Matra Petroleum Share Discussion Threads

[rodneyfoster] 19/12/2018 15:55

They may suspend trading otherwise this could be worthless .Can't continue falling at this rate .How will they raise money next year assuming still tracing

[maceman] 14/12/2018 11:45

Well my optimism for 2019 was built on a base-level not of 2/3 sek!
Have to say I'm far less optimistic now especially with Trump managing to keep oil prices down.
If the inevitable downturn comes, oil prices certainly won't shoot up!

[maceman] 29/11/2018 16:09

How long can we go!? It's virtually worthless- to the long term holders that is.

[papillon] 29/11/2018 13:06

The chart looks awful, maceman. Since it listed again around 18 months ago the longer term trend, apart from short term periods, has been down.

[maceman] 29/11/2018 09:48

Into the twos now. Terrible!

[woodpecker25] 27/11/2018 09:48

No problem paps. I myself have been invested here since the Hungary days so I understand where you are coming from. The A-12 days were quite exciting, with so much expectation...
My remaining holding I keep in my SIPP is really just "out of interest". It certainly doesn't fit my criteria for a serious investment anymore and I effectively wrote it off years ago!

[maceman] 26/11/2018 15:59

On a side note, if 2019 doesn't come good I can never see this share ever flourishing.

[maceman] 26/11/2018 15:58

Well that's true of course but when I was out in NY with over 2 bucks to the quid, I still remember petrol costing me comparatively the same as it does now, taking into account inflation! The main reason we'll never have cheap petrol here is because of the amount of tax on it, not the exchange rate or the price per barrel.

[woodpecker25] 26/11/2018 14:07

Great use of the caps lock there paps! Are you invested here or just passing the time of day?

[papillon] 26/11/2018 13:13

Yes, but the supermarkets, like Asda, who seem to drive the pump prices these days DON'T buy crude oil! They buy refined products, petrol & diesel. Are the refineries attempting to improve their margins? HOWEVER far more importantly you are FORGETTING that crude oil and the refined products are PRICED in DOLLARS. Unfortunately since the referendum on 23/6/2016 the POUND STERLING has been very WEAK against the dollar and has gradually got weaker recently. You are forgetting the exchange rate, gentlemen! Unless the pound recovers against the dollar we will always pay more at the pump than we did before when the PoO was the same.

[maceman] 26/11/2018 10:52

Agree with both you guys above. Even when oil does sink, we never seem to pay less than about 1.18 a litre. Con artists.

[pokerdude1] 26/11/2018 06:27

Papillon may seem like it’s good news but when POO was this low we was only paying just over £1.07, they are dropping fuel prices by 1p per litre but that still means that we are paying £1.30 per litre. They will not pass on the benefits in full.

[papillon] 23/11/2018 17:55

The falling PoO might be bad news for MTA, but it's good news for UK car drivers:

[papillon] 23/11/2018 16:53

WTI price is currently only US$51.23 per bbl. Not good news for MTA, or any North American based oiler. Gas price is better, but WTI is more important for MTA.

Yes maceman, that's one reason for Trump not going too hard after MBS for the Khashoggi murder; Trump wants to keep Saudi Arabia sweet and hence keep the PoO low as it benefits American manufacturing and keeps American car drivers happy. Upset the Saudi's and they might cut back on the flow of oil and hence dramatically raise the price.

[maceman] 23/11/2018 09:00

A little bit underwhelming today but the bigger picture is clearly going to be pathed out next year. Shame Trump is now using political leverage to get oil prices down though.

[maceman] 21/11/2018 11:12

He'll only be back if his sell price gets breached. He certainly won't be back when he sees the opposite happening as schadenfraude won't then apply to him.

[mike2042] 21/11/2018 08:00

Fantastic, Supertedsmith - good bye (again), don’t let the door hit you on backside, on way out.

[maceman] 21/11/2018 07:42

One word: schadenfraude.

[rodneyfoster] 20/11/2018 21:53

I am sorry if my posts upsetting guys .I just tell the truth as I see it and sadly most of what I predicted has turned out to be true .I won't post again Good luck everyone

[alex ostrovsky] 20/11/2018 21:17

Maceman
Not quite sure why you rise to it, This guy clearly gets satisfaction from winding up people on here, just filter or don't react to his posts, the old chap is very bitter and twisted about his losses, maybe all is not what it appears with this person :-0