| Break Out Stocks 2006 Q2 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 both 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. The only one we're dropping is BlackRock Ventures because it has been taken over by Shell Oil. Some are borderline calls but we opted to keep all the rest on our list. We could have dropped Le Chateau, but looking at its long term chart, its long term up trend is intact and we opted to keep it.
It should be noted, of course, that because 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 Q2 |
Change YTD |
Change Since Profiled |
Recent Trend | QEPS Change | Status |
|
Home Capital Group |
HCG |
Nov. 20/00 |
$3.00 |
-6.59% |
-6.19% |
986.67% |
g | -12.77% | Keep |
|
Peyto Energy Trust |
PEY.UN |
Feb. 22/02 |
$2.58 |
-9.51% |
-6.73% |
819.61% |
i | +14.29% | Keep |
|
Melcor Developments |
MRD |
Mar. 2/01 |
$2.03 |
-5.56% |
43.46% |
737.44% |
g | +155.56% | Keep |
|
Alimentation Couche-Tard |
ATD.B |
Dec. 4/00 |
$2.88 |
-5.55% |
2.52% |
734.43% |
i | -6.25% | Keep |
|
Reitmans (Canada) |
RET.A |
July 6/01 |
$2.53 |
0.50% |
16.75% |
690.12% |
g | +7.14% | Keep |
|
Zargon Oil & Gas |
ZAR.UN |
Jan. 29/01 |
$4.70 |
1.93% |
-3.69% |
550.64% |
g | +125.00% | Keep |
|
TransForce Income Fund |
TIF.UN |
Jan. 18/02 |
$3.02 |
-13.03% |
-0.64% |
461.26% |
i | +21.74% | Keep |
|
SNC-Lavalin Group |
SNC |
Mar. 23/01 |
$5.42 |
-7.87% |
15.53% |
442.07% |
g | +13.33% | Keep |
|
Stantec Inc. |
STN |
Apr. 20/01 |
$4.13 |
-2.20% |
6.16% |
411.52% |
i | +42.86% | Keep |
|
Canada Bread Co. |
CBY |
May 18/01 |
$13.00 |
8.14% |
5.85% |
380.38% |
h | +61.70% | Keep |
|
Goldcorp Inc. |
G |
May 25/01 |
$7.83 |
-1.52% |
29.92% |
329.76% |
h | +118.18% | Keep |
|
Trican Well Service |
TCW |
Apr. 18/04 |
$6.08 |
-16.24% |
-20.36% |
266.78% |
g | +73.02% | Keep |
|
CCS Income Fund |
CCR.UN |
May 18/03 |
$10.15 |
0.41% |
0.00% |
264.71% |
h | +49.09% | Keep |
|
Contrans Income Fund |
CSS.UN |
Oct. 12/01 |
$3.63 |
2.42% |
-9.67% |
249.86% |
h | +61.90% | Keep |
|
Richelieu Hardware |
RCH |
Dec. 4/00 |
$7.00 |
-1.46% |
-9.07% |
207.86% |
i | +15.63% | Keep |
|
Falconbridge Ltd. |
FAL |
Mar. 14/04 |
$19.63 |
43.87% |
70.43% |
199.54% |
g | +112.28% | Keep |
|
Niko Resources |
NKO |
Nov. 17/02 |
$22.20 |
6.85% |
14.16% |
183.96% |
g | L | Keep |
|
BlackRock Ventures |
BVI |
Jan. 16/05 |
$8.92 |
73.12% |
110.00% |
170.74% |
g | +200.00% | Drop |
|
BMTC Group |
GBT.A |
Aug. 20/02 |
$6.98 |
-4.21% |
13.75% |
160.93% |
g | -75.00% | Keep |
|
CML Healthcare Income Fund |
CLC.UN |
Apr. 12/02 |
$5.85 |
-0.41% |
1.04% |
148.72% |
g | +8.00% | Keep |
|
Steepleback Industrial Group |
SID |
Jan. 18/04 |
$2.95 |
-4.64% |
1.41% |
144.07% |
i | T | Keep |
|
ZCL Composites |
ZCL |
June 20/04 |
$2.05 |
33.33% |
31.93% |
143.90% |
g | +16.67% | Keep |
|
Cameco Corp. |
CCO |
Nov. 19/04 |
$18.44 |
5.88% |
20.53% |
141.23% |
