RE:RE:RE:RE:Link to Nuttal's FCF buy back all shares/debt list!In spite of what you may think, Crew has been for the last 11 months, that I have been here , a very admirable board for the exchange of investment ideas that have been focused for the most part on Crew. I sincerely hope we can keep it that way, thus posters should resist ad hominems as they really add nothing worthwhile !!
uncutgems wrote: how long have you been Buried in CREW again?
is 7 years?
5 years?
or 4 years?
Cheadle12 wrote: Surprised on this board we reverted back to sales brochures around stocks and fund managers.
Not a lot of focus here on what Crew is actually up to -> New driling at Septimus to take advantage of high Nat Gas prices.
Board is getting stale, maybe a stock price run up does that. But the Crew story has barely began.
Watch & see.
~TGC.
Oldnagger wrote: I believe that Eric Nuttall is missing several critical items when it comes to Crew. First he fails to consider the high recycle ratio which is more important than merely looking at oiliness or gassiness of a stock. Second , Crews philosophy of increased drilling does not fit well with his share buyback thesis but it has a higher rate of return. Third , he fails to note that Crew's trading volumes have increased substantially this year compared to 2020 meaning liquidity is increasingly less of a concern
What he did recognize on market call was that asset rich companies should trade at a higher FCF multiple ( in reference to MEG but surely applies to Crew as well.)
Perhaps Nine Points should have a deeper look at Crew in order to understand what we all know here !!