Even after wipeout of Canadian E&P's, PWE/PWT still conservatively worth C$2.92/share based on comp | OBE Message Board Posts


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Msg  13648 of 21771  at  8/25/2015 8:33:14 PM  by

carler98


 In response to msg 13644 by  Nawaralsaadi
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Re: Even after wipeout of Canadian E&P's, PWE/PWT still conservatively worth C$2.92/share based on comps

Nawar ,I don't even pretend to have the insight of the company that you have,
 
I have however been investing in these market for over 40 years and my family has a pretty strong investment background by any  standard.
 
Stocks do not trade at  60 cents for no reason,and PWE is no exception.
 
The option markets are portraying a little or no chance of a substantial recovery,and on top of the decline in oil prices it appears a recessionary , deflationary world wide  scenario  may be facing us.
 
I truly hope that the necessary metrics for a recovery  come to pass ,but without some change in oil prices the assets that are in the ground lose value daily,and the debt and covenants that are above ground become more pressing at the same time.
 
Management needs to act , even if just for eyewash. quickly. 


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Replies
Msg # Subject Author Recs Date Posted
13649 Re: Even after wipeout of Canadian E&P's, PWE/PWT still conservatively worth C$2.92/share based on comps michsteve09 5 8/25/2015 8:42:10 PM
13694 Re: PWE/PWT still conservatively worth C$2.92/share based on comps - carler98 Nawaralsaadi 10 8/26/2015 10:48:37 AM




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