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PPE Proven

10.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Proven PPE London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 10.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
10.00
more quote information »

Plectrum Petroleum PPE Dividends History

No dividends issued between 25 Apr 2014 and 25 Apr 2024

Top Dividend Posts

Top Posts
Posted at 01/10/2015 20:21 by grosvenor
PPE is a VCT and is going XD on 8/10/15 with a 30p dividend. The share price is only 79/85p . Since that is over 30% return on the 85p buying price. The shares are traded at the moment at extremely low volume. As you can see, there is a 6p spread, which means (assuming the share price remains reasonably stable, which it has over the last year) . This means a 24p profit per share. So on 1000 shares for example, x 24p = £240 profit less dealing costs, say £25, still leaves £215 possible profit (21.5%)


Usually as you know, when it comes XD the share price drops. I cannot see it dropping by 30p! , the amount of the dividend payout. I have contacted Hargreaves & they said dividends from VCT's can be paid from assets giving profit. Since this VCT had 7 companies & now has 4 it would appear they are able to pay out this high dividend from profits already made selling the 3 companies.
On the downside, the share price drops 30p which means the dividend is wiped clean which gives 6p loss per share X1000 shares = £60 + £25 dealing costs over a couple of days.

Any ideas anyone?
Posted at 28/8/2007 12:03 by aim_trader
"28th August 07 Plectrum Petroleum: Will advanced technology pay exploration dividends?

Plectrum Petroleum is an early stage exploration company with big hopes and some interesting exploration areas. Investors will be hoping that the experienced management, and state of the art technology, will deliver higher than average commercial strike rates "
Posted at 15/5/2007 19:07 by steelwatch
Plectrum Petroleum PLC
15 May 2007


Plectrum Petroleum Plc

RESULT OF AGM

Plectrum Petroleum Plc ('Plectrum Petroleum' or 'the Company') (Ticker: PPE),
the AIM listed oil and gas explorer, announces that at its Annual General
Meeting held today, Tuesday 15 May 2007, all resolutions put to the meeting were
duly passed.

At today's AGM, Executive Chairman Mike Whyatt made the following statement:

'I am pleased to report that since the publication of our Annual Report we have
had interest from the industry in participating in the exploration of each of
our assets in Tunisia, Australia, Peru and the UK.

'This industry interest has of course to be converted into farm-out deals,
however judging from the number of enquiries and visits to our dataroom we are
hopeful of making that happen.'


Contact etc:


For further information, please contact:


Plectrum Petroleum Plc

www.plectrum.co.uk

Mike Whyatt, Executive Chairman 01330 826 710


Blue Oar Securities Plc

Olly Cairns 020 7448 4400


Aquila Financial Ltd www.aquila-financial.com

Peter Reilly 020 7202 2601


This information is provided by RNS
The company news service from the London Stock Exchange
Posted at 25/4/2007 15:41 by gbrownings2
anyone any idea what PPE are up to? Been holding their shares for a while now and watched them climb and fall.
Posted at 04/1/2007 20:11 by jumbo66
Shrewd Snapshot: Cantor increases Plectrum stake
Published: 09:10 Thursday 04 January 2007 TOTAL PAGES: 1
By: Dylan Lobo, Assistant Editor, Citywire Funds Insider Printable Version Email A Friend


Related Articles 31-05-2006: Shrewd Snapshot: Bonham Carter backs recruiter
23-08-2005: Boardroom Sweep: Debt Free Direct money man buys


04-08-2004: Wednesday Morning Market: gloom shrouds upbeat statements

Cantor Fitzgerald has added to its stake in Plectrum Petroleum through the purchase of 975,000 shares in the AIM-listed oil services group.

The acquisition increases Cantor's stake in the £18 million firm from 12.69% to 13.2%.

Last month shares in Plectrum (PPE) shot up after its partnership with AIM-listed Gold Oil (GOO) was given the green light by Perupetro, which is owned by the Peruvian state, to start exploration work in offshore Peru. Plectrum has a 50% share of the joint venture.

Other shrewd investors in Plectrum include Artemis Investment Management, which holds a 9.94% interest.
Posted at 26/10/2006 13:06 by nicksig
Hi Leeson. Long time no hear - hope things going well for you. Good luck here with PPE. :-)
Posted at 25/10/2006 10:27 by stuart14
nicksig, agreed. PPE only has Z34 in Peru though. Their African projects look good though.
Posted at 25/10/2006 10:16 by stuart14
Nick, XXi is onshore, Z34 is offshore.

XXi has been drilled and is going to testing. Z34 hasn't even had the 3D seismic done on it yet.

I agree Z34 could be an elephant,but it is years away. So are most of PPE's African projects.

PPE looks great for the future, but it is a lot further down the line than the potential company making news flow from GOO which PPE have no interest in.
Posted at 25/10/2006 10:13 by nicksig
Yep Pem, but if XXI is as big as we think it is this will have a huge knock on effect for Z34 and PPE
Posted at 25/10/2006 10:11 by pembury
ppe are drilling partner on Z34 not XXI. goo are 100%.

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