Niko Resources (NKO.TO) Buy, Sell or Hold

Niko Resources (NKO.TO)

0.00

-0.00 (0.00%)

20 watching

BUY

There are still rumours that they have discovered oil beneath the gas. Good company, with a great management team. Good long-term. Slow and steady. When they start hitting cash flow, that's when the stock will go up.

Wealthica Track your Stocks in your Watch List

TOP PICK

(A Top Pick Feb 16/06. Up 33%.) Believes that this company will probably be taken over.

BUY

There are rumours that they have found 500 million barrels of oil under the gas. Good company.

BUY ON WEAKNESS

Likes the story a lot. In the 4th quarter, they are getting 2 deep rigs to chase down the opportunities in the deeper sections of those waters. Buy in the low $50’s.

BUY

Has some fabulous resource plays. LNG is not a big issue as they can supply directly to the local markets of India and Bangladesh. Expect it will get taken out at some point.

BUY

Not expecting any takeover. Have had some great gas discoveries and possibly some oil as well. Good management team and great assets. Very good long-term hold.

COMMENT

Niko's fair market value is $30.00. It is trading 5 times the book value. Does not seem to be an interesting company to be taken over.

TOP PICK

Sticking her neck out on this one. They have a couple of disputes in Bangladesh which has resulted in lower production. Growing their production nicely, but they overpromise and underdeliver and the market punishes them for that. She hopes that the price they get for their Indian production will be good and that they get taken over at higher than $50.

Wealthica Track your Stocks in your Watch List

HOLD

Thinks there is something going on with this company. They had a soft approach for a takeover and the company said it wasn't a big enough premium. Knowing the company, he was shocked that it might be up for sale. They have a great asset.

BUY

Thinks it will get taken out sometime in 2006 by the Chinese (or a subsidiary of that government) or an Indian company. A speculation.

BUY

Really likes this one because it has large gas on the west coast of India that would be directly utilized by the industrial infrastructure. Wouldn’t be surprised if it gets taken over.

COMMENT

A gas play in an exciting part of the world that is not always a good thing. There could be a bidding war between India and China. They will continue to find more gas. Very prospective. On a long term basis, you have India and Bangladesh, you have political risks and you have got whatever the gas is worth.

DON'T BUY

The price is at his model price now. Finding huge value elsewhere.

BUY

One change on this and that is the valuation for Bangladesh is being met with scepticism in the market. Could be at its bottom and you could see it work its way back form here. A good long term play.

BUY

The international oils have all been under significant pressure over the last while. It's due to a couple of things. 1) The international risk, although this company has done fairly well there and 2) the leverage to oil price. If you think the oil will move up again, it will be a good one to own.

Showing 166 to 180 of 303 entries

Most Recent Experts

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Keith Richards

ValueTrend Wealth Management

Joe Terranova

Virtus Investment Partners

Stephen Weiss, Founder, Short Hills Capital Partners

Short Hills Capital Partners

Rob Sechan, Managing Partner, New Edge Capital

New Edge Capital

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Summer Sale

Niko Resources (NKO.TO)