tag:blogger.com,1999:blog-3845965357472640025.post8416727329718378929..comments2022-10-27T05:26:19.787-07:00Comments on Dividend Lover: Nuvista Energy, Opportunity or Value TrapDividend Loverhttp://www.blogger.com/profile/14189723387560671030noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-3845965357472640025.post-31264800347645028942013-06-14T10:47:39.208-07:002013-06-14T10:47:39.208-07:00I ended up closing this position after about ~18 m...I ended up closing this position after about ~18 month I ended with ~37% returns.<br /><br />I averaged down and used covered calls, then eventually got called.<br /><br />I'm not following this stock anymore.Dividend Loverhttps://www.blogger.com/profile/14189723387560671030noreply@blogger.comtag:blogger.com,1999:blog-3845965357472640025.post-27198585035573480052012-11-01T07:21:03.471-07:002012-11-01T07:21:03.471-07:00Hi DL,
Looks like you're finally in the black...Hi DL,<br /><br />Looks like you're finally in the black on NuVista . . . any further thoughts on the company? I see the stock price has slowly been rising throughout the fall . . .MyCanoeRunsOnWaterhttps://www.blogger.com/profile/17547154276646014701noreply@blogger.comtag:blogger.com,1999:blog-3845965357472640025.post-15242990537257994192012-03-02T20:38:46.425-08:002012-03-02T20:38:46.425-08:00Thanks, I will.Thanks, I will.Dividend Loverhttps://www.blogger.com/profile/14189723387560671030noreply@blogger.comtag:blogger.com,1999:blog-3845965357472640025.post-87054922471483794092012-02-12T22:18:00.163-08:002012-02-12T22:18:00.163-08:00How come you've stopped updating your blog? :(...How come you've stopped updating your blog? :(<br />I like your views on Canadian companies and the economy in general.hefferhttps://www.blogger.com/profile/12859069668993889041noreply@blogger.comtag:blogger.com,1999:blog-3845965357472640025.post-44295006720639580862012-01-26T19:08:37.997-08:002012-01-26T19:08:37.997-08:00Here are my thoughts
1. There is an undervalued h...Here are my thoughts<br /><br />1. There is an undervalued hard asset behind the shares. The core NAV for this stock is about $7, ( that is the net value of proven reserves and producing assets ) the risked NAV is somewhere around $11 ( that includes value for unbooked reserves and undeveloped assets. these valuations more or less match both the CIBC and RBC analysts.<br /><br />2. The biggest investor here is the teachers pension plan at ~ 30% ownership, and their cost is somewhere north of $9 so I doubt they will accept a takeover for less than risked NAV at a loss to them.<br /><br />3. The insiders are buying which means, chairman just bought 100,000 @4.7, this guy knows what he is doing, he is on the boards of bonavista and CNQ<br /><br />4. There is no takeover in the works. first teachers is not looking to sell, second insiders are buying, if there is a deal in the works they would not be allowed to trader the shares.<br /><br />5. They produce 70% natural gas by BOE, but 50% of their revenue comes from the oil. and they also produce natural gas liquids. They are getting punished because of the price of natural gas.<br /><br />I've averaged down to 5.14, I'm in the red but In the end this will pay. I think this stock is a good buy right now.Dividend Loverhttps://www.blogger.com/profile/02733847352499620822noreply@blogger.comtag:blogger.com,1999:blog-3845965357472640025.post-3856662715538731172012-01-23T14:35:06.601-08:002012-01-23T14:35:06.601-08:00Yeah I'd reiterate... thoughts?Yeah I'd reiterate... thoughts?I Need Moneyhttps://www.blogger.com/profile/04857005155660572466noreply@blogger.comtag:blogger.com,1999:blog-3845965357472640025.post-58047342467006231162011-12-01T12:37:37.781-08:002011-12-01T12:37:37.781-08:00So seriously - what are your thoughts on NuVista t...So seriously - what are your thoughts on NuVista three weeks after you bought it? Opportunity or Value trap?MyCanoeRunsOnWaterhttps://www.blogger.com/profile/17547154276646014701noreply@blogger.com