||EPS - Basic
||Market Cap (m)
|Oil & Gas Producers
Amerisur Share Discussion Threads
Showing 78651 to 78675 of 78675 messages
|I'm waiting for Trump to say he's going to make Amerisur great again...|
|They can't publish what is yet to happen. Irrational expectations mixed with inept communication is not a good mix|
|Half an hour for pgw to relay the Wooster chapter for the week. Play cards close to chest but at least I'm ahead on yesterday's purchase.. we won't talk about last week until we surge past 30p and leave the field standing..|
|Little or no movement above 30 for. Ow ..
The share price movement all comes down to Amer communicating with the market and PIs, an announcement in Jan17 of
1) moving to 7.2kbopd production in 2017 h1
2) 5kbopd through OBA - 2.2kbopd now
(OBA roda debottlenecking underway and fix Ecuadorian reception facilities that are limiting the flow rates)
3) 4 well drills in the next 4 months with a schedule & drill / flow results
Platanillo 22/24 results 09jan17 - 28feb17
4) Engaged in talks for oil into OBA in q2.|
|Friday whoosh !|
|Or even getting near to it.|
|Still no sign of crossing the thirty markQ|
|Come on Amerisur, I have taxes to pay on the 31st|
|Hi Tony. See it now. Thanks.|
If you had looked at the RNS before asking, you would have seen that the reduction is less 80,000 shares.
From holdings of 60,637,452 shares, not a great number or percentage, but enough to cross a reporting threshold.
And it's not HH selling but their discretionary clients - or for than figure, more likely just one of their discretionary clients.
After all, it is school fees time - again!|
|Recent RNS. Is that a buy or sell from Hargreave hale?|
|Sell from 12:28 today.|
|27.25 2651524 O Y 26.5 27.0 17:15:05 2,651,524
from yesterday? sell ?|
|£900k buy or sell?|
|the delay is nothing at all to do with the management as they cannot act until the local dispute is sorted.|
|I'm putting it down to liquidity and the madness of markets Aceuk. I'm still claiming victory, I'll be right in the end... teach those newly made millionaires a thing or two :-)|
|> A friend of mine bought 500k this morning
Is S/he still your friend?|
|Managed a few.. down as a sell. Whew. Off to light a candle for St Anthony patron saint of lost causes, animals and such. And st christopher to map out direction >>>>>. The latinos will understand, I hope.|
|Ditto and I chose the wrong one many moons ago - IRON ;-)|
I guess the fact that I'm still here means I still have a little of your optimism.. either that or I'm just too bloody minded to give in after all this time.
Just a few more months...
Meanwhile if we'd all bought KENV... which I looked at and dismissed at 3.xp because of my disgust at management here we'd all be rich!|
|Where are the buyers of michikoko's Panama shares? So much for that theory. Something's whiffy about all this. I'll put it down to being a no news Thurs. Wooster friday on the cusp.. can I get some at 26.5p? Here goes.|
|al101 I totally agree with you regarding lack of information and false promises. However the bod have pledged to improve transparency, but also need to demonstrate increased drive and ambition. Hopefully we've turned that corner, the next couple of months will be of importance as they have promised to deliver a new pumping station by the end of the first quarter.|
|Time for a shareholder revolution and kick these guys into touch.. Have they been there too long. Do we need new blood with fresh eyes. Do we need a buyout. One thing is for sure Trump being sworn in is giving the market the Williams.|
Investing 101, share price is only relevant in the context of the number of shares in issue.
The market cap for both companies (if you deduct cash) is circa £300 million.
If you want the offsetting good stuff about AMER, there are a couple of big ones:
1) They own a strategic asset, if they can make use of it, it could be very valuable.
2) The production and reserves are artificially low for a couple of reasons, if they can resolve these issues then we should see a dramatic improvement in this comparison.
My problem is that the positives for AMER revolve around management having a strategy and executing it. It would also help if they could communicate that strategy and the timescales around it. As management have systematically destroyed all trust, it becomes increasingly difficult to attach a price to their promises... or even a price to their silence and assumed targets :-(
As you start to discount the things Amerisur say they are going to do, a company like Faroe looks increasingly attractive where the valuation is almost entirely based on what the company has already achieved.|
|al101. AMER can produce oil at $15p/b with further prospecting rights to increase reserves and I'm quite sure the promised 7.5kb/d will be delivered soon. Faroe at a £1 a share with its recommended brokers target of £1.20 isn't a steal. But at 400% less per share I would say Amer where.|