Post by
Hope4Best779 on Mar 02, 2022 6:39pm
If you cash flows
are going to be lower than last year with oil doubling, like don't put out guidance. You just saw your stock price appreciate with a new discovery. And then you put out terrible numbers and destroyed share holder value and all the gains from the discovery. Like what kind of management does stuff like that.
Comment by
firstworld on Mar 02, 2022 7:35pm
Operations cash flow 2021 was $200M 2022 est $300-400M Can't count a $150M surity deposit and the other non operating cash as cash flow or operating income. Operating cash flow is provected at $50-100% gain in 2022. Pretty basic stuff....I bought another 10 K shares today! Love the dips!
Comment by
Gasmonkey on Mar 02, 2022 7:43pm
Bang on firstworld! I scooped up 6500 myself. This won't stay at this price for long
Comment by
Hope4Best779 on Mar 02, 2022 8:48pm
you can also have that piddly dividend i'll be missing out on.
Comment by
Gasmonkey on Mar 02, 2022 8:54pm
Ok I'll take it. btw.... I've got a ton of O&G companies in my portfolio. WTI at record levels today and guess what.... a bunch closed in the red. Even this guy named Eric.... ever heard of him..... his fund closed in the red. don't be so grumpy Gday
Comment by
Hope4Best779 on Mar 02, 2022 9:32pm
grumpy makes money. Unbridled optimism doesn't. I heard of eric. the guy pumping oil for the last decade from the high at 120 to the low. what was it -$40. Well at least he was right 1 out of ten years.
Comment by
Hope4Best779 on Mar 02, 2022 9:47pm
fund managers are useless. always underperforming. Better off hiring a monkey.
Comment by
Hope4Best779 on Mar 02, 2022 8:23pm
not according to africa oil management. Market doesn't agree with you and your 6500 shares. You can buy my shares tomorrow. I'm buying an oil stock that can improve their cash flow with a doubling of the oil price.