| Break Out Stocks Q1 2005 Review |
Once again we are conducting our quarterly review and re-evaluating the stocks on our Watched List to see if we want to keep following them.
We sometimes err in our recommendations and sometimes circumstances change and a stock that had been behaving well starts to head south.
We're also looking for ways to improve our selection and culling criteria and you'll find a review of our previous paring jobs elsewhere. For this effort we are following much the same plan, dropping stocks that meet all three of the following three criteria:
And we are dropping any stocks we've had for over a year that have failed to grow by 25% or have had for two years and have failed to grow by 50%. We are making exceptions for stocks that are in a current up trend or are growing earnings.
The table below gives the complete picture. We are dropping four stocks that we believe have either run their course or are going nowhere. They are Cott Corporation, Zenon Environmental, Coolbrands International and QLT Inc. There are a few that are just marginal keepers in our list but we're not ready to write them off yet.
It should be noted, of course, that we are dropping them from our Watched List doesn't necessarily mean they are poor stocks. We've dropped stocks before only to see them catch fire and soar subsequently. It just means that I no longer consider the upside odds very good. I may add one or more back in at a later date.
Note: T = turnaround from loss to profit, L means the company had a loss in the most recent quarter, * means quarterly earnings per share not available.
|
Name |
Symbol |
Date Featured |
Price Then |
Change Q1 |
Change Since Profiled |
Mar. RS Change | Recent Trend | QEPS Change | Status |
|
Home Capital Group |
HCG |
Nov. 20/00 |
$3.00 |
7.78% |
1022.67% |
-3.27 | h | +40.0% | Keep |
|
Peyto Energy Trust |
PEY.UN |
Feb. 22/02 |
$5.15 |
8.09% |
903.88% |
-1.09 | h | L | Keep |
|
Alimentation Couche-Tard |
ATD.SV.B |
Dec. 4/00 |
$2.88 |
-1.13% |
510.43% |
+0.94 | g | +400.0% | Keep |
|
Reitmans (Canada) |
RET.A |
July 6/01 |
$5.07 |
-3.85% |
442.41% |
+1.05 | i | +105.9% | Keep |
|
TransForce Income Fund |
TIF.UN |
Jan. 18/02 |
$3.11 |
6.70% |
422.51% |
-1.04 | h | +59.1% | Keep |
|
Zargon Oil & Gas |
ZAR.UN |
Jan. 29/01 |
$4.70 |
2.94% |
422.34% |
-3.06 | h | +54.5% | Keep |
|
Contrans Income Fund |
CSS.UN |
Oct. 12/01 |
$3.63 |
13.90% |
340.22% |
+4.03 | h | +175.0% | Keep |
|
SNC-Lavalin Group |
SNC |
Mar. 23/01 |
$16.25 |
20.50% |
330.09% |
+6.68 | h | +57.9% | Keep |
|
Canada Bread Co. |
CBY |
May 18/01 |
$13.00 |
16.53% |
321.31% |
+0.14 | h | +63.0% | Keep |
|
Richelieu Hardware |
RCH |
Dec. 4/00 |
$7.00 |
13.79% |
257.14% |
new | h | +16.7% | Keep |
|
Stantec Inc. |
STN |
Apr. 20/01 |
$8.25 |
10.27% |
253.94% |
off list | h | +51.5% | Keep |
|
Calian Technologies |
CTY |
Oct. 1/02 |
$3.85 |
-9.95% |
250.39% |
off list | i | -10.0% | Keep |
|
Melcor Developments |
MRD |
Mar. 2/01 |
$20.30 |
25.98% |
216.50% |
+3.84 | h | +60.4% | Keep |
|
Niko Resources |
NKO |
Nov. 17/02 |
$22.20 |
23.72% |
181.26% |
-0.55 | h | +166.7% | Keep |
|
CCS Income Trust |
CCR.UN |
May 18/03 |
$10.15 |
26.61% |
174.13% |
+3.39 | h | +135.0% | Keep |
|
CML Healthcare Income Fund |
CLC.UN |
Apr. 12/02 |
$5.85 |
1.87% |
132.48% |
off list | g | +133.3% | Keep |
|
AlarmForce |
AF |
Sept. 21/03 |
$1.92 |
25.35% |
131.77% |
new | h | +9.1% | Keep |
|
Goldcorp Inc. |
G |
May 25/01 |
$7.83 |
-4.54% |
120.18% |
off list | i | +8.3% | Keep |
|
Trican Well Service |
TCW |
Apr. 18/04 |
$36.49 |
17.29% |
113.76% |
-0.22 | h | +70.7% | Keep |
|
BMTC Group |
GBT.SV.A |
Aug. 20/02 |
$6.98 |
10.55% |
101.29% |
new | h | -24.3% | Keep |
|
Finning International |
