RE:RE:RE:Look at the fair valueThere is a good possibility of ATH's net asset value on the books being re-written upward if oil prices stay above $65 for some time.. This alone will give the stock a re-rate. Look forward to seeing a done deal with the refi very soon.
Chris007 wrote: Thats why cash flow provides a much more accurate picture when comparing these companies...plenty of non-cash items included in accounting profits. Most notably, those huge asset write downs when oil initially tanked, last year in march.
Obviously TTM p/e is going to look f ucked
Nothingmatters wrote: Misprices****
Nothingmatters wrote: Suncor currently has a p/e of 1400.. OBE 134... For NVA it is 1 and Ath is -2.34 Sometimes market mispriced things. But it does not take much time to correct them when the time comes. It is my opinion only.