Viewing Expert Alice Tsang | StockChase
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Compiling comments that experts make about stocks while on public TV.

Viewing Expert

Alice Tsang , Portfolio Manager

Marquest Asset Management


Date Signal Chart Symbol Company Opinion Price
2013-09-13 BUY on WEAKNESS Must be logged in to use chart STP-T (Not List Southern Pacific Resource

Rebounded significantly because of a very good update. Very strong team. Went into a heavy oil play, Senlac, to bring on production and were faced with a number of ramp up issues so the stock was severely punished. However, with yesterday’s update, it seems that they are starting to get back on track. Currently have 5 wells that are working so if they can continue to prove up all 12 wells, she believes stock will probably go back to the old range. Still a lot of risk in the story so she would wait for a pullback.


Price:
$0.550
Subject:
CANADIAN RESOURCES
Bias:
CAUTIOUS on METALS
Owned:
No
2013-09-13 BUY Must be logged in to use chart SU-T Suncor Energy Inc

Likes the story. Generating free cash flow and there is a lot more growth coming forward when they bottle (?) Firebag so she does see valuation going higher. Currently trading at about 5X cash flow. In a very strong oil environment, if you have a longer time horizon, she could see another 50% on this stock. (Host Comment: $42 is the near-term consensus looking out 12 months.)


Price:
$37.350
Subject:
CANADIAN RESOURCES
Bias:
CAUTIOUS on METALS
Owned:
Unknown
2013-09-13 PAST TOP PICK Must be logged in to use chart SWC-N (Dead) Stillwater Mining Co.

(A Top Pick August 31/12. Up 10.45%.) Sold her holdings at around the $15 level, because it had reached full valuation. However, when it touched down to about $10.50-$11, she bought it back. She is a big fan of the PGM space. Palladium as well as platinum has been outperforming copper and gold. This is still a Buy.


Price:
$11.060
Subject:
CANADIAN RESOURCES
Bias:
CAUTIOUS on METALS
Owned:
Yes
2013-09-13 TOP PICK Must be logged in to use chart TDG-T Trinidad Drilling Ltd

Has gone through a very heavy equipment build out in the last few years which is coming close to an end. Generating free cash flow and 2014 is going to be better. The new joint venture with Halliburton (HAL-N) will allow them to get into the global space. Now have contracts for Mexico and gives them opportunity to get into Saudi Arabia. Yield of 2% and feels there is a lot of room to increase distributions in the next 2 years.


Price:
$10.000
Subject:
CANADIAN RESOURCES
Bias:
CAUTIOUS on METALS
Owned:
Yes
2013-09-13 BUY on WEAKNESS Must be logged in to use chart TECK.B-T Teck Resources Ltd. (B)

Along with all the other base metal names, this rebounded very nicely. Over the long, long term, she thinks there is more upside to be had 1 to 3 years out. Very attractive buy slightly lower than its current level. Valuation is okay compared to its peers. Have done a great job of reducing debt so there is no a lot of risk.


Price:
$28.040
Subject:
CANADIAN RESOURCES
Bias:
CAUTIOUS on METALS
Owned:
Unknown
2013-09-13 HOLD Must be logged in to use chart TOU-T Tourmaline Oil Corp

Very well loved name and rightly so because they have one of the lowest costs in the sector. Still making money at current prices. However, this stock has always been expensive. If the view is positive on natural gas, then it will probably move up. However, AECO is currently trading at a huge discount compared to NYMEX and so in the upcoming quarter there may be a little bit of risk and disappointment on the cash flow front. Alternatively, Encana (ECA-T) would be an interesting gas play as they are looking at strategic alternatives to turn the company around. Trading roughly at about 4X cash flow and debt is reasonable at about 2X. There is talk about them eliminating their dividend and if that happens, this would be a case of Buy on Weakness.


Price:
$42.750
Subject:
CANADIAN RESOURCES
Bias:
CAUTIOUS on METALS
Owned:
Unknown
2013-09-13 BUY Must be logged in to use chart YRI-T Yamana Gold Inc.

(Market Call Minute.) At $1300, they are still making a lot of money and generating free cash flow.


