Macro Enterprises

MCR-X

Analysis and Opinions about MCR-X

Signal
Opinion
Expert
SPECULATIVE BUY
SPECULATIVE BUY
November 7, 2019
It is cheap on an absolute basis and is a play on trans-mountain. You might want to wait on macro. It is a solid name but is speculative for now.
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Macro Enterprises (MCR-X)
November 7, 2019
It is cheap on an absolute basis and is a play on trans-mountain. You might want to wait on macro. It is a solid name but is speculative for now.
DON'T BUY
DON'T BUY
February 23, 2015

Competitor of Petro West and Enterprise. The sector has taken a downturn and this company has not executed as well as others.

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Macro Enterprises (MCR-X)
February 23, 2015

Competitor of Petro West and Enterprise. The sector has taken a downturn and this company has not executed as well as others.

DON'T BUY
DON'T BUY
July 30, 2014

They took a bit of a loss on a contract to engage some small guys. Does not think the next quarter will be any better. Prefers PRW-T.

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They took a bit of a loss on a contract to engage some small guys. Does not think the next quarter will be any better. Prefers PRW-T.

COMMENT
COMMENT
June 18, 2014

If you believe in BC natural gas, this is the company to play. He would prefer Enterprise Group (E-T).

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If you believe in BC natural gas, this is the company to play. He would prefer Enterprise Group (E-T).

COMMENT
COMMENT
May 28, 2014

They do a lot of pipeline work. If the LNG comes through, the stock will be a gem.

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They do a lot of pipeline work. If the LNG comes through, the stock will be a gem.

HOLD
HOLD
March 18, 2014

Knows this a bit, but is going to look at it a bit more. Think they disappointed recently so the stock has sold off. However, the numbers going forward are still positive. ROE is 57%.

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Knows this a bit, but is going to look at it a bit more. Think they disappointed recently so the stock has sold off. However, the numbers going forward are still positive. ROE is 57%.

DON'T BUY
DON'T BUY
January 28, 2014

Looks like it is in a bit of a topping situation. Had a huge parabolic move during 2013 but looks like the trend has broken. Chart is now showing a series of lower highs and lower lows and it broke through another bit of support recently. Don’t buy a falling knife.

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Macro Enterprises (MCR-X)
January 28, 2014

Looks like it is in a bit of a topping situation. Had a huge parabolic move during 2013 but looks like the trend has broken. Chart is now showing a series of lower highs and lower lows and it broke through another bit of support recently. Don’t buy a falling knife.

BUY
BUY
December 19, 2013

Has been a very good story. He took his money off the table too early. The long term outlook for them in BC is quite strong. Management lets the numbers do the talking. Expects more analysts as the market cap increase. Thinks the stock will continue to move up.

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Macro Enterprises (MCR-X)
December 19, 2013

Has been a very good story. He took his money off the table too early. The long term outlook for them in BC is quite strong. Management lets the numbers do the talking. Expects more analysts as the market cap increase. Thinks the stock will continue to move up.

BUY
BUY
December 16, 2013

Tends to be used as more of a play in LNG on the West Coast.

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Macro Enterprises (MCR-X)
December 16, 2013

Tends to be used as more of a play in LNG on the West Coast.

COMMENT
COMMENT
November 28, 2013

LNG infrastructure play. No way to play this in a large cap that is safe and secure. This is a smaller company. Bought the assets that were used to build the Transmountain/Kindor Morgan pipeline to the West coast. These are called side booms and basically are used to hold up pipelines when they are being built. Were bought for book value and are very valuable. If a West Coast gas pipeline or an oil pipeline goes ahead, this company will do very well. Well-positioned. Reported good earnings over the past 6 quarters, but it is hard to put a multiple on it because it is seasonal and cyclical.

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Macro Enterprises (MCR-X)
November 28, 2013

LNG infrastructure play. No way to play this in a large cap that is safe and secure. This is a smaller company. Bought the assets that were used to build the Transmountain/Kindor Morgan pipeline to the West coast. These are called side booms and basically are used to hold up pipelines when they are being built. Were bought for book value and are very valuable. If a West Coast gas pipeline or an oil pipeline goes ahead, this company will do very well. Well-positioned. Reported good earnings over the past 6 quarters, but it is hard to put a multiple on it because it is seasonal and cyclical.

HOLD
HOLD
October 24, 2013

Pipeline services. Came out with good earnings, but there was no analyst following them. Expects management just decided to put up the numbers and let the market come to them. It has been an unbelievable story. Believes that going forward it is going to be strong. Have taken on some very good contracts.

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Macro Enterprises (MCR-X)
October 24, 2013

Pipeline services. Came out with good earnings, but there was no analyst following them. Expects management just decided to put up the numbers and let the market come to them. It has been an unbelievable story. Believes that going forward it is going to be strong. Have taken on some very good contracts.

COMMENT
COMMENT
August 28, 2013

Very volatile. Infrastructure work in Northeast BC and Alberta. Bought a pipeline asset last year under BV. Also, their existing business has been doing very well. Trading at about 5X PE, but growing significantly year-over-year. No coverage for the stock so you’re putting a lot of faith in the financial statements.

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Very volatile. Infrastructure work in Northeast BC and Alberta. Bought a pipeline asset last year under BV. Also, their existing business has been doing very well. Trading at about 5X PE, but growing significantly year-over-year. No coverage for the stock so you’re putting a lot of faith in the financial statements.

BUY
BUY
August 22, 2013

(Market Call Minute.) On the top of his radar screen.

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(Market Call Minute.) On the top of his radar screen.

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