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Bullboard - Stock Discussion Forum Shoreline Energy Corp SHGCF

"Shoreline Energy Corp is a Canadian junior petroleum & natural gas exploration & production company. It is engaged in exploration, development, production and acquisition program in the Western Canadian Sedimentary Basin."

GREY:SHGCF - Post Discussion

Shoreline Energy Corp > Dividend announcement next days
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Post by DonEgon on Dec 08, 2012 9:40am

Dividend announcement next days

In the next days we should see the dividend announcement. I hope that they stick to the 0,12CAD, but they could raise it as Natural Gas is at around 3 $ compared to 1,8 $ during the year. We will see.
Comment by 1condor on Feb 02, 2013 4:52pm
I am still holding this stock..but am really getting concerned about the high divy. I think it is borderline that they can sustain it. If they cut it..the SP will take a real kick in the gut. Even though I still hold the stock I consider this play to be extremely risky.
Comment by Fritz777 on Feb 22, 2013 1:43pm
Hi condor Also thought that the dividend is way to high, but they should manage the problem by the help of the royality interest they acqired in Colorado basin in November. I find the company very interesting with so little shares out, the dividend and their strategy of buying new land and the low share price if i compare the number of shares with net income by rule of thumb.   Regards Fritz  ...more  
Comment by squattop on Mar 28, 2013 4:37pm
i bought last year and took a hit but switched to the debs for awhile which softened the blow.back to this side now but looking to add more on some weakness before the year-end,else wait awhile and see what the partners do in the u.s. i think these guys have it right -better value for the buck in the states right now but an enviable position in the peace river arch.when your stuff is 100% and have ...more  
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