thinkpool

Roxi: Buy On Weakness? 

A highly speculative trade, the shares of this Kazakhstan-based oil and gas explorer, which has a market cap of £100m, have been on their way down since 9 June when they closed at 18p. In spite of a 40% drop since, they are still up 16% this year and they currently trade at 10.8p. 

Its shares shrugged off volatility for oil-related investments until early June (recording a +70% performance from 2 January to 8 June), but a recent drop in oil prices and business-related news put more pressure on the market value of a firm that, quite simply, offers plenty of uncertainty with regard to its drilling programme. 

We are almost blind on financials and projections, too. That said, its funding needs are not prohibitive and are covered, while expectations are high for its flagship BNG asset.

Finally, its management team deserves trust based on its track record, in my view. 

지난 7월 30날, 구글 파이낸스에 게재된 록시에 대한 영국 애널의 평입니다.

제목에서 알 수 있듯이 본인은 매수의견을 냄과 동시에 현 시점을 약점(저점), 즉 weakness로 보네요.

록시 주가는 지난 6월 9일 이래로 약 40프로의 손실을 기록중이지만 연초 대비 여전히 16% 상승하였네요.

40프로의 손실을 기록한 이유를 몇 가지 드는데, 그 중의 하나가 drilling programme의 불확실성으로 지적합니다.
(시간이 해결해 주리라 믿습니다)

어쨌든 결론적으로 애널은 BNG자산에 대한 높은 기대를 갖고 있습니다.

수고하세요.