Veronika Hirsch being interviewed about her past picks Petrobank, Hanfeng Evergreen, and Detour Gold on February 5, 2009
About Veronika Hirsch
Ms. Veronika Hirsch is the Chief Investment Officer and Portfolio Manager at BluMont Capital Corporation. She serves as Chief Investment Officer and Director at Blumont Capital Inc., a subsidiary of Integrated Asset Management Corp. and a Manager of Blumont Strategic Partners Hedge Fund. She has over 25 years experience managing successful Canadian equity portfolios. Ms. Hirsch is also a Portfolio Manager at BluMont Hirsch Performance Fund, BluMont Hirsch Long/Short ... Fund, BluMont Hirsch Performance Fund, and BluMont Canadian Fund. She also serves as the primary Portfolio Manager of the BluMont Canadian Opportunities Fund and one of the sub-advisors for the BluMont Strategic Partners Hedge Fund. Ms. Hirsch is a Founder of IIMI and a co-founder of IAMC. Prior to founding IIMI, she served as a Vice President and Portfolio Manager of AGF Management Limited. Ms. Hirsch served as a Portfolio Manager at Fidelity Management and Research Co. She began her career in the investment industry as a portfolio Trader with Prudential Insurance Co. of America, where she subsequently became a Vice President and Portfolio Manager. Ms. Hirsch earned a B.Comm degree.
She does not make sense!
Date: 03.07.09 Posted by: peter
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replySo, Ms. Hirsch, you would buy HF! But, instead, you are going to go with a big cap name like Agrium or Potash! Why? Because Argentina, the USA, and Chile are a growing economy? Aren't those economies in a recession? So, you are going to run away from a company that has nearly doubles Q4 profit compared with a year ago expending its operation in an economy that is running at an 8% growth? ? Does the Canadian economy have an 8% growth? Agrium has -1,135.00 (that's negative 1 million) in cash! Meaning it has no cash! Hangfeng has 8 million in cash (that is positive millions) ) as of Q3 and likely more after this quarter. BTW, check the growth in the stock for HF Versus AG! What growth for AG? Where? Agrium has retail segments in Argentina, USA, and Chile! I wonder how well those economies are going, Ms. Hirsch? BTW, HF's q3 profits matched its yearly profit of 2007. AG got a yearly profit of 440 million, but in this latest quarter got 1/3 of that! It seems HF is growing and AG might be in trouble, Ms. Hirsch! I disagree with your analysis!
Re: She does not make sense!
Date: 03.07.09 Posted by: Jim Raymond
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I'll put my money on China in the long run over Argentina or Chile. For big gains, Hanfeng definitely has more potential then Agrium. There is still a big possibility of a takeover of Hanfeng by either Agrium (which already owns much of Hanfeng) or Potash. Both these companies said last year that they will be looking to target companies to acquire despite market conditions. I think hanfeng would be a prime target