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Title: Triton Energy (TEZ.v) - bottom fishing opportunity? Post by: Tara on August 22, 2008, 10:50:37 AM Triton Energy (TEZ.V)
mzuber@tritonenergy.ca phone: 403-266-5541 ext. 222 www.tritonenergy.ca (http://www.tritonenergy.ca) • .05 cashflow so selling for 2X forward annualized cashflow. Also had .05 cashflow in Q1 • 500 boepd behing pipe • EPS for the latest quarter +.01$/share • market cap/boe is around 17k, based on 825 boepd • trading at the low of the year • all their flow through commitments are already met • RLI of about 5 years • NAV of approx. 1.15$/share on their latest presentation package (see www.tritonenergy.ca, investors, presentation) • recent insider trading at higher prices Triton Energy Corp. (TEZ) As of August 21st, 2008 Aug 08/08 Jul 31/08 Zuber, Michael Stephen Direct Ownership Common Shares 10 - Acquisition in the public market 1,500 $0.500 Aug 08/08 Jul 31/08 Zuber, Michael Stephen Direct Ownership Common Shares 10 - Acquisition in the public market 1,500 $0.450 Aug 08/08 Jul 31/08 Zuber, Michael Stephen Direct Ownership Common Shares 10 - Acquisition in the public market 3,000 $0.475 P.S. this post is intended only for investors who are knowledgeable in Oil & Gas, its metrics and valuation methods. Once again, this is not to be construed as investment advice, it is only my opinion and understanding of the situation. |