Seaenergy Share Discussion Threads

[pete_edwards] 03/6/2016 12:03

Just hope this fiasco will prevent JAW, Berty etc from ever being in charge of anything of any value! Utter mismanagement and shambles.

[richpassi] 03/6/2016 11:22

Resourceful , I really and truly couldn't give a toss and if you invested in them and are Happy with the directors efforts I am happy for you and if you were not an investor of sea i am even happier

[cephalosaurus] 03/6/2016 10:56

Jack, they had debts to pay, which would have been called in when they defaulted this month. Then Sea would have gone into receivership, and R2S sold for a fraction of what they got. Lucky they got what they got, it's about what I thought they would get if they were lucky, because these kinds of companies are all about the staff talent.

My other prediction was that the directors will walk into new jobs. Unless they were the 3 redundancies, JAW will be working for the new company. Or perhaps he will quietly keep all the future proceeds of the LOGP shares, should they not also go into administration, and realise value in the future.

Unfortunately , sea are well and truly bust, unable to keep the lights on. Not even sure if they fully pay off their debts, which is why anything from LOGP will never see the light of shareholders days.

[jack jebb] 03/6/2016 10:34

bones

If you could remove your vitriol for one moment, you would see that I didnt suggest shareholders would get anything back. My question was whether what the directors have done is legal. ie giving the main asset away prior to admin.

[resourceful] 03/6/2016 10:23

yea yea
they are responsible for
dry holes
collapse in the oil price
death of AIM resource market

[stockriser] 03/6/2016 10:06

It just happened that way for me rich, but believe it was meant to be, unlike what's happened here.

[richpassi] 03/6/2016 09:44

angus17 you are right we were gamblers and we both understand that ....now :( and as resourceful say's blame ourselves....... but some blame has to go to those who drew wages , if its not said then they can feel justified for mixing with wee jimmy crankie and winning vases ! they are weazle's and I know that's doing weazle's a disjustice :( scum and if I were them I would hold my head in shame, when I work I like to leave each day knowing I have achieved and given something, had no one over and provided a good service, surely that's what it's about ! well it is for me.
Stockriser I didn't think anyone else would have done that too, mine was by choice when it came to booking the date, it just seemed right, even though as I type I can't see the keyboard clearly ! all the best to you too

[resourceful] 03/6/2016 09:16

we gambled
each one could have sold at any time
GFG...... Greed F....ing Greed
blame yourself

[bones698] 03/6/2016 08:13

Jack i see your still clueless. That rns is the end . Your shares are worth nothing and sea is gone . I do find it amazing how many fail to listen and understand when its explained to them what was happening here . The whole investing game is rigged has been for years. Uk management are what you see here totally inept and drains on society. Certainly the majority i have witnessed with only a small number being exceptions .

[angus17] 03/6/2016 08:13

david CaMORON Like it!

[stockriser] 03/6/2016 08:03

Rich, April 2012 I turned 51 and buried my dad on the same day, and I also hold a lot of shares here. I expect we are both experiencing the same gut wrenching feeling this morning. But as you say it comes nowhere near the feeling of losing a loved one.

All the best mate SR

[spob] 03/6/2016 07:58

You could write to David Camoron or George Osborne

but nothing will happen

[angus17] 03/6/2016 07:58

richpassi

my previous disasters also include: CAP, TRK, ZZZ, WHE, there are probably many more that I have scrubbed from my memory. Some of us are not destined to be good gamblers (investors).

[jack jebb] 03/6/2016 07:55

Is it not illegal to sell the main asset just prior to stuffing shareholders?

[richpassi] 03/6/2016 07:32

administration as well !!! I do have some great birthday celebrations ! lol

[largeronald] 01/6/2016 15:41

I guess they're leaving announcing the EGM date until it's as near as possible to said date so as to give shareholders as little time to organise any sort of concerted resistance as they can.

[stockriser] 31/5/2016 11:22

Well that's very true Ron!

[largeronald] 31/5/2016 08:40

Stockriser - but it didn't state at all how much debt would be left outstanding.

[stockriser] 30/5/2016 21:58

"Only pays the bills and nothing left after"

I think the RNS stated quite clearly what would be paid!

[bones698] 30/5/2016 20:42

R2s sold at a profit roflmao and the pigs are flying again. Sea overpaid by a big amount to start with,then ran it into the ground and oil prices collapsed. Now its barely alive and worth a fraction what they paid . My guess 2-3m if they are lucky . Only pays the bills and nothing left after. Wrap it up and call it a day why drag out the misery .