We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Ramco Energy | LSE:ROS | London | Ordinary Share | GB0007219479 | ORD 10P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 49.50 | 0.00 | 01:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 49.50 | GBX |
Ramco Energy (ROS) Share Charts1 Year Ramco Energy Chart |
|
1 Month Ramco Energy Chart |
Intraday Ramco Energy Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 13/4/2017 | 05:06 | ROS .. the gamblers anonymous thread !!! | 40,080 |
| 13/9/2011 | 21:00 | Drivel Freely | 192 |
| 14/7/2010 | 19:58 | RAMCO ENERGY - The Independent Energy Group | 1 |
| 03/7/2010 | 12:45 | Ramco with Charts & News | 75 |
| 22/6/2010 | 11:57 | RAMCO ENERGY - The Independent Energy Group (moderated) | 46,775 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
|---|
Posted at 13/4/2017 02:55 by temmujin what happened to this share guys? |
Posted at 15/5/2011 12:44 by lady jennifer bones698 - 15 May'11 - 12:34 - 10682 of 10682 - someone made a good point that if we conclude a successful sale at a good price, my guess is that would mean 50-100m then the city will then have to take remp seriously again as he would have created great value from very little. so what will be important is what gets said going forward. after the sale we will be a cash rich company looking forward to the next big thing and with cash to back it further thus creating even more chances of success in that venture. the sale will be for the 80% we have so forget the managements 20% that will not come into the figure we get in the rns as it has nothing to do with the sale imho. 75m seems a resonable guess at this time although a figure of 120m+ well within reason given the assets are worth over 200m+. as for the share price i dont see any reason to trade at a discount to the sale value simply because we will have very low running costs going forward, remember our biggest cost has been running serl over the past 3 years and that will have gone. monty , seamarine and mpc are what will be focused on next and the city will have to view these seriously this time and even add value for them as news starts to come out on them, monty due this month marine next month.mpc who knows and like always will be discounted until fundamental news appears if that ever happens. so if we sell our 80% for say 75m i would expect at least 100p share price 4.3m loan repaid and e@y costs leaving us with 68m approx with 69m shares in issue.that would be the initial rise imho with a period of consolidation and looking at our other prospects awaiting news on them which could again move the share price if positive. valuing the company at cash minimum means that the city give no value to logp,monty,marine and mpc which i think is unlikely given the probable success remp will have shown with sea. logp is worth 4-5m alone at this time to us.marine appears to be the next big venture though and news of a contract close to the sale completion could spark another big surge in the share price other things that will influence the share price is quick buck merchants jumping onboard, change in sentiment by the city towards sea,future ventures and deals. first things first though and that is how much we get for our 80% of serl. 50m is the absolute minimum for me and i would not class that as the best result. 75m a good result and 100m+ a great result. so as far as share price goes 50m 70-80p 75m 100p 100m 130-150p 125m 160-175p 150m 200p+ |
Posted at 27/1/2011 08:55 by bones698 hi skirbell. i dont see anything worth keeping hold for in the near term after the sale to warrant staying in this share anymore. the game has changed so much over the last 2 years from having two potential massive plays in iraq and serl to being left with neither and selling one off too ealry to make the real money that i dont see the point of staying in.marine may have some potential but its a few years away before it would get going and thats only if they get investment for it which given they couldnt raise 40m for serl looks bloody unlikely to me. |
Posted at 25/12/2010 22:19 by bones698 a philosophical look back at 2010 where sea is concernedwe started the year on a high with the round 3 announcments when we hit 80p, we all thought that was the start of a meteoric rise and the past was consigned to history, prospect of an asset worth hundreds of millions in 2-3 years and even mpc still in the mix. what happened next well i believe remp expected more than one ste from r3, that was hinted at when they said they had bid on several sites, the fact we got one resulted in a little dissapointement ,and although a major success that was in itself resulted in a drop back to around the 50-60p mark, i hope to find out if that was the case in due course when i talk to the team after the sale. anyway next we had a period of no news and some manipulation from cantors and lanstead it seemed and the share price started to drift. we then started to look at funding these projects to consent stage which required 40m as stated in the brokers note.at that point given the market conditions and possible remps past in raising money some concerns started to be highlighted , as it turns out they were correct. this alone wasnt particularly bad news when they announced the serl sale but in that the announced mpc were looking at 6 rigs but if that failed they would call it a day, one of the worst worded rns's i have ever read tbh but thats my view. the share price got trashed from 30p+ to 18p not exactly what anyone wanted or expected considering the start to the year we had. newsflow was slow and when it came poor . from there we all know the story we have bumbled along and even the signing of the costco deal and ampleman did little to create enthusiasm in sea. lanstead continued to dump as seen in the rns. all talk then turned to the sale of serl and what it would fetch, the simple problem remained even with some excellent research and some other sales that no one knows what it will fetch, the city also would find this impossible to value until the rns and so we have bobbled along awaiting that news. even talk of monty,logp have failed to spark the share price back to life and until we get the sale it is there we have remained. 