Q: Hi team.
I've been a shareholder of Canacol energy (CNE ) for the last two years and seen it's share price oversold at the 2.30 level only to come back storngly to the 5.o9 level on positive developments. however, over the last two weeks, it seems to have lost momentum and has lost almost 20% of it's value. I'ts first quarter numbers2014 are to be out by nov. 15 . Is the price weakness ,lately due to profit taking ,or some other unforeseen reason? Should i buy on weakness or wait for the Nov. 15 Q1 release? Where do you see their share price a year from now?
Thank you from a "frustrated' shareholder
Q: Tekmira TKM shares dropped over 8% on Thursday, down over 15% in the last week. Is it because of the recent share issuance? Or am I missing something? Do you think this may be a buying opportunity, or should I wait until after TKM announces earnings on Wednesday.
I currently have half a position in both TKM and VRX (also down) and would like to add to both in the near future. I would appreciate your advice.
Thank you.
Q: Hi Peter,
I'm looking to redeploy some of my PLB funds into MDA. (Thanks BTW) According to your answers on various questions, you seem very positive on this company for a long term hold. At first glance, I agree, however my question is about the SSL part of the business. It seems to my amateur eyes that besides adding a ton of revenue, not much has been able to fall to the bottom line as of yet.
Is this a case of costs being accounted for before synergies are realized? I just want to double check in terms of true value being present for at least a three year hold.
Thank you Peter for providing this awesome service!
I really like AVO and AYA. They just seem to offer exceptional growth potential. Just reviewed the recent news from Amaya. To me it could be worth more than gold.
Do you have 1 or 2 other candidates that stand out in particular sectors, along the lines of the above companies?
Thanks and have a nice weekend.
Hersh
Q: Why is PLB still rising after the takeover was announced? Are other bidders expected? that would seem unlikely since it is a friendly takeover.
Thanks.
What is your opinion on Parkland's latest acquisition? Do you see them issuing shares to fund their expansion plans? If this is the case would you buy here or wait until the offering assuming they will be offered at a discount?
Q: On Nov 6 3 insiders of SYZ sold 8%,11% and 13% of their holdings.(The largest seller was the CEO) How would you imterpret a move like that?Thanx Robbie