Summer Sale

50% off Premium Yearly

00days
00hrs
00mins
00secs

TSE:WTE

Westshore Terminals Inc. (WTE.TO)

38.76
-0.21 (0.54%)
as of Jun 19, 2026, 8:00:00 pm Market Open.
111 watching
0
COMMENT
A coal-handling terminal. Right now, its throughput is at the lower end of the range so your 4th and 1st quarter numbers are not going to be as positive. Has a fabulous balance sheet and is very well managed.
HOLD
Fording Coal (FDG.UN-T) had guided lower in the production of coal to China who built up their inventories and are not taking as many shipments. This company is being impacted by that. Yield is quite attractive.
BUY
A volume story based on the amount of coal shipped out of its terminals. Volume has dropped. Expect to see substantial growth in earnings when coal prices rise and volume goes up. In the meantime, you get 11% yield.
BUY
Fell in price over the last 2 weeks because of less volume in coal shipments next year from Fording (FDG.UN-T). Not a major concern. Good price.
HOLD
A good way to play the metallurgical coal without having direct exposure to the commodity. They have an external contract management that investors have looked at with a little bit of dismay because of the fees. Good management team. Payout ratio is about 90%. Doesn't see distributions going up. A good core holding.
BUY
Constructive on metalurgical coal going into 2006/2007. Good place to be in a rising interest rate environment. There is some upside to the story as they are looking to do a tax reorginization which could result in more distributable cash. Also looking to expand to help clear some of the bottle necks.
BUY
Operates largest coal loading facility on the N.A. west coast. Last quarter took a currency hedge loss. Also, last year showed a large profit from their Fording Coal (FDG.UN-T) holdings, so the comparison was a problem. Actually, tonnage and profitability is increasing. Still likes it. Note: Management's percentage of ABITDA increases.
BUY
Has been driven by high metalurgical coal prices. Distribution will be sustainable. Outlook is positive.
DON'T BUY
Coal is a very cyclical business and they play that sector through this trust. Expect coal to be very volatile. This trust is getting a little excessive in terms of valuation, so have started taking some profits in the last few weeks.
HOLD
Most of the run up in the stock price is predicated on the significant increase of metalurgical coal prices ($125US). We are potentially at a peak in coal prices and could stay at this level for the next year or two and then will drop to a more sustainable level ($60/70Probably near its top here.US). That would be a good time to take some profits.
SELL
Take profits. Could be top of the coal cycle.
BUY
Has been a winner in the Asian demand for metalurgical coal play. Benefits by both greater throughput in their terminals and, as well, the tolls that it charges are tied, to a degree, to the price of coal.
WEAK BUY
Have recently renegotiated their contracts and revenue is now linked to Canadian realized coal prices for Fording, their major shipper. Coal prices have just been announced and are double over 2004. A lot of upside and a lot has been priced into this fund. Thinks prices will stay fairly strong.
BUY
Key drivers are the high spot price on coal and expectations that coal prices will go higher. Expect they will be able to put through some tonnage increases in 2005.
HOLD
A reasonable distribution for next year would probably be around $1.20/1.25 which is a substantial increase from what they have been paying for the last 4/5 years. Volumes and coal prices will be going up.
Showing 196 to 210 of 229 entries