Daily Stock Opinions and Ratings

Opinions

Michele RobitailleHeating Oil PartnersHIF.UN.TODON'T BUYSep 16, 2005

Doesn't believe it will stage any kind of comeback at this time. Have operational issues. Could be looking at bankruptcy. Because of the high cost of heating oil, working capital needed is very substantial. Not a fan of the management team and their ability to manage.

Michele Robitaille

Unlock Rating

$0.12

Stock price when the opinion was issued

investment companiesfunds

It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

Get Signals Create your Watchlist

You might be interested:

DON'T BUY

Stumbled. Sold their holdings when they saw over 100% payout ratio and the margin pressures they came under. They eventually cut their distribution. Not comfortable with management.

DON'T BUY

Not paying distributions. Have suffered from higher crude oil prices. Seasonality is endemic to this business.

DON'T BUY

They're in a liquidity crisis. Not certain of the financial viability of the trust. They need to be refinanced.

DON'T BUY

A US based trust that has experienced some difficulties. One problem has been the rising price of heating oil which has strained their ability to finance the receivables which created bank restraints. Has also been hurt by the strong Cdn$.

DON'T BUY

Had a pretty rough time in 2004. Partially due to seasonably warm weatherin the US NorthEast. Also being hit with the stronger Canadian$. Believes the Cdn$ will stay strong, so will be tough to see any distribution growth.

DON'T BUY

They don't have much leverage to the price. Lost more customers than they gained on acquisitions.

DON'T BUY

Have a high level of concern and have been trimming from their portfolio. High oil costs and operational issues have created problems. Foreign exchange has hit them hard.

DON'T BUY

Ran into problems with currency exposure and rising heating oil costs. Had to increase their debt.

DON'T BUY

Has had to suspend distributions. Not enough money to pay for the high oil prices, and will have to renegotiate with their banks. Feels that this will be more than temporary.

SELL

Had a myriad of problems, including currency, working capital needs, etc. Issues can't be easily or quickly fixed.

DON'T BUY

Cut their distributions due to a squeeze by high oil prices.

HOLD

Fairly priced. Hasn't made any acquisitions.

Most Recent Experts

Stockchase Insights

5i Research

Brian Acker, CA

Acker Finley Inc.

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

David Burrows

Barometer Capital Management

Jim Cramer - Mad Money

CNBC

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Summer Sale

Michele RobitailleHeating Oil PartnersHIF.UN.TODON'T BUYSep 16, 2005

You might be interested:

Heating Oil Partners(HIF.UN.TO)

Heating Oil Partners(HIF.UN.TO)

Heating Oil Partners(HIF.UN.TO)

Heating Oil Partners(HIF.UN.TO)

Heating Oil Partners(HIF.UN.TO)

Heating Oil Partners(HIF.UN.TO)

Heating Oil Partners(HIF.UN.TO)

Heating Oil Partners(HIF.UN.TO)

Heating Oil Partners(HIF.UN.TO)

Heating Oil Partners(HIF.UN.TO)

Heating Oil Partners(HIF.UN.TO)

Heating Oil Partners(HIF.UN.TO)

Latest Buy Signals

Today's Top Picks

Popular Articles

Latest Sell Signals

Most Recent Experts

Stockchase Insights

Brian Acker, CA

The Weekly Buzzing Stocks by Billy Kawasaki

David Burrows

Jim Cramer - Mad Money