1. Exit Case: Paramount Resources Ltd

Overview:

Paramount Resources Ltd (TSX: POU) is a Canadian energy company that explores, develops, produces, and markets natural gas, crude oil, and natural gas liquids. The company takes part in exploration and production in Alberta and British Columbia. Sales for Paramount's products are priced in a multitude of markets that span the United States and Canada. Depending on the product, contracts can have daily, monthly, or long-term agreements..

Recently on 14^th Feb 2025, the Board of Directors of the Paramount Resources Ltd declared a special cash distribution of CAD 15.00 per Common Share. The Special Distribution will be comprised of a return of capital to shareholders in the amount of CAD 12.00 per Common Share and a special dividend in the amount of CAD 3.00 per Common Share.

POU has been a part of the ‘Growth Portolio’ since 10 September 2024, however, considering this special distribution and after making adjustment in the price of the stock, and ~23.73% upside from the entry price after adjustment, an ‘Exit’ is recommended from the stock at the price of CAD 16.02, (as on 15^th April 2025).

Paramount Resources Ltd (TSX: POU) 

2. New Entry Case: Lassonde Industries Inc. (TSX: LAS.A)

Overview:

Lassonde Industries Inc. (TSX: LAS.A) is engaged in the development, manufacturing, and marketing of ready-to-drink fruit and vegetable juices and drinks. It also acts as a producer of store brand shelf-stable fruit juices and drinks in the United States and a major producer of cranberry sauces. The company operates through a single segment being the development, manufacturing, and marketing of a wide range of ready-to-drink juices and drinks; frozen juice concentrates; and specialty food products; and the importation, packaging, and marketing of selected wines from several countries of origin.

Technical Analysis: On the daily chart, LAS.A prices are trading above an ascending trendline, indicating positive momentum. The 14-period Relative Strength Index (RSI) stands at approximately 65.51, reflecting strong buying interest. Additionally, prices are positioned above the 21-period Simple Moving Average (SMA), which could serve as a support level. The key support for stock is at CAD 194.91, while the critical resistance level is at CAD 232.29.

Considering the above mentioned factors, technical analysis, support & resistance levels, key risks and outlook an ‘Entry’ is recommended in the ‘Growth Portfolio’ at the current market price of CAD 209.28, as on (as on 15^th April 2025). 

Lassonde Industries Inc. (TSX: LAS.A) has been identified as the new entry to our Growth Portfolio.

2.1 Support and Resistance Summary (as on 15^th April 2025)

2.2 Lassonde Industries Inc. (TSX: LAS.A)

Note 1: Past performance is neither an Indicator nor a guarantee of future performance.

Note 2: The reference date for all price data, and currency as of 15^th April 2025). The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings.

Disclaimer

This information should not be relied upon as personal financial advice by Kalkine on (i) the stocks or (ii) the use or suitability of the model portfolios. Only an investor knows about their circumstances to make an investment decision.

Model Portfolio has been prepared for illustrative purpose only and does not take into account the objectives, financial situation or needs of any particular investor. Accordingly, investors should, before acting on the information, consider its appropriateness, having regard to their objectives, financial situation and needs. Past performance is not necessarily indicative of future performance results. Actual investment returns will vary, and the value of investments can go up or down.