Frontera Energy Corp T.FEC

Book Value is $29.63 a share as of today

[kcac1]

I though Frank's book value statement seemed a little high, but I was wrong. Below is a link to another very informative free Stock info site.

• The book value of a company is the difference in value between that company's total assets and total liabilities on its balance sheet.

• Value investors use the price-to-book (P/B) ratio to compare a firm's market capitalization to its book value to identify potentially overvalued and undervalued stocks.
• Traditionally, a P/B less than 1.0 is considered a good value, but it can be difficult to pinpoint a "good" P/B ratio since it can vary by industry and any particular company may have underlying financial troubles.

FEC's P/B ratio is about a .3, so well under 1.0, normally indicating a very undervalued stock, it means stock is selling for about a 1/3rd of its book price.
 

Frontera Energy Corporation (TSX: FEC) Statistics & Valuation Metrics - Stock Analysis

From the above link:

Balance Sheet

The company has 219.70 million in cash and 738.64 million in debt, giving a net cash position of -518.94 million or -6.13 per share.

Cash & Cash Equivalents	219.70M
Total Debt	738.64M
Net Cash	-518.94M
Net Cash Per Share	-6.13
Equity / Book Value	2.51B
Book Value Per Share	29.63
Working Capital	-85.11M

[Frank007]

You nail it for under valued stock ...sleazy management ..but ...that book value does not give a thing for the Guyana assets ....so if anything comes of that ...I thing a cool $50/ is in order .....oh ya forgot to mention those are us$ not Canadian Paso,s