HOLD
Market is beating up on the units because it is anticipating a cut in distribution. Likes their refinery, which is their major asset in the Maritimes. Recently, spreads on refining have narrowed significantly but he thinks they are going to open up again. There is a shortage of refining space in North America and this is strategically placed. 18% yield.
COMMENT
The extra $.40 they paid was a surprise. On a cash flow basis they are in good shape. Has dropped because of tax loss selling. Looking pretty good at this point in time.
SELL
Not one of his favourites. He would be inclined to do a switch. Doesn't see a lot of excitement in 08 on the production side.
BUY
Sees gold going higher and could be $900. Partially due to a weak US$ and partially because of the potential for inflation. Well-run company.
BUY
Has come down quite sharply and is in a Buy zone. Well-run company. A commodity company so has suffered with some of the sell off.
BUY
Did very well but got ahead of itself. Now back into a Buying range. Well-run company. Making great strides in the Far East.
SELL
(Market Call Minute.) Not sure what they may have in their back pocket.
BUY
(Market Call Minute.) Doesn't believe the commodities are out of the picture yet.
BUY
(Market Call Minute.) Thinks this company could disappear into BP in the next year and a half.
BUY
(Market Call Minute.) Safe.
BUY
(Market Call Minute.) More on the Buy side than on the Sell side.
DON'T BUY
(Market Call Minute.) He is staying away from the small caps until the dust settles.
COMMENT
Tonight's program was on wine tasting, No stocks. The next program is not until Thursday Dec 27th so I guess I'm on holidays. Happy holidays to everybody and good investing in the New Year. Bill