VAALCO Energy Announces Successful Drilling of North Tchibala 2H-ST Well | TGA Message Board Posts


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Msg  11196 of 11446  at  9/27/2022 6:57:42 PM  by

rocback

The following message was updated on 9/27/2022 6:58:55 PM.

Re: VAALCO Energy Announces Successful Drilling of North Tchibala 2H-ST Well

  
 Yes, I can reverse my vote and I think I will.  In fact it will be easier than how I cast my "no" vote because I had to go through 3 brokerage houses since I have the stock split up in them.
 
I checked the proxy and all I had to do was call the 1 888 number and the proxy solicitation agent D L King will do it for me across all three brokerages.  He said they would be open until 10 PM tomorrow night.  Thursday is the meeting I think.  I confirmed with him I can do it.  Gonna sleep on it tonight and reverse my vote to yes.
 
As Alan says, if they are being straight it appears they have a better shot at ramping up production than TGA though TGA is a safer play with its % share with Egypt  going up as oil prices go down.  
 
Frankly both companies look pretty goo with EGY showing a p/e of 3 and TGA showing a P/E of 1.5 believe it or not.
 
Can you believe those low p/e's.  Some would say its a value trap but I think we will need these small oil cos for a long time.
 
 


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Msg # Subject Author Recs Date Posted
11197 Re: VAALCO Energy Announces Successful Drilling of North Tchibala 2H-ST Well Flying_trader 1 9/27/2022 7:14:38 PM




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