Share Name Share Symbol Market Type Share ISIN Share Description
Ithaca Energy LSE:IAE London Ordinary Share CA4656761042 COM SHS NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -3.75p -3.39% 106.75p 106.50p 107.00p 110.00p 106.75p 110.00p 2,967,142.00 16:35:27
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 116.4 -67.7 -10.5 - 443.96

Ithaca Energy Share Discussion Threads

Showing 21301 to 21324 of 21325 messages
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DateSubjectAuthorDiscuss
30/4/2017
17:48
Steve, yes the banks are becoming more interesting I agree especially if interest rates do start to rise. Lloyds looks like one of the best prospects imo. The larger pharmaceuticals like GSK and AZN are also a pretty safe bet imo with life expectancy ever increasing. I didn't realise that the yield on BP & Shell was so high although I do hold RDSB as a result of the BG takeover. Will have more cash to invest soon of course when Delek have finished with IAE. I should really put that somewhere safe like NG but may well end up reinvesting some back into the O&G sector where I like SQZ, FPM and SDX, as well as TRIN and IOG as more speculative investments. The biochem sector has always been of interest to me and I have a few OXB although more risky than O&G. Other than that I tend to be diversified into fairly safe bets nowadays as I need to ensure that I retain a pension pot to supplement my existing work based schemes! Good luck with PMO btw where I still have an interest although now reduced as it's become more risky I think due to the high level of debt although they do have some good assets as well as decent existing production.
bountyhunter
30/4/2017
03:30
bh, I'm definitely overweight in PMO...although believe it will eventually come good!! But I really do believe in the Energy sector, (specifically O&G). Energy is the enabler for the modern world. There is hardly anything we need or want that does not require an external source of power. (Raping the worlds Hardwood rainforest's is about the only thing that I can think of, but even that require power saws, haulage wagons, and sawmills...!). You could even go so far as to simplistically say that the cash cost of everything we consume can be represented in terms of energy input. Even renewable power requires a considerable investment in upfront capital costs, although thereafter it is largely very low cost (but storage capability which becomes more necessary as renewable share increases probably will have higher ongoing costs). Nuclear falls into a similar category with VERY high upfront cost and relatively low ongoing cost. Oil and gas also entails relatively high upfront costs, and high ongoing costs, but the real downside is almost certainly anthropogenic climate change as a result of CO2 emissions. O&G will get largely replaced over the next half century, in the same way that coal is being replaced now, but IMO there is still a window of opportunity for the foreseeable future. Even BP & Shell offer a generous 7-8% yield, which is where I'm tending to switch more of my retirement savings into, from the higher risk explorers. I struggle to convince myself of other sectors that can offer such a reliable future as energy, although I do admit to diversifying a little into the UK banks post the Brexit referendum, which is recently starting to yield some growth. Any other suggestions gratefully received..
steve73
29/4/2017
20:57
Delisting from AIM shouldn't happen until after a general meeting where 75%+ of shareholders have voted to delist but I guess liquidity could be reduced before that time unless Delek are moping up the shares although I'm not sure if they are allowed to do that. "Any cancellation of a company’s securities on AIM will be conditional upon seeking shareholder approval in general meeting of not less than 75% of votes cast by its shareholders present and voting (in person or by proxy) at the meeting." Http://www.oneadvisory.london/delisting-from-aim/ Looks like you sold at the right time Steve with the benefit of hindsight, although sorry to see what's happened to PMO recently - I did well a few years ago there but not so well more recently. I guess there's always some risk in the stock market whatever the investment decision. Having seen extreme volatility on a number of stocks over the last 20 years (and not always when expected!) I tend to spread the risk more widely now than I used too although I'm still overweight in the oil & gas sector.
bountyhunter
29/4/2017
03:14
Anyone who hasn't accepted should be able to sell in the open market right up until the closing day. You might get a little less (typically 0.25-0.5p), plus dealing charges from your broker, but you get the cash immediately and can redeploy it elsewhere. If you accept you may have to wait a couple of weeks more for the cash to clear.
steve73
28/4/2017
16:46
Are you being served? Going down.
freddie ferret
28/4/2017
16:30
I've sold mine on the open market. Seemed easier than to wait.
hopeful holder
28/4/2017
16:09
I asked IG what's worst case scenario and what will happen since I did not accept:"In the worst case scenario you could be left with worthless stock.It is anticipated, though not guaranteed, that there will be another offer period which non accepting shareholders could tender their shares. Now this offer period has closed there should be further announcements regarding the offer in the near future."What should I do??
kiqbal
28/4/2017
16:00
As the offer was extended to 3rd May I presumed that was the deadline to accept the offer. Now I see that I have missed it and the default was not to accept it. Does anyone know what will happen with my shares as I have unwittingly declined the offer?
mikeelkin
28/4/2017
12:40
I phoned First Direct on monday - all sorted now.
pvpower
27/4/2017
07:51
You can also email the acceptance form, as I did to my broker, (Jarvis) for an immediate action.
