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Teck Resources Ltd. (B) Stock Symbol: TCK.B-T

Notes:zinc

Last Price Recorded: $21.2100 on 2014-09-30 20:40:06

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Date Signal Expert Opinion Price
2014-09-29 HOLD Norman Levine

A lot of insider buying recently.  It has not been a winner for him yet.  He was attracted because the balance sheet seemed pretty stable and the dividend safe.  Their main products longer term were positive.  In the near term commodities seem to be going down as the US$ goes up.


Price:
$21.080
Subject:
NORTH AMERICAN - LARGE
Bias:
BEARISH
Owned:
Yes
2014-09-23 WATCH Ross Healy

This is probably one of the finest resource/resource companies from a management and spread of resources point of view. The stock is very cheap. If the market rotation carries on, as he expects along with global expansion, he thinks this will pick up. His minimum price target on his FMV calculation is $40, but that is against the background of steadily falling earnings. Doesn’t see a lot of downside risk in the meantime, but would like to see some resource price strength, which he thinks we will get.


Price:
$21.970
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Unknown
2014-09-23 HOLD Rick Stuchberry

Just recently bought this one. The US$ went on a bit of a rout here and really hurt the materials. As well, the China sentiment got more and more negative. Feels people have gone too negative and stocks were oversold. Thinks this is a stock that will get back.


Price:
$21.970
Subject:
CANADIAN LARGE & ADRs
Bias:
BULLISH
Owned:
Yes
2014-09-18 TOP PICK Nick Majendie

Coal has been under pressure lately, but he expects it is bottoming.  Don’t look for anything dramatic for a couple of quarters.  Copper is also bottoming out and zinc looks pretty good.  When Fort Hills comes on line you will see an increase in value.


Price:
$23.290
Subject:
CANADIAN LARGE
Bias:
SELECTIVE
Owned:
Yes
2014-09-16 WAIT Gavin Graham

A cheaper alternative would be Sherritt (S-T). You want a diversified metal/mineral conglomerate and this is probably the best bet in terms of its size and management. Like all resource stocks, it has been a very uninspiring performer over the last year. The Chinese credit squeeze has definitely hit the prices of most of the base metals. Not the time to be buying unless you are feeling more enthusiastic about the outlook for Chinese domestic growth and its recovery.


Price:
$23.680
Subject:
GLOBAL
Bias:
CAUTIOUS
Owned:
Unknown
2014-09-15 COMMENT Jon Vialoux

Seasonal tendencies on this, throughout the year, are rather sporadic. There is not a positive tendency for any particular month except for December. December tends to produce an average gain of about 8% and is positive about 90% of the time in the past 20 years. He can’t see too much positive about the chart.


Price:
$23.340
Subject:
TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias:
UNKNOWN
Owned:
Unknown
2014-09-09 PARTIAL BUY Christine Poole

At this price level, you can start building a position. Met coal has been going down, but they are at levels now where a lot of producers are not making money so there is production curtailment. Longer-term, she is positive on copper. Zinc has been in a surplus position for a number of years, but over the next couple of years we are going to start seeing it going into a deficit position. She does like the underlying commodities. Very strong balance sheet. You can probably start picking at this one.


Price:
$23.970
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2014-09-03 COMMENT Philippe Capelle

Roughly half of their production is base metals, zinc and copper, which are doing well. The other half is the met coal, which has been a difficult environment. There has been a lot of supply in coal so prices have been very weak. If you are willing to believe that producers will show some discipline and start cutting production, there should be recovery on the pricing side. Their coal quality is good. Have ventured into the oil sands, which he is not terribly comfortable with. He only owns a small stake.


Price:
$24.360
Subject:
CANADIAN LARGE (RESOURCE)
Bias:
BULLISH on ENERGY
Owned:
Yes
2014-08-28 BUY Darren Sissons

Thinks the story on China is that it will continue to grow.  He likes this one.  It has not been taken out because of the dual class share structure.  He thinks you are seeing the light at the end of the tunnel on this one.  We need to see a bit better of a global economy.  This is a longer term story.


Price:
$24.670
Subject:
GLOBAL LARGE
Bias:
BULLISH
Owned:
Unknown
2014-08-22 COMMENT Jeff Young

Thinks this company will have its day again. These types of companies peaked in 2011 and then came down hard. As the recovery continues, and it picks up steam at some point in time, we will have a late cycle push which is when your commodity stocks start to do better. There is talk of an interest rate cut in China on one side, and on the other side you are seeing reductions of capacity in a lot of these industries, where high-cost producers are not able to keep these things going anymore. A little bit of holding is not bad here.


Price:
$25.090
Subject:
CANADIAN DIVIDEND
Bias:
BULLISH
Owned:
Yes
2014-08-20 HOLD Veronika Hirsch

On the Canadian scene, this has been suffering more than others because a large percentage of their sales is in coal, which has been under pressure. She would assume that the coal price has bottomed. Realize that the resource sector, especially mining, is generally a late cycle sector. As we are getting towards the late cycle, you are probably okay to own this, but please don’t forget to Sell when you are at the top of the cycle.


Price:
$25.500
Subject:
CANADIAN & ALTERNATIVE
Bias:
OPTIMISTIC
Owned:
Unknown
2014-08-18 SELL Lorne Steinberg

He is not crazy about dual class share companies. However, his view on the metals markets in general is somewhat bearish. He is looking for lower metal prices. If you want to own a company like this, there will be a better entry price.


Price:
$25.150
Subject:
DIVIDEND STOCKS
Bias:
CAUTIOUS
Owned:
No
2014-08-15 COMMENT Brian Acker, CA

Closed at $25.09 and his model price is $30.58, a 21% upside. This stock has been struggling and has been basing here. It can’t get above his EBV -1 level. Deflation is happening all over the world. He thinks the stock will go to EBV -3, which is in the $20 area.


Price:
$25.040
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US MARKET
Owned:
Unknown
2014-08-14 COMMENT Paul Harris, CFA

BHP Billiton (BHP-N) or Teck Resources (TCK.B-T) for a long-term dividend/value investor? These trade on similar multiples. However this is very much levered to China because it has got metallurgical coal which is used in manufacturing steel. Copper and coal are there 2 big things, so if you think things in China are levelling off, this would not be as great a play.


Price:
$25.090
Subject:
NORTH AMERICAN - LARGE & GLOBAL EQUITIES
Bias:
BULLISH
Owned:
No
2014-08-13 DON'T BUY John Wilson

Coal has been the big issue from his standpoint. China is a big driver for the demand for coal. There has been a lot of uncertainty. It was just a question of how much China was going to slow, which has been cooler than expected. He is not a big believer in the base metal and coal trade this year. He would like to see better signs that demand in China is picking up.


Price:
$25.090
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
Showing 1 to 15 of 1,177 entries
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