Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Dennis Roth who wrote (180409)	9/12/2013 10:58:49 AM
From: Dennis Roth	2 Recommendations Recommended By evestor LoneClone Respond to of 206161

Canadian Energy Infrastructure 12 September 2013, 15 pages doc.research-and-analytics.csfb.com There is an ongoing discussion in various parts of the US Government regarding activities of Bank Holding Companies (BHC) in the commodity sector. This situation is very fluid, but limits may be imposed on BHC's ownership of certain tangible assets used in commodity storage. In our pipeline coverage universe, we believe a very interesting dynamic may unfold in the months and years ahead in the crude storage terminals business. We divided this research note into three parts: ¦ Reassessing banks' energy holdings; ¦ Contemplating US storage; and, ¦ Considering selected company exposure. Each of these areas is addressed in detail below: doc.research-and-analytics.csfb.com

To: Dennis Roth who wrote (180409)	9/25/2013 4:35:42 AM
From: Dennis Roth	2 Recommendations Recommended By evestor Jacob Snyder Read Replies (1) \| Respond to of 206161

Suncor Energy Inc (SU.TO) Initiation of Coverage 23 September 2013 ¦ 60 pages ir.citi.com Cash Flow Distribution Story Balanced by Low Return Projects Recommendation - We are initiating coverage of Suncor Energy (SU) with a Neutral (2) rating and $40 target price. We believe Management’s efforts to return more capital back to the shareholders and its strategy to optimize its existing assets is already incorporated into the stock. With the stock now up 20% since end of June on a 54% increase in the dividend announced earlier in the year and the recent disclosure that Berkshire Hathaway took a stake in SU, we see modest upside from current levels. We estimate Fort Hills and Joslyn are marginal projects and will not provide SU shareholders significant value. We also estimate SU’s Returns on Capital Employed (ROCE) through 2020 will remain in the high single digits. We therefore rate Suncor’s shares Neutral.