Gran Tierra Energy Share Discussion Threads

[high stock jim] 29/12/2010 16:20

TREE SHAKE

[goodboke] 29/12/2010 15:40

Thanks Joe.You too.

bozzy. Average 8.25.Saw it this mornning and could have bought for less then 6p but was concentrating on my other shares.Good luck

[joe the plumber] 29/12/2010 15:36

Really sorry goodboke it's just that I have held stock and listen and read peoples post only to sell and lose money also missed good stocks with fear that some people spread hope and wish you the very best of luck happy new year

[bozzy_s] 29/12/2010 15:34

What's your average goodbloke? I managed to do my research this morning and got in at c.5.25p having read and re-read the last results, today's update and today's business sale.

It's got to be worth well in excess of 10p per share on a 'breakup' basis. And trading as a going concern with the profitable main business retained, perhaps 30p would be fair.

[goodboke] 29/12/2010 15:28

You too Joe.The last thing I want is to deramp this stock.Just wanted to confirm the debt situation and asked a rather rhetorical question justifying the rise.Following more detailed research I like the story and am now in for 250K however had to pay more for my delay!

[joe the plumber] 29/12/2010 15:26

Goodboke hope we ok now I am so sorry

[high stock jim] 29/12/2010 15:18

Many Thanks mymini and goodboke :-)

[goodboke] 29/12/2010 15:16

yes but closes 12.30 friday HighStock

[joe the plumber] 29/12/2010 15:15

Goodbloke sorry mate it's just I get a little upset about people deramping and next I know it's going up and I end up kicking myself having read post so sorry happy new year

[mymini] 29/12/2010 15:15

yes...

Wednesday, 29 December and Thursday 30 December
Market hours 08:00 to 16:30,

Friday, 31 December
Market hours 08:00 to 12:30,

Monday, 3 January 2011
Closed

Tuesday, 4 January onwards
Normal hours apply, market hours 08:00 to 16:30

[high stock jim] 29/12/2010 15:10

is the market open tomorrow anybody?

[gdasinv2] 29/12/2010 15:06

The investor bought equity @65p, @45p, @37p ranch...and They did not raise any further money..and asked GTE to sell few assets and focus the business in more Niche and profitable area. You mat read last 1 year RNS. So GTE sold the aviation business at a good deal and focusing on its core business. The price very undervalued to their P/E ratio...the current sell shows the business strangth and value of its business. Thus the rise and recover to a normal Price from 30p...onwards or in other words they could sell entire business and the intellectual for @50 - 70p Price bracket.

[gdasinv2] 29/12/2010 15:06

The investor bought equity @65p, @45p, @37p ranch...and They did not raise any further money..and asked GTE to sell few assets and focus the business in more Niche and profitable area. You mat read last 1 year RNS. So GTE sold the aviation business at a good deal and focusing on its core business. The price very undervalued to their P/E ratio...the current sell shows the business strangth and value of its business. Thus the rise and recover to a normal Price from 30p...onwards or in other words they could sell entire business and the intellectual for @50 - 70p Price bracket.

[high stock jim] 29/12/2010 15:05

predictions of close price anybody ;-) I will say 9p close

[bozzy_s] 29/12/2010 14:54

Goodbloke, see the previous reported balance sheet.

Net asset value (including intangibles) of $32m.

Assuming the business sold had various intangible assets within it's balance sheet, which is a fair assumption, then the net asset value of GTE would have risen to $42.6m, with cash +$17.1m, intangibles say -$4m, tangible assets say -$2.5m, as a rough guess.

You could also argue that the remaining trading business has a value well in excess of the $17.1m selling price for the non-core division.

[pre] 29/12/2010 14:30

well done folks who got in here...another to watch is NASA...50k sell vs 2.5k buy...looks very interesting..dyor etc and gla:-)

[goodboke] 29/12/2010 14:27

ayesha Not deramping just trying to justify price when it appears to have a lot of debt.can someone give a sensible answer please

[joe the plumber] 29/12/2010 14:25

Topped up again had to pay 8.25 for large amount can not buy online phone only

[ayesha4] 29/12/2010 14:23

get a life

[ayesha4] 29/12/2010 14:23

you mean this "inflated" matket cap of £7m? lol

[goodboke] 29/12/2010 14:11

they have 19 million debt if i am reading accounts right? What justifies this price?

[ayesha4] 29/12/2010 13:19

way tooo cheap