Surge Energy Inc (Alberta) T.SGY

Globe says Surge a takeover target by WCP

[Taffypalmer2014]

[PreludeSH]

Would welcome a buyout if they paird a decent/fair premium...say $13 per share.

[dllscwbysfn]

20 bucks per share would be a more reasonable number. If WTI stays in this range 6 months from now we might be at 13.00/share. Do your own due diligence

[befree]

a couple of IFS if wti satys 80-95  and the big if  if Paul will relax and do what he says  pay down loans  i think 13-16 and a small divy increase is quite pos  in 3 quarters just an opinion BEFREE in the maritimes

[brewster123]

What should happen for the next 12-24 months: 1. Pay down debt 2. Share buy backs thorugh NCIB 3. Leave base dividend and pay some special dividends if targets for #1 and # 2 are met. What will happen Dividend will be increased next quarter some debt paid back Buyout?  If it happens in the next few months it won't be higher than $12-13.

[dllscwbysfn]

How much debt paid down this Q3, Q4?How many shares bought back for the same 2 Quarters? How big of a divy increase? Buyout will not happen below 16 unless wti drops below 70.

[befree]

i agree there will be no buyout   paul owns too many shares  as well as 9 point no buyout below 16  and( i cannot believe it would happen at 18 either ) oil forecast 80 plus for next year   alot of monies for reducing loans i will not be tendering mine blow 18  and then i would look long and hard imagine if oil stays above 80 for a couple years  what the

[PreludeSH]

Befree, only thing that keeps me up at night is Paul's penchant for acquisitions.  Thats the real roadblock for shareholder equity appreciation  

[befree]

yes  that is the BIG if maybe a vest so his chest does not stick out so far thankfully our retirement income is not relying on SGY however at 16-18  plus divy it will sure be a welcome  asset to our comfort and peace of mind hang in there Paul  we have been here for years and rely on your judgement to help us achieve our retirement goals  cash and health are a key building

[befree]

  PreludeSH after reading my post i do not think i used the proper wording i remember listening to Paul speak about his past accomplishments and thinking  why is he using the" I did this " ," I did that "  a wise dear friend reminded me one day there is no I in team that being said  I feel my comment about a vest to hold his chest in was proper