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Compiling comments that experts make about stocks while on public TV.

Cathedral Energy Services Stock Symbol: CET-T

Last Price Recorded: $1.1700 on 2017-09-22

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Date Signal Expert Opinion Price
2016-12-05 DON'T BUY Alex Ruus

There is starting to be some interest in oilfield services. His initial reaction is to continue to stay away. A lot of these companies are continuing to lose a fair bit of cash. A lot of stocks are starting to turn in anticipation of improving conditions. While drilling activity has started to pick up, and there are talks of potential price increases at the field level, it will be a muted approach and a muted response in pricing, which will restrain profitability for quite a while. Essential Services (ESN-T) would be a more substantial, safer pick in this area.


Price:
$0.510
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
No
2016-08-05 COMMENT Benj Gallander

He has faith in management. Their debt load was not all that heavy when he bought this, and it is not all that heavy now. Revenues for drillers are regularly going down by 50%. A very high risk company. It has tremendous upside if it can recover, but oil/gas prices have to go up.


Price:
$0.700
Subject:
CONTRARIAN and VALUE INVESTING
Bias:
UNKNOWN
Owned:
Yes
2016-04-20 PAST TOP PICK Benj Gallander

(A Top Pick May 7/15. Down 85.45%.) This is a question of survival. Their revenues went down 66% last quarter year-over-year. They eliminated the dividend. Have some leading edge technology and there is a reasonable possibility they will survive. If it survives, it could be a 10 bagger.


Price:
$0.320
Subject:
CONTRARIAN and VALUE INVESTING
Bias:
UNKNOWN
Owned:
Yes
2016-03-01 PAST TOP PICK Benj Gallander

(A Top Pick March 26/15. Down 82.46%.) A driller and has been an absolute disaster. He has had very few blowouts in the past few years, but this one was absolutely brutal. Eliminated their dividend, revenues have gone way, way down, and they have had to lay off a lot of staff. There is a good chance they will survive, but there is no guarantee. Now has it as a Hold.


Price:
$0.340
Subject:
CONTRARIAN and VALUE INVESTING
Bias:
UNKNOWN
Owned:
Yes
2016-01-20 PAST TOP PICK Benj Gallander

(A Top Pick Feb 3/15. Down 87.65%.) He is less certain as to whether this will be a survivor. For people who are very risk adverse, they might want to sell this. If oil/gas goes up, this could be a 10 bagger. The difficulty is, their revenues are getting absolutely killed.


Price:
$0.270
Subject:
CONTRARIAN and VALUE INVESTING
Bias:
UNKNOWN
Owned:
Yes
2015-05-07 TOP PICK Benj Gallander

This is a drilling company. Revenues have dropped from $77 million last year to about $50 million. Have also cut back on their capital plan and their dividend which makes sense. His concern was that the debt load had crept up to about $55 million, but they have now cut that back to $38 million. Very smart management.


Price:
$2.190
Subject:
CONTRARIAN and VALUE INVESTING
Bias:
UNKNOWN
Owned:
Yes
2015-03-26 TOP PICK Benj Gallander

They cut their dividend in half.  They cut their capital spending in half.  They cut half their labour cost.  They have a reasonably good balance sheet.  It is a good time to buy in now.  They are smartly managed and a number of companies in this sector will go bankrupt or chapter 11 so this will eliminate competition.


Price:
$2.010
Subject:
CONTRARIAN and VALUE INVESTING
Bias:
CONTRARIAN
Owned:
Yes
2015-02-03 TOP PICK Benj Gallander

They got out of the Venezuela situation where they were drilling. In the quarter ending in November, they had record revenues. Have expanded into the US. Financial statements are quite reasonable. Yield of 13.47%, but it would not surprise him if they announced a dividend cut in the future. His target price is over $10.


Price:
$2.470
Subject:
CONTRARIAN and VALUE INVESTING
Bias:
UNKNOWN
Owned:
Yes
2013-12-06 COMMENT Alex Ruus

There are 2 Canadian companies that are focused around directional drilling, this one and Phoenix (PCO-X). Over the long-term, both companies have done very well but in the last 5 years, Phoenix has seemed to out execute Cathedral. Before you invest in any energy/resource type company, you have to be looking at what is going on in resource pricing or resource activity. This current pullback could be a buying opportunity.


Price:
$4.570
Subject:
NORTH AMERICAN
Bias:
BULLISH
Owned:
No
2010-04-26 PAST TOP PICK Andrew Cook (Top Pick Apr 24/09, Up 21%) Continues to like it here. Prefers to their competitors. Management is quite good.
Price:
$5.750
Subject:
RESOURCE
Bias:
BULL on RESOURCES
Owned:
Yes
2010-01-20 PAST TOP PICK Andrew Cook (A Top Pick Apr 4/09. Up 22.1%.) Do a lot of horizontal drilling and businesses going quite well for them.
Price:
$5.800
Subject:
RESOURCE
Bias:
BULLISH on RESOURCES
Owned:
Yes
2009-12-01 BUY Charles Oliver, HBSc CFA Natural gas. Horizontal drilling and fraqing, which will create a lot of growth. Looks expensive on 2009 numbers but on historical earnings it traded at about 2-3 times cash flows. Thinks the market will come back. 6% yield but will be converting in a couple of months.
Price:
$4.040
Subject:
RESOURCE
Bias:
BULL on GOLD
Owned:
Yes
2009-11-30 PAST TOP PICK Andrew Cook (A Top Pick April 24/09. Down 13.84%.) Still a Buy.
Price:
$4.080
Subject:
RESOURCE
Bias:
BULLISH
Owned:
Yes
2009-10-28 PAST TOP PICK Andrew Cook (A Top Pick Apr 24/09. Down 9%.) Still likes this one. Oil/gas sector has raised a lot of money and some of this will go into drilling.
Price:
$4.140
Subject:
RESOURCE
Bias:
BULLISH on RESOURCES
Owned:
Yes
2009-09-21 BUY Alexander Lane, B Comm, C Directional drilling services. In the last few weeks, with increased appetite for speculation in natural gas, these stocks have started to move. High ROE. He prefers Phoenix (PHX.UN-T).
Price:
$3.650
Subject:
GLOBAL
Bias:
BULLISH
Owned:
No
Showing 1 to 15 of 57 entries
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