Urals Energy Share Discussion Threads

[djmoggy] 14/2/2017 11:50

There is either a worked sell or MM are going short and trying to trigger sells (I think this is probably around the time T+10s who bought on the rise will need to settle).

[calmtrader] 14/2/2017 11:47

bought a few

[martyn9] 14/2/2017 11:47

All buys and the share price drops like a stone!!!!

[jungmana] 14/2/2017 11:30

Market makers just dropped the offer. Better spread now

[djmoggy] 14/2/2017 10:36

Perfectly understand Basem1 - it's a sensible strategy - there does seem to be a ready supply of stock feeding buy interest at the moment but conversely there is also demand from those MMs on the bid to take your stock so looks like we will stay around this price until stock is cleared.

It is encouraging that the support of 4p held yesterday and there was healthy interest at that level.

[basem1] 14/2/2017 10:29

Hi, This next purchase is the last I will make, I was disappointed that the late buys from yesterday, particularly the 200k at 4.75p hadnt lifted the offer price above 4.66p this morning. As daft as it sounds I would rather buy into some strength and pay a little bit more for them. I'm watching and waiting, hopefully the powder will be put to good use sometime in the next few hours.

[djmoggy] 14/2/2017 10:20

The actual online bid/offer prices are as tight as they have been for a while.

4.47 vs 4.64p for trades of 50K

4.41p to sell 100k
4.28p to sell 250k

Basem1 did you get your 200/250k yesterday?

[chavitravi2] 14/2/2017 10:14

Calm, cracking rns from SOLG. States "the best is yet to come"
Off topic but I know some of you are in this.

[canny lass] 14/2/2017 08:31

Yes, AYM do seemed to have performed well in the last few weeks.

[canny lass] 14/2/2017 08:21

I did my buying yesterday Calm. Possibly more funds available towards the end of next week.

[jungmana] 14/2/2017 08:06

I think this leg could take us to 10p. This is very undervalued today. 2000bopd and market cap of £11m. Cheapest on aim right now

[calmtrader] 14/2/2017 07:53

Anybody got their buying boots on this morning?

[wanna brew] 13/2/2017 22:02

This smacks of being worked by mm's to fill an order. Anyone in this since Barsky's failed t/o attempt will notice a very similar pattern of price movement and trades.

After the failed attempt, Adler bought the stake that Barsky had built up and continued to buy in the open market to reach their 43/44 per cent.

The news of possible consolidation has possibly acted as a catalyst. IMO it is very unusual for a Co to announce a possible consolidation without any other details of its intended ratio etc and also stock is already quite illiquid. I just don't see that this will help the 'spread' disparity as the board suggests.

IMO there is more to all of this than pi's moving the price since mid to late Dec.

[topicel] 13/2/2017 21:52

Lol, someone has plenty of tentacles methinks!

The BoD have forced this down, in collaboration with their house broker and NOMAD by 35% from the highs one week ago and their suspicious 'statement' to a level they might find more comfortable to get their consolidation away at.

Absolutely no doubt this is part of the plan and they were forced into being beastly to their own consumer base shareholders for now as part of their wider plan to get the share on a more even keel at more acceptable - perceptually - levels for bigger interests.

Only then will we be able to see the merits, or otherwise, of this manipulation. There is no other reasoning that makes sense for the statement and, hopefully, we will all benefit by the springtime...

Topicel

[paul the octopus] 13/2/2017 20:30

don't know ;)

[basem1] 13/2/2017 18:52

Hhhhmmm.......

[calmtrader] 13/2/2017 18:00

Who bought 200k@4.75 ?

[chavitravi2] 13/2/2017 17:02

Mmm, about 400k more buy than sell.

[djmoggy] 13/2/2017 16:12

4p support level tested and held and encouraging to see a reasonable amount of buying interest - so would be very surprised if we go lower.

Without further news I would expect to see the price range between the 4-7p. Drilling news at South Dagi in Q1 should see the necessary interest return in order to achieve breakout above 7p.

[jungmana] 13/2/2017 14:58

Looking at aim, this is the cheapest oil producer today. Even if you apply the discount for being in Russia. Imo fair value would be about 15p.

[basem1] 13/2/2017 14:49

Don't want it going back up today. Need my 285,000 buy for tomorrow.

[basem1] 13/2/2017 14:47

It will rise when we are least expecting it. 2000 bopd - £10m mkt cap Got to be cheap.

[chavitravi2] 13/2/2017 14:41

Sorry people, I hate to be negative and seem unjustly cruel to those who bought in recently for around 6-7p but I can't help the feeling that we have again been taken for the periodical ride by the mm's.
That said I equally feel it will have its day in the short term now. Dispare not, it will come good.

[calmtrader] 13/2/2017 13:29

Topicel..certainly until they complete there new drilling program ..but dependant on what happens with there dividend policy I may never sell them