Yangarra Resources Ltd T.YGR

So Frustrating

[Helloworld]

YGR vs BIR

FFO: 24 cents YGR, 25 cents BIR
FCF: 8 cents YGR, -15 cents BIR
Debt: $1.05 YGR, $1.70 BIR

SP: $1.18 YGR, $6 BIR.

Nuts

[Hendrick3]

Absolutely crazy and yet Bir shareholders will tell you about the immense dividend  they receive. Please don't tell them Bir is borrowing to pay it. 

[cfliesser]

Dividends make people act irrationally. Take money out of one pocket and put it into your other and people feel like they gained something.  However many firms are valued on just that via the dividend discount model. Wait and see YGR rerate when they start a dividend once reaching 80M. For no reason other than that the model told me it's worth more now. 

[kavern23]

Wther right or wrong concept to some people that are Uber wealthy they realize inflation is eating away the purchasing power of holding cash so even a small divy can be attractive to this crowd as even a small 6% divy is more than enough to cover inflation. I think inflation scare to ultra wealthy has really pushed up the stock market in general. but even  small divy is adding so much to

[kavern23]

Wow..right on que after posted 1.40 in next weeks if usa market stays strong...YGR finally has some volume and share price is at least greeny

[Hendrick3]

Ygr just needs to get noticed and it will fly. It has solid fundamentals and if nat gas continues to climb, it has huge potential and torque. 

[kavern23]

1.5 cent a month divy would take share price up 80 cents pretty fast. Then could do 60m capex, 20m a year for further debt repayment and 20m in divys in a lower aeco enviro and aeco picks up up capex 10m every 50 cents on aeco

[cfliesser]

Yes BUT. What if they wait till debt at 80M. Then put in double the dividend. Then all the fancy models predict double the share price. Obviously doesn't double the shareprice in real life. But I do think that a shock and awe effect of waiting till they can put in a bigger dividend is better. At the end of the day in real dollars a dividend is pointless so if you are going for pychological

[pennydredful]

The  other thing  that makes no sense  is  that  likely Birchcliff pays  no  income tax but  the receivers of those dividends  do.  .  So  if   Birchcliff  retained  the   $$$ they  would  remain  tax free.