Recent

% | $
Quotes you view appear here for quick access.

Equal Energy Ltd. Message Board

subswazus 6 posts  |  Last Activity: May 20, 2015 10:02 AM Member since: Jul 22, 2007
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Reply to

    Bearish Engulfing Pattern?

    by kellj72 May 19, 2015 10:56 PM
    subswazus subswazus May 20, 2015 10:02 AM Flag

    The run up was the result of a huge pump by several stock letters and an analysis of one stock tease by stock gumshoe all occurring in the last week. The touted event was to occur at noon yesterday with the Govt making some dramatic announcement re Hep C testing. Noon came and passed and
    the balloon started deflating. It is now a time to accumulate at a more reasonable price if you believe the company's Quick Hep C test kits are going to be a big winner over time. I would like to see some analysis of the expected market for same as this is appears to me to be a one time test per individual and is not like a drug which can have a longer duration demand rate per patient.

  • subswazus subswazus May 19, 2015 10:48 AM Flag

    Today's announcemnt says that Walgreen;s is using the OSUR Test Kits for today's National Testing Day.
    Seems there is somthing wrong with your assessment of the competition.

  • Reply to

    sfy

    by ddwraiggoch May 1, 2015 10:56 AM
    subswazus subswazus May 1, 2015 11:24 AM Flag

    Dilution may not be a terrible idea since part of SFY's problem is a low float that can easily be manipulated with relatively small amounts of capital. I would want to see debt reduction as part of any dilution.

  • Reply to

    Why is Book Value Per Share (mrq): 18.09 ???

    by dr8kill8patient Apr 28, 2015 10:32 AM
    subswazus subswazus Apr 28, 2015 6:59 PM Flag

    "According to the Securities Exchange and Commission (SEC), oil companies are required to report these reserves to investors through supplemental information to the financial statements. It is important to note oil still in the ground is not considered an asset until it is extracted/produced."

  • Reply to

    Why is Book Value Per Share (mrq): 18.09 ???

    by dr8kill8patient Apr 28, 2015 10:32 AM
    subswazus subswazus Apr 28, 2015 10:43 AM Flag

    Because that is the current depreciated value of the plant and equipment carried on the books of the company. It does not include the value of the reserves. So to recreate the infrastructure and raw land position of SFY one would have to theoretically have to pay today's replacement value vice depreciated value and would have to include some additional value for the proven and probable reserves. I find SFY ver inexpensive based on the book value and the value of their reserves. If you take the Enterprise value and divide it by the Proven Reserves you get a current stock market weighted value of the most obvious reserves of around $6.00 per proven BOE. Since Enterprise value includes debt you have accounted for the heavy discounted market share
    price due to the substantial debt carried by SFY. On this metric I find almost no othe small E&P with a lower
    stock market valuation of its reserves.

  • Reply to

    GTE ceo files to sell all shares

    by darrennelso Apr 23, 2015 10:58 AM
    subswazus subswazus Apr 23, 2015 12:44 PM Flag

    just looked at SEC database...no CEO filing listed