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

Niko Resources (NKO.TO)

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20 watching

BUY

Took a major dip last week, but not sure why. Long term the stock has a very interesting opportunity. Have to find more gas off the Indian coast for the stock to move forward but the probability is pretty good. Have a strong partner in Reliance Energy.

HOLD

Production at D6 in India has had some reservoir issues so the stock has fallen. Also has a been a drilling delay on D4 because of their partner Reliance.

TOP PICK

Offshore India. Reliance Energy is a partner. Gets a fixed price of $4.20 for its gas and there is reasonable expectation that will go up. Largest biggest landholder in Indonesia and are partnering with Exxon (XOM-N) to develop these fields, which could potentially add on as much as $40-$50 a share If Indonesia pans out alone.

HOLD

He has held for a long, long time. He would of thought it would have done more on the upside by now. There must be some reason for it, but he has heard nothing about it. There is nothing wrong with it.

BUY

Have a lot of news coming on some of their big fields. Elephant hunters but prudent enough to have some good cash flow to support their hunting for big pools. Main prospects are in deep water in India and Indonesia regions.

BUY

Very expensive on current numbers, production and prospects however, they have massive elephant prospects. Balance sheet is fine and they have a good track record at finding elephants. A Buy and Hold.

DON'T BUY

Lost a lot of momentum so far this year. Might want to buy for 1 or two weeks. Break out level is $110. Right now it is range bound.

BUY

Have some big elephants they are drilling so if they hit on some of them, they could go up another 20%-25%.

HOLD

Drilling for natural gas in India and offshore Bangladesh. This part of the world badly needs energy.

COMMENT

Looking for the right entry point and will be buying. Would prefer it in the $90-$100 range but will take it in this range.

COMMENT

Had been hoping it would take a dip and he would get it in the low $90's. Likes what they are doing. Elephant hunting and have a good chance and delivering. Have enough cash flow to keep them alive. Thinks it will be a long-term, big success story.

BUY ON WEAKNESS

Right at the top of his Watch list as there are a lot of good catalysts for it. Would like to get it a little lower. Great exposure to some elephant plays in Asia.

BUY

Has been a fantastic story and exploration potential is still very good. Seems that international stocks want to do better than the Canadian story. Expects there is more to come.

BUY

(Market Call Minute.) Likes gas and this is one you could take a look at.

BUY

Scares off retail investors because of price ($103). International play. Current big play is from India. Barely scratched the surface on drilling. Going forward she thinks they will have success.

Showing 91 to 105 of 303 entries

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Niko Resources (NKO.TO)