Amerisur Takeover Rumours (AMER)

Amerisur Chart

Amerisur Takeover Price

Amerisur Takeover Forum Posts

09-07-2018
5,000 brls per day X 330 days X $45 per brl contribution(i.e. after all-in-costs inc full OBA transport) = $75 million pa or a pe of 3.2X on a market cap of £180 million. + SHOULD BE OBA through put of 10,000 brls per day at $10 per brls for crude transferred from third parties and SHOULD BE own production up to ?10,000 brls pd at $45 per brl contribution assuming Brent at $75 per brl (but expecting Brent to increase from current level to perhaps $100 over next 18-24 months.) + NEW BOARD = increased share price/takeover bid at 30-45p per share.
19-06-2018
Are you still persuaded? jotoha2 19 Jun '18 - 08:54 - 10593 of 10603 15 /15.5 should be done by tomorrow alamaison5 19 Jun '18 - 09:05 - 10594 of 10603 Edit Thanks for letting us know. I doubt that it will get filed, sorry. The bid keep creeping up from 15.38p. Our new broker is moping up... I am not, and never been, into conspiracy theory but there is some weird movement here. Especially since last Thursday. Only yesterday the price jumped from 15.4p to 16p+ in 1/2 sec. Like if we had posted an RNS. What to expect? Takeover, new license, asset purchase, share buyback, tapping the market for fresh money for acquisition, fund manager accumulating...? There is something going on behind the scene, but what? Also, now the sells match the buys, at least for now. The previous day we've had a lot more sells on the bid. Therefore, much more stable.
Thanks for letting us know. I doubt that it will get filed, sorry. The bid keep creeping up from 15.38p. Our new broker is moping up... I am not, and never been, into conspiracy theory but there is some weird movement here. Especially since last Thursday. Only yesterday the price jumped from 15.4p to 16p+ in 1/2 sec. Like if we had posted an RNS. What to expect? Takeover, new license, asset purchase, share buyback, tapping the market for fresh money for acquisition, fund manager accumulating...? There is something going on behind the scene, but what? Also, now the sells match the buys, at least for now. The previous day we've had a lot more sells on the bid. Therefore, much more stable.
18-06-2018
Unfortunately at present the share price is only going one way. Whilst Im holding for the long term its hard to see whats going to stop this continual downward spiral other than a takeover or a very successful drill
14-06-2018
New broker usually means raising cash for survival , which is most unlikely , or they are going to be raising cash for expansion / takeover or sale of company , no other reason likely.
13-06-2018
Would never surprise me if at this low sp, with little evidence of Amerisur trying to create good news, that out of the blue we get an RNS not on a takeover although that can't be ruled out, but more likely announcement of a share buy back, soaking up any remainder of an iceberg order.
08-06-2018
A takeover is urgently needed here. Current Management have lost the plot. When was the last time we had good news here.I will continue to hold but wont be adding. The future here is in the new drills. Planatillo is no longer the Jewel in the crown. Its value is declining.
28-05-2018
No takeover until GC is ready and that certainly is not before CPO has been drilled.
Whilst it’s possible I’m not so sure. This was as low as13.5p not so long back if there was gonna be a takeover surely back then would of made more sense although I’m no expert on these things.
18-05-2018
No takeover here for 18 months or more. CPO has to be properly evaluated first.
Takeover always was on the cards with a very depressed shareprice. The question is at what price and will it be before or after the CPO5 drills?
Been watching for a while and in for a bit, The way and speed the sp is moving stinks of takeover imho dyor
17-05-2018
Lucy Thanks for the updates. You post: "A question raised yesterday was what is the point of an LTIP based on share values when Rex has shown the company cannot control them simply by performing well. The question went unanswered." I thought the lousy share price was result of reserves downgrade - bad luck or poor management? This is why Rex selling. Directors blaming Rex for forcing them to re set their options is laughable. AMER ripe for a takeover? Pipeline has strategic value but do the other assets offer sufficiently attractive (risk:reward) scale-ability? I guess we find out next few months....
Lucy Thanks for the updates. You post: "A question raised yesterday was what is the point of an LTIP based on share values when Rex has shown the company cannot control them simply by performing well. The question went unanswered." I thought the lousy share price was result of reserves downgrade - bad luck or poor management? This is why Rex selling. Directors blaming Rex for forcing them to re set their options is laughable. AMER ripe for a takeover? Pipeline has strategic value but do the other assets offer sufficiently attractive (risk:reward) scale-ability? I guess we find out next few months....
15-05-2018
I hope this isn't prelude to cheap takeover
Can someone please ask how receptive the Board are to a takeover? Bottom like is oil $78 but shares trading near lows. Shareholders fed up with relationship between share price and remuneration.
