Share Name Share Symbol Market Type Share ISIN Share Description
Roxi Petroleum LSE:RXP London Ordinary Share GB00B1W0VW36 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 10.125p 9.75p 10.50p 10.125p 10.125p 10.125p 285,843 07:56:16
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.7 -1.3 0.6 15.5 94.92

Roxi Petroleum (RXP) Latest News

More Roxi Petroleum News
Roxi Petroleum Takeover Rumours

Roxi Petroleum (RXP) Share Charts

1 Year Roxi Petroleum Chart

1 Year Roxi Petroleum Chart

1 Month Roxi Petroleum Chart

1 Month Roxi Petroleum Chart

Intraday Roxi Petroleum Chart

Intraday Roxi Petroleum Chart

Roxi Petroleum (RXP) Discussions and Chat

Roxi Petroleum Forums and Chat

Date Time Title Posts
27/9/201618:36ROXI PETROLEUM PLC33,528
20/4/201612:31Moving Forward...325
08/9/201410:12Roxi Petroleum Plc - From Explorer to PRODUCER151
21/7/201414:04Roxi - Onward & Upward14
22/2/201223:59Roxi Open Thread No Rampers or Golfers Please240

Add a New Thread

Roxi Petroleum (RXP) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
View all Roxi Petroleum trades in real-time

