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Claren Energy Corp T.CEN


Primary Symbol: V.CEN.H Alternate Symbol(s):  CNENF

Claren Energy Corp. is a Canada-based company. The Company’s principal business is the acquisition and exploration of petroleum and natural gas properties.


TSXV:CEN.H - Post by User

Bullboard Posts
Post by CalifDreamingon Mar 06, 2009 12:35pm
492 Views
Post# 15826121

Canaccord Update - "Significantly undervalued"

Canaccord Update - "Significantly undervalued"Kozak put out a Flash Update.  Still calling for $3.50 target despite CEN over delivering YET AGAIN.  Sheesh, just what does it take to get some respect?

Said CEN is trading "50% of the peer group" and sees "significant value". 

PM me with your email addy and I'll pass it along if you're interested.  CEN is trading far and away at the lowest multiples of it's peer group that Kozak compares it to. That should change in a hurry if management would get out there and do a bit of promo and perhaps start updating their Investor Presentations.   They are hopefully nicely cash flow positive from here on out and the institutions shouldn't be interested in capping the price in hopes for more cheapo shares...
Bullboard Posts