Bowleven Share Discussion Threads

[kbrook] 09/12/2019 17:18

Thanks Warbaby I will give it another try, tried twice earlier without success.

[warbaby43] 09/12/2019 16:37

Herewith kbrook the response:

"In regards to the email address to register for the call I don’t know why people are saying it doesn’t work. It is correct as I use it all the time to email Ollie who works at or PR agency.

It is [e-mail]"

I am also advised that those who have registered will get an acknowledgement.

As to my having received no hard copy of the AR, perfectly valid reason for that and that has now been sorted out by the ever impeccable and efficient Anne-Marie.

[warbaby43] 09/12/2019 15:24

I sent an e mail this morning but have received no acknowledgement and seeing your post kbrook, have now contacted BLVN - I will keep you posted on the reply.

Incidentally, as yet have also not received the hard copy of the AR requested - anyone else experiencing the same problem?

[kbrook] 09/12/2019 13:10

I presume everybody has received the message about the conference call. The email supplied for listening to the call appears not to be valid, has anybody else tried to send an email?

[alamaison5] 06/12/2019 18:10

Is "le commissaire" out of prison yet? :-}

[warbaby43] 05/12/2019 17:11

Yes gark, like you I have a lot and probably too many but I'll be standing pat rather than topping up.

As for a broker's 98p in the words of John W Henry, "What are they smoking down there?" 98p equates to £320m or, in industry money, $416m - bonkers!!!

PS, let's hope NUFC my predictions for BLVN turn out better than those for Merseyside derby games

[dunderheed] 05/12/2019 12:39

PJJ, the risks are the risks are the risks - simple.
Now you've been clearer in that you would be willing to take a "punt" on a lower share price backed by potential asset valuation as you feel you would get this money back if liquidated.
Why do you think it will be liquidated at that exact point in time when these assets can be monetised - isn't there a risk the BOD could do a "Kevin" and string it along as a "lifestyle"?
Just wondering like...

[charlie8888] 05/12/2019 11:46

I see some are still trying to hurt the company as revenge for poor old Kevin. He has gone , move on.

[kbrook] 05/12/2019 10:10

Yes enough of the football talk, let's talk about how much money I'm going to lose today!

[pjj71] 05/12/2019 09:03

unless they bring back kevin.. which would be a game changer...

[pjj71] 05/12/2019 09:02

the cash pile minus cash burn minus liquidation fees would in my estimation would see a return of about 1.7 to shareholders on a wind up.... so factoring in trading fees i would have a punt at 1.64 but not any higher given the risks...

[charlie8888] 05/12/2019 08:08

Don’t think some understand if we get lower than 3 , then there’s no company left worth investing in

[dunderheed] 05/12/2019 07:45

So what happens to the risk at 1.64p?

[pjj71] 05/12/2019 07:35

lets see if we get to to the 2's today... im going long at 1.64.. only risk and no return til then IMO....

[glavey] 05/12/2019 05:40

All things considered, I'll pass.

[nufckk] 04/12/2019 22:53

Sorry, this was meant as a private conversation!

[nufckk] 04/12/2019 22:49

And there was me following the BBC line that there was no animosity between Liverpool and Everton! A city united in adversity.
I dare say you’re right regarding the team mentality. Last seasons run in bordered on the unreal. To pick yourself up and start again must take some doing, though a champions league medal would help temper the grief.
Let’s hope Bowleven turn out to be a champion investment

[gark] 04/12/2019 21:00

How many do you hold? I have a lot and I am thinking of buying a lot more as I think we get to development and if you take it all the way through the derisked NAV is 98p according to the brokers.

[warbaby43] 04/12/2019 20:54

Still holding gark and recalling the old, old saying that the market never reacts it only ever over reacts and I sure think there is an element of that here not helped by another direly worded RNS. Am not sure either that some of the stuff in the AR actually needed to be there.

What the Report does make clear though is that a huge amount of work has been and is being done to carry through to FDP and then FID and I believe that the strong balance of probability is that a decision on development will be got to this year even with the multiple parties involved, given the amount of meetings and communications there will have already been.

Incidentally, as I recall, there is an indication in the AR that the composition of the Board is to remain as is, and given that, I'm not sure that too much too injurious to shareholder interests can be done given that there there is presently no independent director, though I stand to be corrected by someone more familiar with AIM rules.

[nufckk] 04/12/2019 20:36

Here’s hoping you don’t implode like we did when we were running away with it at Xmas.
I’m from Mid Northumberland so most of the country are Southerners to me.
Love North Yorkshire though, it has the lot.

[gark] 04/12/2019 20:18

https://www.google.co.uk/amp/s/www.oedigital.com/amp/news/473514-bowleven-pushes-ahead-with-etinde-despite-losses

[gark] 04/12/2019 19:28

Warbaby, you have been in this a while. What is your view? Are you holding or you think this is a gone cause?

[warbaby43] 04/12/2019 19:11

Right back into 2018, COC were listed as holding 94,756,607 shares but this now from the AR as at 31/10/19:

Crown Ocean Capital P1 Limited 96,876,798 29.58
HSBC James Capel as principal 30,408,348 9.29
OVMK Vermogensbeheer 17,043,934 5.20

HSBC is also showing a more modest increase with OVMK static.