Westshore Terminals Inc. (WTE.TO)

Had a bad accident where a freighter came in and took out the end of a loading dock. They pay a reasonable dividend. It’s a good business to be in. 4.6% yield.

The trouble they were having in birth 1 is largely on the road to being repaired. The other problems will be repaired over the next quarter. People like the yield of about 5.5%. It looks expensive on a multiple basis but we should see some appreciation over time.

Chart shows that it is in a sideways pattern so he would think it is dead money. Doesn’t see any real growth. Momentum is dropping and it seems to be turning negative.

(A Top Pick Feb 16/12. Up 21.83%.) Coal terminal linked facilities and gets a cut for everything they handle. You’ll see their capacity increase over time and they’ll be able to kick it back to shareholders in the form of higher dividends. Very attractive yield.

It had a nice trend until mid-2011, then it based for a while and then we broke out. If it came back into the $25.90 area he would be included to add to it if you were not overweight in it.

(A Top Pick Feb 16/12. Up 18.38%.)

(Market Call Minute.) Going through an upgrade right now but this is the last one they’ve got, in order to increase their capacity, without costing a lot of money.

The run up is positive. There was a $23-$25 range and then we get a nice upward trend. It is very encouraging. $26 stop, 100 day moving average. Very positive relative strength.

You have an advance through 2010, then sideways congestion to mid 2012 then an uptrend. This is very bullish and there is more upside as far as he is concerned.

This one wants to go higher. It’s in a business where there are higher barriers to entry. Chart shows and area of very bullish concentration and is moving higher.

Basically a tollbooth for coal on the West Coast. A fantastic asset because no one is going to build another large terminal like that. It’s a monopoly and can’t be duplicated. Well run. Buy on a pull back.

Handles all the coal shipments coming out of their BC terminals. Teck Resources (TCK.B-T) is planning on expanding their met coal production so Westshore is planning on expanding some of their facilities. A lot of the high-yield names have attracted capital and it is probably better to wait for this to pull back.

This is a name that he likes.

Coal handling facility and terminal. Coal volumes have come down dramatically. Huge movement from coal to gas in the US that has also impacted the rail names. He would buy sub-$24.

Not a stock that you can expect a lot of capital appreciation in. Have pricing power because they have unique attributes of their asset base. Dividend yield of 5%.