TOP PICK
Allstream had a couple of billion $'s of losses (worth about $9 a share). Those losses will now flow out of the cash flow to the unit holder, giving a $2.60 dividend (6% yld). Will still have a $2 cash flow inside the business. Inc. trust is still alive.
DON'T BUY
The real problem is that you still don't know what the real numbers are.
DON'T BUY
Have some interesting prospects. A very small junior producer. Larger integrateds will make you more money with a lot less risk.
TOP PICK
The Banknorth acquisition will give good opportnities for more US acquisitions.
BUY
Long term likes the whole oil services side. A very attractive area.
DON'T BUY
Mongolia assets will be a pretty expensive operation to run. Needs a partner. Will take a while.
WEAK BUY
Has suffered with its expansion requiring more planes. Returns and revenues and occupancy rate have all been falling off. Should continue to be a business model that works, but expect some short term turbulence.
TOP PICK
Good conservative balance sheet. Tom Brown acquisition gave them some gas. Attractively valued.
BUY
Excellent management. Steel prices are rising. A great long term play.
WEAK BUY
Pays a good dividend of 4.4%, but Manitoba Tel pays 5.5%. Voice over internet will be a threat over time. Will continue to gush cash and some of it will come back hopefully in the form of increased dividend.
BUY
Good yield. Buying Allstream was an aggresive strategy.
TOP PICK
Oil could remain high for a long time, but they have a good hedging program in play. Auto sales falling could hurt slightly.
BUY ON WEAKNESS
Blackberry sales have increased. Wonderful product. May be a little ahead of itself.
BUY
A number of their products have been affected by the high Cdn$. Good management. Schwinn is immediately accretive to earnings.
BUY
Gold is rising and they have just completed a deal with Placer. Speculative.