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Sefton Resources (SER) Takeover Rumours

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Sefton Resources Takeover Forum Posts

24-07-2014
FYI Looking very good! http://guerillainvesting.co.uk/2014/07/24/sound-oil-a-crouching-tiger-or-creeping-takeover/ Dan x
21-07-2014
lord mayor's show, tree shake, or start of pump and dump, takeover, or whatever?
16-07-2014
They are not fanciful at all. The deal has valued the company between 0.8p and 0.9p. The EGM will allow that valuation to be realised in greater detail. Just like any takeover or a quid on deal. It has to go through for value to be factored in to the SP. So yo answer GH there will be an excellent return how excellent the mare will decide come EGM. However I expect some pressure end of this week start of next.
30-06-2014
Where do you magic a takeover from. Just curious. Don't hold but have read the latest RNS's and nothing other than struggling to cope with debt comes to mind.
12-05-2014
J8RC Mate I get where you are coming from but you are an experienced investor and you know it doesn't work like that. It is all about the price someone is willing to pay for this asset. Short term it has nothing to do with heat we are left with. Its about having the money to unlock reserves and push this company forwards. More reserves will enter the proved category which in turn will affect the MC along with the money in the bank. Previously I was giving a figure based on multiple discounts and decimated the asset value to get to a realistic takeover figure. (Post is on LSE)
10-05-2014
SEFTON RESOURCES THE TRUTH IS HERE! - SERMicheal Caine - 14 Feb 2014 - 01:35:28 - 3050 of 3815My name is Micheal Caine.Did you know that one of the 3 groups[a London listed company]looking to takeover Sefton are now conducting DD in the Sefton data room. An offer of 0.9pper share could come next week.Now not many people know that but they do now!MC Sorry I stand corrected it was 0.9p
05-05-2014
Andy,. Great points, now this is a good discussion. Actually I feel that the BOW will instead combine with a third party tapia JV investor to create a financing package. The BOW want their money back. With a bit more investment along with the added security of a third party they will get just that. Plus more with the interest over the years. Remember we are not talking takeover here. We are talking a JV. So 300% can happen ad it's down.to percentage investment. The market will then increase the SP based on sentiment and potential. Tapia potentially has 3p plus. So if we maintain control plus use money to sort out other areas we will be really happy
Also Andy an SP is not always determined by what someone will pay. That's takeover talk. How much investment and the cost of a percentage share of tapia is what matters. That will decide the SP plus an increase in sentiment.
02-05-2014
= Sale on the cards for Sefton? = Gossip from the oil world as rumours reach Diary that troubled explorer Sefton Resources is in takeover talks, after the recent exit of its CEO, Jim Ellerton, in colourful circumstances. According to one exploration source, Aim-quoted Sefton is in talks with three different parties, who are offering 1p per share a huge premium over yesterday’s 0.2p closing price to take a 30pc stake.
Also, I can't see WHY someone would want to takeover SER. What would you get for your money? - Failing assets. - $4.7m debt repayable ASAP to the Bank of the West. - A listing on AIM. A listing on AIM is considerably less than 4.7m so that won't be it. I can't see how the assets are worth $4.7m let alone having to pay 1p (or whatever) on top. Can anyone hazard a guess as to what the assets might be worth to someone (and no, I don't think buying an asset in the hope it turns out to have undiscovered potential is viable as SER have been looking at every opportunity for years).
Wow, MC on the other thread said takeover talks taking place, that guy knows.
26-04-2014
Logans, Yes, these multiple user spammers are a pain - almost as much as people posting takeover rumours & suggestions that a stock has never been tipped....whilst never actually providing a shred of evidence or link. Actually, I'd say such people where almost as bad as people that come onto BBs to ramp them in the hope they can get out for a higher price! (Not that it's worked so far eh?!)
31-03-2014
Walia Posts: 94 Off Topic Opinion: No Opinion Price: 0.21 Have a look guys have seen beforeToday 11:59= Sale on the cards for Sefton? = Gossip from the oil world as rumours reach Diary that troubled explorer Sefton Resources is in takeover talks hxxp://www.lse.co.uk/member-info.asp?nick=Walia
21-02-2014
Also if that was the wording..... Sounds like more of a JV play (interested in tapia) Rather than a takeover (interested in sefton)
17-02-2014
pelham123321 14 Feb'14 - 09:29 - 3065 of 3163 4 0 CJ Good advice. Takeover is unlikely in my opinion. Don't get me wrong one of these companies or groups or whatever could be discussing a 0.9p offer but these offers are provisional and subject to due diligence. What the devil will they find? A thoroughly decently run company or a POS? Micheal Caine 17 Feb'14 - 14:23 - 3136 of 3163 2 0 My name is Micheal Caine. Did you know that Sefton have failed to pass 'Due Diligence' on possible takeover? It's a sale of the assets now! Wipe out. Now not many people know that but they do now! MC
Lol, MC is playing you lot beautifully, his says takeover, you all BUY as the smart money sells into it. His says sell you all sell as cheap stock is being picked up. If asset sale surely, worth around 1.2p.
