Viewing Company Teck Resources Ltd. (B) | StockChase
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Compiling comments that experts make about stocks while on public TV.

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

Notes:zinc

Last Price Recorded: $17.0100 on 2016-06-30

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Date Signal Expert Opinion Price
2016-06-30 WAIT Hap (Robert) Sneddon FCSI

The stock has been fantastic, but exceptionally volatile. Made a nice bottom in January below $5, and then had some pretty big moves. He would suggest you take something like a 3rd of what you want, and then game plan how you want to work the other two thirds. On a Relative Strength basis, it ranks really high. He would wait for a big down day. The one thing we get in the summer is low volumes. There is always lots of volatility in July and August.


Price:
$17.010
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
Unknown
2016-06-27 SELL Larry Berman CFA, CMT, CTA

For years analysts, including him, have been negative on this. A long-term chart shows lower lows and lower highs. Now something is changing. Is this because of demand coming back for copper, etc., or a simply short-covering on a relief trade? He is more on the side of short-covering on a relief trade than new demand. For the next few years it probably bounces back and forth between $6-$10 on the low end and the recent highs. He doesn’t like it here, and would be a seller, and buy it back on a dip.


Price:
$14.910
Subject:
NORTH AMERICAN & ETFs
Bias:
CAUTIOUS
Owned:
No
2016-06-27 BUY on WEAKNESS Gerard Ferguson

(Market Call Minute.) This is discounting a very strong improvement in copper and in coal prices. Thinks it has run a little further than it should have, so he would wait for a pullback.


Price:
$14.910
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Unknown
2016-06-23 SELL Brian Acker, CA

This went from $3.85 to the current price of $16+. He had been waiting for them to do some write offs. They did a very small one. The stocks are high volatile situations that people seem to be betting on, as opposed to fundamentals. If something should happen to China, this signals all the way back to $3 again.


Price:
$16.310
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US$
Owned:
Unknown
2016-06-09 HOLD Douglas Kee

Sold his holdings at about $14. The company is going to survive. They’ve cut costs, cut CapX and are in the midst of redoing their balance sheet, pushing the term of their debt portfolio out. They are doing all the right things, but all we need is a synchronized global recovery. If you own, he would continue to Hold, but wouldn’t be chasing it.


Price:
$15.160
Subject:
CANADIAN DIVIDEND
Bias:
CAUTIOUS
Owned:
No
2016-06-06 COMMENT Barry Schwartz

If you believe in commodities this is the one to be in.  But the balance sheet is lousy.


Price:
$14.870
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Unknown
2016-06-03 PAST TOP PICK Jason Mann

(A Top Pick July 7/15. Down 14.19%.) Short. Had been Short this from around Nov/14. It subsequently went quite a bit lower. He covered his Short at around $9-$10 in the fall.


Price:
$13.850
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
No
2016-06-01 HOLD Elliot Fishman

Likes this and has been talking it up a little. Believes it has quite a bit of upside, and just has to get through a couple of little areas and it will be on its way. He would continue to Hold, if not Buy more.


Price:
$12.600
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
Unknown
2016-05-31 COMMENT Dennis da Silva

Fairly underweight base metals in general. His issue with this company is that most of its leverage comes from metallurgical or coking coal. Steel markets might be depressed for another year. About 80% of its EBITDA might still be met coal, copper and even zinc. China is going to play the lion’s share of the move in respect to those commodities. His only positive near term view is on zinc, which could go from its current price of $0.85 to north of $1 probably by year end.


Price:
$12.610
Subject:
CANADIAN RESOURCES
Bias:
UNKNOWN
Owned:
No
2016-05-12 COMMENT Rick Rule

Hold or Sell? You are taking a lot of balance sheet risk with this company. Very high quality company and very high quality assets. In the copper and coal businesses, and neither of them will be looking good for 2 years. He owns some of the debt.


Price:
$12.470
Subject:
PRECIOUS METALS
Bias:
BULL on GOLD & SILVER
Owned:
Yes
2016-05-10 DON'T BUY Bill Harris, CFA

(Market Call Minute.) The valuation on the stock given bulk commodities, it is still at risk given China’s future.


Price:
$12.290
Subject:
RESOURCE & INFRASTRUCTURE
Bias:
UNKNOWN
Owned:
Unknown
2016-05-09 COMMENT Peter Brieger

Feels the current run is over for the time being. There are 3 key issues that people are worried about. The balance sheet, how they are going to get enough money to finish off the Fort Hills oil sands plant. Thinks they’re okay for this year and if they get tight for next year expects they will be looking at asset sales. There are no major debt repayments until out to 2019-2020. However, everything is on hold in terms of the mining of the Fort Hills is up and running.


Price:
$11.980
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUSLY OPTIMISTIC
Owned:
Yes
2016-05-06 COMMENT Peter Hodson

Everybody is buying this because of its metal exposure, and the potential for a metals recovery. It has $9 billion in net debt. The last quarter was interesting, because they actually made a profit and their costs went down 10%-15%. They are doing the right things. If there is a recovery in metals, their margins are going to expand dramatically because of lower costs. He would use caution.


Price:
$13.530
Subject:
CANADIAN SMALL & MIDCAPS
Bias:
CAUTIOUS
Owned:
Unknown
2016-05-03 SELL John O'Connell, CFA

This has gone from $4 to $15 in 4 months. Financially they are okay. There has been a huge amount of Short covering. He doesn’t understand why people are in a hurry to buy the stock. There hasn’t been a rebound in copper prices in any meaningful way. Coal prices are not that great. Have huge capital commitments they have to make to finish off their share of a large oil project out west, which doesn’t make any economic sense at these prices. If you own, he would Sell. He is actually Shorting this.


Price:
$14.380
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2016-05-02 SELL Norman Levine

It will go up and down in line with copper and other commodities.  It went down too far too fast.  It has come back up now too fast.  Sell it and wait for an opportunity lower.


Price:
$15.230
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
Showing 1 to 15 of 1,309 entries
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