Lochard Energy Share Discussion Threads

[utrecht_00] 04/4/2013 15:05

We are expecting an announcement on who the operator of the blocks we have interest in. Then an rns on the Gemini repayment and the Henderson loan. Then I guess the sale rns.

[therealdeal5] 04/4/2013 14:58

I have added up all the shares held here allowed for the extra on hendersons buy today & they hold 82.503%, so i'm right, if ASX holds 6.5% and they are selling off right now, it seems II's might be buying them in the background, so we have approx 17.5% shares left in circulation, that's not a lot of shares in the hands of the PI's i say hold on to these shares as they might just make a few quid, lol

Major Shareholders
Shareholder Type Amount % Holding
Jamie Brooke - 86,651,883 28.99
Henderson Global Investors Limited - 86,651,883 28.99
R J Barby Esq - 19,880,671 6.65
Gardner Marketing Party Ltd - 17,528,421 5.86
H L Gardner - 16,428,422 5.50
Seren Capital Management Limited - 14,002,000 4.69
Director Holdings
Name Type Amount % Holding
Mike Rose - 3,781,570 1.27
Peter Youd - 40,000 0.013

[therealdeal5] 04/4/2013 14:53

sea i am just trying to look at what news we may have that might affect our share price shortly, especially with the buys going through right now, there can't be a lot of FREE shares floating about right now,

[sea7] 04/4/2013 14:51

I think a material alteration to the repayments such as this will be announced as it occurs, after all, it is price sensitive.

[therealdeal5] 04/4/2013 14:47

so what about loan regarding 2o% repayments from 50% will they update on that as well? surely they would to help get a better price for Athena, or maybe they don't want a better price, deal done already.

[sea7] 04/4/2013 14:07

I would expect a housekeeping rns regarding it.

[therealdeal5] 04/4/2013 13:52

sea my apologies, not up to date on that then, Cheers, so may then we should get an update?

[sea7] 04/4/2013 13:50

Trd,

The company issued an rns on 11 march correcting the de-listing from asx from 14 april to 22nd may as it is three months from the date of the despatch of the letter to cdi holders.

[therealdeal5] 04/4/2013 12:25

Hendersons would be Privy to results if you ask me, so i don't think that's the situation, more like Tax benefits somehow, an Accountant would know why, that i am not.

[therealdeal5] 04/4/2013 12:24

sea i don't know mate, it's all smoke & mirrors right now, so much secrecy not like the old days when there were rumours in the Newspapers etc, those days are gone, even Dusters are not fashionable nowadays, maybe because DESIRE are not drilling lol, the good old days when DES would rise on a Duster, we need those days back, i think TC might arrange a loan this time, as i reckon he won't want that many more shares on the market, he wants to stay in control this time, he won't want another Hostile takeover on his hands, i really want cash for these, i just don't know where it's going to come from, a Merger seems more likely to me, then an RNS saying it was the best offer they got lol, you tell me!!

[sea7] 04/4/2013 12:03

hendersons bought an amount of shares in pmg pre results which took them over 5% and then sold about the same amount, at about the same price post results which took them back below 5%.

Why, results not as good as they thought or client instruction.

Pmg would need to issue at least 150m shares, creating a 16.5% dilution to make a low ball, all paper offer of 2 for 1, valuing lhd at 6.5p. (based on pmg current price)

any thoughts TRD. Don't fancy any pmg myself!!!

[therealdeal5] 04/4/2013 11:54

Falklands i'll help you out fella, how about faroe petroleum? lol now they could be interested, would tie in nicely with PMg & Perth field developments, but i don't think it is them, i say it's PMG, i am gutted if it is, as i don't want anymore PMG, i am holding over 700,000 shares there, so it's in my best interest not to have anymore PMG, i want cash fella,

[therealdeal5] 04/4/2013 11:50

Falklands read the latest comments from Tom Cross, he said he looking at approx 6 companies for a takeover, i reckon AEY, NOP, LHD are 3 of them he is eyeing, i know alot of people don't like PMG for whatever reason, that doesn't bother me, what i will say is just have an open mind, these are difficult times, TC says he has Banks throwing themselves at him, oversubscribed for last placing, foreign investors in his office last week, 50p target, just do you own research, this is my opinion i will stick with it, you have your, i have mine, a large company won't touch Lochard, it has to be a small to Medium sized company, think about it, lol this is way too small for a large company to bother about.

