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LHD Lochard Energy

4.875
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Lochard Energy Investors - LHD

Lochard Energy Investors - LHD

Share Name Share Symbol Market Stock Type
Lochard Energy LHD London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 4.875 01:00:00
Open Price Low Price High Price Close Price Previous Close
4.875 4.875
more quote information »

Top Investor Posts

Top Posts
Posted at 05/6/2013 16:47 by bam bam rubble
If its taken 1 year to make the first $14m through 5% royalty, then at 2% royalty
and a constant rate of production it will take 2.5 years to pay out another $14m.
Apply a 20% decline curve and its more like 3 years.

$2m debt is also accrued under the £3m facility from Henderson Global Investors.
Posted at 23/5/2013 19:15 by giant steps
Therealdeal5, i await your apology





Therealdeal5, do you understand the reminder as noted below ?

Your understanding of Jamie Brooke and Henderson's holdings is a nonsense.
You have double counted - do you agree ?

Using your rule they would control over 60%, and that is not the case.



Reminder

"
Whilst none of the Lochard Directors are directly interested in any Lochard Shares, Jamie Brooke, a non-executive Director of Lochard, is also an employee of Henderson Global Investors Limited. Funds managed by Henderson Global Investors Limited and Henderson Alternative Investment Advisor Limited are interested in 93,926,577 Lochard Shares, representing approximately 31.4 per cent. of the issued ordinary share capital of Lochard. Parkmead has received irrevocable undertakings from Henderson Global Investors Limited and Henderson Alternative Investment Advisor Limited to vote, or procure the vote, in favour of the Scheme and the resolutions at the Court Meeting and the General Meeting in respect of such 93,926,577 Lochard Shares, representing approximately 31.4 per cent. of the issued ordinary share capital of Lochard.
"
Posted at 23/5/2013 10:34 by giant steps
Therealdeal5, do you understand the reminder as noted below ?

Your understanding of Jamie Brooke and Henderson's holdings is a nonsense.
You have double counted - do you agree ?

Using your rule they would control over 60%, and that is not the case.



Reminder

"
Whilst none of the Lochard Directors are directly interested in any Lochard Shares, Jamie Brooke, a non-executive Director of Lochard, is also an employee of Henderson Global Investors Limited. Funds managed by Henderson Global Investors Limited and Henderson Alternative Investment Advisor Limited are interested in 93,926,577 Lochard Shares, representing approximately 31.4 per cent. of the issued ordinary share capital of Lochard. Parkmead has received irrevocable undertakings from Henderson Global Investors Limited and Henderson Alternative Investment Advisor Limited to vote, or procure the vote, in favour of the Scheme and the resolutions at the Court Meeting and the General Meeting in respect of such 93,926,577 Lochard Shares, representing approximately 31.4 per cent. of the issued ordinary share capital of Lochard.
"
Posted at 23/5/2013 07:47 by giant steps
Reminder

"
Whilst none of the Lochard Directors are directly interested in any Lochard Shares, Jamie Brooke, a non-executive Director of Lochard, is also an employee of Henderson Global Investors Limited. Funds managed by Henderson Global Investors Limited and Henderson Alternative Investment Advisor Limited are interested in 93,926,577 Lochard Shares, representing approximately 31.4 per cent. of the issued ordinary share capital of Lochard. Parkmead has received irrevocable undertakings from Henderson Global Investors Limited and Henderson Alternative Investment Advisor Limited to vote, or procure the vote, in favour of the Scheme and the resolutions at the Court Meeting and the General Meeting in respect of such 93,926,577 Lochard Shares, representing approximately 31.4 per cent. of the issued ordinary share capital of Lochard.
"
Posted at 08/5/2013 09:43 by sea7
from the rns.

The change to the percentage of voting rights held by Henderson Global Investors relates to the change in fund manager of "Henderson Value Trust plc" (formerly SVM GLOBAL) as announced on 6 February 2013. Given that the increase in shareholding is due to a transfer in of funds under management to Henderson Global Investors,the Takeover Panel has agreed on an ex parte basis that
this transfer has no Rule 9 consequences for Henderson Global Investors.
Posted at 26/4/2013 07:29 by therealdeal5
Last summer they named Lochard, as a take over target, it has to be even better now with Thunderball gone,

