Daylight Energy Ltd

DAY-T

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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.

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

PAST TOP PICK
PAST TOP PICK
August 16, 2012

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

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

PAST TOP PICK
PAST TOP PICK
July 24, 2012
(A Top Pick July 20/11. Up 6.22%.) This company was acquired.
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(A Top Pick July 20/11. Up 6.22%.) This company was acquired.
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.
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(A Top Pick June 30/11. Up 9.97%.) This company was acquired. Sold his holdings at $16.
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.
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(A Top Pick July 20/11. Up 6.22%.) Acquired in Late Dec by Sinopec, a Chinese company.
PAST TOP PICK
PAST TOP PICK
May 23, 2012
(A Top Pick July 20/11. Up 13%.) Acquired by Sinopec Dec 2011.
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(A Top Pick July 20/11. Up 13%.) Acquired by Sinopec Dec 2011.
PAST TOP PICK
PAST TOP PICK
May 4, 2012
(A Top Pick June 30/11. Up 9.97%.) Acquired by Sinopec Dec 2011.
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(A Top Pick June 30/11. Up 9.97%.) Acquired by Sinopec Dec 2011.
PAST TOP PICK
PAST TOP PICK
March 22, 2012
(Top Pick Mar 14/11, Up 1.71%) Acquired.
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(Top Pick Mar 14/11, Up 1.71%) Acquired.
PAST TOP PICK
PAST TOP PICK
February 29, 2012
(A Top Pick March 14/11. Up 1.71%.)
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Daylight Energy Ltd (DAY-T)
February 29, 2012
(A Top Pick March 14/11. Up 1.71%.)
COMMENT
COMMENT
February 17, 2012
Not one of his favourites. He prefers some of the bigger names.
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Daylight Energy Ltd (DAY-T)
February 17, 2012
Not one of his favourites. He prefers some of the bigger names.
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.
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(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.
PAST TOP PICK
PAST TOP PICK
December 22, 2011
(A Top Pick Dec 16/10. Up 6.44%.) This one is being taken out.
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Daylight Energy Ltd (DAY-T)
December 22, 2011
(A Top Pick Dec 16/10. Up 6.44%.) This one is being taken out.
PAST TOP PICK
PAST TOP PICK
December 16, 2011
(A Top Pick Dec 15/10. Up 6.76%.) Was taken out.
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Daylight Energy Ltd (DAY-T)
December 16, 2011
(A Top Pick Dec 15/10. Up 6.76%.) Was taken out.
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.
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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.
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.
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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.
SELL
SELL
October 12, 2011
Long time shareholders but she sold yesterday. Felt the price being paid was fair. Not anticipating another buyer.
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Long time shareholders but she sold yesterday. Felt the price being paid was fair. Not anticipating another buyer.
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.
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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.
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.
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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.
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.
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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.
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.
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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.
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.
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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.
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.
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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.
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.
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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.
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.
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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.
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.
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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.
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.
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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.
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.
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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.
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.
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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.
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.
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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.
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.
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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.
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.
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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.
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.
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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.
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.
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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.
BUY
BUY
August 19, 2011
Junior-midsize oils, particularly the gas mixed companies in southern Saskatchewan and Alberta have been decimated. Good valuation.
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Junior-midsize oils, particularly the gas mixed companies in southern Saskatchewan and Alberta have been decimated. Good valuation.
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.
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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.
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.
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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.
PAST TOP PICK
PAST TOP PICK
August 10, 2011
(A Top Pick June 10/10. Down 15.58%.)
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(A Top Pick June 10/10. Down 15.58%.)