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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 79151 to 79173 of 105625 messages
Chat Pages: Latest  3169  3168  3167  3166  3165  3164  3163  3162  3161  3160  3159  3158  Older
DateSubjectAuthorDiscuss
21/2/2017
14:44
it been fallin like a knife for weeks and some of ya still dont take the heavy hints

told ya 22p on the board

21p tomorros

this bein rerated down coz 7000bopd aint comin any times soon

fsawatcher
21/2/2017
14:35
Where's the TA perspective, or did they all bolt a long time ago?
al101uk
21/2/2017
14:31
I'm thinking someone must be sitting on some really bad news and we will be the last to know
lucyp00p
21/2/2017
13:51
wl,

I like to flag my outs, so I have an excuse ready when I'm wrong ;-)

Fortunately I only talk about the underlying business not the share price, so there are very few people who can prove anything in any event.

al101uk
21/2/2017
13:05
It does look like there has been a concerted effort for weeks to walk the price down here ,,,that is compounded by potential buyers seeing the walk down and sitting on the side lines to the tide turns ( me included ),, I've learned painfully not to fight against the tide and trying to work our what's going on behind the scenes would give Einstein a head ache ,,,Amer is a storming buy ,I'm just waiting for greed to cancel out fear ,,,,,charge !!!
trotting12
21/2/2017
12:49
al -- oil looking ok atm -----

Oil prices gained on Tuesday as investors held on to their bullish positions, betting on supply to tighten as major producers cut their output.

The April contract for global crude benchmark Brent was up 0.9% at $56.68 a barrel while its U.S. counterpart West Texas Intermediate gained 1% to $54.31 for March deliveries.

Juuunx -- ''someone is forcing price lower''

I know. Been the case for weeks now. What we don't know is - why !

westmoreland lad
21/2/2017
11:30
We had negative operating cashflow at interims ($0.4 million) which was not as bad as 2015 because we cut production. Every additional barrel we produced was adding to our losses.

We can look forward to that turning positive again at full year and the start of the production ramp up.

The question is can the upward momentum of out operational cash flow in the second half offset administrative expenses and amortization for the full year. I suspect not. Operationally I think we'll be showing a loss for the full year, although it shouldn't be anything too drastic. I would be looking for a small profit in the second half as a stand alone.

I'm not too worried about capex, I trust management to allocate capital efficiently and it will all end up on the balance sheet anyway. The scare mongering about further placings I assume to cover operational issues is what concerns me and I don't really see that being the case.

Amerisur have a debt facility, but they don't seem to have any inclination to use it, if the cash balance (after capex) falls to far I could see them using another placing to bulk it up again.... but as you say charlieeee, the cash balance, from some rough calculations should cover it.

As I said in my previous post, the business hit it's floor at the last interims, the full set of results for 2016 should show the first green shoots and the next interims should show us well and truly back on track.

I'm calling the bottom folks. Barring another oil price crash, I think we've turned the corner and it's only a matter of time before the share price reflects that.

Ha, thought I was disagreeing with you charlieeee, but just read your post again... we concur :-)

al101uk
21/2/2017
11:03
No comment on POO gyrations, which impacts directly on our profitability/cash flow?

Trying to project the 2016 year end results, it is certainly going to be a year of 2 very different halves, with average sales price probably up more than $10 per barrel, volume increase of 1500/2000 BOPD and the additional contribution from the sales through OBA cutting costs for 2 months on perhaps an average of 2000 of those BOPD.

Very "back of the envelope" it does look to me as if the $7m loss in H1 2016, should be largely cancelled out by the H2 2016.

On cash flow for H2 2016, there should be a decent operating surplus of the $7m profit (on my above assumptions), plus the depreciation/amortization which are added back to the cash calculation and reduce the overhead deduction.

The capitalized expenditure in H1 2016 looked to be particularly heavy, with $12m on Paraguay/Ecuador (possibly including the OBA, but probably the Paraguy activities) and relatively modest sums on Plat.

If capex has continued in H2 2016 on Plat at the same rate, I would dismiss all the scare mongering about a substantially diminished cash balance.

Of course, once they reach their target BOPD, then substantial exploration can be funded out of the cash flow: order of play is important in managing cash flow.

charlieeee
21/2/2017
09:07
The signal to noise ratio varies depending on the background levels of company activity and stock market activity. If you visit the board for long enough and compare the posts with the narrative you will winnow out those who's views can be respected and considered and those who are trying to push buttons or are merely noiseQ
quidnunc
21/2/2017
09:02
23p the bottom, Shirley?
bigwavedave
21/2/2017
08:58
Since I blocked the puerile rantings of FSA and his faux dyslexia my life has improved no end. Of course the collapse in the share price is the yang to his yin but you can't have it all
lucyp00p
21/2/2017
08:54
Why does FSA write as if he 'Just William?' - anyone here remember those books by Richmal Crompton? Apart from that,he does not seem to have a clue.