13-05-2018
As I have suggested in a number of blogs over the past couple of years, this company needs a new Chairman and directors with direct E&P experience rather than cronies. Without a change this company's market valuation will remain seriously depressed. A change in the members of the Board is the only way for the value to be appreciated which includes a corporate takeover. The price of oil has doubled, the share price has halved, reserves have fallen and the volumes through OBA are substantially below what was promised. On top of all this the Board has awarded FULLY PAID shares to Board members despite the failure to perform. Directors have significant number of shares but have invested virtually none of their own capital - the vast majority of their shares were freely awarded by the Chairman (including to himself) and his cronies. Take appropriate action at the upcoming AGM on 15 May and make it clear to the Directors that they are failing.
10-05-2018
I have no agenda just being realistic. Like others here I want the share price as high as possible. No one buys or sells sh ares based on postings made on any messageboard. We have no influence how Market Makers value a share. Im hoping for a takeover here but it will probaly never happen
27-04-2018
Momentum .... why do you continue to laugh at us all? Since you came here you have never stopped ramping, just made it a little less blatant. Never mind, your chuckle twin will be along shortly to remind us all what a crap company with terrible management this is and that our only chance is a takeover coming shortly. .... treat like idiots ....
24-04-2018
Amerisur is a poorly run company with greedy Management. I hold here mainly for the hope of a takeover. Its an absolute joke that even on 7,000 bopd Amerisur cant make a profit.
19-04-2018
and suddenly, just before AGM all posts are happy enthusiastic, all sunshine, 60p coming. management superb at playing the violine. shareholders getting what they deserve. dancing to the music. which is fun and loving. soooo good. I could not make it up. peobably all smiles and cheers and hugging at the AGM. debating the SP, takeover, farmouts, expansion possibilities ... all imho
Takeover? Surely this would be worth 40p minimum
Investors realising the potential here with upcoming drill program. 30p+ in next 3 months unless a substantial takeover comes before.
11-04-2018
Very interesting article Terraferma....could be a very beneficial partnership for AMER. Maybe a deal will be negotiated....could CPO5 be part of a partnership....or will ONGC they look to takeover AMER as lots have predicted...takeover target for the majors.
10-04-2018
There is a lot of speculative buying today based on possible takeover rumours. Todays rise is very small based on the volume of buys. The Market Makers are holding back for reasons we do not know. The results due out on Monday may still show no profit or a very small profit. Maybe thats why the share price has been held back.Hopefully we will know more next week
There will be no takeover at these silly prices, unless it goes hostile and I think GC has enough fire power to rebuff it. With institutions holding nearly 60%,the directors holding and a few large PI's, there is prob no more than 10% that would go for a takeover sub 50p and that would still not be enough for Giles and co. 18 months to 2 years this will go for £1 plus. You heard it here!
If there was a takeover what would be the price....anyone any ideas?.
Extremely oversold, with a likely very low PE coming in Monday's results. Very vulnerable to a takeover. The only way is markedly up from here.
05-04-2018
Under the current Management I cant see the share price reaching 20p again for forseeable future. We need new Management or a takeover to add share holder value. Under the current Ma b agement this has now become a recovery play
serious takeover target? you on spice? you be better off on old spice coz that wot this board smell of $100m in cash spent on capex on 2 year innit they give you minus reserves for that money and a pipeline that got no pumpstation that like a vacum cleaner without a hose innit suck it up spicers
Serious takeover target now
20-03-2018
I will be topping up if the share price drops below 15p. As I have said previously I believe that the potential here will only be realised by a takeover. Otherwise as a previous poster said Management will continue to take out their large salaries and issue more options to themselves. They dont care about not achieving their targets as long as they are well remunerated. One day this will be taken out. I will wait for that day because one day it has to happen. Patience will be rewarded
19-03-2018
as far as I can see it has THE perfect value in its history - low share price, no debt, cash in the bank, producing cash, lots to go after,diversified portfolio, potential takeover (GeoPark), low break even, Rex almost gone, investors getting annoyed with the chief SP Will reverse soon from this moment I can no see imminent down risk. It would take a genious to make a mess
07-03-2018
If the company were to start a buy back or dividend programme that would sort out the overhang.I was in bowleven when that started a buy back programme (to avert an aggressive takeover bid, which they failed to do) and the share price rose significantly.
02-03-2018
Kerri28 Its hard to know what the current Managements long term strategy is. Hopefully to add shareholder value. At present thats not happening. Whilst some investors here want to see a takeover here at at least £1 Im far more realistic I will be happy with 30p !. In my opinion until we see a takeover here I think it will be a long time before we see real value here and a more realistic share price
01-03-2018
On the rumour mill scale of possibility the little bit of BB wishful thinking re a takeover constituted about 2 out of 10. In my view it was the sudden appearance of a large-scale buyer that triggered the general flurry of PI buying. Unfortunately that hasn’t carried through and the remaining constant is RH selling.
As I said previously I believe it was just speculative buying based on takeover rumours. Now that those rumours appear to be just that rumours we are now back to the more normal days trading. Until we can ramp up production significantly I cant see any takeover currently happening.In a few years time I believe a takeout will happen.
