Lightstream

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dan_s
Posts: 37281
Joined: Fri Apr 23, 2010 8:22 am

Lightstream

Post by dan_s »

CALGARY, ALBERTA--(Marketwired - Oct 15, 2014) - Lightstream Resources Ltd. ("Lightstream") (LTS.TO) is pleased to announce that our cash dividend for the month of October will be paid on November 17, 2014 to all Lightstream shareholders of record on October 31, 2014. The October dividend will be $0.04 per Lightstream share. The ex-dividend date is October 29, 2014.

Take a look at my forecast model for Lightstream and you will see that even if WTI stays at $80/bbl (which I do not think is possible for long), Lightstream's dividends are not at risk. Recent asset sales have significantly improved their balance sheet.
Dan Steffens
Energy Prospectus Group
jsb1949
Posts: 39
Joined: Thu Oct 10, 2013 4:51 pm

Re: Lightstream

Post by jsb1949 »

Second downgrade of the week and stock is now below 3 bucks. Either going to be one of the better
come back stories or exceptionally ugly.
dan_s
Posts: 37281
Joined: Fri Apr 23, 2010 8:22 am

Re: Lightstream

Post by dan_s »

Read this > http://finance.yahoo.com/news/oil-produ ... 00954.html

I plan to take a long hard look at Lightstream after they release earnings today.
Dan Steffens
Energy Prospectus Group
jsb1949
Posts: 39
Joined: Thu Oct 10, 2013 4:51 pm

Re: Lightstream

Post by jsb1949 »

From his lips............

I'll be seriously looking forward to your latest appraisal.

Thanks Dan
Investordog
Posts: 1
Joined: Sat Apr 20, 2013 8:15 pm

Re: Lightstream

Post by Investordog »

Well hit 2.33 for 20% payout,screaming buy? or a flush ?
jsb1949
Posts: 39
Joined: Thu Oct 10, 2013 4:51 pm

Re: Lightstream

Post by jsb1949 »

I bought more this morning but obviously I don't know squat.

The ER was better than I was expecting and Swan Hills is still viable. I can
understand why this isn't 10 bucks but really have no clue why we're down here.
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