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| Robert McWhirter of Selective Asset Management |
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| TOP PICK | Golden Star Resources | GSC-T | 3.840 | Producing about 400,000 ounces of gold in Ghana and have about $.9 billion. Trades at about 5.5X cash flow. Cheap at 16.8X PE for 2010. 46% earnings growth forecast for 2011. | 2009-11-17 | ||
| TOP PICK | Martinrea | MRE-T | 8.000 | Manufacture auto parts. Great opportunities to grow through acquisitions. $.63 earnings forecast for 2010 with a 12.5 PE, declining to an 8.3 PE in 2011 with 49% earnings growth. | 2009-11-17 | ||
| TOP PICK | Neo Material Technoligies Inc. | NEM-T | 4.360 | Makes neodymium for high-strength magnets. Keen on Netbook sales because Intel decided to limit memory and screen size with flash drive but users wanted to store a lot. Expect 40 million net books to be sold in the coming year. 12.8X PE for 2010. | 2009-11-17 | ||
| Comment | Superior Plus Corp | SPB-T | 12.630 | Just made a purchase to acquire some tax pools. This is a huge advantage for a transition from a trust and was done at a very good price. | 2009-11-17 | ||
| BUY | iseemedia Inc | IEE-X | 0.180 | Developed software that can change a cheap cell phone to have RIM-like (RIM-T) functionality, such as e-mail, on a very modified basis. Have signed up a large number of emerging-market carriers. Very speculative and you should know in 6 months if they go up or blow up. | 2009-11-17 | ||
| DON'T BUY | Imaging Dynamics Company | IDL-T | 0.070 | Aren't producing much in the way of earnings. Ranks 461 out of 600 companies in his database. Expecting to lose $0.07 this year and $0.04 in 2010. | 2009-11-17 | ||
| HOLD | Bridgewater Systems Corp. | BWC-T | 8.380 | In the top 10% of his database. Recent earnings were good and earnings estimates went up by 23% with a 7% earnings surprise. Earnings are supposed to grow 41% in 2010 but market has some concerns because most of this will be backend loaded. Keen on their product. | 2009-11-17 | ||
| DON'T BUY | Osisko Exploration Ltd. | OSK-T | 8.050 | Ranks 376 in his database because year-over-year earnings were down 40% with an 8% negative earnings surprise. Expected to lose $.04 in 2009 with not much improvement in 2010. He prefers companies in the gold space that are actually producing 15% per year in earnings or better. | 2009-11-17 | ||
| BUY | Aecon Group Inc | ARE-T | 14.050 | Signed a new contract sooner and larger than expected, which is why people are excited. Ranks 209. Not keen near term because recent earnings were down 22% and coming quarter is supposed to be down 25%. However earnings growth for 2010 is expected to be 23% against a 14 PE, which is attractive. | 2009-11-17 | ||
| PAST TOP PICK | SXC Health Solutions Corp. | SXC-T | 56.150 | (A Top Pick Jan 26/09. Up 171%.) Has done really well and continues to gain market share but slipped out of the top 25% of his database so he sold his holdings. 26X PE for 14% earnings growth is expensive. | 2009-11-17 | ||
| PAST TOP PICK | Biovail Corp. | BVF-T | 13.730 | (A Top Pick Jan 26/09. Up 11%.) Ranks 496 in his database and year-over-year earnings were down 4%. Can't see any growth so he sold. | 2009-11-17 | ||
| PAST TOP PICK | CGI Group (A) | GIB.A-T | 13.100 | (A Top Pick Jan 26/09. Up 35%.) 14% earnings surprise. $1.09 forecasted earnings for 2010, up 8%. Not expensive at 12X PE. Other stocks he prefers. | 2009-11-17 | ||
| Comment | BCE Inc. | BCE-T | 27.210 | Getting more competition. Recent earnings were down. Sleepy conservative company at 11X PE. Will be able to maintain the dividend. 13% ROE. Okay if you want dividends but better choices for growth. | 2009-11-17 | ||
