Leyshon Energy Share Discussion Threads

[socktrade1] 15/8/2014 12:21

I wonder where ultrapunch has gone? you still alive?

[socktrade1] 14/8/2014 08:59

It was over 20p with one commercial but some say we had more cash so in theory the share price should be much less but i say well we had more cash but only 1 commercial well, if with have slightly less and 2 Commercial wells then who knows... time will tell

[rcturner2] 14/8/2014 08:53

well it was over 20p with one commercial well

so nobody knows what the share price will be if Z7 is commercial

[socktrade1] 13/8/2014 18:19

I dont disagree.. it can go well abobe 12.5p but my 12.5 prediction was based on well 7 alone and the commencement drilling of well 8, if well 8 is a success too then i think everyone would agree that 15p would be hit at the very mimumum without a doubt imo

[socktrade1] 13/8/2014 18:17

Rvsy, each to their own, i have a significant amount here... and 12.5 will see me a nice return, thats a big IF, im not going to risk waiting for results on all of them unless the share price does not reach my target, as you have said a £31m market cap which is reasonable and easily achievable on good results from well 7 good luck with your strategy

[rvsy38] 13/8/2014 17:05

socktrade1 A share price of 12.5p only values the company at £ 31 million. Top slicing at that price may be a good idea depending on one's circumstances but if we get three good wells out of ZJS 5,6,7 and 8 I think the share price should go much higher. All of course IMHO.

[socktrade1] 13/8/2014 16:23

14/15p on well 7 alone? very much doubt it... although i agree that 14/15p is probable but i dont think this will be achieved on good results from well 7 alone.. im hoping to get out at 12.5p if well 7 results are good, possibly 9p but as we start drilling well 8 it should rise in anticipation of good results so i can easily see 12.5, if we can get to 12.5p i dont care about any future wells.. i will be over the moon

[sirraman] 13/8/2014 16:12

imo...just needs ZJ7 results to be commercial and IF so then this will re-rate to 14/15p as confidence in Tony Meggs delivering on other wells will definitely be improved

...so not long to wait now after the fiasco that was the last 18 months...!

[wordog] 13/8/2014 10:06

7) Share buy back
8) 2nd largest gas producing basin in China
9) Tie in point with hungry market already on licence
10) Experienced board
11) 50% success rate on wells tested so far (1 out of 2)

[rcturner2] 13/8/2014 09:15

Some are negative on this stock, that is understandable. It was over 20p at one point and some will have big losses. Reasons to be cheerful:

1) 6p a share cash
2) current work programme
3) experienced ex-BP staff brought in as directors
4) new COO replacing Frank Fu
5) offset data from adjacent fields
6) new deal at any time

[rvsy38] 13/8/2014 09:09

nick297

You said "The one who talks about 100quid a share to investors not so long ago without even a clue if all the wells are dud".

When and where did PA say that ? Anyone who would believe that needs a brain transplant.

[sos100] 13/8/2014 08:32

and another trader appears...

[pro_better] 13/8/2014 08:25

any share price appreciation will come from new asset acquisition imo....

2014 will pass with just reworking two wells...they are operationally slow...period......as I was saying: any meaningful development will happen in 2015...2014 was catastrophic for the sp, for the confidence of investors, for overall progress on the asset...

for me they wasted one year!

[sos100] 13/8/2014 07:53

its not difficult to pick up when someone is trading a stock,probably used a different username at some point.

All for free speech but some need filtering and shouldn't be buying this type of stock.



nick297 - 03 Jul 2014 - 20:06:41 - 1438 of 1660
Glad atleast MM's are back in the business...

nick297 - 29 Jun 2014 - 22:14:51 - 1374 of 1660
Testing/Retesting.......positive/negative results, all this seems fine to be honest in this type of game. I just wonder sometimes what actually makes PA confident that in the short term this should be trading in the region of 12-15P? Is he being bullish as always or has he seen something here that he will share with us in the due course?

Leyshon Energy life after death - LEN
nick297 - 12 Aug 2014 - 21:39:11 - 1655 of 1660
Guys don't forget PA is a gambler, either he will get you atleast 20p + or a big zero from this binary game. This is a fact and I know deep down in my brain, no matter he hires a big gun like frank fu or any fu..in executive from BP or anywhere else. PA is trying his best perhaps from a loosing battle like this one, which even he wants to be surprised with the positive results.

[wardy333] 13/8/2014 07:38

wordog .. Yes and while that was going on P/A continued with his Proactive speils and one well already had water ingress which he kept quiet about, that upset a lot of people, I was sat at one of the Proactive meetings and spoke to him, a Monthly update on what is going on is not much to ask, October is the deadline and thats 7 weeks away, we will know by then if ZJS7 is a goer or not.

[nick297] 13/8/2014 07:22

Rvsy, a responsible MD who r u talking about? The one who talks about 100quid a share to investors not so long ago without even a clue if all the wells are dud.

[rvsy38] 12/8/2014 23:21

nick297 - I can't disagree more strongly with your statement about PA being a gambler. The company took considerable time for the team led by Tony Meggs and their technical consultants to make a detailed review of the 3 well programme completed in 2013 before starting the flow tests on ZJS7 and committing to drilling the fourth well ZJS8. These are the actions of a responsible managing director who wants to minimise risk and are certainly not the actions of a gambler.

[wordog] 12/8/2014 22:08

It took 10 weeks to test ZJS 5&6, that's an average of 5 weeks and they predicted 4 weeks. One was commercial and one was not. They did not give results as they came to hand, they waited ten weeks to update on both. At least now we will hear about ZJS 7 when results are available.

[nick297] 12/8/2014 21:39

Guys don't forget PA is a gambler, either he will get you atleast 20p + or a big zero from this binary game. This is a fact and I know deep down in my brain, no matter he hires a big gun like frank fu or any fu..in executive from BP or anywhere else. PA is trying his best perhaps from a loosing battle like this one, which even he wants to be surprised with the positive results.

[socktrade1] 12/8/2014 20:25

Wardy you talk a lot of shiiit... what do you expect them to say???? you want an RMS eepeating themselves? they are an experienced bunch, with two of them being ex bp executives.. when there is news they will issue it .. if you are not patient sell out.. you are acting like a child. you have to be patient to reap the rewards

[wordog] 12/8/2014 19:51

Wardy, we will hear from them when they are 100% sure the well is commercial or not. What exactly would you like to hear before then?