Stockchase Opinions

Patrick Kim CCS Income Trust CCR.UN-T BUY Aug 19, 2005

Environemental oil services field. Has had a tremendous run over the past several years. Last quarter results were basically in line. Helping to drive this trust is that the Fording Trust (FDG.UN-T) has received preliminary approval from the tax authorities to restructure to avoid some future taxes. This trust is going through that same process.
$32.000

Stock price when the opinion was issued

oil gas field services
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

You might be interested:

PAST TOP PICK
(A Top Pick Nov 3/06. Up 12.2%.) Premier name in oilfield services. Handle oilfield and hazardous wastes. Expanding into Louisiana. A great trust.
PAST TOP PICK
(A Top Pick Oct 27/06. Up 1.8%.) Still likes.
TOP PICK
Oil field waste treatment. A duopoly, so very strong margins. Growth opportunities through their US expansion will be very significant. Payout ratio of 65%. Clean balance sheet.
PAST TOP PICK
(A Top Pick Sept 8/06. Down 2.5%.) Bought for income, not for growth. Mostly driven by oil, not gas. Still likes. Safe haven for money.
BUY
Oil/gas service stock. Involved in the treatment of waste products from the drilling processes. Drilling dropped off considerably in 06 and 07, which affected them considerably. Expect drilling activity will pick up.
TOP PICK
In the oil field services area. Very strong marketing position, 55% market share. Last year started to build up their US footprint.
PAST TOP PICK
(A Top Pick Nov 3/06. Up 30%.) Chairman and US investors plan to take this one private at $46 a share.
PAST TOP PICK
(A Top Pick Nov 3/06. Up 28.5%.) Being taken out mid-November and going private. He’s tendering rather than selling.
PAST TOP PICK
(A Past Top Pick Oct 27/06. Up 23%.) Went private on Nov 14/07.
DON'T BUY

It is a single facility real estate company, holding the land for Safeway stores. A good yield and can be tax efficient. He sees higher rates coming and even though they are doing all the right things, there will be some headwinds they have to face.