Angus Energy Share Discussion Threads

[3put] 18/1/2022 10:35

Better be quick though. These prices won’t last.-- stop ramping

[jtidsbadly] 18/1/2022 10:31

JA51: there’s a lot of downside in both of these, surely? I sympathise, bad luck! At least we know from whom the non-binding indicative offer came. And where Sound Energy leads, can BP, Shell, Total etc. be far behind? Will Michael get his 2.4p? Anything’s possible. Better be quick though. These prices won’t last.

[3put] 18/1/2022 10:29

What is your best case scenario JA?

[ja51oiler] 18/1/2022 10:20

JT
I truly hope it doesn't. Ive Still got sound shares as like here simply not worth selling and this is like a worst-case scenario for me...lol

[3put] 18/1/2022 10:19

JT, if you were holding just now would you sell? Or stay for more bids ?

[3put] 18/1/2022 10:15

Will a bid come from someone in whom The Earl of Clanwilliam has confidence

--- 5 mire bids to come and SOU might increase. Lots to play for and very exciting. We might not be on the same side of the fence JT but this is what investing is all about. I'm sure we can agree on that point

[jtidsbadly] 18/1/2022 10:08

It’s not going to happen, is it? Huge dilution for Sound, whose share price, even at 2.15, is up 65% since its low late last year, the rise starting on 1 December, the day after the 30 November announcement by Anguish of the delay to the sidetrack and possible other delays, and 2 days before the placing announcement. In any case, one look at Anguish’s schedule between now and July should put them off. It’s just a more sophisticated pump and dump, isn’t it? How many more such offers will they receive?

Sound also has two charges on its assets, I can’t see any cash to speak of, and very large borrowings. How’s it going to find cash of £13.4mm. to pay off the loan, plus another £2-3 million to complete the works? The Debenture holders will want their cash back. And think of the regulatory delays a change of ownership will cause. If this bid were to go through, the Sound share price will go down so fast, it will make its shareholders dizzy.

The Directors here can’t very well sell the shares they’ll get when they exercise their options, can they? It would send out a certain message to shareholders.

Will a bid come from someone in whom The Earl of Clanwilliam has confidence, and which he can recommend to shareholders? I think, however, that before they consider this or any other bids, Anguish should add to its list of words that can’t be relied upon the expressions “act”, “best interests” and “Shareholders”, what?

[3put] 18/1/2022 10:02

Hits is the premier ramper here. Be very careful. He said the share price would go up , ramped it big time. Then he said we will have an offer down the pub. I suspect he was down there ramping.

[3put] 18/1/2022 09:58

British bulls are all over 88e , heads up chaps

[sincero1] 18/1/2022 09:44

hits - sorry i don't believe you but i understand your posts.

the sou offer has little value apart from being a starting point ...its the non binding offer that made the rns 6th Jan get released. sou are posturing ...anyone can see that ...the resident grey old disingenuous crayon eaters can too hence they are scrambling to be negative as angs continues to embarrass and humiliate them ...

[solo4yous] 18/1/2022 09:33

Jealous are we that we bagged in weeks?

[headinthesand] 18/1/2022 09:30

Your assurance was 5p by last Christmas, right, rmart? How's that going for you?

Having one's nose rubbed in reality can obviously be quite an abrasive experience.

And Sincero, quite the contrary. I remain genuinely relieved I got out at 1p.

[smithie6] 18/1/2022 09:26

Sound Energy
1.5p offerred but in shares, not cash.

[clottedq] 18/1/2022 09:17

U-Dog next to bid now I expect!

LOL ;-)

[sincero1] 18/1/2022 09:14

hits as the share price rises so does your bitterness .... if you had only held on instead of selling at 1p eh ? i know you need to justify your decision to yourself but come on .. enough, we get it . like i said before less lobsterpot more gilded cage with door left open

it is clearly worded "possible" offer, clearly states indicative proposals rejected by the angs board . its the non binding offer mentioned in 6th jan rns ...... lets see if others throw their hat in but more importantly who they are .. in the meantime price rises . progress on site .....

[rmart] 18/1/2022 09:07

your opinion matters not one bit. you are clearly a bitter ex holder.

It is plainly obvious that all of your remarks will be twisted to the negative.

[headinthesand] 18/1/2022 09:03

My opinion? ANGS has realised that it can't get Poundland over the line from either a "time remaining" or a "further cash required" point of view (or both) and is looking to throw in the towel (or perhaps "pass the parcel bomb" might be a better metaphor). As I've mentioned several times before, the closer it gets to the summer and the twin alarm clocks of debt repayment and hedge fulfilment without Poundland being in full and sufficient production, the less ANGS will be worth.

If this is the case, it would be interesting to ask how long have they known this. Not that we'll ever find out...

There's implied reference in this morning's RNS to an extra c. 350 million ANGS shares over and above the 1,093 million already in issue. I don't remember ANGS carrying quite that high a commitment in terms of being obliged to issue new shares already?

[3put] 18/1/2022 09:00

Bear in mind that - as some more objective here have been saying for months - for ANGS, the "life or death" matter has always been about getting to adequate levels of gas production before those two separate alarm clocks of debt repayments and hedge fulfilments kick in (or "how much gas and by when?").---- bit dramatic but you are right hits. It's all about how much gas and the size of any offer.

[3put] 18/1/2022 08:58

For LTHers, this will presumably seem derisory and utterly unreallistic, given George's frequent assurances of "sum of the parts" valuations for the entirety of ANGS - and not forgetting the company's most recently issued CPR on the revenues projected from Saltfleetby alone -----agree 100%

[clottedq] 18/1/2022 08:57

Looks like Lucan got the warrants away on this morning's laughable news.

Sound Energy FFS. It's even worse than I thought!

I expect it's the best pump they could manage to convert the warrants above 1.2p... now onto the discount placing for dessert...

Shakes head in disbelief.

CQ ;-)

[3put] 18/1/2022 08:51

Hits called the rise in share price and you ramped it further saging warrants hit. I'm starting to think you are a pair of rampers

[3put] 18/1/2022 08:50

JT , you said it yourself. Warrants exercised next

[jtidsbadly] 18/1/2022 08:45

Hilarious. Gneiss helping those warrants get exercised? They really want some money out of these bozos, what? Should’ve kept Gneiss sweet, chaps, what?

[rmart] 18/1/2022 08:30

another batch of profit takers being moved along. Same pattern as yesterday followed by a strong finish.

[3put] 18/1/2022 08:26

Well done everyone , Hits said the first offer would be £10 down the pub.