Healthcare serving markets in the far east. 45% is providing equipment and services to biosciences exploring new drugs, therapies, etc. Other part is bioprocess, using molecular structure as opposed to chemical compounds.
Production will be fairly flat over the next couple of years as it is divesting itself of a couple of non-core positions but expects production will accelerate in 2012-2013.
Dividends for all Canadian banks are safe. This bank is having a little more difficulty because of write-offs, etc. Would like to buy at $60. Yield of 5% plus.
His ideal entry point would be about $30 but never seems to get cheaper. Long-term, it's a great story to own. Going global. Terrific story but too expensive. 5.5% yield.
Loves precious metals as he expects a depreciation of paper currencies and moving to a new basket of currencies including gold. There is also a concern about solvency of various nations and the amount of debt they are taking on.
Silver. Great story going forward. Acquiring a neighbouring property owned by Platte River Gold company. You could also look at the silver ETF (SLV-N), which could be as good a proxy for precious metals as anything else.
If looking for decent yield and long-term growth in telcos, this would be his prime choice. (30% of Canadians don't have cable or wireless and that is the segment that the competion GlobeAlive (?) or Wind (?) will go after.)
