RE: RE: RE: Tunisia I wasn't going to comment since I didn't think what you said made much sense, but if you're so desperate to hear my view here it goes.
Matt Brister and his team has done a great job with the asset base they took over a few years back. They have 1) realised that the future of CKE is in Tunisia and they have brought a very promising discovery to production in a relatively short time frame, In a country that has gone through severe turmoil. They have also drilled the first hz fracked well in North Africa, and achieved record production with the last well. 2) they have managed to significantly reduce debt by selling off non-core assets at a premium to both valuation and market. Through these actions they have managed to position the company for significant Brent priced growth in the next 2-3 years. If you think the share price has done poorly and that they should have focused more on WCSB, why don't you have a look at companies like Cequence, Arcan, Crew or a thousand other players and see how they have performed the last years with a gas weighted in debted business model?
And for your idea that CKE should buy Winstar, I ask simply Why? Give me one reason to why that makes sense? You can't because it is nonsense! CKE has way more profitable places to put their money in Tunisia, and Winstar's portfolio doesn't come close to CKEs in terms of growth potential. And even if they would want to buy them, do you think it creates shareholder value to pay with shares now, given that CKE currently is trading at 50c on the dollar versus their NAV (which doesn't come close to reflect the true value of BBT) ?
Last question, why are you wasting yours and others time on this board if you think this company sux so much?
I'm done with you, don't have more time to waste.
D