Share Name Share Symbol Market Type Share ISIN Share Description
Salamander LSE:SMDR London Ordinary Share GB00B1GC5238 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 79.50p 0.00p 0.00p - - - 0.00 05:00:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 291.2 28.6 -27.8 - 205.96

Salamander Energy Share Discussion Threads

Showing 5351 to 5374 of 5375 messages
Chat Pages: 215  214  213  212  211  210  209  208  207  206  205  204  Older
DateSubjectAuthorDiscuss
05/3/2015
13:53
In agreement with most of you - however it could have turned out a whole lot worse - just check out Afren - when debt is due and cash runs out - curtains!
nigelpm
05/3/2015
13:47
ammons - SMDR listed at 250p at the end of 2006 + the share price peaked just above 350p in Q2 2008. The value destruction has been pretty much relentless ever since (unless you were lucky enough to pick the bottom falling out of the equity markets later in 2008). Apart from the sharp drop/rebound in the oil price in 2008/09, the oil price has been at very attractive levels throughout SMDR's listed history until falling through the $80 level in Nov 2014. So I think it disingenuous to suggest that value destruction was largely as a result of "the oil price falling off a cliff". With the exception of 2008/09 + the recent fall, the oil price has been largely supportive. It would be v interesting to plot the SMDR share price against POO since they listed. Aimho.
speedsgh
05/3/2015
07:00
How much of the value destruction would you put down to events which SMDR's management could not possibly have reasonably foreseen? The oil price falling off a cliff for example?
ammons
04/3/2015
13:24
Value destruction? Yes!!! Salamander's management had long enough (eight and a half years as a listed company) and a couple of raisings, to get some sort of result for shareholders. Outcome? ........ share price fell from 250p at ipo to c.80p (including a small takeover premium). Obviously, a poor investment for anyone who held throughout. To me, the takeover looks good for both sets of shareholders. SE Asia, shallow oil and onshore gas from Salamander balances the Africa, deep offshore gas of Ophir - spreads risk. Will Ophir's management do any better? The cash on Ophir's balance sheet gives it a great chance. FWIW, I would prioritise onshore Kalimantan gas (big licence area) - relatively low cost, low risk, almost unaffected by the oil price and should be fairly readily saleable for local consumption or generation.
ed 123
04/3/2015
12:55
gulp!!!!!....lol Probably better off in the long run if energy prices remain suppressed.
pineapple1
04/3/2015
12:52
We are now part of Ophir Energy (OPHR), for better or worse.
puffintickler
06/2/2015
16:15
Yep, great news here really for both sets of shareholders and a very strong business combination awash with cash going forward.
nigelpm
06/2/2015
15:13
Maybe Nigel and so it was daft to hold over the vote. Anyway it passed as expected so I should be happy. Might get a bit of news flow soon from OPHR/SMDR now with a bit of luck. Need a strong LNG market now!
loglorry1
06/2/2015
15:09
Probably would have fallen to 60p
nigelpm
06/2/2015
13:06
Share price likely sub 50p if deal had not gone through.
loglorry1
06/2/2015
13:00
loglorry1. Not sure about their being in trouble. They have the cash set aside for the repayment of the maturing $100 million convertible bonds. With their planned cutback in capital spending, and their long term gas sales agreements, my take is that they could continue but it would be existing and not thriving. Anyway, it's likely not to matter.
ed 123
06/2/2015
12:57
To late for a cash buyer to spoil the party.......lol
pineapple1
06/2/2015
12:44
SMDR will bite their hands off. Without the deal they are in trouble with such a pile of debt and low oil prices.
loglorry1
06/2/2015
12:41
Agree, loglorry1, we holders got rode our luck. The next two meetings should go more smoothly for holders. Fwiw, I'd guess Salamander's vote will be around 90% in favour.
ed 123
06/2/2015
12:33
The right strategy was to sell before the vote. I held and its been ok but SMDR up only 3% and OPHR down a tad. Was more than 3% risk IMHO. So while
loglorry1
06/2/2015
12:28
79% for resolution passed
lonrho
06/2/2015
12:28
To approve the Transaction as a class 1 transaction ... FOR 367,769,882 78.92% AGAINST 98,207,570 21.08% 2,825,118
ed 123
06/2/2015
12:26
Looks like a "YES!"
ed 123
06/2/2015
12:24
If board had votes in the bag they wouldn't mess around and just put it those attending but know that they can cast enough by proxy anyway. Ummmm duno - not as rapid as I thought.
loglorry1
06/2/2015
12:24
Interesting. I wondered what would happen. Reckon there's a chance this is close but more than likely it goes through. 28.3% has already been declared.
nigelpm
06/2/2015
12:23
Oh, it's looking better on L2. :-)
ed 123
06/2/2015
12:20
No problem. I've been to a takeover meeting in the past where the vote was close. Lots of checking went on.
ed 123
06/2/2015
12:16
Ah, you're right.
nigelpm
06/2/2015
12:15
"... the Ophir General Meeting will be held on 6 February 2015 at 11 a.m. at the offices of Linklaters LLP ..." Maybe the attendees had a lot of questions ........ hence delayed result?
ed 123
Chat Pages: 215  214  213  212  211  210  209  208  207  206  205  204  Older
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
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:35 V: D:20161205 04:26:46