Daylight Energy Ltd

DAY-T

0.00
0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about DAY-T

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
August 28, 2012

(A Top Pick Aug 18/11. Up 32.14%.) Acquired.

(A Top Pick Aug 18/11. Up 32.14%.) Acquired.

Peter Brieger
Chairman & Chief Executive Officer, GlobeInvestment Capital Management
Price
$10.070
Owned
No
PAST TOP PICK
PAST TOP PICK
August 16, 2012

(Top Pick sep 30/11Up 90%) He redeployed cash in other names.

(Top Pick sep 30/11Up 90%) He redeployed cash in other names.

Dennis da Silva
Managing Director & Sr Portfolio Manager, Middlefield Capital Ltd.
Price
$10.070
Owned
No
PAST TOP PICK
PAST TOP PICK
July 24, 2012
(A Top Pick July 20/11. Up 6.22%.) This company was acquired.
(A Top Pick July 20/11. Up 6.22%.) This company was acquired.
Peter Brieger
Chairman & Chief Executive Officer, GlobeInvestment Capital Management
Price
$10.070
Owned
No
PAST TOP PICK
PAST TOP PICK
July 5, 2012
(A Top Pick June 30/11. Up 9.97%.) This company was acquired. Sold his holdings at $16.
(A Top Pick June 30/11. Up 9.97%.) This company was acquired. Sold his holdings at $16.
Rick Stuchberry
Portfolio Manager, Wellington-Altus Private Wealth
Price
$10.070
Owned
No
PAST TOP PICK
PAST TOP PICK
June 26, 2012
(A Top Pick July 20/11. Up 6.22%.) Acquired in Late Dec by Sinopec, a Chinese company.
(A Top Pick July 20/11. Up 6.22%.) Acquired in Late Dec by Sinopec, a Chinese company.
Peter Brieger
Chairman & Chief Executive Officer, GlobeInvestment Capital Management
Price
$10.070
Owned
No
PAST TOP PICK
PAST TOP PICK
May 23, 2012
(A Top Pick July 20/11. Up 13%.) Acquired by Sinopec Dec 2011.
(A Top Pick July 20/11. Up 13%.) Acquired by Sinopec Dec 2011.
Peter Brieger
Chairman & Chief Executive Officer, GlobeInvestment Capital Management
Price
$10.070
Owned
No
PAST TOP PICK
PAST TOP PICK
May 4, 2012
(A Top Pick June 30/11. Up 9.97%.) Acquired by Sinopec Dec 2011.
(A Top Pick June 30/11. Up 9.97%.) Acquired by Sinopec Dec 2011.
Rick Stuchberry
Portfolio Manager, Wellington-Altus Private Wealth
Price
$10.070
Owned
No
PAST TOP PICK
PAST TOP PICK
March 22, 2012
(Top Pick Mar 14/11, Up 1.71%) Acquired.
(Top Pick Mar 14/11, Up 1.71%) Acquired.
Peter Brieger
Chairman & Chief Executive Officer, GlobeInvestment Capital Management
Price
$10.070
Owned
No
PAST TOP PICK
PAST TOP PICK
February 29, 2012
(A Top Pick March 14/11. Up 1.71%.)
Daylight Energy Ltd (DAY-T)
February 29, 2012
(A Top Pick March 14/11. Up 1.71%.)
Peter Brieger
Chairman & Chief Executive Officer, GlobeInvestment Capital Management
Price
$10.070
Owned
Unknown
COMMENT
COMMENT
February 17, 2012
Not one of his favourites. He prefers some of the bigger names.
Daylight Energy Ltd (DAY-T)
February 17, 2012
Not one of his favourites. He prefers some of the bigger names.
David Cockfield
Managing Director, Northland Wealth Management
Price
$10.070
Owned
No
PAST TOP PICK
PAST TOP PICK
January 25, 2012
(Top Pick Jan 27/11, Up 7.62%) was taken out by a Chinese company. Didn’t predict it but clearly it was the smallest of the group. There will be more of a trend of this happening.
(Top Pick Jan 27/11, Up 7.62%) was taken out by a Chinese company. Didn’t predict it but clearly it was the smallest of the group. There will be more of a trend of this happening.
Peter Brieger
Chairman & Chief Executive Officer, GlobeInvestment Capital Management
Price
$10.070
Owned
No
PAST TOP PICK
PAST TOP PICK
December 22, 2011
(A Top Pick Dec 16/10. Up 6.44%.) This one is being taken out.
Daylight Energy Ltd (DAY-T)
December 22, 2011
(A Top Pick Dec 16/10. Up 6.44%.) This one is being taken out.
Rick Stuchberry
Portfolio Manager, Wellington-Altus Private Wealth
Price
$0.010
Owned
No
PAST TOP PICK
PAST TOP PICK
December 16, 2011
(A Top Pick Dec 15/10. Up 6.76%.) Was taken out.
Daylight Energy Ltd (DAY-T)
December 16, 2011
(A Top Pick Dec 15/10. Up 6.76%.) Was taken out.
Peter Brieger
Chairman & Chief Executive Officer, GlobeInvestment Capital Management
Price
$9.950
Owned
No
SELL
SELL
November 3, 2011
Being acquired by Sinopec International. He has tendered his holdings. When is a bid on the table and not likely to have counter bid, take the money and run.
