Lochard Energy Share Discussion Threads

[falklands] 30/5/2013 11:44

As the number to vote No has not been up on the thread it's corn hill capital 02077109610 we are nearly there and could pass today leading to RNS

So come on stop messing about vote no Tom because lhd worth more than the cap in cash year end !

[falklands] 30/5/2013 11:22

Yes well traders panicing offer falling apart good. More cash than cap year end

Guess I won't be on Tom Christmas card list

[nw99] 30/5/2013 11:03

250k sold at 4.3 !

[nw99] 30/5/2013 10:18

Sorry magazine article only

[utrecht_00] 30/5/2013 09:30

Shareholders may well be but the deal at 4.9p won't fly.

[therealdeal5] 30/5/2013 08:52

nw99 can you post the article fella? i see someone else asked you to on the other board as well, Cheers Geez,

[nw99] 30/5/2013 08:12

Good article in shs mag on LHD , why share holders are better off with Parkmead

[nw99] 29/5/2013 18:02

Buying around a these levels

[therealdeal5] 29/5/2013 09:06

nw99 when you buying more LHD? and at what price? cheaper than this? 4.82p is what it is to buy now are you saying they will get cheaper? lol

BUYING 100,000 LCHRD EGY @ £0.0482
Action Buy
Quantity 100,000 Shares
Symbol LHD
Firm Price £0.0482
Discount £0.0018
Quote Time 29/05/13 09:06:08
Net Consideration £4,820.00
Commission £8.95
Stamp Duty £24.10
PTM Levy £0.00
Total £4,853.05
Settlement Date 26/06/13
Settlement Period T+20
Market Currency GBP Sterling
Settlement Currency GBP Sterling
Indicative FX Rate 1.00

[nw99] 29/5/2013 08:54

I will buy more LHD cheap way into PMG If deal doesn't go thro or offer raised then will be happy either way

[giant steps] 29/5/2013 08:20

Re: #1577 : Simply need to watch for direct market intervention (should be fun !)

[therealdeal5] 29/5/2013 08:19

6p will be the takeover price if they do, start low then you can go higher, but don't put your best offer on the table to begin with, 6p it is then, lol so i bought more PMG this morning



Order Detail
Order Status Executed
Order Reference GDMHFW
Date 29/05/13
Time 08:05
Stock Name PARKMEAD GRP
Action Buy
Order Type Market
Symbol PMG
Quantity 50,000.00
Limit Price
Price £0.1259
Consideration £6,295.00
Commission £8.95
Stamp Duty £31.48
Levy £0.00
Total £6,335.43
Accrued Interest £0.00
Expiry Date n/a
Settlement Date 26/06/13
Settlement Period T + 20
Market Currency GBP
Settlement Currency GBP
FX Rate Applied 1

[utrecht_00] 29/5/2013 08:17

Nw99, not at the price they are offering. Better to return cash to shareholders in dividends. If cornhill cap have over 20% already then I doubt this deal is going to go ahead valuing lhd's at 4.9. I suspect pmg will have to seriously raise their offer.

[falklands] 29/5/2013 08:15

No in 6 months time lhd will have more money than cap why do you want that loo paper.

Anyway busy day ........

[nw99] 29/5/2013 08:10

Much better for us to be under PMG with access to funding .

[giant steps] 29/5/2013 08:06

Exactly falklands, 25% is the blocking vote - achievable imo

Interesting times ahead.

[falklands] 29/5/2013 07:50

Really it has to be voted on tel number on Chrisoil twitter UT ! Have 20% plus soon the other 5% bye bye tom

Does not matter if Tom gets 70% the fact is if 25% say no it's dead no deal

[therealdeal5] 29/5/2013 07:16

http://www.courthousenews.com/2013/05/28/57974.htm

[therealdeal5] 29/5/2013 07:15

http://www.energylivenews.com/2013/05/28/more-north-sea-oil-discovery-for-statoil/

[therealdeal5] 29/5/2013 07:02

GUYS Good Luck but i feel you are flogging a dead horse here, heard it seen it all before with DEO who was trading in the high 50p range at one stage, they had a lot more oil in reserves than Lochard do, so what chance has LHD of being successful? very slim chance but no harm in trying i suppose, now i am really interested to see how this unfolds. I suspect Mr Gardner is behind this to protect his investment here, i will be surprised to see he will get the support he needs this time around, it has been mentioned they want to be part of PMG but want a higher price, lol this is Tom Cross we are talking about, he has many friends in the right places. Ask yourself why he would announce this with only 40%of the shareholders on board, he must have others lined up ready to throw the towel in here.

[utrecht_00] 28/5/2013 22:28

Any links to the corn hill capital piece please?

[falklands] 28/5/2013 19:30

Yes what do you think I have been doing all weekend apart from buying olde certificate !

[wbodger] 28/5/2013 18:45

One last thing, have people been watching the revolution by shareholders mentioned on Bloomberg and OnlineWSJ ? Sorry I don't have links, but the reporter at Bloomberg is Gourav Panchal, and at WSJOnline it is Ian Packham. Should be able to google it soon.

Here's the gist: Cornhills are leading the revolution:
"The consortium, which represents about 20.37% of Lochard's shares, is rejecting the offer of 0.385 Parkmead shares for every Lochard share, as it 'materially undervalues the company,' according to an emailed statement from its advisor, Cornhill Capital."

If anyone is registered on III the reports are there. I'm rather expecting to be well in profit, after all. ;-)