15m, 20, 40m, 100m who knows but whatever we get i think it will be hard to get to a figure that anyone could class 2010 as anything but another disappointing year for sea holders and management team. our two biggest prospects look to have been lost, mpc looks unlikely but still ongoing and sea what would have been worth a fortune in 2-3 years sold i suspect cheaply in comparison. that leaves us possibly with x amount of cash but not much on the immeadiate horizon in terms of prospects. sea marine seems to have been the one positive prospect but given the costs involved and our problems with financing then we will have to see. after all that two things still require resolving , mpc and price for serl.sea will fetch what it fetches nothing more can be done on that front. mpc has gone too quiet for my liking hence i think dead but maybe they await serl money to progress this also, who knows. once serl is sold then all attention will again be on what the company has planned going forward, logp , mpc, monty, marine none of which look close to bringing in any cash or excitement in the near term and with a share and history like ros/seas one thing we do need is good positive action and newsflow to finally get out of this rut.focus again for many seems to be on revenue generation and prospects. wether you agree or disagree on any point the fact remains the share price is near all time lows so 2010 looks to have been a disaster but with the hope that 2011 could get off to a similar start as 2010 was with the serl sale.lots of if's and but's back in the mix again, we need clarity,action and prospects and confirmation on just what we have (monty). i look forward to seeing the figure for serl whenever it comes and reading an rns outlining our future, wether i like it or not remains to be seen and i think that is common for many pi's, some will not even read the future prospects bit but call it a day after the sale no matter what is said, ran out of patience, disappointments,slow news,changes of direction, loss of faith in the management etc etc others will stick with it a while longer looking at the future prospects and potential, either way 2011 looks to be another year of change. good riddance 2010 and will 2011 actually be a better year? well i dont think it could be much worse than the last so here's hoping, will serl sale be a dream start again? |
Posted at 03/12/2010 12:30 by bones698 also noted that they have increased their loan by another 250k again so by the time sea swaps it into shares they will have control of logp again although the equity arrangement with lc still remains so they are infact in control of the company.timescales still look to far away to generate much interest and thenew license they have bought into isnt that inspiring with only 10m boo reserves tbh, still its more than they have done for over 3 years. serl sale is beginning to take the urine as always with sea its down to the last minute and beyond, considering it first started off as being around 2 months and although the timeline has been extended due to interest they are now making done by xmas look very close to the wire. always the same with sea and i think this will be the last straw for many. lets just hope they get a super price for serl, more than we expect, although i still cant see 30m give or take a few mill being beaten. i hope to stand corrected but i dont think i will. one thing that has frustrated me was the sale of a world class asset in bulgaria for peanuts. its turned into a monster and was sold for next to nothing. there were reasons at the time as cash was very tight and hindsight is easy to use but it has annoyed me that we seem to have kept less prosperous assets and sold the gems for peanuts |
Posted at 30/11/2010 01:08 by bones698 Lol hi bunji btw. Well not many days left before we know the price for serl and the future plans for sea. Both are important as they will decide weather many people stay or go I suspect. Interesting share price movements last couple of days but I am beginning to think that it may well be traders getting in on t20s knowing serl news is due.really hope that mpc can be resurrected as that is one of the only things I would stay for even if the chances are slim it may justify a few months longer. Sea marine doesn't get me excited at all with lots of risks and possible big outlay required which would hit the money gained from serl in coming years. For me there has to be a very good plan covering different options and scenarios as anything can change and if they are not prepared then it could turn sour yet again. Many strings to our bow used to be the moto here , it needs to be so again with cash on the hip and used very wisely and sparingly . Also early income Is a must to settle cash flow worries for the forseeable future , something we haven't had since the tube buisness hmmm One note of interest so to speak is interest on 30m would be about 1.5m easy and would cover the running costs of what remains of sea going forward imho |
