GREY:WFREF - Post by User
Post by
retiredcfon Oct 19, 2014 8:04am
535 Views
Post# 23041405
Eric Nuttall
Eric NuttallLRE was one of the stocks that he
indiscriminately sold a couple of weeks ago due to its debt to CF ratio. As can be seen, his comments haven't changed since the last time he was on. He does not, however, see the dividend being cut anytime soon despite the fall in oil price and although it is now above 11%. Last stock in the clip. GLTA
https://www.bnn.ca/Video/player.aspx?vid=469816
| LRE-T |
|
2014-10-17 |
DON'T BUY |
Eric Nuttall |
120% payout ratio. They could dial back Cap-X spending. The price of oil would have to stay back for a couple of years in order to cause a dividend cut.
  /
|
Price:
$3.570
Subject:
OIL & GAS
Bias:
BULLISH on OIL
Owned:
No |
| LRE-T |
|
2014-08-25 |
DON'T BUY |
Eric Nuttall |
Safe if you are a dividend investor. The perception is that their plays are not ‘A’ quality. A recent acquisition put LRE-T shares in the hands of investors who may not want to keep them. Wait 3 months for them to finish selling. Prefers others.
/
|
Price:
$5.330
Subject:
OIL & GAS
Bias:
SELECTIVE
Owned:
No |