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It has come off substantially. Shows a high yield. Business model for paper side will continue to decline. Increasingly with apps on phones you can bypass the on-line side. You can buy for the yield but he doesn’t see much growth.

It reported its first quarter under new management and with Frank gone. They cleaned out a bunch of stuff and blamed it on the old management. The market peeled it back nicely on guidance. If oil goes to $120 he might sell it. 2% dividend and good growth. Have been spending money on the eCar initiative and either it is going to work or they are going to abandon it and either way we get higher earnings and they end up over delivering.

Smaller (junior) oily name that has fantastic growth. Mostly oil. Different plays. A whole bunch of production coming on stream. They will have doubled production over the year. They had done an issue and the stock was lagging because of the issue. It’s obvious that the management can double production quickly.

This is reminiscent of around Christmas time when he picked RY as the laggard, and it made up ground. Descent numbers with a lower tax rate. Descent dividend, but the stock is down $2.