Rally Energy Corp (RAL.TO) Buy, Sell or Hold

Rally Energy Corp (RAL.TO)

0.00

-0.00 (0.00%)

0 watching

BUY

The western Canadian sedimentary basin is not completely tapped out but is a tough place to find oil/gas. Small companies have gotten very good at this and when they move out internationally they bring good skills with them. Canoro Resources (CNS-X) and Rally Energy (RAL-T) are 2 he likes..

DON'T BUY

A lot of its assets are in the North Sea. Has had good capital appreciation. Likes it, but would be a little cautious at this time. In the same area, he prefers Bow Valley Energy (BVX-T).

TOP PICK

They are seeing a very rapid growth in production and reserves. Average production in 2006 was 2100 barrels and should go up slightly better than 7000 in 07. Trades at a reasonable multiple.

BUY

A lower risk development in Egypt. Very simple geology and predictable.

HOLD

Long trend lend from 04 with a big up tick in 06. Draw a trend line from the last part of 05 gives a better picture and as long as you stay above that you should be OK.

PAST TOP PICK

(Top Pick Sept 12/06. Up 9.1%.) Drilling in heavy oil, low risk steam flooding in Egypt as well as gas in Pakistan. Still would Buy.

DON'T BUY

A heavy oil play in Egypt. Have executed well. Believes there is still quite a bit more they can do. Also have natural gas in Pakistan. Fairly valued.

BUY

Production is growing very fast. Management has done extremely well and believe they are looking at other targets. Not too expensive looking out a couple of years.

HOLD

This company has had quite a lot of success. Analysts like it. Could have an upside. Stay with them.

BUY ON WEAKNESS

Have done a great job. Looks like they are experiencing a bit of operational risk this fall. Longer term he likes it. Hoping for a 20% pullback.

TOP PICK

(A Top Pick June 14/06. Up to 21%.) Heavy oil in Egypt and gas in Pakistan. Low risks and huge reserves. Dirt cheap. Net asset value is $3.50 and you get the Pakistan gas play for free.

DON'T BUY

Have put together some pretty interesting assets. Short-term, there is nothing particular to drive it, but longer-term it is fairly low risk development projects they are involved in. For this type of risk, he would like to double his money.

BUY

Head huge growth from the beginning of the year. The potential is for them to continue to grow their production rapidly. Still relatively cheap.

BUY

Had a nice uptrend from the beginning of the year until May, had a correction and remained flat into July, broke out of that and took out the previous high. The ideal time to buy was when it was in the flat period. Use the flat period as your stoploss.

TOP PICK

Oil/gas play in Egypt. Heavy oil play. Trades around 4 X cash flow. Should produce about 8000 BOE's a day by the end of 2007. Dirt cheap. Net asset value is about $3. Has 30% of a gas play in Pakistan, which, if successful, will add another $1 to the share price. Low risk.

Showing 16 to 30 of 36 entries

Wealthica The ultimate 360° Tracker Your financial life in one place, automatically

Most Recent Experts

Jim Cramer - Mad Money

CNBC

Richard Orrell

RN Croft Financial Group

Stockchase Insights

5i Research

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Stan Wong

Private Wealth Management, ScotiaMcleod

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

Rally Energy Corp (RAL.TO)