Exillon Energy Share Discussion Threads

[bad gateway] 21/6/2016 09:57

£1 doesn't look unreasonable if this bullflag takes off. Would still be historically very low here spwise too so maybe a decent hold til the old £1-£1.20 trading range resumes with oil having recovered some.

[pippin6] 21/6/2016 09:47

I'm pretty convinced a takeover will happen soon. £1.50 minimum though and still way undervalued at that.

[steve73] 21/6/2016 09:39

Unfortunately I won't be either as it's a 14,000 km round trip for me....

There's not many who post about this (on any of the popular BB's as far as I'm aware), but I agree with you - it's massively undervalued (or it would be if it wasn't based in Russia).

It suffered much less O/P withdrawl than most of the minor oil co's, and is recovering strongly. I'm hoping we get another t/o approach like a few years ago, as production has been maintained over the last few years and there are huge reserves, and being on-shore, it's relatively cheap and quick to develop.

[pippin6] 21/6/2016 09:30

Not attending Steve, would appreciate any feedback. Still maintain this is massively undervalued, market cap should be nearer £600m minimum in my opinion. Mr buyer is back today after a days holiday yesterday.

[steve73] 21/6/2016 06:46

May production was down 3.0% from April.. Peak prod'n down only 2.4% which suggests slightly lower uptime (95.7% cf. 96.2%).

AGM this Thursday may give more details... Is anybody planning on attending?

[linton5] 03/6/2016 09:44

I'm going for Kaz lol good trading stock goodluck ma man

[wilk1] 03/6/2016 09:43

Sorry I'm pippin too - have 3 monitor watchlists

[wilk1] 03/6/2016 09:42

Dead cat bounce Soco, will make newer lows looking at the chart. Exi not bothered now I'm out for the time being, gradually selling stuff with Brexit looming and June the 3rd worse trading month of the year.

[linton5] 03/6/2016 09:20

Still watching pippin mmm Soco moving now though ya plank 👌

[pippin6] 03/6/2016 07:27

Took my 14000 off the table this morning at 80.75p for £1450 profit in a week. Love the fundamentals but resistance at 80p, it may blow through it though with recent buying pressure.

[pippin6] 02/6/2016 18:24

The Soco chart is saying buy me now and you'll be a lot poorer in a month. Wouldn't touch it with a bargepole until the chart corrects itself.

[pippin6] 02/6/2016 18:21

Anyone care to offer an opinion on the 2 x 3.5 million trades today ?

[linton5] 02/6/2016 09:13

I sold at 74 from 62 and now in Bp,wondering whether to come back or go to soco

[pippin6] 02/6/2016 09:11

Can we take the 80p resistance out ?

[pippin6] 01/6/2016 07:37

Typical bid premium 40% I'd be happy to take £1 share - The buyers would be getting a steal at that though.

[pippin6] 01/6/2016 07:19

Charts telling us we could see 80p this week.

[steve73] 01/6/2016 04:44

IIRC it has some pretty large P2 reserves at VERY low implied value..

There was a brief "bidding war" a couple of years ago which drove the share price to over 350 for a few days. Unfortunately, it fell back swiftly to its previous price before I'd noticed and could do anything about it... But that action did demonstrate that it was well undervalued. Currently production is down just a little from those heady days, and the share price has not suffered with OP as much as many smaller oil co's.

[trader365] 31/5/2016 14:05

Maybe its cheap because the Ruble fell thro the floor a couple of years ago.

[wilk1] 31/5/2016 13:54

Trader365 your quite correct, I should have said if the assets were uk owned. I've been interested in this one since its float, which if memory serves was around the 180p level ?

[pippin6] 31/5/2016 13:51

Someone's listening Ryan, some larger buys going through. Time will tell whether it's us or the market that's got it wrong. It certainly seems like a cash cow.

[ryan83] 31/5/2016 13:45

so the fact it is russian is the only reason?

from last report


Our financial position remains strong with US$64.6
million of cash and cash equivalents as at 31 December
2015. We took out a term loan of US$100.0 million in
March 2012, which is our only debt. As at 31 December
2015 debt was US$38.6 million, following the scheduled
repayments of principal. Our net cash position was
US$26.0 million.
As at 21 April 2016 our cash balance has increased to
US$81.4 million with net cash position amounted to
US$50.4 million.

so extra $24m in 4 months? by the end of 2016 net cash could be $100m

[pippin6] 31/5/2016 13:42

Because it's a Russian co. I've topped up again today

[ryan83] 31/5/2016 13:38

why is this so cheap? net cash position on $50m and making cash, lots of it?

[trader365] 31/5/2016 13:25

wilk EXI is UK listed.

Exillon Energy is a London Premium listed independent oil producer with assets in two oil-rich regions of Northern Russia: Exillon TP in Timan-Pechora and Exillon WS in Western Siberia. Exillon Energy plc is incorporated in the Isle of Man, with its operational headquarters in Urai, Russian Federation.
Animation 04.10.2013

[pippin6] 31/5/2016 08:46

Production set to increase too with the new wells coming on stream. Crazy price at these levels.