Opinions by Michael Giordano | StockChase
339
Michael Giordano

VP Investments & Portfolio Manager

ON STOCKCHASE SINCE May 2012



Opinions by Michael Giordano


Signal Opinion Expert Chart

2013-10-08

N/A
A Comment -- General Comments From an Expert 

Economy. IMF lowered their growth outlook for the global economy from 3.1% to 2.9% for 2013 and 3.20% to 2.6% for 2014. This is because of the Washington induced uncertainty that has come out which is creating uncertainty globally. This is not the 1st time that Washington has had challenges in terms of debt ceilings or budgets. If the market sells off between 3%-7%, it is a healthy level to get back in.

Michael Giordano

VP Investments & Portfolio Manager, 

Price: $0.020
Owned: _N/A

Must be logged in to use chart

2013-10-08

N/A
A Comment -- General Comments From an Expert 

Crude oil. Believes $103 price is sustainable. Geopolitical tensions (Syria) pushed the prices north of $110 a barrel and then once the Russians and Syria struck a deal so that the US would not invade, the price pulled back to $103 level. $95 to $105 level is healthy for oil. As global economies recover this bodes well for oil.

Michael Giordano

VP Investments & Portfolio Manager, 

Price: $0.020
Owned: _N/A

Must be logged in to use chart

2013-10-08

BUY
Canada Carbon Inc (CCB-X)

Likes the graphite space quite a bit. There is a move towards using graphite in electric vehicles and batteries, so the space is doing quite well. Have 4 deposits in Ontario with good proximity to infrastructure. Excellent management team.

Mining
Michael Giordano

VP Investments & Portfolio Manager, 

Price: $0.240
Owned: Yes

Must be logged in to use chart

2013-10-08

HOLD
Coastal Energy (CEN-T (Dead2))

Thailand-based producer of onshore and offshore oil. Producing about 20,000-25,000 barrels a day so are generating excellent cash flows because they get Brent pricing. About a year ago, a Thailand-based company was interested in them and recently there are rumours that a Hong Kong-based company is also interested. They are looking at a price of around $21 but he thinks the assets are worth $21-$25.

oil/gas
Michael Giordano

VP Investments & Portfolio Manager, 

Price: $18.210
Owned: Unknown

Must be logged in to use chart

2013-10-08

WAIT
Emera Inc (EMA-T)

Good name. They are in utilities. Nova Scotia utility is their main asset, but they also have pipelines in the East Coast. They are making an acquisition of New England Power of about $540 million, so the short-term concern is that they may have to come to the market to make an equity issue. An equity issue would be the time to step into this name.

mngmnt/diversified
Michael Giordano

VP Investments & Portfolio Manager, 

Price: $29.370
Owned: Unknown

Must be logged in to use chart

2013-10-08

PAST TOP PICK
First Quantum Minerals (FM-T)

(A Top Pick Oct 9/12. Down 15.26%.)

integrated mines
Michael Giordano

VP Investments & Portfolio Manager, 

Price: $17.550
Owned: Yes

Must be logged in to use chart

2013-10-08

HOLD
Fortis Inc. (FTS-T)

Likes this as a utility play. Natural gas utility in BC and have a number of other assets, including real estate and Caribbean utilities as well. They’ll get paid because they generate the power electricity and get paid by contract. They’ll have to fund the acquisition of the New York company but the markets are healthy for equity issues these days. 4% dividend yield. Could flirt with $35 in the next year.

electrical utilities
Michael Giordano

VP Investments & Portfolio Manager, 

Price: $30.940
Owned: Unknown

Must be logged in to use chart

2013-10-08

TOP PICK
Gibson Energy (GEI-T)

Likes the services to the oil and gas companies. With the total CapX programs, about $250 million this year, it will result in additional cash flows.

pipelines
Michael Giordano

VP Investments & Portfolio Manager, 

Price: $24.430
Owned: Yes

Must be logged in to use chart

2013-10-08

HOLD
Lightstream Resources (LTS-T (Delisted)

Believes they have some of the best assets in the Alberta region in their Cardium lands, as well as in Saskatchewan in the Bakken. Dividend yield is something like 13% and this is because they have a very high debt level of about $2.2 billion, which represents about 3.4X debt to cash flow. They have a 90% investment in Trial (?), which is going to be taken over by a Polish company which should help to pay down the debt.

oil/gas
Michael Giordano

VP Investments & Portfolio Manager, 

Price: $7.310
Owned: Unknown

Must be logged in to use chart

2013-10-08

TOP PICK
Trinidad Drilling Ltd (TDG-T)

Rigs in be moved from one area to another. As much as 60% of the contracts are long-term “take or pay” and are positioned in high demand areas. Recently entered Saudi Arabia on a joint venture.

oil/gas field services
Michael Giordano

VP Investments & Portfolio Manager, 

Price: $10.180
Owned: Yes

Must be logged in to use chart

2013-10-08

COMMENT
Teck Resources Ltd. (B) (TECK.B-T)

This is one of his favourite holdings in mining. Diversified with exposure to both copper and met coal and they also have some oil sand leases with their interest in the Fort Hills. This is tied to the global economy. The Chinas of the world continue to grow. They are growing at 7.5% per year, compared to 10% before, however it is still absolute growth.

precious metals
Michael Giordano

VP Investments & Portfolio Manager, 

Price: $26.560
Owned: Yes

Must be logged in to use chart

2013-10-08

BUY
Trilogy Energy Corp (TET-T (Dead))

Likes this name. Big in the Duvernay lands in the deep basin of Alberta. Recently raised a couple of hundred million. Producing over 20,000 barrels per day of oil and gas. Because of the hot Duvernay, he thinks they are in the right spot with the right pockets. Can see this in the mid-$30s in 12 months.

oil/gas
Michael Giordano

VP Investments & Portfolio Manager, 

Price: $27.650
Owned: Unknown

Must be logged in to use chart

2013-10-08

BUY
Talisman Energy (TLM-T (Dead))

It’s a sign of the times that US investors are finally seeing some of the opportunities in Canadian energy names. This has a bunch of assets globally, including Canada with their Duvernay/Montney along with the UK North sea. The prize is the Southeast Asian assets that they have. If this goes, it will go at North of $15.

oil/gas
Michael Giordano

VP Investments & Portfolio Manager, 

Price: $12.890
Owned: Unknown

Must be logged in to use chart

2013-10-08

TOP PICK
Vermilion Energy Inc (VET-T)

Likes its operations in Canada, Australia and Western Europe, particularly because of the international diversification. Dividend yield of 4.6%. Simple payout ratio of 35%. The “all in payout ratio” is at 100% and allows for better cash flow as well as stable and reliable growth in dividends.

oil/gas
Michael Giordano

VP Investments & Portfolio Manager, 

Price: $56.940
Owned: Yes

Must be logged in to use chart

2013-10-08

PAST TOP PICK
Whitecap Resources (WCP-T)

(A Top Pick Oct 9/12. Up 58.99%.)

Oil and Gas (Integrated Oils)
Michael Giordano

VP Investments & Portfolio Manager, 

Price: $11.860
Owned: Yes

Must be logged in to use chart
Showing 31 to 45 of 339 entries
<< < 1 2 3 4 5 > >>

No Comments.


You must be logged in to comment.

Successfully Saved Company