SHE 0.00% 0.8¢ stonehorse energy limited

Update of estimate of metrics for “Stonehorse energy” SHE upon...

  1. 2,278 Posts.
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    Update of estimate of metrics for “Stonehorse energy” SHE upon reading quarterly report.

    Revenue from USA current wells only.Revenueper month $USDRevenueper month $AUDRevenue peryear AUD
    1USJewel123,000184,5002,214,000
    2USother wells147,000220,5002,646,000
    3Total

    405,0004,860,000
    .
    quartermonthyear
    1Net gain from continuing operations 780,000260,0003,120,000
    .
    https://hotcopper.com.au/data/attachments/5231/5231531-d6d42250737adae3d40b938d1f5c42f8.jpg
    .
    Enterprise value including BRK shares
    # shares684,435,083
    share price 31/3/20230.015
    Market Cap10,266,526
    Cash + BRK Shares11,615,000
    Enterprise value ( MarketCap - Cash - BRK shares)-1,348,474
    • This is ignoring current oil & gas producing wells FUTURE cash flows.
    • This is ignoring current revenue and future cash flows non USA Wells
    • This is ignoring future 30% return on loans made for Canadian Thermal oil wells
    • This is ignoring past Fantastic ROI and revenue growth and profit growth.


    I guess the unexciting un-sexy but profitable revenue streams are not currently exciting the market.

    And the share price goes to negative enterprise value.

    Was it not P.Ly_ch and W.Buffe_ said they lookfor unexciting e stocks that are actually accumulating wealth.

    SHE is currently in negative enterprise value territory which in my view makes it a low risk fantastic bargain.

    A method of valuing companies is via the future discounted cash flow model, where future cash flows are summed up into the future, and a lot of a company market cap is taken not from current cash but from future projections of cash flow.
    Even ignoring this future cash flow SHE is very much undervalued.
    Simply wall street estimate of fair value share price for SHE is .55 using DCF (discounted cash forecast) which is 3600% higher than now.

    This quarterly is within expectation and its a plus that they are exploring other future revenue stream and have given a date for re stimulation of Australian wells.
 
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