RE:RE:3 Q release. In total honesty I completely agree this could be a factor.
Christmas might not come the way I hope. It is in all honesty some wishful thinking based on some real hard facts , that of these numbers or KPIs - variables - debt payments completed in full in under 2 yesrs
- 50 percent to be given back to shareholders ( In frickin writing to boot ) this case in any other sector would have us talking about something else altogether. ? It wouldn't be this should be at 10 already. I feel certain about this !
Another funny thought. These managers that you mention that aren't aloud to by oil stocks .....this is real , it's a thing for sure , but my funny thought is while there not aloud to by for there fund I bet there buying for there own accounts !! Lol.
In the real world this is just the truth you speak and I think it's important to have the message out there. It does and can affect how this plays out.
However even in the real world I can 1000 percent gaurentee that if oil stays above 65 dollars on average for a long period of time ( so not before 12 months , but 12 to 36 months ) you will see according to there October presentation , as well as there press release regarding the 5 percent royalty to Topaz ) you will see the share buy backs taking the place of the funds , over time if Grant sticks to his plan that is in writing ( and the street , we all like his style because he has proven over history he does what he says he is going to do - just facts ) then what we are going to see is these buy backs mimic the fund purchases ! The difference being that aside from keeping some for employee retention , or bonus as he did recently , he will be ripping up these shares , and those can't be sold . Where the fund manager will eventually sell , and also can manipulate the game .
So here is what I want. I am being serious. I want my money my share price now. So I want this stock price to go up. However if we truly are early days bull market than having this move slower , with the share buy back lower share count model actually will raise the price , I believe lower the Beta , and given the shares would be
bought back in this environment we the remaining share holders will actually get a bigger over all return.
A quicker way to say this is either way the price Will rise , the dividends will grow , along with special one time dividends , as per the October presentation, as long as oil remains above as I said 65 . I say 65 because it's a great number !! Just say it out loud 3 times and click your heals.
CHOO CHOO.
C