Opinions

John Clarke Centurion Energy International CUX-T TOP PICK Apr 26, 2004

Good management. The drilling program of 23 wells over the next 1 1/2 years is driving this stock. The risk/reward is compelling.

John Clarke

Owned

Unlock Rating

$3.150

Stock price when the opinion was issued

oil gas

It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

Get Signals Create your Watchlist

You might be interested:

DON'T BUY

Drilled some dry holes and there is some worthy now that if they drill a couple of more, then Shell International would pull out of the project.

WAIT

Has dropped because of 3 dry and abandoned wells. Going to try and get bigger, stronger casings that can handle the pressures. Going to restart in Q1. With their 32,000 BOE's a day should do about $1.35 annualized cash flow. Under $6, it is very cheap. Buy in Q4 of 06.

HOLD

For a prospective development, it looks very promising. Doesn't follow closely but isn't a big fan of foreign entities.

HOLD

Starting to improve again. It has to come with bigger and better results. Will have to share a light of its production with the Egyptian government.

HOLD

Changed the operating chief. Not a favourite buy at the moment.

BUY

The company has had execution problems. If they can overcome these problems there will be an upside. At $7.00 it is a buy and he recommends buying it. Target price is $15.00.

SELL

Normally, the stock would trade at $12.25 if the market thought there was a chance of another offer. Feels there’s a very low chance of another offer.

PAST TOP PICK

(A Top Pick Nov 11/05. Up 13.8%.) Being acquired at $12, which is a fair bid.

HOLD

Gas in Egypt. Has gone through a troubled time. There is reasonable speculation going on that there might be someone else to make a bid.

PAST TOP PICK

(A Top Pick Jan 11/06. Down 4.8%.) Has been acquired.

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.

John Clarke Centurion Energy International CUX-T TOP PICK Apr 26, 2004

You might be interested:

Centurion Energy International(CUX-T)

Centurion Energy International(CUX-T)

Centurion Energy International(CUX-T)

Centurion Energy International(CUX-T)

Centurion Energy International(CUX-T)

Centurion Energy International(CUX-T)

Centurion Energy International(CUX-T)

Centurion Energy International(CUX-T)

Centurion Energy International(CUX-T)

Centurion Energy International(CUX-T)

Latest Buy Signals

Today's Top Picks

Popular Articles

Latest Sell Signals

Most Recent Experts

Brendan Caldwell

The Panic-Proof Portfolio (Stockchase Research)

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase Insights

Jim Cramer - Mad Money