Being acquired by Sinopec International. He has tendered his holdings. When is a bid on the table and not likely to have counter bid, take the money and run.
Rick Stuchberry
Portfolio Manager, Wellington-Altus Private Wealth
Price
$9.890
Owned
No
SELL
SELL
October 13, 2011
Stock shot up when Sinopec Int made an offer to purchase at $10.08. If you own, he would suggest you take your money and run. There are still some regulatory hurdles.
Stock shot up when Sinopec Int made an offer to purchase at $10.08. If you own, he would suggest you take your money and run. There are still some regulatory hurdles.
Mason Granger
Portfolio Manager, Sentry Investments
Price
$9.750
Owned
Unknown
SELL
SELL
October 12, 2011
Long time shareholders but she sold yesterday. Felt the price being paid was fair. Not anticipating another buyer.
Long time shareholders but she sold yesterday. Felt the price being paid was fair. Not anticipating another buyer.
Christine Poole
CEO & Managing Director, GlobeInvest Capital Management
Price
$9.710
Owned
No
COMMENT
COMMENT
October 11, 2011
On July 8, he had this as a Sell with a model price of $4.55. The stock went down to $4.40. Just had a big takeover offer from Petro China.
On July 8, he had this as a Sell with a model price of $4.55. The stock went down to $4.40. Just had a big takeover offer from Petro China.
Brian Acker, CA
Chief Executive Officer, President and Chief Inves, Acker Finley Inc.
Price
$9.640
Owned
Unknown
DON'T BUY
DON'T BUY
October 6, 2011
Very high leverage compared to the rest at 2.3 times. Dividend probably not be sustainable. 70% drawn on their bank facility. If you want some gas exposure there are better places to be.
Very high leverage compared to the rest at 2.3 times. Dividend probably not be sustainable. 70% drawn on their bank facility. If you want some gas exposure there are better places to be.
Michele Robitaille
Portfolio Manager, Guardian Capital
Price
$4.670
Owned
No
BUY
BUY
October 4, 2011
Taking the past peak price of oil, $40 in 1980, and inflating it at 2.5%, you would have a price of $88. Feels that oil is undervalued. Daylight is doing all the right things fundamentally, however the complaint is too much debt relative to the amount it wants to spend on development, lands, acquisitions, etc. He disagrees with this and remains a staunch buyer. Could be a cut in distribution.
Taking the past peak price of oil, $40 in 1980, and inflating it at 2.5%, you would have a price of $88. Feels that oil is undervalued. Daylight is doing all the right things fundamentally, however the complaint is too much debt relative to the amount it wants to spend on development, lands, acquisitions, etc. He disagrees with this and remains a staunch buyer. Could be a cut in distribution.
Peter Brieger
Chairman & Chief Executive Officer, GlobeInvestment Capital Management
Price
$4.580
Owned
Yes
DON'T BUY
DON'T BUY
October 3, 2011
The stock is way oversold and could go lower before going higher. Even fell below its 2009 low, which is very negative. The only good thing is that there is going to be some kind of a recovery one of these days. If you own, use the next rally to Sell.
The stock is way oversold and could go lower before going higher. Even fell below its 2009 low, which is very negative. The only good thing is that there is going to be some kind of a recovery one of these days. If you own, use the next rally to Sell.
Ron Meisels
President, P & C Holdings
Price
$4.960
Owned
No
TOP PICK
TOP PICK
September 30, 2011
Incredible yield of about 12% right now. Some concerns about the debt. About 15% left on the line and he is confident they can renegotiate. Very cheap. Well-managed.
Daylight Energy Ltd (DAY-T)
September 30, 2011
Incredible yield of about 12% right now. Some concerns about the debt. About 15% left on the line and he is confident they can renegotiate. Very cheap. Well-managed.
Dennis da Silva
Managing Director & Sr Portfolio Manager, Middlefield Capital Ltd.
Price
$5.300
Owned
Yes
DON'T BUY
DON'T BUY
September 30, 2011
