Register
Login:
Share:
Email Facebook Twitter

Add Amerisur to quick picks

Amerisur Share Price (AMER)



Share Price Information for Amerisur (AMER)


Share Price: 64.25Bid: 64.00Ask: 64.25Change: -0.75 (-1.15%)Faller - Amerisur
Spread: 0.25Spread as %: 0.39%Open: 64.75High: 65.75Low: 63.75Yesterday’s Close: 65.00
InfoCFDs vs Share Trading - Download your Free Guide from LSE Markets
When trading CFDs, Forex, and Spread bets, it is possible to lose more than your initial deposit.


Amerisur Resources Plc Ord 0.1P

Amerisur is listed in the FTSE AIM 100, FTSE AIM UK 50, FTSE AIM All-Share
Amerisur is part of the Oil & Gas Producers sector




Intraday Amerisur Share Chart




Share Price SpacerPrice
64.25

Share Price SpacerBid
64.00

Share Price SpacerAsk
64.25

Share Price SpacerChange
-1.15%-0.75

Share Price SpacerVolume
1,666,497

Share Price SpacerOpen
64.75

Share Price SpacerHigh
65.75

Share Price SpacerLow
63.75

Share Price SpacerClose
65.00

Share Price SpacerCurrency
GBX

3 Month Amerisur Share Graph




Currency Issue Country Shares in Issue Market Capitalisation Market Size
GBX GB 1,062.09m £682.40m 7,500

52 Week High 67.25 52 Week High Date 26-AUG-2014
52 Week Low 42.00 52 Week Low Date 1-NOV-2013

# Trades Vol. Sold Vol. Bought PE Ratio Earnings Dividend Yield
785 964,761 596,457 23.700 2.71 0.00 0.00




Date
Time
Trade Prc
Volume
Buy/Sell
Bid
Ask
Value
 

27-Aug-14
17:01:00
64.3455
9,800
Buy* 
64.00
64.25
6,306
Trade Type:
Ordinary

27-Aug-14
16:58:00
65.00
9,600
Buy* 
64.00
64.25
6,240
Trade Type:
Ordinary

27-Aug-14
16:46:46
64.25
158
Buy* 
64.00
64.25
101.52
Trade Type:
Ordinary


*Buys and Sells are calculated on the difference between the trade price and the current mid price. As such, they can occasionally be incorrect.

View more Amerisur trades >>

Directors Deals for Amerisur (AMER)
Trade DateActionNotifierPriceCurrencyAmountHolding
02-Dec-13Notification of Holding
Trade Notifier Information for Amerisur Resources
Charles Giles Clarke held the position of Chairman at Amerisur Resources at the time of this trade.
 Charles Giles Clarke
0016556776
06-Jun-13Transfer From
Trade Notifier Information for Amerisur Resources
John Wardle held the position of CEO at Amerisur Resources at the time of this trade.
 John Wardle
03,750,0000
06-Jun-13Exercise of option
Trade Notifier Information for Amerisur Resources
John Wardle held the position of CEO at Amerisur Resources at the time of this trade.
 John Wardle
7.52GBX10,000,0000
View more Amerisur directors dealings >>

Date/Time
Author
Subject
Share Price
Opinion
Today 16:37
tradernor
RE: From the SA article about AMER ..
64.00
No Opinion

spike, thanks for the feedback but things are not exactly like this. - All the companies which are dependent on one single asset and lack diversification trade at a significant discount to the market. This is a fact. AMER is the exception to the rule but I think this will not last for long. A significant DOWNLEG can take place anytime. - AMER's Paraguay and PUT-12 are not producing anything. Paraguay has not been de-risked at all. Virgin land. It is stupid if some investors pay a premium for a completely uncharted land. I have numerous companies that went broke by drilling uncharted land. - Since you mention AMER's future production, Petroamerica will produce 30,000 bopd by 2016 according to the company's statements pro forma Suroco. - When you evaluate an energy company, you must not check the absolute figures, you must check the ratios instead. This is what the brokerages firms do. Based on these ratios, AMER trades 4-5 times higher than PTA. I am talking about EV/EBITDA and EV/Production. This gap is huge. In terms of EV/ 2P reserves, AMER trades much higher than PTA. - Quinde field. This field has GUSHERS ONLY and belongs to PTA now pro forma Suroco deal. The Quinde field is at Suroriente Block and is way superior to the Platanillo field that has wells which flow 300-500 bopd. PTA's gushers at the Quinde field flow from 2,500 bopd to 4,400 bopd. I am sure you get the difference.
Today 13:23
spike501
RE: From the SA article about AMER ..
64.50
No Opinion

