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Petroceltic Share Chat - PCI

Share Name Share Symbol Market Type Share ISIN Share Description
Petroceltic International LSE:PCI London Ordinary Share IE00BB0QZ876 ORD EUR0.3125
  Price Change Price Change % Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +7.25 +15.68% 53.50 53.00 53.75 53.75 49.00 49.00 221,280 16:35:24
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 100.9 -174.6 -92.1 - 98.74

Petroceltic Share Discussion Threads

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wv can pick this company up just need to sort out a partner who can run it as there an investment company , most pci employees will either walk or get fired Algerian asset still massive , there's more to be made here again at this price via the trading route and long termrallyman2
Disturbing indeed!Reporting on PCI activities dating back 2010 and making assumptions to why Iberdrola ended partnership.Also the 66 management expat.paid at unsustainable level. Who was mentioning governance and lack of transparency. If anything true in Le soir d'Algerie journal then the board has many answers to provide. Unfortunately,with little prospect of funding and negative news I can only see one outcome. Well done the board of Petroceltic, not for your incompetence but for your lack of honesty with the people who have paid your far too high salaries for so long.If any wrong doing I hope there is a judiciary outcome.goldencrosskiss
Hi bizana, can't get into link for some reason. Can you give me a brief on it please, Thanks.nextull2
PCI continues to suffer from the most appalling management. Cash runs out in 6 months. The bond issue was a non-runner and the only possible way to raise cash will be by way of a placing of at least a billion shares at an enormous discount. But I don't think they will get that away either. So the only option is a fire sale of Ain Tsila. I think this likely in the short-term. Otherwise, without cash, PCI will collapse. In hindsight PCI was going down the tubes courtesy of its Board but the arrival of WV has been an unmitigated disaster that accelerated the process. Of course for WV it may prove the opposite. What if they have the resources to take out PCI at this price level and to restructure the project? Prior to the vote at the EGM 25/02/2015 I was categorically told by senior management of Ain Tsila that if WorldView succeeded they (senior management) would quit the project.bizana
All types of mud seem to stick now. But if you say it then it must be the truth!! Remember its not Defamation if its the truth so you should have no problem coming out and revealing yourself.hayfield
apparently the whistle-blower posted some evidence about PCI here: hxxp://pastebin.com/Tux8M7Gk. Geoff Probert’s solo venture is named “London and Paris Energy”. Stevenson claims he has been working for ’15 years with Petroplan’. Osiris Trust Limited is registered under the number “C 36153” and registered at KPMG address on 4 V. Dimech Street. Orbis Holding is registered under the number “C 20963” and at the same address as Osiris.exposureandtruth
hxxps://www.progility.com/investor-relations/directors .....His last role was as Group Finance Director of office2office plc, guiding it through to its sale in October 2014. Prior to that he was CFO and CEO of Dawson Holdings PLC, overseeing the reversal of its decline, the growth of its constituent businesses and, in August 2011, the sale of the group for a significant premium. His early career includes spells with Procter & Gamble, ICI PLC and S Daniels plc.sawney
I see Big Brain is adding more expense to the running of the inept BOD. Sadly this and countless other waste of funds has meant the direction of PCIs share price is not the same of BBs waistline.seangwhite
I added another 15k yesterday afternoon.In for a penny, in for a pound!hayfield
Big Brain will obviously want to waste a deal of shareholder cash to try and deflect attention from his underperformance in a fruitlessegal action.It is obvious that both he and Wee Tom have watched over a complete destruction of shareholder equity whilst stuffing his big trouser pockets with money via his outrageous contract of unemployment.The spectre of BB actually explaining his logic for wasting so much money in Kurdistan would be one to sell for a premium.Wee Toms big reputation has been well and truely squashed by BB sitting on him and staying in place.GLTAseangwhite
Fatso has seen the credits rolling for years but wheres a crane big enough to carry his carcass to de knackers yard?hermana3
Looks likely that the spat between WV and BB is going to end in tears for all involved with PCI.Seems strange that no other entity wants to buy the assets on the cheap which sub 50p surely is.BB can bluster and f*rt as much as he wants but his time as the Big Man at PCI seems over.GLTAseangwhite
And wear Raybans and fond of big powerful cars too!!!!hermana3
That blog is pretty amateurish and it's hardly the earth shattering expose it seems to think it is. Stop press! Oil workers get paid lots of money and the directors own expensive properties....zzzzzzsludgesurfer
sean do you think theres a possibility that they ll hit 25 a penny share who would ever have expected this turning this baddoohoma3
My sub 50p prediction of a few weeks ago has come to pass.seangwhite
Maybe pci should hire the blogger when they find out who it was,just think how it would benefit the share price if they posted a positive blog about big bri...then again that may be a tall order even for a anonymous blogger.bu5boy
WV seem to be on a vendetta against Big Brain and in doing so have exacerbated the drop in value of their holding.BB has as we can see managed to decimate shareholder value by his lack of judgement and general incompetence compounded by his own 'big' personality.Whether he has been or others around him at PCI involved in dubious practises I do not know as his period at PCI has been a complete disaster on every metric one could apply. The use of more PCI money to fund a fruitless court case just demonstrates his ego is more important than running the Company. WV are locked in what seems a 'corporate death spiral' with BB and something has to give in the end.If BB escapes and stays in place the share price is going down even more. GLTAseangwhite
WV also hold a large number of shares so any damage done to PCI, they do unto themselves. It's not worth it. WV dont have a mandate to own and operate companies but they should be able to push for a board change with 28%!fordian
i hope wv are not that stupid as its a serious offence , lets see when the court uncovers the truthrallyman2
Big money being lost here so nasty it is!hermana3
Bloggers could be connected to WV. It would make sense as the whole thing has got nasty.hayfield
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