Current low is an important one and matches the one in 2009. Chart shows the stock has been in trouble for a while. Market clearly does not like this one.
Daylight Energy Ltd (DAY-T)
September 30, 2011
Current low is an important one and matches the one in 2009. Chart shows the stock has been in trouble for a while. Market clearly does not like this one.
Bill Carrigan
Technical Analyst, Getting Technical Info Service
Price
$5.300
Owned
Unknown
DON'T BUY
DON'T BUY
September 29, 2011
Not a favourite of hers, mainly because they have more natural gas than oil. Good management. She would go to an oil levered name.
Daylight Energy Ltd (DAY-T)
September 29, 2011
Not a favourite of hers, mainly because they have more natural gas than oil. Good management. She would go to an oil levered name.
Alice Tsang
Portfolio Manager, Marquest Asset Management
Price
$5.250
Owned
No
HOLD
HOLD
September 28, 2011
Dividend is reasonably safe. If you want to enter a former royalty trust you could buy Arc or Baytex. This may not be the time in the cycle you want to aggressively get into it.
Daylight Energy Ltd (DAY-T)
September 28, 2011
Dividend is reasonably safe. If you want to enter a former royalty trust you could buy Arc or Baytex. This may not be the time in the cycle you want to aggressively get into it.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$5.470
Owned
Unknown
HOLD
HOLD
September 21, 2011
At this point your risk/reward is so good, it might be the kind of investment he would like to buy. Coming back to a multi year low. Hang on with stop around 20% from here.
Daylight Energy Ltd (DAY-T)
September 21, 2011
At this point your risk/reward is so good, it might be the kind of investment he would like to buy. Coming back to a multi year low. Hang on with stop around 20% from here.
Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$6.210
Owned
Unknown
HOLD
HOLD
September 20, 2011
Well-managed company in the oil patch. Projected cash flow could be around $1.50 or better. Looks fairly compelling at this price. Sufficient cash flow to continue paying the distribution.
Daylight Energy Ltd (DAY-T)
September 20, 2011
Well-managed company in the oil patch. Projected cash flow could be around $1.50 or better. Looks fairly compelling at this price. Sufficient cash flow to continue paying the distribution.
Michael Sprung
President, Sprung Investment Management
Price
$6.740
Owned
No
COMMENT
COMMENT
September 15, 2011
About 60% gas weighted. Balance sheet is a bit stretched and they may have to raise equity or do a high yield debt issue Some of their oil plays haven’t gone as well as they would have liked.
Daylight Energy Ltd (DAY-T)
September 15, 2011
About 60% gas weighted. Balance sheet is a bit stretched and they may have to raise equity or do a high yield debt issue Some of their oil plays haven’t gone as well as they would have liked.
Michael Simpson, CFA
Senior Vice-President, Sentry Investments
Price
$7.010
Owned
Unknown
WAIT
WAIT
September 12, 2011
Similar to NAE. Sold it in recent months due to debt levels. Yield may not be as safe. They have a lot of interesting plays. Watch for another quarter or two.
Daylight Energy Ltd (DAY-T)
September 12, 2011
Similar to NAE. Sold it in recent months due to debt levels. Yield may not be as safe. They have a lot of interesting plays. Watch for another quarter or two.
Joanne A. Hruska, CFA
Market Strategist, Integral Wealth Securities
Price
$6.880
Owned
No
PAST TOP PICK
PAST TOP PICK
September 12, 2011
(Top Pick Sep 13/10, Down 25.38%) It’s down 21% in the last 7 or 8 weeks. It’s unfortunate. They try to tease the market with new plays. They aren’t concentrated on any one play. Debt levels are creeping up. You get yield and some growth as Nat Gas prices go up.
Daylight Energy Ltd (DAY-T)
September 12, 2011
(Top Pick Sep 13/10, Down 25.38%) It’s down 21% in the last 7 or 8 weeks. It’s unfortunate. They try to tease the market with new plays. They aren’t concentrated on any one play. Debt levels are creeping up. You get yield and some growth as Nat Gas prices go up.
Robert Lauzon
Deputy Chief Investment Officer, Middlefield Capital Corporation
Price
$6.880
