James Telfser Horizon North Logistics HNL-T PAST TOP PICK Apr 24, 2018

Very good looking chart in a good up trend. He has had good success trading this in the past. The uptrend today looks sustainable. A small company, so be careful on holding only a small position. He would use $2.35 as a stop.

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)

It is too early for this sector, the oil rally has not been sustained long enough yet. Any LNG project would help, but has not yet been confirmed. It is not as bad as it was before, just not good enough to enter back into yet.

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.