h | +357.14% | Keep |
|
Fortis Inc. |
FTS |
Mar. 16/01 |
$9.50 |
-0.62% |
-8.16% |
134.63% |
i | -5.56% | Keep |
|
AlarmForce |
AF |
Sept. 21/03 |
$1.92 |
-3.30% |
11.39% |
129.17% |
g | +75.00% | Keep |
|
Finning International |
FTT |
May 11/01 |
$16.40 |
-3.63% |
0.16% |
126.83% |
i | +50.00% | Keep |
|
Pason Systems |
PSI |
May 16/04 |
$7.50 |
4.54% |
13.15% |
118.00% |
i | +60.78% | Keep |
|
Aur Resources |
AUR |
Oct. 16/05 |
$8.57 |
20.03% |
51.10% |
107.70% |
h | +37.14% | Keep |
|
TSX Group |
X |
Jan. 18/04 |
$22.50 |
-14.70% |
-4.33% |
99.11% |
g | +47.06% | Keep |
|
Garda World Security |
GW |
Aug. 21/05 |
$12.15 |
-6.23% |
45.30% |
80.82% |
i | +41.67% | Keep |
|
McCoy |
MCB |
May 15/05 |
$4.65 |
26.56% |
28.57% |
74.19% |
i | +140.00% | Keep |
|
La Senza |
LSZ |
April 17/05 |
$14.65 |
16.95% |
25.26% |
62.46% |
h | +130.77% | Keep |
|
RONA Inc. |
RON |
Nov. 16/03 |
$12.78 |
-10.05% |
-6.53% |
56.95% |
i | +16.67% | Keep |
|
Western Lakota Energy Services |
WLE |
July 17/05 |
$9.45 |
-18.33% |
-15.32% |
55.56% |
i | +143.75% | Keep |
|
Sino-Forest Corporation |
TRE |
Dec. 18/05 |
$4.40 |
-12.21% |
16.40% |
30.68% |
h | +16.67% | Keep |
|
Sherritt International |
S |
Nov. 19/04 |
$8.66 |
4.88% |
10.59% |
28.98% |
h | -4.76% | Keep |
|
Gildan Activewear |
GIL |
Sept. 18/05 |
$42.01 |
-4.44% |
5.58% |
25.66% |
h | +112.50% | Keep |
|
easyhome |
EH |
Dec. 17/04 |
$12.93 |
-0.61% |
2.85% |
25.65% |
g | +43.75% | Keep |
|
Xceed Mortgage Corporation |
XMC |
Jan. 16/05 |
$5.05 |
-34.47% |
-2.22% |
21.98% |
g | 0.00% | Keep |
|
Savannah Energy Services |
SVY |
Feb. 20/05 |
$19.35 |
-18.32% |
-20.03% |
18.19% |
i | +103.03% | Keep |
|
Stella-Jones Inc. |
SJ |
Feb. 19/06 |
$15.75 |
0.11% |
17.59% |
17.59% |
i | +126.67% | Keep |
|
Commercial Solutions |
CSA |
May 21/06 |
$7.09 |
16.36% |
16.36% |
16.36% |
h | +62.50% | Keep |
|
Teck Cominco |
TCK.B |
Dec. 18/05 |
$57.75 |
-10.86% |
7.95% |
15.98% |
h | +115.79% | Keep |
|
Ensign Energy Services |
ESI |
Nov. 20/05 |
$20.12 |
2.18% |
-2.22% |
14.02% |
i | +88.37% | Keep |
|
WFI Inc. |
WFI |
May 19/06 |
$16.80 |
13.10% |
13.10% |
13.10% |
h | +233.33% | Keep |
|
Foremost Income Fund |
FMO.UN |
June 16/06 |
$17.15 |
12.83% |
12.83% |
12.83% |
h | +134.78% | Keep |
|
Le Chateau |
CTU.A |
June 19/05 |
$39.06 |
-21.83% |
-8.36% |
12.57% |
i | -43.42% | Keep |
|
Big Rock Brewery Income Trust |
BR.UN |
Oct. 15/04 |
$16.05 |
3.74% |
-8.04% |
10.53% |
h | +5.88% | Keep |
|
Kingsway Financial Services |
KFS |
July 20/03 |
$18.60 |
-14.89% |
-14.17% |
8.44% |
i | -23.88% | Drop |
|
Pareto Corp. |
PTO |
Aug. 21/05 |
$1.13 |
-25.00% |
-12.41% |
6.19% |
i | 0.00% | Keep |
|
March Networks |
MN |
Nov. 20/05 |
$22.50 |
-30.98% |
-26.88% |
5.07% |
g | +770.00% | Keep |
|
GMP Capital Trust |
GMP.UN |
June 16/06 |
$22.50 |
4.58% |
4.58% |
4.58% |
h | +75.68% | Keep |
|
FirstService Corporation |
|