Member Info for Sm66

The more you look, the more you find.

Net asset value per share is $1.88 or 148p

He’s worse than hunkyboyo

Approximately $6 billion of extractable gas

80% profit margin

Positive FCF

RNS last week supporting the SP and stating undervalued.

All fact,

With considerable change

After a little research I’ve found that 1 trillion cubic feet of gas is worth approximately $3 billion so 1.9 TCF a tad under $6B

https://www.quora.com/How-much-is-a-1-trillion-cubic-feet-of-natural-gas-worth

For those that don’t know

1.9 TCF means 1.9 trillion cubic feet of gas which is quite a lot

Although, I will take some joy from the shorts getting a beating

Yorkshire

There’s no denying POFCY is up over 1100% in the USA and the bond is also heading up. Seems a tad cruel for British traders if they announce substantial news whilst suspended from trading after last appalling RNS.

I sold out after many years as D4E etc looked catastrophic.

Anyone who held on to the bitter end, well done, I didn’t have the balls.

JW

What is your game here

You keep repeating debt mountain etc when net assets/equity are $343milion

There are no declared shorts

The business makes money

You literally make no sense.

Top tip for you, have a look at the fundamentals,

Paddi

All the best and hope this works out.

The numbers do add up to a very undervalued profit making business m. Sadly unlike PFC. who knows what will happen there, looking increasingly insolvent sadly.

Sm

JW

Actually, the balance sheet looks superb

Total equity, profit margin, etc etc and to top it off, it’s very stable. Perhaps read the financial statements before spouting

I’ve lost an uncomfortable amount in PFC over the past few years. I’ve also made some along the way ie: when the first Tennet deal was announced.

Anyway, I’ve been doing well with a firm called Indus Gas which has net assets of $343m profit margin circa 80% and has been stable in revenue and profit for several years, more recently AXA sold out, apparently to improve their image by not investing in fossil fuels, as the free float is very low this action had a huge impact on the SP. The company issued an RNS on Friday supporting the business and its up today some 30%+ but still at 17.4p from 75p 1 month ago a recently 150p. I think it’s a decent opportunity to recoup some losses and it’s working for me right now.

Don’t take my word for it, look them up and see the assets/profit versus Mcap, it really does look severely undervalued.

GLA and as ever DYOR

People can pump and dump as much as they like, at least it suggests they’re invested. Indus has only just come on the radar in the past couple of weeks, it has a way to go yet IMHO.

I’m not here because I know a great deal about the business, I’m here because the fundamentals are so strong DYOR guys

Well well Dr

Seems your diagnosis was wrong!

Tucker went up to 17.4 at the close

Infact

The profit is more than the current Mcap

Net assets $340million

This is beyond undervalued and frankly amazing how it’s flown under the radar for so long.

Bellamy

Are you related to hunkyboyo?

Last financial statement clearly says net assets $343 million

Are you mad or just trying to be annoying

The reason for the drop has been highlighted many times , AXA sold out in an attempt to clean up its image, ie: moving out of fossil fuels. Very small float as most shares are held by management.

Itsagame

Net assets as of March 23 343m and showing a steady increase from 249m over 5 years, revenue steady, profit margin also high and steady. The issue seems to simply be the free float and AXA selling up to clear out of fossil fuels. The company doesn’t seem to communicate well with shareholders looking at the lack of RNS’s but Fridays update was a welcome change. True value is most likely north of 100p IMHO

Steve626

Perhaps you need a different trading platform, I got 64k at 15.2 just after it came out of auction on IG with no problems

It’s best to block him, he’s a revolting idiot.

I wrongly reduced yesterday morning but still have a few shares. May buy back in but my feeling is Mondays open could be severe, it’s only going up from here, severely undervalued business.