My name is Micheal Caine. Did you know that Sefton have failed to pass 'Due Diligence' on possible takeover? It's a sale of the assets now! Wipe out. Now not many people know that but they do now! MC
CJ Not at all, we are all here to discuss the company. It's just that the past performance of the company I feel has nothing to do with a takeover. One company can completely turn an assets around. Our biggest trouble is money. We have Ben using the money to maintain production, which rises and falls naturally with the seasons. That is why we have spent so much. Because we haven't had the capital to push this forwards. We need at least 2 million for the new generator first and go on from there. Another compn. Will easily be able to push this forwards. Yeah just like you don't actually own your house the mortgage company does. That's just common practice.
Andy, Any takeover offer will take into account for the payment to BOW. Once that is paid they will no longer have any interest in iur assets. I presume that these interested parties have enough cash to be able to go it alone or find their own financing. So no trouble there mate
CJ, Yes we have an abundance of old and new posters whose sole objective seems to be to discredit you! If Tom or his crew genuinely believe you posted feces through the GPO, then that must surely be a crime, so why haven't they reported you? The police could obtain your details via a court order from ADVFN as you are a premium poster. So why hasn't this been reported to the appropriate authorities? I still don't think SER were able to make much of a settlement in cash, so shares would have probably had to have sufficed, for at least a significant part,and, if so, it may explain the total turnaround of some posters here! Where are the takeover rumours chaps? Is the Data Room bulging at the seams? I cannot believe any credible company would bid for SER, and as BOW must hold liens over the assets, cannot possibly see how anyone will win here.
16-02-2014
CaliforniaJoe. You're tripping overself more times than a blind man on cobbles. You're now stating that you've based your TW ramping of Sefton because MC has posted that they took shares. Yet you're saying that MC is bogus when he/she posts that there's a Takeover! FLIP FLOP PLOP!. Give it up pal.
14-02-2014
CJ Good advice. Takeover is unlikely in my opinion. Don't get me wrong one of these companies or groups or whatever could be discussing a 0.9p offer but these offers are provisional and subject to due diligence. What the devil will they find? A thoroughly decently run company or a POS?
Pelham, why on earth would I be jealous? Personally, if they sold the company for 10p or 1p it wouldn't effect me lol! The fact you feel the need to mention me in every post is becoming tedious, this hero worship needs to stop. Meanwhile, I don't believe a word that MC is posting right now and if there is a takeover, there will, even as you state, be nothing for investors, so why anyone is getting excited or why anyone is buying at this stage, is quite surprising!!!!
cashcard Yes that's right. We all post what we want to post. MC can post what he/she likes on here. It's up to the individual to decide whether it's credible. Unlike you CJ. MC has a track record of being accurate. Put your jealous whinging back in the box . Any takeover here is unlikely in my opinion. Due Diligence what would it uncover? Fraud, deception and Ellerton chicanery? We know SER at virtually worthless and headed for administration. A data room? Sounds plausible. Some one could always phone the nomad and ask them if Sefton have a data room up and running? I don't suppose CJ you would care to call Allenby? I mean with your superior super investor status how could Allenby fail to answer you.......
If correct, a takeover at that price would hardly cover the debt to BOW.. Shareholders left with a big '0'
Some one has posted this horse crap on London South East. 8:48 14/02/2014 [tomwinnifrith] Takeover Takeover 1.2p BUY Big news on the way a 1.2p takeover. Dowgate just tipped me off. I've sold my pizza parlour and put every red cent into Sefton. I'm going for it this time men. Sefton are a strong buy. SIFC please do trot along to my pizza parlour . You are most welcome. You have stuck at it against all odds and now you will get your rewards. Do accept a free pizza from my most excellent restaurant. No way is this TW! IT's you CJ! Come on numpty boy admit it!
My name is Micheal Caine. Did you know that one of the 3 groups[a London listed company]looking to takeover Sefton are now conducting DD in the Sefton data room. An offer of 0.9pper share could come next week. Now not many people know that but they do now! MC
13-02-2014
Yes our Ben seems to sum the situation up succinctly there. I feel for the people suckered in on the takeover "rumour".
