Ithaca Energy Inc.

IAE-T

0.00
0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about IAE-T

Signal
Opinion
Expert
BUY
BUY
May 30, 2012
He thought they would accept a bid. Likes company and management. They make a pretty good case for why they did not sell it. He bought more yesterday. Very well run company. Give it a couple of years.
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He thought they would accept a bid. Likes company and management. They make a pretty good case for why they did not sell it. He bought more yesterday. Very well run company. Give it a couple of years.
SELL
SELL
May 7, 2012
If he owned this, he would be looking to go elsewhere. Because of seasonality though, he would not go into another energy stock.
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If he owned this, he would be looking to go elsewhere. Because of seasonality though, he would not go into another energy stock.
HOLD
HOLD
(Market Call Minute.)
SELL
SELL
April 5, 2012
If there is no takeover, the price could drop to $2. To try and make $.30 or to lose $1.10, he doesn't like the trade-off.
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If there is no takeover, the price could drop to $2. To try and make $.30 or to lose $1.10, he doesn't like the trade-off.
HOLD
HOLD
March 30, 2012
Currently in play and we are 6 to 8 weeks away as a guess. The NAV by his estimate is about $3.60 which would still give you 16%-18% upside in a short time frame.
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Currently in play and we are 6 to 8 weeks away as a guess. The NAV by his estimate is about $3.60 which would still give you 16%-18% upside in a short time frame.
BUY
BUY
March 22, 2012
Likes it. Management did a good job recently. OK government report indicates that smaller companies like this one will benefit. Can buy a Canadian stock and participate in the world.
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Likes it. Management did a good job recently. OK government report indicates that smaller companies like this one will benefit. Can buy a Canadian stock and participate in the world.
BUY
BUY
March 19, 2012
3 firms circling to take it over thinks takeover will be 3.50 or higher.
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3 firms circling to take it over thinks takeover will be 3.50 or higher.
BUY
BUY
March 19, 2012
Received a takeover bid from multiple parties. We have to wait for year-end results and reserve reports. Sits on a tremendous amount of tax losses. Fair value of stock is $3.50, so you have descent upside. It seems it will get taken out.
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Received a takeover bid from multiple parties. We have to wait for year-end results and reserve reports. Sits on a tremendous amount of tax losses. Fair value of stock is $3.50, so you have descent upside. It seems it will get taken out.
HOLD
HOLD
March 5, 2012
He missed the boat on this one. Think it will be taken out and will probably be higher than the current price of $3.15. Think it will come to a conclusion in the next 90 days.
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He missed the boat on this one. Think it will be taken out and will probably be higher than the current price of $3.15. Think it will come to a conclusion in the next 90 days.
HOLD
HOLD
February 24, 2012
Exclusively focused in the North Sea and the company is projecting 20,000 barrels a day by the end of 2013. There is an offer out for this one and he thinks they are soliciting bids from other parties. Expect the company will be sold in the range of $3.25-$3.50.
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Ithaca Energy Inc. (IAE-T)
February 24, 2012
Exclusively focused in the North Sea and the company is projecting 20,000 barrels a day by the end of 2013. There is an offer out for this one and he thinks they are soliciting bids from other parties. Expect the company will be sold in the range of $3.25-$3.50.
HOLD
HOLD
February 13, 2012
Recently had a bid but no details have been released. An attractive company that will receive other bids. Has good growth in its own right. $3.25 or a little higher would be a reasonable takeout bid.
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Ithaca Energy Inc. (IAE-T)
February 13, 2012
Recently had a bid but no details have been released. An attractive company that will receive other bids. Has good growth in its own right. $3.25 or a little higher would be a reasonable takeout bid.
HOLD
HOLD
February 9, 2012
Has had an unnamed offer for $3 but he would be tempted to continue to hold. Doesn't think they will accept this offer so either the offeror will up the bid or another bidder might enter the fray. His target on this has been $4. It is a huge increase in production coming from 5000 to about 25,000 barrels a day over the next 18 months.
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Ithaca Energy Inc. (IAE-T)
February 9, 2012
Has had an unnamed offer for $3 but he would be tempted to continue to hold. Doesn't think they will accept this offer so either the offeror will up the bid or another bidder might enter the fray. His target on this has been $4. It is a huge increase in production coming from 5000 to about 25,000 barrels a day over the next 18 months.
HOLD
HOLD
February 3, 2012
Company is expected to have decent earnings growth in future. Bringing on new fields in the North Sea and the UK. This would be of interest to about 5 potential buyers so he would continue to hold. Trading at about 8X PE.
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Ithaca Energy Inc. (IAE-T)
February 3, 2012
Company is expected to have decent earnings growth in future. Bringing on new fields in the North Sea and the UK. This would be of interest to about 5 potential buyers so he would continue to hold. Trading at about 8X PE.
SELL
SELL
January 24, 2012
(Market Call Minute) Be careful. Close to fair value. Sell to take profits, 10% upside remains.
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Ithaca Energy Inc. (IAE-T)
January 24, 2012
(Market Call Minute) Be careful. Close to fair value. Sell to take profits, 10% upside remains.
BUY WEAKNESS
BUY WEAKNESS
January 13, 2012
North Sea drilling. Canadian company, virtually name only. While their NAV is well through $3, they've had a number of delays. Particularly they’re waiting on a ship coming out of Dubai that has to pass through Straits of Hormuz. The longer this takes, they lose $.05 a share of cash flow from the new Athena. On the positive side, they’re producing at the rate of 5000 barrels a day. Athena will get them up to about 10,000. Would buy this one under $2 and sell it close to $2.75-$3.
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Ithaca Energy Inc. (IAE-T)
January 13, 2012
North Sea drilling. Canadian company, virtually name only. While their NAV is well through $3, they've had a number of delays. Particularly they’re waiting on a ship coming out of Dubai that has to pass through Straits of Hormuz. The longer this takes, they lose $.05 a share of cash flow from the new Athena. On the positive side, they’re producing at the rate of 5000 barrels a day. Athena will get them up to about 10,000. Would buy this one under $2 and sell it close to $2.75-$3.
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