Echo Energy Share Discussion Threads

[oilbuy] 18/8/2021 10:17

Lol. Its not a crime to make a profit. You should try it sometime

[oilbuy] 18/8/2021 09:43

Cant loose on a 4 bag , silly you for being presumptious.

[terminator101] 18/8/2021 09:21

0.53 on the bid huh. Its gonna get messy

[helpfull] 18/8/2021 08:48

Why are shareholders worried about the renegotiated debt small print? The conversion of debt interest to shares is quite clearly posted. Perhaps they didn't read past the CEO is "delighted" hook.

In the latest RNS perhaps shareholders should be more worried about the company seeking the right to issue up to 20% of the current share issue for "general purposes". Isn't Echo now self financing from cash flow? All that income from higher oil and gas prices. Or is there a dire need for cash? The H1 2021 results end of September will give clues. Last year the day before the H1 2020 results the company released the Monte Almond Nut RNS. Shareholders were "delighted". But poor results came the following day. Two cash raises followed in December. Expect a similar distraction this year. Be careful.

[terminator101] 18/8/2021 07:08

And another day of knack all news

[terminator101] 17/8/2021 21:03

Still no bull case for echo huh.

[oilbuy] 17/8/2021 20:18

My response is not about the bull case for ECHO , it's about how you conduct yourself on multiple treads.

[terminator101] 17/8/2021 09:23

Dumping at 0.58p huh. Gonna drop soon

[terminator101] 16/8/2021 19:31

Two special resolutions. One to convert shares for the interest on the bonds. The other for another 20% dilution on top. Clearly Parsons and the team want more cash huh.

[rangenoresources] 16/8/2021 11:17

Excellent post from Luckyclicker about Terminator101 aka Fake ArnieWarren Buffet" When listening to the opinion of fools always assume the opposite is true " Fake Arnie and all his multiple personalities masquerading as your friendly financial advisor who wants to steal your money posting on 50 shared forums a day because he is concerned for the ordinary investor he doesn't invest in any of the the shares he posts on he just spent 7-days a week of his life posting on 50 share forums out of the goodness of his heart telling all the genuine investors what Bad Companys they are invested in in and to get out quick before the next placeing comes but he is quick to single out one ordinary genuine investor who has only posted on one share very infrequently luckyclicker to say what a scammer he is I think it's time to smell the coffee and see who the real scammer is HUH!"

[helpfull] 13/8/2021 10:09

is that the wrong sort share issue?

Come September when loan and bond holders are able to convert debt interest to shares (at 10% discount to the prevailing share price) there will be €2,000,000 a year that could be converted to Echo shares. Every year. At 0.61p a share that's about 280,000,000 new shares. The company doesn't get a cash boost. Just €2,000,000 wouldn't be added onto the €25,000,000 of debt already in place. Current shareholdings will be diluted but that is nothing new. More shares for no gain. Be careful.

[rangenoresources] 11/8/2021 21:32

Nice blue day

[joelebeau] 09/8/2021 12:53

What do you make of the latest investor presentation terminator https://www.echoenergyplc.com/media/1525/2021-q3_investor_presentation_web.pdf

[terminator101] 09/8/2021 11:03

Looks like ECHO is falling off a cliff today. Back into the 0.5's soon