Tradernor - it was a very interesting article, I had been following Suroco for sometime and I believed they were undervalued, which I still don't think is fully valued and together with Petroamerica looks substantially undervalued as the article suggests. However I don't agree that Amerisur is overvalued, currently I think it is fairly valued and can even see the case that it is undervalued. Here is why... I don't see much advantage in diversification within Colombia even if it is over two oil producing regions. I see the fact that Amerisur has a single large field with significantly more reserves and resources than Petroamerica has across 15 different fields as being far more advantageous. Platanillo is currently 32MMBO of 2P - however with the recent extension south, the recent test of the N sands and the coring that will be done in plat-20 will likely push this up north of 40MMBO, potentially as high as 50MMBO - this is without the T, B and M2 sands and probably more importantly the extension north of the U sands. It seems fairly likely that ongoing development drilling over the next 2 years will result in upwards of 70million 2P and I could see it being nearer 100MMBO. This compares to the acreage in Putomayo that Petroamerica has across multiple small prospects which currently carry exploration and development risk together with much more work required to develop multiple small fields compared to one large field. As he mentions one driver of value in Colombia is acquisitions - a single 70MMBO field will be highly, highly atractive compared to multiple smaller fields So where the author sees Petroamerica to have an advantage due to diversification, I see Amerisur as having a large advantage due to significant economies of scale. Additionally Amerisur does have an additional highly promising resource in PUT-12 which is about to be developed, together with significant acreage in Paraguay As to some of the other metrics he presents. On EV/2P, as already discussed I expect a material upgrade to 2P reserves at the year end which will probably result in Amerisur being priced better than Petroamerica. On production, clearly Amer is overpriced at current levels, however we know field production capacity is already north of 10kbopd and is simply constrained by export capacity and this is being resolved as we speak and will eventually allow a significant increase in production. I think very importantly reserve life also gives AMER a premium - petroamerica may have improved it but it still stands at less than 6 years. Amerisur is currently over 10 years and even with production increases the reserve upgrades the RLI will likely increase. In short Amerisur should be able to get to 20kbopd production within 2 years, while maintaining 10 year RLI simply through cheap, low risk development drilling - some of this is priced in, hence the premium on current metrics, however I believe there is still room for good share price growth.
Today 10:10
Ladeside
RE: From the SA article about AMER ..
65.00
No Opinion

That's totally untrue though, Amerisur may only have one producing asset (although we do also have Fenix), however we own the best licences in Paraguay and that alone could be the pathway to great riches. Obviously Paraguay is at a very early stage, however it certainly cannot be totally ignored and no value attributed to it.
Today 07:05
tradernor
RE: From the SA article about AMER ..
65.00
No Opinion

See the last paragraph of the article and you will find this excerpt.
Today 07:04
tradernor
From the SA article about AMER
65.00
No Opinion

I quote from this SeekingAlpha article that compares AMER to PTA (Petroamerica Oil): When it comes to investing in Colombia, my track record speaks volumes. So I assure you that Petroamerica is a diamond in the rough. Or to say it differently, Petroamerica is a "Parex Resources in the making". Petroamerica expects to be able to fully fund internally its operations for the year through the combination of free cash flow and cash-on-hand, while continuing to pursue select new business opportunities that will enhance the existing portfolio and provide additional future growth in its two core areas. I must also point out the tremendous valuation gap between Petroamerica and Amerisur Resources. First, Amerisur Resources has nothing more than one producing property (Platanillo Block) which translates into zero diversification. Second, Amerisur's Platanillo Block is right next to Suroco's (now Petroamerica's) Suroriente Block which is a gold mine, given that both the Cohembi and the Quinde oilfields are there. Third, Amerisur and Petroamerica are Net Debt free. In other words, there is nothing that makes Amerisur better than Petroamerica, and their tremendous valuation gap is beyond any understanding and completely unjustified. The inefficient market is here. The only reason behind this huge gap is the fact that Amerisur's primary listing is on the London stock exchange (ticker: AMER.L), and Amerisur's buyers (mostly European investors) do not have the opportunity to compare Amerisur to Petroamerica and realize the big picture. If Petroamerica had Amerisur's key metrics (EV/Production, EV/2P reserves, EV/EBITDA), Petroamerica should trade now between C$1.5 and C$2 per share. After all and as the story gets out, the bargain seekers will not afford to overlook Petroamerica at the current price of C$0.39. The stock has nowhere to go but up, given that Petroamerica's fair price compared to the peer group is C$0.85 per share, while the company's NAV is estimated at C$0.76 per share (low estimate). The link: http://seekingalpha.com/article/2447625-to-handsomely-beat-the-market-buy-petroamerica-oil-with-both-hands
Tue 19:06
tradernor
RE: SeekingAlpha Article about AMER..
65.00
No Opinion

PTA is the ticker for Petroamerica Oil that drills right next to AMER in the Putumayo Basin.

Share prices shown are taken at time of message posting.
Thread ViewThread View
View more share chat for Amerisur (AMER) >>
Please Login or Register to post messages

Share Trading BrochureRequest your Free brochures on share dealing, spread betting and CFDs




Sign up for Live Prices


CD02WL.001.081313
Home  |  Contact Us  |  About Us  |  Careers  |  Advertise with Us  |  Sitemap  |  Terms & Conditions  |  Cookies  |  Privacy


Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.