28-02-2018
The normal mark down by the Market Makers at the end of todays trading session. More of a normal days trading today. Looks like yesterdays large trading volume was just the speculators buying on takeover rumour. Probably no truth in the rumours. Nevertheless I added yesterday as I think there is lots of good news to come over the next few months
The chance of takeover has definately increased now with the following news... Https://www.businesswire.com/news/home/20180226005623/en/ONGC-Videsh-GeoPark-Announce-Strategic-Latin-American Amerisur made some outstanding acquisitions when the oil price was rock bottom. These have got to be on the radar of some major oil companies now.
27-02-2018
What would be a realistic takeover price do you think?
Unless a takeover comes before. Good luck all
Takeover chatter driving this today....and probably for the next few weeks. A takeover is beginning to look like a real option IMO.
IMO takeover is definitely on the cards...sooner rather than later. It will be very interesting to see how the market and SP responds to the takeover chatter. Looks like we have a willing seller and buyers are circling.
Not unrealistic at all. it is the current SP that is unrealistic and we all know why None of the institutions on board have sold shares, some have increased when every one of them knew exactly Rex Harbour's iceberg sell as they would have been called in and if you look back Amerisur mention liaising with larger holders previously. Do not judge a takeover on a false market sp
Https://www.google.co.uk/amp/s/www.standard.co.uk/business/giles-clarke-the-cricket-nut-who-swapped-retail-for-oil-on-his-latest-innings-at-amerisur-a3463606.html%3famp His hope is that takeover-hungry majors will set their sights on Amerisur. “Small or medium-sized oil companies tend to end up in large oil companies,â€￾ he muses. 
A takeover is definately a possibility now and chances have risen substantially with the following news Https://www.businesswire.com/news/home/20180226005623/en/ONGC-Videsh-GeoPark-Announce-Strategic-Latin-American Amerisur made some outstanding acquisitions when the oil price was rock bottom. These have got to be on the radar of some major oil companies now.
Great find post 7148. Takeover coming very soon imo
25-02-2018
Obligation to report threshold crossings ``In accordance with the London Stock Exchange (LSE) rules, Panel of Takeover and Mergers board (PTM) rules, an investor who acquires, exceeds or falls below 3%, 4%, 5%, 6%, 7%, 8%, 9%, 10% and each 1% threshold thereafter up to 100% of a UK Company, must, under the Companies Act 1985 Section 198, disclose their interests to the London Stock Exchange and the company, within two days. The company may impose sanctions if disclosure not completed.`` Just reacquainted myself with LSE rules and thought I`d pop it up for those at my level. RH has approx 60m shares left by my calculations. Should he offload up to another 2% of AMER he`d have to inform the market. Sorry no big revelation and sadly quite a slug for the market to absorb in the current climate. He might just leave the rest in the bottom draw.
21-02-2018
Surely there comes a point where the investment managers in the larger shareholders (Axa, Fidelity etc) need to really prove to their superiors that Amer is a worthwhile investment. There have been no dividends and the share price is going no-where - would have thought that pressure is building to make Board changes in order to generate a ROCE.I think the Rex situation has much less impact now. When Lloyd’s finally got rid of Govt last year following years of share overhang the share price did not move sharply upwards as expected by many. I know there were new issues - Brexit and PPI to complicate matters.There are many plus points with AMER so why does the share price fall when it is already so low. Maybe one of the main shareholders will increase their stake soon. Don’t want ONGC or another to make a low value takeover - a 50% premium to the share price only takes us to 24p - not good.
15-02-2018
Directors have recently bought dyor. They may now be in a closed period regarding farm in or takeover talks or some other market sensitive news. Good luck all
13-02-2018
Anecdotal evidence that we're not the only ones, a quote from another thread: "This and HUM are both an enigma to me. Growing resources, cash pouring in and the market just seems be ignoring them. Whilst the story remains the same I'll continue to hold. I think in both cases they suffer from 1. The crap reputation that AIM has and 2. The reserves are yet to be converted to tangible P&L. You'd expect any takeover attempt to be at a premium, so whilst not ideal at least it would put an end to the boredom!!" Sound familiar?
17-01-2018
Share incentives invariably mature or are exercisable on any takeover, so they won't be a barrier. The N-Sands anomaly could be the one to make the company.
I wasn't overwhelmed with the GC interview, he didn't give me the idea that the business would welcome a properly priced takeover in the short to medium term. I think there is more in the Ecuador ability to reliably pump the Amerisur capacity into the Ecuador pipeline capacity; Mac didn't pump him hard enough on this. Still obviously got great potential but I don't expect SP much of a price above current levels for a while. I am not to phased about the Dividend, if in the long term it is about generating value in the company. If that money can be used by the people on the ground to precision invest, then why not; it's always cheaper to use your own reserves than borrow - a great strength that Amerisur has and is getting better with POO. All of course IMHO
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P:31 V: D:20180718 08:40:51