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mac1943

mac1943
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  • Cree - Interesting Entry Opportunity In A Long-Term Growth Play [View article]
    I agree that today's price is more important than a historical price when evaluating a possible purchase, but would suggest that it's the potential for profitable growth that is the real nugget. And I don't feel confident in that with Cree.
    Aug 20 11:28 AM | Likes Like |Link to Comment
  • Buy U.S. Silica Holdings Now For Explosive Potential Returns [View article]
    I have a concern when I see price/sales and price/ book value ratios of ±6 as an entry point for a sand producer, ok good sand~~ too rich for me. Others are coming into the market.
    Aug 19 02:43 PM | Likes Like |Link to Comment
  • Why Valero Is The Refiner Of The Future [View article]
    I noted with interest the chart showing the crack spreads for the various crude grades, and the enhanced crack spread for Maya crude. The Alberta oil sands crude is somewhat comparable with the Mayan and Venezuelan crudes, hence the interest by refiners (including Valero) in sourcing the Alberta bitumen. Of course, this is what the XL pipeline is all about.
    Aug 18 12:40 PM | 1 Like Like |Link to Comment
  • Cree - Interesting Entry Opportunity In A Long-Term Growth Play [View article]
    I bough some Cree a few years ago because I thought they would be able to take advantage of growth in LED lighting. I sold at a loss a year or two later. The moral of this and many other stories is that having a good product in a growth market is not enough. You have to translate the growth into real profits. Cree's metrics do not inspire, whether you look at profit margin, return on assets, or return on equity. Despite continuing to follow the stock, and using their products, I don't envisage trying to win back my previous loss by reinvesting in CREE anytime soon.
    Aug 17 04:42 PM | 1 Like Like |Link to Comment
  • Investors Should Be Aware Of Cameco's Dispute With The Taxman [View article]
    A rather thin article. As mentioned above ~~old news. Even if the tax hit is $1.2 billion, that's about $3 per share. The 52 week share price range is over $10. And Cameco had $800+ million in cash and short term as of June 30. I believe the share price already reflects most of the possible tax downside. My assessment is that market forces far exceed the tax implications.
    I'm sure that Cameco did their due diligence before setting up this arrangement, and that would include an opinion on the tax implications.
    Aug 17 02:02 PM | 1 Like Like |Link to Comment
  • Caterpillar: An Excellent Bet On Restructuring Effort [View article]
    peace,
    Komatsu is a real competitor; in my area, Western Canada, Komatsu is very active and successful in mines for oil sands, coal, and copper
    Jul 5 11:07 PM | 1 Like Like |Link to Comment
  • Tourmaline: Defined As A Semi-Precious Stone In The Dictionary - But Also A 'Gem' Of A Canadian Oil And Gas Company [View article]
    good report but as john001 mentions, how could you not expand on the management team, one of the best, if not the best, and with long term proven successful execution.?
    Jun 15 12:26 PM | 2 Likes Like |Link to Comment
  • Canada's Oliver says new energy markets crucial for economy [View news story]
    ScooterPop
    If you go to capp.ca, and the oil, and then pipeline map, it shows the pipelines in Alberta as well as the rest of the continent.
    Jun 10 11:41 AM | 1 Like Like |Link to Comment
  • Canada's Oliver says new energy markets crucial for economy [View news story]
    Scooter Pop
    Currently,
    Enbridge is not the sole crude pipeline in, and from, Alberta. Inter pipe, Pembina, and Veresen all ship crude both within and out of the province. TransMountain ships from Edmonton to Vancouver. Keyera and AltaGas certainly collect within the province and connect to outside the province. There may be others; I don't have a comprehensive knowledge of all the various pipelines. Enbridge is certainly the biggie. Competition? Maybe.
    Jun 10 11:30 AM | 1 Like Like |Link to Comment
  • Canada's Oliver says new energy markets crucial for economy [View news story]
    Scooter ~~TransCanada ( Keystone ) and KinderMorgan (TransMountain) are both attempting to expand their capacity, and presumably will expend capital in the process. Pipeline companies don't really provide competitive markets~~they get the product to market.
    Jun 9 12:51 PM | 1 Like Like |Link to Comment
  • Seadrill signs $1.1B rig deal with Total [View news story]
    But that's less than three month's revenue. Unless SDRL gets another contract the backlog will keep dropping. The sky is falling. I can hear it now !
    Jun 2 11:55 AM | 1 Like Like |Link to Comment
  • Parkland Fuel Corp.: 5.2% Safe Yield Combined With Excellent Growth Prospects [View article]
    No mention of the refinery at Bowden, and what might be happening there?
    May 24 12:26 PM | 1 Like Like |Link to Comment
  • Lightstream: Drilling For Value And A 9% Dividend [View article]
    After suffering years of disappointment with PetroBakken / Lightstream, I sold my 4000 shares yesterday for a $40,000 loss, and moved on. Hopefully I made the right decision. The debt is a rather large anchor to growth, and apparently there are lots of other assets for sale, but at distress prices. so the asset sale strategy may not be too effective in reducing the debt without adversely affecting production. Admittedly, I am almost retired, and don't have the stomach to wait for another 3 to 5 years for success with LTS, or the ability to replenish more losses.
    Apr 10 12:50 PM | 1 Like Like |Link to Comment
  • Lightstream: Drilling For Value And A 9% Dividend [View article]
    I'm with you Jack 20. I don't have anywhere near your holding but, probably like you, also hold Crescent Point, and kept wondering why it (CPG) kept performing while Petrobank/PetroBakken/... kept "disappointing" while the share price kept heading south. Management, or lack thereof, has to be the answer.
    Apr 5 09:47 PM | 2 Likes Like |Link to Comment
  • Buy Canadian Oil Producers - Keystone XL Is Irrelevant [View article]
    to gebby
    Please remember that, what is it? 70+% of oil used in North America is used in transportation. And more in chemical, read plastics, production. Very little oil is used to directly generate grid electric power except in remote areas. Yes, natural gas may make inroads in transportation use, but it will take the 20 years you mention. When did you see a plane take off trailing an extension cord, or a truck driving down the road powered by a windmill on its roof, or a railway locomotive by solar panels? And that's also largely true for the developing nations where oil use is expected to increase. Even in China cars don't run on manure.
    Apr 3 07:20 PM | 1 Like Like |Link to Comment
COMMENTS STATS
31 Comments
35 Likes