Gear Energy Ltd T.GXE

no idea

[mofwmofw]

I am absolutely dumb founded as to what is holding this stock back. It pays a great dividend, although Eric hates it and his last comment was that the dividend was not sustainable. But he has been wrong many times before. I don`t know of any oil and gas company trading so low and doesn`t matter what oil is trading at. Who could have so many shares to sell into the open market at this low of a price unless they just want out, but for what possible reason? The ask side just never stops increasing. Only holding for the div. but not sure how much longer. Anyone know of any stock that pays this much dividend at this price? Would love to know before we possibly get bad news. GLTA

[scienceguy36]

It's a risk that GXE  is taking to increase share holder value and increase the SP. They obviously think the stock is currently undervalued. However, for them to implement buybacks and pay an industry leading dividend too boot, they will be anticipating oil staying above $80.00. A stock buyback can be a good thing if a company is able to still have cash to pay the dividend and increase

[Maxmoe]

For Me, It's a bad idea to buy an energy producer or any cyclical commodity producer, for the dividend. It's just too volatile of a business. And we've seen repeatedly over the last 10+ years that a dividend is useless as a tool to support the stock price or to be "paid while we wait". The stocks just keep going lower and the yields get goofy until there is a cut. My top

[UltraTired]

"Pays a great dividend" umm, $0.005 a share? You do realize how much this stock price has fallen?  That the last collapse from $1.10 range to $0.65 range was due to the dividend being cut in half from $0.01 a share to $0.005 a share. If they get rid of the dividend, which some believe will happen, this stock is going down to $0.15 a share. This stock is not linked to the price of

[Roscoe747]

The current share price has the insecurity of the dividend built in. At the $C 0.64 price, the dividend is a bonus. It will take several quarters of structural demand improvement to encourage investor sentiment to improve and then to trickle down to the micros. In the last year, O+G has lost $5 billion in capital flow. While supply volumes appear adequate, any increase in structural demand created

[lashing]

LOL the old "priced in" argument. Nothing is every priced in until it actually happens. You said this before the last cut. GXE is RISKY .. thats why no one is moving in big. There is a very good possibility the campany will indeed cut teh div completey, drive the share price to .15 - .20 and then go private on the cheap. Its happened MANY times before.  Since there is no interest

[Roscoe747]

I'm doing ok penny flipping. Whats your story, genius? Yapping from the sidelines or do you trade according to your own bs? If you are that timid, you better stick with GICs. Yes, there is always the fear of unscrupulous insiders "taking it private" but there are also instances of other bidders outmanoevring them with higher bids and stealing the company out from under them too

[Roscoe747]

I@m doing ok penny flipping. Whats your story, genius? Yapping from the sidelines or do you trade according to your own bs? If you are that timid, you better stick with GICs. Yes, there is always the fear of unscrupulous insiders @taking it private@ but there are also instances of other bidders outmanoevring them with higher bids and stealing the company out from under them too. All in a day@s

[Roscoe747]

If we follow your premise to its logical conclusion, based on cancellation of the dividend and a share price fall to $0.15, the price to cash flow ratio becomes 15/26 = 1:1.73 or, effectively a yearly return of 173% on a cash flow or FFO basis. A screaming SELL you say?