Post by
Johnwith30years on Jun 03, 2021 12:59pm
Looking back to my post of April 29th Price was $22.38
So we just got 1.29 suppose we add 2 cents to each quarter remaining from results last year.
In 2020 the results were : .79 +.06 + .04 + .53 = 1.42 fro the full year.
2021 Consider 1.29 + .08 + .06 + .55 = $1.98
At 13 times earnings that equates to $25.74
At 15 times eararnings that equates to $29.7
Is either of these scenarios unrealistic?
It would be consistent for Randy to underpromise on the raised number as well.
But it is true that in 2022 they will not hav ethe same assets generating revenue aas 2021 so it depends on Petrogas Intergration and shipments and gas processing plus modest utilitiy increases for further growth but still if a +$1.98 for ther year 26 is quite possible IMO
Comment by
Dragon1 on Jun 03, 2021 2:04pm
All these little increments plus lower debt financing combined with a hot summer on air conditionning should reach these numbers.
Comment by
Pingopallie12 on Jun 03, 2021 3:36pm
Yes, the problem is that's not what they gave as guidance hence why the SP has not hit it. Once they realize the real numbers and with a Div Increase announcement in December she goes to multiples of 15 x EPS. I try not to predict a price since I ain't a magician but we are going up from here and can't predict when but it is going up. There is more growth