Petro Rio S.A. HRTPF

RE:RE:RE:RE:HRT Is Going To DA MOON

[robnhood]

Bug, here are two translated opinions from a Brazilian forum==
One from perma bull MIA, and a rebuttal from Gusmarin who has sold out and gone over to the dark side. )))


2 mla
Since no one came back to review the company's values​​, I'll take my chances here. I just want to remember that I am Alice, who believed the siren song and I'm in the role since October / 2012.

I need a very high percentage to recover .... I invested rs.

But let the nos. I checked on the balance sheet:
1) Free Cash £ 365 million;
2) $ 24 million to be received in Q3 / 2014 = £ 54 million;
3) Assets held for sale £ 143 million
4) Taxes to recover £ 53 million (These would be such that both Tax Credits talked in the past and would be of the order of about £ 500 million?) Any counter the forum here could help me?

Total R $ 615 million, or R $ 20.67 per share.

With that we are considering:

Octopus by which we have already paid $ 135 million for 60%, worth ZERO.

Solimões worth ZERO.

Namibia is worth ZERO.

Correct me please, only cash and divestments are paying almost double the current price ???

The action is for FREE or do not know ???? account

You can call me Alice, but I'm working with nos. the balance sheet of the company, no assumption.

Thank you, I await comments.
4602 of 4605 on 08.20.2014 16:37-Modified [Quote this comment] 3 1
4 Gusmaran
mla1970, valuation is done upon FUTURE CASH FLOWS. When I talk about "flow" can be: 1) cash flow; 2) burning cash. The valuation done with the "sum of the parts" is misguided, and looked on their account only the assets of HRT. As a suggestion, add: 1) years of producing Polvo multiplied by the cash flow that provides active; 2) General and administrative expenses of the annual holding; 3) capex in Solimões and Namibia Octopus in the period observed; 4) Price of the 40% who were of Maersk. I already did the math and at best HRT worth $ 30 with the discount the market gives the pairs (PETR, QGEP), £ 15 This, at best to find EVERYTHING certified as 2P. 3P for HRT nor the best dreams of a doped Alice.