Today, Peter Imhof commented about whether RUF.U-X, PHO-T, YGR-T, RHT-X, PD-T, BDGI-T, SVI-T, TSGI-T, FSV-T, ESP-T, ATD.B-T, TCW-T, VLE-T, SIS-T, ET-T, TCN-T, PONY-T, TVE-T, AFN-T, PXT-T, FLY-X, QTRH-T, AD-T, PBH-T, BUS-X, TWM-T, WPK-T are stocks to buy or sell.
A bit of a contrarian pick given the high level of debt. He thinks they are starting to pay down $300-$500 million of debt. It is close to a ten year low and believes the market has pushed the price too low. Management feels comfortable and reports day rates are increasing. Yield 0%. (Analysts’ price target is $5.39 )
This is a Turkish energy play who recent announced a major discovery. He does not own it as he wonders how long it may take to bring the discovery onto production.