| Comment | Suncor Energy Inc | SU-T | 38.880 | Thinks oil will trade above $80 and if it breaks through $82 the stock could go up another $7. Ranks very low in his database. | 2009-11-17 | ||
| BUY | Bank of Nova Scotia | BNS-T | 49.000 | Most international of the Canadian banks and if holding for 5 years you should be happy. Good conservative investment. | 2009-11-17 | ||
| WAIT | First Uranium Corporation | FIU-T | 2.150 | Gold/uranium in South Africa. Analysts chopped estimates by 95% in the last 90 days. Expected to lose $.12 in 2009 and $.30 in 2010. Earnings in 2011 are supposed to go positive at $.66. Wait to see if they get the mine actually producing. | 2009-11-17 | ||
| WATCH | Agrium | AGU-T | 58.550 | Doesn't rank well in his database. Year-over-year earnings down 91% and coming quarter expected to be down 88%. Last quarter had a 52% negative earnings surprise. Earnings expected to grow 72% in $2010 to $5.43 against a 10 PE, which is reasonable. Once corn/wheat start moving up things should start improving. | 2009-11-17 | ||
| Comment | Indigo Books & Music Inc. | IDG-T | 13.340 | Advent of digital books and e-readers is an opportunity for them. Near-term earnings are going down a bit as they put money towards the electronic initiative. Earnings were down 21% year-over-year and coming quarter expected to be up 6%. Earnings expected to slip from $1.22 in 09 to $1.17 in 10 and forecasting 15% growth in 2011. 11X PE. | 2009-11-17 | ||
| Comment | Noveko International Inc. | EKO-T | 2.140 | Superfine air filters with antibacterial coating as well as industrial size filters for pig and chicken farming. Interesting speculation. | 2009-11-17 | ||
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| BUY | DragonWave Inc. | DWI-T | 9.230 | Microwave backhaul, which is much cheaper and faster than current methodology. Great opportunity as huge traffic returns to cell phones. Earnings up 485%. Expected to slow down but pretty brisk earnings forecast of 64% for 2010. 24% decline in earnings forecasted for 2011. | 2009-11-17 | ||
| HOLD | BioExx Specialty Proteins Ltd. | BXI-T | 2.010 | (Market Call Minute.) Moving towards extracting canola protein and results are expected in March. | 2009-11-17 | ||
| DON'T BUY | Intrinsyc Software Inc | ICS-T | 0.090 | (Market Call Minute.) In the bottom category of his database. Not expected to earn any money in 2010. | 2009-11-17 | ||
| DON'T BUY | Rubicon Minerals Corporation | RMX-T | 4.470 | (Market Call Minute.) Ranks 147 in his database. Forecasting bigger losses in 2010. | 2009-11-17 | ||
| BUY | Sino-Forest Corp | TRE-T | 19.560 | (Market Call Minute.) Thinks this one will do well. 26% earnings growth. Expect you will be happy a year from now. | 2009-11-17 | ||
| TOP PICK | Neo Material Technoligies Inc. | NEM-T | 3.860 | Makes dinium (?), rare earth mineral that is used in small high intensity magnets for things such as hard drives in notebooks and automotive uses (power windows, power seats). In the top 2% of his database. 12.5 PE. Cheap. | 2009-09-15 | ||
| TOP PICK | DragonWave Inc. | DWI-T | 7.600 | Makes basically a microwave backhaul. When everyone is using cell phones and sending video it overwhelms the current backhaul. Earnings are forecast at $.31 for Feb/10, almost doubling to $.58 to Feb/11. 12.5 PE. 22% ROE. Lots more growth to come. | 2009-09-15 | ||
| TOP PICK | Bridgewater Systems Corp. | BWC-T | 8.290 | Software that authorizes and authenticates what happens on a cell phone. Just signed a $19 million contract, which suggests that they have half of their sales in the bag already for 2010. Expected to earn $.38 Dec/09 and expected to rise by 31%. | 2009-09-15 | ||