Price:
$10.840
Subject:
CANADIAN RESOURCES
Bias:
CAUTIOUS on METALS
Owned:
Yes
2013-06-21 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Gold. Drivers for gold is inflation, economy as well as fear factors. Hasn’t really seen the 3 factors at work over the last few years since it hit $1900. With the spike in interest rates, the cost of carry has gone up significantly. The fear is that if rates continue to rise and the economy and markets are doing better, what is the better pay off for gold investors and the holders of bullion. She thinks it would be more likely on the downside. She feels gold will be staying at around $1200. There is a seasonality trade but she is cautious on this metal.


Price:
$0.020
Subject:
CANADIAN RESOURCES
Bias:
CAUTIOUS
Owned:
_N/A
2013-06-21 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. Majority of the TSX is made up of resource stocks and aside from resources, we also have banks and pipelines, which have been very popular and have done very well. A lot of those stocks had reached technical inflection points where they where significantly overbought and valuation was more than fair so when all this is aligned and you have Bernanke indicating optimism on the economy front and yield tightening, it was a good time to take profits for investors. She views the pullback as a mild correction. On the resource side she feels there is still a little more downside to come. Copper is getting to a point where it is attractively valued. If it breaks the $3 point, that will create a very strong buying opportunity.


Price:
$0.020
Subject:
CANADIAN RESOURCES
Bias:
CAUTIOUS
Owned:
_N/A
2013-06-21 TOP PICK Must be logged in to use chart CASH CASH

10%-15% in cash would roughly be a good holding for a portfolio.


Price:
$0.010
Subject:
CANADIAN RESOURCES
Bias:
CAUTIOUS
Owned:
Yes
2013-06-21 BUY Must be logged in to use chart CFF-T Conifex Timber Inc

Likes the lumber industry. This company owns cutting rights to spruce timber and as well as a very attractive biomass project. Feels there are a lot of catalysts in this stock. Lumber prices have come off since Q1, largely due to the seasonal affect as well as news from China that they are less growthy. Over the long-term, she feels this is a fantastic holding. It is a slightly higher cost producer on the lumber side so she has adjusted the Q2 cash flow expectation somewhat. This would be a long-term Buy for her.


Price:
$7.560
Subject:
CANADIAN RESOURCES
Bias:
CAUTIOUS
Owned:
Unknown
2013-06-21 DON'T BUY Must be logged in to use chart CLF-N Cliffs Natural Resources

High cost producer needing $105 per ton in order to break even. At this time there are a lot more iron ore projects coming on and she would prefer a lower cost producer or a copper stock.


Price:
$17.190
Subject:
CANADIAN RESOURCES
Bias:
CAUTIOUS
Owned:
Unknown
2013-06-21 BUY Must be logged in to use chart ERF-T Enerplus Corp

(Market Call Minute.) This gives you exposure to gas as well as oil. Management has done a great job in their Marsalis as well as the Bakken area, so they are increasing the liquids play. They cut distribution and valuation is attractive. Gives you exposure to rising gas prices.


Price:
$14.830
Subject:
CANADIAN RESOURCES
Bias:
CAUTIOUS
Owned:
Unknown
2013-06-21 TOP PICK Must be logged in to use chart ESN-T Essential Energy Services Ltd.

Their current rigs are very suited for SAGD heavy oil drilling as well as some of the deep basin drilling. There is a lot of activity in this space right now so she expects utilization as well as day rates to increase over the next year. Trades at about 5X cash flow. Very clean balance sheet. Could be a takeout candidate. Dividend yield of about 4%.


Price:
$2.680
Subject:
CANADIAN RESOURCES
Bias:
CAUTIOUS
Owned:
Yes
2013-06-21 BUY Must be logged in to use chart IAE-T (Dead) Ithaca Energy Inc.

Stock is cheap. Have lagged on their production guidance. Brought Athena on line a couple of years ago and the well behaviour disappointed the market. However, they are about to bring on Stella in 2014. There may be more ramp up issues that have to be faced. At a 1 to 2 times cash flow kind of valuation over the next year, 2014 earnings, she feels the stock justifies the downside risk. If Stella comes on, this could get back to the $2.25 range.


Price:
$1.840
Subject:
CANADIAN RESOURCES
Bias:
CAUTIOUS
Owned:
Unknown
Showing 31 to 45 of 251 entries
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