BUY ON WEAKNESS

Lots of value. Not owned for a year or so. $3 means you are getting paid to wait, 4%+ dividend. Asset value of $10 to $11. Nickel is out of favour. Third nickel, oil and coal each. Could be broken up to realize value.

HOLD

(Market Call Minute) A little out of favour, tax loss selling.

HOLD

(Market Call Minute) Hold for dividend only.

HOLD

(Market Call Minute) Prefers CPG. Might do better than the dividend.

HOLD

(Market Call Minute) Recovered nicely.

HOLD

(Market Call Minute) Might have some better growth because of industrial compared to other REITs.

BUY

(Market Call Minute) Disappointing in 2014 outlook made it a good entry point last week, but prefers others.

BUY

(Market Call Minute) A little bit better outlook for oil in 2014 and margins may expand.

TOP PICK

Expecting 40% jump in earnings next year. They are a leasing company. They will lease expensive assets back to companies. Buy for the growth.

TOP PICK

Aimco sold a block, driving share price down but it had nothing to do with the operation. A new holding for him. Have about 200 rigs. 2.5% dividend.

TOP PICK

Surest growth in the energy patch. Looks expensive but if you look to the end of 2014 it looks cheap. They will double their production from here.

N/A

Markets. Tends to look for names that are undervalued, under researched and typically under owned by institutional investors. Focuses on bottom-up investing.

COMMENT

Had a Short position on this for a while. Located in Kenya, Ethiopia and Somalia. Shorted this because it is a new basin so there is a question of valuation and tends to be a bit too frothy expectation. It will take them a while to deliver any meaningful production, possibly 2018, at the earliest. Thinks there could be significant weakness in the share price going ahead.

BUY

Likes this. Essentially they assist pipeline companies in constructing pipelines. There is one particular division that he likes called Arctic Therm and they are starting to increase the utilization of that division. Has had nice performance this year but he continues to see upside. Very positive on pipeline construction companies, as opposed to pipelines themselves.

BUY

Tends to be used as more of a play in LNG on the West Coast.