Jerome Hass
Secure Energy Services
SES-T
TOP PICK
Feb 21, 2025
Excellent business with recurring revenue stream. Waste management business mostly based in Western Canada. Very stable business. Trading at a discounted valuation from peers. Expecting lots of growth going forward.
(A Top Pick Nov 17/05. Up 17%.) They hired some very key executives from Precision Drilling. This was a stunning endorsement of the company and what they are doing. Added some Canadian assets.
Some of the service sector has not been doing as well as the energy themselves. It certainly has decent upside potential, more than $10. Would prefer to be in other areas of the energy sector.
Has been bouncing around a little bit because of sector rotation but with oil going back up its coming back. Excellent management team. There is a window of opportunity from 6 to 9 months for high prices to the oil service sector. There is also the potential for them to convert into a trust.
Has excellent management. Diversified their assets into North America, away from South America. Well run. There is a complete rotation in the sector with drilling being out of favour. Good hold for when it come back in favour.
Very high quality management. Unfortunately, they got caught in a downdraft in the energy services market and were not able to do all the acquisitions they were hoping for. Would prefer a lower price.
An international oil/gas well drilling and service company. Service companies have been struggling because of the low price of gas. Earnings are expected to go from $.20 in his 2006 to $.42 in 2007 with another 32% growth in 2008. Ranks 22 one of 700.
Ranks top third at 231 in his database. Looks like oil/gas service stocks are bottoming out. Not a Buy outright, but they are expected to grow earnings from $0.31 to $0.46 (48%) between 07 and 08.
Wish he had owned more shares. They did a good job selling off assets after the competition forced them. The easy money has been made, unless they buy companies that reduces dependency to oil/gas.
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Excellent business with recurring revenue stream. Waste management business mostly based in Western Canada. Very stable business. Trading at a discounted valuation from peers. Expecting lots of growth going forward.