Matra Petroleum Share Discussion Threads

[greenian] 02/2/2017 21:40

I have shares in matra with motley fool, I have never
Done any thing with, can any one tell me how to
Sell shares etc and what do we think the value of
500000 shares will be ?

[calmtrader] 02/2/2017 14:17

beggar Roman Shvets ...give urals access to cash other small russian oil cant get

[beggarman] 02/2/2017 14:09

calm - Who's money is behind Adler? Aren't they an intermediary?

[calmtrader] 02/2/2017 13:33

alder 44% holder of UEN wouldnt sell out on the cheap..they have got UEN into fantastic shape and they certainly know the true value of UEN

[budgetbond] 02/2/2017 12:59

They were certainly interested in them a couple of years ago - it would be a very interesting deal if it happened

[beggarman] 02/2/2017 12:22

budget - What if Matra are buying UEN! You will end up with a load more Matra shares.

[budgetbond] 02/2/2017 09:47

Let's hope Matra goes the same way as UEN!

[nedhammers1] 01/2/2017 15:13

£12.50 lol

[nedhammers1] 01/2/2017 15:12

Thanks SuperT and All. Some info to those that are looking to transfer to a broker that deals on the Swedish stock market. I'm going to use This is money, they have teamed up with the Share Centre and offer a flat fee of £1250 for a transaction and no admin charge. If you phone them they will send out the transfer forms and talk you through the process 01296 414642

[canny lass] 01/2/2017 14:51

tammy14,

I'm with TD also. So sometime on or following the 6th February our MTA account holdings will increased by 5-fold. Unfortunately these shares will not be able to be traded, as will not be listed on any trading market.

At sometime, late March at the moment, our shares will be consolidated on a 1000:1 ratio at which point MTA will then be listed on the Swedish market allowing trading to commence.

About 8-weeks and counting until we find out our destiny. I for one have faith in Barsky and might possibly be looking to add to my holding once shares are listed.

[tammy14] 01/2/2017 14:13

This is what I found on mt TD

MATRA PETROLEUM
Event Type Scheme of Arrangement
Description Scheme of Arrangement Effective date: 18th January 2017 Terms: 5 New Matra CDI in exchange for each Share held Pay date: 6th February 2017 Matra Petroleum Inc has announced they intend to enter into a Scheme of Arrangement, subject to approval at the court and EGM to be held on 12th January 2017. If approved, the scheme will become effective on 17th January 2017. Under the terms of the Scheme, holders will be issued with 5 Matra CDIS in exchange for each Matra Petroleum Plc share held. The new Matra shares will be held the in UK as Crest Depositary Interests (CDI's) however, it is still unclear if there will be a UK market for them. The new shares are expected to be issued on or around 6th February 2017.

[supertedsmith] 01/2/2017 13:20

Other words Old Matra shares no longer exist /as of yesterday

[supertedsmith] 01/2/2017 13:17

Ned 31 January was last day of dealing or transfer of OLD Matra sharesCREST disabled sane day CDIs will be issued at latest by 17 February .The listing price won't be evident until we can physically deal them on Swedish stock market -in theory by end of March at latest Market reaction , any news as well as if offering any discounted shares will effect price .

[budgetbond] 01/2/2017 11:09

nedhammers, I'm not sure when we'll get visibility of the share price.

Does anyone know?

[nedhammers1] 01/2/2017 07:25

Please remind me, will it be listed on Friday, the share price? 3rd of Feb ?

[calmtrader] 31/1/2017 16:41

o/t i forgot to mention they are also looking at paying divs...and bought all their new reserves @ 8 cents a barrel!!...its currently a 10 bagger

[budgetbond] 31/1/2017 16:39

I had about ten shares, including Matra and UEN, on my penny share watch list about seven years ago ....and one of them (a cancer drug company) became a 250 bagger!

[calmtrader] 31/1/2017 16:30

they are being valued on the basis of when they were badly run company 3 years ago...company have been transformed...they are making money and have little debt and additional reserves to drill!! and currently on 2350 bopd net back approx $38 and have a refinery

[budgetbond] 31/1/2017 16:12

O/T calm, if a bid was made at 12.5p 2 years ago and their financial position has only improved, then 4.75p clearly under values them

[calmtrader] 31/1/2017 15:00

good man budget UEN has a great feel about it

[budgetbond] 31/1/2017 14:58

Calm good point O/T I've upped my stake in UEN, it's definitely on the move now

[budgetbond] 31/1/2017 14:55

Superted, don't worry I don't take it personally, our jousting is a good bit of banter

[calmtrader] 31/1/2017 14:25

the majority of a shares valuation is based on expected earning not current..so a share that lets say produces 2000 bopd and is expected to produce 2050 the following year and the year after that wont be valued as highly as a company thats producing 850 and could be producing 3500 in a couple of years and has loads of drilling planned..

[supertedsmith] 31/1/2017 14:18

Budget It's all said in jest - don't take it personally All along I said would get 0.2-0.4 buyout of some sort I sincerely hope am wrong .

[doxford] 31/1/2017 13:39

It's not too long to wait now and perhaps the veil when lifted will reveal the true nature of the mta beast at long last?