Hague Ldn Share Discussion Threads

[tradingmyplan] 09/6/2016 10:14

A missing post is the least of our worries here!

[ribblewader] 08/6/2016 08:48

Cant see 804.

[412069] 16/5/2016 14:24

1 trade just gone in so maybe a better RNS than the last coming.

[tradingmyplan] 16/5/2016 14:16

Been busy and just checked in here.

What a carry on!

[currypasty] 12/5/2016 11:27

ouch 300k sell at 4.5...

[maxwell] 12/5/2016 08:21

2/3 of salaries paid back for more wages which actually cover 50% purchase price of the hived off company, how easy is that to make a potential good life for yourselves say 1 year along when you resign! with it needs more time with my family and other personal interests......

[nick rubens] 11/5/2016 16:17

You just have to love AIM.

One of the greatest markets for entrepreneurial wealth creation.

[currypasty] 11/5/2016 10:59

MM's trying to get rid of all that stock!

remuneration of the directors for the 18 month period ended 31 December 2015 was as follows:

Dr M Butler 144,000
Mr A Yeo 248,562
Mr I Patrick 48,750
Mr A Cochran 231,145
Mr W Phelps 31,634




I wonder if they will halve their salaries now they have 'sold' themselves half the company

[412069] 11/5/2016 10:49

Bounce off 6p coming as usual.

[maxwell] 11/5/2016 09:42

Simpler to hive off a new company with no hangers on, then wave goodbye once you have your money back in wages, than it is to get out of a parking fine, thats life I'm afraid...

[c2b] 11/5/2016 08:59

Complete nonsense and a complete and utter disgrace. What is the NOMAD thinking ?
Not only do the directors give themselves all the good stuff for remarkably little money, but then they will give themselves back all the money for Directors fees and expenses in HALO. Most probably then they take Hague & London private as a sensible measure to conserve resources (for them of course).

[mylands] 11/5/2016 08:50

A brave investor, someone who pays 6.2p for 20k!

Still heading south now down below 6p.

[maxwell] 11/5/2016 08:35

Just read it through and they have hived off the bulk of potential to another company owned by themselves for 1/2mil$ to H&L with expectation of reducing the remainjng 49% owned with shares etc. So the directors are walking with potential and leaving current shareholders without debt or anything much else I wonder if thats why the share price is dropping ????????? Conned or what again............

[currypasty] 11/5/2016 08:30

"As part of the restructuring, HALO will divest 51% in Vermeer Exploration BV to a group of private investors, including Andrew Cochran and Bill Phelps, for the total consideration of $500,000 "



so they have sold half the good stuff to themselves for £320k

[mylands] 11/5/2016 08:29

currypasty

The market most certainly isn't, with the shares down over 25%!

Thank goodness I sold some of my ill-advised holding when they spiked to nearly 13p in March. Two months later and it has more than halved!

[currypasty] 11/5/2016 07:59

Hague and London Oil PLC (AIM: HNL), the hydrocarbon exploration company, is pleased to announce a proposed portfolio restructuring and strategic repositioning towards lower risk opportunities whilst retaining exposure to higher risk exploration. The restructuring will result in HALO focusing on lower risk assets with a clear, near-term path to revenue generation, whilst also bringing sufficient near-term liquidity to the Company without diluting its current shareholders or incurring indebtedness.




not sure why they are so 'pleased' with that rns

[mikeh30] 11/5/2016 07:05

The Duyung Farm-In Agreement, offshore Indonesia, has been terminated by HALO as a result of delayed approvals and approaching or missed deadlines for operations.

[currypasty] 06/5/2016 16:12

market makers only quoting in 5k, so if you want to sell more, you will have to ring up, or put an order in. Perhaps MM's don't want any more stock after that 77k sell at 8.6p?

[shwetal] 06/5/2016 15:40

I can't sell it. It doesn't give me any quote. How bizarre !!!

[412069] 29/4/2016 09:54

None.
Would you? if the two that will make the decision own 16% between them.
News will come soon enough.

[sweepie2] 28/4/2016 22:14

Did feel that ADL news would have sent HNL lower but even a 60,000 sell didn't dent the price, MMs restocking one would think, whats the chances of our BODs stitching us up like ADL?

[412069] 19/4/2016 12:22

rodrod

Nothings really change since the below was published back in October.
I like his verdict..

Verdict
The acquisition of the Duyung PSC was a clear indication that the management team are here to create a mid-tier company focussed on supplying the starved SE Asian energy markets. The asset has considerable exploration upside onto of a large gas discovery. Along with its other assets around the world it offers compelling value at this price. Led by a more than able management team I believe that they will create a profitable and valuable company in the not too distant future. Buying the shares at 12p (as I did) and holding for the medium-long term will reward investors thoroughly. Hague and London Oil is a classic 'buy and forget' company. The assets in the Philippines and UK have no contractual obligations and the company is fully funded until the end of the year. The Mako South-1X well is the big cost item next year which I believe will be funded without a large placing.