Energy Assets Group plc EAS

March 14, 2015 - 8:56pm EST by

member

						2015	2016
Price:		458.00		EPS		22	0
Shares Out. (in M):		28		P/E		21x	0
Market Cap (in $M):		185		P/FCF		14x	0
Net Debt (in $M):		115		EBIT		18	0
TEV (in $M):		300		TEV/EBIT		17x	0

Description

Sign up or Log In

Sign up for free guest access to view investment ideas with a 45-day delay and read the full report.

Log in to read the full report.

show sort by

You are not eligible to view 4 messages. To gain access to more recent message posts signup free for membership.

#	AUTHOR DATE SUBJECT
13	member 6/10/08 9:08PM RE: RE: RE: comments
We like the bonds of DSL, but their failure to pull back and mitigate damage until recently makes the equity quite dicey. view available tags
11	member 6/10/08 6:57PM RE: RE: comments
Fed funds don't have too much of an effect on them. They matter, but overwhelmed by other issues. view available tags
10	member 6/10/08 6:55PM RE: comments
Pulling back in 05 was a conscious decision, maybe they should have done more. WB, CFC, WM, LEH, BSC, AHM kept churning out option ARMs in 06-07, and those securitized deals are disasters.Relative to... login to read the rest view available tags
9	member 6/10/08 6:27PM RE: RE: RE: cumulative losses
My base case is for $1,000mm in defaults on the $4.5b resi portfolio, at 40% severity that is $400mm in cum losses. They have $250mm in loan loss reserves and are earning a pretax,... login to read the rest view available tags
8	member 6/09/08 1:00AM RE: comments
For what it's worth, BKUNA actually did not pull back at all during 2006 (though they were strong in Florida as opposed to California...) My question is this: how much would Fed rate hikes affect Fed? view available tags
7	member 6/05/08 8:46AM comments
i think you give mgmt way too much credit."they pulled back substantially in late 2005" - this wasnt a conscious decision, the entire market for option ARM's pulled back severely. DSL was no different."they... login to read the rest view available tags
5	member 6/04/08 1:47PM RE: RE: cumulative losses
Can you give me a dollar amount of your NPAs and cumulative losses. If defaults go to 25%, I believe these guys will definitely go to zero.Any thoughts on the Jana stake?As I understand it,... login to read the rest view available tags
4	member 6/04/08 10:34AM RE: cumulative losses
I haven't seen a disclosure of exceptions, quite low I would guess since they were selling loans to Wall St as well as keeping for portfolio. I think FED will be better than the... login to read the rest view available tags
3	member 6/04/08 10:05AM RE: severity
FED has extensive disclosue on LTVs assuming full neg am at reset. Making assumptions on HPA and expenses associated with foreclosing on a property, 40% is my blended severity over two years. They... login to read the rest view available tags

load more messages