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LEK Lekoil Limited

0.95
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Lekoil Investors - LEK

Lekoil Investors - LEK

Share Name Share Symbol Market Stock Type
Lekoil Limited LEK London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.95 01:00:00
Open Price Low Price High Price Close Price Previous Close
0.95 0.95
more quote information »

Top Investor Posts

Top Posts
Posted at 16/5/2022 11:20 by zengas
I've had no bother buying or selling stock via Aquis. I'm not invested in LEK however only interested from a SAVE perspective.

Full list of brokers -
Posted at 22/12/2020 11:49 by nick rubens
Cheers Ianio5691, Yes the same shareholders still own the company on delisting, for now at least.

One negative difference is the trading of the company's shares won't exist and also I suspect RNS communications won't be possible either?

Unless we get a takeover offer, the ideal solution would be some kind of relisting again post EGM. Anything can happen though including administration procedures I suppose.

I've had to accept over the years that investing is really a game of Poker where sincere long term investors with the company's best interests at heart lose every time.
Posted at 09/3/2020 07:06 by tracy_moore
The doom mongers will of course like most savvy investors be buying up stocks they are bashing, there is of course the odd exception but most of us know who the serial de-rampers that are penniless trolls are.
Posted at 27/2/2020 20:52 by onceatrader
There is now evidence that the unpopular oil majors are oversold. That spells opportunity for canny investors, writes Victor Hill.
Posted at 04/2/2020 10:24 by billthebank
Lekan Akinyanmi, LEKOIL's CEO, commented, "We remain excited about the opportunities of OPL 310 and are focused on securing the necessary funding under the revised schedule. We are grateful for the support and commitment shown by our partner Optimum, the Operator of the OPL 310 License. This alignment with our partner is crucial in unlocking significant value for all our investors and stakeholders."

PATIENCE!!!! Partic as new CFO although no RNS which is bizarre
Posted at 01/2/2020 10:56 by jackjackpaul
o/t #NCYT Novacyt


WOW HUGE press this weekend.. Not only will this go mental monday but the story will run and run for some time now

£4-5 Target.. remember market cap is only £20m and they are funded...


Perfect set up for investors

News rich period, No placing, small number of shares, Momentum building, small market cap, Niche market with NCYT being market leaders, Global demand for product

NO other share on the market like this right now

No ramp intended just facts

Japanese face mask manufacturer went up 2000% recently.. What will #NCYT who are global leaders do?
Posted at 23/1/2020 08:41 by jenny tulwought
I fail to see how a significant investor dumping all their shares (especially getting rid of the whole lot), can be taken as a 'positive'. Sure, their will be fewer shares being sold, but 'the message' other 'would-be' investors might reasonably take from such action, is that the former investor, doesn't rate the company's prospects - or sees better opportunities elsewhere. Before anyone claims I'm de-ramping, I was caught-out by the fake loan issue, but still hold and added a further 10% on the dip yesterday (3.195).
Posted at 14/1/2020 09:53 by oliversanvil
London, January 14th - ADVFN NewsWire - Schroder UK Public Private Trust Plc (formerly Woodford Patient Capital Trust Plc) has seen the highest interest amongst the retail investor community on www.advfn.com since 2020 trading commenced. However, it is companies operating in the oil, gas and energy sectors (Lekoil, BP, ITM Power and Royal Dutch Shell), which dominate the top 10 spots. The construction, healthcare and defence sectors get an entry each with Galliford Try, NMC Health and Avon Rubber respectively. Perennial investor favourites Lloyds and BT Group complete the list.

By analysing data from its Follow Feed product, an artificial intelligence tool developed for active private investors, ADVFN can ascertain the most 'followed' stocks amongst its 36 million userbase.

The list of the 10 most followed UK-listed stocks so far in 2020 (in order):

Schroder UK Public Private Trust Plc - LSE:SUPP
Lekoil - LSE:LEK
Galliford Try - LSE:GFRD
BP - LSE:BP.
Lloyds - LSE:LLOY
ITM Power - LSE: ITM
NMC Health - LSE:NMC
Royal Dutch Shell - LSE:RDSB
Avon Rubber - LSE:AVON
BT Group - LSE:BT.A

[i]
Posted at 14/1/2020 09:11 by josephrobert
It might be hard to imagine but this whole debacle could have been made by a third party who wants the LEK assets. After all who else is gaining from this? I am not a fan of conspiracy theories, but it is the only thing that makes sense based on the information we have all read.

Informed investors had much greater expectations of a 20p share price last week, but have sufficient fear now that they will be conditioned to take a low bid.


Who else could gain?

Shorters?
Baron Capital Management who sold down their exposure?
The Baron on twitter who is not as altruistic as what he appears?

Someone who wants the valuable LEK assets is one that obviously gains from this. Not the CEO - the CEO has 7.8% of the shares, but also has a $1.7mUSD loan that has been rolled over once and set to expire at the end of this year.

Large scale investors will be clambering for the CEO's head - the assets are there - but they are not being developed and the CEO incentives'in the announcement on the 2nd January looked ludicrous and following over indulging with a hefty salary for many years is surely the last step. Shareholders were owed $1.7USD by the CEO - so the incentive as announced on the 2nd meant $1.7mUSD would move from the company - ie the shareholders to the CEO. No one cared at the time because on paper a lot of people doubled their money in 2 days. With the share price at these levels they certainly care now.

Without the poison pill in the bogus finance package I think they have a better chance than before.
Posted at 03/1/2020 08:07 by sleveen
Nigeria: How To Push Away Investors

Take Nigeria, for instance.

As Africa’s largest producer of oil, Nigeria has outsized status in the hydrocarbons world. But the party is coming to an end from an investor’s standpoint.

Nigeria is home to about 37 billion barrels in oil reserves. And while it’s got some 32 active oil rigs out there, only 81 wells were completed last year - down from 141 in 2014.

Since oil prices started tumbling in 2014, the government has been taking more from oil companies, with back taxes and new legislation. Now, it wants majors Chevron, Shell and French Total SA to pay them around $62 billion. It claims in was short-changed under a revenue-sharing agreement dating back to the 1990s.

Chevron (NYSE:CVX) is seeking to sell several Nigerian oilfields, and it isn’t the first: Exxon and Shell (NYSE:RDS.A) have both been reducing their footprint in the country.

And it might get worse.

Now, Nigeria is proposing new legislation that would increase taxation on the oil industry. The bill would add another 3-10 percent in royalty rates at oil prices between $50 and $80 per barrel. Nigeria’s current system gives Nigeria between 60 percent and 70 percent of all deepwater revenues, which includes taxes, royalties, along with state-run Nigerian National Petroleum Corporation’s share of production.

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