Opinions by Adam Thomas | StockChase
23
Adam Thomas

Vice President & Portfolio Manager

ON STOCKCHASE SINCE Oct 2007

Qwest Fund Management
Suite 700744 - 4th Avenue S.W.Calgary, ALT2P 3T4
http://www.qwestfunds.com/


Opinions by Adam Thomas



ABOUT CHARTS : These are thumbnail sketches of the stock prices, from the time of the opinions. The charts are not detailed, and are meant only to give an oveview (note the number of datapoints). The charts show one month of information or up to six months if you are a subscriber. Recent opinions will obviously have fewer datapoints then older opinions.


You are not seeing charts because you haven't logged in or haven't opted in

Signal Opinion Expert Chart

2007-10-05

SELL
Petrominerales Ltd. (PMG-T (Dead))
Have been in Colombia for quite some time and have had pretty significant discoveries in the Llanos Basin. Stock has been running lately because they are drilling the Corcel 2 well, which should be down probably in the next 2, 3 weeks. Getting expensive at these levels and he would suggest you take some profits.
oil/gas
Adam Thomas

Vice President & Portfolio Manager, Qwest Fund Management

Price: $17.270
Owned: Yes

Must be logged in to use chart

2007-10-05

SELL
Perpetual Energy (PMT-T)
Would not be an owner of this one right now. He would look at an affiliated company Paramount Resources (POU-T). It doesn't pay a distribution, but is probably one of the stronger energy names.
oil/gas
Adam Thomas

Vice President & Portfolio Manager, Qwest Fund Management

Price: $7.840
Owned: No

Must be logged in to use chart

2007-10-05

BUY
Paramount Resources (POU-T)
One of the stronger energy names in the oil patch. Produce about 18,000 barrels and have about $150 million in cash. In a weaker Canadian market, it is a safer place to be.
oil/gas
Adam Thomas

Vice President & Portfolio Manager, Qwest Fund Management

Price: $17.690
Owned: Yes

Must be logged in to use chart

2007-10-05

SELL
PetroChina (PTR-N)
A subsidiary of the Chinese National Oil Company. Biggest and most profitable company in China. Very strong internationally. Essentially a duopoly in China and basically control the wholesale/retail market with Cinipaq. Stock is known to pull back hard, so would take some profits and buy back in the $150 range.
integrated oils
Adam Thomas

Vice President & Portfolio Manager, Qwest Fund Management

Price: $190.830
Owned: Yes

Must be logged in to use chart

2007-10-05

SELL
Prime West Energy Trust (PWI.UN-T)
Has been the subject of her recent takeover from Abu Dhabi’s Taqa. It is almost trading at the deal price. Holding it for the next couple of months will give you a limited distribution. There is a slight bit of deal risk because of Alberta’s royalty review. He suggests you take your profits and run.
investment companies/funds
Adam Thomas

Vice President & Portfolio Manager, Qwest Fund Management

Price: $26.290
Owned: No

Must be logged in to use chart

2007-10-05

BUY
Talisman Energy (TLM-T (Dead))
Has been a value trap. Trades at about 4.4X cash flow compared to the average of about 5.9. International focused and with the recent royalty review in Alberta this could be a breakout year for them. Sold about $1 billion of Canadian assets and have been buying back stock. Have some new, exciting permits in Peru and Colombia. Diversification is tremendous.
oil/gas
Adam Thomas

Vice President & Portfolio Manager, Qwest Fund Management

Price: $19.430
Owned: No

Must be logged in to use chart

2007-10-05

BUY
Tusk Energy (TSK-T)
As dropped down way below its intrinsic value and could be a takeout. Low multiple at 2.5X cash flow. Expect it will be gone in a next 5 to 6 months at a nice premium.
oil/gas
Adam Thomas

Vice President & Portfolio Manager, Qwest Fund Management

Price: $1.380
Owned: Yes

Must be logged in to use chart

2007-10-05

TOP PICK
Western Oil Sands Inc. (WTO-T)
Being acquired by Marathon (MRO-N). He is buying it for the sum of the parts of the valuation. Basically what you are getting with the Marathon take out is cash and about 33% of stock. You also get a junior international exploreco, Western Zagros in Kurdistan, where there are significant light oil deposits. Market is not fully valuing this company.
oil/gas
Adam Thomas

Vice President & Portfolio Manager, Qwest Fund Management

Price: $38.450
Owned: Yes

Must be logged in to use chart
Showing 16 to 23 of 23 entries
<< < 1 2 > >>

No Comments.


You must be logged in to comment.

Successfully Saved Company