Translated from the following: http://www.hegnar.no/analyser/article430211.ece
Today's report from Terra Markets referred to QEC (and Algetea) as todays best buys.
• Questerre (19.30) - A good upside as gas prices strengthen. Natural gas prices have followed the seasonal development and appreciated by 16 percent to $ 4.7 / mmbtu in the last seven days. We estimate the fair value of the stock to 32 NOK (5.10 CAD). We are assuming a gas price in line with the futures market. We believe gas prices in the short term, supported by seasonally strong demand during the summer, may create a positive sentiment for the stock. Furthermore, we are positive to the gas price in the long term due to strong demand growth in Asia.
Article by: Stian Jacobsen (Reuters - 07/06/1910 12:24)
This is a somewhat strange recommendation in my opinion which only links QEC to a generally improving market for NG. No mention whatsoever of the approaching triggers that are QEC-specific. Still, a recommendation is a recommendation and can only help us on our way so I thought I'd better publish it anyway...