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TransAtlantic Petroleum, Ltd. (TAT)


NYSE MKT - Nasdaq Real Time Price. Currency in USD
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1.41-0.06 (-4.08%)
At close: 4:00PM EDT
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  • Dear Yahoo! Finance, Please correct...$1.49 is NOT the
    Euro price of Think iBoxx AAA-AA Government Bd E.T.F.,
    BUT the price of TransAtlantic Pet. in U.S. $$$! THANKS
  • Conference tomorrow will announce some big earning potential for the rest of 2017. BUY. TAT could go back to the promise land
  • Just bought 15,000 shares gonna blow up in after hours today
  • No Net Debt, company says financials hide the lack of net debt. So look at below metrics and throw out the debt, wow.

    Valuation Measures
    Market Cap (intraday) 5 55.23M
    Enterprise Value 3 120.25M
    Trailing P/E -0.49
    Forward P/E 1 7.80
    PEG Ratio (5 yr expected) 1 N/A
    Price/Sales (ttm) 0.84
    Price/Book (mrq) 0.92
    Enterprise Value/Revenue 3 1.83
    Enterprise Value/EBITDA 6 2.85
  • TAT stock up on presentation-LINK The say 2-4 times undervalued

    http://ir.transatlanticpetroleum.com/events.cfm

    You can download the PDF and page thru it during audio play, I biot more after listening.

    TransAtlantic Petroleum Ltd. - Events & Presentations
    ir.transatlanticpetroleum.com
  • deep debt but hence the low price. ..opinion? ??
  • Any insight on this stock...
  • Alert about $TAT on http://otc.ninja/?s=TAT

  • One of my best indicators just went positive on this one - giving an entry signal!

    I already have 250 shares @ 25.54 - forgot I even had it until I got this signal...

    Considering buying more, but thinking I'll wait until after the Nov. 9th announcement.

    Statistics on this underlying are almost non-existent...not too much news either!

    A "shot-in-the-dark"?
  • US State Dept. has issued evacuation of all US Embassy members and their families from Istanbul today (10/30/2016) as well as those in Ankara, Turkey. Further, all American citizens have been advised to make plans to depart the country of Turkey due to the presence of radical element of the Muslim faith aligned with Isis and other groups within the borders of the country due to threats now known by State Dept. officials to be currently in vogue with intelligence gathering from the State Dept. and CIA., Fox News is reporting this story and other news agencies have been directed to likewise advise US citizens working within the borders of Turkey. TAT offices, once located in Istanbul are now located in Anakara, Turkey, the capital of this nation.
  • Info for $TAT on http://otc.report/?s=TAT

  • Gigantic Winners (NASDAQ + NYSE + OTC pick) -----> http://PennyStock101.org

  • suppose --could go higher
  • Good news, solid day! You giys think this will continue an uptrend?
  • Brandon,

    Buying this is hard, it seems, so that is a good thing. Jesse Livermore used to like that and after many years of playing this game... I accumulate like he did...on the way up.

    After a lot of study, it seems the original idea of using fracking and advanced technology in places like Turkey was a good thesis. Unfortunately, after they started to turn a profit and had bought some properties they liked (no doubt trying to diversify their exposure to just Turkey) the market collapsed and all of a sudden they had an over levered situation on their hands.

    Then they pared back, sold the Albanian assets and restructured the debt and still are.

    So do I think Malone is still a smart guy...yes. Does he know how to run an oil company?...I believe yes.

    Will he let this fail? No, I'm betting he has the resources and doesn't want this to fail...but I'm only observing the movement of the chess pieces and not privy to the words and thought behind them.

    What has attracted me was a statement that they could make decent money in the low 40s on Brent in the Molla region and were trying to make a company that could live in a $30 Brent world, if I remember correctly. And it seems that since the market turned down and money dried up they have been in survival mode.

    So what this means is if the oil market ever comes back even partially, this stock should go higher. That's my thesis.
  • M t,
    I hear TAT is in default and the banks have given them more time than others. Any info on a possible sale of more assets?
  • I was buying a tiny bit today...I still have some questions, but I still think this co will survive and right the ship...

    In the amended Annual report:

    ANBE Promissory Note
    On December 30, 2015, TransAtlantic USA entered into a $5.0 million note with ANBE, an entity owned by the children of Mr. Mitchell, and
    controlled by an entity managed by Mr. Mitchell and his wife. The ANBE Note bears interest at a rate of 13.0% per annum and matures on June 30, 2016. On
    December 30, 2015, the Company borrowed an initial advance of $3.6 million under the ANBE Note. The initial advance was used for general corporate purposes.
    The Company can request subsequent advances under the ANBE Note prior to June 15, 2016. Each subsequent advance must be in a multiple of $500,000, or if the
    amount remaining for advance under the ANBE Note is less than $500,000, such lesser amount.
    Advances under the ANBE Note may be converted, at the election of ANBE, any time after the NYSE MKT approves the Company’s application to
    list the additional common shares issuable pursuant to the conversion feature of the ANBE Note and prior to the maturity of the ANBE Note. The conversion price
    per common share for each advance is equal to 105% of the closing price of the Company’s Common Shares on the NYSE MKT on the trading date immediately
    prior to such advance. The conversion price of the initial advance is $1.3755 per share.
    At December 31, 2015, the ANBE Note had an outstanding principal balance of $3.6 million.

    13% is a rather high rate...is that the industry standard?

    Or has all lending just dried up and they are dependent on the largess of Malone and family?
  • As the only one to post, that's a good sign. I'm buying. I do best when I do my own research and am alone away from the madding crowd. They are trying to save this company. I think they will. I don't think Turkey's political situation will deteriorate from here (I actually think Erdogan engineered the coup). Either I'm buying at bargain basement prices, or I'm pouring money down a rat hole. From what I could tell from the CC, there is a lot of oil there, but they've had to adjust to potentially $30 brent...they've had some breakdowns in equipment...they had to sell the Albanian assets...Malone and a hedge fund had to poney up some jack to reduce the debt for shares at .67...I'm cool with that.
  • The volume for this puppy is so sad. :/