AUT - Aurora Oil and Gas

[condog]

Guys, how does dually-listed companies work in regards to SP affecting the other?

Are new shares issued for the new listing?
Surely open markets would track the company at roughly the same value?

Sorry if this is a really n00b question but this is in relation to AUT and any info would be great and I'm sure others would appreciate an answer from the experienced guys here.

Thanks in advance.

Generally they are free to operate independently, but this is not always the case. Currency fluctuations and sp fluctuations will attract buyers and sellers to sort out any disparity.

In regards to the Eureka report, i sent Alan many emails last year about AUT, he failed to listen, so they are a bit behind the 8 ball mentioning it now.

 

[tothemax6]

Guys, as I understand it from the financials, all AUT does is loose money. What is the theory behind the buying, given that the share price has rocketed nontheless?

 

[trader8888]

Guys, as I understand it from the financials, all AUT does is loose money. What is the theory behind the buying, given that the share price has rocketed nontheless?

Read an investor presentation and a EUROZ report, that will open your eyes.

 

[ParleVouFrancois]

Yo to the max, fundamentally AUT has some of the best acerage in the eagle ford shale in America, it's just starting to ramp up production as previously there was no cashflow in the company, this is changing rapidly as each well is drilled. If you only invest on past cashflow/profits, you'll never understand the growth stocks, and should stick to the "blue chips".

I used to hold but the implied growth was a bit much, probably lots of upside left in it but I won't be one taking the risks on.

 

[poverty]

The best thing about buying a company that always loses money, but is about to make money, is that you make a lot of money?

 

[trader8888]

Yo to the max, fundamentally AUT has some of the best acerage in the eagle ford shale in America, it's just starting to ramp up production as previously there was no cashflow in the company, this is changing rapidly as each well is drilled. If you only invest on past cashflow/profits, you'll never understand the growth stocks, and should stick to the "blue chips".

I used to hold but the implied growth was a bit much, probably lots of upside left in it but I won't be one taking the risks on.

I think that you will find most of the risk has been taken out, and now their is very little risk. AUT is turning into a bluechip, if it is'nt already one (its in the ASX 200)

Only risks i can see are - PIGS, OIL falling which is highly unlikely, American econemy (which is related to the price of OIL) , Enviromental.

Most of those risks their will effect every single stock.

All IMO, DYOR

 

[condog]

I think that you will find most of the risk has been taken out, and now their is very little risk. AUT is turning into a bluechip, if it is'nt already one (its in the ASX 200)

Only risks i can see are - PIGS, OIL falling which is highly unlikely, American econemy (which is related to the price of OIL) , Enviromental.

Most of those risks their will effect every single stock.

All IMO, DYOR

Well said.

Been very much derisked. Cash flow not appearing on balance sheet as it has a well repayment agreement with hilcorp. That doesnt mean money isnt being made. It means hilcorp lent us the money up front and we are currently repaying it, When the cash starts flowing most will be shocked how suddenly it begins flowing.

To the max, probably pay for you to spend some time researching it. Start by reading the Euroz reports posted in here around page 104-107 somewhere.

 

[shanti]

Max6 if you want positive cash flow above growth prospects go with RCO. The only time RCO share significantly increased was before dividend, they pass on profits to shareholders via very generous dividends. I'd rather stay with AUT

 

[Assasin]

Just read this, from Carey Smith from Alto Capital regarding share recomendations on The Bull. I wonder if Mr Smith ever had AUT as a buy?

SELL RECOMMENDATIONS

Aurora Oil & Gas (AUT)

The US oil and gas shale sector has proved to be a company maker for AUT. The share price has skyrocketed in the past 18 months as market capitalisation approaches $1.3 billion. Today’s share price implies that ongoing development of its oil and gas fields will progress perfectly – that is there’s no unforeseen issues. For this reason, we suggest investors take profits.

 

[trader8888]

Just read this, from Carey Smith from Alto Capital regarding share recomendations on The Bull. I wonder if Mr Smith ever had AUT as a buy?

