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IPL Indago Pet

34.50
0.00 (0.00%)
02 May 2024 - Closed
Delayed by 15 minutes
Indago Petroleum Investors - IPL

Indago Petroleum Investors - IPL

Share Name Share Symbol Market Stock Type
Indago Pet IPL London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 34.50 01:00:00
Open Price Low Price High Price Close Price Previous Close
34.50 34.50
more quote information »

Top Investor Posts

Top Posts
Posted at 06/7/2011 16:14 by man overbored
I've just invented a new 'holidayproof' ring - hollow, buoyant & dayglo, with an in-built GPS transmitter.

I can see this taking orf big-style with AIM 'investors'.
Posted at 06/7/2011 13:33 by grahamite2
I know Fla has been a graveyard for a lot of property investors (gold mine for others of course). I'd give it a miss unless I seriously thought of retiring there.
Posted at 25/5/2011 09:30 by man overbored
Dunno Beeksy, but it's highly likely. He was involved as a director/investor in numerous micro-caps, some of which Wiggy & I used to post about.
Posted at 28/4/2009 13:17 by jay083
if they could buy back shares in the market it would enhance the cash per share value for those willing to hang on. unfortunatly don't think they are able to do that.

is this a feasible way of returning cash - that way investors making a profit would pay CGT as opposed to if it were a special div where they would have to pay income tax?
Posted at 14/4/2009 10:54 by themoneymonster2
Someone mentioned they are lloking for a similar play to IPL, ie: cash more than market cap! Take a serious look at SKR, i know some investors in IPL are there already! Cash of 12.5p against buy price of 7.5p and phosphate assets potentially worth $billions!
Posted at 14/4/2009 09:05 by fairdeal2008
Before they had the potentially exciting upside from the drilling, underpinned by a substantial cash pile.

Now its a plain old investment company and yes, you might get a 50% premium if they return all the cash to shareholders.

But I think most investors in the oil and gas sector didnt enter because of the potential to earn a 50% return. I think many shareholders, especially more recent purchasers, will look to find alternatives.

Doesn't mean the medium term future isnt bright, but there is no way to judge that potential until you know if they are going to invest.... and what in of course.

imho
Posted at 08/4/2009 11:24 by sivadnoj
Union - my take on this is that there is more going on than simply massaging the message. I think they are developing some proposals to issue with the results regarding the use of (some of) the cash. That is solely my interpretation of making things more "poignant" for investors.
Posted at 08/4/2009 11:14 by sivadnoj
I spoke to the company this morning. Results are ready to go but they are delaying issue pending consideration of a number of strategic issues following the receipt of the cash. In particular they are looking at ways of making the message of the mismatch between market cap and cash more "poignant" for investors. Make of that what you will.
Posted at 19/3/2009 13:24 by hugepants
This stock has nothing to do with trees. I think the best result would be they hand the cash back and either sell Jebel Halfit or get us a free carry. I dont see the advanatge in letting IPL invest the cash for us because companies buying assets now are paying a signficant premium to the price private investors could invest at (eg Ithaca, Bowleven)
Posted at 03/3/2009 10:21 by haideralifool
Doesn't it all depend on what IPL decide to do with the money? If they return cash to investors I can see a case for an immediate rise (depending on how much is returned).

On the other hand if they decide to sit on the money and/or invest it in buying 'cheap' assets. I think things could become more complicated.

Let's say firm x had assets that were worth £1 before all this credit crunch started. Let's say that firm X's share price has fallen to a level that now values those assets at 50p. Let's imagine that IPL buys those assets for 50p (even though deals seem to be done at a premium these days). Why should a change in ownership mean that they become worth more in IPL's hands?

The only scenario I can think of is where firm X was not able to undertake drilling in the near future, but IPL may be able to.

So there are a host of unknowns.

All IMHO.

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