RE:RE:RE:All Over the Map Random Thoughts Out of Order:
1) Dividend plays to beef up your passive returns - Enbridge, Telus, Bell, RBC, TD, HydroOne, SmartCenter REIT, XEI. VLE is not a Div play - don't really care whats being thrown out there.
2) If you follow SPACs, SPV's - these are vehicles that contain shares + cash for acquistion. They are essentially vehicles that can move extremely high returns.This is a clean share structure company with a great cash load and no debt. See #6
3) The Oil Sector has gone through many levels of pain with the lowest year on record for M&A.
4) The company once it closes it's Turkey deal (any week now) will be sitting below current cash level. You're buying $1 for .80 cents (@.56 cents)
5) 20% of the float is owned by 1 single institutional owner + 1% management ;-) - share structure is relative to 2017-18 run-up amounts.
6) See #2 - Full Service Investment Banking Firms love these type of firms to move to acquire companies. The vehicle is then used to raise capital which the investment firm will used to take a long position. I'm aware Valeura Energy is about to enter into expansionary M&A .
7) Sorry I wasn't aware salty was a derogatory term that hurt your feelings. I will be more mindful of your Liberal feelings moving forward.
8) Can you name me any firms in Canada with 60-65 mill in cash + a share count under 90 million? I would be interested in watch-listing these companies.
9) These are my thoughts and opinions. I would of gladly told you if you asked me civilly instead of going off on tangents. You're entitled to yours, I'm entitled to mine. Let's create actual dialogue vs. banter.
10) I wish you a Merry Christmas & Happy New Year to you and your family. If you don't celebrate pagan holidays then I hope it's relaxing whatever you're doing.
bandit69 wrote: yes, of course.....just because I tell the truth and it makes you uncomfortable with your decision to buy this thing, you come back with Trudeau/Liberal style personal attacks because you have no argument to make.
I'll add to my thesis that you want to ignore...I literally laughed when Guest dangled the "dividend" carrot in his video. HAHAHAHAHAH......a dividend! Really?? maybe they'll return capital to shareholders from their "cash" that they're promoting.
So, to summarize, a deep well program in Turkey, increase cashflow (increase what cashflow??), buy some assets with the "highly" experienced team they've assembled, oh and lots of cash and no debt...don't forget that.... sell current assets for less than they were saying it was "worth" but, we have a royalty!!, and buy assets that are worth over 100MM and a whole 1 PERCENT insider ownership. Whew, that was a ot of typing. Again, what is the business model or direction? it's like they're grasping at all straws. Longer straw = more paycheques.
HAHAHAHAHAH....a dividend......I am stll laughing. Fools and their money.
Debentures wrote: Yikes what a salty former shareholder. This is what you do in your spare time post on VLE despite not holding! Nice.
bandit69 wrote: These guys are all over the map. All they talk about is the cash they have and this is great to maintain their salaries at the expense of shareholders.
You can't decipher their business model. Are they promoting cash? Turkey? a deep well program? or "m&a" to be able to tell a fresh new story for a few years (maybe) while collecting nice salaries? they promoted production is the savior because it provides cashflow....negative cash flow mind you...they used to say the reserves were worth a lot more than they sold it for too.
1%insider ownership? hahahah...what a joke. And he gives the excuse of "but that's because we have been changing the insiders and managment the last few years"...really?? When I buy an equity it takes me less than 5 minutes to click a mouse, put in an order, and I am an owner. What is the hold up? and then he says insiders are buying now....but it is chicken feed. Show people they are "buying on the open market" but when your salary is over 1MM per year, thanks to shareholders, a few thousand dollars on some shares to "show" insider buying is chicken feed and a nice show.
.....the shares were at .25 not long ago why did they write options... for themselves... instead of buying massive volumes on the open market if the story is so compelling? then they wouldn't be restricted by divesting schedules. They could sell anytime. The answer to this is obvious, because they do not have confidence in their story. No conviction. No skin in the game.
So, cash, and maybe a fresh story to tell and obvious associated upcoming dilution as he said in the interview....how do you buy a business worth over 100MM with only 40MM in this cash they keep promoting? dilution. Shareholders should not only be excited by the cheap options management/insiders wrote....for themselves.....exorbinant salaries, but now dilution to their holdings. What a great story...for insiders.
I am so sick of these "businesses" that produce cash for themselves while blowing smoke to shareholders. However, shareholders are to blame not management. Shareholders have the power to make or break a company...especially one with a yuuuugge insider ownership of 1%. HAHAHA....so you are to blame. shareholders keep taking it up the bum while these salary suckers ride the wave as long as possible then ride off in to the sunset. I have seen it too many times to count over a few decades now but this format has been more prevalent in the last 10 years.
It's never about creating value for shareholders anymore. Most have discovered that storytelling and collecting egregious salaries are the business model they develop. It works. Obviously.
What an exciting story. You guys will all be rich sticking with this one. No doubt about it. ;)