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Terex Corporation Message Board

cbd0012003 5 posts  |  Last Activity: Jun 13, 2016 3:51 AM Member since: Sep 30, 2012
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  • Reply to

    Insiders

    by chumpbuttsmeller Jun 12, 2016 9:39 PM
    cbd0012003 cbd0012003 Jun 13, 2016 3:51 AM Flag

    Why not mention that to investor relations?

    Sentiment: Strong Buy

  • Reply to

    Simple math on BCEI, any intelligent input welcome

    by gandhip Jun 5, 2016 9:53 AM
    cbd0012003 cbd0012003 Jun 7, 2016 6:18 PM Flag

    The valuation for the bulk of the assets (the Colorado acreage) is from comparable acreage that recently sold from NBL to SYRG. BCEI's core acreage is in close proximity to that acreage so would be valued comparably. That sale was when oil prices were a bit lower than current prices. The RMI valuation is a good bit lower than the price that bcei recently had under contract for that fell through. Oil prices are about where they were when that contract was made if my memory serves me.

    Sentiment: Strong Buy

  • Reply to

    Simple math on BCEI, any intelligent input welcome

    by gandhip Jun 5, 2016 9:53 AM
    cbd0012003 cbd0012003 Jun 5, 2016 11:13 AM Flag

    Pretty much spot on IMHO. Except the SYRG purchase of Weld County UNDEVELOPED acreage was at over $15K per acre. Again, that was undeveloped acreage. Putting that conservative valuation on BCEI's Wattenberg acreage gets those assets over $1 bil in value and gets share valuation over $10/share. It appears Mr. Market is giving BCEI about a 75% chance of bankruptcy. Which seems very unrealistic.

    Sentiment: Strong Buy

  • Reply to

    What is BCEI acreage worth?

    by mwatt007 Jun 1, 2016 10:56 PM
    cbd0012003 cbd0012003 Jun 2, 2016 7:21 PM Flag

    I feel like BCEI buyout potential has soared thanks to the hedges and oil climbing. I would not be surprised if they get an offer before the asset sales lock but selling the mid con would really add buyout potential.

    Sentiment: Strong Buy

  • Reply to

    scenarios to consider

    by anilkoomar Jun 2, 2016 10:19 AM
    cbd0012003 cbd0012003 Jun 2, 2016 7:17 PM Flag

    I'm with you guys. Bankruptcy seems very unlikely considering the production cost savings over the last year as well as the hedges and oil market looking stronger. In it for the long haul here. Though it's been frustrating. And very good point regarding lack of dilution when share price was higher. Management believes their assets will sell.

    Sentiment: Strong Buy

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