farmscan
26/4/2017
14:17
Riposare in pace............... if u are looking for a replacement share a good place to research is the Malcy Bucket List thread http://uk.advfn.com/cmn/fbb/thread.php3?id=35420282
chart trader2000
26/4/2017
10:07
tux223 you can accept the offer on line on the TD direct website go to menu accounts > corporate actions you should have a IAE corporate action that relate to accepting the TO just add thenumber of shares you have Latest Response Date 23:59 27/04/2017 hope this helps
wildrider7
26/4/2017
07:37
no problem with my broker re accepting during the extension period but I'm not with TD
bountyhunter
25/4/2017
22:56
I have yet to hear anything from TD Direct concerning the extended offer and being able to accept it, although I sent them an e-mail on Friday about it. Selftrade notified me today, with tomorrow as the new acceptance deadline. Its all over bar the shouting, but is anyone else shouting at their broker?
tux223
21/4/2017
15:24
I've noticed Malcy has mentioned putting Savannah and Trinity on bucket list at different times. But Im not keen on Savannah (too much corruption and oil theft in that part of world imo). Malcy mentioned putting Trin on list here (but I think restructuring came too late to make 2017 bucket): Http://www.malcysblog.com/2017/03/oil-price-trinity-ep-sundry-kuwait-energy-velocys-bowleven-hunting-plexus-finally/ He also said Bowleven could also be leaving the list which could free up another space.
whiskeyinthejar
21/4/2017
15:19
Ithaca Energy Last week I had been planning to write another interim report on IAE but heard that it was all over bar the shouting so didn’t in the end. Today the company has announced that 70.3% of the non-Delek votes have accepted the offer. This reminds me of the Centrica offer for Venture Production where shareholders also sold the company down the river. Of course the VP directors stood and fought, unlike the IAE directors who have taken their 30 or so pieces of silver. Now don’t get me wrong, I have immense respect for Les Thomas and team which is why I have said that they should have stayed and taken the company to the next level and I do appreciate that they have to assess the risks involved in making that decision, I would at least like to see Les and team reappear with another ‘venture’;. Date extended to 3rd May, after which I will need a new bucket list participant, might even be a company run by someone who was on the board of Venture. Malcy ............. that would be Trinity Exploration, will it be them or someone else ? ................... no tie breaker, sell and move on. GL.
chart trader2000
21/4/2017
13:01
Ithaca Energy Last week I had been planning to write another interim report on IAE but heard that it was all over bar the shouting so didn’t in the end. Today the company has announced that 70.3% of the non-Delek votes have accepted the offer. This reminds me of the Centrica offer for Venture Production where shareholders also sold the company down the river. Of course the VP directors stood and fought, unlike the IAE directors who have taken their 30 or so pieces of silver. Now don’t get me wrong, I have immense respect for Les Thomas and team which is why I have said that they should have stayed and taken the company to the next level and I do appreciate that they have to assess the risks involved in making that decision, I would at least like to see Les and team reappear with another ‘venture’;. Date extended to 3rd May, after which I will need a new bucket list participant, might even be a company run by someone who was on the board of Venture. Malcy ............. that would be Trinity Exploration, will it be them or someone else ?
chart trader2000
21/4/2017
11:52
Steve - part of what I sold earlier went into PMO at a little higher than your price so also feeling peeved. Really don't know whether it will come good but assuming poo doesn't tank, and there are some big bears around, they should pull through. I'd bite the hand off anyone who offered a squid a share though! Might put some of the proceeds into BP or Shell just for the divi but only in my and the better half's ISAs. Good luck to everyone here in whatever they decide to do.
husbod
21/4/2017
11:23
...they could do but at least we all know where we are with Delek now and I'm not expecting to wait for years and years there! ...also the FPM BoD may not be such a pushover
bountyhunter
21/4/2017
11:14
bountyhunter. Would you not be concerned that Delek will do the same at Faroe as they have done here?
farmscan
21/4/2017
11:01
"Mandatory Extension Period" info added at the end of the header
bountyhunter
21/4/2017
10:47
cheers laserdisc and Wbodger and to all others who have made this bb an enjoyable place to post news and exchange views; I'm moving on to FPM which could well be Delek's next target and as the current bb has not been updated for several years and the author not posted on advfn since 2009 I have started a new thread which includes many of the charts and links gathered over the years here: http://uk.advfn.com/cmn/fbb/thread.php3?id=41102484 bad luck with PMO Steve - good assets but too much debt imo, SDX looks better, also put my toe in the water with SML recently :) although resource rather than oil/gas good luck all, bh
bountyhunter
21/4/2017
10:46
bigdazzler6 Feb '17 - 16:49 - 19723 of 20026 0 0 Edit Well after my intial annoyance about IMO the low ball offer (I am still cross) I have sold out today. First thoughts was to refuse but I'm sure this will get through and I thought might as well have the money now. I also didn't want any adverse currency movements to make the deal any worse than it currently is. Which is why I did sell those weeks ago. This unfortunately was legal robbery imo.
bigdazzler
21/4/2017
10:07
Congrats to Delek who managed to craft a low ball bid and still bag the prize. And to the board of directors who unfailingly and successfully acted in the interests of their bank balances, as opposed to shareholders. And to early leavers who are cleverer than I. And to those institutional holders who believe a quick small boost to performance will bring in more punters. I've been in since Valiant days, and added at lower prices than the bid, but even so feel sore - have you noticed? Was going to put more into HUR but not now. Oil explorer/developers and Israeli companies are new no-go areas for me. Thank you to all the posters here who have helped over the years. Good bye and good luck.
dozey3
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