusts. Low payout ratio. Trading at a reasonable price versus its peers.
Sold her position. Was satisfied that it was a good business, but felt the valuation was getting a little bit rich. Announced a very strong 1st quarter but warned investors that it was a bit of an anomaly. It is on her watch list. Would consider if it got inexpensive again.
Sold her position. Was satisfied that it was a good business, but felt the valuation was getting a little bit rich. Announced a very strong 1st quarter but warned investors that it was a bit of an anomaly. It is on her watch list. Would consider if it got inexpensive again.
Typically trades at a premium to many of its peers because of its nice combination of a stable core business plus its ability to grow organically. Recession proof. Will be up to pass price increases on. 1st quarter results were better than expected.
Typically trades at a premium to many of its peers because of its nice combination of a stable core business plus its ability to grow organically. Recession proof. Will be up to pass price increases on. 1st quarter results were better than expected.
Distribution yield a little over 8%. Has dropped quite a bit since the beginning of the year. There is some fear on power units that are sometimes fed by natural gas. This one has long-term fuel contracts.
Distribution yield a little over 8%. Has dropped quite a bit since the beginning of the year. There is some fear on power units that are sometimes fed by natural gas. This one has long-term fuel contracts.
Not spending enough capital, so they reported decent results but are not maintaining their operations. Good operations in the west, but having no difficulty in the east.
Not spending enough capital, so they reported decent results but are not maintaining their operations. Good operations in the west, but having no difficulty in the east.
It had a really strong end to the year 2005, but 2006 has been a liitle difficult. There is a possibility that Shining Bank may have to reduce its distributions in the next couple of months. Weak gas prices have affected this company. This expert and her company are in the process of assessing the stock. This stocks may decrease further and this might be a better time to buy. If you are buying today you are not buying at its high.
It had a really strong end to the year 2005, but 2006 has been a liitle difficult. There is a possibility that Shining Bank may have to reduce its distributions in the next couple of months. Weak gas prices have affected this company. This expert and her company are in the process of assessing the stock. This stocks may decrease further and this might be a better time to buy. If you are buying today you are not buying at its high.
It has had a lot of problems since the beginning. Debt levels are extremely high and they are looking to refinance their debt.(but it has not happended yet). Sell if you own.
It has had a lot of problems since the beginning. Debt levels are extremely high and they are looking to refinance their debt.(but it has not happended yet). Sell if you own.
Up 9.6 % year to date. Believes it is undervalued compared to some of its peers. Converted from a common share structure to a royalty trust structure. Predicts they will stabilze their production over the next year and that they have good opportunities for the short and long term. Paid $31.00 and if the opportunity came up they would buy more.
Up 9.6 % year to date. Believes it is undervalued compared to some of its peers. Converted from a common share structure to a royalty trust structure. Predicts they will stabilze their production over the next year and that they have good opportunities for the short and long term. Paid $31.00 and if the opportunity came up they would buy more.
They don't follow this trust as closely as others. Really has not taken off, has had disappointing results. Not their favourite name. Believes that there are better oil and gas royalty trusts out there.