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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Valiant Petrol. | LSE:VPP | London | Ordinary Share | GB00B2NJD643 | ORD 2.555556P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 437.00 | 0.00 | 01:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 437.00 | GBX |
Valiant Petroleum (VPP) Share Charts1 Year Valiant Petroleum Chart |
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1 Month Valiant Petroleum Chart |
Intraday Valiant Petroleum Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 25/4/2013 | 10:20 | VALIANT PETROLEUM - North Sea Developer and Explorer | 2,551 |
| 12/5/2008 | 16:45 | VALIANT PETROLEUM - North Sea Developer and Explorer | 14 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
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Posted at 20/3/2013 21:32 by red ninja Well I hope IAE share price will recover once takeover complete and unhappy VPP shareholders have exited.At the moment many in the market believe IAE is paying too much for VPP. However, is the market crediting the tax losses that VPP is bringing to the party. |
Posted at 11/3/2013 12:39 by hpcg utrecht - there is some discussion on the IAE pages. My analysis is that this a way for them to sell down their IAE shares without directly selling IAE. They would be unlikely to get full wack unloading their percentage on IAE but with VPP arbitragers will keep the share price to within a couple of percent. Their short will cover the cash and their existing IAE shares for the share portion. I not calculated how complete this is.I really can't see there being a bid for IAE (nor a counter bid for VPP). I think they are waving the white flag and are getting out of what for them was a temporary position. I could be proven wrong by future events of course, and may not be correct in the first place, but I think this explanation is rational. |
Posted at 01/3/2013 11:14 by utrecht_00 at the moment with the share price at 440p, it value Itahca shares at 1 pound, when they are 115p in the market. An arbitrage opp for IAE holders or a chance to buy more VPP and make some more money assuming that the IAE share price doesn't collapase under a pound and that a deal goes through which is likely?Ohisay- agreed I think PB could counter. A 500p all cash deal would seal it. |
Posted at 22/2/2013 11:31 by ed 123 The answer is, of course, that they could give an update, without compromising any negotiations. For instance there is production information available from Enquest and Antrim that VPP could rns.The problem I have is that the private investors are probably the only group outside of the information loop. The directors of VPP, the parties they are talking to and the major shareholders will all be insiders to what is going on. Being outside the loop, though, can have its advantages. The directors of VPP went in the market and bought shares at various prices above the current level (344p). Perhaps they would be buying now, if regulation permitted? I have been buying on the way down and I'm keeping some powder dry to buy at under 300p. For the past 3 weeks (ie. after the Fionn drop) the share price has been falling at about 10p per week. If it takes more than another 4 weeks to get the review result out, then I could be in for more of these in the 290's. I recall my buying shares in Nautical Petroleum down to about 270p, then smiling when the 450p recommended offer was announced. Maybe I'll be lucky again? |
Posted at 08/2/2013 09:15 by utrecht_00 Ok, news from Oilbarrel seems to be that AEY want to fund fyne themselves which they think will cost them circa $180 million. I assume then that no nasties with fionn just could not afford to pay for both and going for it on fyne. PS my data feeds bust this am as VPP share price is showing as up.... |
Posted at 05/2/2013 19:48 by ed 123 Thanks, frazboy. :-)It confirms my own view - that Valiant's share of the Dons, alone, has an npv more than the present market cap of Valiant. Additionally, it gives 174p per share npv of tax losses. Got to be worth 500p+ in a takeover? We need that update. In a normal year we would have had one in December or January. (Had a little grin at Morgan Stanley's stockpicking. Looking at four oil companies, they expected Enquest's share price to fall, but it rose. Conversely, they expected Excite, Faroe and Valiant's share prices to rise, but they all fell.) utrecht_00. It should get snapped up, but the market usually gets wind of such a move and Valiant is in the doldrums. Bought a few more today. |
Posted at 04/2/2013 10:46 by ed 123 That's encouraging, sludgesurfer, but something else is apparently on the mind of the market. Share price down 8% currently. 10:21 saw a sale printed of 50,000 shares at 370p. Why?Still no reply to my email. I phoned Valiant this morning. Someone will ring me back. hpcg, re: Antrim Energy, agree with your reasoning. Wouldn't discount it entirely though. Perhaps that's why the share price is being hammered? ;-/ ohisay, Premier's option was to acquire 39.9% of Fyne in return for paying up to $50 million towards Antrim's costs. Appraisal drilling disappointed and Premier walked away. First Oil Expro also walked away. Antrim ended up with 100%. Now trying to find a partner. |
Posted at 30/1/2013 12:42 by hpcg I'm expecting them to have given up at the 6 month point, so in about a week. The review is in my opinion artificially capping the share price I've only bought in the last 2 weeks on this premise, though I'm not tying myself to any end date. If a sale at a decent price were possible it would have been done a long time ago. Likewise a merger. Farm-ins aren't the result of a strategic review, no matter what the September announcement may have said - that is business as usual.I think the share price will rise once the SR is complete almost irrespective of the conclusion. It could drop a bit in the short term, but I think that has mostly happened already. I don't think the MBO will fly, not just yet, though credit markets in the junior oil patch are encouraging given recent announcements. So IMO in particular order: 1. Move to main market (good for SP). 2. Extend the borrowing facility and institute a buy back program (good for SP, wouldn't even have to buy many shares) 3. Continue to secure portions of new assets especially with regard to discovered but undeveloped fields held by juniors requiring funding. There should always be a list, but at the least the SR should have ranked opportunities. If the credit market is freeing up then opportunities will become more expensive. |
Posted at 02/1/2013 18:38 by ed 123 They've probably been infomally batting prices back and forth. I do think the US deal may crystallise an acceptable offer.I think PB and party could do very nicely out of buying Valiant at 600p. It's a case of how quickly the major shareholders in Valiant want to get value out. If they can wait three years, then why take less than 600p? On the other hand, if they want to get out of Valiant without delay, then they might have to accept nearer to 500p? A while back I guessed at 540p. That would be about 35% above today's close. It would be a good uplift for existing holders and a good price for the offeror. If there's no recommended offer, then the share price is likely to fall in my opinion; the opposite of what the strategic review aimed for. That, combined with the downward pressure on the share price since the announcement, should (I think) conspire to produce a 'low' recommended offer - guessing 540p. (As an aside, I'd like to know who's been doing the selling since the announcement of the review - but I very much doubt we'll ever be told.) |
Posted at 09/11/2012 08:39 by ed 123 Thanks, ohisay and frazboy. :-)Dons news from Enquest today. NET PRODUCTION Daily average Daily average 1 Jan' 2012 1 Jan' 2011 to to 31 Oct' 31 Oct' 2012 2011 (Boepd) (Boepd) Thistle/Deveron 7,845 5,246 Dons/Conrie 10,203 13,145 Heather/Broom 3,521 5,553 -------------- -------------- Total 21,569 23,944 -- The up-dip sidetrack of West Don Well W2 (now designated Well W5) came on line on 8 October at an initial rate of 2,000 Boepd -- S10 is anticipated to come on stream soon at Don Southwest Still waiting on the Causeway production news here. Both AEY and VPP share prices seem to have settled and at an unenthusiastic level. Market now anticipating a 'below expectations' result? After saying early November for first oil, Monday merits an rns or one sort or another. |
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