Lightstream Resources (LTS.TO) Buy, Sell or…

Home

Daily Stock Opinions and Ratings

Lightstream Resources (LTS.TO)

0.00

-0.00 (0.00%)

60 watching

SELL

(Market Call Minute) Prefers CPG

BUY

Nice turnaround. Sold some assets and did a convertible debt issue. She likes it now and will look at it more. Dividend is safe now.

COMMENT

Does the $427 million sale of their non-core assets make the stock more attractive? Absolutely. Entire makeup of the company has changed dramatically over the last year. Increased their bank line and did a $900 million term debt offering, which took away the overhang of their convertible debenture.

DON'T BUY

Financial problem with this company. Had a big convertible debenture issue overhanging them. Solved this with a note to pay off a bunch of it and as soon as they did that, the stock ran further. Have a pretty big decline rate and an over leveraged balance sheet. Has run as most as it is going to do and will go sideways. Could be a candidate for going down more than the average energy stock.

BUY

Had a down trend until Oct/11. Had a first advance in October followed by a Wave Elliot. These 3rd waves can go on for quite a while. Could go to about $18 followed by another correction.

WEAK BUY

Has been less than happy with in the past. It really got a way from its basic business. It was over levered. They also came out with predictions on declines in the wells they were drilling that the analysts didn’t buy. They are coming out with pretty good numbers now. Thinks it will make some progress on the upside. He is not super positive and would like to see more of the results. Likes CPG better.

BUY

Light oil, which is attractive. They have a stretched balance sheet, so he owns CPG. Descent yield that they can maintain.

BUY ON WEAKNESS

Has been a real dog over the last year. Worries about a cut in the dividend may have been the principal reason. Also had some production related issues. Instituted a DRIP program so he feels they have kind of papered over the problem. Wouldn't buy it here, but if you could get it at $10 it could look attractive. Keep in mind that they have an enormous amount of convertible bonds that roll over in 2013.

HOLD

Has high dividends, which he likes. Tremendous cash flows. The parent, Petrobank (PBG-T) wants them to continue with their dividends. Production is up 23% year-over-year and expected to be up 15% next year.

HOLD

Numbers have been improving and it now looks quite cheap. Multiples look quite reasonable. Trading right on its NAV.

DON'T BUY

Has badly underperformed all of the other energy names and she does not know why. Have a convertible bond coming due next year also.

DON'T BUY

Not bullish on this company or its parent Petrobank (PBG-T). Both companies are challenged. There is some real concern. Has overpromised and under delivered. If you own a, you can continue to hold for a better exit point.

COMMENT

Has looked at it in the past. Have not been able to deliver on production targets. She wants to talk to management before making a decision to buy.

WAIT

Will probably not survive in its current form. Will at last have to sell some assets. Eventually the dividend could get cut. He doesn’t see how it goes forward in its current form.

BUY ON WEAKNESS

Saw compelling value about a month ago. Market is worried about debt levels. Looks like they are on tack for this year. Pays a nice yield. Below $15 is represent good value.

Showing 91 to 105 of 189 entries

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

Lightstream Resources (LTS.TO)