Sold off their international interests in preparation of becoming a trust. The man behind the trust is contemplating retirement and the CFO has resigned which is a concern.

Became concerned with the operating fundamentals of the company, so sold her holdings. Bit of a margin squeeze when the signed long term contracts with their customers at reduced prices to offset Asian competition. Also facing pretty significant raw material costs. Feels they will have a hard time maintaining their payout ratio.

Concerned about the sustainability of their competitive position. Very price competitive. Very little organic growth opportunity.

Had a number of gas stations that had quite strong growth over the last couple of years with a strong price performance. The weakness in the stock price could be because of strong gas prices in terms of some of their sales and revenue growth. Feels their growth story is pretty intact.

Tends not to play in the retail space, so didn't participate in the IPO. This space is quite cyclical. Very difficult to maintain their competitive advantage longer term. At the time of the IPO, they had just taken over United Wharehouse and expanded into Quebec. Had concerns on their forcasts which included some pretty strong numbers regarding those operations. Same store sales down 5%.

A very well managed company. Focused on the mid stream part of the oil/gas industry. Have a lot of sour gas plants and basically are looking at some of the extraction facilities. Strong niche position. Growth through aquisitions.

One of the blue chip trusts in the business trusts. Very strong company. Dominant in their space. Acquired Blue Pages and expects their will be synergies arising from that. Looking for modest growth of 3/4%. Starting to look a little bit expensive. A long term hold.