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Bullboard - Stock Discussion Forum AvenEx Energy Corp AVNDF

Bullboard (GREY:AVNDF)

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Comment by Kingscourton Mar 17, 2013 11:25am

RE: timeline

I'm in the same boat as you Stooly, suffering large paper losses. If the merger does fail, I wouldn't rule out another dividend cut at least until AvenEx can can make up for the roughly $20m ...more  
Post by stoolyon Mar 17, 2013 9:50am

timeline

Time-line:  If the planned merger fails [Mar 26], we'll know by next Sunday.  If it fails, AVF's X-date would just a few days away.  Will they maintain their dividend for Apr ...more  
Comment by Khersonon Mar 16, 2013 11:55pm

RE: RE: RE: "Merger"

 Time maybe running out for PCE and CHX, but AVF has lots of time. What now needs to be done is for the BOD to start making changes with the Corporate management team.  Selling ER was a ...more  
Comment by bigbank91on Mar 16, 2013 8:05pm

RE: RE: RE: RE: RE: "Merger"

Thanks for the info Kings and Rad. im with you on that i just want this deal to be over with so we can get on with it. I hope this is the last delay. and it looks like our assets are alot better then ...more  
Comment by rad10on Mar 16, 2013 4:33pm

RE: RE: RE: RE: "Merger"

spot on kingscourt no rush at all - the balance sheet looks good at AVF. The situation at PCE is now significantly worse than when this joke of a deal was announced.  If a merger is to be ...more  
Comment by Kingscourton Mar 16, 2013 4:28pm

RE: RE: RE: "Merger"

Why is time running out? That may be the case with PCE and CHX, but AveneEx is in decent shape according  to a November 17,2012 report from Raymond James (the only analyst that covers AvenEx ...more  
Comment by rad10on Mar 16, 2013 4:25pm

RE: RE: RE: RE: RE: RE: scotia analyst

If this goes to a vote and the merger is rejected by shareholders - termination fees are NOT (and have never been) applicable - I assure you.  This has already been discussed ad nauseum. The ...more  
Comment by stoolyon Mar 16, 2013 3:14pm

RE: RE: "Merger"

Maybe a "bird in hand's better than two in the bush".  My comments were based on the two merger partners that are proposed [PCE & CHX], not what might be out there and better ...more  
Comment by Khersonon Mar 16, 2013 2:35pm

RE: "Merger"

 Welcome aboard stooly. Wish more folks would join and express their concerns. Your post does have merit. My concern is that we Avenex shareholders seem to be the one's left paying the ...more  
Post by stoolyon Mar 16, 2013 2:25pm

"Merger"

I'm a new member.  I'm also an AVF shareholder - big for me but not as big as some of you.  I bought my shares at an ACB of $5.28, for the dividends; which I need.  After ...more  
Comment by bigbank91on Mar 16, 2013 1:31pm

RE: RE: Avf

big companies can save a lot of admin costs by streamling there operations. 3 teams beacome 1 and are more focused on thier goals and processes. big companies can be managed alot easier and cheaper ...more  
Comment by Kingscourton Mar 16, 2013 1:06pm

RE: Avf

I didn't look into Petrobakken or Perpetual, but google finance latest numbers show Pengrowth's yearly net income at $12.7m. Compared to the Spyglass family's -$205.74m (PCE-$153m, CHX ...more  
Comment by mo1975on Mar 16, 2013 11:47am

RE: RE: Avf

Entirely true, and to avoid the sale of any of pce assets.. they want avf to provide the money... to ensure they had avf,s money they made avf sale of their asset mandatory.... now that we know the ...more  
Comment by bigbank91on Mar 16, 2013 11:45am

RE: RE: Avf

I dont see a debt issue for spyglass with the cash flow forecast and 175capx it can be managed. cash flow forecast 130million was based on $86 oil and $3.30ng . our hedging can be boosted in 6 months ...more  
Comment by bigbank91on Mar 16, 2013 11:30am

RE: Avf

I agree that if pce votes this down it could be one of the worst decisions ever. pgf have seen a big gain from the price of natural gas. pricing in spy right now could very well be $3.00 before divi ...more  
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