Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
August 9, 2016

A camp accommodation provider for oil companies. Apart from their problems in Fort McMurray, the company is actually doing the right things to get away from the sensitivity of the oil sands accommodations, so they have a new box modular division for building accommodations for non-energy companies. A well-run company, and not too expensive. Pays a pretty good dividend.

A camp accommodation provider for oil companies. Apart from their problems in Fort McMurray, the company is actually doing the right things to get away from the sensitivity of the oil sands accommodations, so they have a new box modular division for building accommodations for non-energy companies. A well-run company, and not too expensive. Pays a pretty good dividend.

James Rife
Head of Canadian Equities, Canalyst Financial Modeling Corp
Price
$2.050
Owned
Unknown
COMMENT
COMMENT
August 9, 2016

A natural gas producer, and one of the fastest-growing ones. They have gone from producing 5,000-10,000 barrels a day, to almost 40,000 by the end of this year. Have had huge growth and have used some leverage to achieve that, but gas prices are really, really strong this summer. The natural gas market needed that demand in order to have a storage reset, and it looks like we are getting one. Because of that, this company’s leverage metrics look a lot better, and can actually keep growing from 40,000 barrels a day onwards.

A natural gas producer, and one of the fastest-growing ones. They have gone from producing 5,000-10,000 barrels a day, to almost 40,000 by the end of this year. Have had huge growth and have used some leverage to achieve that, but gas prices are really, really strong this summer. The natural gas market needed that demand in order to have a storage reset, and it looks like we are getting one. Because of that, this company’s leverage metrics look a lot better, and can actually keep growing from 40,000 barrels a day onwards.

James Rife
Head of Canadian Equities, Canalyst Financial Modeling Corp
Price
$8.330
Owned
Unknown
COMMENT
COMMENT
August 9, 2016

This is a really good mix of defence and offense. It has a really good balance sheet and low decline rates. Every year they don’t have to grow many wells to keep production flat. Operating costs are little bit higher, at about $20 a barrel, so they don’t make a ton of money with oil at $40 a barrel, but they don’t really need to. If you have a 5-year view on oil that it gets back to $50-$60, then the risk/reward is very good here.

This is a really good mix of defence and offense. It has a really good balance sheet and low decline rates. Every year they don’t have to grow many wells to keep production flat. Operating costs are little bit higher, at about $20 a barrel, so they don’t make a ton of money with oil at $40 a barrel, but they don’t really need to. If you have a 5-year view on oil that it gets back to $50-$60, then the risk/reward is very good here.

James Rife
Head of Canadian Equities, Canalyst Financial Modeling Corp
Price
$9.430
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
August 9, 2016

(A Top Pick April 25/16. Up 16.15%.) A small investment management firm. Historically they have done very well in investing in both public and private oil companies, and buying and selling assets. They delivered a special $2 dividend to shareholders in June. He is a little less bullish on this now. Trading at a slight discount to Book, but not as much as before. Feels there are more interesting alternatives now.

Clarke Inc. (CKI-T)
August 9, 2016

(A Top Pick April 25/16. Up 16.15%.) A small investment management firm. Historically they have done very well in investing in both public and private oil companies, and buying and selling assets. They delivered a special $2 dividend to shareholders in June. He is a little less bullish on this now. Trading at a slight discount to Book, but not as much as before. Feels there are more interesting alternatives now.

James Rife
Head of Canadian Equities, Canalyst Financial Modeling Corp
Price
$9.100
Owned
No
PAST TOP PICK
PAST TOP PICK
August 9, 2016

(A Top Pick April 25/16. Down 6.87%.) Operates 3 casino properties in Alberta. One of its main properties was in Fort McMurray. Since he recommended this, they trimmed their dividend, a correct move because of the uncertainty. They have now reopened the properties. When a stock doesn’t go down that much with a whole bunch of negative news, the market is looking past the shorter term events.

Gamehost Inc (GH-T)
August 9, 2016

(A Top Pick April 25/16. Down 6.87%.) Operates 3 casino properties in Alberta. One of its main properties was in Fort McMurray. Since he recommended this, they trimmed their dividend, a correct move because of the uncertainty. They have now reopened the properties. When a stock doesn’t go down that much with a whole bunch of negative news, the market is looking past the shorter term events.

James Rife
Head of Canadian Equities, Canalyst Financial Modeling Corp
Price
$9.910
Owned
No
PAST TOP PICK
PAST TOP PICK
August 9, 2016

(A Top Pick April 25/16. Up 14.93%.) Owns a land registry in Saskatchewan, so any transaction for housing or corporate or personal goes through them. Investors are looking for businesses that have a long duration, or really long life assets. Because it is stable and pays a dividend of almost 5%, investors are willing to pay a higher price for it. There is still probably another leg up from here.

(A Top Pick April 25/16. Up 14.93%.) Owns a land registry in Saskatchewan, so any transaction for housing or corporate or personal goes through them. Investors are looking for businesses that have a long duration, or really long life assets. Because it is stable and pays a dividend of almost 5%, investors are willing to pay a higher price for it. There is still probably another leg up from here.

James Rife
Head of Canadian Equities, Canalyst Financial Modeling Corp
Price
$16.900
Owned
No
COMMENT
COMMENT
August 9, 2016

Has been a bit of a turnaround story. The industry was really competitive for a lot of years. They have put up a number of good quarters in a row, and has a pretty high dividend. This is more likely than not, to continue.

Has been a bit of a turnaround story. The industry was really competitive for a lot of years. They have put up a number of good quarters in a row, and has a pretty high dividend. This is more likely than not, to continue.

James Rife
Head of Canadian Equities, Canalyst Financial Modeling Corp
Price
$6.360
Owned
Unknown