Yangarra Resources Ltd T.YGR

Ygr outperformed IPO

[Hendrick3]

Ipo results out and both FFO per share and EPS were below YGR and yet the stock price of IPO about 30% higher. Ygr the cheapest stock out there at the moment based on fundamentals. Let's break the shorts and get this company up where it belongs.

[cfliesser]

seems similarly priced to IPO. YGR has more debt. that makes up the difference in price.

[Helloworld]

Agree fairly priced today. However, if YGR hits their YE average target of 12k or even gets close it means that the H2 would be 30% higher than H1 for production. This would in turn mean YGR SP would need to rise about 50% to catch up to IPO on a EV basis.

[fullyautomatic]

Cliff- you are right.. But is the market ignoring growth profiles.. ? As mentioned by Kav- IPO will struggle to grow production, as they buy more production, than they drill. YGR steady drilling, I think they said +20 wells coming on in H2 2022. How many will IPO crank out? 12-Maybe if they get moving. YGR is in a nice spot comparatively... 

[cfliesser]

For sure thats why I own YGR. But teh market clearly doesn't believe YGR at all. Hence its not priced in.

[pennydredful]

while   your   statement  has  some  element  of   truth  it   is  a  gross  oversimplification   .  Keep  in   mind   YGR    production    is  higher    than    IPOs.   YGR    has   fewer   AROs

[cfliesser]

YGR has more gas vs. liquids though. The overall production profile + debt makes them pretty similarly valued (assuming similar future growth, which we previously discussed the market believes only what they see historically)

[pennydredful]

LIke   you  , Hold   both. 

[pennydredful]

One  way  to  break  the shorts  is  to  remove  their  ability   to   borrow  stock  .   They   borrow  stock   from  either  brokers  that  lend  stock  out   of  margin  accounts ( yours  and mine etc.)  as   this is&