12-02-2014
This is a slow death. Ben Turney wrote this week it's 'death by a thousands cuts' Who in their right mind is going to stump up $4.7 mill? For what a field that's burns capex and returns 1 dollar for every 4/5 spent? It aint going to happen. Any talks are based around the debts being re-financed. Every thing is mortgaged up against the debt. Kansas, Tapia, Eureka even the desks and computer, plant, tanks, ipads, mobil phones, steamer. The BOW owns everything! Even the bloody steam! pmsl. Takeover is a rumour. Get real.
There's talks ongoing about refinance. Takeover? Unlikely. If there is I can't see it being at a premium.
The only surprise for me was that it bounced back in the first place! There again there were the BB "takeover" rumours to help that happen!
09-02-2014
Cj your very bitter about what's gone on,my I ask a question which I had no reply in one of my post!!,do you think MC posts about takeover are positive or do you think something else,I did notice them large buys BUT some people would gamble that, I do like some of your attacks on the company,but don't you think the NEDs might want to try for us ( morals) they won't greatly benifit from putting SER in administration unless it's like a TVZ where CEO basicily resigned planing to buy out co and bank calling debt then put in to admin and taken over buy chiko nanaj the 2nd lender,it was planed all along
08-02-2014
But the big question is now IS MC positive about a takeover or is it a negative vibe I only hold 1million at 0.20 so happy to hold,from what I can see in most of MC posts they are all negative!!,so why would it be positive As for CJ his battering posts about SER are ok for me but bloody hell saying he knew JE as a poster O my lord lol,come on CJ I'm thinking of a top up but let's be honest it's RED OR BLACK!! 50/50 boom or bust I wish every one here the best of luck
07-02-2014
CJ now that is good post! Honest, thoughtful and to the point. 50k, wow, fair play for working hardto get it back. Hope the 16k left doesn't take too long for you. Why not put some back in here. I know it's still a bit risky even it's the takeover chat but there is still at least 100%to be made. Could go some way to getting mor back.
Jeez HB, you need a chill pill. I never once said or suggested true investors deserve to lose money on this stock. I have lost cash here so I do know what it feels like thank you. I lost 50k on Langbar which I am sure you have never experienced! (Retrieved 34k of it after 3 years however). As for being pompous and arrogant, I do believe that statement on its own suggests it is you that may be suffering with it! I hope there is a solution for genuine investors here, I hope there is a takeover, but I am skeptical of it ever being in their interests. In my opinion, JE is still pulling strings here and is far from gone anywhere. Happy for my opinion to be proved wrong!
Maybe you should study in being respectful and kind to others. Yes we have all gambled on this share. But it is never nice to lose. I'm sure you wouldn't be acting this way if it was your own family losing money. Put yourself in someone else's shoes for a change and stop being so arrogant and pompous. There is still fight and a takeover to come. May just put a sock where it belongs!!
06-02-2014
Takeover? Takeaway! Mines a rogan josh! Takeover my arse, it's fantasy island all over again. The company are shit. Serial failures. They may be worth 1p but no one will touch them with this shower of bankrupts still running Seftie. Mark Smith & Tom Milne are Ellertons' men handpicked by the crook. Where's this 1p rumour come from? MC doesn't say 1p. Another groundless ramp. If they go for 1p then great for the long suffers, realistically it's hope of 1p rather than fact of 1p.
Takeover I suppose there could be some poor deluded fools who think they can sort out Tapia but they'd have to be able to satisfy the BOW. Remember the Bank wants 4.7 million dollars. So these people would have to be able to refinance the loan. Can't see it myself but there's something going on because the sp is reacting positively. The market has got wind of something. We'll just have to wait and see. Still not convinced.
05-02-2014
See I knew MC would come up trumps. Still some names to get. Real takeover coming!! I called it.
Mike caine come spill the beans whose buying Sefton shares? We want names of them. A takeover at this stage would be brilliant for share holders even if it was only a penny!
03-02-2014
It's a tough one mate. I hate to say it but I would waiver on the believing him. However it needs more.....I wouldn't be surprised if we found out extremely soon from either the company or MC himself. I feel next two days I know....he isn't backwards in going forwards. Or is that just the person we want to believe he is. Could it not of all been a good trick to dig up proof on jim to get him out. Post negative production figures to lower share price some more to aid takeover discussions. Then let cat out of the bag. Technically a walk down and get rid of a CEO. Or is that all a bit far fetched. Would be like me to suggest such!!
I can live with 1 month of oil production figures being out, who knows if the official ones are correct! We either take his word or alternately we're totally in the dark, regarding takeover/JV and financing. ( Karl Arleth, never darken my fathers' door ) is another clue!