| PAST TOP PICK | Migao Corp. | MGO-T | 6.970 | (A Top Pick Jan 26/09. Up 19.44%.) Slipped back in the ranks because of concerns of the overall fertilizer space. | 2009-09-15 | ||
| PAST TOP PICK | Petro Andina Resources | PAR-T | 10.460 | (A Top Pick Jan 26/09. Up 100.2%.) Acquired | 2009-09-15 | ||
| PAST TOP PICK | Western Gold Fields | WGI-T | 3.020 | (A Top Pick Jan 26/09. Up 104%.) Acquired by New Gold (NGD-T). | 2009-09-15 | ||
| DON'T BUY | Crescent Point Energy Corp | CPG-T | 37.480 | Like many energy companies, it does not rank well in his models because he looks for near-term earnings growth. Bottom 5% of his database. Most recent year-over-year earnings were down 90% and he sees no dramatic pickup in earnings. | 2009-09-15 | ||
| SPECULATIVE BUY | BioExx Specialty Proteins Ltd. | BXI-T | 1.300 | Crushes canola to extract oil and then has to extract protein. The big margins occur when they extract isolets. Expecting to have equipment in place and producing commercial volumes in Q1 of 2010. If successful $2 per share would be a good price because of the lower risk. The real key is between Jan/10 and March/10. Reasonable speculation for a toe in the water. | 2009-09-15 | ||
| WAIT | aeromechanical Services | AMA-X | 0.315 | Black box technology for airplanes for areas not currently covered such as Caribbean and China. Only one analyst covering forecasts $0.01 earnings, which is pretty brisk. Announced its first commercial contract. Very speculative. Wants to see contracts and cash. | 2009-09-15 | ||
| Comment | Encana Corp | ECA-T | 63.620 | Will be splitting between oil and gas, which will be a good thing. If you think natural gas will recover in a year, it could be a good point to enter as a speculation. Near-term earnings are not there. | 2009-09-15 | ||
| SPECULATIVE BUY | Burcon Nutrascience Corp. | BU-T | 7.350 | Extracts protein from canola. Hopefully will see some results before the end of the year regarding their application to the US government to be able to put their product into food. Recently announced they were able to extract protein from soy also. | 2009-09-15 | ||
| DON'T BUY | Imaging Dynamics Company | IDL-T | 0.050 | Very interesting technology. Has been trying to get traction in China, which has a big push on to get away from silver-based x-ray and has an incentive for technicians to use the digital system. Had mechanical and collecting debt problems. He has no earnings estimates. | 2009-09-15 | ||
| PARTIAL SELL | Electrovaya Inc. | EFL-T | 0.980 | Lithium ion polymer batteries. Interesting technology. The play is to have lithium batteries into cars. A lot of batteries have already been contracted for so this company seems to be late for the party. If you own, consider lightening up on your position. | 2009-09-15 | ||
| TOP PICK | CASH | CASH | 0.000 | (A Top Pick June 18/08.) Thinks we have seen the bottom but we are in the midst of an intermediate pullback, which will last about 3 months and may give back half of the lift you have seen from the first week of March lows. As it gets into the first part of November and for the balance of the year hopefully a new bull market will start. | 2009-06-22 | ||
| TOP PICK | Astra Technologies | AAH-T | 25.700 | Acquired some Nortel (NT-T) technology and made a ton of money. Make wireless phones for home and particularly office both on the DECT standard in Europe as well as VOIP protocol. Costs have dropped dramatically. Looks cheap based on analysts estimates for the coming year. $3.62 at 7.5X PE for 2009 and ROE at 17% and estimates have been cranked up by 128% for the last 90 days. | 2009-06-22 | ||
