1.0 Exit Case: Thomson Reuters Corporation

Overview:

Thomson Reuters Corporation (TSX: TRI) The company serves professionals across legal, tax, accounting, compliance, government, and media. Its products combine highly specialized software and insights to empower professionals with the data, intelligence, and solutions needed to make informed decisions, and to help institutions in their pursuit of justice, truth, and transparency. Reuters, part of Thomson Reuters, is a world leading provider of trusted journalism and news.

TRI has been a part of the ‘Value Portfolio’ since 23 July 2024, however, considering the recent rally, trading above resistance levels in the stock, support & resistance levels, and ~13.69% upside from the entry price, an ‘Exit’ is recommended from the stock at the price of CAD 258.56, (as on 3^rd March 2025).

Thomson Reuters Corporation (TSX: TRI) is a part of Kalkine’s Value Portfolio and has breached its resistance level around which an exit case emerges.

1.1 Support and Resistance Summary as provided in our last published report dated 23 July 2024.

1.2 Thomson Reuters Corporation (TSX: TRI)

2.0 New Entry Case: Algoma Steel Group Inc. (TSX: ASTL)

Overview:

Algoma Steel Group Inc. (TSX: ASTL) is a Canadian company that produces clean and consistent light gauge steel in North America, offering a range of hot and cold rolled steel sheet and plate products.

Technical Analysis: On the daily chart, ASTL prices are trading on the support levels. The 14-period Relative Strength Index (RSI) stands at approximately 30.37, reflecting strong buying interest. The key support for stock is at CAD 8.95, while the critical resistance level is at CAD 11.00.

Considering the above mentioned factors, technical analysis, support & resistance levels, key risks and outlook an ‘Entry’ is recommended in the ‘Value Portfolio’ at the current market price of CAD 9.90, as on (as on 3^rd March 2025).

Algoma Steel Group Inc. (TSX: ASTL) has been identified as the new entry to our Value Portfolio.

2.1 Support and Resistance Summary (as on 3^rd March 2025)

2.2 Algoma Steel Group Inc. (TSX: ASTL)

Note 1: Past performance is neither an Indicator nor a guarantee of future performance.

Note 2: The reference date for all price data, and currency as of (3^rd March 2025). The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings.

Disclaimer

This information should not be relied upon as personal financial advice by Kalkine on (i) the stocks or (ii) the use or suitability of the model portfolios. Only an investor knows about their circumstances to make an investment decision.

Model Portfolio has been prepared for illustrative purpose only and does not take into account the objectives, financial situation or needs of any particular investor. Accordingly, investors should, before acting on the information, consider its appropriateness, having regard to their objectives, financial situation and needs. Past performance is not necessarily indicative of future performance results. Actual investment returns will vary, and the value of investments can go up or down.