Exillon Energy Share Discussion Threads

[exbroker] 11/12/2013 22:26

I did not imagine that Gutseriev sold his stake 30 minutes after he said he will not bid.Where is the Rule 8.3

[maxp4] 11/12/2013 21:09

he paid £2.75 so if Seneal make a bid it has to be higher than £3.77, according to the take over rules. So he could be looking at a £24 mil profit.

[pigeon1] 11/12/2013 20:44

How much did he pay again?
If he gets a profit then i reckon i'll be happy - that's if there is an offer to everyone

[maxp4] 11/12/2013 20:34

Russian press
does not always translate exactly

Mikhail Gutseriev does not exclude the possibility of selling its stake in the company Exillon Energy

Quote.rbc.ru 11.12.2013 15:20
Businessman, the owner of "RussNeft" Mikhail Gutseriev does not exclude the possibility of selling its stake in the company Exillon Energy. He told this to reporters. "Prices jump, look, maybe - to sell. Everything will depend on the price," - said Mikhail Gutseriev, noting that if there is an advantageous offer (at a cost of shares Exillon Energy), and it can buy more package. "If cheap buy", - he said.

[nufcfan] 11/12/2013 17:49

gazprom rns signed by sebastian lawson a lawyer based in moscow...google him and see who he has been helping...it is a game of chess...

[pigeon1] 11/12/2013 17:45

Yes must be

Exbroker you referred to a trade of 24m were you imagining that?

[maxp4] 11/12/2013 17:41

10-Dec-1315:02:00308.004,500,000Sell* 278.00266.5013.860MO 

The 4.5m is the delayed Gazprom buy at £3.08

[pigeon1] 11/12/2013 17:30

what price did the print those trades at before they were removed?

All very odd

[maxp4] 11/12/2013 17:27

Yes the game continues but this is the 2nd time Gutseriev has sold. Who bought them is now the question. Gazprom? Or someone else.

[yoyoy] 11/12/2013 17:27

trade 371 for 4m buy seems to have gone walkies

[pigeon1] 11/12/2013 17:22

Exbroker i can't see that 24m trade on my level 2 where are you seeing that?

[exbroker] 11/12/2013 17:19

I did an edit as I viewed 4349 as a more recent and very important development for the price in the morning.It is a game of chess and Gutseriev has left the game as far as I can see.
The trade of 4.5 m that reported at 16.30 on ADVFN seems to have been removed....curiouser and curiouser is it to be rebooked at a different higher price I wonder....

[abcd1234] 11/12/2013 16:46

ex.B ..... your long post above, no4348 about yur position, and yur view about where this is going and why etc, just disappeared ... or is it advfn playing up again this afternoon

[exbroker] 11/12/2013 16:37

24 million just gone through the market.
Must be Gutseriev heading to the bank with his profit. I dont know what price it was done at yet, will will find out later or in the morning. The end game nears!!

[exbroker] 11/12/2013 16:28

This is one of the classic takeover deals of the last 30 years!

[maxp4] 11/12/2013 16:12

I may be putting 2&2 together and getting 5. These Russians just can not be trusted and Arip is also a dodgy character as it was he who kicked the whole thing off with his alleged fraud case hanging over him with Kagazy. I really do hope some un named biders come forward like lukoil Gazprom or rosneft but I would not be surprised if no bid appears. The business is worth well north of £4 and I'm sure one day this price will be achieved at some point in the future.

[maxp4] 11/12/2013 16:04

The current largest share holder owns 29.9% convently just below the 30% that would force them to make a bid. He could now pull out of the talks wait six months when the share price will be back to £1.50 then put a low ball £2 bid in for the remaining 70%. Most of the large orginal western share holders have sold down there holdings also at much less than the current price so I'm guessing they don't see any significant increases.
I'm staying in what ever but I have a very low average so can afford to ride it out.

[abcd1234] 11/12/2013 16:01

max yu were so positive the other day, (tho not the day before that... )


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maxp4 - 06 Dec 2013 - 12:35:44 - 4294 of 4345
I wouldnt trust the Russians either but the facts are one of them just paid $300 mil for almost 30% that tells me hes pretty serious in making a bid. But like anyone they will want it cheap as possible. Hopefully some of the other yet unknown interested parties will show there cards over the next few weeks.


maxp4 - 05 Dec 2013 - 14:18:17 - 4255 of 4345
Oh dear that's not good news no protection for current share holders now.

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[sailing john] 11/12/2013 15:50

Max agree re Arip and Worldview

Don't agree re "Board calling off takeover talks". The potential purchasers haven't invested millions here just to sit on the side with perhaps a single Director. They will want to control the business and accelerate extraction rates which are relatively low compared to reserves.

I don't think the Board will want to stay either - new broom and all that plus if they have options they are usually settled as part of a buyout. The only thing stopping a buyout would be an impasse where neither of the bidders is willing to pay the asking price for the others stake.

We will soon know either way

SJ

[alchemy30] 11/12/2013 15:35

I tend to agree maxp, I don't see this news as positive myself.

[maxp4] 11/12/2013 15:29

In my opinion there will be no buy out now. Arip wanted to sell and he's out at £3.77 and can now settle his debts. Worldview also wanted out and are now gone. Board will now call off all takeover talks and carry on growing the business. Of course i hope I'm wrong.

[abcd1234] 11/12/2013 14:53

thanks jrjr, I saw that and deleted, as u posted

[jrjr99] 11/12/2013 14:44

abcd ...dated today see their website

[exbroker] 11/12/2013 14:42

They will play the winner of the silver medal for the gold or do I mean oil!!