Roxi Petroleum (RXP) Top Chat Posts

Roxi Petroleum Daily Update: Roxi Petroleum is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker RXP. The last closing price for Roxi Petroleum was 10.13p.
Roxi Petroleum has a 4 week average price of 10.26p and a 12 week average price of 10.20p.
The 1 year high share price is 13.13p while the 1 year low share price is currently 5.75p.
There are currently 937,433,077 shares in issue and the average daily traded volume is 252,243 shares. The market capitalisation of Roxi Petroleum is £94,915,099.05.
togglebrush: This morning on a trawl through the Annual Accounts, looking for options, I noticed a major change in management strategy in April 2012. ‘ “Perestroika” (“restructuring”) and “Glasnost” (“openness”) introduced profound changes to old Soviet Union in 1992. In 2012 the accounts, Roxi did a reverse of Openness and restructuring ‘ Annual Report and Accounts 2011 ‘ These had the banner headline “Transition to Production”, Photographs, Maps, Graphics, and long passages of Dialogue in its 72 pages. ‘ Extract from accounts shows the necessity for change ‘ Future strategy…Given the Company’s financial constraints ‘ Management changes David Wilkes has agreed with the Board that he will transition his CEO responsibilities to Mr Oraziman, the Company’s largest shareholder and principal funder over the past few years, who has been an executive director since 2008 and who will become CEO, effective on 1 June 2012 ‘ Mr Clive Carver Non-Executive Chairman remains as Executive Chairman Mr David Wilkes Chief Executive Officer since left Mr Hyunsik Jang Chief Operating Officer since left Mr Kuat Oraziman Executive Director Mr Edmund Limerick Non-Executive Director remains recent buy 1.7 million shares , Ordinary shares in issue during the period 468,011,360 with share price of 4p at 03/01/12 ‘ Annual Report and Accounts 2012 ‘ These had NO Headline, Photographs, Maps, Graphics, and NO passages of Dialogue in its 50 odd pages. ‘ These were plain skeleton accounts which have continued to date ‘ Extract shows effect of change ' In contrast to previous periods the finances of the Company are robust. During 2012, the Company was funded by drawing on the increased US$7 million Vertom facility, which at 31 December 2012 was almost fully drawn. As previously advised Vertom is connected to Kuat Oraziman, Roxi’s CEO. ‘ We were delighted to sign the agreement with Kairat Satylganov in January 2013, for the investment of US$40 million for new Roxi shares to be issued at US$0.119 (7.4p) per share. To date we have called down and received the first US$12.5 million under the agreement which is being used to assist with the repayment of funds previously advanced by KNOC, other historic creditors and in connection with the on-going drilling campaign at BNG. ‘ NOW we still have plain skeleton accounts and are doing the old KREMLIN WATCHING to discover what is happening behind ROXI’s iron curtain. Share holders are in the dark and will “Abchurch’ make any difference ??? ‘ In conclusion whist Shareholders have been in the dark and shares in issue has more than doubled, the share price has risen to more than compensate for the dilution
ngms27: He maybe exceptionally wealthy and this is his gamble money. Several research articles have demonstrated that Director purchases no matter what the size are not a good proxy for future share price, in fact the shares tend to under perform. Make of that what you will!
togglebrush: Re Konil 33060 ' One Thousand and One Nights is a collection of West and South Asian stories and folk tales. Scheherazade begins to tell the king a tale, but does not end it. The king, curious about how the story ends, is thus forced to postpone her execution in order to hear the conclusion. The next night, as soon as she finishes the tale, she begins (and only begins) a new one, and the king, eager to hear the conclusion, postpones her execution once again. So it goes on for 1,001 nights. ‘ Roxi was established in October 2006 and listed in May 2007. First Revenue was reported for 2008 at $518,000 with no gross (sound familiar) and that annual report was 24 pages long (current is 61 pages) , Share Price opened at 44.50p on 22nd May 2007 and peaked at 74.70p on 20th July 2007 but by 7th October 2008 it hit rock bottom at 1p. Median Price during its life is 5.625, but for 5% of companies life was over 18.25p (mainly in early period). ‘ Clive Carver has been Chairman from early days and Executive Chairman since 2012 BUT has NO SHARES in the company. Other directors have shares Kuat Oraziman 374 million and Kairat Satylganov 205 million. Director’s remunerations (page 19) have a total $549,444. Company Loan from Vertom (KO’s company) pays 12% pa. So the directors are sitting pretty. ' Shareholders are NOT sitting pretty and even with 18 Board meetings a year they will not give results of the drilling . Page 13 extract says “Please understand though that it is often not possible to respond to specific information requests on drilling activities”. Good drilling data is what shareholders have NEVER HAD. ‘ Scheherazade spun out the series of tales for 1,001 nights. Clive Carver has spun his tale out for over 3,001 nights and expects shareholders to wait for 1,001 or more nights to hear the conclusion of first tales.
hallow: Must be big news coming here quite soon, Roxi management wouldn't delay this long just to release bad news which would lead to a catastrophic drop in the share price.
togglebrush: I have sailed the South Pacific and seen the musical of the same name so I know the benefits of "Happy Talk" and "You have to have a dream". Prices of Options are set by the board generally for insiders and represent a view of where they 'hope' future share prices will be. Then give options as an incentive, bonus, or whatever for those "who will help make the dream come true" at a future date. Dream of a share price of over 20p by 25 Sep 2017 Target price of over 65p by some time after 2018 ??? If you don't have a dream how are you going to have a dream come true ???
spacetomato: If, and that is if, the last RNS reflects indeed what the directors think the size and value of the field (s) are, we may indeed see a good revaluation of RXP share price. And, as far as I am aware, 2017 will be the year, as oil prices will be way over of what it is today, as I hear 70 USD a barrel and over seems right. China will wake up hungry and with a vengence. I say, be in oil to win.
themattbarnes: Motley Fool Shares in oil exploration company Roxi Petroleum (LSE: RXP) and payment processing company, Optimal Payments (LSE: OPAY) are making gains thus far today after the two companies released positive pieces of news flow.... ... Roxi Petroleum’s share price is up by over 6% today after the company announced that it has reached a deal to cancel royalty payments from its main BNG asset in Kazakhstan. In return for issuing shares in the company which make up around 5% of its enlarged share capital to specific parties, including Canamens and Sector Spesit, Roxi Petroleum will no longer be required to make royalty payments to those entities. This is viewed as a good deal by the company’s management, with it removing a future uncapped liability that may have limited its ability to access debt financing. As a result, Roxi Petroleum’s share price could begin to reverse the recent weakness that has seen it fall from 18p in June to its current level of 11p. Certainly, as a smaller oil company it remains exposed to a falling oil price and, in the short run, this could act as a brake on the company’s share price performance. However, with Roxi Petroleum’s flagship asset, BNG, being relatively high quality, it appears to have the potential to post encouraging share price gains over the medium to long term. And, with it having a price to book ratio of 1.5, there seems to be sufficient scope for an upward rerating to merit purchase at its current price level.
ridicule: Aaron. Twaintwit is clearly deranged to a point where I have filtered him. Anyone who is interested in oil exploration and sees 105m+ of oil in the ground as inconsequential compared with the difficulties over the hole to reach it(A5)has no credibility. Pre-salt drilling has been and always will be one of the most challenging drilling environments to recover oil. Anyone investing in RXP who did not understand this is foolish. Whether A5 is abandoned or not will clearly have an impact on the RXP share price in the short term, as indeed the difficulties with A5 to date already have had, but the oil is still there and other holes will be drilled to access it if necessary. As a value investor, I take a 2-3 year horizon on my investments. For what is worth, I do not think A5 will be abandoned. I say this, simply because the actual salt penetration zone of the drill (the highest risk area by far) went successfully and it would, therefore, be stupid to abandon that. I suspect the well will be sidetracked at higher levels nearer the surface to overcome the problem if the well does not clear through the cleansing effect of the oil that is still reaching the well head despite the coil and drilling mud restrictions.
johnwalton: The wider market is obviously not helping the rxp share price. But the company have in my humble opinion fubar the recent statements. I will not be buying shares until the test's are fully completed and results released and verified by a bona fide 3rd party.
leopold555: Leo, if geology of first core comes back good and initial news of second core is positive these will be rns'd and will the share price pretty instantly reflect this news? Yep IF the news comes out in the morning at 7am the just before 8am the share price will be something like 5 - 10% and that is before the market opens which is why it is good to get in BEFORE the news. When the market opens at 8am there will be an initial rush and the share price will shoot through the roof. At around 08:20 you will see it fall back again as short term profit takers go away happy with their profit Just trying to understand how much of the share price will come from "news" and how much from production? Ie if the above two points of news push price to say 30p (just picking at numbers) what would the price be when they start oiling? Still 30p as nothing changes or £1 say as the difference between "news" and "producing" is still a big leap? You will get the above rises on news alone by speculators who play that game. However the real money is made by the patient investors IF the story continues. Say a Speculator following this keeps buying in on the dips like the last few days and then tomorrow an RNS comes out to say NK-31 has marveloous news then this person may sell if the share price has spiked up 20%. Then he will buy back after the fall ready for the next news. The investors will maybe sell 20% of their holding and buying back after the share price goes back a bit resulting in the investor being able to attain more shares for his money so he is building on share volume. He is not looking for monetary profits at this stage but trying to get as many shares as he can by using the speculators habits :-) The investor will believe that this story is going to continue for a few years and his target maybe an share price of £2:50 in two years time say. So the more shares he buys now will pay big money later. Also some investors take their original stake out along the way so they end up having shares in the company already paid for and they are having a free ride.
Roxi Petroleum share price data is direct from the London Stock Exchange
Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:31 V: D:20160927 18:56:13