He was very impressed by what they are doing when he met with them last week. They bought Farm Boy recently. They are looking carefully at their online strategy. They ran into problems with Safeway but have now turned around same store sales with it. The easy turnaround has been done and from here it will be a little more difficult. He might buy it on temporary weakness.

Management has done a hack of a good job on the retail side in the face of companies like Wal-Mart and Dollarama. It does not trade at a crazy multiple. They made acquisitions that fit in. Their recent acquisition they paid a lot for. It is a different business. We may see the impact in the future.

He loves it because their prices are really good. As an investment he has shied away from it. It is a tough business. They admit that they have to diversify now. He thinks the recent acquisition is extremely risky.

He pressured the company to change their name back. He was happy with the last quarterly results. Volumes continue to grow. Margins are improving. There is a new plant coming on in Q3 next year.

One of Canada's largest distributors of medication to seniors' residences. They will announce they are selling non-core assets. They will get to pay down pretty much all their debt. He really expects this stock to move up rapidly – a double to a triple over the next year. This is an industry that is growing. (Analysts’ price target is $0.65)

A global leader in industrial valves. It is beaten up. It was suffering from tax loss selling. The backlog is growing again. It is trading at 50% of its net book value. He still thinks it will be sold to a much larger player at some point.

The biggest bus and motor coach manufacturer in North America. It is trading at under 10 times PE. It is a recession-proof business. They have been buying back a lot of stock recently. (Analysts’ price target is $52.14)