Anyone know whats up with Amersiur Resources ?

Friday, Jul 14 2017 by
3


Hi any thoughts on this one I know oil is down by all counts stock overhang but seems in permanent down-trend.

Forecasts are for a swing back into profit next year and has decent net cash understand also the famous pipeline is not currently handling the amount of oil expected which isn't helping.

Any other thoughts appreciated.


Disclaimer:  

As per our Terms of Use, Stockopedia is a financial news & data site, discussion forum and content aggregator. Our site should be used for educational & informational purposes only. We do not provide investment advice, recommendations or views as to whether an investment or strategy is suited to the investment needs of a specific individual. You should make your own decisions and seek independent professional advice before doing so. The author may own shares in any companies discussed, all opinions are his/her own & are general/impersonal. Remember: Shares can go down as well as up. Past performance is not a guide to future performance & investors may not get back the amount invested.


Do you like this Post?
Yes
No
3 thumbs up
0 thumbs down
Share this post with friends



Amerisur Resources plc is an independent full-cycle oil and gas company. The Company's principal activity is investing in oil and gas exploration and development in South America, principally in Paraguay and Colombia. It operates through oil exploration and development segment. It operates in Colombia, Paraguay and the United Kingdom. In Colombia, it is an operator and has interest in the Platanillo block, which includes the Platanillo field, an approximately 11,341-hectare block located in the Putumayo Basin. It has interests in block Put-12, which is adjacent to Platanillo. It also has interest in Put-30, an approximately 38,514-hectare block. In addition, the Company has an interest in the CPO-5 contract, located in the Llanos basin and a working interest in the Tacacho contract, located in the Caguan-Putumayo basin. In Paraguay, it owns over 5.2 million hectares covering approximately five oil and gas permits in the Paraguayan part of the Chaco and Parana Basins. more »

LSE Price
19p
Change
-2.6%
Mkt Cap (£m)
230.5
P/E (fwd)
5.3
Yield (fwd)
n/a



  Is Amerisur Resources fundamentally strong or weak? Find out More »


3 Posts on this Thread show/hide all

aflash 14th Jul 1 of 3
2

Can not explain.
My last girlfriend is Columbian. Talking to her and her two children and following the news I learned how wild the place is. Pipeline could easily be bombed.
With this background I have traded the shares at least four times over the past two years, never trusting a long hold or large amounts. I buy around 22p and have sold at 21 for a loss and 25, 27 and 29 for profit. Recently back in and showing a loss like you.
According to Malcolm Graham Wood the company is well run and has plenty of ressources. Stockopedia does not help with Junior Ressource stocks much except during the Oil crash it showed Dragon Oil DGO as strong so I bought and it was taken over.
This time it shows AMER has more value than AEN but less than PPC, two other South American Oilies I follow.
It gives AMER a slightly better quality rank.
Another data base I use shows AMER has more value than AEN and PPC.
So I shall hold.
If I buy more it will only be to catch an intraday Lo and sell on the bounce.

| Link | Share
ajbowden 15th Aug 2 of 3
1

This company Amerisur Resources (LON:AMER) has a serious communication problem.
Its took the BOD several weeks to report thats its main Platanillo field was shut down due to social unrest.
How much trust can you have in them after that ?
These small oilers can alway drift even lower no matter how bombed out they appear on the surface.
Agreed that they appear to have limited debts and decent cash flow but as outlined by aflash they are limited due to dependenace on OBA pipeline for exporting their oil at commercial rates. The governament are trying to takeownership of the pipeline company by backdoor means of limiting its operation.
I don't hold.

| Link | Share
LongValue 27th Sep 3 of 3
1

The impression I have is that the stock has turned a corner since it announced its interim results on Monday. Apparently, production is now running at some 6000 BOPD. The OBA has reduced operating costs from US$27.2 per barrel to US$17.7. At 7000 BOPD this is expected to go down even further to US$15. It's also targeting between 176 MMBO and 226MMBO in a fully funded drilling programme in areas it knows well and where it has had considerable exploration success. Tellingly, it is also about to install a third pump that will give it a capacity to put up to 28800 BOPD through the OBA. I suspect the market is now factoring in what it's actually doing rather than what it has been planning to do.

| Link | Share

What's your view on this thread? Log In to Comment Now

You can track all @StockoChat comments via Twitter




Stock Picking Tutorial Centre


Related Content
Under the Radar and Under Rated
Under the Radar and Under Rated
Amerisur Resources 7th Sep

Malcys Oil Report  AMER PANR
Malcy's Oil Report - AMER, PANR
Amerisur Resources 6th Nov '15

Malcys Oil Report  AMER COP EME
Malcy's Oil Report - AMER, COP, EME
Amerisur Resources 13th Oct '15

Russian Banks
Russian Banks
Financials Thu 6:22am



Let’s get you setup so you get the most out of our service
Done, Let's add some stocks
Brilliant - You've created a folio! Now let's add some stocks to it.

  • Apple (AAPL)

  • Shell (RDSA)

  • Twitter (TWTR)

  • Volkswagon AG (VOK)

  • McDonalds (MCD)

  • Vodafone (VOD)

  • Barratt Homes (BDEV)

  • Microsoft (MSFT)

  • Tesco (TSCO)
Save and show me my analysis