Lekoil Share Discussion Threads

[arteespresso] 02/12/2018 16:27

Don't worry Bad Gateway, ala is as clueless as they come. Keeps on buying as the price drops, in way deep no doubt.

[alamaison5] 02/12/2018 11:23

From LSE on LEK share chat:
Troajan Posts: 51,974

since the poo drop,this is just following the general trend m8,like pmo, enq, rkh etc.
next weeks opec meeting,should see a reversal,on expected supply cuts ,m8

AS I SAID, ON THE 6TH...

[alamaison5] 02/12/2018 11:16

It's official! I now have 10 filtered stokers!!!

sammyshares1 Dec '18 - 21:49 - 4323 of 4325 (Filtered)

bad gateway2 Dec '18 - 02:06 - 4324 of 4325 (Filtered)

[bad gateway] 02/12/2018 02:06

Yes see your point. He bought into the top of the collapse.
It was a fine example of a rising wedge too and a vicious one at that. Charts have saved me from a few of them this year. Hope this one performs better for you soon ala.

free stock charts from uk.advfn.com


free stock charts from uk.advfn.com

[alamaison5] 30/11/2018 22:27

A good pair these two, lol

[alamaison5] 30/11/2018 22:26

sammyshares30 Nov '18 - 13:28 - 4303 of 4308

Volume has gone. Sentiment has gone. The price is to continue down.

bad gateway30 Nov '18 - 14:14 - 4305 of 4308

Agree mostly sammy.

[alamaison5] 30/11/2018 17:08

PMO:
Net Debt
Accounting net debt at 30 June 2018 amounted to US$2,652.7 million

SEA LION:
The focus for the second half of the year remains on securing senior debt funding for the project, ahead of a final investment decision.
Taxation

CHECK THIS: The Group has a current tax charge for the period of US$46.5 million (2017 1H: charge of US$28.7 million) and a non-cash deferred tax credit for the period of US$161.3 million (2017 1H: credit of US$68.9 million) which results in a total tax credit for the period of US$114.8 million, from continuing operations (2017 1H: credit of US$40.2 million).

The total tax credit for the period represents an effective tax rate of 464.8 per cent (2017 1H: negative 1,116.7 per cent). The high effective tax rate is predominantly driven by ring fence expenditure supplement which continues to be claimed to uplift UK ring fence tax losses carried forward.

[alamaison5] 30/11/2018 16:57

You are are clown and keep discrediting yourself.
I doubt that you even understand what it means, lol.

I can name 7 oil companies, like PMO for example, who have 150 times more debts.
You have no idea about finances. Tax rebate, exemption etc...debt is tax deductible...

Debts are good, especially when you have undeveloped assets.
60m debts against 1 billion dollar assets. Big deal...

[bad gateway] 30/11/2018 16:45

Bit presumptuous to presume my wealth ala. Still filtered? lol


Material Uncertainty Related to Going Concern

We draw attention to Note 2(b) in the condensed consolidated financial statements which indicates that the Group has a negative operating cash flows of US$3.57 million for the period ended 30 June 2018 and as of that date, the Group's accumulated deficit amounts to US$60.65 million. These events or conditions, along with other matters as set forth in Note 2(b), indicate that a material uncertainty exists that may cast significant doubt on the Group's ability to continue as a going concern. Our conclusion is not modified in respect of this matter.

[alamaison5] 30/11/2018 15:53

We're clear!

[alamaison5] 30/11/2018 14:28

Any good news will take this straight back to 12p.
No news is good news here. Optimum does not want to lose the licence...
If the dispute is ongoing bye bye...
LEK and OPT are hand in hand on this. Trust me.
BMO is selling. Not only LEK but other shares.
In total 1,000,000 bought today. Against 370,000 sold. This even before the licence news.
Makes you wonder, no?