STOCKCHASE

Recently tied up with Sprott Assets so stock moved up quite nicely but earnings have still not materialized out of the business plan so it is still a resource lender that will try to find its way going forward.

2010-08-30

HOLD

1.590

Was a non-traditional, sub-prime lender but have a new president and is now under the Sprott wing so expecting it will be very entrepreneurial and should do well. He needs to see a bit more before he would Buy.

2010-08-06

BUY

1.490

Challenge is the space they are in. Had a good run because of the sale of the company to Sprot. This is speculative. With the Sprot name on it some good things will come.

2010-06-29

DON'T BUY

1.120

Over the last few years they have kind of been a merchant bank/lender by bridging loans to mining and resource companies. Have been turned down trying to get a banking/trust license so they are still try to figure out where they're going. Cheap but hard to see a strategy going forward.

2009-10-16

Comment

2.960

Merchant banking. He’s been liquidating his position over the last few months as they are moving into the real estate sector, which has reduced their earnings. Superbly managed. If you want 10% earnings with a 3% dividend, it's a good stock.

2007-07-06

BUY

3.210

Has recently sold because he thinks the rate of growth will come down. They've started focusing on real-estate, and he thinks that next year they will start having to pay taxes. Rising interest rates is good for Quest. Is a very good stock for RRSP's and you want something solid.

2007-05-31

PAST TOP PICK

3.220

(A Top Pick May 12/06. Up 7.7%.) In the financing sector, particularly resources. Just reported nice earnings. Increased their dividend.

2007-05-11

BUY

3.210

Wonderfully managed company. Cutting edge of 21st century financing. Specializes in bridge loans and other capital investments that local bankers don't do. Well diversified. Good long-term hold.

2007-03-05

PAST TOP PICK

3.280

(A Top Pick Jan 27/06. Up 26.2%.) Bridge financiers. Earnings continue to grow. Prudent lenders. Would still buy.

2007-01-26

TOP PICK

3.260

(A Top Pick Aug 16/06. Up 9.8%.) Personal shareholders in their company. Bridge loan lending they developed in the resource sector and are now using in real estate too. Expecting them to be bought out. Trades at about 11 X earnings.

2007-01-16

TOP PICK

2.820

(A Top Pick Aug 26/05. Up 28.8%.) They make short-term, fully collateralised loans on real estate. Very cheap.

2006-10-11

WATCH

2.840

Quest Capital is a merchant banker involved in the resource and real estate sectors. It is well managed and gross earnings look good. It is worth looking at and is attractive for risk takers.

2006-09-22

Comment

3.050

Hugh Cleland, CFA

This is a group of individuals, financiers and investors that have proven to be able to make a lot of money. If you believe in a longer term resource cycle it could be good. Doesn't know the company that well.

2006-09-07

TOP PICK

2.970

(A Top Pick Aug 26/05. Up 34.3%.) The market is in a very dangerous stage and the stock gives safety. This is a merchant bank that has been making very good returns on its capital.

2006-08-16

BUY

2.950

One of his favourite companies. Started off as a merchant bank but have branched out into the real estate business. During a phenomenal job.

2006-05-30

TOP PICK

3.000

Merchant banker providing financial services. Specialises in mortgages and bridge loan real estate business, mostly to manufacturers, mining and oil/gas. Slow and steady. Conservative.

2006-05-12

TOP PICK

2.600

This will be a slow mover. A leading merchant banker with strong management and a heavy tilt towards natural resources. They basically provide bridge mortgage, corporate financing and management services as well as investing in the junior resource market.

2006-01-27

BUY

2.310

Likes very much. A merchant banker. Raised a lot of money lately, Slow and steady and will work its way higher.

2005-09-30

TOP PICK

2.150

A merchant banking business. You buy and you put it away and dont worry about it. The price is it's only weak spot. Very long term stock, I'm not going to sell.

2005-08-26

BUY

2.290

A very interesting story. They have put together a merchant bank operation that is 2nd to none. Looks like they have the right formula to make money even in a troubling environment.

2005-07-11

STRONG BUY

2.080

Basically it is a lender that makes short term loans at relatively high interest rates to mis-identified borrowers. Trades at 14/15 X earnings. You should see double digit growth in earnings. A superb company. Well managed.

2005-06-27

TOP PICK

2.100

A company that specializes in providing bridge loans and equity investments in the mining industry, oil/gas plus real estate sector. The change in banking is going to become acute when the bubble bursts in real estate and mortgages start to blow up. Lenders will want reals assets behind them and this is what this company does. It will grow slowly, but steadily.

2005-06-24

TOP PICK

2.020

Rick Rule

(A Top Pick Mar 8/05. Up 2.5%.) Has done a spectacular job. Trailing earnings for last year were $0.16. Earned $0.04 for the quarter. Offers the best juxtaposition of risk/reward in the Canadian speculative sector. Don't chase the stock. $2.05/2.10 is OK. Expects to own this until the current management team sells it.

2005-06-02

BUY

1.870