Post by
spacegimp on Aug 17, 2016 9:26pm
its worse than you think
Yes you have good oil but only 3300 b/d and its got a high decline rate of over 35% ... i think a fair price in current market conditions would be around 50k per flowing yielding the company around $160 million , the rest of production is low priced and trapped natural gas product so not really gonna find much of a bid on that(maybe $40 million for ng). Current enterprise value of $250 million(105 debt, 145 equity) , debt written in stone so equity needs a hatchet job to right size the selling price ..sorry this is tough love guys. I could see a take out at 65 cents/share .
Comment by
spacegimp on Aug 17, 2016 10:02pm
The five stages: denial, anger, bargaining, depression and acceptance are a part of the framework that makes up our learning to live with the bad investment . They are tools to help us frame and identify what we may be feeling . Here to help , guys !
Comment by
BigFishy on Aug 17, 2016 11:28pm
All the signs of a basher and I know you from other boards. You can thank me for the .10 you just earned.
Comment by
spacegimp on Aug 25, 2016 10:55pm
I tried warning you guys , hopefully some saw the light , sold this and grabbed some quality producers . Its tough to admit you were wrong .
Comment by
Baird007 on Aug 26, 2016 3:16am
Spacegimp take a hike you probably bought at 2$ sorry for your loss but I am in it to win as soon as they figure what to do this stock is going to rise maybe not near what you paid for
Comment by
spacegimp on Aug 28, 2016 8:02pm
This post has been removed in accordance with Community Policy
Comment by
Sittingbull11 on Aug 28, 2016 8:22pm
Your taking a loss buying at 1.45 and 1.25 means NOTHING with regards to RMP being priced well at under $1. It is flawed thinking to suggest that if one person lost money twice at higher prices that it is a mistake to buy the same stock at lower prices! That is absurd. Entry point is arguably the single biggest key to successful trading. GLTA
Comment by
spacegimp on Aug 29, 2016 9:29am
its hardly absurd considering the credit facility is closing in on them , anyway good luck with this because the clock is ticking
Comment by
Baird007 on Aug 17, 2016 10:53pm
It was low cause kaybob field was shut in
Comment by
Baird007 on Aug 17, 2016 11:07pm
The 15 analysts offering 12 month price targets for RMP Energy Inc have a median target of 1.50, with a high estimate of 2.10 and a low estimate of 1.00. The median estimate represents a 53.06% increase from the last price of 0.98.
Comment by
Baird007 on Aug 17, 2016 11:10pm
As of Aug 16, 2016, the consensus forecast amongst 15 polled investment analysts covering RMP Energy Inc advises investors to hold their position in the company. This has been the consensus forecast since the sentiment of investment analysts deteriorated on Aug 16, 2016. The previous consensus forecast advised that RMP Energy Inc would outperform the market.