Replies to post #474 on Tandem Energy Holdings (fka TDYH)

[starboy]

Oy vey. Are your serious beigledog? Are we that much in the sheeter? Doubloon alert, indeed. Gone off to vacation and now we are not sure of valuation?

Well, I did my part with a total of 3 faxes, to the point and with encouragement to give us more facts. At least got this PR out of it.
Keep me apprised, you guys who work the numbers on this company.

[beigledog]

I'm chaning my mind on being fairly valued. I'm not totally sure about this, but I think APA could be a good comparison as far as businesses. They are currently trading at 3.57x sales. For TDYH, that would be a $3.21 share price.

Any comments? I'd love to be wrong about the whole .90 per share in revenues. From that PR about $1.50 EBITDA per share, revenues per share would have to be at least $2!

[Starshine]

We have to be missing something here. I got the same computation you did and said "huh?" It doesn't come anywhere near the earnings/projections from the April release and oil is up how much per barrel since then? Something's missing.

[Jagman]

beigledog, I'm also hoping for growth once they get their chit together. New wells and maybe new fields. Field depletion will also be a factor, new wells need to overcome old well depletion plus add more product. I was really disappointed with the pps move on the news today and it may be near year end for really substantial news. I feel like I jumped in this too soon, down over half right now and not comfortable with throwing more money in the pot at this point.