Dino's Bar & Grill Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Goose94 who wrote (43053)	5/2/2018 7:21:18 AM
From: Goose94	Read Replies (1) of 202988

Bonavista Energy (BNP-T) top pick from Josef Schachter on BNN.ca Market Call Tuesday May 1st @ 1200ET Bonavista reported production of 74,799 boe/d in Q4/17 (71 per cent natural gas): Up 8 per cent from 69,399 boe/d in Q4/16. In 2018m they will only grow moderately to 75,750 boe/d and use excess funds (potentially 40 per cent of cash flow) to pay down debt which was $800 million at year-end compared to equity of $1.54 billion. Book value at year-end 2017 was $6.01 per share and our conservative NAV was $4.73 per share at year end 2017. Note that cash flow per share in 2017 was $1.18 per share: not far from the current stock price. This is a very cheap stock. Also note the stock rose from $0.90 per share in Q1/16 to $5.44 per share that same year. At the peak of the last bull market in 2014, Bonavista traded at $14.98 per share. We added the stock to our Action Alert BUY list on Dec. 15 at $1.78 per share, personally purchasing our initial position on Jan. 5 at $1.89. We’ve added more shares to our holdings as the stock’s been hit. Our one-year target is $7.00 per share.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next