Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Cove Energy LSE:COV London Ordinary Share GB0034353531 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 239.50 - 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -2.3 -0.5 - 1,176

Cove Energy Share Discussion Threads

Showing 7726 to 7739 of 7875 messages
Chat Pages: 315  314  313  312  311  310  309  308  307  306  305  304  Older
DateSubjectAuthorDiscuss
24/4/2012
07:37
* The announcement of this recommended Offer follows the decision announced by Cove on 5 January 2012 to conduct a formal sale process for the company and the subsequent release of the Possible Offer Announcement by Shell Bidco and Cove. The formal sale process has now been concluded. The end of the formal sale process means that the data room which has been open to participants will be closed with effect from 7.00 am on 24 April 2012. Other potential offerors can still nonetheless announce competing offers for Cove. the last bit - dont know how likely that is tho .....
eelanguilla
24/4/2012
07:32
Recommended 220p offer from Shell announced. What happened to PTT's higher offer? (Edit - just realised PTT offered 220p as well didn't they?)
strollingmolby
23/4/2012
18:22
General info... http://seekingalpha.com/article/518201-east-africa-the-next-great-game-in-oil-and-gas
85gary
21/4/2012
09:05
Help needed please. I am researching these to compare with another gas play that looks undervalued. To save me srolling through all the news can someone who knows the story here let me know the proven gas reserves attributable to cove and the probable reserves. I am looking at fep who have 3.4tcf proven and imminent seismic results which are rumoured to show an extra 20tcf yet they are valued at only £20m. I have heard that cov have similar so cannot understand the huge disparity in valuations. True, the Chineese have made some unscrupulous claims to the fep asset at sc72 which contains the reserves but if similar to cov reserves it does not explain £880m difference. Thanks in advance, duc.
ducatiman
20/4/2012
11:46
Speculative buy rec in the IC today
fraserdean
11/4/2012
16:20
From Bloomberg.... Cove Energy Rises Most in 6 Weeks on Mozambique Tax Decision By Brian Swint - Apr 10, 2012 5:17 PM GMT Cove Energy Plc (COV), the U.K. oil and gas explorer that offered itself for sale in January, rose the most in six weeks in London trading after the Mozambique government clarified taxes applicable in the event of a deal. Cove climbed 4.2 percent, the most since Feb. 24, to 219 pence by the close. The company faces a 12.8 percent tax on capital gains from a potential sale, Cove said today in a regulatory statement. Its main asset is an 8.5 percent interest in a natural-gas block off Mozambique with as much as 30 trillion cubic feet of the fuel. "The rate is very good and a lot less than the market was expecting," said Gerry Donnelly, an analyst at FirstEnergy Capital in London. "The country is in the nascent stages of developing what could be the biggest gas find of the past decade. They don't want to scare away existing players and future investors." PTT Exploration & Production Pcl (PTTEP) bid 1.1 billion pounds ($1.8 billion) for Cove in February, topping an offer from Royal Dutch Shell Plc. (RDSA) Cove shares have dropped about 10 percent since Mozambique's Mineral Resources Minister Esperanca Bias said March 1 that the company would face a tax if it's sold. "Discussions with possible offerers are ongoing," London- based Cove said in the statement. "There can be no certainty that any offer will be made for the company, nor as to the level of any proposal or offer that may be made." To contact the reporter on this story: Brian Swint in London at bswint@bloomberg.net
deckav
10/4/2012
20:51
Excellent news today, tax rate better than feared, sale process can continue and no companies scared off, happy days
fraserdean
10/4/2012
11:37
Hedge............. So what's your position then.............So sad. I would say that is about 2 weeks out of date.
b1llyboy
09/4/2012
22:22
Rus4 : please can you copy he article here, the link won't work
randommunkey
09/4/2012
20:24
http://www.ft.com/intl/cms/s/0/4709827c-8255-11e1-9242-00144feab49a.html#axzz1rZVzAE2l The above is telling us that the tax has been settled at 12.8% and that bidding will resume.
rus4
08/4/2012
10:46
Short interest is high - http://squaremiledata.com/uk-oil-gas-producers-short-interest/ . Looks like an intersting potential purchase - but maybe not just now for me. However if there is good news then the shorters will of course have to buy back and that could spike...DYOR.
hedgebetter
07/4/2012
08:36
What are Goodbody's thinking ????? Cove overvalued and should be 95p. Odd that it still remains a buy with them even though they believe it is overvalued by 58%. http://www.economy-news.co.uk/barclays-plc/1343-barclays-and-london-stock-exchange-group-upgraded-4455
deckav
04/4/2012
12:22
sadly i will earn no money from it http://www.bloomberg.com/news/2012-04-03/mozambique-sets-up-inter-ministry-team-on-mine-tax-proposals-1-.html
fraserdean
04/4/2012
04:50
so what if he does - it's a pretty useful news consolidation site...
steve73
Chat Pages: 315  314  313  312  311  310  309  308  307  306  305  304  Older
ADVFN Advertorial
Your Recent History
LSE
COV
Cove Energ..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20200929 09:04:24