Showing posts with label Coalbed Methane. Show all posts
Showing posts with label Coalbed Methane. Show all posts

Wednesday, July 18, 2007

BPI Energy Holdings Inc.

BPI Energy Holdings Inc. is an AMEX listed security that has been trading in a range between $0.45 and $1.65 over the past year. With 72,524,490 shares outstanding, a recent price of $0.70 gives a total market capitalization of $50,767,142. While there are certainly larger companies, BPI Energy Holdings Inc. has definitely earned its place in the pack. Last year, BPI Energy Holdings Inc. created $-0.12 in earnings for every share outstanding.

BPI Energy Holdings Inc. is currently priced by the market at 0.00 times last year’s earnings. Many trading multiples around the world are quite attractive these days, but don’t be fooled. A Price to Earnings ratio of 0 simply means that the security didn’t make any money last year.

With a share price under $50 a share and earnings per share below $1 a share, BPI Energy Holdings Inc. is unlikely to be an interesting value proposition.

Sunday, July 15, 2007

Galaxy Energy Corporation

Galaxy Energy Corporation is an AMEX listed security that has been trading in a range between $0.10 and $0.74 over the past year. With 83,681,970 shares outstanding, a recent price of $0.12 gives a total market capitalization of $9,958,155. While there are certainly larger companies, Galaxy Energy Corporation has definitely earned its place in the pack. Last year, Galaxy Energy Corporation created $-0.32 in earnings for every share outstanding.

Galaxy Energy Corporation is currently priced by the market at 0.00 times last year’s earnings. Many trading multiples around the world are quite attractive these days, but don’t be fooled. A Price to Earnings ratio of 0 simply means that the security didn’t make any money last year.

With a share price under $50 a share and earnings per share below $1 a share, Galaxy Energy Corporation is unlikely to be an interesting value proposition.