Latest Expert Opinions

Signal
Opinion
Expert
STRONG BUY
STRONG BUY
March 13, 2014

Thought about having this as a Top Pick. You should see massive expansion of volumes of 20,000 BOEs a day up to 70,000 over the next year or so as they bring on their Muzro (?) gas plant. That is the big risk. Does this come on in time by June and will the production start to kick in. If they meet their goals, he thinks this could easily be a $70 stock in 2 years.

Thought about having this as a Top Pick. You should see massive expansion of volumes of 20,000 BOEs a day up to 70,000 over the next year or so as they bring on their Muzro (?) gas plant. That is the big risk. Does this come on in time by June and will the production start to kick in. If they meet their goals, he thinks this could easily be a $70 stock in 2 years.

Robert Lauzon
Deputy Chief Investment Officer, Middlefield Capital Corporation
Price
$45.380
Owned
Yes
HOLD
HOLD
March 13, 2014

His internal target price is about $18. There was insider buying at the $12 level and he added to his position and this has worked out quite well. If gas can hold in the $4.50 range, he believes this would be an $18 stock. 5.3% yield.

His internal target price is about $18. There was insider buying at the $12 level and he added to his position and this has worked out quite well. If gas can hold in the $4.50 range, he believes this would be an $18 stock. 5.3% yield.

Robert Lauzon
Deputy Chief Investment Officer, Middlefield Capital Corporation
Price
$15.710
Owned
Yes
TOP PICK
TOP PICK
March 13, 2014

(His 3 Top Picks are all based on continuing strength in natural gas prices.) Has recently been drilling some very good wells in the Wilrich where they are partnered with Bonavista (BNP-T). As well there are more results out of their delineation of their Simonette properties both to the West and to the North. If those are successful in the next month or so, that will show that their Simonette has actually more scale to it. Has been a laggard in the market, but is finally getting a little respect. Thinks the upside is $3 a share. Canada Pension Plan’s recent investment gave it a very strong stamp of approval.

(His 3 Top Picks are all based on continuing strength in natural gas prices.) Has recently been drilling some very good wells in the Wilrich where they are partnered with Bonavista (BNP-T). As well there are more results out of their delineation of their Simonette properties both to the West and to the North. If those are successful in the next month or so, that will show that their Simonette has actually more scale to it. Has been a laggard in the market, but is finally getting a little respect. Thinks the upside is $3 a share. Canada Pension Plan’s recent investment gave it a very strong stamp of approval.

Robert Lauzon
Deputy Chief Investment Officer, Middlefield Capital Corporation
Price
$2.200
Owned
Unknown
TOP PICK
TOP PICK
March 13, 2014

(His 3 Top Picks are all based on continuing strength in natural gas prices.) A management team where he has made a lot of money on another operation that was acquired by Exxon. Has a lot of respect for management. Very prudent in the way they manage their inventory of projects. Mostly unhedged so in the last month or so, they were getting over $10 for their gas on a daily basis. Expects to see great cash flow out of this company. S&P comes out with their Index inclusion tomorrow and he thinks they will make the test and be included in the TSX Composite, which will bring in a lot of new investors into this company.

(His 3 Top Picks are all based on continuing strength in natural gas prices.) A management team where he has made a lot of money on another operation that was acquired by Exxon. Has a lot of respect for management. Very prudent in the way they manage their inventory of projects. Mostly unhedged so in the last month or so, they were getting over $10 for their gas on a daily basis. Expects to see great cash flow out of this company. S&P comes out with their Index inclusion tomorrow and he thinks they will make the test and be included in the TSX Composite, which will bring in a lot of new investors into this company.

Robert Lauzon
Deputy Chief Investment Officer, Middlefield Capital Corporation
Price
$12.230
Owned
Yes
TOP PICK
TOP PICK
March 13, 2014

(His 3 Top Picks are all based on continuing strength in natural gas prices.) Likes the way management has operated in other operations, using very low debt and very prudent management. This is a play on “dry gas” as opposed to “liquids rich” gas, which is a bit higher cost, but no one is buying dry gas so they are getting their properties very cheap. Hopes to see a dividend come into this company over the next year. Can see this being a $2 stock if gas cooperates.

(His 3 Top Picks are all based on continuing strength in natural gas prices.) Likes the way management has operated in other operations, using very low debt and very prudent management. This is a play on “dry gas” as opposed to “liquids rich” gas, which is a bit higher cost, but no one is buying dry gas so they are getting their properties very cheap. Hopes to see a dividend come into this company over the next year. Can see this being a $2 stock if gas cooperates.

Robert Lauzon
Deputy Chief Investment Officer, Middlefield Capital Corporation
Price
$1.290
Owned
Unknown
DON'T BUY
DON'T BUY
March 13, 2014

Technically, right now, the trend for the stock is down. Also, it is underperforming the Canadian market. It is also trading below its 20 day moving average.

Technically, right now, the trend for the stock is down. Also, it is underperforming the Canadian market. It is also trading below its 20 day moving average.

Don Vialoux
Research Analyst, TimingTheMarket.CA & EquityClock.COM
Price
$54.470
Owned
Unknown
WAIT
WAIT
March 13, 2014

Chart shows that the trend is on the upside and it is trading slightly better than the TSE Composite. Trading below its 20 day moving average. You want to wait until the stock starts showing signs of support. That would probably come close to the $45 level where support was previously indicated.

BCE Inc. (BCE-T)
March 13, 2014

Chart shows that the trend is on the upside and it is trading slightly better than the TSE Composite. Trading below its 20 day moving average. You want to wait until the stock starts showing signs of support. That would probably come close to the $45 level where support was previously indicated.

Don Vialoux
Research Analyst, TimingTheMarket.CA & EquityClock.COM
Price
$47.100
Owned
Unknown