Owned
Yes
HOLD
HOLD
September 9, 2011
Oil is up or down $2-$3 each day and a lot of the oil companies, including oil/gas service companies, are not doing so well. Good management. Good dividend.
Daylight Energy Ltd (DAY-T)
September 9, 2011
Oil is up or down $2-$3 each day and a lot of the oil companies, including oil/gas service companies, are not doing so well. Good management. Good dividend.
Irwin Michael, B.Com, MBA
Portfolio Manager, ABC Funds
Price
$7.130
Owned
Unknown
BUY
BUY
August 29, 2011
Used to be a trust and has a high yield of 8%. Payout ratio is in the high 80s. A call on this would be a call on where energy prices are going to be. He is long-term positive on energy prices.
Used to be a trust and has a high yield of 8%. Payout ratio is in the high 80s. A call on this would be a call on where energy prices are going to be. He is long-term positive on energy prices.
Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$7.750
Owned
No
BUY
BUY
August 23, 2011
Another good example of a good oil and gas company that has come down in value. Yield over 9%. Good properties, in the cardium. Payout relatively secure. Good line of properties to drill. Over last year or two he has been watching it and it getting to a point where he is very close to buying it himself.
Another good example of a good oil and gas company that has come down in value. Yield over 9%. Good properties, in the cardium. Payout relatively secure. Good line of properties to drill. Over last year or two he has been watching it and it getting to a point where he is very close to buying it himself.
Michael Sprung
President, Sprung Investment Management
Price
$7.740
Owned
Unknown
COMMENT
COMMENT
August 22, 2011
Fundamentally it looks good. He is sticking his neck out by saying it might be a buying opportunity. Sees the low at $7.36. You might get a $.30-$.40 rally. You can buy, but don't have big expectations.
Fundamentally it looks good. He is sticking his neck out by saying it might be a buying opportunity. Sees the low at $7.36. You might get a $.30-$.40 rally. You can buy, but don't have big expectations.
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
Price
$7.570
Owned
Unknown
BUY
BUY
August 19, 2011
Junior-midsize oils, particularly the gas mixed companies in southern Saskatchewan and Alberta have been decimated. Good valuation.
Junior-midsize oils, particularly the gas mixed companies in southern Saskatchewan and Alberta have been decimated. Good valuation.
John Zechner
Chairman, J. Zechner & Assoc
Price
$7.650
Owned
Yes
DON'T BUY
DON'T BUY
August 19, 2011
Well managed, but too much gas. Have some gas liquids and light oil but he is shying away from anything with gas in it. Yield's not bad.
Well managed, but too much gas. Have some gas liquids and light oil but he is shying away from anything with gas in it. Yield's not bad.
David Cockfield
Managing Director, Northland Wealth Management
Price
$7.650
Owned
Yes
TOP PICK
TOP PICK
August 18, 2011
Midsize exploration and production company in Alberta. Just bought 130,000 rights to drill a new level in a deep zone called Duvernay in the Pembina area.
Midsize exploration and production company in Alberta. Just bought 130,000 rights to drill a new level in a deep zone called Duvernay in the Pembina area.
Peter Brieger
Chairman & Chief Executive Officer, GlobeInvestment Capital Management
Price
$7.740
Owned
Yes
PAST TOP PICK
PAST TOP PICK
August 10, 2011
(A Top Pick June 10/10. Down 15.58%.)
(A Top Pick June 10/10. Down 15.58%.)
Mason Granger
Portfolio Manager, Sentry Investments
Price
$7.560
Owned
Unknown
BUY
BUY
August 2, 2011
55%-45% gas to crude. Have been announcing some favourable discovery results in some of their wells. Very nice yield at close to 6%. Attractive entry point at this level.
55%-45% gas to crude. Have been announcing some favourable discovery results in some of their wells. Very nice yield at close to 6%. Attractive entry point at this level.
Christine Poole
CEO & Managing Director, GlobeInvest Capital Management
Price
$9.060
Owned
Yes
TOP PICK
TOP PICK
July 20, 2011
