Share Name Share Symbol Market Type Share ISIN Share Description
Echo Energy LSE:ECHO London Ordinary Share GB00BF0YPG76 ORD 0.25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.15p -1.05% 14.10p 13.70p 14.50p 14.25p 13.80p 14.25p 1,088,763 15:01:29
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -7.3 -18.6 - 56.61

Echo Energy Share Discussion Threads

Showing 751 to 774 of 775 messages
Chat Pages: 31  30  29  28  27  26  25  24  23  22  21  20  Older
DateSubjectAuthorDiscuss
18/1/2018
21:47
Nice thanks steelwatch
soulsauce
18/1/2018
21:26
http://www.valuethemarkets.com/index.php/2018/01/18/echo-energy-seizes-first-mover-advantage-argentinean-oil-gas-market-echo/
steelwatch
18/1/2018
07:53
Ah ! We're ahead of our time out here in the Desert :). In one weeks' time then.....
bushman1
17/1/2018
21:03
A request from the Eastern Desert ! Could any posters on this bulletin board attending the ECHO presentation at the Ritz please post an update later on any Q & A session with the CEO and or board ? Many thanks.
bushman1
15/1/2018
17:15
@echoenergyplc Hear more about the transformational Argentinian deal when Echo CEO Fiona MacAulay presents on Thursday, January 25th, 6pm at The Ritz, 150 Piccadilly, London. To register click here: http://cassiopeia-ltd.com/investor-symposia/
steelwatch
13/1/2018
13:34
https://www.echoenergyplc.com/wp-content/uploads/2018/01/Bolivia-Map.pdf Courtesy of https://twitter.com/echoenergyplc/status/951760283978133504
steelwatch
11/1/2018
17:53
http://interfaxenergy.com/gasdaily/article/28996/argentina-asks-bolivia-for-more-gas-bolivian-oil-minister
steelwatch
11/1/2018
08:22
I thought Argentina had become a solid financial base off late with massive investment potential??
ch1rp
10/1/2018
17:25
Thanks nap :)
steelwatch
10/1/2018
17:03
From Progressive Equity Research, 10/01/2018 Https://www.echoenergyplc.com/wp-content/uploads/2018/01/2018-01-10-Progessive_Report.pdf Page 5 - SWOT Analysis Strengths The major strength is that this deal gives the company a significant entry into Argentina at a low upfront cost and provides a very substantial increase in its asset base. These assets offer an exciting mix of current production, discoveries, as well as significant exploration potential upside in an overlooked but proven hydrocarbon basin to provide investors with an exciting risk/reward profile. Having achieved a critical mass with this asset base, management now has the ability to start to build up this business both organically and through acquisition, with its ambition to becoming a Latin American gas champion. The other advantage with this deal is that CGC, Echo Energy’s partner, is very strong operationally and politically in Argentina. This will enable Echo Energy to accelerate its new country learning curve and hence punch above its weight. Weaknesses The major weakness with this deal is that the company has committed to a significant level of expenditure in order to acquire a 50% working interest in these licences. Not only is the company having to spend its share of expenditure, it is also carrying CGC for a large proportion of its spend. As with any E & P company, lack of success with the drill-bit will therefore erode shareholder value. Opportunities The main opportunity for the company is in the exploration upside that is available in the licences that it is farming into. Success with the drill-bit should allow a significant increase in the group’s reserve base and hence potential valuation. Investors should be aware that exploration is a high-risk activity. However, this portfolio provides a blend of lower risk from Fracción C & D to higher risk in the Tapi Aike licence. The company has established a significant portfolio of acreage in a prolific oil and gas basin. Having established this initial position in the country, it provides a springboard for adding to this asset base. Threats Perhaps the main threat to the business comes from the operating environment – this comes from the political regime as well as the macro commodity environment. Weakness in the oil and gas prices could lead to lower cash flow from its current production as well as putting pressure on the economics of any discovery that might be made. The assets that the group has are predominantly based in Argentina (and to a lesser extent Bolivia). Argentina has proved to be very volatile both economically and politically. This has led to large swings in economic activity, inflation and currencies. These could create significant headwinds for the company’s operations. The outlook has improved significantly with the new Macri government, where there have been a series of reforms designed to promote economic growth and stability. There are also some other risks that are highlighted in the admission document. There is the risk that the consents required to transfer the licences will not be obtained at the time of the completion of the acquisition. However, the company will still retain an economic interest in these until the consent of obtained. GCA also notes that its resource estimates might change materially on the result of drilling and testing after the preparation of the CPR
napoleon 14th
05/1/2018
13:37
Thanks, Bushman. That is interesting. 'hope it will be different this time.
junglee
05/1/2018
07:39
Junglee, many thanks. The last analyst who wrote about ECHO was Ashley Kelty of Cenkos Securities ~ before the board changes ~ who wasn't too complimentary.. It will be interesting to read Malcy's blog later today, hopefully well bullish.
bushman1
04/1/2018
22:17
Bushman, name of analyst was not disclosed. I wonder if it is Shore capital who are their joint brokers. Company received net 4.7m from 6.4m raised. That means 1.7m, more than 25%, has gone to various consultants, brokers and advisors. I think that is very high figure and they better perform! As steelwatch says, malcy is writing something tomorrow. Plus Fiona, a very effective and credible communicator, is active on interview/promotion circuit. Price has already started its move up. High probability that offer would proceed at 17.5, come end of the month. It may look very cheap by end of the year!
junglee
04/1/2018
17:09
Chartist view from about 5:34 in: https://youtu.be/I4rroPE1vBw fwiw
steelwatch
04/1/2018
15:46
From Malcy today: Echo Energy All successfully passed at the General Meeting yesterday and the shares behaving well this morning. I am speaking to CEO Fiona MacAulay later so will add tomorrow. http://www.malcysblog.com/
steelwatch
04/1/2018
14:07
How can me the price goes up but the numbers stay red?
ch1rp
04/1/2018
13:24
Much to play for here westie. Also SOUs 1 & 3 !!
steelwatch
04/1/2018
13:09
Well you did tell me via pony headed Opportunity Knocks!! ATB edit - PS -- Happy New Year Soulsauce
westmoreland lad
04/1/2018
12:47
westie - free ride here ;-)
steelwatch
04/1/2018
12:26
Steelwatch in the money again ?
westmoreland lad
04/1/2018
12:20
Echo Energy plc ‏ @echoenergyplc 3s More Echo delighted to confirm the completion of our transaction in Argentina and re-admission to aim today. http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/ECHO/13484292.html …
steelwatch
04/1/2018
11:30
Let’s see this little beaut start to motor upwards over next few months.
bigdazzler
04/1/2018
10:58
RTO is completed so old ECHO no longer exists due to reverse take over, buyers moving in again to buy into new company
moonwizz
04/1/2018
10:53
it looks to be just the two parties involved who have been suspended from trading
ram6ler
Chat Pages: 31  30  29  28  27  26  25  24  23  22  21  20  Older
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