Other than BDI and HNL, are there any other lodging companies in BC that might benefit from the LNG project? Would you recommend it over these two? If not, which one of these two companies are better positioned to do business in BC?
Q: My question is about Paramount Resources and Precision Drilling. I am considering selling one of these companies for a tax loss. Which one would
have better prospects in the future and which one should be sold now?
Q: You mentioned that these are among your choices if an investor added some Kitimat LNG exposure. I have a couple questions.
1) With the “Green Light” given, how long do you think it will take to have these stocks trade at or above Price/Book. Is this an important factor for you?
2) If not now, what would your signal to buy shares be given production in 2025?
3) do you have concerns that this project could still be stymied and not proceed?
Q: What is your opinion on the HSE offer for MEG. I have owned a 0.5 position for many years...with my other major oil and gas holding as full position in SU. Is the drop today an over-reaction and time to add a bit on the dip? It has had a good run and the dividend is back.
They both have bounced due to LNG (still) speculative developments. Would you wait a few months or would you buy now? BDI used to be your favourite. Which one would you choose now? Why?
Q: I'm in the process of trimming my portfolio of over 40 companies and building cash. Both Major Drilling Grp and Cathedral Energy Services are candidates for removal. How do you feel about these companies, should they be sold? Would you put the money in cash or what would you buy in their place, in the same sectors?
Q: The recent Shell contract, and the potential for a LNG go-ahead have me wondering about the potential for some gains here. They seem to be building a significant business and drilling should be stable/growing if LNG is a go. Your thoughts would be appreciated....
Q: Please rank four of your favourite stocks in the oil industry in order of fundamental stability and potential for growth as well as risk. Would you be entering this sector at this time? What industry risks do you foresee? I have never invested in this area so basically, I am looking for your guidance.
Q: I sold BDI at a sizable loss years ago and fully appreciate how extremely cyclical this companies earnings are, for good or bad. Waiting patiently for an opportunity to catch a high beta cyclical upswing in the companies earnings. Can you advice as to how to approach this investment thesis? Start building a position now even thought its early or wait till there is clearly an upswing in earnings while trying to avoid false starts? I cant help but think that after years of terrible government policy there is blood in the streets now.
Q: Petrotal is listed on the venture exchange. I understand it is applying to be listed in London. Do you have any further information. How does it look as an investment.
Thank you. PB
Q: Could you please comment on ALA.s press release of Sep 26 on their proposed purchase of 50 % of Black swan for $230 million. I was under the impression that ALA was looking to sell non core assets in an effort to reduce dept.
Do you think all 4 or any of the 4 companies will see improved SP with the announcement that LNG will likely be announced next week - announcement being that it will be a GO!