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| TOP PICK | Mosaid | MSD-T | 13.610 | Patent portfolio on both semiconductors and wireless communications. 7.7% dividend. Expected to earn $1.97 for April/09 (up 22%). April/10 forecast to $2.28 (up 16%). That is against a 5.7X PE. Thinks it will continue to be successful with their patent portfolio. Also have a skunk works where they are working on some interesting pieces relating to flash memory for blisteringly fast responses. If things are successful it could have a 50% lift. | 2009-06-22 | ||
| PAST TOP PICK | Xantrex Technology Inc. | XTX-T | 14.980 | (A Top Pick June 18/08. Up 41.72%.) Delisted Sept 29/08 due to an acquisition. | 2009-06-22 | ||
| DON'T BUY | Imaging Dynamics Company | IDL-T | 0.100 | Makes interesting inexpensive x-ray systems and trying to increase sales in China. Ranks in the middle of his database. Latest earnings have improved on a quarter over quarter basis but losses on earnings for 2009 will go from $0.20 to $0.04. Analysts forecast for 2010 still show a loss of $0.04. | 2009-06-22 | ||
| DON'T BUY | Iteration Energy | ITX-T | 1.170 | Natural gas in storage is currently at 20% above the 5 year high. Cheap on its ratio compared to oil but there is a lot of gas coming out of the shale plays in the US. In the bottom 15% of his database. | 2009-06-22 | ||
| DON'T BUY | Fairborne Energy Ltd. | FEL-T | 3.780 | Natural gas exposure. In the bottom 2% of his database. Unless there is a dramatic improvement in the prices of natural gas, oil and the earnings by the company it is fully discounting any kind of turnaround. | 2009-06-22 | ||
| SELL | Verenex Energy Inc. | VNX-T | 6.600 | In the bottom 15% of his database. Made $0.04 last year but expected to lose $0.14 in 2009 and lose $0.15 in 2010. | 2009-06-22 | ||
| SELL | Silvercorp Metals Inc. | SVM-T | 3.570 | Currently attempting a hostile takeover of Klondex Mines (KDX-X). Real key is will Silver stay above $15 (equivalent to $1000 gold). Some analyst suggested gold would potentially drop to $850 meaning silver could be heading to $12 or lower. | 2009-06-22 | ||
| DON'T BUY | Azure Dynamics Corp. | AZD-T | 0.190 | Top part of his database because of its price action. Earnings are improving but still negative. -$0.12 last year and expected to be -$0.04 in 2009. Only 1 analyst covers this company and is forecasting them breaking even in 2010. They need much larger orders and much more visible backlog to create confidence. | 2009-06-22 | ||
| BUY | Atrium Biotechnologies Inc. | ATB-T | 12.590 | High-end vitamins. Earnings are expected to grow by 9% this year and 11% next year against a 7 PE. Seems to be recession resistance. | 2009-06-22 | ||
| DON'T BUY | aeromechanical Services | AMA-X | 0.250 | Black box technology for airplanes. Huge opportunity to install equipment into Chinese planes but that has been slow. Only 1 analysts covers and he is expecting an earnings loss of $.06 this year and earnings of $.01 in 2010. Fairly brisk 25 PE for a pretty uncertain outlook at this point. | 2009-06-22 | ||
| BUY | Migao Corp. | MGO-T | 7.500 | Fertilizer company in China. Thinks there is great opportunity for them. Stock ranks in the top 5% of his database. Earnings expected to grow slightly to $1.10 in 2010 and 15% to $1.27 in 2011. This is against a 6 PE. Looking to expand outside of China. | 2009-06-22 | ||
| DON'T BUY | Galleon Energy Inc. | GO-T | 4.070 | Expecting a pullback in oil and natural gas. Ranks very low in his database. | 2009-06-22 | ||
| Comment | Zoomed | ZMD-X | 0.310 | Communication device between doctor and pharmacist. Great product. Federal government is encouraging electronic equipment like this and he is expecting it to come to some kind of agreement over the next 3 months but need money in the meantime. | 2009-06-22 | ||
