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Bullboard - Stock Discussion Forum Valeura Energy Inc. T.VLE

Alternate Symbol(s):  VLERF

Valeura Energy Inc. is an upstream oil and gas company engaged in the production, development, and exploration of petroleum and natural gas in the Gulf of Thailand and the Thrace Basin of Turkiye. The Company holds an operating working interest in four shallow water offshore licenses in the Gulf of Thailand, which include G10/48 (Wassana field), B5/27 (Jasmine and Ban Yen fields), G1/48 (Manora... see more

TSX:VLE - Post Discussion

Valeura Energy Inc. > Worth $2+
View:
Post by AndyPap on Jan 28, 2021 12:05am

Worth $2+

Way undervalued.
Comment by Shell2020 on Jan 28, 2021 1:31pm
Well documented!
Comment by energee on Jan 28, 2021 7:38pm
My view on VLE value (estimates only) from public data: CDN cash today of  ~ $38MM If they sell the legacy producing assets and close in Q1 2021 according to their  plan, add $19MM CDN after closing costs. They need to close this sale, as they say. Total cash post-closing could be ~ $57MM CDN, assuming no other CAPEX being spent. Share value based on cash only $57MM ...more  
Comment by AndyPap on Jan 29, 2021 11:26pm
What is the short position on VLE?
Comment by nozzpack on Jan 31, 2021 2:20pm
Relatively modest and unchanged for several months. Thats the official short position . Far larger is the use of counterfeit shares ( naked shorting ) and algorithmic small lot wash trading to manipulate the share price downward . Just ask Shellhead for more details..
Comment by Shell2020 on Jan 31, 2021 3:17pm
He, he so scary!!
Comment by AndyPap on Jan 31, 2021 7:42pm
The hey Shell what's thhe story?
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