FTT |
May 11/01 |
$16.40 |
-6.03% |
100.49% |
off list | i | -36.1% | Keep |
|
Fortis Inc. |
FTS |
Mar. 16/01 |
$38.00 |
2.73% |
87.89% |
off list | g | +2.4% | Keep |
|
RONA Inc. |
RON |
Nov. 16/03 |
$12.78 |
15.93% |
85.13% |
+0.99 | h | +40.5% | Keep |
|
Chartwell Technology |
CWH |
Dec. 17/04 |
$5.60 |
30.60% |
56.25% |
-1.09 | h | +166.7% | Keep |
|
Cameco Corp. |
CCO |
Nov. 19/04 |
$36.87 |
27.70% |
45.29% |
-0.58 | h | +5.0% | Keep |
|
ZCL Composites |
ZCL |
June 20/04 |
$2.05 |
-13.16% |
44.88% |
-0.37 | i | -16.7% | Keep |
|
Cott Corp. |
BCB |
July 27/01 |
$20.50 |
-0.98% |
43.37% |
off list | g | -30.4% | Drop |
|
GSW Inc. |
GSW.SV.B |
May 16/04 |
$34.73 |
8.33% |
40.37% |
-0.24 | h | +13.1% | Keep |
|
TSX Group |
X |
Jan. 18/04 |
$45.00 |
16.69% |
39.22% |
new | h | +2.53% | Keep |
|
Steepleback Industrial Group |
SID |
Jan. 18/04 |
$2.95 |
0.25% |
35.59% |
off list | g | -86.7% | Keep |
|
Pason Systems |
PSI |
May 16/04 |
$30.00 |
2.30% |
26.17% |
-5.05 | g | +41.9% | Keep |
|
Falconbridge Ltd. |
FL |
Mar. 14/04 |
$34.75 |
39.55% |
24.89% |
new | h | +109.8% | Keep |
|
Ketch Resources Trust |
KER.UN |
July 18/04 |
$10.96 |
-22.26% |
20.44% |
off list | i | +44.4% | Keep |
|
BlackRock Ventures |
BVI |
Jan. 16/05 |
$8.92 |
18.39% |
18.39% |
-0.11 | h | +100.0% | Keep |
|
Mad Catz Interactive |
MCZ |
Feb. 20/05 |
$1.72 |
15.70% |
15.70% |
+5.28 | h | +133.3% | Keep |
|
Sherritt International |
S |
Nov. 19/04 |
$8.66 |
-0.40% |
14.32% |
-0.80 | g | -6.7% | Keep |
|
Killam Properties |
KMP |
Jan. 18/04 |
$2.36 |
29.76% |
12.71% |
+0.95 | h | T | Keep |
|
CIBC |
CM |
Feb. 15/04 |
$66.15 |
1.56% |
10.90% |
off list | g | +26.0% | Keep |
|
Big Rock Brewery Income Trust |
BR.UN |
Oct. 15/04 |
$16.05 |
-1.94% |
9.97% |
-4.01 | g | +0.0% | Keep |
|
easyhome |
EH |
Dec. 17/04 |
$19.40 |
11.32% |
9.02% |
-2.56 | h | -16.7% | Keep |
|
Centurion Energy |
CUX |
Jan. 16/05 |
$14.45 |
6.57% |
6.57% |
+0.05 | h | +0.0% | Keep |
|
Ainsworth Lumber Co. |
ANS |
Aug. 15/04 |
$30.40 |
30.24% |
6.25% |
-9.19 | h | +29.1% | Keep |
|
Draxis Health |
DAX |
Feb. 15/04 |
$6.05 |
5.03% |
3.47% |
off list | h | +31.7% | Keep |
|
Kingsway Financial Services |
KFS |
July 20/03 |
$18.60 |
-1.63% |
0.48% |
-3.01 | g | +100.0% | Keep |
|
Great Canadian Gaming |
GCD |
Mar. 20/05 |
$48.30 |
-0.31% |
-0.31% |
-0.13 | h | +580.0% | Keep |
|
Cinram |
CRW |
Aug. 17/03 |
$25.83 |
16.00% |
-0.62% |
off list | h | +46.3% | Keep |
|
Xceed Mortgage Corporation |
XMC |
Jan. 16/05 |
$5.05 |
-0.99% |
-0.99% |
off list | g | -8.3% | Keep |
|
Savannah Energy Services |
SVY |
Feb. 20/05 |
$19.35 |
-1.71% |
-1.71% |
+0.26 | h | +115.4% | Keep |
|
Research In Motion |
RIM |
Sept. 19/04 |
$94.82 |
-6.14% |
-2.23% |
+10.90 | i | L | Keep |
|
Zenon Environmental |
ZEN |
Mar. 14/04 |
$21.55 |
-10.49% |
-2.60% |
off list | i | -4.8% | Drop |
|
Calfrac Well Services |
CFW |
Mar. 20/05 |
$36.75 |
-11.32% |
-11.32% |
new | h | +70.7% | Keep |
|
CoolBrands International |
COB.A |
June 15/03 |
$10.25 |
-1.86% |
-12.68% |
off list | g | -44.4% | Drop |
|
Westjet Airlines |
WJA |
Jan. 18/04 |
$20.97 |
30.53% |
-25.37% |
off list | h | L | Keep |
|
Axcan Pharma |
AXP |
June 20/04 |
$27.43 |
-12.46% |
-25.70% |
off list | i | -23.8% | Keep |
|
QLT Inc. |
QLT |
Jan. 18/04 |
$22.56 |
-19.45% |
-31.34% |
off list | i | L | Drop |
|
Aggregate Change |
410.45% |
7291.60% | |||||||
|
Average Change |
7.46% |
132.57% |
Dropped (with YTD and Total Gain in brackets) are Cott Corporation (-0.98%, +43.37%), Zenon Environmental (-10.49%, -2.60%), Coolbrands International (-1.68%, -12.68%), QLT Inc. (-19.45%, -31.34%)
The information in this table was derived using the Portfolio Tracking feature at globeinvestor.com