PDS

[setliff]

love these bulletins--------

Precision Drilling Corp sets a new 52-week high 07/22 12:44 PM

Precision Drilling Corp (PDS:$9.603,0$0.323,03.48%) crossed above its 52-week high of $9.60 on 1:44 PM ET on July 22, 2013.
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earnings report scheduled thursday--eps est is O on revs of $362m
appears to be breaking out of an inverse Head and shoulders continuance pattern. target would be $11.30ish
jim

[dan_s]

My EPS forecast is $0.02 for Q2, but Q2 doesn't really matter since it is always the low point for the year.

Increase in WTI oil price should be quite bullish for Canada.

My Fair Value Estimate is $10.60/share.

[setliff]

lack of volume is troublesome.

[setliff]

Precision Drilling Corp sets a new 52-week high 07/24 08:34 AM

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Precision Drilling Corp (PDS:$10.07,00$0.20,002.03%) crossed above its 52-week high of $9.91 on 9:32 AM ET on July 24, 2013.

on a roll volume is high first five minutes--very high.

jim

[setliff]

Precision Drilling Corp (PDS:$10.11,00$0.54,005.64%) : RBC raises price target to C$12 from C$11, sees the company's five contracted new build rigs as a positive indicator for the health of the Tier 1 rig market

[setliff]

COVERAGE REITERATED: Precision Drilling (PDS) reiterated by BMO Capital Markets. Reiterated rating Outperform. 07/26 11:54 AM
PT raised from 11 > $13

[dan_s]

I just assigned PDS to one of our SMU interns. We should publish an updated profile in a couple weeks. I have always liked this company.

[setliff]

* Precision Drilling (PDS:$10.06,00$-0.05,00-0.49%) : CIBC ups target price to C$13 from C$12 after the company reported an operationally solid second quarter with stronger-than-expected EBITDA (earnings before interest, taxes, depreciation, and amortization)