Myth465 Posted June 30, 2014 Posted June 30, 2014 There is a link to the audio recording from the Manitok annual meeting. I really like this management team, will be selling some Clarke to buy more. --- This reminds me of Clarke. The CEO here is so articulate. He knows exactly why they are cheap. No natural Foothills buyer because few others are in the play, and no set of inventory like most other Canadian stocks. Instead of complaining about it, they buy into Entrice to get natural repeatable inventory, expand in the foothills, and buy back a ton of stock. I really like thier plan and they are spending much more then I could buying back stock and insiders buying shares. Will be interesting to see what Entrice results are like.
Sunrider Posted June 30, 2014 Posted June 30, 2014 Great discussion - thanks for the insights, everyone. One question - where can I find information on insider purchases/sales as well as progress with repurchases for Canadian stocks. I've been on Sedar.com but that site is a disgrace. I thought the SEC has some way to go but at least there's bamsec.com now and other sites that make it more digestible. At least the SEC site/filings are easier to find and read in the first place though. For example Manitok - I like that the CEO makes a clear call and finds value in his own shares vs. anything he may acquire - but where can I find out more about him putting his own money where is mouth is and how they are proceeding with the repurchases? Thank you - C.
Sunrider Posted June 30, 2014 Posted June 30, 2014 Where is this link? Can't seem to find it? Is it in the stock house post - do I need to be logged on there as a user? Thank you. C. There is a link to the audio recording from the Manitok annual meeting. I really like this management team, will be selling some Clarke to buy more. --- This reminds me of Clarke. The CEO here is so articulate. He knows exactly why they are cheap. No natural Foothills buyer because few others are in the play, and no set of inventory like most other Canadian stocks. Instead of complaining about it, they buy into Entrice to get natural repeatable inventory, expand in the foothills, and buy back a ton of stock. I really like thier plan and they are spending much more then I could buying back stock and insiders buying shares. Will be interesting to see what Entrice results are like.
gordoffh Posted June 30, 2014 Posted June 30, 2014 a little more info on manitok http://www.stockhouse.com/companies/bullboard/v.mei/manitok-energy-inc?postid=22702891
no_free_lunch Posted June 30, 2014 Posted June 30, 2014 Sunrider, One question - where can I find information on insider purchases/sales as well as progress with repurchases for Canadian stocks. I've been on Sedar.com but that site is a disgrace. I thought the SEC has some way to go but at least there's bamsec.com now and other sites that make it more digestible. At least the SEC site/filings are easier to find and read in the first place though. Yeah, insider information in Canada is crude, this is how I look it up: 1 - For canadian insider trading go to SEDI, specifically this page: https://www.sedi.ca/sedi/SVTReportsAccessController?menukey=null&locale=en_CA 2 - Click Insider Transaction Detail and then Next. 3 - On the next page there is a dropdown below the text 'Identify insider or issuer'. Select from the dropdown box 'Issuer name'. In the text box beside it, type in 'Manitok'. 4 - Click Search at the bottom of the page.
ItsAValueTrap Posted June 30, 2014 Posted June 30, 2014 canadianinsider.com is much easier to use than SEDI. Sometimes you have to use Sedi.ca though.
gordoffh Posted June 30, 2014 Posted June 30, 2014 looks like additional insider buying of Manitok Jun 27/14 Jun 27/14 Vouri, Cameron Grant Direct Ownership Common Shares 10 - Acquisition in the public market 25,000 $2.64 Jun 26/14 Jun 26/14 Geremia, Bruno P. Indirect Ownership Common Shares 10 - Acquisition in the public market 10,000 $2.53
no_free_lunch Posted July 1, 2014 Posted July 1, 2014 Anyone have any thoughts on the COO being fired? From the little bits and pieces I know of the company, it was essentially the COO & the CEO who started the company back in 2005. The COO brought over the operations team that has (presumably) been instrumental in their success to date. To me, the COO being let go is a mark against the company. Don't get me wrong, it's just one of many variables and I'm still super-bullish but I wish I had more insight into what was going on there. Hopefully it was just a disagreement on strategy and not something related to exploration/production.
