Amerisur Resources Share Discussion Threads

[fangorn2] 14/9/2018 15:24

"You're or You ARE"
:)

[paleje] 14/9/2018 14:39

IC reiterated their buy stance today.

Fortunately, low operating costs and higher realised prices have led to a bump in cash. All drilling, both planned and ongoing, is now fully funded. And since the period-end, the Pintadillo-1 well has been spudded and civil works at the Indicio-1 well have been completed.

Peel Hunt expects full-year adjusted pre-tax profits of $37.3m (£28.5m) and EPS of 2.6¢ ($41.7m and 2.2¢ in 2019).

Sensibly, the brokerage is not factoring in a major increase into its earnings forecasts, which translate to a 2019 enterprise value to cash profits multiple of three. That rating is less important than the result of the next couple of wells, the first of which the company believes has at least a 50 per cent chance of success; results here will determine any change in our buy call. Last IC View: Buy, 15.4p, 16 Apr 2018

[juuunx2] 14/9/2018 14:38

Your still boring

[fsawatcher] 14/9/2018 14:19

genel underpriced coz market knows they have no controls over oil coz they dont own it

kurds own it and pay genel wot they can afford

iran kick off next years and kurds prob shut down all oil for good

genel tank to nuffin

hayward and rothschiled done runners aint theys

[fangorn2] 14/9/2018 13:28

Amer is way over priced.

As an illustration Genl are producing over 32,000 bopd and have a market cap of £625m.

Amer are producing 5,000 bopd and have market cap £184m.

Amer should thus have a much lower market cap - max £100m, not £184m.


Look at it another way.

Genel is woefully UNDERPRICED! Genel should thus have a much higher market cap!

Poor deramp.

[laptop15] 14/9/2018 13:25

Sorry 129k

[laptop15] 14/9/2018 13:24

128k buy....todays the turning point imo...Good drill results next week and its back to 20p

[laptop15] 14/9/2018 13:14

Nice to see all the big buys coming in today, think I know who's doing them

[knackers] 14/9/2018 12:18

Ah 'tis a laughable valuation but know why that is and should, as Ace says, be grateful.

"Get some nuts"

[podgyted] 14/9/2018 11:25

Arden note now on research tree :-

"Execution of Amerisur’s drilling and pipeline upgrade plans broadly in line with expectations will mean a busy period
of newsflow, with the potential for numerous positive catalysts. Risk will also be spread across up to 14 wells, helping
control downside potential. All of this is supported by the existing production and cash holding. While further delays could
create disappointment amongst investors, new drilling is now underway, and when this is combined with the underlying
asset position, and the discount in the current share price, we have a Buy recommendation and 30p price target. "

[ken chung] 14/9/2018 11:11

Amer market cap should be no higher than £100m and share price 10p max.

[moneylender] 14/9/2018 10:44

well said Aceuk

[aceuk] 14/9/2018 10:42

Oh right, a broker note is going to make all the difference - get a grip. Until The City knows there are no more millions of unwanted shares the price is not going to rise that much - as several here keep saying 'be patient and grateful for the opportunity to by 50 pences for 15 pence'.

[ken chung] 14/9/2018 10:32

New Mexican president to increase oil production by 800,000 bopd. Will cause price of Columbian oil to fall.

[ken chung] 14/9/2018 10:30

Amer is way over priced.As an illustration Genl are producing over 32,000 bopd and have a market cap of £625m.Amer are producing 5,000 bopd and have market cap £184m.Amer should thus have a much lower market cap - max £100m, not £184m.

[gemlotte55] 14/9/2018 10:26

Thanks laptop

[deanroberthunt] 14/9/2018 10:25

operating off just 3x EBITDA....crazy....

[knackers] 14/9/2018 10:09

Utterly bonkers valuation. Plain and simple.

Expecting a very sharp re-rate with bit success. Keep watching it'll come, 'N' sand is prolific in this neck and untapped.

[laptop15] 14/9/2018 10:09

Coming soon, I got word that its good

[laptop15] 14/9/2018 10:07

https://twitter.com/laptop1515/status/1040526798201741313?s=19

[gemlotte55] 14/9/2018 09:59

Can you share please laptop

[laptop15] 14/9/2018 09:55

As i said news is out on the new cantor note, a few in the know are buying. 1 x 100k buy, 1 x 150k buy

[laptop15] 14/9/2018 09:48

Good note on cantors out today on AMER :)

[cutlery] 14/9/2018 09:40

Knackers - I totally agree.