Opinions
Alex Ruus
Horizon North Logistics
HNL-T
PAST TOP PICK
Dec 06, 2013
Stock price when the opinion was issued
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Their original business was to build houses for oil and gas business. They have diversified to construction houses. The biggest upside is if liquid gas projects get sanctioned here they have a good chance to get a contract on that. A good little business. Good upside. (Analysts’ price target is $3.31)
They had already had a run up ahead of the announcement for west coast LNG. He thinks this company has the most immediate upside potential due to its link to camps and catering. They will be building modular homes, buildings and other structures and have a good land holding to develop a great growth strategy near Kitimat. Yield 2.6%. (Analysts’ price target is $3.56)
(A Top Pick Oct 03/18, Down 68%) A play on LNG, that is still possible. Modular work camps and homes. He still owns a bit of it and still deciding what to do. He is concerned about the growth in debt.
(A Top Pick Sept 4/13. Up 33.6%.) Cautious to the overall energy sector right now and this is his biggest holding. A really, really well run company. Most money has been made by guys who provide the services. This company innovated the whole remote accommodation industry by coming up with the concept of executive camps and have out executed their competitors. This is in the backdrop of the concept of Canadian oil sands going from 1.5 million barrels a day to 3 million barrels, which will require a lot of picks and shovels along with people and places for them to sleep. There will be more good news.