Post by
Buyreallow on May 04, 2022 12:13pm
Oil and Gas
With WTI 3.5% today to above $105 and Nat gas up over 5% to near $8.40, JOY is extremely undervalued. They are spewing cash big time. Next week we should get the Q1 results which will be record breaking, and Q2 will be even better if this keeps up. Hugh buying opportunity here. This thing is headed above $8.00 and could even see $10.
Comment by
oldmilwaukee24 on May 04, 2022 4:16pm
Couldn't agree more. Earnings after the bell tomorrow. Great opportunity. Unhedged, unbridled, ready to run. JOY to the world.
Comment by
hawkowl1 on May 04, 2022 7:39pm
Have to agree . Nothing is cheaper than JOY!. I added today .My largest position. Truly a gift. Alex Verge with options owns. more than 10% of this company. Looking at $2.00 of cash flow this year. Its a $10 stock trading at a crazy stupid low mulitiple. Low profile. underestimated. Investors will be shocked when earnings and cash flow are released..
Comment by
hawkowl1 on May 04, 2022 7:40pm
Edit. $2.00 per share of cash flow!
Comment by
Buyreallow on May 05, 2022 7:01am
I think with AECO gas near $8.00 and oil above $100, their cash flow is already near $2.50, and if prices stay here for any length of time, CF could be $3.00.
Comment by
morrisminiman on May 06, 2022 11:57pm
All CAD oil and gas is undervalued, not just JOY. ...thanks Justin!
Comment by
RodneyRickshaw on May 07, 2022 9:22pm
Too heavy in at this point