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AMER Amerisur Resources Plc

19.18
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Amerisur Resources Plc LSE:AMER London Ordinary Share GB0032087826 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 19.18 19.18 19.20 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Amerisur Resources Share Discussion Threads

Showing 79076 to 79098 of 105625 messages
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DateSubjectAuthorDiscuss
16/2/2017
12:05
Sadly "we" are no better off
lucyp00p
16/2/2017
11:57
Amer has come a long way, even with the fiasco of getting OBA up and running ( over several years), we are in a better position than last year, except for production increases( and the unknown timing to get those increases with a further 3 month delay).

The share price with OBA in place is undervalued ( 25p should be the floor) , the problem is there is an opportunity cost of investing elsewhere in the current market, until amer demonstrates its ability to deliver, more importantly communicates regularly and stops slipping dates. We have a confidence issue with GC, which might get resolved at the AGM or before it.

If you are willing to hold, this will be above 30p within 4 to 6 months if amer communicates and delivers.

Brokers still say 46p as a target, but that needs the $52m Capex programme for the next 12- 18 months to be successful.

Amer is making more money this year than last year!

3200 bopd x 350 assuming 15 days outages( = 1,120,000 barrels/ year
1,120,000 x $12 (saving/ barrel due to OBA) = $13.5m year extra revenue

And POO is at least $10 higher than last year, so

4218bopd x350x$10 = $14.7m

So we are already 13.5+14.7= 28.2m better off!

If we can get some more oil in the next 3 months into OBA either through production increases or by getting other 3rd party oil into the OBA pipeline!

oilandgas1
16/2/2017
10:56
The other consideration is that GC is a money man, he likes being paid for what little he does. It's quite possible that he volunteered to give up his options for a very good reason or that giving up his options has raised the profile of alternative ways to "cash in" in his mind.
al101uk
16/2/2017
10:50
In business, the only thing that matters is a "quick buck".

Money has an opportunity cost: Rex Harbor (getting it wrong of course) demonstrated that mindset and we have some 60% of the shares in institutional hands, who will be champing at the bit, thinking no further forward than their year end bonus.

JW might go with the business (from what you say, he would be regarded as an asset), but of course, GC's role as strategic thinker and "our man in Buckingham Palace" would be redundant.

What is becoming obvious is that this was an oil play with a political twist: that is what makes it currently stand out from its peer group and if that is to be capitalized, now is the moment.

I am just putting forward the (somewhat unpalatable for LTHs)alternative view, Lucy and we might, in 12 months time, still be here, moving steadily on to becoming a mid tier producer (obviously your preferred option)exploiting the potential ourselves.

charlieeee
16/2/2017
10:45
This team has been in control for nearly 10 years. I'm not sure that selling out now constitutes making a quick buck.
blackdown2
16/2/2017
10:04
I just don't subscribe to the idea that all the struggle and engagement in the region has been simply to make a quick buck. While GC might be prospecting I can't see JW - who seems passionate about making this company develop looking for a new challenge post Amerisur. He seems to love the work and the country, I'm pretty sure he's not short of a few quid and it sure is an easier place to do business of late. Of course if a suitor came in and offered good money there's no question it would be considered, but even a 200% premium to the current low share price would seem cheap given that all the heavy lifting has been done. But.....wtfdik
lucyp00p
16/2/2017
09:34
"potential" is clearly the key word.

I was looking back over previous presentations (which are also on the website) and it struck me how much the area had been expanded, particularly the consolidation round the OBA cluster, with Put 8 and Put 9.

By spending their time on acquisitions, management have set up a really attractive prospect for a larger player who wants to get in on the Colombian peace act and requires short term payback and on-going prospects already out of the exploration starting blocks.

Obviously nuggets such as "Colombian" workforce are there to reinforce that sense of first mover advantage.

charlieeee
16/2/2017
08:56
Maybe to potential buyers?
blackdown2
15/2/2017
22:33
Wonder who they are presenting too, it seems to be structured differently to a normal investor update.Talks about Colombia as an investment case!
tommygriff
15/2/2017
22:09
February investor presentation on Amerisur website. Not sure it is radically different from the previous versions, but worth a look.
blackdown2
15/2/2017
16:57
trades page, 1.76m buys to 520k sells
currypasty
15/2/2017
16:02
Well said 9b. Long term holders know that we have had many bear raids on AMER over the last 10 years or so, and this is what is happening now. Best to sit tight and ignore all the manure that's flying around.
blackdown2
15/2/2017
15:34
Just you get out in that bloody garden !!!
ladeside
15/2/2017
15:28
23.75p

still no army of buyers

jus a load of peter's

fsawatcher
15/2/2017
15:24
It is Thursday tomorrow !!
bigbas
15/2/2017
14:38
francis,

I think your talking about simple averaging down.

A short is taking a bet that the share price of a stock will fall, simple and pointless if your already long.

A hedge is having a positive view on a stock (going long), but eliminating possible market/sector risk by taking a short on a DIFFERENT stock in the same sector (or even shorting the sector itself).

So a hedge on a long Amerisur position might be a short on a heavily geared mid cap oil company that is likely to react badly to a deterioration in the price of oil.

You get the company specific risk of owning Amerisur, but you offset losses caused by an oil price fall (a sector risk) because your short is likely to pay out in that event and offset your losses.

al101uk
15/2/2017
14:38
if rex want gilesy and wardle out the he gonna drive share price lower so all holders get more impatience

get share price to 18p pre agm and giles and john are toastie crumpets that been under grill too long

fsawatcher
15/2/2017
13:40
1 trade just gone through....lets hope its code for an rns stating GC is going and someone with oil experience is coming in
bibdaddy
15/2/2017
13:35
Some shares are hold & some sold when high and hedge back down to 24p...
francis55
15/2/2017
12:30
Don't agree with much FSA posts but he(?)'s correct when he says that on previous, recent tests of 24p we've seen pretty rapid bounces whereas on this occasion it's acting as resistance. I wouldn't be surprised to see share price go lower which is why I'm keeping some powder dry!
rollthedice
15/2/2017
12:03
once it turns?

wait for news gilesy and wardle steppin down

then it will turn

agm in May, so they step down in april coz large holders vote them out for poor performance and takin bonus award shares when they dont deserve them

fsawatcher
15/2/2017
12:00
L2 stronger? No it isnt.

it been heavily weight on offer size for days now

4 to 1 on offer to bid

fsawatcher
15/2/2017
11:54
Francis,

You didn't answer my question, how does going long and short on the same stock at the same time give you any advantage over just being long or short?

"I am sitting on close to 700k shares bought at various prices with an average of 26p but i also have a tidy sum making me money shorting or hedging Amer you choose the word that your comfortable with."

Far as I can see you're just racking up costs and tying up capital for no reason.

Maybe I misunderstood, are you shorting or hedging, there is a huge difference, I'm sure you can explain?

al101uk
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