Afentra Share Discussion Threads

[excellance] 23/8/2022 13:02

Indeed, and at a higher share price

[croasdalelfc] 23/8/2022 11:51

Another director buy : nice

[burtond1] 23/8/2022 08:05

Transition in forward motion for @AfentraPLC say @TMSreach "Whether and how much the share price might continue to rise beyond the conclusion of the deal is uncertain. Investors seeking a stake in #AET may find that there will never be a better time to buy than now"https://total-market-solutions.com/2022/08/afentra-plc-2/

[excellance] 19/8/2022 14:30

Another Angola based company worth a look at...

[excellance] 19/8/2022 13:45

Not bitter at all about EUA, the great work they've done over a decade made me a fortune enabling my early retirement.

I am not happy about the war, which has delayed their plans, but some people are delighted by that, which is truly reprehensible.

Here at AET the directors believe they have a deal and so do I, but the share price won't fully reflect that until it's on the books.

[letmepass] 19/8/2022 00:04

Excellence bitter from EUA

[petersmith6] 18/8/2022 15:52

Do you think there would be more director buys if Angola wasn't going to happen

[excellance] 18/8/2022 15:15

Talks mean nothing...

They need to conclude the Angola deal and get that on the books along with the funding arrangements.

[petersmith6] 18/8/2022 14:53

They are in multiple negotiations so by organic growth we become more and more favorable

[excellance] 18/8/2022 14:36

What other producing assets?

[petersmith6] 18/8/2022 14:36

Now I love a dividend..do you know who else loves a dividend.. institutional investors... and when they get involved..people take notice...price goes up..and ..maybe a bid..or a bidding war

[excellance] 18/8/2022 14:30

Net revenue should be about $85m pa, before loan repayments, so we should make about $25m pa (£20m) bottom line profit pre tax.

Dividend?

[petersmith6] 18/8/2022 14:29

Now add on the income from there other projects and bye bye 30 p..hello.....

[excellance] 18/8/2022 14:27

$80m up front plus $50m per year for ten years, financed out of current cash and a loan.

Cost per barrel est $35

Net 4000 bopd for us, plus exploration potential.

[cashandcard] 18/8/2022 12:38

spooky,

On point - and all in good time. Every little helps as they say.

I have a small position and will keep adding at these levels. Summer quiet time is coming to an end and we will see action going into Q4 shortly.


Cash

[spooky] 18/8/2022 12:37

Would agree with the valuation comment Cash but there isn't always an immediate link to directors buying, particularly after the shares have doubled. Having said that, they could easily double again IMO.

[croasdalelfc] 18/8/2022 12:16

850k trade gone through late

[cashandcard] 18/8/2022 12:02

Undervalued significantly against the deal metrics in this OP environment.


Cash

[cashandcard] 18/8/2022 11:48

That's fair. Would have expected to see more large buys like in the first few days.


Cash

[croasdalelfc] 18/8/2022 11:46

It's about £38k for the two directors

[cashandcard] 18/8/2022 11:28

Yeah, 10k worth. Must be hard up, cost of living crisis taking its toll on directors I guess.


Cash

[excellance] 18/8/2022 11:26

26.88p he paid for 37000

[2prsimo] 18/8/2022 11:23

A bit more director buying - nice to see