Register
Login:
Share:
Email Facebook Twitter

AEN Share Chat - RSS Feed

Andes Energia Share Chat (AEN)



Share Price: 44.75Bid: 44.75Ask: 45.25Change: 0.00 (0.00%)No Movement on Andes Energia
Spread: 0.50Spread as %: 1.12%Open: 44.75High: 44.75Low: 44.75Yesterday’s Close: 44.75


Share Discussion for Andes Energia (AEN)


Thread ViewThread View
Please Login or Register to post messages
Posts per page:


tradernor
Posts: 704
Off Topic
Opinion:No Opinion
Price:31.75
More Oil Producers from Latin Ameri
15 Oct '14
Second article from SA this morning about the remaining Latin American OIL producers, including those in Trinidad and Tobago:

http://seekingalpha.com/article/2562065-petroamerica-oil-welcome-to-the-cheapest-oil-producer-worldwide-part-2
 
jimzim
Posts: 72
Off Topic
Opinion:No Opinion
Price:31.75
View Thread (2)
RE: SP
14 Oct '14
Don't know why the seller is selling but most days we have an AT attack early doors, usually in lots of 5000. Because there is very little liquidity in the share, these sells are having a big effect.
On the positive, read that Soros has made his biggest investment into YPF and that when Kirchner was in NY for her UN speech, she had a meeting with the big man - guess he has had the assurances he needs for his big shale play in Vaca Muerta. He is also invested, long time, in SLE and other hopefuls on shale in Poland. I have been grinding my teeth there for several years waiting for the commercial find, something we don't have to do with Vaca Muerta cos it is already producing commercially. But wait we must for value to be recognised here. If I sense a bottom, will buy some more as we have great assets and prospects and currently growing our production too.
clarkyd
Posts: 198
Observation
Opinion:No Opinion
Price:31.75
View Thread (2)
SP
14 Oct '14
Does anyone know why such a big drop in price recently?
JohnPlay
Posts: 2
Off Topic
Opinion:No Opinion
Price:34.25
RE: First SA article about AEN
13 Oct '14
It is not correct to compare Petroamerica value ratios with Andes ratios. Most of the Andes value comes from its position in the Vaca Muerta unconventional shale acreage, not from current production or ebitda. To do that properly, you need to adjust Andes value, deducting the value of Vaca Muerta acreage first, and then do the ratios with the EV residual conventional value and compare them with other pure conventional E&P companies.
tradernor
Posts: 704
Off Topic
Opinion:No Opinion
Price:39.13
View Thread (2)
RE: First SA article about AEN
12 Oct '14
Based on that article, AEN trades with very high ratios.

With 1,600 bopd production, AEN currently trades $218,000/boepd and 35 times its 2014 EBITDA.

AEN is the most expensive company among the 8 peers mentioned in the article, and PTA (Petroamerica Oil) is the cheapest one.
tradernor
Posts: 704
Off Topic
Opinion:No Opinion
Price:40.50
View Thread (2)
First SA article about AEN
10 Oct '14
The first detailed article from Seeking Alpha that compares AEN to several other Latin American producers, was out this morning:

http://seekingalpha.com/article/2549985-petroamerica-oil-welcome-to-the-cheapest-oil-producer-worldwide-part-1
tradernor
Posts: 704
Off Topic
Opinion:No Opinion
Price:41.88
Oil Producers in Colombia: AEN, PTA
24 Sep '14
Top Idea Article from Seeking Alpha about Petroamerica Oil (PTA) and other Latin American players:

http://seekingalpha.com/article/2447625-to-handsomely-beat-the-market-buy-petroamerica-oil-with-both-hands
jimzim
Posts: 72
Off Topic
Opinion:No Opinion
Price:43.50
AT attack again today?
12 Sep '14
We have had a mid-day AT attack the last 2 days - will it be 3 in a row? If they take it much lower, I'll think about toppping up as this share might be illiquid but that doesn't make it a 'bad' share, just way off the radar. Shale and Argentina are both unloved, for now, but see Soros has just gone big into YPF, our partners in the Vaca Muerta so not everone is blind and chasing todays 'hot' stuff.
jimzim
Posts: 72
Off Topic
Opinion:Buy
Price:46.25
Colombia RNS
2 Sep '14
Good to see that Andes are moving ahead with their assets in Colombia. In my mind a good deal as we are gaining a strong local partner (Trayectoria), and possibility of further deals with them down the line, for shares at the current SP. There is no point in sitting on licences - they are there to be developed and as we don't have the cash to go it alone, getting in good partners at a good price is ideal.
Trayectoria are one of the top 5 Colombia E&P companies with further operations in Brasil - their licences are in Sergipe which is where we have also have a stake (possible further tie up with them in Brasil down the line?) - and Guatemala - a serious company indeed.
Gwenllian
Posts: 95
Off Topic
Opinion:No Opinion
Price:46.00
View Thread (2)
RE: BigC
29 Aug '14
Oh dear. Not at all. It's not a very active board.

It's great to have some feedback. I've been invested for a while now and have taken the view that these are a long term hold - bottom drawer share. Great prospects though.

Thank you for the feedback.

All the best and GL.

--Gwen.



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

Sign up for Live Prices
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.