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Theres rumor of an equity analyst upgrading this stock. Heres what he
wrote: I work for an oil and gas equity research fund. We look at a lot of small cap companies like AAPH. We generally dont put price targets on any companies without significant reserves but after the press release yesterday re: the Rooney project we've started our analysis. We havent released any results, but we're looking at a 12 month price tgt between $2.85 - $3.45 We still need more info re: potential revenues to be more precise |
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$AAPH Commences Operations to Drill Next Well in Reservoir Development Program at Rooney American Petro-Hunter Commences Operations to Drill Next Well in Reservoir Development Program at Rooney, Kansas - Yahoo! Finance
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This is a great and straightforward piece on why AAPH is going to explode!! This company has so much long term potential
Check out the report http://www.marketadvisorsinc.com/images/AAPH-b.pdf |
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This story has been getting a lot of press lately, heres a great video on their oil discovery at Rooney
YouTube - AAPH American Petro Hunter Discovers 3 Million Barrels of Oil! |
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I cant believe I missed this...
The Cohen Research report also gave American Petro-Hunter, Inc. a BUY rating with a 12 month price target at $3.07, representing over a 300% increase over today's trading price. |
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So I did some work over the weekend and here what I think:
Even if they only discover half of what they anticipate on finding which is about $25 mil worth of oil, so lets say they only make $12.5 million, apply a very conservative 1 times revenue multiple to that, and your increasing market cap by $1...2.5 million. Current mkt cap = $20.5 million + $12.5 million divided by 23.75 million shares outstanding, equal a PPS of $1.39 |
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