| Comment | WFI Industries | WFI-T | 26.700 | Water out of the ground to heat furnaces in the winter and cool in the summer. Very interesting product. Will probably mark time at the moment. In the bottom 2/3rds of his database. | 2009-06-22 | ||
| Comment | DragonWave Inc. | DWI-T | 4.380 | Backhaul for communications. One customer is doing a massive build out in the US for the next 2 years. Backhaul is becoming very important because of the overall explosion of volumes of video. Big earnings growth is expected. With the expected pullback you might get this a lower price in the next 3 months. | 2009-06-22 | ||
| BUY | BioExx Specialty Proteins Ltd. | BXI-T | 0.530 | Canola oil. Must go through 3 phases of production between now and the end of the year. Now in the 1st phase. Should be a 50% ROE in the 2nd phase. In the 3rd phase they should be able to pull out protein and should give 100% ROE. Their advantage is a low temperatures solvent giving them lower operating costs and better protein. Very speculative. | 2009-06-22 | ||
| SELL | Highpine Oil & Gas | HPX-T | 4.230 | Fairly levered to natural gas. In the bottom 10% of his database. Made $.87 in earnings last year but forecasted to lose $1.22 for 2009. | 2009-06-22 | ||
| SELL | Dalsa Corp | DSA-T | 5.550 | (Market Call Minute.) Facing challenges. Ranks low in his database. | 2009-06-22 | ||
| SELL | Anderson Energy Ltd. | AXL-T | 0.880 | (Market Call Minute.) Because of his near-term outlook for all energy stocks he would sell. | 2009-06-22 | ||
| Comment | Wi-Lan Inc. | WIN-T | 2.020 | (Market Call Minute.) If you own it, he would sell and buy it back later. If you don't own it would be a buy. | 2009-06-22 | ||
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| DON'T BUY | Norbord Inc. | NBD-T | 1.280 | (Market Call Minute.) Forest products area. We'll continue to face challenges. | 2009-06-22 | ||
| BUY on WEAKNESS | Angiotech Pharmaceuticals | ANP-T | 1.900 | (Market Call Minute.) A lot of biotech stocks have done well. Would buy on a pullback. | 2009-06-22 | ||
| Comment | A Comment -- General Comments From an Expert | A Commentary | 0.020 | There is more pain to come – we have not bottomed. But now the pain is getting less. Still a ton of foreclosures to come. Manufacturers will continue to chop inventories and output. 4’th Quarter this year or at latest next summer will be the bottom before the Bull Market. He holds 40% in growth portfolios because this is a rally in a bear market. | 2009-04-29 | ||
| DON'T BUY | Active Control Technology | ACT-X | 0.300 | Required for newly required mining safety plan as a supplier. Has doubled and it is difficult to know how much more it will gain. Zero earnings forecast. | 2009-04-29 | ||
| BUY | Com Dev International Ltd. | CDV-T | 3.950 | Earnings expected to grow well, although trimmed recently. 15% return on equity. Good opportunity for company after next two years. | 2009-04-29 | ||
| DON'T BUY | BCE Inc. | BCE-T | 25.800 | Faces challenges in communications sector. Data sales are up but wireless is less than expected. 2% earnings growth forecast. | 2009-04-29 | ||
| BUY | Research In Motion | RIM-T | 80.000 | Good opportunities over the next two years. 16% earnings growth forecast for a year. | 2009-04-29 | ||
| BUY | Zoomed | ZMD-X | 0.290 | Emerging development stage. Doesn’t have a ton of cash. May be able to get some cash from the government. | 2009-04-29 | ||
| DON'T BUY | Timminco Ltd. | TIM-T | 1.690 | Solar area has been a challenge. Production is not as large as expected. Prefers FSLR-O | 2009-04-29 | ||
