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Peak Discovery Capital Ltd V.PEC


Primary Symbol: V.PEC.H Alternate Symbol(s):  HNWEF

Peak Discovery Capital Ltd. is a Canada-based shell company. The Company is focused on identifying and evaluating assets or businesses for future merger and acquisition.


TSXV:PEC.H - Post by User

Post by JamaicaBoundon Mar 05, 2012 7:55pm
643 Views
Post# 19629962

This stock is still a bargain

This stock is still a bargain

I bought this stock at .12, and purchased more when it dropped to .10  I have not sold, nor do I intend to sell in the near future.  Compare this to other E&Ps as per below.......you will not find a better bargain.          I also own BKX, and WZR, but PEC is the one I'm banking on.  

Porto trades at 0.06x our Fully-risked NAVPS, which is an 88% discount to other International E&Ps and the lowest multiple in our coverage.

Exhibit 2. Porto Energy: Relative Valuation

Recent At Price Ticker 1-Mar-12

BNK 0.42x

BKX 0.24x

CNE 0.62x

CKE 0.59x

CZE 0.58x

GTE 0.63x

NKO 0.42x

PDQ 0.24x

PRE  0.86x

PXT  0.82x

PMG 0.71x

SNM  0.41x

TNP  0.39x

WZR  0.34x

Average 0.52x

PEC  0.06x

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