Peter Katevatis

A purveyor of comfort in the complex world of investing, founded on experience and powered by foresight. Love all sports and self-proclaimed king of dad jokes

[Peter Katevatis @KatevatisWM]

What I enjoy most about being an Investment Advisor at @VentumFinancial

[Canada Proud @WeAreCanProud]

This will go down in history as one of the biggest political mistakes in Canadian history.

[Rob Shaw @RobShaw_BC]

BREAKING - @Conservative_BC has won a majority government in BC.
@Dave_Eby's snap election gamble appears to have failed in spectacular fashion.
First Conservative government elected since 1928-1933.

[Peter Katevatis @KatevatisWM]

Next week will be littered with earnings, multiple interest rate decisions, and then Halloween. Will the Great Pumpkin deliver toys to all the boys & girls of the Federal Reserve? Is their pumpkin patch sincere enough? We can keep you up to date https://t.co/Fr17bbBet1

[Conservative Party of BC @Conservative_BC]

Be part of the change. Vote Conservative. Let’s do this BC.

[Peter Katevatis @KatevatisWM]

Finally, lots of nutrition discussion around fiber and protein. So many fads but a balanced high quality diet can solve so many issues

[Peter Katevatis @KatevatisWM]

Great to hear the medical experts of Harrison Health help keep the clients of @VentumFinancial Living Well, Longer

[Peter Katevatis @KatevatisWM]

The physio talk includes proper movement but meeting the physical activity to help your bones and joints

[Peter Katevatis @KatevatisWM]

Some great comments about modern medical practices including the positive use of GLP-1 drugs and frequent scans to identify changes

[Peter Katevatis @KatevatisWM]

Solid earnings by steel maker $CLF yes the same company that bought Stelco and wants to shut the plant in Hamilton

[Wall St Engine @wallstengine]

CLEVELAND-CLIFFS $CLF Q3’26 EARNINGS HIGHLIGHTS

🔹 Revenue: $5.61B (Est. $5.72B) 🔴; vs $4.73B LY
🔹 EPS: $0.26 (Est. $0.19) 🟢; vs -$0.51 LY
🔹 Adj. EPS: $0.28; vs -$0.45 LY
🔹 Adj. EBITDA: $612M (Est. $594M) 🟢; vs $143M LY

FY27 Guide:
🔹 Adj. EBITDA: Exceed $4B

Q4 Guide:
🔹 Adj. EBITDA: ~$715M (Est. $665M) 🟢

Steelmaking Segment:
🔹 Steel Shipments: 4.2M net tons
🔹 Avg. Selling Price: $1,177/ton; vs $1,032 LY
🔹 Steelmaking Revenues: $5.45B; vs $4.56B LY
🔹 Gross Margin: $454M

Steelmaking Revenue Mix:
🔹 34% Distributors & Converters, $1.8B
🔹 28% Direct Automotive, $1.5B
🔹 28% Infrastructure & Manufacturing, $1.5B
🔹 10% Steel Producers, $532M

Other Q3 Metrics:
🔹 Operating Cash Flow: $224M
🔹 Liquidity: $3.2B

Key Updates:
🔹 Currency exchange: $4M loss
🔹 GAAP net income: $165M; adjusted net income $161M
🔹 Stelco galvanizing lines indefinitely idled; approximately 2,000 Canadian jobs preserved

Comments:
🔸 “Third quarter was our strongest quarter in three years, with adjusted EBITDA of $612 million, a number above the $575 million guidance we provided three months ago.”

🔸 “Based on the new contracts we have already signed with our clients and prevailing index price forecasts, we would expect our 2027 adjusted EBITDA to exceed $4 billion.”

[Peter Katevatis @KatevatisWM]

The BC Election is ending this week, live countdown timer https://t.co/zTE8C5aIda until the polls close #bcpoli

[Peter Katevatis @KatevatisWM]

Canada #inflation is still high and rising. Mostly due to oil and diesel prices spilling over into other components. I guess we need Alberta #StrongerTogether

[Angelo Isidorou @angeloisidorou]

This is shameful!

Watch this Surrey South BC NDP canvasser take Conservative literature from someone’s door, only to replace it with her own. I was just sent this.

This should be denounced, no matter which side it comes from.

[Fran Yanor @FranYanor]

Landowners in Richmond BC were blindsided by the Cowichan ruling. How could BC's top court strip private property protections? After slogging through 12 years of court submissions, testimony and rulings, the answer emerged, but it's not good news for British Columbians. My investigation for @BeatNorthern:
https://t.co/VABapwJ3Aw

[Rob Shaw @RobShaw_BC]

The @Dave_Eby cabinet approved the plan in July, put stakeholders under NDAs 12 days before early elxn call, then did not include any of the details for the public in its Foresty elxn plan to voters Wednesday.
Docs show a re-elected gov is prepping legislation for spring 2027.

[𝗔𝗦𝗜𝗦𝗠𝗘𝗧 @Asismet_IF]

#PANAMÁ: Terremoto de magnitud preliminar 7.7 interrumpe -en vivo- un programa deportivo en la ciudad de #Santiago 🇵🇦, a 60 km de distancia del epicentro.📍

Fuente: USGS.
Video: Deportes RPC.

[Peter Katevatis @KatevatisWM]

@estimatoradam They are put together by the Ventum Financial research team using LESG which is the London Stock Exchange Group after they bought Thomson One. I will email you the details

[Peter Katevatis @KatevatisWM]

Job numbers were published and it is not pretty. We ended up with a decline of 68,300 jobs. In BC we have a chance for change to support a government that will make job growth and supporting all residents the focus of the mandate. Planning on doing anything to support change?

[Financial Post @financialpost]

Gwyn Morgan: We’re heading toward another failed government in Ottawa https://t.co/VlzOM3nWCh

[Jas Johal @JasJohalBC]

7/ Top issues :
Cost of living 57%
health care 42%
economy/jobs 26%
housing 24%
deficit 24%
public safety 24%
US tariffs/Trump: 10%, down from 15% on Sept. 24. #bcpoli #cdnpoli

[Greater Vancouver Board of Trade @BoardofTrade]

We are deeply saddened by the passing of Peter Legge.

Peter served on GVBOT's board of directors and became chair of the board in 2002-03.

On behalf of the Greater Vancouver business community, we extend our heartfelt condolences to Peter's family and friends.