Replies to post #82 on Rival Energy Ltd (fka rgylf)

[nutsaboutgolf2001]

The problem is the estimated financials change almost daily - natural gas prices (futures) were up 85 cents today and most of that came at the end of the day. A dollar higher natural gas price should add an additional 2 cents to quarterly earnings and 3 cents to quarterly cash flow. At eight times earnings that could add 64 cents to the fair market price (2 cents x 4 quarters x 8 PE). At four times cash flow that would potentially add 48 cents to the fair market price. So while RGY.V was up 20 cents today, the fair market price has probably increased even further and yes you had better hope for some unseasonally mild weather if you are hoping to buy it at less than today's closing price. Good luck.