And that lowest analyst was Goldman Sucks.
The highest analyst projects PS of $13.39
Coild spring
Sentiment: Buy
Agreed-----and $23 for FYE2014
Agreed---I bought today. The cash flow projections/guidance have already been reaffirmed by the new CEO
Seriously---the lemmons are a running!!
Sentiment: Buy
Re: 10Q out last night without press release in case you missed it...
Thanks cnrlong - good info. Provides some additional tidbits that helps me try to take an educated guess as to the future UD plans. From info in the 10Q as well as comments from RDC:
1) 10Q states that MMR is looking to do a large frac at DJ1 to get communication with the wilcox reservoir. I think it also says the lease at DJ requires activity by July 24th or they will need to submit an SOO extension request. RDC stated that the EXL III rig currently with ENI will go back to DJ after it is done with ENI. RDC monthly rig report states that the EXL III is contracted with ENI through May (but, is in shipyard for repairs to one of the legs that sunk into the seabed while drilling for ENI). So, my guess is they will try and get the EXL III back onto DJ1 after ENI is done with it to try and fulfill the July 24th lease date.
2) 10Q states that MMR application for completing/producing the BBE #1 well's mid Miocene sands (there were 2 mid miocene sands with a hydrocarbon/water contact around 24,000' at BBE; and 3 upper miocene sands above them) has been accepted. That would mean that they would look to plug off the lower part of the well to complete the shallower sands. They are working on having all the BBE lease blocks treated as a unit (application submitted). RDC stated that the Louisianna rig may go back to MMR. My guess is the Louisianna rig may go to BBE to complete the mid miocene sands at BBE #1.
3) 10Q states that MMR application for developing BBW #2 (SS188) has been submitted to complete/produce 3 sections at SS188 - with the bottom section being completed 1st. My guess is the Louisianna rig may be used to complete SS188 once it is done with BBE #1 (or visa versa).
4) 10Q states that they logged 220' of pay in the original BBW #1 well - this is the first I have seen a pay sand thickness stated for BBW #1. This well, however, has been in perpetual limbo and I don't see that changing anytime
Sentiment: Strong Buy
I too sold all positions in the $20.07-$20,17 range. I also suspect a pullback; but am happy with my return as I had bought early in the month for $14.90
If memory serve me analyst are projecting $1.14 EPS this year and $1.37 EPS in 2014. At 10x's earnings this would value it at $11.40-$13.70 PPS within 12 month.
Me personally, I think it will hit $18 within a year
Sentiment: Strong Buy
I think that $18-$20 would actually get shareholder approval
You're promoting CIM??????????
The company hasn't filed a financial statement in two years and has declining sales; and the SEC is theatening to delist..
You sir, do not even know what a financial statement is?????????
Analyst are projecting forward earnings of $1.36EPS----so at $12 target it would only be trading at a PE of 8.8x's.; and one third of book value. Realistically, I believe that we will hit $18/share by next February
Sentiment: Strong Buy
The Street doesn't know the story here. Huge expansion just now coming on line. Diversion of income and increase in expenses to bring the new expansion to fruition. Forward PE 4.69x's; selling below book.
It's easy to kick a mule while its down; but once it rises, it will kick back.
This stock is trading less than its value in 2008/09 during the financial crisis. It will come back this coming 12 months with a roar--despite soft copper prices.
Sentiment: Strong Buy
Skiselev-----I asked you before what kind of return your portfoliio did last year---you never answered----mine was 28%.------
Agreed---future looks bright; and company is focusing on expanding their customer base.
I'm happy with the $19---and I wll be happier at buying more at $15. It is just that no one knows when she is going to turn positive; and when she does it will roar.
Per Russ---TGB will be going from a 65m ton company to a 165m ton company with the new concentrators and mining plan. He also stated that these numbers will start to show this year. this company is now selling a lows not seen for years!!!---and at 78% of book.
This is a classic Buffet stock----buy when others are fearful.
FYI, I bought today--TGB, RIO and CRUS-----all companies with excellent values and prospects for growth.
Sentiment: Strong Buy
I agree---the bottom line is that revenues for next quarter are projected at $150-$170m; which are 36-54% higher than the prior year. And they expect gross margin to return to 50% level.
High growth company---lots ot like. Bought my first position today at $19.00; and I will double if it goes down to $15.00 this is a good growth company with lots of value.
Sentiment: Strong Buy
In his recent press release Russ stated that with the new concentrators, TGB will have the one of the greatest efficiencies, lowest cost, copper mines in the world. If this is the case, then TGB will be able to make solid money at the $2.75-$3.00 range as contracted.
Sentiment: Buy
I would think that with all the improvements in mining/concentrating/extending mine life that this is a bargain----it is trading below book; and going forward should be once of the most effecient copper miners in the world.
Sentiment: Strong Buy
Goldman Sucks is the most pessimestic analyst of the bunch; and they projected that this is a short term sell with target being 7.3 BRL; which translates into $3.68 American. They thought that short term it is a sell; which has pretty much come true, as we are almost there. At this level, this is a buy! The people on this board who say the company is going bankrupt are financial fools; as this is a profitablecompany with deep value in assets.
It has a BETA of 1.73x's which make this a higher flucturaion stock. when she moves up it will be rapid. Buy and hold and collect dividend until it hits $8.00
Sentiment: Buy
I made 27% last year on my investments. How did you do?