RE:RE:Market Reaction after the results | Diluted per share ($/share) | | 4.23 |
4.23 earnings per share...I know it is a reversal but f*ck lol...our quarterly earnings show higher then our current share price....
It will help with debt faculty refinancing
kavern23 wrote: I can't see the Sedar report yet but you are correct Hendrick.
I really like OBE's results so far....also briefly scanned SGY....
OBE should get every SGY shareholder coming over...man is SGY brutal.....
OBE Q2 looks great
Hendrick3 wrote: I anticipate a good earnings release tomorrow in terms of production (already released), FFO per share of around 70 cents and lower net debt (maybe $425). There are a few items that may come up in n the results that are negative surprises. One is the BNE acquisition costs for the deal that did not materialize. There are also retention bonuses that are to be paid which was disclosed in the proxy circular. There may also be advanced vesting of stock awards for the two Directors who resigned. This could total several million and could surprise the market although Loukas alluded to it at the AGM conference call so it may be priced in.
I have followed this stock for many years and some great results have come out in the summer but the response has been flat to down more often than not. I am anticipating it may be outstanding results tomorrow and a market reaction flat or down. In time the stock will soar but I have had plenty of disappointing stock reactions to great news so don't be surprised. It may be a great buying opportunity.