(A Top Pick July 14/10. Up 15.17%.) Natural gas oriented. Hit a big well in the Montney area, producing ample liquids along with natural gas. Have 160 drilling locations here. Expected to produce 8000 BOE's a day over and above current 40,000 in 18 months. Target of $13.
(A Top Pick July 14/10. Up 15.17%.) Natural gas oriented. Hit a big well in the Montney area, producing ample liquids along with natural gas. Have 160 drilling locations here. Expected to produce 8000 BOE's a day over and above current 40,000 in 18 months. Target of $13.
Peter Brieger
Chairman & Chief Executive Officer, GlobeInvestment Capital Management
Price
$9.680
Owned
Yes
BUY
BUY
July 18, 2011
Likes it and thinks we will see some production growth in the second half.
Likes it and thinks we will see some production growth in the second half.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$8.990
Owned
Yes
HOLD
HOLD
July 14, 2011
There are several good things happening here. Appetite for risk has pulled back substantially, so good companies like this have pulled back even though the commodity prices have held in well. Worth substantially more than what it is trading at now.
There are several good things happening here. Appetite for risk has pulled back substantially, so good companies like this have pulled back even though the commodity prices have held in well. Worth substantially more than what it is trading at now.
Ben Cheng
President and Chief Investment Officer, Aston Hill Financial Ltd.
Price
$9.040
Owned
Yes
HOLD
HOLD
July 13, 2011
Pretty high dividend payout after converting from a trust. Good package of assets that is balanced in liquids and natural gas. Good management. Operational results still need some improvement, which will take time.
Pretty high dividend payout after converting from a trust. Good package of assets that is balanced in liquids and natural gas. Good management. Operational results still need some improvement, which will take time.
Jim Huang
President, T.I.P. Wealth Management
Price
$9.030
Owned
No
HOLD
HOLD
July 12, 2011
Energy group has been the worst group since March. Pipeline has done well. To switch would be selling low and buying high. The trade is ok but the timing is not right.
Energy group has been the worst group since March. Pipeline has done well. To switch would be selling low and buying high. The trade is ok but the timing is not right.
Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$8.980
Owned
Unknown
BUY
BUY
July 8, 2011
Likes this company. Well-established. An up-and-coming potential senior E&P company. Yield of about 6.4%.
Likes this company. Well-established. An up-and-coming potential senior E&P company. Yield of about 6.4%.
Irwin Michael, B.Com, MBA
Portfolio Manager, ABC Funds
Price
$9.340
Owned
Yes
SELL
SELL
July 8, 2011
His model price is $4.55. Dividend of 6.42%. Slated to make no money but to lose five cents this year and $.20 in 2012. This company has failed his solvency test.
His model price is $4.55. Dividend of 6.42%. Slated to make no money but to lose five cents this year and $.20 in 2012. This company has failed his solvency test.
Brian Acker, CA
Chief Executive Officer, President and Chief Inves, Acker Finley Inc.
Price
$9.340
Owned
No
TOP PICK
TOP PICK
June 30, 2011
In revenues it is about 50% oil and 50% gas. Reserves are growing nicely and pretty well managed. Stock had a big pullback so it's a great entry point. 6.5% yield.
In revenues it is about 50% oil and 50% gas. Reserves are growing nicely and pretty well managed. Stock had a big pullback so it's a great entry point. 6.5% yield.
Rick Stuchberry
Portfolio Manager, Wellington-Altus Private Wealth
Price
$9.350
Owned
Yes
BUY
BUY
June 6, 2011
A good solid name. Dividend is safe. Reasonable upside by holding it.
A good solid name. Dividend is safe. Reasonable upside by holding it.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$9.810
Owned
Yes
TOP PICK
TOP PICK
June 2, 2011
(A Top Pick June 15/10. Up 3.15%.) Had expected a larger gain on this one. 60% in natural gas and the poor prices did it in. 6% yield. Well placed in the deep basin which is prolific in terms of liquefied natural gas.