[therealdeal5] 04/4/2013 11:46

lol, blowing smoke? well lets hope PMG don't get this, but i hedged my bets low enough here, so i do care who gets this, i don't want more PMG paper i have said this previously, i have way enough PMG for now, i want cash for this company just like most of you, but why would Hendersons sell 3.1 Million shares in PMG yesterday & BUY more in LHD? please answer that for me? they did the same with DEO before that got taken over by PMG, i'm just saying beware here, i am not trying to cause trouble, just making people aware, i hold shares here, so why would i not be concerned? anyone want to hazard a guess as to who might want to buy this company then????

Please don't keep saying a private entity that doesn't hold water with me, i need a name.

[falklands] 04/4/2013 11:45

I note a we mention of pmg on nop thread W

[wbodger] 04/4/2013 10:49

How do we get to PMG from this announcement about a (well publicised) FDP concerning Perth field in 15/21?

I'll go away and read the PMG Results but I suspect, realdeal, that you're blowing smoke.

[utrecht_00] 04/4/2013 10:44

Personally I think this go to a private equity fund. Don't really care though as long as its a deal that values Lhd around 9p then I am ok with it. Should be an exciting month coming up.

[falklands] 04/4/2013 09:58

There deal closed mind no I don't care who buys lhd for 9p but I am just saying there are private buyers with cash and pmg cash position looks weak

Do you really want to have pmg shares for some reason ? And then we all sell in a panic when we get them for less ?

You could argue private buyers which I know to be in talks will offer cash and higher amount

[therealdeal5] 04/4/2013 09:38

Hendersons & PMG have an affiliation so it's inevitable, you can argue all you like about it, it's happening, TC classed hendersons as Quality Investors, so look at jamie brookes holding & hendersons, it's done fellas, i wish it was a cash offer but i doubt it will be, unless TC puts more of his won cash in which i doubt, he may have the loan arranged for two or three acquisitions already, so not necessarily going to dilute even further, he said banks were queuing up at his door, also foreign companies/investors were in his offices, believe what you want this guy is a Genius when it comes to raising cash & getting quality investors aboard, GLTA DYOR as always, M

[bomfin] 04/4/2013 09:26

I think when a 28.99% holder moves to 29.83% it's certainly interesting.

[therealdeal5] 04/4/2013 09:12

cashandcard it's no good this person has a closed mind, not good when dealing in shares, he/she won't be told until they are swallowed up by PMg the writing is on the wall, i must say Ivelosthelot said this along time ago but that's when LHD was alot higher than it is right now, i disagreed at the time as i said TC wouldn't pay that much for them, i think they were around 9p ish then, i was right so was he, i said TC would want them alot cheaper, that's why i didn't buy in when it was mentioned back then, also production went down, i waited fr production to come up again & the share price to drop, i kept telling Ivelosthelot to stop buying as i was trying to help him buy in at a decent price but he kept buying, i don't mean to hurt any share, i just call it as i see it, sometimes i'm right, sometimes i'm wrong, this time i was right to wait for the fall, now i see PMG taking not only LHD but also possibly AEY & NOP, you think i'm MAD? lol well look at the Rich List i have posted £140 million gives you an awful lot of borrowing power with Banks, i can borrow what i like from the Banks as i have money, but others in less fortunate positions can't, the funny thing is i don't need to, nor does TC right now, he will wait for the correct timing to get the loans he will require, then we will see a Consolidation in the shares at some stage, GLTA, M

[cashandcard] 04/4/2013 08:57

Falklands,

How?

All-share transaction.

Cash

[falklands] 04/4/2013 08:54

There deal please dont over react reread my last post and no I never posted on lse try twitter under another name.

All I ment was if you look pmg has limited cash on last updated RNS so how are they going to buy lhd by diluting themselves by a significant percentage?

[therealdeal5] 04/4/2013 08:33

Falklands now get a grip fella, who are you Wikkid22 from LSE? so you must be losing bundles on your investments with a closed mind like that, why am i on about PMG all the time? because i do my Research, i didn't want more PMG shares i said that all along, but i bought 300,000 shares in LHD as a hedge, 200,000 @ 3.6p & 100,000 @ 3.7p if i can help people make some money & point out a company that is actually growing not shrinking like LHD i reckon that's a good thing, so who do you think will buy LHD now then? lol c'mon give me your best shot this i have to hear, you must be down quite a bit on these to have a reaction like the one you just did, they have no cash left pmsl, who needs cash when you can issue more shares? you really need to open your eyes, more dilution for PMG holders it seems, but more Oil as well, then AEY or NOP will be on TC's list, a huge cash injection from the Banks, faroe to carry us on Perth with some deal done with them for that, The CEO wouldn't have faroe where it is now if it wasn't for TC, you keep doing what you're doing fella if it's working for you stick to it. all the best.