Small Investment Should Pay Off

TECK COMINCO LTD. $90 (Toronto symbol TCK.B; Conservative Growth Portfolio; Resources sector; SI Rating: Average) has agreed to acquire a 16% interest in Tahera Diamond Corp., which operates a diamond mine in Nunavut. Teck also received warrants, which, if exercised, would increase its stake to… Read More

Cautions & Greetings

This past year brought richly rewarding takeovers of several of our long-time favourites including Falconbridge, Inco, Fairmont and Sleeman. As a result, you may face a substantial capital-gains tax bill.

Before yielding to the year-end tax-loss selling urge, keep in mind that it’s always a mistake… Read More

Teck Plans to Focus on Smaller Takeovers

TECK COMINCO LTD. $86 (Toronto symbol TCK.B; Conservative Growth Portfolio, Resources sector; SI Rating: Average) is the world’s secondlargest supplier of zinc, behind Xstrata plc. Manufacturers add zinc to steel to prevent it from rusting. Zinc accounts for about a third of Teck’s profits.

The company… Read More

Inco Ltd. $85.50 – Toronto symbol N

INCO LTD. $85.50 (Toronto symbol N; Conservative Growth Portfolio; Resources sector; SI Rating: Average) is the world’s largest producer of nickel. It recently dropped a plan to merge with U.S.-based copper producer Phelps Dodge Corp.

It now seems likely that an $86.00-a-share all-cash offer from Brazilian… Read More

Two More Big Gains

Our focus on high-quality stocks attracts an above average number of takeover offers. Besides Falconbridge, two more of our long-time favourites are now the target of buyout offers:

INCO LTD. $85.50 (Toronto symbol N; Conservative Growth Portfolio; Resources sector; SI Rating: Average) is the world’s largest… Read More

TD Canadian Equity Fund $30.99

TD CANADIAN EQUITY FUND $30.99 (CWA Rating: Conservative) (TD Asset Management, P.O. Box 7500, Station A, Toronto, Ontario. M5W 1P9. 1-800-463-3863; Web site: www.tdcanadatrust.ca. No load — deal directly with the bank) uses a “bottom-up” approach (using fundamentals such as earnings, cash flow and low… Read More

5 Large-cap Canadian Bank-run Fund Buys

Here are five large funds run by each of Canada’s big-five banks. Each holds the kind of conservative, well-balanced portfolios of high quality stocks we like. All five have a high weighting in Financial services and Energy stocks. However, they stick with high-quality issues with… Read More

Our Everyday Reality Check

As you probably know, our Successful Investor business model has two parts. We publish investment advice through The Successful Investor Inc., and we manage investor portfolios through Successful Investor Wealth Management Inc. (These two companies are affiliated by common ownership; I own both but keep… Read More

Inco Bid Hurts Teck’s Near-term Outlook

TECK COMINCO LTD. $65 (Toronto symbol TEK.B (old symbol TEK.SV.B); Conservative Growth Portfolio, Resources sector; SI Rating: Average) has dropped around 15% since it launched a $17.8 billion cash-and-stock hostile takeover bid for Inco Ltd.

If successful, the purchase could increase the number of Teck class… Read More