ALJ --
I haven't bought ALJ yet, but I think it a good one to own. I recently choose to buy more VLO instead. Larger and safer, IMO. PE's around the same.
today's numbers from yahoo:
VLO $60
EPS 2005 $6.64, PE 9.0
EPS 2006 $7.53, PE 8.0
ALJ $21.33
EPS 2005 $1.99, PE 10.7
EPS 2006 $2.31, PE 9.2
finance.yahoo.com
.............
60 minutes and oil sands. thanks for posting.
it might be good to watch, but the word is already out. maybe they will talk about all the problems -- labor shortage, housing shortage, nat gas usage....
my favorites:
finance.yahoo.com
I think the oil sands are still undervalued.
example -- there is a fresh odlum brown analyst report which project COS dividends to increase from CAN$4 this year, to CAN $11 in 2007. that's becasuse COS will have completed their capital spending and they open the tap to produce oil.
However the projection is based on US$55 oil. at US$64 oil, the dividend could be CAN$4 higher, they say. that's CAN$15 on a stocks at CAN$150.
all the oil sands have that upside. the analysts are all playing it safe on the projections. maybe it is offset somwehat by some construction delays not visible. anyway -- these companies will sell all the product they can produce, the only question is the price.
my portfolio is still 70% oil sands, as i posted here last summer. |
