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Compiling comments that experts make about stocks while on public TV.

Potash Corp of Saskatchewan Stock Symbol: POT-T

Notes:potash

Last Price Recorded: $23.2700 on 2016-02-07

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Date Signal Expert Opinion Price
2016-01-28 WATCH Colin Stewart

They cut their dividend after a bad quarter.  People did not expect guidance to be so low for 2016.  They are dominant in the business.  There is a lot of bad news built into the price and after today’s negative announcements, the stock has climbed.  It is worth taking a look at.


Price:
$21.720
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
UNKNOWN
Owned:
Unknown
2016-01-20 COMMENT Douglas Kee

The Dividend yield of 9.4% is sustainable into the 2nd half of this year at least. The company says that potash prices would have to go to $200 or less for them to cut the dividend. They shut down their higher cost New Brunswick production.


Price:
$23.600
Subject:
CANADIAN DIVIDEND
Bias:
UNKNOWN
Owned:
Yes
2016-01-18 SELL John Wilson

They tried and failed with a takeover.  He struggles to see what turns this thing around.


Price:
$23.030
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2016-01-14 WAIT Stan Wong

Hasn’t looked at this for a while. He has zero exposure to material names, including fertilizers. Years ago this is a name that nobody could stop talking about. There has been a slowdown in terms of spending from farmers over the last couple of years. Until that changes, this company and other fertilizer companies are going to struggle. The stock is well below all the moving averages, and the moving averages are falling.


Price:
$23.300
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
No
2016-01-12 COMMENT Christine Poole

In the past they have indicated that their dividend was quite important. Then there was some posturing that maybe another use of capital is to cut the dividend and buybacks in the stock. Have indicated they can sustain their dividend as long as potash prices remain above $200 a metric ton. There is still a lot of room. Their CapX profile is declining over the next few years. However, we have all learned that when yields go through the 8%-9% threshold, markets start to question the validity of the dividend, and whether it makes sense.


Price:
$22.210
Subject:
NORTH AMERICAN - LARGE
Bias:
BULL on US EQUITIES
Owned:
Unknown
2016-01-12 COMMENT Lorne Steinberg

Has looked at this over the last several years, but has never stepped in. He is now looking at it with a $20 entry-level. A low cost producer and a free cash flow generator. Well-managed and it is in Canada. The price of potash is very tied to corn prices which have been weak. They run a great operation.


Price:
$22.210
Subject:
Deep Value Global Equities
Bias:
UNKNOWN
Owned:
No
2016-01-06 WATCH Rick Stuchberry

Had owned this for years, but is out of it now. Likes the fertilizer complex going forward. If we can just get some bids to come in. Not expensive and at some point you are going to see a turn. He would add at that time.


Price:
$22.750
Subject:
CANADIAN LARGE & ADRs
Bias:
CAUTIOUS ON US$
Owned:
No
2016-01-05 DON'T BUY David Baskin

Everyone went around opening potash mines and then demand fell.  It has fallen way down the list.  Once someone has built a mine and the supply from it, it does not go away.  So he feels there is a hard top on the resource price for 5 to 10 years. 


Price:
$23.630
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
2016-01-04 DON'T BUY Bruce Campbell (1)

He sold AGU-T last year and holds nothing in the group.  The payout ratio is high.  If he went back to the group he would go to AGU-T.  The market tells you there is a dividend cut coming.


Price:
$24.200
Subject:
CANADIAN LARGE
Bias:
CAUTIOUS
Owned:
No
2016-01-04 BUY John Zechner

He likes it in here.  There is a good chance they will cut the dividend, though, so be prepared to lose some capital.  But that aside, the growth story is fine.  It is 30% below where BHP bid for the company previously.  It is one of the few resources he is interested in.


Price:
$24.200
Subject:
NORTH AMERICAN - LARGE
Bias:
BEARISH
Owned:
Yes
2015-12-31 BUY on WEAKNESS Paul Harris, CFA

Has almost a 9% dividend yield and trading at about 11X earnings. They are the cheapest producer and control about 20% of the potash market globally. Also there are massive barriers to entrance to their business. Dynamics longer-term are pretty good. There are a couple of issues that may hurt the stock short term and give you a good buying opportunity. The Belarus potash company is going to massively increase their production capacity and drop prices. Also BHP has a mine that they were going to open up, but he doesn’t think they are going to be able to do that. Try to get it between $20 and $23.


Price:
$23.700
Subject:
NORTH AMERICAN/GLOBAL
Bias:
CAUTIOUS
Owned:
Unknown
2015-12-30 COMMENT Lyle Stein

The days of oligopolies are numbered. The potash cartel was broken up when the Russians went rogue. In the last year, the oil cartel decided to go rogue. You now have a situation where fundamentally there is a lot of capacity, but what price do you get. They can drive prices down to maintain market share, which explains the 8.4% dividend yield. Cash flow generation at current potash prices is still very, very good and they can pay that dividend. However, how much market share can they keep, particularly if others try to take their share. He holds this and is looking at buying more, but is looking for a little bit more stability and a little more certainty as to what the global behaviour is amongst the other major players.


Price:
$24.220
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Yes
2015-12-29 PAST TOP PICK Hap (Robert) Sneddon FCSI

(A Top Pick Jan 8/15. Down 40.02%.) Sold his holdings about a month ago. The long-term downtrend is continuing to abate. Saw some base building in October-November.


Price:
$24.500
Subject:
TECHNICAL ANALYSIS
Bias:
OPTIMISTIC
Owned:
No
2015-12-24 BUY Andy Nasr

He is looking at it.  It was expected their free cash flow would increase, but it declined with potash prices.  He thinks the dividend is safe.  It is an oligopoly, so they should be able to control the price, but the US$ and demand have prevented that.


Price:
$25.090
Subject:
NORTH AMERICAN DIVIDEND & REITs
Bias:
CAUTIOUS
Owned:
No
2015-12-18 SELL ON STRENGTH Keith Richards

Typically agricultural oriented stocks tend to be okay from now until March. Chart shows some negativity and it has broken a 2013 low, which is not too good. Everything is being hit right now with the December selloff, so you might not want to sell at this particular moment, but if the market rallies over the next 3 weeks or so, use that as an opportunity to get out of it.


Price:
$24.210
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
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