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Amerisur Share Chat (AMER)



Share Price: 55.75Bid: 55.25Ask: 55.50Change: 0.00 (0.00%)No Movement on Amerisur
Spread: 0.25Spread as %: 0.45%Open: 55.00High: 56.00Low: 53.75Yesterday’s Close: 55.75


Share Discussion for Amerisur (AMER)


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daftpunter
Posts: 197
Off Topic
Opinion:Strong Buy
Price:51.50
Is David Brent33
8 Jan '13
Bullish or bearish? It is hard to tell.
 
davidbrent33
Posts: 115
Off Topic
Opinion:No Opinion
Price:52.00
share centres top picks for 2103
8 Jan '13
Company overview
Amerisur Resources is an oil and gas exploration firm focussed in Columbia and Paraguay. Its key resource is the Platanillo fields in Columbia which at the time of writing is the only productive asset so far.

Under/Over valued?
As this is a small oil and gas exploration firm operating in a potentially unstable region, this would represent a very high risk investment. In terms of exploration, the company has made significant progress in recent years turning exploration projects into productive assets. Production only recently began at its Platanillo field in southern Columbia and the last update from the company in December showed that they were producing 4,342 barrels of oil equivalent per day (boepd) and confirmed that they remain on track to produce 5,000 boepd at 2012 year end. There remain several other wells still to be drilled for which updates are expected in Q1 2013 but tests carried out so far are positive. Amerisur have a 100% working interest in the Platanillo blocks and a 100% interest at its other exploration blocks in Columbia and Paraguay. These are all set for more seismic activity and drilling in 2013 and the company remain positive on their prospects.

With production increasing at a rapid rate, the company is expected to build on last year's performance with net margins expected in the region of 45% helped by the fact that the company has no debts on its books.

Risks
There are significant risks regarding the exploration, there may be oil wells that turn out to be dry or yield insufficient quantities to make it commercially viable. Given the region that they operate in there are high political risks and the threat of natural disasters is always present.

Facts
The last set of published results for the 6 months to 30 June 2012 showed revenues of $6 million, operating profits of $1.2 million with a cash balance of $11.2 million.
KUMS
Posts: 5,897
Off Topic
Opinion:Strong Buy
Price:51.50
BELL!!!
7 Jan '13
TIME!!!!!!!!!
KUMS
Posts: 5,897
Off Topic
Opinion:Strong Buy
Price:51.50
Amer
7 Jan '13
It's just not cricket!
KUMS
Posts: 5,897
Off Topic
Opinion:Strong Buy
Price:50.75
Amer
4 Jan '13
Could this get tipped tonight by someone?
KUMS
Posts: 5,897
Off Topic
Opinion:Strong Buy
Price:51.00
BOOOOOOOM!
4 Jan '13
BOOOOOOOOOOOOOOM
KUMS
Posts: 5,897
Off Topic
Opinion:Strong Buy
Price:50.50
UP Up and away
4 Jan '13
Giles Clarke has done it for us. In here from 14p.

Now topping up other Giles Clarke stocks: IRONVELD. I am 15% up there.
shsb2011
Posts: 11
Observation
Opinion:No Opinion
Price:48.00
Up,Up.. And away!
2 Jan '13
i have every confidence in amerisur and their management and directors. people are begining to realise the potential of this company. I would say the true market value of this share is 64p-70p; and with all the potential good news, it could be soon seeing 85-95p price tag!
ComptonArms
Posts: 88
Off Topic
Opinion:No Opinion
Price:46.75
View Thread (2)
RE: looks like
1 Jan '13
Agree Bluevan. Lots of things planned for April time if the path remains smooth. £1>>>>>

First Amer smashes through the 5k a day barrier!! How many by end of March when they should have completed current programme.
Answers on a postcard please. Min 4x what we have now!
bluevan
Posts: 197
Off Topic
Opinion:No Opinion
Price:46.75
View Thread (2)
looks like
1 Jan '13
we are on the next leg up this should be £1 by early April when the p.e.r. is re rated.



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