Myth465 Posted July 1, 2014 Posted July 1, 2014 The COO left to start Panterra. Which is buying assets in the foothills..... My guess is its a disagreement and the COO wanted to be the CEO and found it easier to leave and do his own thing. He is buying acreage in the same place. His leaving has caused Manitok to be undervalued and hated by the street for a year. Not surprising the CEO is a bit bitter. It looks like he took alot of the team. Basically poached Manitok. He is buying similar acreage so the assets are fine inmo. http://www.panterraresource.com/management.html https://www.google.com/finance?q=CVE%3APRC&hl=en&ei=dvOxU6DsEKmjiQKc2IDgDg
Sunrider Posted July 1, 2014 Posted July 1, 2014 Thank you guys - also for the reference to canadianinsider.com Sunrider, One question - where can I find information on insider purchases/sales as well as progress with repurchases for Canadian stocks. I've been on Sedar.com but that site is a disgrace. I thought the SEC has some way to go but at least there's bamsec.com now and other sites that make it more digestible. At least the SEC site/filings are easier to find and read in the first place though. Yeah, insider information in Canada is crude, this is how I look it up: 1 - For canadian insider trading go to SEDI, specifically this page: https://www.sedi.ca/sedi/SVTReportsAccessController?menukey=null&locale=en_CA 2 - Click Insider Transaction Detail and then Next. 3 - On the next page there is a dropdown below the text 'Identify insider or issuer'. Select from the dropdown box 'Issuer name'. In the text box beside it, type in 'Manitok'. 4 - Click Search at the bottom of the page.
gordoffh Posted July 2, 2014 Posted July 2, 2014 Quite the move on manitok this morning value story getting out there perhaps buying there shares aggressively
rykelsap Posted July 2, 2014 Posted July 2, 2014 The move in MEI is largely due to the publication of a Seeking Alpha Pro article on the name. I would be inclined to fade it in the short term.
gordoffh Posted July 3, 2014 Posted July 3, 2014 here is SA article on Manitok http://seekingalpha.com/article/2296045-manitok-energy-highly-undervalued-and-poised-for-price-appreciation
alertmeipp Posted July 12, 2014 Posted July 12, 2014 MEI back down to 2.6. Any bad news out or just general O&G correction?
Myth465 Posted July 12, 2014 Posted July 12, 2014 I would say general correction, everything in the patch is down...
gordoffh Posted July 15, 2014 Posted July 15, 2014 nice writeup on LTS i did sell about a 3rd of holdings in around 8.70 and have been adding on fall http://buysidenotes.com/2014/07/15/lightstream-lts-3x-eventually/
alertmeipp Posted July 15, 2014 Posted July 15, 2014 Hate to see so much profit gone in the last few days with oil still near 100 and gas 4. Added some.
no_free_lunch Posted July 15, 2014 Posted July 15, 2014 Hate to see so much profit gone in the last few days with oil still near 100 and gas 4. Added some. What are you adding to? My only holding in the space is Manitok, but I am always looking for other candidates.
alertmeipp Posted July 16, 2014 Posted July 16, 2014 nice writeup on LTS i did sell about a 3rd of holdings in around 8.70 and have been adding on fall http://buysidenotes.com/2014/07/15/lightstream-lts-3x-eventually/ How does KOG compare to LTS in growth rate?
oldye Posted July 16, 2014 Posted July 16, 2014 nice writeup on LTS i did sell about a 3rd of holdings in around 8.70 and have been adding on fall http://buysidenotes.com/2014/07/15/lightstream-lts-3x-eventually/ How does KOG compare to LTS in growth rate? Kog is also spending 940 million on capex vs 525-575 million for Lightstream. Lightstream is currently projecting an exit rate of 45,000-47,000 vs 39-41k for Kog. If only Lightstream just turned off the dividend and drilled a few more exploratory wells. Lightstream is worth more than 6 billion dollars at $100 oil. Being cashflow positive combined with a cheap valuation, deep drilling inventory makes it a very attractive takeover candidate right now.
phil_Buffett Posted July 17, 2014 Posted July 17, 2014 bought more manitok and lightstream today. nice for Long term Holding period
alertmeipp Posted July 18, 2014 Posted July 18, 2014 Well, another down date for Canadian O&G. But the events that are unfolding in Middle East and Ukraine could potentially be net positive for this sector. Natural gas weakening is a bit concerning, weather is just not cooperating.
CorpRaider Posted July 22, 2014 Posted July 22, 2014 Looks like Repsol is reportedly kicking the tires on TLM. http://www.bloomberg.com/news/2014-07-22/repsol-said-to-explore-bid-for-canada-s-talisman-energy.html
Myth465 Posted July 26, 2014 Posted July 26, 2014 Eric Nuttal on Market Call. He is inmo the top O&G Analyst in Canada. Up 45% YTD. I own PWE and Manitok and keep kicking the tires around Lightstream. 3 Names he hates....
Guest 50centdollars Posted July 26, 2014 Posted July 26, 2014 Eric Nuttal on Market Call. He is inmo the top O&G Analyst in Canada. Up 45% YTD. I own PWE and Manitok and keep kicking the tires around Lightstream. 3 Names he hates.... Eric Nuttal is a terrible investor
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