Focused on the Toronto market and class B real estate. Have quite a strong niche. Recently announced a plan to expand into the Montreal market. A good little trust. A little bit ahead of itself. Would take some profits if you own.
Feels it is a high quality trust. Covers the full spectrum in senior living. Could potentially be some upside due to their relationship with Sunrise Senior Living (SRZ-N). Waiting to see how well that pipeline pans out.
Recently did a share split. Stock has run up about 50% since September. Probably a little ahead of itself here. Outlook for the company is great. Reported very strong Q4 results. Have been able to execute on their growth strategy which is both organic and acquisitions. If you own, you might want to pare back.
Bullish on the long term story of the Canadian Oil Sands. Has had a significant run up. If you own, it would be prudent to take a little bit of money off the table.
Just reported this morning and their numbers were a little bit soft. Expects results in the near term are going to be a bit choppy. Quite a bit of competition coming into the market. Taking steps to address this, by expanding their Burnaby casino. Likes this trust for the longer term. Short term take a bit of money off the table.
A good little company. Focused on providing bus services for schools in the rural areas in the US. Has 100% payout ratio which she doesn't like. Has had a quite a run up.
A high quality name. Took a jump up based on the news that they are going to realize over 70% increase in iron ore pricing. Has also just been added to S&P/TSX Cap Income Trust Index. Outlook is quite good for the longer term.
Felt that the risk/reward focus had shifted, so sold their holdings. 4th quarter results just issued were relatively flat. Managed to bring their payout ratio under 100%, but just barely at 97%. Debt is creeping up. Haven't been able to realize on their growth forcasts.
One of the very high quality trusts in the oil/gas royalty space. Have kept distributions flat through 2004 which they like. Instead of increased distributions, they paid down their debt, decreased their payout ratio and re-invested the money into capital expenditure.
Most of the run up in the stock price is predicated on the significant increase of metalurgical coal prices ($125US). We are potentially at a peak in coal prices and could stay at this level for the next year or two and then will drop to a more sustainable level ($60/70Probably near its top here.US). That would be a good time to take some profits.
A recession proof industry. Growth is 4% in Canada and 7% in the US. Great marketing strategy. High internalization rate. Recently made some good acquisitions which will give them good leverage. Relatively conservative payout ratio.