Amer will start its steady rise again very shortly in my view because the Board's collective ego and their greed will require it.

sharesure4
21/2/2017
08:50
dayway, is that not the fundamental purpose of a share chatboard ?

Let's face it, without "conjecture" it would be a pretty pointless exercise attempting to discuss what the company tells us through official channels !!!!

ladeside
21/2/2017
08:20
Fsa, your an idiot, you were the one bigging this stock up not long ago, you wouldn't shut up with your silly posts!
kerri28
21/2/2017
08:17
All can be fixed - different matter if it could not be fixed. Once more people - this free chat board is not going to effect the share price overall but some people will be fooled by it and use it as a guide as to buy or sell shares in Amer...IF THIS IS YOUR ONLY SOURCE OF INFORMATION YOU SHOULD NOT BE INVESTING AT ALL. DO NOT BUY OR SELL BASED ON WHATS SAID ON THIS FREE BULLITIN BOARD, ITS FULL OF AMATUERS LIKE ME WHO ARE MORE INTERESTED IN VENTING ANGER CAUSE THEY DON'T KNOW WHY THEY LOST MONEY.
francis55
21/2/2017
07:55
buyin? ..no thank you


1. awful set of results
2. cash position fallin
3. more drill delays
4. land / licence relinquishments comin?
5. management heads on block before AGM
6. not much operational news until end of year
7. fund raisin comin to acquire partner oil and pump house?

not in order but that wot i fink happen in next 3 month

sp goin to 16p, coz no one wants this. Rexy boyo goin for blood at agm i reckons.

market cap way too high at 280m

should be 150m

22p today?

fsawatcher
20/2/2017
21:38
If its being touted for sale surley this price is attractive to all potentoal buyers - but no takers because its not for sale because its Columbia... lets face it any land drilling oil company has issues with social unrest, its par for the course and the team at Amer have abundence experience, they must have to be able to drill deep into FARC country without too much trouble. So people start looking at the turnaround in profit from 2015. P22 coming on line. Bottleneck in OBA coming good and the acreage they have in the area increasing all add up to a huge return to profit and buying at today's bargain price should make for a tidy profit come April...
francis55
20/2/2017
21:17
Somnus

From any forensic analysis of the data, it can be seen that the "big seller" myth is simply that.

This is a share which is being steadily taken down, despite the upward/buying pressure which is evidenced by continual above mid-price transactions: "sells" being shown as "buys" means that Mr. Market is keen to get its hands on your shares.

At the end of the day, the UT should reflect close of play. On Friday, it was particularly noticeable that "buys" within 2 minutes of the bell traded at 24p, whilst the significant 94,777 UT was at 23.25p. That begs the question of why that bargain was not available for those pre bell trades: a "true" market is supposed to offer best price at all times.

I really like the company and its prospects, but there seems to be more money to be made here out of identifying a rigged market and using the opportunity to acquire cheap shares.

Normally, I dismiss conspiracy theories out of hand, but it is difficult to do that having been confronted with the data on OBA day: see the old dog (already clearly in possession of the OBA information) doing its trick of taking down the share price and heisting shares from the unwary.

So, when Plat 22 finally gets going, think of this current share price as "mates rates".

charlieeee
20/2/2017
18:31
Far to much conjecture on this board has added to the share price fall.
dayway123
20/2/2017
17:31
Surely share price simply reacts to persistent seller of chunks of 20-100K whenever space permits. Assuming that seller holds 100M or so and is determined to make a point he has a while to go yet. That does not affect the ultimate value of the company, which will show through either when the point is made (by resignation or by exhaustion)or by sale. As charlieeee says above there is comfort meanwhile in profits accumumating at $1m per week.
somnus101
20/2/2017
17:08
No link curry.. do own research. Ecuadorian data is all I know. Respected source.
valentine
20/2/2017
16:48
Well if AMER was a "best buy" at 29p, then logic says it must be a "super best buy" when it goes into "bogof" territory.

Sentiment and lack thereof, so drive the market.

Seeing beyond it is the value opportunity.

I had a quick look at the most recent SOU presentation and would tend to agree with Rollthedice. 2019 for that stupendous and not yet wholly proven up Moroccan asset gas production and how many possible banana skins between now and then? Yet all the groupies trotting along behind the pied piper (slightly mixing my metaphors)full of euphoria.

Here, with massive acreage and established profitability per barrel, plus funds to roll out the comprehensive campaign and everyone is in manic depressive mode, just because we have to wait a few weeks for Plat 22 which is still shown as starting in Q1. The added bonus here, is we know that AMER are experienced drillers and there are not too many historical examples of fishing for dropped tools etc: once they get going and record a few good results, 23p could start to look like the proverbial gift horse, once sentiment turns.

In the meantime, I comfort myself with the "security blanket" of knowing that even at the current rates and volumes, operating profit is running at not much shy of $1 million per week.

There again, one could always try the GC mantra, "major player buyout": said often enough, it might even lift sentiment here..

charlieeee
20/2/2017
16:19
Added a few at 23.13 GLA
spudders
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