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Investment Q&A

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

Q: Season's Greetings to all ay 5i,
There seems to be negative news for WTE with Teck moving to contract CN into Neptune Terminals. I'm a little confused about this. There is only a finite amount of commodities than can go thru the inner harbour of Vancouver. CN/CP only have so much rail capacity as well and if CN will be moving 10M tonnes of coal into Neptune it will be at the expense of other commodities/products. There is also a New Grain Terminal coming on line soon that will demand 4-6M tonnes of product to be delivered (by CN) and shipped. The port has been congested for years and I know from my 40 years experience working in the port that further vessel traffic will be limited.
Grain, as you know is regulated, so that becomes an issue for CN in that they will face huge backlash from farmers if grain doesn't get moved. My question is;
Is this a play to get better pricing from WTE by Teck?
Do you think that investing in WTE at current levels is a solid long term play?

Thank you
Read Answer Asked by Rudy on December 24, 2019
Q: Could you please give me your opinion on holding or selling these companies.
Thank you.
Read Answer Asked by David on December 09, 2016
Q: Westshore Terminals, in the recent report, increased its guidance for full year 2016 coal shipments to 26 mm tonnes, towards the high end of 25.5-26 mm tonnes. Also US producers of thermal coal like Cloud Peak and Light House resources have recently announced resumption or additional volumes of coal shipments starting in Nov, 2016.Cash Flow has been strong. It is also public that Jim Pattison has been aggressively increasing its stake in the company as recent as Oct/2016.
It is also known that Westshore Terminal owns this remarkable long life asset which is very hard to replace or replicate.
I know that stock has seen a meteoric comeback from its lows. But, if I wish to own a company in material sector with lower volatility and decent income, with some growth potential, would WTE meet your criterion, Today? Thanks a lot for your valued advice.
Read Answer Asked by rajeev on November 07, 2016