Bellatrix Exploration Ltd (Canada) BXEFF

BXE Book Value is $15 per share

[Neo1236]

This is absolutely ridiculous, over $900m book value and the current mkt cap is $72m.

Really cant believe it, BXE should list in UK, You guys are throwing away this stock.

[Snowhouse]

All I can say about BXE is "All that glitters is not gold". Look at 5 years chart and Insider holdings.

[Neo1236]

you are letting you emotions get the better of you, forget the 5 year chart, look at it currently. Book value near $1bn and the company is trading at only £72m. We learn from a young age about doing basic calculations theres value here, gas stocks have been taking a hit for some time, eventually it will turn, BXE makes near  $1 per share in cashflow per annum yet the sp is only 1.26. I

[Snowhouse]

FYI - I own a lot more shares of BXE than most people on this board. My last comment was purely based on the way this co. management has treated it's SH. Couple years back investors had thought the same as what you think today about the valuation. Anyways good luck to you and rest all.

[TouchDown12]

Hi Snowhouse. Got lots of BXE too - from a long way back.... not looking very smart by holding but it always seemed just ready to break to the upside... anyhow, if they can A.) extend their debt to 2024, and B.) benefit from AECO price updraft this fall (after TC pipe maintenance is completed that started in '17)... they could catch a forceful updraft in stock price.... nothing till those

[Snowhouse]

Hi TD12, I agree with you completely. In the short term though, I feel like a bounce is coming. Purely technical though.

[Neo1236]

i understand your frustration as you may be at a loss at the moment, this stock will turn, some gas stocks have began to recover, BIRchcliff has, im hoping BXE will too hopefully. The mkt has thrown away this stock, its crazy not like its a struggling company, im expecting gas prices to recover soon.