Viewing Company Bankers Petroleum | StockChase
stockchase picture

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

Bankers Petroleum Stock Symbol: BNK-T (Dead)

Notes:

Acquired by Geo-Jade (Oct 2016)

Last Price Recorded: $2.2000 on 2016-10-04

Date Signal Expert Opinion Price
2016-09-16 PAST TOP PICK Swanzy Quarshie

(A Top Pick Sept 2/15. Up 6.34%.) A small Albanian heavy oil company. This is being taken over by a Chinese company. This has a really great year-to-date number.


Price:
$2.180
Subject:
OIL & GAS
Bias:
BULLISH on ENERGY
Owned:
Yes
2016-08-30 COMMENT Eric Nuttall

Just won a tax dispute against the Albanian government. Up until a few months ago, the $57 million would be a major win, but right now it is going to be going into the pockets of the Chinese company that is bidding on the company. If you own this, you are just holding for another nickel or dime.


Price:
$1.920
Subject:
CANADIAN ENERGY & SMALL CAP
Bias:
UNKNOWN
Owned:
Unknown
2016-07-21 COMMENT Mason Granger

Being acquired by a Chinese group. At the beginning they announced a bid of $2.20, and the stock was trading at about $1.80. He thinks the investment community did not know this Chinese group and not able to assess their legitimacy. They have gotten through various regulatory hurdles. He has elected to sell ahead of the acquisition.


Price:
$2.030
Subject:
CANADIAN ENERGY
Bias:
UNKNOWN
Owned:
No
2016-05-16 HOLD Swanzy Quarshie

(Market Call Minute.) This is actually worth $2.20 because that is the bid price, and she thinks the deal is going to go through.


Price:
$1.940
Subject:
OIL & GAS
Bias:
CAUTIOUS
Owned:
Unknown
2016-05-09 DON'T BUY William Chin

You want to look at news and see how the price reacts.  We had positive news, but the price is struggling.  It has not outperformed crude oil.  You want to own those companies that can outperform crude oil.


Price:
$1.900
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
Unknown
2016-04-25 SELL James Rife

The bidder is from overseas and sometimes they don’t bring the money to the table.  The risk is that you are assessing if an overseas deal happens here.  He feels most investors are not in a position to judge this.  Go for something that is easier to understand.


Price:
$1.960
Subject:
CANADIAN
Bias:
BULLISH
Owned:
Unknown
2016-04-20 BUY Benj Gallander

(Market Call Minute.) An arbitrage play. There is risk. He bought into this last week at $1.82.


Price:
$1.810
Subject:
CONTRARIAN and VALUE INVESTING
Bias:
UNKNOWN
Owned:
Yes
2016-04-07 HOLD Eric Nuttall

The perception is that Long Run has been bought by a Chinese company and now another Chinese company is buying BNK-T.  There has been insider buying from officers.  He is tempted to dip his toe.  If you hold it, then hold on.


Price:
$1.850
Subject:
OIL & GAS
Bias:
BULLISH on OIL
Owned:
No
2016-04-06 COMMENT Jason Mann

(Market Call Minute.) Recently got a bid from a Chinese Consortium at $2.25. Stock is trading well below that on the fear that the Chinese buyer might not have the cash or may not close the deal. There is also Albanian tax risk. He reads it that this deal probably does go through, and there is a nice spread there for someone willing to take that risk.


Price:
$1.850
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Unknown
2016-03-29 COMMENT James Hodgins

Being acquired at $2.20 a share, but the stock price is at around $1.85. The difference is because there is very little visibility into the buyer, and their ability to come up with the cash is still in doubt. Too many moving parts.


Price:
$1.850
Subject:
MARKET NEUTRAL INVESTING: SMALL/MID-CAP
Bias:
BEARISH
Owned:
No
2016-03-21 SELL Robert Lauzon

It is an all cash deal.  You have the upside of a Chinese company coming in.  They operate in an area where they already had issues with government.  He would sell and look for the next idea.


Price:
$1.730
Subject:
ENERGY & ENERGY SERVICE STOCKS
Bias:
OPTIMISTIC
Owned:
No
2016-02-10 PAST TOP PICK Swanzy Quarshie

(A Top Pick Feb 12/15. Down 77.71%.) This has been a disappointment. Had problems with the Albanian government, but the tax issue should get sorted out sometime this quarter. Great quality company, and its assets are phenomenal. In a rising oil price environment, this is a great place to be.


Price:
$0.750
Subject:
OIL & GAS
Bias:
OPTIMISTIC on OIL
Owned:
Yes
2015-12-21 WATCH Bill Carrigan

We need volumes to drive prices higher but not volume to drive prices lower.  He is less concerned if prices are dripping on low volume.


Price:
$0.970
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
Unknown
2015-12-02 HOLD Swanzy Quarshie

Has a lot of refining contracts with refiners in the Mediterranean, so are able to ship barrels directly to those refiners. Has been a lot of disappointment with regards to a tax issue with the Albanians. Thinks this will ultimately get resolved. Excellent assets and excellent management team.


Price:
$1.440
Subject:
OIL & GAS
Bias:
OPTIMISTIC on OIL
Owned:
Unknown
2015-11-25 DON'T BUY Jason Mann

Doesn’t see this as a takeover target. Their balance sheet is fine and has no net debt. Valuation is reasonable, but the problem is they are in a fight with the Albanian government over a tax dispute, so their bank accounts were recently frozen. Albania is where all their assets are. Very bad price momentum. Has this as a small Short. This is not something he would hold.


Price:
$1.740
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
Yes
Showing 1 to 15 of 192 entries
<< < 1 2 3 4 5 > >>

No Comments.


You must be logged in to comment.