Met Ltd Nm Share Discussion Threads

[nanobrain] 20/12/2005 12:53

REGEN T....easily.... 10 to 20 bagger!

[fur] 20/12/2005 12:06

pacific media to be the star in 2006.

[frank spencer] 20/12/2005 12:05

One at a time please.

[frank spencer] 02/12/2005 10:22

DOW 11700 ....9500......11600
S&P 1340......1050.......1320
NASDAQ 100.....1890.....1400.....1870
FTSE 6500.....4750.....6400
GOLD 600.....400.....500
OIL 88......45......49
COPPER 220....120.....150
£:$ 17700....15000...15100

[frank spencer] 02/12/2005 10:19

"I owe a moral obligation to institutional shareholders who have backed me to rebuild the company," said Timis. "I will bury my own ashes if I fail to resolve the problems (with Regal's licences) in Ukraine. And then I will take the company's shares to £10." Frank Timis 04/Mar/06




The last year has been on the turbulent side for Regal shareholders, who have seen the share price and the fortunes of the company go from a little acorn into an oak tree and then back down to a twig again, from £1 to £5.15 to 23p to the current level of 40p.

Regal have the following assets:

1)$33mln cash.
2)The freehold of a building in Mayfair.
3)22mln boe minimum in Greece, currently farmed out to the Government there.
4)The rights to explore 5% of the land mass of Romania, which has anything from zero upto 650 mln boe.
5)a 100% interest in an Egyptian field, where drilling begins this year.
6)Finally, a production licence in a huge Ukranian field, which has recently been withdrawn in a second level court in Kiev.

The asset value of this company is extroardinarily difficult to work out, as so much of it is potential, and so little of it is proven reserves, except Ukraine, which has at least 170mln of proven and probable boe, and probably at least double that.

Without anything in the Ukraine, Regal is worth anything from 20p-£1.50 imo, depending on what value you give to licences in Romania and Egypt and what value you give to 22mln boe+ currently controlled by unions in Greece, plus the fixed assets of property and the slowly diminishing cash pile.

It is the Ukraine which is key to the value of Regal. With it, the company is worth £3+, and without it, and no compensation, current value is about right imo.

The Ukraine legal wrangle may take weeks or years to sort out.

See post 1 for details.


53


DATE......SHAREHOLDER.........SHARES..........PERCENTAGE
28.02.06..Man Financial......10,407,401.........8.10
13.03.06..Cantors.............5,226,556.........4.06
20.02.06..Merrill Lynch......12,087,030.........9.41
21.01.06..Frank Timis........23,377,387........18.19
07.12.05..Capital............10,280,000.........8.00
17.06.05..Charlemagne.........3,951,371.........3.07
12.05.05..Bank of NY,Lux......3,994,410.........3.11
02.03.06..Hendersons.........17,970,000........13.98
22.04.05..Artemis.............5,755,310.........4.48
19.05.04..Schroders...........4,433,100.........3.45

Total..........................................74.85
Other previous major shareholders, like Credit Agricole, Morgan Stanley, Fidelity, Commerzbank, Goldman Sachs, UBS, Deutsche Bank and Lansdowne Partners may hold no shares or upto 2.99%.


The bottom line, in my opinion, is that the Ukraine is now a free option at current levels.

[pommy] 07/7/2000 00:17

So no suprise, our bid for 2006 WC has failed, but what intrigues me is the voting.

Round 1
Germany 10
S. Africa 6
England 5
Morroco 3 so Morroco go out

Round 2
Germany 11
S.Africa 11
England 2 so England go out.

Round 3 results at 14:00 CET. Big Rumours GERMANY get it with a deal done to give it to S.Africa in 2010

Now wht did we get less votes second time than first. Surely this is because it was arranged that to save a bit of face some people would give their votes to England to get them past Morroco then dump them!!

[dil] 06/7/2000 19:23

So World War Three to start in Germany in 2006 unless an answer to the hooligans is found !

Doubt if England will qualify anyway.

Dil

[fft] 06/7/2000 13:22

And Hessen Rundfunk 3 followed up live coverage of the results with .....

'3 lions'. Was this an attempt at irony ?

[pommy] 06/7/2000 13:08

CONFIRMED GERMANY GET IT 12-11. Stupid KIWI abstained!!
If he votes S.AFrica, Sepp Blatter makes deciding vote and he favoured S.Africa.

Rumour is that Asia block voted for Germany, which was against Blatters choice as they wanted an Asian leader of FIFA!!

Politics and sport doesnt mix - Who said that????