User Notice: The site will be occasionally unavailable due to scheduled maintenance this weekend. Please accept our apologies for any inconvenience.

Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Igas Energy Plc LSE:IGAS London Ordinary Share GB00BZ042C28 ORD 0.002P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.90 3.9% 24.00 22.60 24.90 - 78,535 16:35:27
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 21.6 -44.1 -43.4 - 30

Igas Energy Share Discussion Threads

Showing 8601 to 8620 of 8675 messages
Chat Pages: 347  346  345  344  343  342  341  340  339  338  337  336  Older
DateSubjectAuthorDiscuss
09/6/2020
21:23
If you want to average down, now's the time. I think 22p or under is justified because it's closed for business thanks to furloughs that shareholders will not be receiving. Brent is being capped at around $40 according to JP Morgan, so no potential growth in the near future I'm afraid, unless they rent out storage to oil traders... https://www.cnbc.com/2020/06/08/brent-crude-needs-to-work-through-oversupply-issues-despite-opec-cuts.html
thewealthofsocrates
08/6/2020
18:59
So, this furloughed company has: 1] Large outstanding debts in the form of corporate bonds. Check. 2] Not traded sustainably at it's breakeven price. Check. 3] Bought back shares at ever dwindling share prices --aka self-short-selling. Check. 4] Tracked oil prices pretty well -- oil has dropped today substantially. Check. 5] GBP rising, earning were in USD: loss on forex. Check. Regarding [5] -- There will be consequences of GBP rise & the massive addition of furloughs public to debt: i] To justify strength in these bad times, rates will have rise again in good/moderate times. As soon as there is "growth" and we enter a "re-cov-ery", banks will start to claw back interest from loans paid out to governments, so rates will rise. ii] Inflation. So much debt has been monetized that the real inflation is perhaps on the order of 10 to 15% on the whole. CPI is inadequate at tracking realworld cash-flows. In fact, the real definition of "inflation" pertains to increase in the money supply, with asset price rises secondary, but which assets have risen and fallen? Ans: Everyday stuff, short term needs (with liquidity) has gone up slowly, but long-term illiquid assets have skyrocketed, especially housing and more recently gold, silver and bitcoin. iii] To banks, debt is money, an asset ...until it's not. -- Expect a selloff. maneco64 presents.. Bonds: Fixed Confiscation Securities. https://www.youtube.com/watch?v=nKRJqXn_sUc -- "So, what's the point with this ?" - I hear you say. Indicators & basic logic says that will be a rate rise in the near future, forcing companies to improve their credit ratings. They will do this at all costs because debt ensures that businesses' can do business. How to do this? Ans: Cut costs like share capital. They will minimize annual buybacks and no dividend or positive buyback will be issued/carried out, as long as they are paying fixed interest on the corporate bonds they've issued. hxxp://cbonds.com/emissions/issue/171853 --The status above says "redeemed". -- 10% PAYMENT, TWICE EACH YEAR, WHICH WAS UNPAYABLE FOR THIS COMPANY IN THESE TIMES, SO THEY SETTLED FOR A DEBT TO EQUITY DEAL. hxxps://www.investor.gov/introduction-investing/investing-basics/glossary/callable-or-redeemable-bonds So, why has the share price crashed on a regular basis? It's not just because of the oil price, it's to do with financing. The bondholders were given equity, that is a right to buy at fixed prices. --So, they've been selling off the equity to cover their own debts, because for example: the financing institutions have lent out money that was loaned to them by account holders. They needed to cover their accounts quickly or go bankrupt. Question: Are any of these former bond holders now holding a substantial amount of equity in Igas? Answer: Yes. -- Major shareholders include: KOG Investments S.A.R.L. (14.7%) in Luxembourg, with it's EU finance problems caused by a keynesian virus called ECB-QE-infinity and Kerogen Capital (28%) that is seeking to divest from oil. hxxps://www.law360.com/articles/1274037/eu-parliament-calls-for-common-bonds-in-2-2t-virus-aid hxxps://www.politico.com/news/2020/06/05/german-court-ruling-could-tear-eu-apart-warns-senior-judge-304373 hxxp://www.kerogencap.com/kerogen-in-the-news/kerogen-capital-and-ideol-collaborate-to-jointly-assess-offshore-wind-power-to-oil-gas-platform-opportunities/
