ALERT HOV

On Thursday morning HOV will announce their results and it will be a catalyst either side.

IF HOV was able to generate a profit around 10 cents for the last quarter, expect a positive ride.

If their profit was over 20 cents, well get ready as it will hit the roof.

If no profit, expect 1,40$ or less.

Drum roll please:


I EXPECT between 20 and 30 cents profit and a major share price increase and this is based upon all contributing factors in the USA: low unemployment, higher new home sales and higher price.

I suspect that this trend has started many months ago and that it will reflect on their last quarter.

I also expect a great increase on their backlog and a large increase of that backlog value based on the same reasons.

Will i be right (again)

We shall see by Thursday lunch time.......

Contruction sector is on fire

Based upon today's US report of the construction sector, i would say that my first call about it was correct.

HOV and KBH will be the next one to profit.

HOV already made some good gains from 1,54 late last week to the 1,74 of today.

I still expect HOV to get well over 2$ if results are simply correct but could rally to a new 52 weeks high if results goes ahead of analyst consensus.

I took some profit off the table today but will take a wait and see approach until mid next wee.

Have fun

This coming week

This will be a very very interesting week on many fronts.

Oil: Watch for SUNCOR (SU.TSX) as they will be restarting soon the production and oil has stabilized around 50$ a barrel.

HOV is within 10 days of reporting their last quarter results. What will they be?

Expect highly volatile sessions coming for the next 10 days for the reason that if results were to be over expectations shares could rapidly climb over 2,25$ otherwise they could fall near 1,25$.

Have fun.

Air Canada Normal course issuer bid

Very interesting as Air Canada has renewed their right to repurchase company shares until 2017 for close to 3M of those shares (10% of the total float)

The impact on share price combined with actual results makes me think there is a very good upside for their share price.

So after selling most of those around 9,75 and buying back many at 9,30 and around, i will be accelerating the purchase of those shares as long as the price is under 9,60$

Have fun

June interest hike

Finally, it will eliminate the incertitude about where and when......

Those invested in US$ saw a devise gain today and the trend should continue for a couple of days.

As for oil, Suncor has evacuated staff from their plant BUT i still believe it will be for shorter period than previously announced.

Actual share price indicates a good time to get back in.

As for construction sector, interest hike will not change anything on the next earnings as it was for period ending march.

It sill then be interesting to listen closely to what they have to say in regard of Q3 as Q2 is already well advance.

Have fun

Alert Apple

Apple will surely rise today after Warren Buffet news about his stake in Apple.

BUT be careful, this is a temporary patch on the share price because the reality check is not Warren Buffet BUT the capacity from Apple to create a new revolution and not only another evolution.

BE CAREFUL......

Alert on Air Canada

Expect a rebound on Air Canada shares early this week.

Actual valuation simply does not make any sense.

Get ready

Alert on Canadian Oil Producers

Expect a return to normal earlier than originally thought

Expect SUNCOR (SUN) to restart production within 10 days or earlier.

Time to get back in

This coming week

Construction sector has been hit hard in regard of share price.

HOV has been hammered and sits now at 1,54$ that I suspect will not hold too long.

Same for HBK

I think that we could see an interesting reversal this week as the DOW has been negative for the past 3 weeks.

So in my opinion it is time to get back in those 2 and lets see how goes the week.

My entry point is between 1,50 and 1,59 for HOV with an exit point around 1,80

Have fun