SELL RECOMMENDATIONS

Aurora Oil & Gas (AUT)

The US oil and gas shale sector has proved to be a company maker for AUT. The share price has skyrocketed in the past 18 months as market capitalisation approaches $1.3 billion. Today’s share price implies that ongoing development of its oil and gas fields will progress perfectly – that is there’s no unforeseen issues. For this reason, we suggest investors take profits.

Shes obviously not the sharpest tool in the shed then.

Is their numbers that she has supporting these comments?? That comment is so vauge and not really worth acknowledging IMO if that is all she can come up with.

Ive done the numbers, as well as many people here and we can all see this is only going one way. Providing the econemy can stay as it is, if it faulters then where all doomed.

Just sounds like an un-subatansiated down ramp by a punter lol

All IMO DYOR

 

[Buckfont]

Shes obviously not the sharpest tool in the shed then.

Is their numbers that she has supporting these comments?? That comment is so vauge and not really worth acknowledging IMO if that is all she can come up with.

Ive done the numbers, as well as many people here and we can all see this is only going one way. Providing the econemy can stay as it is, if it faulters then where all doomed.

Just sounds like an un-subatansiated down ramp by a punter lol

All IMO DYOR

All IMO DYOR

Trader8888, Carey Smith from Alto Capital, is actually a bloke!!!

 

[trader8888]

Ok no worries lol, Does it matter

 

[Buckfont]

Ok no worries lol, Does it matter

Nope just setting the record straight

 

[Assasin]

Here's the link, his buy recomendations are doozies also.
Hey Trader, have a look at the pic, wouldn't like to kiss her.


http://thebull.com.au/articles/a/17439-18-share-tips---7-february-2011.html

 

[donteatme]

He's probably just looking at the Stoxline analysis of a strong sell.

Yet, it's gone up today and the last time there was a strong sell recommendation on Stoxline, it was at around 2.55 if I recall correctly, just before it boomed.

 

[adobee]

If he has a SELL recommendation on it now for those reasons its not that unreasonable it would be very dependent on what price he had this AUT & LYC as a BUY .. ??

 

[trader8888]

If he has a SELL recommendation on it now for those reasons its not that unreasonable it would be very dependent on what price he had this AUT & LYC as a BUY .. ??

I think if you decided to sell on that kind of recommendation you have to be someone how does'nt know the stock very well, or someone who cant think for themself.

Condog has mentioned that he has bombarded news papers and anylysts about AUT when it was much lower than this, and just now we are seeing them mention AUT when most of the gains have been made. I think people cant believe AUT has gone up so much, and now they see it at 1.2 billion MC and they think it must be overvalued. But when you do the sums it opens your eyes to why AUT has a MC of 1.2 billion and why canadian firms are buying at this price and putting high valuation's on AUT.

He quotes "The share price has skyrocketed in the past 18 months as market capitalisation approaches $1.3 billion. Today’s share price implies that ongoing development of its oil and gas fields will progress perfectly – that is there’s no unforeseen issues. For this reason, we suggest investors take profits. "

Firstly i dont think AUT has been priced to progress perfectly with its development, with a low PE ratio of 14 and $14 per BOE in the ground. These figures are very low compared to AUT's peers. On that note AUT is actually beating the reserve report estimates for declines and condensate ratio. Not to mention the reserves report that will be out this month and TSX listing.

Any new comers take a look at condogs valuations and thoughts, best ive seen on a forum and for that matter smashes most brokers as well.

IMO, DYOR. I guess im not the uni graduate though lol

 

[condog]

One must watch who they listne to, and always try to analyse how many cans short of a six pack they are.

Im not implying she is 7 cans short, but certainly that comment, from a supposed educated broker / advisor, says to me , run a mile, put your fingers in your ears and go buy 7 cans to make your 6 pack.

 

[adobee]

If he has a SELL recommendation on it now for those reasons its not that unreasonable it would be very dependent on what price he had this AUT & LYC as a BUY .. ??

Im not saying its a buy or sell .. I am asking what price he had it as a Buy if he now has it as a sell ???????

 

[trader8888]

Im not saying its a buy or sell .. I am asking what price he had it as a Buy if he now has it as a sell ???????

Not sure, never heard of him or seen him put valuations on AUT.