Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
OK somebody counted it better than me, but need to be able to count it myself so I can react to different market conditions
projections for 2019
OIL PRICE / PROFITABILITY (Millions) / P.E. RATIO (***16 Pence share price***)
49 / $18.2 / 4.6
50 / $9.3 / 9.1
51 / $10 / 8.5
52 / $10.7 / 7.9
53 / $11.4 / 7.4
---
64 / $17.9 / 4.7
65 / $18.3 / 4.6
---
69 / $20.2 / 4.2
70 / $20.7 / 4.1
71 / $21.1 / 4
72 / $21.6 / 3.9
73 / $22.1 / 3.8
---
75 / $23 / 3.7
80 / $25.3 / 3.3
Currently we are at 3.7 that means for every 3.7 years you get capital back in this company.
27% yield
you guys misunderstand. the "dividend" aka ROI which would be better name for it is ridiculously high!! if they can put that money into snowball growth and compound it it would be awesome.
I just wonder why it's so cheap though, is there some risk of nationalisation or what?
Done some maths, prove me if i'm wrong.
current output 2800 bpdx 365 x74$ = 75 600 000$ turnover yearly at current prices
oil price at the beginning of the year = ¬60$ so 365 x74$ x 2750 = 60 000 000 m
-----
costs would be 31$ per barrel so at current levels 365 x (74$-31$) x 2800 = 43 000 000$ yearly = £32m profit
same calculation at the beginning of the year - 365 x (60$-31$) x 2750 = 29 000 000 profit = £21m profit
if they paid out £21m-32m profits in dividend it would be 42%-64% dividend.
Not accounting for 25% dillution
Done some maths, prove me if i'm wrong.<br />current output 2800 bpdx 365 x74$ = 75 600 000$ turnover yearly at current prices<br />oil price at the beginning of the year = ¬60$ so 365 x74$ x 2750 = 60 000 000 m <br />-----<br />costs would be 31$ per barrel so at current levels 365 x (74$-31$) x 2800 = 43 000 000$ yearly = £32m profit<br />same calculation at the beginning of the year - 365 x (60$-31$) x 2750 = 29 000 000 profit = £21m profit<br /><br />if they paid out £21m-32m profits in dividend it would be 42%-64% dividend. <br /><br />Not accounting for 25% dillution <br /><br />
It's no news. Market is big, there are sellers as well as buyers. We don't know their target, background and reasoning. I doubt they know anything we don't. And I wouldn't bet short on growth company.