Zenith Energy Share Discussion Threads

[richie666] 20/1/2017 10:13

rbento - Ref - "Also what happens if the company disappoints...do you slap a sell rating on it even though you are a shareholder?"

If the company disappoints we lose money. If appropriate yes we would put a sell recomm on the stock. Have you seen our approach re PVR and management there? As I said, we are a research house unlike no other.

In the interim, let the company now do the talking and the share price we believe will respond.

[cpap man] 20/1/2017 10:06

Perhaps as previously posted FILTER is best scotty666 or maybe even a new ZEN tread started by a blue poster such as you scotty666?

Nothing about various points of view....more to get rid of the out and out trouble making trolls!

[pjj71] 20/1/2017 10:01

effiert- i do have shares in many companies thanks.. this not being one of them..

[pjj71] 20/1/2017 10:00

2LB - as I said a co-incidence and not a reflection on the current Zenith

[2lb] 20/1/2017 09:58

"and the last company that has the ZEN ticker (Zenergy power) co-incidentally ended up pretty much worthless.. as any investor will tell you: the trend is your friend."


I think this pretty much sums up the quality of your research and input

[pjj71] 20/1/2017 09:57

And as I said last week I reckoned we would be 9.5p by this Friday (which is the current bid) and 8.5p by next week.. so pretty much a spot on track record thus far..

[pjj71] 20/1/2017 09:55

Amazing how some take offence when pointing out the obvious..

Look at the facts:
FLAG 1 - stock pumped to death by twitter brigade and internet blogs
FLAG 2 - very weak balance sheet - no room for error despite high risk operating environment - unless stock rises cash call likely
FLAG 3- quality of stock ownership - Lenigas even features as a prominent investor

and the last company that has the ZEN ticker (Zenergy power) co-incidentally ended up pretty much worthless.. as any investor will tell you: the trend is your friend.

[scotty666] 20/1/2017 09:48

They have an income stream
They have finance facilities
They have cash
They have potential money warrants
They have low development cost

Most oilers valued significantly higher than ZEN have non of the above.
Good luck

[pjj71] 20/1/2017 09:28

more pump and dump red flags than a Spanish Bull Ring with this one....

the warrants as a source of funding is priceless... look at the nasdaq at the number of worthless warrants sunk like the titanic..

[rbento] 20/1/2017 09:22

Also what happens if the company disappoints...do you slap a sell rating on it even though you are a shareholder?Easy to say yes, but if it happens you will pause twice to think about it.....

[rbento] 20/1/2017 09:20

A case in point. A proper analyst would not count out of the money warrants in solving a black hole on the balance sheet.

[cpap man] 20/1/2017 08:00

Very well stated richie666

[honestcrook] 20/1/2017 00:01

Well put richie666.

[richie666] 19/1/2017 23:57

Rbento

I point you to here in our disclaimer - "Our research reports reflects the objective views of our team of analysts. As we actively seek to take the majority of our fees by way of equity payment in the respective companies we cover, we believe that we are aligned with both investor and the subject company. Additionally, we only write about those companies that we have conviction in. However, as a consequence of this alignment, our vested interest is in an increase in value in the subject company’s equity. As such, we therefore cannot be seen to be impartial in relation to the outcome of our reports."

There is a big difference between independent and impartial. We are totally independent and will only take on companies we believe in. That is pretty unique in the broking/research world.

Ref what you describe as a "dire" financial position of the company - we are very comfortable with the pro forma cash flows and would, as you seem to be an expert on the stock, point you to the prospectus and the warrant block outstanding. With circa 48m outstanding at strikes between 15 and 25c there is approx $9m CAD potentially due into the company over and above any debt refinancing and natural cash flows subject to the stock price trading between 10 and 16p.

Our stance is clear on ZEN - we believe them to be woefully undervalued and have put our money where our mouth is.

[rbento] 19/1/2017 21:00

Richie- fair play for coming out and defending your firm.However it is actually the case that taking shares makes you less independent as your fee now depends on the company's share price. I won't say that this is better or worse then the position of a Broker but you are no longer independent.As far as your note goes I am surprised that as a risk you fail to note the dire financial position of the company. Even in your risk section. Even a year 1 accounting student can see this.Whilst the accounts in the admission doc conveniently did not include the breakdown of payments due by period, it does in the SEC declarations.As at 30 sept 2016 ZEN has to pay $7.4m for debt and trade payables BY sept 2017. Its in the accounts. Fact. Note 19b says they will need to raise more money! The current raise isn't enough.Warning to you all.

[tidy 2] 19/1/2017 12:37

Dipping my toe in.

[honestcrook] 19/1/2017 12:35

Tidy 2. You in

[honestcrook] 19/1/2017 12:34

I'm in looks interesting and I think good potential.

[cpap man] 19/1/2017 12:20

POSTS 77 - 97 [most of which are extracts from the latest ZEN presentation] should cover it tidy 2

[tidy 2] 19/1/2017 11:51

When do the work overs start CM ?

[cpap man] 19/1/2017 11:20

AIM has always been an extremely volatile market as you no doubt know cielos but even the main board of the LSE [especially the small caps] can be pretty volatile.

ZEN have performed well since the recent IPO [as have GUN] but it is still obviously pretty early days.

Good luck with ZEN & GUN