skip to content
  1. Home
  2. >
  3. Investment Q&A
You can view 3 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Hi,

I know you mentioned Teck wasn't quite a buy yet back in December, but the stock has since been cut in half (again). Do you think it's a buy for the riskier part of a portfolio given it's strong near term liquidity, debt maturity profile (2017 onwards) and ability to raise cash via asset sales if it must.

The share price fall seems a bit overdone at these levels, but welcome your views.
Read Answer Asked by Sasha on January 12, 2016
Q: For those holding TCK.B and waiting for a recovery in commodity prices, do you feel the outlook for continuing to hold TCK.B improved when considering the 2015 Q3 report? They seem to be making good moves with debt reduction via the new revenues from the streaming agreements, and also focusing on cost cutting. Thanks.
Read Answer Asked by Robert on October 29, 2015
Q: hi,
Could you please tell me how you feel about Teck Resources?
I'm down 47% and it represents 2.5% of my holdings (was 5%). It is the only "metals & coal" exposure I have.
I got out at $5 in 08/09n and painfully watched it get back to $60.
Do I just hold it and hope for a turnaround in the metals/coal sector?
Thanks

Read Answer Asked by Carlo on July 07, 2015
Q: Teck Resources seems to be hitting lows not seen since 2009 recently. The coal and base metal industries are definitely in a slump, but the products remain necessary and TCK still seems able to generate a reasonable profit. What is your opinion on buying shares of TCK.B as a long term (multi-year) hold for capital gains and the dividend? If TCK.B is not recommended do you have a better stock to recommend in the same industry group?
Read Answer Asked by Irwin and Karyle on June 19, 2015
Q: Hi Peter. I sold 300 shares of Teck yesterday and was planning on buying them back today but Andy Bell said this morning that the trades made during the halt would be undone. My trade was late in the day. 12:30ish in BC. How will I know if my trade is being undone and when will I know? Thanks for any info.
Read Answer Asked by John on March 31, 2015
Q: Tech is in free fall, but is the price drop warranted? There are three main commodities but nothing is really new: 1. Copper has been range bound, is currently on the low side, the strike at one mine hasn't effected operations, and a slow world economy is unchanged, 2. Zinc is fine, 3. Met coal is under pressure but that too is not new (management believes that excess supply is being worked off but will take some time).

Which leaves Energy, meaning the Fort Hills oil sands project. This does not start to produce until 2-3 years out and the capex remaining appears to be available. It's maybe a $3B project which is not excessive given Teck's size. The main partner is SU (safe).

On a price book it looks very cheap (below 0.5). Management believes liquidity and capital are strong. Also, it weathered 2008-09.

So why the free fall? At what price does it become a buy?

Thanks, Mike

Read Answer Asked by Michael on December 12, 2014
Q: Today I checked out INK insider selling/buying reports on all 40 or so stocks I hold, a very conservative diversified across all sectors mix of mostly dividend growing and paying US and canadian stocks. INK indicates almost all of my positions have net insider selling except TCK.B. which has small net insider buying. I have never done this exercise before. How useful do you find insider buying/ selling info. Is this perhaps an indication the market is frothy and perhaps we should be selling some portion of our positions and not buying? Teck as a long term hold does look pretty good right now, would you buy?
Thanks Manfred

Read Answer Asked by MANFRED on October 07, 2014
Looking for more? Sign up for a FREE 14 day trial! No credit card required

We invite you to sign up for a 14 day free trial of 5i Research!
Experience all the benefits and tools we have to offer; stock research, model portfolios, Q&A with our experts, and so much more. Join a community of like-minded investors today!