SEA sundance energy australia limited

Analyst update 18 Feb, page-6

  1. 2,558 Posts.
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    can you post the full report or is that the full report.

    just wondering if they included any financials - cheers

    they say 1.69 or  us 1.20 = market cap 820 =EV 1150  /  6 = ebitda of 190 = revenue 320 

    at 320mm need 878,000 per day @ 44$ = 20,000 boepd - not sure they make that - lets say 17,500 = sp of 98c or 1.38aud

    so i think its fair to say anywhere between 1$ and 1.30$ would be fair if one just used a basic EVebitda multiple and stating the obvious is a lot higher then 43c

    so w/out hearing some BS from Eric - small cap oilers are out of favour until oil market shows a bottom and hopefully thats around the 58-60 mark (love for it to be higher but lets start there) and more accurate guestimates of revenue can be assessed - too many things could go wrong leading to downside risks on oil price at moment and until some get squared away I dont think we gonna see to much buying in short term. The number one catlyst we going to see soon is trump Xi agreement and Asia demand or not and secondly will trump say BMWs are a national security threat to US and put tariffs on car imports then we have possible US military action on Venuezuela ( a positive), iran sanction, shale out put, OPEC cut compliance, Saudi craziness - u get the picture. But at 40c one could say theres a pretty good safety margin built in.
 
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