It's a weird one to be honest. I have seen many rumour mills created. The best by far coming from RMP a year or so ago. Managed to do well off that. Now this one though comes close. The reason I feel that is because 90% so far have come true. The only one wrong so far is the December production. So it's not just some rumour mill. I do agree that he was warning shareholders plus getting his own back about the crazy happenings over the coast year. But now I think he has flipped reversed it and saying do you know what shareholders you may just get some money after all. Possibly though MC knows that a takeover actually sells us short of a few bob? If it was below 1p others would be a joke. Strange though he hasn't given a company. Maybe even he wouldn't stoop that far to breach confidentiality agreements. Maybe that is why sefton have kept stum. Data as per confidentially agreements we heard before. At what point is those no more.
It's a weird one to be honest. I have seen many rumour mills created. The best by far coming from RMP a year or so ago. Managed to do well off that. Now this one though comes close. The reason I feel that is because 90% so far have come true. The only one wrong so far is the December production. So it's not just some rumour mill. I do agree that he was warning shareholders plus getting his own back about the crazy happenings over the coast year. But now I think he has flipped reversed it and saying do you know what shareholders you may just get some money after all. Possibly though MC knows that a takeover actually sells us short of a few bob? If it was below 1p others would be a joke. Strange though he hasn't given a company. Maybe even he wouldn't stoop that far to breach confidentiality agreements. Maybe that is why sefton have kept stum. Data as per confidentially agreements we heard before. At what point is those no more.
02-02-2014
CJ there was a reasonable discussion with Andy ruined with a long and sided post to try and convince the world that the assets are worthless and the takeover talks aren't favourable. I would love to see something positive from you for once
Andy The assets are excellent but just impossible for us to do anything with which makes them a target for a takeover. Any company that pumps some money into them will be able to do very well. Jim is gone and no way pulling any strings. He was not ousted before as they needed the proof from all the court case stuff to evidence the dismissal. They didn't want their own court case on their hands. MC actually posted that production was down......how would that benefit TW/BMD? He posts what he likes. Hopefully he will come out of hiding with a company name to silence the doubters
01-02-2014
HB27, you say it is a clever ploy to get new investors in? Considering MC's posts have always been negative towards Sefton, including his recent statement that production for December would be down (incorrect), why would anyone think that his post about a TO is good news for investors? Personally I think he IS linked to TW and BMD as he did nothing to help investor sentiment before, so why now. If people all take your interpretation of his post, they will all invest, the SP will go up, the two will get out and the TO will turn out to be of no benefit to shareholders. The takeover, if there is one, could just include a de-listing and private sale!
FOR MC Thank you for your post regarding takeover talks. I have before doubted your posts being the sceptical man that I am. But since you have proved yourself I have seen the light. However the market nor many still believe what you are saying is true. Have you got a company name or other info that can prove these doubting Thomas' wrong!! Many thanks I am always first to put my hands up and o was wrong to doubt your posts
What's one of those :-) Blooming phones.......clearly takeover
CJ There is no way it is linked to those two. How on earth could they get their hands on seftons contract termination letter and pass it on It conveniently was made public which created a buzz Same here......it has been conveniently let out of the bag to let clever investors a chance to get in before the takeover. It's been on the cards for ages!! Come on you are a business man and I know you are negative of late but you must be able to see a yakovwr opportunity here
31-01-2014
I see some still jittery as to the recent movement north of the share price. Those that have chosen to take the shrewd price like me can only be moving forward here and enjoying the ride up. At this bargain price speculation and yes PEOPLE ARE BUYING is that a takeover is being discussed at what price ? Well get the feeling that 1p+ is the target from there its a matter of what has been whooshed up in the next RNS . Seat belts on and looking likely that we could get a decent rally up iminent today ...watching trades VERY closely .
Morning as you can see ,run up to 1p+ and takeover talks really happening isnt it? Yet to really hit the radar this morning so i think many will surely move in quickly to take a chance on this multibagger today . Seat belts on as the action already begining up over 10% already !!!!!
30-01-2014
Yeah HB. Good to see a positive comment based on fact. Not fact of the takeover rumour but fact that when mc puts his stuff online it generally turned out to b right. Now he says theres talks people are dismissin it. Th mc history has generally be accurate, So i for 1 am keeping my fingers crossed.
All very valid points You are different......but others are quick to judge sefton based on these "rumours" from .MC and they mostly came true. Now he states a takeover is close and what a surprise one post for it. Yes rumour is rumour and still needs to be sorted out But as we all know a sniff of takeover rumours generally send shareprices flying. I underline generally!!
UP OVER 35% Hmm ,guess its not i was expecting then thought 200% was achievable today. Like many here just buying buying buying ,rerating on takeover talks ,NICE.


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