Africa Oil Corp.

AOI-T

Analysis and Opinions about AOI-T

Signal
Opinion
Expert
TOP PICK
TOP PICK
November 6, 2019
Oil and Africa are both out of favour, so that's why he likes AOI. There's a LOT of political risk here, Kenya, but a billion barrels were discovered her which will reach markets in 2-3 years. They just did a $1.6 billion acquisition offshore Nigeria. A contrarian play. Be patient with this and avoid the headlines. (Analysts’ price target is $1.96)
Africa Oil Corp. (AOI-T)
November 6, 2019
Oil and Africa are both out of favour, so that's why he likes AOI. There's a LOT of political risk here, Kenya, but a billion barrels were discovered her which will reach markets in 2-3 years. They just did a $1.6 billion acquisition offshore Nigeria. A contrarian play. Be patient with this and avoid the headlines. (Analysts’ price target is $1.96)
Rick Rule
Pres. & CEO, Sprott USA
Price
$1.380
Owned
Yes
COMMENT
COMMENT
December 16, 2013

Had a Short position on this for a while. Located in Kenya, Ethiopia and Somalia. Shorted this because it is a new basin so there is a question of valuation and tends to be a bit too frothy expectation. It will take them a while to deliver any meaningful production, possibly 2018, at the earliest. Thinks there could be significant weakness in the share price going ahead.

Africa Oil Corp. (AOI-T)
December 16, 2013

Had a Short position on this for a while. Located in Kenya, Ethiopia and Somalia. Shorted this because it is a new basin so there is a question of valuation and tends to be a bit too frothy expectation. It will take them a while to deliver any meaningful production, possibly 2018, at the earliest. Thinks there could be significant weakness in the share price going ahead.

Jerome Hass
Portfolio Manager, Lightwater Partners
Price
$8.460
Owned
Yes
HOLD
HOLD
November 19, 2013

They did what they said they would do. Crazy big wells. There is no infrastructure near these wells. The stock could double, but there is political risk and no infrastructure.

Africa Oil Corp. (AOI-T)
November 19, 2013

They did what they said they would do. Crazy big wells. There is no infrastructure near these wells. The stock could double, but there is political risk and no infrastructure.

Bill Harris, CFA
Portfolio Manager, Avenue Investment Management
Price
$9.090
Owned
Unknown
SHORT
SHORT
September 18, 2013

Based in Kenya and South Sudan. Drilling expensive wells. Spent a lot of money. You won’t see production until 2020-2022. He is short but would buy on positive news.

Africa Oil Corp. (AOI-T)
September 18, 2013

Based in Kenya and South Sudan. Drilling expensive wells. Spent a lot of money. You won’t see production until 2020-2022. He is short but would buy on positive news.

Jerome Hass
Portfolio Manager, Lightwater Partners
Price
$8.120
Owned
Yes
BUY
BUY
July 30, 2012

Have been some major discoveries hear their area. The hit more water than they expected to. Longer term this is probably a very good story. People are taking a breather. Not a bad entry point.

Have been some major discoveries hear their area. The hit more water than they expected to. Longer term this is probably a very good story. People are taking a breather. Not a bad entry point.

Peter Imhof
Vice President & Portfolio Manager, AGF Investments Inc
Price
$7.430
Owned
Yes
DON'T BUY
DON'T BUY
June 10, 2010
Not many riskier places in the world to be in.
Not many riskier places in the world to be in.
Eric Nuttall
Partner & Senior Portfolio Manager, Ninepoint Partners
Price
$1.210
Owned
No
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