AED - AED Oil
- Thread starter lewstherin
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AED gets a mention again in the financial review today on p22. It says that UBS upgraded its price target from $6.46 to $8.22
they are being conservative on purpose - as soon as it runs again or has another stellar announcement UBS will upgrade their price targets
I'm sure they reserve their 'real' price targets for their larger clients
they are being conservative on purpose - as soon as it runs again or has another stellar announcement UBS will upgrade their price targets
I'm sure they reserve their 'real' price targets for their larger clients
bigdog
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AED is looking great again today up 26 centts
AED $6.96 +$0.26 +3.88% 63,788 share for $445,560 23-May 10:00:48
AED $6.96 +$0.26 +3.88% 63,788 share for $445,560 23-May 10:00:48
These started looking bullish when it first broke $5.20 on volume.
It was kinda in a stage 1 there for a bit over 4 months, from $4.75-5.20.
I was just watching, waiting for the break.
I was in at 5.43 about 2 weeks ago.
CanOz
Home runs feel good, but base hits pay bills!
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I might wait for a pullback before getting in on this oiler....all those break a way gaps...you think they'll take a while to fill?
Cheers,
NOT A BAD DAY UP OVER 8 % NEW HIGH OF $7.25 depth still looking good whats members thoughts, take over rumors maybe , ps my opinion only dyor
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imajica,
did you notice in the AFR snippet, that even at the closing price yesty the expected forward P/E was 2.5
....no wonder people are still buying in big time !!
did you notice in the AFR snippet, that even at the closing price yesty the expected forward P/E was 2.5
....no wonder people are still buying in big time !!
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Hi Rocka,
Sorry about that, I was referring to the small snippet in the Australian Financial Review that imajica mentioned. I saw the article in my lunch break, but don't have online access so I cant post anything.
And for any newbies that dont know what a expected P/E (price earnings ratio) of 2.5 is: UBS expect that the companies FY08 earnings be so large, that in 2.5 years the profits will equal the current total value of the company.
So it still is very cheap at this price, ASSUMING everything goes to plan when they start producing oil. Enjoy
Sorry about that, I was referring to the small snippet in the Australian Financial Review that imajica mentioned. I saw the article in my lunch break, but don't have online access so I cant post anything.
And for any newbies that dont know what a expected P/E (price earnings ratio) of 2.5 is: UBS expect that the companies FY08 earnings be so large, that in 2.5 years the profits will equal the current total value of the company.
So it still is very cheap at this price, ASSUMING everything goes to plan when they start producing oil. Enjoy
chops_a_must
Printing My Own Money
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Holy crap!!
Just had a look at AED after getting back from work. What happened at the close? Why is the spread so massive? Was there a massive buy on the closing auction?
Sorry for the questions... just didn't get to look at the close today...
Looks like a total selling capitulation to me... but still not in oversold territory (78). So it could be interesting... When the fundamentals are crazy like this ones are, it can go anywhere. It's great fun anyway...
Cheers,
Chops.
Just had a look at AED after getting back from work. What happened at the close? Why is the spread so massive? Was there a massive buy on the closing auction?
Sorry for the questions... just didn't get to look at the close today...
Looks like a total selling capitulation to me... but still not in oversold territory (78). So it could be interesting... When the fundamentals are crazy like this ones are, it can go anywhere. It's great fun anyway...
Cheers,
Chops.
Stock is in the process of being re-rated to over $8 on market consensus driver by major broker valuations. If you look at the PE against forecasts, a sp well north of $10 is a reality inside 2 years.
Granted that this is conditional upon management delivering forecasts. I am only sorry that I waited & watched the sp rise from $0.96 to $4.80 before investing
Granted that this is conditional upon management delivering forecasts. I am only sorry that I waited & watched the sp rise from $0.96 to $4.80 before investing
HI CHOPS A MUST my opinion is the price is up and heading up further as there is more buyers and no sellers at the low end, company is under valued, i was on the market all day the price never looked like falling below $6.97 all day last 20 min of trade no sellers below $7.00 all above, ps i may be wrong my opinion only im amatuer
chops_a_must
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Thanks for the thoughts fellas. Agree entirely, obviously... I think it could do $10 very soon with the amount of momentum this monty has going. However, some of the fib extensions I have on it seem to be grouping between 9.75 and $10. So perhaps strong resistance at this level? Perhaps getting there by first oil and going through after production confirmation? With a comparable sector P/E applied of 5-7... a SP target of between $12-14 to me looks possible.Stock is in the process of being re-rated to over $8 on market consensus driver by major broker valuations. If you look at the PE against forecasts, a sp well north of $10 is a reality inside 2 years.
Granted that this is conditional upon management delivering forecasts. I am only sorry that I waited & watched the sp rise from $0.96 to $4.80 before investing
What an absolute stonker of a stock to own though...
does anyone know the average P/E for an oil producer?
in smart investor mag it states that the industry average P/E for the oil and gas sector is 29
BPT has a P/E of about 10
at a P/E of 5 or 7 we can expect stellar returns (conservative)
at a P/E in line with the industry average we can expect returns of 'woodside' proportions
I believe that AED has significant room to grow because:
1. tightly held share register (only 75 million approx)
2. production imminent with massive room for reserve upgrade
3. massive revenue stream will fund further exploration and expansion in 2008
(this expansion will develop AED into a powerful force in oil)
good luck to all holders - looks like we both agree on this one Chops!!!!
in smart investor mag it states that the industry average P/E for the oil and gas sector is 29
BPT has a P/E of about 10
at a P/E of 5 or 7 we can expect stellar returns (conservative)
at a P/E in line with the industry average we can expect returns of 'woodside' proportions
I believe that AED has significant room to grow because:
1. tightly held share register (only 75 million approx)
2. production imminent with massive room for reserve upgrade
3. massive revenue stream will fund further exploration and expansion in 2008
(this expansion will develop AED into a powerful force in oil)
good luck to all holders - looks like we both agree on this one Chops!!!!
Well it had a long stage one between $4.75-$5.20 for maybe
And you know what Stan said, the longer the stage 1 the stronger the stage 2!
Yeh tight register only 78million shares.
Earnings of $2/share next year. Average P/E for the energy sector is 16.
Half that, lets take 8, and you'll see why i consider guys like UBS to be bearish on this stock!
And remember production soon oil will be sold under TAPIS price thats much higher than WTI
And you know what Stan said, the longer the stage 1 the stronger the stage 2!
Yeh tight register only 78million shares.
Earnings of $2/share next year. Average P/E for the energy sector is 16.
Half that, lets take 8, and you'll see why i consider guys like UBS to be bearish on this stock!
And remember production soon oil will be sold under TAPIS price thats much higher than WTI
