Mayan Energy Share Discussion Threads

[piperpeter] 10/11/2017 12:28

Well if 2019's operating profit is three times that of 2018's should we assume the profit per share at that time would also treble?

0.45 US cents (profit for 2018) x 3 = 1.35 US cents = 1.02 GB pence per share.

Just a thought!

Pp.

[someuwin] 10/11/2017 12:27

1p+ for sure.If not today then next week

[brasso3] 10/11/2017 12:24

I really do not know where this will end today... 1p?

[patientcapital] 10/11/2017 12:19

Agree, Keya. Very positive feel here. Looking forward to updates next week or whenever.

[on target] 10/11/2017 12:06

Torp - I know you have trouble reading but try looking at the date in the RNS.

[keya5000] 10/11/2017 12:05

HG we will know next week -)

The initial findings will be evidence that the business plan can be scaled out.

That operational event is now in progress and everything we have had to date suggests EG is delivering.

2p short term target.

[highly geared] 10/11/2017 11:48

Pp; based on 2019 projections I get c. 7.5p. Market looks 12 months forward so some real excitement to come if the initial work overs exceed expectations. We’ll know on that score in the next 12 weeks or so.

[highly geared] 10/11/2017 11:44

Yes, we’re watching as the price increases... if this was the old Northcote I’d agree( I lost nearly £10k in that!). But, be prepared to change your mind when the facts change and a great opportunity presents itself. NAI.

[brasso3] 10/11/2017 11:43

I just see one way traffic now of buys.

[torp] 10/11/2017 11:38

Watch the rush for the door now the reason for the spike is out imho

[patientcapital] 10/11/2017 11:35

No wonder their share price is bumping along the bottom whilst MYN's is doing the biz.Wouldn't want to be out of this over the weekend!Someone had to say it :)

[highly geared] 10/11/2017 11:35

Pp, based on 2019, £50-75 million market cap justified provided the oil reserves hold up. I’ll hang around a year for a 20 bagger😎

[mally6] 10/11/2017 11:19

Knew there was a seller hold it down mx oil clueless sold out cheaply

[brasso3] 10/11/2017 11:10

Hold RNS

MX Oil sold out. The stock cleared pretty quick!

[piperpeter] 10/11/2017 10:53

The following year it begins to get silly.

2019 Forecast.

Gross Profit.........US$ 12,830,000
Operating profit.....US$ 10,830,000

I'll be expecting a dividend then!

Pp.

[brasso3] 10/11/2017 10:53

MMs playing the same game as yesterday. Another late afternoon surge on the cards?

[highly geared] 10/11/2017 10:37

Piperpeter; good stuff- just shows on a forward earnings basis how unbelievably cheap this is and that this should comfortably 5 bag from these levels in the next 6-12 months provided the work overs proceed as expected. Khan is backing his judgement to the tune of £250k...

[oilbuy] 10/11/2017 10:30

Yep she is going to fly

[someuwin] 10/11/2017 10:29

Nothing to hold this back now!

[sigora] 10/11/2017 10:27

all systems go

[piperpeter] 10/11/2017 10:24

A condensed version of the Align Financial Forecast for 2018.

Revenue..............US$ 8,900,000
Sales................US$ (3,630,000)
GROSS PROFIT.........US$ 5,270,000

Administration.......US$ (1,900,000)

OPERATING PROFIT.....US$ 3,370,000

PROFIT PER SHARE.....0.45 US cents per share (0.342 GB pence).

Pp.

[tomboyb] 10/11/2017 10:24

No big seller left for next week when we expect news -

[astralvision] 10/11/2017 10:21

fill yer boots, MX gone.

[tomboyb] 10/11/2017 10:18

Good news -

MXO is now out!