Athabasca Oil Corp T.ATH

20% of MEG???

[AllInOnOil]

Previously on this chat it has been mentioned that ATH should be valued at 20% of MEG stock price. This would put us at $6.06. Is this still a fair assessment today?

[ztransforms173]

- based on PAST share price HISTORY, the 5 TIMES RATIO (MEG/ATH) was CONSIDERED a FAIR VALUE ASSESSMENT - HOWEVER, the ATH S/O had GROWN while that of MEG has RECEDED so an ADJUSTMENT is REQUIRED - based on the SUPERIOR MEG ENERGY COST STRUCTURE and BETTER ACCESS To PREMIUM MARKETS, MEG 'should' be WORTH about 6 TIMES ATH - you SAY that MEG has MORE DEBT than ATH {which is TRUE on a PER

[matt2018]

Not following your math here Z ? While I dont question your criteria of MEG vs ATH, you conclude that MEG "should be worth 6 times ATH".  If that was the case, MEG would be worth $18B (which it is clearly not). You cant base this exercise on the current trading stock price. Companies can issue new stock, buyback stock, do a stock split, etc. You compare it on how the market values

[Jimmy1page]

I really do learn a lot on here. Lol

[ztransforms173]

- the 5 TIMES HISTORICAL RATIO COMPARISON {many years back} was based on SHARE PRICE and NOT ENTERPRISE VALUE - DIDN'T YOU GET the HINT ?: - HOWEVER, the ATH S/O had GROWN while that of MEG has RECEDED so an ADJUSTMENT is REQUIRED   - they were USING the NOMINAL SHARE PRICE as a REFERENCE GUIDE TO TRADE IN and OUT of MEG and ATH {SWAPPING IN and OUT of ATH and MEG

[matt2018]

"this is BEFORE  EQUINOR sold their STAKE in ATH" its a different company now in terms of almost every metric, especially debt profile. The market is telling us is MEG is worth appr 3 times more than ATH, as of today. Historical ratio comparison doesnt work in the present.

[ztransforms173]

- are you PEOPLE (PLURAL) that DENSE or do you NOT UNDERSTAND ENGLISH ? - WASTING MY TIME and it is SIMPLY NOT WORTH the EFFORT - MEG Energy is a FAR SUPERIOR company than Athabasca Oil and ABSOLUTELY WORTH MORE than 3 TIMES the MARKET VALUE z173

[matt2018]

Do you even read what you are writing?. If MEG is worth 6 x ATH market cap as you suggest, it would be trading for $66.00 share. Why is it trading for $30? It would have to be the deal of the century if true vale is $66.00 I also own MEG shares and would love to get that.

[cahclick]

  Name calling doesn't look good on you. Please take your own advice and stop wasting your time on this Board. Good luck to all longs go ATH go

[Lousnews]

Gee Z, Your caps lock button seems to be malfunctioning, or this is you yelling at Matt for a realistic calculation. If the latter. You might want to take a few deep breaths there fella.