TOP PICK
Growing subscriber base at about 5 million a month. Recently got the franchise to sell Blackberry in China. Well managed company.
TOP PICK
Showing strong growth in iron ore. Totally integrated with their own railroad and ships. Well managed.
TOP PICK
(Singapore stock market) Prudent lender. Well managed. 70% of their business is in Singapore. Good balance sheet.
BUY
Data networking. Half their business comes of switching and routing. Reasonable multiple. Could be a little bit of short-term pain but not a whole lot.
BUY
Good, solid Spanish bank and is looking at this one very closely.
DON'T BUY
UK banks have been a difficult place to put money in the last couple of years and he hasn't been in them.
BUY
World's largest food company and do about 1/3 of their business in North America and 1/3 in Europe.
BUY
Great and one of the larger food processing global companies. Good defensive characteristics. 4.2% dividend.
PARTIAL BUY
Biggest domestic bank in US. Acquired the very strong franchise of Merrill Lynch during the downturn. Also acquired the mortgager Countrywide and had some difficulty with the mortgages. About 40% of revenue is from consumer lending. Trading at the price of BV. Consider averaging in.
TOP PICK
We are going into a seasonably weak market for oil and gas. Existing production and meaningful resource upside. Market cap of over Billion. It’s trading cheap on reserves. Can fund about 10-15% growth per year.
TOP PICK
We are going into a seasonably weak market for oil and gas. A story that is not on the radar screen of most investors.
TOP PICK
We are going into a seasonably weak market for oil and gas. An out of favour gas stock. Lots of catalysts coming for the rest of the year. Good management.
PAST TOP PICK
(Top Pick Mar 24/10, Up 2.4%) Still likes. Been little to get to get them started. It’s been a wet season. Trading at a reasonable multiple on existing production. Will be drilling their first horizontal well in September, which will be a huge catalyst (news in late October)
PAST TOP PICK
(Top Pick Mar 24/10, Down 23%) At the time it was a cheap natural gas name and now it is a VERY cheap natural gas name. It was intended as long-term holding.
PAST TOP PICK
(Top Pick Mar 24/10, Down 16%) Very comfortable with this one. One of his larger holdings.