ERA - Energy Resources of Australia
- Thread starter RichKid
- Start date
He specifically said it was from a number of analysts.....
Knowing Roger they would be reliable fundamental analysts or he would not be quoting them....
They would be based on forward projections of all figures .... there ROE graphs look good and tidy for projections, but their net profit figures took a dent in 2009.
ERA stated production 2009 figures to be in line with normal figures, so they have done projections based on the 2007ish production with 2009 prices Id say...
ERA fundamentals look very strong. The company has a history of rising ROE, no capital raising, good % retained profits , strong equity ratio, low liabilities, 0% debt to equity.
Disclaimer - I do not own this stock. But will be soon.
Is ERA the forgotten energy stock?
They have a great ROE, no debt (in fact the opposite heaps of cash) and are supplying the lowest carbon emiting baseload electricity generation in the world. In the last decade the sp increased 10 fold.
Disclaimer I own this stock
They have a great ROE, no debt (in fact the opposite heaps of cash) and are supplying the lowest carbon emiting baseload electricity generation in the world. In the last decade the sp increased 10 fold.
Disclaimer I own this stock
Could not decide if I was being really smart or really stooopid. Afraid it may have been the latter so sold on Friday for a small profit.
Im surprised by this stock,
Ive done some calculations to work out the companies Intrinsic Value, and get it at under $5.
I guess its due to the low profit for the year.
Any ideas?
I just thought it would be worth more given how much it was.
I do have its value for next year tho at over $11
Ive done some calculations to work out the companies Intrinsic Value, and get it at under $5.
I guess its due to the low profit for the year.
Any ideas?
I just thought it would be worth more given how much it was.
I do have its value for next year tho at over $11
skc
Goldmember
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There is an underlying premise when it comes to valuing stocks using intrinsic value - the profit must be consistent in the past and fairly predicable for the future.
Using intrinsic value method to value any resource stocks and you will run into the trouble of predicting future commodity prices.
And if you think you can predict commodity prices with any sort of reliability then you should simply trade that commodity, rather than the miner of such.
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So how low will it go...i'm predicting this stock will drop to below 6 dollars but will it drop below 5 hmmm.
I just looked and it's at 5.04... Steadily falling.
pixel
DIY Trader
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That was last week.
Seems to me we've found support and are on our way back up above $5.
I started a new position at $4.95 and intend to add to it if $5.12 is broken later this week.
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My two bit, half baked trading system is suggesting the same thing - but support is still looking weak.
pixel
DIY Trader
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... and I meant to say Thank you for mentioning ERA in that other thread.
It was your reference that made me have another look at ERA's chart. I had traded it some time last year and dropped it off my portfolio for obvious reasons.
Cheers, Pixel.
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Why so little mention of the elephant in the room?
http://www.australianews.com.au/sto...&storyid=d20abc46-f21c-4ff7-9063-025b7f723eae
http://www.australianews.com.au/sto...&storyid=d20abc46-f21c-4ff7-9063-025b7f723eae
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Re: ERA.... Have i wasted my money?
Hello Mrs P and welcome to the forum.
Every stock that's traded on the ASX has its' own forum thread - so questions regarding a particular stock should be directed there. In your case, the thread for ERA is found here:
https://www.aussiestockforums.com/forums/showthread.php?t=2117&highlight=ERA
Please note that we cannot provide advice specific to you as this is illegal (unless you have the appropriate qualifications, which most here do not). So we cannot tell you whether you should be invested in the stock or not.
However if you are seeking general advice/views on the performance of the stock then i'm sure the users in the ERA thread will be more than happy to oblige.
hi, id welcome anyones view re ERA stock as i have a bit of $$$ in this stock and now wondering if ive stuffed up.
Im a newbie so please use words of one-two syllables please
Hello Mrs P and welcome to the forum.
Every stock that's traded on the ASX has its' own forum thread - so questions regarding a particular stock should be directed there. In your case, the thread for ERA is found here:
https://www.aussiestockforums.com/forums/showthread.php?t=2117&highlight=ERA
Please note that we cannot provide advice specific to you as this is illegal (unless you have the appropriate qualifications, which most here do not). So we cannot tell you whether you should be invested in the stock or not.
However if you are seeking general advice/views on the performance of the stock then i'm sure the users in the ERA thread will be more than happy to oblige.
