Amerisur Resources Share Discussion Threads

[foiledagain] 10/4/2019 09:53

Yes that does need answering.

If they are playing at Forex trading it contradicts their comments on not hedging oil prices when they were plummeting.

For the avoidance of doubt i had no problem with them not hedging oil but seems weird then to lose on forex

[lucyp00p] 10/4/2019 09:35

I'm still curious about a $2.6 mm forex loss. Income is booked in dollars, expenses surely likewise save for salaries and possible local wages so someone is presumably using the monster cash pile to play at currency trading otherwise how is such a massive loss possible?Give it to the shareholders and let them play that game

[moneylender] 10/4/2019 09:32

May 14th St Mellon's hotel, Cardiff.

[eddie_yates] 10/4/2019 09:05

When is the agm??

[n95] 10/4/2019 08:13

I see RBC are able to see through the wood. Things have to change with this company. Jam tomorrow doesn't spread anymore.

[tyler durden1] 10/4/2019 08:05

RBC and the like might be of opinion that jam tomorrow and wonderfully positive comments from Amerisur are not in line with jam today remunerations BoD seem to have enjoyed for quite some time

[ppceh] 10/4/2019 07:37

RBC have cut price target to 15p from 22p. Seems a bit harsh?

[lauders] 10/4/2019 02:26

The presentation from JW seemed positive to me yet again homebrewruss. The only other comments I would make are that on slide 6 it shows that of the ten planned wells to come in 2019 the wording "up to" and "1-3 wells" is used so realistically we may be talking of say 5 based on past experience, if we are lucky! The other point is that on slide 9 the text under "Social Investments" and JW words do not seem to indicate a British company taking advantage of the locals as some previously shared media would make us believe. Really needs one of these interviewers to ask this question directly and for us to see the eyes and body language too IMO!

[hsduk101] 10/4/2019 02:24

They say they have a strong order book which will keep them on the go for at least the next 6 months. On top of this i read they have 44m in cash and also Zero debt!

Whats not to like about this!

From the headline facts it looks a 3 month buy and hold this

[thevaluehunter] 09/4/2019 23:48

Seems to be c3900 going through the OBA



(Prod-Mensual-Fiscalizada-09-ABRIL-2019)

[avsome1968] 09/4/2019 21:14

Nearly 4 months into 2019 and we've gone backwards in share price my profit dwindles most didn't expect it, but next 4 months could easily be in the 30's lot's to come from AMER this year, news good or bad will keep us on our toes.

If any have ISA still to fill check out CERP news to come shortly on there drill program.

[newtothisgame3] 09/4/2019 20:27

#amer #April 09, 6:33pm
#Amerisur output rises and falls
Despite a rise in output in 2018, the Colombian independent's production has dropped so far this year

[newtothisgame3] 09/4/2019 20:27

#amer #April 09, 6:33pm
#Amerisur output rises and falls
Despite a rise in output in 2018, the Colombian independent's production has dropped so far this year

[vermilion1966] 09/4/2019 20:10

Kaos - turn off Google Translate

[kaos3] 09/4/2019 19:53

stimulation should be fair. over and under achieving should be equally "rewarded".

no 10 wells drilled this year - all stimulation voided.....
positive reinforcement only is an american sheep producing school mechanism. look where that culture went. chinese know both sides of the stick - a balance

[tsmith2] 09/4/2019 19:39

Has management alluded to what receive for transporting other people's oil through the OBA anywhere?

[napoleon 14th] 09/4/2019 19:27

I share the frustration of others here. The board are very generous...to themselves!

SP has been a bore for years - dead money and no divi to make up for it.
IMO this makes for quite a lot of selling pressure from the likes of us.
Complicates management's chances of making their targets.
At least they're not a shower like the team at TRAK!

[farview1] 09/4/2019 19:18

Any news of the conference call this afternoon ?

[11_percent] 09/4/2019 19:15

From the presentation.

Amerisur Resources Directors hold 4.9% of the share capital

£1.42m worth of shares purchased by the current Board since May 2018.

That's 5 director buys, with JW having 4 goes.

[moneylender] 09/4/2019 17:46

3 big trades just printed, two of which are obviously linked to the ones this morning.

[thevaluehunter] 09/4/2019 17:33

Enterprise value of c£140m, c6x 2018 ebitda based on current production.

[knackers] 09/4/2019 17:08

A $90m farm-in against a fair-sized chunk of AMER’s portfolio suggests otherwise 11pc.

If the BoD fail to get the share price moving within the next 2 months, odds-on we’ll be taken out before interims.

Meanwhile, expect poo to continue to strengthen.

[homebrewruss] 09/4/2019 16:56

Brief audio presentation of results by John Wardle:

[moneylender] 09/4/2019 16:48

rossannan9 Apr '19 - 08:09 - 18817 of 18889
0 8 0
You in fact said “I think the market will mark this down, being realistic.”

Looks like I wasn't that far away from the fact, ended up down 0.1% lol