Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
May 7, 2015

This has done very well since it was bought at the end of last year. A good money spinner and has a lot of potential capital increase. He can see it doing quite well.

This has done very well since it was bought at the end of last year. A good money spinner and has a lot of potential capital increase. He can see it doing quite well.

Benj Gallander
President, Contra the Heard Investment Letter
Price
$11.360
Owned
Yes
COMMENT
COMMENT
May 7, 2015

Looked at this closely, but didn’t have a tremendous amount of confidence in management. This is based on the price of nickel, what is going on in Cuba and what is happening in Madagascar. It has a lot of potential.

Looked at this closely, but didn’t have a tremendous amount of confidence in management. This is based on the price of nickel, what is going on in Cuba and what is happening in Madagascar. It has a lot of potential.

Benj Gallander
President, Contra the Heard Investment Letter
Price
$3.050
Owned
No
COMMENT
COMMENT
May 7, 2015

Not his kind of company. Has been thinking for years that it was overvalued, but it keeps on going up. It does share buybacks which makes no sense to him. They’ve taken on debt that also makes no sense to him. At some point he thinks they will have difficulties.

Apple (AAPL-Q)
May 7, 2015

Not his kind of company. Has been thinking for years that it was overvalued, but it keeps on going up. It does share buybacks which makes no sense to him. They’ve taken on debt that also makes no sense to him. At some point he thinks they will have difficulties.

Benj Gallander
President, Contra the Heard Investment Letter
Price
$125.260
Owned
No
COMMENT
COMMENT
May 7, 2015

Has a lot of confidence in the CEO who has a good history. Just reported results and they are making money. Have about $22 million in the bank. Reduced their debt over the last 3 years from $70 million to under $4 million. His Sell target on this is $1.24.

Has a lot of confidence in the CEO who has a good history. Just reported results and they are making money. Have about $22 million in the bank. Reduced their debt over the last 3 years from $70 million to under $4 million. His Sell target on this is $1.24.

Benj Gallander
President, Contra the Heard Investment Letter
Price
$0.350
Owned
Yes
COMMENT
COMMENT
May 7, 2015

This is not one that he particularly likes. In 2010 they had about $150 million in debt and now it is about $125 million. He wonders why they don’t cut the dividend.

This is not one that he particularly likes. In 2010 they had about $150 million in debt and now it is about $125 million. He wonders why they don’t cut the dividend.

Benj Gallander
President, Contra the Heard Investment Letter
Price
$11.080
Owned
No
TOP PICK
TOP PICK
May 7, 2015

This is a drilling company. Revenues have dropped from $77 million last year to about $50 million. Have also cut back on their capital plan and their dividend which makes sense. His concern was that the debt load had crept up to about $55 million, but they have now cut that back to $38 million. Very smart management.

This is a drilling company. Revenues have dropped from $77 million last year to about $50 million. Have also cut back on their capital plan and their dividend which makes sense. His concern was that the debt load had crept up to about $55 million, but they have now cut that back to $38 million. Very smart management.

Benj Gallander
President, Contra the Heard Investment Letter
Price
$2.190
Owned
Yes
TOP PICK
TOP PICK
May 7, 2015

They are in the software and training space for nuclear, oil, gas and chemicals. Revenues and backlog went up this past quarter. Acquired another company, which he is usually wary about, but they have been working with them for 4 years. Thinks revenues are going to go up 25%-50% in the next couple of quarters. Good management. He thinks nuclear will come back. Have no debt. His Sell target is $5.74.

They are in the software and training space for nuclear, oil, gas and chemicals. Revenues and backlog went up this past quarter. Acquired another company, which he is usually wary about, but they have been working with them for 4 years. Thinks revenues are going to go up 25%-50% in the next couple of quarters. Good management. He thinks nuclear will come back. Have no debt. His Sell target is $5.74.

Benj Gallander
President, Contra the Heard Investment Letter
Price
$1.480
Owned
Yes