A software company that does virtual wards for patients, where they have sensors around the house reminding patients of things they’re supposed to do. Signed 2 large contracts in the US recently and just signed another one yesterday, and have about 48,000 patients in their pipeline. This saves insurers a lot of money, because instead of having to call somebody up, the sensors do it for them.

He likes it, has been one of his top picks in the past and he stills like it. Tim Hortons has always been great on its own, then came Burger King which is pretty strong too. Together there was a little bit of synergies. And then they bought Popeyes Louisiana Chicken which he was pleasantly surprised with the performance. They are still on the hunt for more acquisition and are really good operators. There are speculations that the new McDonald's Value Menu could be a treat and that a price war could be going on. He is not too concerned about the competition. He would recommend McDonald’s (MCD-N) as well.

Looks better to him than it has in the past. He has always wanted to like this company because it’s a good solid pipeline, but has found it to be quite overpriced in the past. In the last 2 years it hasn’t done that well on the market, it’s still a strong company but now it looks like it's priced better. Regarding the new petrochemical business they are getting into, there are some uncertainty, but there are some companies in this sector that are actually doing quite well. He doesn’t know the details of what they are getting into but he wouldn’t despair because it’s not a bad business in general.

A big fan of this company, especially at this time. Certainly had some tough time time in the last 2-3 years with a lot of debt, and it still does. But one of his key metric is return on invested capital and it seems it has finally bottomed and it’s starting to recover. It’s not carried away but it’s in the right direction and doesn’t need to do much to justify the price. He likes it quite a lot.

He likes it. Quite a good company. Has shown a long history of return on capital that’s really quite impressive. But getting slightly worse, return on capital has gone down but stock price has gone up. That would generally be counterintuitive normally. The stock would go down. But they have so much cash on their balance sheet that the returns do get dragged down. If you take out the cash all of a sudden you realize that the return on capital is outstanding. It’s a stock you have to own. It’s so good, they are changing the world, they make a ton of money.It’s an amazing company.

Would you get in at this level? He would get it, it’s a great company one of the most consistent he has seen. Earns 13-14% return on invested capital. You need to pay up for consistency. Stock has gone up, it’s not super cheap but it’s not out of the stratosphere just yet so you can still hold it.

It’s cyclical but he thinks its a good time to get back in. The return on invested capital in the last 2 years has improved from 1% to 3% and now in Q3 it’s at 7%. It’s going in the right direction, the valuation is quite reasonable, you got the commodity prices, mostly coal and copper, going in the right direction too. Things are going in the right direction, he really likes it.