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rjm77me
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rjm77me's Blog : HUSA - What a valuation = SELL

Date March 15, 2010  Edited: March 15, 2010    Comments Comments (6)    Rate this post Recommend This Post (56)   
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All the info from yahoo as of March 15, 2010
http://finance.yahoo.com/q/ks?s=HUSA

Full Time Employees: 3
The company also holds interests in producing wells in Plaquemines Parish, Louisiana; Matagorda County, Texas; and Ellis County, Oklahoma. As of December 31, 2008, its net proved and proved developed reserves consisted of 211,475 barrels of oil in South America and 1,941 barrels of oil in North America. The company was founded in 1981 and is based in Houston, Texas. = Means oil net worth is give or take under $10 million
Market Cap (intraday)5: 398.16M
Enterprise Value (15-Mar-10)3: 370.78M
Trailing P/E (ttm, intraday): N/A
Forward P/E (fye 31-Dec-10) 1: 94.80
PEG Ratio (5 yr expected): N/A
Price/Sales (ttm): 62.70
Price/Book (mrq): 18.70
Enterprise Value/Revenue (ttm)3: 61.92
Enterprise Value/EBITDA (ttm)3: 5.90K
Revenue (ttm): 5.99M
Revenue Per Share (ttm): 0.213
Qtrly Revenue Growth (yoy): 2.30%
Gross Profit (ttm): 7.26M
EBITDA (ttm): 62.90K
Net Income Avl to Common (ttm): -5.34M
Diluted EPS (ttm): -0.19
Qtrly Earnings Growth (yoy): -46.30%


Balance Sheet
Total Cash (mrq): 4.71M
Total Cash Per Share (mrq): 0.168
Total Debt (mrq): 0
Total Debt/Equity (mrq): N/A
Current Ratio (mrq): 102.965
Book Value Per Share (mrq): 0.717


Cash Flow Statement
Operating Cash Flow (ttm): 177.43K
Levered Free Cash Flow (ttm): -3.19M

Net Income Applicable To Common Shares, All numbers in thousands $429 $112 ($1,478) ($4,405)

They are talking about some oil in columbia which has not been drilled so far or i couldnot find a news which says so- what can justa whiff of future can do for a comapany
AM I MISSING SOME GOLDEN NUGGETS ABOUT VALUATION FOR COMPANY??
Tags : HUSA   IOC  

6 Comment(s):

Author JaiH     Date March 15, 2010 16:40 Abuse this post Report Abuse
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Read the following link before you short it
http://www.zacks.com/research/get_news.php?id=070u3044&t=HUSA
Author rjm77me     Date March 15, 2010 18:18  Edited: March 15, 2010 by rjm77me Abuse this post Report Abuse
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Has too much speculation to be even considered a buy here - Company;s valuation far exceed the stuff in ground. They own only 25% share which this report does not mention. This is how Ponzi schemes are created. Do they have money to drill? What are they waiting for?
Author JaiH     Date March 16, 2010 04:27 Abuse this post Report Abuse
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It has a zacks rank of 2, which means buy. I only buy Zacks rank 1 stocks, so I wouldn't buy it but I wont short it either.
Author rjm77me     Date March 16, 2010 15:09 Abuse this post Report Abuse
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This is also sitting in some far off corner and part of pump and dump. They have under 50 gas stations. Average company like MRO or XOM has more gas station just in NY, NY city.
InterOil: Clarification on today's drilling update (65.42 -3.16) -Update-

In our 6:02 headline we reported IOC's Antelope-2 well will need to be re-drilled, when in fact the 90 degree angle build section of the Antelope-2 well will need to be re-drilled. As mentioned earlier, the co announced that due to mechanical issues encountered while running a 5 1/2" liner, the 90 degree angle build section of the Antelope-2 well will need to be re-drilled. The mechanical failure was detected after the casing was set. Remedial work will be required and the Company now anticipates the horizontal extension at Antelope-2 to be completed in late-April...
Author rjm77me     Date April 7, 2010 18:17 Abuse this post Report Abuse
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What a statement?
Houston American Energy addresses stock trading volume and price; "attributable to an internet posting questioning the valuation of the company's holdings" (15.35 -4.99)

Co advised that the jump in trading volume appeared to be attributable to an internet posting questioning the valuation of the company's holdings and inferring that the company is "Set Up for Collapse." Mr. John Terwilliger, President and Chairman of Houston American, stated, "We have reviewed the internet postings in question and believe they mischaracterize our company, our management team and the very nature of our operations." "Any inference that our company is set up for collapse is unwarranted and outrageous. We have no debt and operate with a lean overhead structure. This is consistent with our goal to identify attractive opportunities to profit alongside larger operators without having to carry the overhead of such operators. In addition, it should be noted that Houston American Energy is not a party to any litigation, nor is it aware of any threatened litigation."
Author rjm77me     Date April 7, 2010 19:15 Abuse this post Report Abuse
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http://houston.citybizlist.com/YourCitybizNews/detail.aspx?id=73428
Please read the link if you own the stock - worth reading
I do not own any stock of HUSA - long or short at this time
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