October 3, 2018
Published by Kuppy at October 3, 2018
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Back in January, I wrote about Tidewater (TDW – USA) which will be the largest global player in offshore service vessels (OSVs) once it completes its merger with Gulfmark Offshore (GLF – USA). At the time, the offshore oil sector was despised by equity investors who assumed that it would never come back. As I noted in an update in July, shale isn’t the ... Read More
Categories: Investments
Positions Mentioned: TDW ESV NE
September 10, 2018
Published by Kuppy at September 10, 2018
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Just over three months ago, I wrote about Iron Bridge Resources (IBR – Canada) and noted that with a hostile bid in place at 75 cents, you could buy it at 74 cents and have a situation with minimal downside and quite a lot of upside—especially as my good friend, Josh Young, was calling the shots. My theory was that either; another buyer would ... Read More
Categories: Investments
Positions Mentioned: IBR CN
July 27, 2018
Published by Kuppy at July 27, 2018
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Ever since Air Canada announced the termination of their Aeroplan agreement with Aimia (AIM – Canada) last year, I have suspected that this was a prelude to them eventually acquiring Aeroplan. I believed this due to simple math. It will cost Air Canada $200 to $400 per cardmember to organically build their own loyalty program. Aeroplan has 5 million cardmembers, hence trying to build ... Read More
Categories: Investments
Positions Mentioned: AIM CN
July 9, 2018
Published by Kuppy at July 9, 2018
Categories
Ever since oil prices collapsed in 2014, there has been an underlying belief that oil prices could not go up due to endless oversupply from shale oil. Now, 4 years later, that supply growth is stalling. There are various reasons for this, but underlying everything else, is the fact that the basic economics of shale just aren’t that robust. This is partly due to ... Read More
Categories: Investments
Positions Mentioned: ESV, NE, TDW, TDW Warrants
Terlingua