City analyst eyes more potential takeover targets as North Sea consolidation continues
By Jamie Ashcroft June 14 2012, 3:14pm Recent deals have alerted investors to other potential takeover candidates in the junior North Sea oil sector.
Cairn Energy's (LON:CNE) £414 million tilt for Nautical Petroleum (LON:NPE) is the latest signal that the North Sea oil industry is in consolidation mode.
The FTSE100 oil firm announced its 450p a share cash bid yesterday, though with Nautical shares now trading at 466p it appears investors are anticipating a possible counter-bid could spark a bidding war.
It follows a series of recent transactions in which larger oil companies have bought interests in North Sea assets from their junior counterparts.
Indeed it will be Cairn's second transaction in as many months. EnQuest, Premier Oil, Centrica and the Kuwait National Oil Company have been among those building on their North Sea interests.
All this action has alerted investors to other potential takeover candidates in the junior North Sea sector.
Analysing bid potential is notoriously difficult, says Andrew McGeary, analyst at Northland Capital.
But in a note to clients today he named four AIM quoted stocks that may 'present interesting value propositions' – his picks are Lochard Energy, Serica Energy, Xcite Energy and Valiant Petroleum.
"Lochard is at an interesting inflexion point," he says.
He points out that Lochard has a 10 per cent stake in the Athena field which recently achieved first oil, as well as other assets in the UK continental shelf. He also highlights that the shares are down 20 per cent in the past year despite this achievement.
However McGeary says the fact that Lochard has just appointed a new board of directors may mean that M&A is unlikely in the short-term.
Looking elsewhere the analyst believes Serica Energy is potentially attractive because of its Columbus discovery and its UK tax losses – which he says is worth more than the company's current valuation if it can be utilised against production.
"Serica stands out as very good value at current levels."
McGear adds: "We expect management would (rightly) view an offer at current levels as unattractive so a takeover would probably require a significant premium.
"However, some sort of M&A in connection with the UK assets, to gain the benefit of UK tax losses, may more readily achievable."
Meanwhile McGeary says Xcite Energy and Valiant Petroleum both have good assets and are trading at or around two year lows – and he reckons this makes them interesting from an M&A point of view.
Posted at 04/4/2013 09:38 by therealdeal5
Hendersons & PMG have an affiliation so it's inevitable, you can argue all you like about it, it's happening, TC classed hendersons as Quality Investors, so look at jamie brookes holding & hendersons, it's done fellas, i wish it was a cash offer but i doubt it will be, unless TC puts more of his won cash in which i doubt, he may have the loan arranged for two or three acquisitions already, so not necessarily going to dilute even further, he said banks were queuing up at his door, also foreign companies/investors were in his offices, believe what you want this guy is a Genius when it comes to raising cash & getting quality investors aboard, GLTA DYOR as always, M
Posted at 28/3/2013 15:49 by therealdeal5
Hendersons have a lot to gain here these are the major shareholders in Lochard, you can see hendersons & jamie Brooke are in the same company, they both have a lot to gain if trap offers 1 Trap share for 3 LOCHARD shares, would look like a decent premium to some but not to all, paper is coming our way i reckon but this is just my opinion.

LOCHARD
Major Shareholders
Shareholder Type Amount % Holding
Jamie Brooke - 86,651,883 28.99
Henderson Global Investors Limited - 86,651,883 28.99
R J Barby Esq - 19,880,671 6.65
Gardner Marketing Party Ltd - 17,428,421 5.83
H L Gardner - 16,428,422 5.50
Seren Capital Management Limited - 14,002,000 4.69
Director Holdings
Name Type Amount % Holding
Mike Rose - 3,781,570 1.27
Peter Youd - 40,000 0.013

TRAP
Major Shareholders
Shareholder Type Amount % Holding
Miles Newman - 23,203,402 10.27
JP Morgan Asset Management Holdings Inc - 22,531,300 9.97
Paul Curtis - 11,531,000 5.10
Schroder PLC - 11,448,331 5.07
Henderson Global Investors Limited - 10,820,000 4.79
BlackRock Invt Mgmt (UK) Ltd - - 3.95
Capital Research Global Investors - 8,447,047 3.74
Elliott Management Corporation - - 3.40
OCH Ziff Capital Management - 7,177,000 3.18
Director Holdings
Name Type Amount % Holding
Paul Collins - 4,973,347 2.20
Mark Gidney - 4,973,347 2.20
Trebor Jones - 2,804,902 1.24
Posted at 25/2/2013 18:29 by bomfin
Winston

I appreciate and accept your comments.

It was unfortunate that I misinterpretated your intentions. I apologise for that.

I'm not happy though with Ithaca, Trap or indeed Lochard about their disclosure regards the Athena asset. It's so Material to Trap and Lochard's value so regular updates about production are important. It's totally unfair with that those with inside
info have such a head start over other investors when there is so much value wrapped up in one asset.

My feeling rightly or wrongly is that Trap do monitor the ADVFN board and that annoys me since I've got quite a sizeable investment in Trap.

you advised me to phone them. No! They should keep investors informed.

Needing Bletchley type skills to decode their presentation info isn't funny either.

GL to Trap and Lochard holders with Athena.

So, I'm more annoyed with Trap directors than I am with any other investors and posters on these boards.
Posted at 22/1/2013 13:07 by bomfin
Falklands.

Because I am a private investor who does many hours of research every week.
I use these boards to try and assist other investors and share information. I'm grateful when others share real information. Final advice is always though that these are only my opinions and people should do their own research and make their own investment decisions.

What Lochard investors really need is a detailed update about your one asset so any new investors can make an informed decision as to invest or not. imho dyor

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