thewealthofsocrates
08/6/2020
15:36
What is the breakeven of Igas?
thewealthofsocrates
08/6/2020
15:33
They've put a ceiling on brent at $40 and no more till 2021 - IF I'm reading that article right.
thewealthofsocrates
08/6/2020
15:32
https://www.cnbc.com/2020/06/08/brent-crude-needs-to-work-through-oversupply-issues-despite-opec-cuts.html
thewealthofsocrates
08/6/2020
15:29
%4 down and more will come. Not a good buy day if your stock-price tends to track oil-prices closely. https://imgur.com/a/LvWFZnL
thewealthofsocrates
08/6/2020
15:26
What did I say about Tullow? Yes, I was right. At least it's got a dividend history and it's loaded with cash. No environmental policy problems from loony eco-socialists because historical colonialism is cancelled out by a more independent Africa, so they take it off their target list. I bet the green party has shares in Tullow Oil, unlike Igas - for obvious reasons.
thewealthofsocrates
08/6/2020
12:58
I think IGAS have a branding issue. They should rename the company to "save the trees" or "Greta plc" and put money into buying land and tree planting along side the shale extraction work. This way there is some balance to the company.
svenice7
05/6/2020
15:03
Igas needs to actually go back to work to get earnings.AGM was a damp squib. Think this will head south a little more before things get better. Everyone is interested in Tullow right now & rightly so.
thewealthofsocrates
28/5/2020
18:10
Saying hi to the Tullow oil investors. Thanks for your support with Igas.
thewealthofsocrates
13/5/2020
09:09
REALLY NOT GOOD hxxps://www.hl.co.uk/news/2020/5/13/treasury-blueprint-to-raise-taxes-and-freeze-wages-to-pay-for-300bn-coronavirus-bill
thewealthofsocrates
13/5/2020
08:38
I think people forgot to mention this. Not good. hxxps://drillordrop.com/2020/04/30/igas-fracking-site-at-ince-marshes-in-doubt/ "The CEO of IGas had previously appeared on regional television explaining that this site was going to be developed for 12 fracking wells. The site sits above several major geological faults and the wells would run underneath a very large glass bottling factory – imagine the impact on the factory with the earth tremors that would be generated!" "The Ellesmere Port appeal decision had been expected to be announced by the local government secretary on 8 April 2020. But that day the Ministry for Housing, Communities and Local Government said publication had been delayed. Last week, a ministry email to IGas said the decision was “not expected to be issued in the next couple of weeks. Earlier this month, IGas accounts reported that annual losses had more than doubled to over £50m, following write-offs of shale assets in Cheshire, Warrington and Greater Manchester." - Another company has taken over the site? hxxps://plasticsinpackaging.com/online/w2t-agrees-lease-for-hydrogen-development-site/ Placing coming up??? https://www.igasplc.com/media/40893/bondholder-noticedocx.pdf
thewealthofsocrates
11/5/2020
13:28
Brent is waking up. Short squeeze. https://imgur.com/a/ycHOspJ
thewealthofsocrates
11/5/2020
13:24
Short squeeze on brent. It's headed up. https://imgur.com/a/ycHOspJ
thewealthofsocrates
06/5/2020
08:56
Kinda small fry by comparison with the non event we called the UK economy..
fardels bear
01/5/2020
10:14
Well, at least we know none of that was true.
fardels bear
01/4/2020
14:44
Our anti-fracker friend is suggesting that C-19 is BS, MS is saying the same, calling it a "plandemic". preview.tinyurl/IanRCrane pt/MarketSniper
thewealthofsocrates
31/3/2020
10:18
Oil price rising thanks to the Trump-Putin "talk" ? https://imgur.com/a/8Jcwd2P
thewealthofsocrates
31/3/2020
10:05
Oil price rising thanks to the Trump-Putin "talk" ? https://imgur.com/a/8Jcwd2P
thewealthofsocrates
26/2/2020
11:38
I'm not talking about on here. I'm talking about holders.
fardels bear
Chat Pages: 347  346  345  344  343  342  341  340  339  338  337  336  Older
ADVFN Advertorial
Your Recent History
LSE
IGAS
Igas 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:20210509 04:58:27