| BUY | First Solar Inc. | FSLR-Q | 151.670 | Bought a customer who is building out solar farms in the US. | 2009-04-29 | ||
| PAST TOP PICK | Celestica Inc | CLS-T | 7.410 | (Top Pick Apr 8/08 Down 0.42%) Had taken a down turn before being picked and has rebounded to here. Assuming economy is turning around, it is a hold. | 2009-04-29 | ||
| PAST TOP PICK | Bombardier Inc (B) | BBD.B-T | 3.520 | (Top Pick Apr 8/08 Down 44%) lots of opportunity on the rail side but there is a stigma on the corporate jet side. Earnings estimates have been shaved in the last 90 Days. You’d be happy in 3 years. | 2009-04-29 | ||
| PAST TOP PICK | TriStar Oil & Gas | TOG-T | 11.170 | (Top Pick Apr 8/08 Down 23%) Analysts continue to shave their earnings estimates. Doesn’t rank well due to the decline in the commodity price. Far too much Natural Gas in storage. | 2009-04-29 | ||
| DON'T BUY | Trican Well Service Ltd. | TCW-T | 9.000 | Challenge is a lot of Natural Gas wells are either being shut in or not being drilled. Earnings expected to drop this year. | 2009-04-29 | ||
| BUY | Atrium Biotechnologies Inc. | ATB-T | 13.940 | Sales in health food stores are increasing. Recently acquired another company. Earnings are good. Earnings growth has been good. 33% expected. He is considering buying it. | 2009-04-29 | ||
| BUY | Sandvine Corp. | SVC-T | 1.280 | Great flurry of excitement because UK has indicated it is important to see what is going over the Internet in terms of Skype usage and so on. | 2009-04-29 | ||
| VAGUE | Mitec Telecom | MTM-T | 0.070 | Earnings are forecast to go from 2-cent loss to 4-cent loss. But if success of their pilot continues, it may go up. There could be great opportunities for them around the world. | 2009-04-29 | ||
| DON'T BUY | Shore Gold Inc. | SGF-T | 0.440 | Currently losing money and in development stage for mine. A year from now you will be closer to finding out if you can bring the mine into production. | 2009-04-29 | ||
| DON'T BUY | Harry Winston Diamond Corp. | HW-T | 5.170 | Earnings estimates chopped by 90% in the last 90 days. | 2009-04-29 | ||
| SELL | Oilexco Inc | OIL-X | 0.145 | (Market Call Minute) Better opportunities in other names. | 2009-04-29 | ||
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| SELL | Cryptologic | CRY-T | 8.300 | (Market Call Minute) | 2009-04-29 | ||
| SELL | Sherritt International Corp. | S-T | 4.950 | (Market Call Minute) excitement because of Cuba, but better opportunities elsewhere. | 2009-04-29 | ||
| SELL | Potash Corp of Saskatchewan | POT-T | 102.610 | (Market Call Minute) Better to look for other opportunities in the agriculture space. | 2009-04-29 | ||
| SELL | Zenn Motor Company Inc. | ZNN-X | 4.600 | (Market Call Minute) Still haven’t got a battery made yet. | 2009-04-29 | ||
| TOP PICK | CGI Group (A) | GIB.A-T | 10.710 | Recent 1.3 Billion of new contracts, earnings expected to grow at 15%. Free cash flow generator (14%). They can take that cash and pay out dividends, buy back stock or make acquisitions. | 2009-04-29 | ||
| TOP PICK | Jean Coutu Group (PJC) (A) | PJC.A-T | 9.130 | Pharmacies in both Canada and the US. Recent earnings better than expectation. Took out Feb high today. Pretty good opportunities for double-digit growth in 2010/2011. | 2009-04-29 | ||
| TOP PICK | Astra Technologies | AAH-T | 29.500 | Recently reported much stronger earnings than expected. They are in the telephony area. 12% free cash flow generator. An extremely levered company. | 2009-04-29 | ||
