Volga Gas Share Discussion Threads

[praipus] 23/7/2014 15:44

Quorum Fund Limited buying a few more at £1.20

I paid 1.34 for mine ...I was robbed...

[praipus] 22/7/2014 16:52

Also Paribas Arbitrage loading up, I track their other holdings on the WAM thread.



WAM thread

[praipus] 22/7/2014 16:50

Quorum Fund loading up
look like an interesting outfit

[mangustona] 16/7/2014 13:57

Now that VGAS has decided to pay a dividend (50% of profit) is it still for sale? Was there any mention on the time frame? or is there any regulatory time frame that kicks in? Thanks anyone if you know or have an idea on the subject

[pillion] 08/6/2014 21:51

Samsung
did you write post 2004 yourself ?

[samsung7] 07/6/2014 15:45

I also think 1.75 a share and the cash in the bank will be paid as a divvy maybe 20c. but if there is a bit of a competition then £2.00 is a possibility, I wonder how much in tax losses this is worth ?

[samsung7] 07/6/2014 15:40

Volga puts itself up for sale article from the Times

[alchemy30] 06/6/2014 16:00

Interesting move

[pillion] 06/6/2014 13:53

Yes; to be sold on the cheap

Prospective p/e ratio of about 8 or less

SP was going up before sale announcement

imho

[samsung7] 05/6/2014 22:28

Volga Gas plc (LON:VGAS) had its buy rating reaffirmed by analysts at Oriel Securities Ltd. The firm currently has a GBX 150 ($2.51) target price on the stock.
Don't know if this was before this afternoons news or after ?

[samsung7] 05/6/2014 16:49

Another Russian company about to be stolen ?
I would not be surprised if this is sold for £1.60 to £1.75 just as the money comes rolling in, You have really got to ask what is the point of investing anymore.

[saturdaygirl] 05/6/2014 15:05

Pillion does love his divi ..

[samsung7] 23/4/2014 08:07

Buy backs and Dividend's, Vgas will be throwing out a lot of cash from here on in.

[tradermel] 23/4/2014 07:56

Wow, does that RNS really mean what I think it means?

[pillion] 01/4/2014 13:23

Proposal to create distributable reserves to enable cash distributions to shareholders

Is a dividend on the horizon ?

[tradermel] 01/4/2014 07:39

Best of all

CURRENT TRADING AND OUTLOOK

· During January and February 2014 production averaged 4,563 boepd, 54% above the full year 2013 average production rate

· Proposal to create distributable reserves to enable cash distributions to shareholders

[tradermel] 01/4/2014 07:36

Not until Putin shows his full hand, sanctions in the offing, sold sadly from me a while ago as I anticipated this fall. Shame as todays RNS reads like a dream

FINANCIAL HIGHLIGHTS

· Revenues up 22% to US$34.6 million (2012: US$28.3 million)

· EBITDA up 85% to US$14.8 million (2012: US$8.0 million)

· EBITDA per barrel of oil equivalent ("boe") up 26% to US$13.80/boe (2012:US$10.96/boe)

· Profit before tax of US$9.1 million (2012: loss of US$6.3 million)

· Net operating cash flow up 202% to US$15.4 million (2012: US$5.4 million)

· Bank debt fully repaid at 31 December 2013 (31 December 2012: bank debt of US$ 8.0 million).

· US$8.1 million in cash at 31 December 2013 (31 December 2012: US$7.0 million)

[wiseacre] 27/3/2014 10:35

This board has gone dead. Anyone out there/ Any views on how the geopolitical situation affects this company?

[wiseacre] 25/2/2014 10:51

Results in four weeks. On the back of the recent trading statement this should surely run up.

[samsung7] 04/2/2014 18:32

One to watch.

[tradermel] 28/1/2014 13:22

Nice volume today. News in the pipeline? How cynical of me!

[tradermel] 23/1/2014 12:35

Its a good enough bowl for me .... still holding

[tradermel] 17/1/2014 08:35

Yep and a muted response from the market, quite surprised at this TBH