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Charles Taylor Group Plc V.MQL


Primary Symbol: CHTYF

Marquee Energy Ltd is a Canada-based company. It is engaged in the acquisition, exploration, development, and production of oil and natural gas. The company receives maximum revenue from oil and natural gas sales. The company's core operations are in Michichi area.


GREY:CHTYF - Post by User

Bullboard Posts
Comment by TabulaRasaon Aug 22, 2014 10:50am
313 Views
Post# 22868833

RE:RE:RE:RE:Q2

RE:RE:RE:RE:Q2I completely agree with you, if you take their quarterly sales of 25.6M and multiply it by 4 quarters anual sales should be 102.4M. Most companies trade between 2 to 3 times their sales so using the low end of 2 times sales would give them 204.8M. 204.8M divided by their shares outstanding of 121M gives them a current price of 1.68 a share. These calculations do not include increased production or the use of the battery which saves them 250,000$ per well. Simply put, its undervalued.  best of luck to everyone reading this
Bullboard Posts