RE:RE:RE:GS: "CVE FCF yield to equity value of 25% in 2021" !!!Eigen337 wrote:
ADD BACK:
- Capex, SAY $ 2.5 billion
- Dividends, SAY $ 0.07 * 2018000000
= 141,260,000
EasyMath:
3758525000 + 2500000000 + 141,260,000 = 6399785000
Therefore:
GS is 'PREDICTING' that Cenovus Energy will have ADJUSTED FUNDS FLOW (AFF) of ~ 6.4 BILLION in 2021 !!!
This is pure speculation.
Eigen337
What is a normal ratio to AFF? 5 times? Would valuate market cap at 30B, therefore a 15$ sp