Latest Expert Opinions

Signal
Opinion
Expert
WAIT
WAIT
July 28, 2017

He likes the service sector, but if he is right and the price of oil is going down below $40, these stocks get hurt more. They are high beta securities. This company has a nice investment in Kean, the US assets, which almost equals the amount of debt they have. At the end of Q1, BV was $2.62. Feels this is going to be very attractive in the next cycle. Feels the stock could come down below $2.

He likes the service sector, but if he is right and the price of oil is going down below $40, these stocks get hurt more. They are high beta securities. This company has a nice investment in Kean, the US assets, which almost equals the amount of debt they have. At the end of Q1, BV was $2.62. Feels this is going to be very attractive in the next cycle. Feels the stock could come down below $2.

Josef Schachter
President, Schachter Asset Management
Price
$3.760
Owned
No
COMMENT
COMMENT
July 28, 2017

Will they be raising their dividends? They have 3 conditions before raising dividends. 1.) Balance sheet being repaired, which has been done. 2.) Getting free cash flow in order to have money on a sustainable basis. 3.) Stabilization of the commodity, which he feels won’t be until 2018. This is now trading at a discount to BV, so it is a cheap stock, but expects it will get somewhat cheaper in Q4.

Husky Energy (HSE-T)
July 28, 2017

Will they be raising their dividends? They have 3 conditions before raising dividends. 1.) Balance sheet being repaired, which has been done. 2.) Getting free cash flow in order to have money on a sustainable basis. 3.) Stabilization of the commodity, which he feels won’t be until 2018. This is now trading at a discount to BV, so it is a cheap stock, but expects it will get somewhat cheaper in Q4.

Josef Schachter
President, Schachter Asset Management
Price
$14.580
Owned
Unknown
WAIT
WAIT
July 28, 2017

This is cheap. BV is over $17. They announced the results for Q2, 90% oil, 175,600 BOE’s day. They have net income of $.15 versus a loss of $.45 a year ago. The problem is, they have $4 billion in debt. If the price of oil goes down, how do they service the debt and how do they keep their volumes up. They are on a treadmill trying to keep their numbers up. If the price of oil comes down by $10-$15, they are not going to be able to keep that treadmill up. If oil goes below $40 like he expects, you will be able to buy the stock at under $8.

This is cheap. BV is over $17. They announced the results for Q2, 90% oil, 175,600 BOE’s day. They have net income of $.15 versus a loss of $.45 a year ago. The problem is, they have $4 billion in debt. If the price of oil goes down, how do they service the debt and how do they keep their volumes up. They are on a treadmill trying to keep their numbers up. If the price of oil comes down by $10-$15, they are not going to be able to keep that treadmill up. If oil goes below $40 like he expects, you will be able to buy the stock at under $8.

Josef Schachter
President, Schachter Asset Management
Price
$9.900
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
July 28, 2017

(A Top Pick Jan 9/17. Down 22%.)

(A Top Pick Jan 9/17. Down 22%.)

Josef Schachter
President, Schachter Asset Management
Price
$2.940
Owned
No
PAST TOP PICK
PAST TOP PICK
July 28, 2017

(A Top Pick Jan 9/17. Down 47%.) This is going to be a great stock to own for the next business cycle. They’ve been selling assets to get their debt under control. They’ll see volume growth by the 4th quarter.

(A Top Pick Jan 9/17. Down 47%.) This is going to be a great stock to own for the next business cycle. They’ve been selling assets to get their debt under control. They’ll see volume growth by the 4th quarter.

Josef Schachter
President, Schachter Asset Management
Price
$0.980
Owned
No
PAST TOP PICK
PAST TOP PICK
July 28, 2017

(A Top Pick Jan 9/17. Up 7%.) This is in Egypt and doing about 4000 BTE’s a day. They’ve made some very nice discoveries. They have drilling both in Morocco and Egypt.

(A Top Pick Jan 9/17. Up 7%.) This is in Egypt and doing about 4000 BTE’s a day. They’ve made some very nice discoveries. They have drilling both in Morocco and Egypt.

Josef Schachter
President, Schachter Asset Management
Price
$0.740
Owned
Yes
WAIT
WAIT
July 28, 2017

In Q1 they did 21,455 BOE’s a day. This is the 4th company this team has led. They build these from nothing to 3000, 4000, 5000 BOE’s a day and then sell. Just did an acquisition late last year, 65,000, from Arc Resources (ARX-T), which made them a very focused player in Saskatchewan. They are 93% oil. Insiders are very large shareholders, owning over 10% of the company. A table pounding buy under $4.

In Q1 they did 21,455 BOE’s a day. This is the 4th company this team has led. They build these from nothing to 3000, 4000, 5000 BOE’s a day and then sell. Just did an acquisition late last year, 65,000, from Arc Resources (ARX-T), which made them a very focused player in Saskatchewan. They are 93% oil. Insiders are very large shareholders, owning over 10% of the company. A table pounding buy under $4.

Josef Schachter
President, Schachter Asset Management
Price
$6.510
Owned
Unknown