Posted at 26/11/2010 21:40 by bones698 interesting, i just punched in a serl search and found an article which says ambrian see a 70% upside to the sea sp, that was on 30th sept when the share price was 23p, to me that indictes they expected the sale price to be around 40p or 25m region, add to that this may have been whatthey initially thought until the chinese got involved and maybe most guesses of 30m for serl look very likely. i dont see ambrian not having had some indication from remp of what possible buyers have indicated they would pay. not seen that before ie the 70% and interesting when you consider their borkers note said it was worth far more only a month or two prior to that at 121ptop line of that link |
Posted at 25/11/2010 21:28 by bones698 hi mate wtf is a lager top, certainly sounds like a southerners tarty drink lolas for logp i am totally of the same opinion as you with regards to logp being a waste of space as it stands now, ie potless etc but that would change with sea buying it back and hence why i raised the possibillity. star at present are concentrating on what they have and a few other things and there are plenty of operators around not just logp , maybe considering they have not long bought the asset then maybe they will want a period of getting to grips before buying other assets. its a long shot i know but i just cant understand why sea have lent logp £800k aprox if they intend to do nothing with this asset going forward.another interesting point is that if remp converts that loan to shares then depending on exactly what price the conversion is done it could take sea back over the 50% holding of logp and some form of control. also the director resigning last month makes me think he wasnt happy with what was about to happen and so has left, but that is open to debate. as for sea going forward i also agree that i am not very impressed with sea marine going forward and unless there is quick progress on something i will not be staying around for it unless serl sells for 50-100m, mayber then i could be perseuded to stay a bit longer tbh, anything less which tbh i expect and i will not be impressed with the prospect of waiting another few years for anything to happen. time is running out for remp to actually achieve what can be classed as a success, maybe serl will provide it with a big sale price but i am not confident of this happening. mpc looks dead, logp not exactly awe inspiring but as shown could be quite useful, sea marine anothe long wait with many possible problems, monty totally unknown at this point. so not much to look forward to in reality. always the chance remp could pull a few master strokes but i dont see much of the above doing that so unless something else we are unaware of appears and looks very promising we will have to see. i intend speaking to remp once the serl sale is complete to discuss the future and how they will be spending the money and letting him know my feelings on his answers. remp has said the sale will also contain info on what the company intends to do with the money so i will wait until that appears before doing anything. trying to remain as positive as i can but this share has been a disaster really. still he who dares rodders :)) |
Posted at 23/11/2010 08:14 by skirbell Interesting thoughts on LOGP however I don't buy it. Firstly I've never rated LOGP's assets and always though ROS/SEA would have done far better selling all their shares rather than retaining a stake. I expect that the reason SEA have kept 800k losses has little to do with taking the shares and taking over the company. I expect it has more to do with LOGP can't afford to pay and to avoid SEA having to write off the 800k, they can keep it on their balance sheet. We may well find that once someone ponies up the cash for SERL, the 800k will get written off as they can then disappear into the balance sheet.I think that there are a number of flaws in your calculations that would reduce the profit and push up costs and these are, 1. While there is infrastructure in the area of 7 heads, I think it is more gas related. So it won't just be as simple as hooking the well up to the existing platform and away you go. 2. As you state, the oil is waxy and poor quality and not going to sell for spot oil price (usually quoted as WTI). It will sell for less than this 3. You've assumed 365 day production at full capacity. This never happens due to servicing, weather etc etc. I think 7h oil is marginal as it stands. If it were any different, LOGP would have a partner by now, with Star Energy (buyers of Marathon's Irish interests) being the most likely candidate. The fact that there isn't to me underlines the poor quality of these assets. I believe the proceeds from SERL will go to investing in Sea Marine and I can see cash being spent very quickly here. I wouldn't be surprised to see some investment in onshore facilities to assist in servicing turbines. |
Posted at 21/9/2009 09:53 by wrtmf gkp cey des, just some of those that have overtaken ros share price in recent months.i'll feel sicker than sick dog if nta eme do the same. al maarij or whatever his name needs to get a move on... (btw ros held its value well h2/08 h1/09 whilst others plummeted.) |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
