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)
Show full opinionHide full opinion
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)
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.

Show full opinionHide full opinion
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.

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.

Show full opinionHide full opinion
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.

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.

Show full opinionHide full opinion
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.

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.

Show full opinionHide full opinion

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.

DON'T BUY
DON'T BUY
June 10, 2010
Not many riskier places in the world to be in.
Show full opinionHide full opinion
Not many riskier places in the world to be in.
Showing 1 to 6 of 6 entries
  • «
  • 1
  • »