Cardinal Energy Ltd (Alberta) T.CJ

Dividend after phase 2

[senzzzzz]

Simple math dictates that if the monthly dividend is doubled to .10 per month once phase 2 goal of 50m debt is reached the div yield will be: 1.20 annual yield / 7.08 current share price = 16.9% dividend yield. There is no chance the share price will be staying this low. Even at $15 a share that means an 8% yield. Am I missing anything? This is an absolute screaming buy. This assumes oil prices stay at current levels and CJ doesnt do something stupid with the cash flow.

[Konaboy]

I stumbled onto the same train of thought 4 months ago.  The initial div anouncement gave us a bounce, but we came back to earth with everyone else. Another solid quarter under our belt (plus a front month of settlement - June WTI was a kicker!), and then we hit the booster button again a month from now ... let's see what happens. Other than commodity price, we have pitfalls including:&

[sclarda]

Konaboy wrote stumbled onto the same train of thought 4 months ago.  The initial div anouncement gave us a bounce, but we came back to earth with everyone else. Another solid quarter under our belt (plus a front month of settlement - June WTI was a kicker!), and then we hit the booster button again a month from now ... let's see what happens. Other than commodity price, we have

[cre8value4me]

The fact that some posters on this and many message boards and life in general dont seem able to grasp is that what they think means nothing to anybody. no matter how many times they post the same thing.  All the ranting and raving they do will not change anything. Events will unfold exactly the same whether they make a hundred posts a day or zero. And yet here you are!!

[TheWokeLemming]

I never worry about the Nuttall groupies.  I value integrity over prostituting myself.  

[sclarda]

The BrokeLemming wrote. I never worry about the Nuttall groupies.  I value integrity over prostituting myself.   --------------------------------------------------------------------  Hey Dumb. Maybe You and Dumber should get your own board as you seem to live on this one polluting it with your endless b.s.  With your own board you guys could then go on endlessly 

[TheWokeLemming]

LOL.   A Nuttall groupie is triggered.  He doesn't like it when we criticize his man-crush.  

[sclarda]

The BrokeLemming wrote LOL.   A Nuttall groupie is triggered.  He doesn't like it when we criticize his man-crush.   ------------------------------------------------------------------------------  Actually i dont give a Sh@it about Nuttal and what he does or says.  Its you and Dumber that are obseesed with him. If it wasnt for you fools that follow his every

[TheWokeLemming]

Awww.   You don't like me?   I'm crushed.  Now GFY diiipsheet.  You're on ignore so I could care less.    

[sclarda]

sclarda wrote The BrokeLemming wrote. I never worry about the Nuttall groupies.  I value integrity over prostituting myself.   --------------------------------------------------------------------  Hey Dumb. Maybe You and Dumber should get your own board as you seem to live on this one polluting it with your endless b.s.  With your own board you guys could then go on