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Gold/Mining/Energy : TLM.TSE Talisman Energy -- Ignore unavailable to you. Want to Upgrade?


To: Tomas who wrote (1182)4/4/2001 11:09:48 AM
From: Tomas  Read Replies (1) | Respond to of 1713
 
Financial Post, April 4
BY SONITA HORVITCH
The prospects are good for Old Economy U.S. manufacturing companies in the second half of this year, and this is being reflected in an unfolding bull market in these stocks, say Gerald Vincent and Andrew Martyn, vice-presidents at Davis-Rea Ltd. in Toronto.
... ... ...
Two Canadian energy companies that Martyn likes for their strong cash flow growth are:

- Talisman Energy Inc. (TLM/ TSE) $57.72 ($65 - $38.75), which produces natural gas and oil in Western Canada, the North Sea, Indonesia and Sudan. The company is generating huge cash flows.

A bonus, says Martyn, "both politically and financially," is if the company sells its Sudanese assets. The cash flow per share estimate for 2001 is $20 per share versus the reported $17.25 for 2000.
... ... ...