very cheap - great upside , page-4

Android
Roc is very highly leveraged to oil price due to high production numbers. roc is a biggish producer in the mid cap space and it's funding some big developments through cash flow. Although I dont expect net cash to grow much this year due to malaysian inv and Beibu drilling , what we have is a business that will generate ridiculous cash flow from 2013 out. The malaysian cash will start coming back with interest and the Beibu production along with current production will generate very big numbers. There will be periods were Rocs cash accumulation will be very substantial. The secret is to not only look at current cash , but what the cash flow is being used for. In Rocs case it is being used to generate even more cash over the next few years
From mid 2013 when Beibu prod should be ramming up free cash flow could be as high very high indeed - and that is without assuming a higher oil price