TSE:PSI

Pason Systems Inc. (PSI.TO)

13.73
-0.12 (0.87%)
as of Jun 10, 2026, 8:00:00 pm Market Open.
66 watching
0
BUY
A premier company. P/E ratio based on next year's earnings is 15. Price/Cash Flow ratio is lower on trusts, so he is looking at these instead. Still a good company to own.
DON'T BUY
Numbers are lukewarm.
WATCH
One of his favourites. He recently sold it but is looking for a re-entry point. He sold 1/2 his position at $19.
PAST TOP PICK
(A Top Pick Sept 15/05. Up 14%.) Sold half his position at $20. A world-class company. Revenues are increasing. Getting good penetration in the US.
PAST TOP PICK
(A Top Pick July 21/06. Up 50.2%.) In the short-term, doesn't expect much upside because of the worries of drilling activity, rig count and pricing pressures.
DON'T BUY
Has extraordinary technology but is quite expensive.
BUY
Oil/gas servicing. Very cheap stock relative to the industries P/E.
HOLD
The recent weakness in this stock is related to other energy securities. It is a unique company. The largest provider of equipment on a daily rental basis, to oil and gas business in North America. You need to be patient, with a 2 to 3 year view.
BUY
Past history shows that they have enormous moves and then go quiet for a while. Likes this space going forward. Even if oil prices flatten out for the next 3 years, oil/gas explorecos are going to make a fortune and will be spending more and more money on exploration. One of the safer sectors to be in at the moment.
BUY
It continues to expand the number of products it has, to assist the drillers of oil and gas. Rental of equipment on a daily basis gets progressively higher. The big kicker is going to be the continued penetration of the US market. Selling at 16.6 X next year's earnings. Thinks their growth will continue 20% per year.
PAST TOP PICK
(A Top Pick Aug 17/05. Up 8.5%.) Supplies equipment on a daily rental bass to the drillers. The benefit to the drillers is that the use of Pason's equipment makes drilling more efficient in cost and time. Still buying for his new accounts.
PAST TOP PICK
(A Top Pick June 29/05. Up 26%.) Likes the service company space energy approach. Taking some profits to get his weighting in line, but still buying for new accounts.
TOP PICK
(A Top Pick May 18/05. Up 32%.) Short term it's fully priced at 22 X expected earnings this year and 14 X next year. Ownership of an oil service company has to be in the context of oil hanging in at between $55 and $65. If there is a downturn, it could be vicious.
TOP PICK
The only company in the world that on a daily rental basis provides equipment to oil/gas well drillers. Have most of the market in Canada. Have gone from nowhere in the US 3 years ago to 40% of the market and is increasing very sharply. Looking for $1.15 this year and $1.55 next. Very cheap compared to other companies.
TOP PICK
(Was a Top Pick Apr 5/05. Up 17%.) Would buy on weakness. There will be some weakness in the 2nd quarter because of weather related factors in Alberta. Would Buy more at $19.
Showing 31 to 45 of 110 entries