GREY:PMGLF - Post by User
Post by
Squint1on May 10, 2010 12:20pm
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Post# 17080998
Undervalued
Undervalued
This stock is trading at 4.89 times Q1 cash flow when productionvolumes in April are 30% (49,587 boed vs. 38,199) higher than Q1 as per the company’spress release. Q1 cash flow was $1.45 Cdn. or $ 5.80 annualizedand the current price is $28.38. This pricing does not even recognize thevalue of current production let alone any growth.