Surge Energy Inc (Alberta) T.SGY

Update on sgy private equity purchases since 2018

[soundandfury]

Mount bastion $320 million........astra energy $160 million......fire sky energy $58 million......grand total $538 million..........current market cap of sgy $375 million.........lolololol

[TickerStock101]

What your saying is that surge is hugely undervalued in the stock market when you look at their assets

[Chris007]

Based on metrics on paper...yes, SGY is hugely undervalued...even most analyst estimates are substantially higher.  Based on company guidance for next year, this should easily be a $8-10 stock...on paper That being said, it appears the market has healthy dose of scepticism towards surge management and their abilities to meet guidance (not that its unwarranted, after the the drama that