| VAGUE | | Artis Real Estate Investment Trust | AX.UN-T | 14.000 | (Guest Comment) Product focus is commercial real estate, in western Canada. Earnings per share have increased. Have done good things with money. Debt to market value is close to 40%. No liquidity risks. | 2008-03-19 | |
| WAIT | | ILI Technologies | ILI-X | 0.365 | An oil and gas service company. Had a significant contract, but weather in Mexico prevented it. Has a very strong balance sheet. Working capital Is $0.27 per share. Working on 3 or 4 huge contracts right now. It’s a waiting game. | 2008-03-19 | |
| WAIT | | ILI Technologies | ILI-X | 0.365 | An oil and gas service company. Had a significant contract, but weather in Mexico prevented it. Has a very strong balance sheet. Working capital Is $0.27 per share. Working on 3 or 4 huge contracts right now. It’s a waiting game. | 2008-03-19 | |
| BUY | | Cobra Venture | CBV-X | 0.450 | An oil and gas producer. Different because they have no drilling costs. Almost selected as a top pick. Past top pick. Company has done everything right. Stock is cheap. Completing 2 wells right now, expecting 4 more in the future. Lots of upside. | 2008-03-19 | |
| WEAK BUY | | Nordex Explosives | NXX-X | 0.600 | Have had very impressive earnings. In the mining sector and the construction industry. Have had great success. Not a well-known company. Have good fundamental value. Expecting record numbers in 2008 | 2008-03-19 | |
| TOP PICK | | Empire Industries Ltd. | EIL-X | 0.480 | Steel fabrication, industrial construction and maintenance, specialty servicing (mainly in oil and gas sector). A good, stable company. A solid growth industry. Trading at 5 times earnings. Very cheap. | 2008-03-19 | |
| WEAK BUY | | SERENIC | SER-X | 0.410 | Software company. Good balance sheet. No debt. Room for growth. Has been successful in acquiring contracts. The price is cheap. Like it going forward. | 2008-03-19 | |
| WEAK BUY | | Alberta Clipper Energy | ACN-T | 2.040 | A good oil and gas producer. Have a solid production base. Trades at a reasonable evaluation of cash flow. | 2008-03-19 | |
| WAIT | | Questor technology | QST-X | 0.390 | Oil and gas service company. Likes the industry. Has a good balance sheet. | 2008-03-19 | |
| TOP PICK | | Fortress Paper | FTP-T | 7.650 | Produces security and specialty paper (Bank notes, Visa paper, etc). Very strong fundamentally. Not very well know. | 2008-03-19 | |
| TOP PICK | | Fortress Paper | FTP-T | 7.650 | Produces security and specialty paper (Bank notes, Visa paper, etc). Very strong fundamentally. Not very well know. | 2008-03-19 | |