PAST TOP PICK
(A Top Pick Oct 13/11. Up 6.93%.) Best performing stock in the index last year however, over 80% of their production is weighted towards gas so he exited the position.
PAST TOP PICK
(A Top Pick Oct 13/11. Up 19.32%.)
PAST TOP PICK
(A Top Pick Oct 13/11. Up 2.32%.) Being acquired by Crescent Point Energy.
COMMENT
Markets. Feels this market has room to run. Because we have had a really strong run means we are likely to continue to do so. Central banks are continuing to pump out liquidity. Chinese have started to reduce reserve requirements. Because of strong earnings, valuations of companies are reasonable.
BUY
Very diversified and well-managed company. Lots of inflation proof assets like properties, financials and utilities.
WATCH
Very successful in things like Equatorial Guinea where they have big offshore oilfields. Tends to be volatile. With current high oil prices, this is likely to be a stock that benefits. Very much a leveraged play on your outlook on oil. Has a lot of growth coming through. Be a little cautious until you see that some of the production issues have been dealt with.
COMMENT
Avis bought out Avis Europe at the beginning of the 4th quarter and basically took a write off. Has recovered very strongly from the great recession. There is a little bit of growth in the number of cars being rented. 1st and 4th quarters are their worst quarters but they make money in the summer. Margins are being squeezed by competition and people unwilling to pay.
SELL
Number of European telecoms have decent dividend yields but this one has had its stock dropping over the last 5 years so it is regarded as having ex-growth. If you want a European telecom, you might consider switching to Vodafone (VOD-Q) or Telefonica (TEF-N).
BUY
Biggest mobile phone company globally. Over a long period, it has actually marked time over the last few years because the Chinese government has brought in more competition. It is making a series of higher lows. Great way to play the Chinese emerging middle class.
PAST TOP PICK
(A Top Pick Feb 7/11. Up 20.46%.) One of the better ways to play gold. This is a large cap with a growth profile. Have a number of new mines coming on stream.
PAST TOP PICK
(A Top Pick Feb 7/11. Up 19.7%.) Still a Buy. One of the rare companies where you know the dividend is going to increase in the next couple of years.
PAST TOP PICK
(A Top Pick Feb 7/11. Down 14.26%.) The problem is the general malaise that is affecting all oil companies despite the fact that oil has held in fairly well. If you believe oil prices are going to be higher, this will be a beneficiary.
HOLD
Started to have a revival in the last few months because it is a beneficiary of the belief that economic growth is coming back. They are not on the hook financially in the event the Madagascar project doesn't get built but they are 50% finished. CEO has retired after 20 years creating some uncertainty. Upside is probably very attractive.
BUY
There is much greater transparency on production with the new management and have had decent growth in production for the 1st time in 3-4 years. If you buy now, you will get paid while you wait because of the yield.
SELL
UK government owns something like 45%. Because of this, they will be forced to do socially important lending. You won't get any dividends.