WAIT
Not convinced they'd do a stock split. Top stewards of capital and acquisitions. Trading just below what he'd consider a stop level. See his Twitter feed (@SC_FUNDS) after the show for an example of a stop loss for CSU.
computer software / processing
COMMENT
Stop losses. See his Twitter posts @SC_FUNDS for how to implement stop losses.
Unknown
COMMENT
Biodegradable packaging. Growing organically and via acquisition. Recent numbers were quite good and achieved all goals, but the stock price doesn't reflect that. Bank is examining its covenants, an overhang. He owns the convertible debentures.
chemicals
COMMENT
A bit of a lottery ticket. Good job expanding in US, strong revenue growth, fairly good cash balance, growing organically. US regulatory environment has not improved. US investment firms won't hold cannabis while still illegal. Tide's gone out on the market. Future is promising, but he can't say when. Will be a leader long term. Investors must decide whether to hold or use tax-loss selling.
agriculture
DON'T BUY
Lots of opportunity in the US. Guilty of using easy money to build massive facilities. Big writedowns. Big equity offering. Doesn't see an imminent big export market. Longer term potential, but it's an outside probability.
0
BUY
Concern about kitchens being in Taiwan, potential for invasion by China. Supplying semiconductor companies cuts costs and increases sales volume. Continues to add brands and hubs. Revenue line still increasing, so he still likes.
0
TOP PICK
In the energy patch in BC and Alberta. Discount to peers. Growth rate of 45% over last 3 years compared to peers at 9%. Payout ratio less than peers. Trades at 4x cashflow vs. peers at 9x. Technical breakout, lots of runway with higher commodity prices. Opportunity with renewable nat gas. Yield is 2.63%.
0