Post by
JTDOUBLE on Nov 04, 2022 10:45am
GXE beat expectation latest Quarter..
Analyst expected 5 cents Eps and GXE delivers 7 cents..
With rumours China opening crude rose significant today..
Over 90 bucks oil more likely we will hit some re-rating of GXE..
Still hoping 9-12 cents eps if oil run up to 100 bucks ..
I think oil going to 100 bucks given all the catalyst..
Comment by
w8asec on Nov 04, 2022 10:55am
JT - Is there any chance we can talk about all the "bad" things that can occur. After all you are a LONG investor right?
Comment by
JTDOUBLE on Nov 04, 2022 10:59am
Oil about supply and demand like any commodity ..whatever you expect oil is going the price of gxe will follow like other oil stocks..im bullish on oil expect 100 bucks ..Only bad thing i see here is someone buying GXE before we can actualized it true value!!!
Comment by
w8asec on Nov 04, 2022 11:02am
Well that's actually interesting... a buyout before true value???? Why do you nfeel we are not at true value NOW?
Comment by
bonjovi501 on Nov 04, 2022 11:04am
GXE best hope is for a take over as that will be the only way it gets the share price to where it should be. We just can not break out like other stocks but at least we get a dividend. We were a $5 stock at one time and it sure would be nice to get there again.
Comment by
JTDOUBLE on Nov 04, 2022 11:11am
Management Effectiveness Return on Assets (ttm) 20.18% Return on Equity (ttm) 71.22% given the statistics.. PE of 3 .. It is one of few undervalued stock in this sector.. Im happy collecting 1700 per month as I added more today !! GL