| BUY | RuggedCom Inc. | RCM-T | 19.900 | Part of the Smart grid and are closer to transformers. Most transformers are about 30 years old and need to be replaced. Electrical utilities are a very reliable client base. Infrastructure play. No visible backlog is a problem. Expecting a 19% earnings growth. Ranks well in his models. | 2009-03-11 | ||
| TOP PICK | SXC Health Solutions Corp. | SXC-T | 25.170 | Back office transaction between pharmacies, payer, insurance, etc. Recently reported very good earnings at about 100% year-over-year. Coming quarter earnings are expected to grow at about 84%. Continuing to gain market share. Analysts suggest being a strong buyer between $20-$22. | 2009-03-11 | ||
| TOP PICK | Biovail Corp. | BVF-T | 14.050 | Good opportunity for about one to one and a half years. Have talked about acquisitions and if they do a significant one it could result in reducing or eliminating dividends. Likes their Huntington product and they are also testing a Viagra-like product. | 2009-03-11 | ||
| TOP PICK | CGI Group (A) | GIB.A-T | 9.230 | Boring is currently beautiful. Stock has traded in a very long sideways band. Reasonably priced at 9X PE. Free cash flow yield is about 16%. Have very long-term visible contracts and customers continue to outsource to them. $8.25-$8.50 would be a stoploss. | 2009-03-11 | ||
| PAST TOP PICK | Bombardier Inc (B) | BBD.B-T | 2.710 | (A Top Pick April 8/08. Down 53.7%.) Sold in Feb/09 and down 44%. Biggest challenges they face are credit restrictions and low sales on business jets. | 2009-03-11 | ||
| PAST TOP PICK | TriStar Oil & Gas | TOG-T | 8.040 | (A Top Pick April 8/08. Down 44.6%.) Up 26% at Sept 8 sell point. Still early for a Buy. Seasonality is in favour of the “energy trade” and this is one that is not yet showing up well. Earnings are down. | 2009-03-11 | ||
| PAST TOP PICK | Celestica Inc | CLS-T | 3.590 | (A Top Pick April 8/08. Down 47.3%.) Down 27% at Jan 28 sell point. Ranks neutral. New management is doing a good job. | 2009-03-11 | ||
| HOLD | Route 1 Inc. | ROI-X | 0.040 | Device that allows you to reach into the Internet. Can be used for homeland security in the US. Very good product but have always suffered from lack of distribution. | 2009-03-11 | ||
| Comment | Active Control Technology | ACT-X | 0.195 | Mine safety equipment to locate miners. Just announced a partnership. Some legislation is working to their benefit. Think they will do well over the coming year to year and a half. | 2009-03-11 | ||
| DON'T BUY | Gennum | GND-T | 3.650 | $1 per share in cash and no debt. Earnings are expected to have a gigantic haircut in 2009. Electronics sales are declining. | 2009-03-11 | ||
| BUY | International Datacasting Corp. | IDC-T | 0.315 | Involved in the conversion of cinemas over to digital, and more importantly cinemas converting over to 3-D. Eliminates need of delivering reels to theatres. Lumpy sales. Good opportunity for them in the next 12 to 24 months. | 2009-03-11 | ||
| DON'T BUY | Sierra Wireless | SW-T | 3.750 | Roughly in the third bottom of his database. While they have a lot of cash, there is increasing competition from China. Analysts have chopped earnings estimates by 80%. Earnings are expected to go from $1.56 to $.22. | 2009-03-11 | ||
| HOLD | Open Text | OTC-T | 39.820 | In the top 25% of his database. Earnings are expected to grow by about 15% for the June/10 calendar year. Wouldn't be in any rush to Buy with the current market conditions. | 2009-03-11 | ||
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| DON'T BUY | JDS Uniphase (US) | JDSU-Q | 2.600 | In the bottom 15% to 20% of his database. PE is 19X’s. ROE is forecast at a modest 6%. Most recent earnings were down 41% compared to the same quarter of the previous year. Forecast to lose $.03 in the coming quarter. | 2009-03-11 |
