Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
November 15, 2013

Stock has done well and still has lots of upside in bringing on new production. If you want an alternative involved in the UK North sea, look at. Sterling Resources (SLG-X). (See Top Picks.)

Ithaca Energy Inc. (IAE-T)
November 15, 2013

Stock has done well and still has lots of upside in bringing on new production. If you want an alternative involved in the UK North sea, look at. Sterling Resources (SLG-X). (See Top Picks.)

Josef Schachter
President, Schachter Asset Management
Price
$2.460
Owned
Unknown
BUY WEAKNESS
BUY WEAKNESS
November 15, 2013

This is a trophy story, one of the premier valuations and one of the highest valuation stories but he would wait for a buying opportunity, especially in light of his remarks on oil prices.

Tourmaline Oil Corp (TOU-T)
November 15, 2013

This is a trophy story, one of the premier valuations and one of the highest valuation stories but he would wait for a buying opportunity, especially in light of his remarks on oil prices.

Josef Schachter
President, Schachter Asset Management
Price
$42.090
Owned
Unknown
COMMENT
COMMENT
November 15, 2013

The service sector will get hurt by lower oil prices. Industry has been focused on drilling all these horizontal wells and using Fracing services because of the high oil price. If oil prices come down, cash flows will come down and budgets will come down.

The service sector will get hurt by lower oil prices. Industry has been focused on drilling all these horizontal wells and using Fracing services because of the high oil price. If oil prices come down, cash flows will come down and budgets will come down.

Josef Schachter
President, Schachter Asset Management
Price
$31.510
Owned
Unknown
HOLD
HOLD
November 15, 2013

Likes the company. They’ve made some acquisitions and are moving more and more towards liquids. Have done very, very well. Probably doing about 3200-3300 BOEs a day. NAV at the end of last year was $4.28 so it still has room to go. Low-cost operator. He has a $5 target.

Likes the company. They’ve made some acquisitions and are moving more and more towards liquids. Have done very, very well. Probably doing about 3200-3300 BOEs a day. NAV at the end of last year was $4.28 so it still has room to go. Low-cost operator. He has a $5 target.

Josef Schachter
President, Schachter Asset Management
Price
$3.750
Owned
No
BUY WEAKNESS
BUY WEAKNESS
November 15, 2013

Gives it an A for low valuation at 11X forward earnings. Growing at about 3.9%, which is in line with its peers so he would give that a B. Leverage of about 56% of Fair Value is a little high. Payout ratio of about 90%, which is average. Adding it all up, this is not bad. If you can get it at $17, you can start nibbling at it.

Gives it an A for low valuation at 11X forward earnings. Growing at about 3.9%, which is in line with its peers so he would give that a B. Leverage of about 56% of Fair Value is a little high. Payout ratio of about 90%, which is average. Adding it all up, this is not bad. If you can get it at $17, you can start nibbling at it.

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$18.380
Owned
Unknown
BUY
BUY
November 15, 2013

Right now banks are a very good place to be. They have dividend growth, stock splits might happen, buyback potential, high dividends and US Shorts have to buy positions back. He likes this one a lot. ROE’s are amongst the highest. Capital ratios are amongst the highest. PE is amongst the lowest. Dividend is amongst the highest.

Right now banks are a very good place to be. They have dividend growth, stock splits might happen, buyback potential, high dividends and US Shorts have to buy positions back. He likes this one a lot. ROE’s are amongst the highest. Capital ratios are amongst the highest. PE is amongst the lowest. Dividend is amongst the highest.

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$90.920
Owned
Unknown
BUY WEAKNESS
BUY WEAKNESS
November 15, 2013

On valuation, this one is at about 11.8 X forward, which he would give an A for. Payout ratio is 93%, which he would give a B. Growth rate is not so good at 1.2% over the next 2 years so he would give this a C. Balance sheet is improving with fair value at about 41%, which he would give as a B+. You could buy this one on a pull back.

Dream Office REIT (D.UN-T)
November 15, 2013

On valuation, this one is at about 11.8 X forward, which he would give an A for. Payout ratio is 93%, which he would give a B. Growth rate is not so good at 1.2% over the next 2 years so he would give this a C. Balance sheet is improving with fair value at about 41%, which he would give as a B+. You could buy this one on a pull back.

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$28.570
Owned
Unknown