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Awilco Drilling (AWDR) - Seeking Alpha article gets everyone a little over excited

28/10/2013 · Awilco Drilling (AWDR) 

An article on Seeking Alpha on Thursday 24th October with the headline “Awilco Drilling Is the World's Most Undervalued Company” got everyone excited about the high yielding Oslo listed driller, boosting the shares 14% on Friday. The discussion on the Seeking Alpha for such a small stock was unprecedented and resulted in a follow up response from another contributor with the headline “Why Awilco Is Not A Slam-Dunk Investment”.

Leading Norwegian broker Fearnley Securities who really is an expert in this area has now jumped in commenting that the valuation in now getting frisky and it’s time for a breather
Fearnley stated that while the UK market is strong and AWDR’s operations and cash flow yield solid the current price of NOK 135 is becoming excessive. The dividend yield of 17.5% (it was 20% on Thursday!) reflects the 2 rig risk of the…

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Awilco Drilling (AWDR) - Seeking Alpha article gets everyone a little over excited

28/10/2013 · Company Insights
An article on Seeking Alpha on Thursday 24th October with the headline “Awilco Drilling Is the…

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