Nautical Petroleum Share Discussion Threads

[jaws6] 13/6/2012 08:31

I sold 464 for few

[leedskier] 13/6/2012 08:24

I have no view on that. I do know that shares may be hammered next week if the Greeks on Sunday vote against the parties supporting the bail out. In which event there may be some bargains in the market.

[scalpface] 13/6/2012 08:15

don't think a rival bidder will come through?

[leedskier] 13/6/2012 08:09

I have taken the 465p.

[oilretire] 13/6/2012 08:06

Market says another bid? 463 open?? or just opening froth?

[falklands] 13/6/2012 08:01

Well done steel ! Back to £4.50 after all !

Must say good offer in these markets well done all.

[oilretire] 13/6/2012 07:59

Or KNOC? Still keeping 'Dana' name as the NS operating arm

[twozuluzulu] 13/6/2012 07:58

it seems like a lot of consolidation going on in the oil and gas sector atm.
will bankers petroleum [bnk] be next i wonder.

[fangorn2] 13/6/2012 07:57

I'm surprised the offer for NPE is only at a 50% premium to yesterday. Will be holding out for more as the company has plenty of cash, therefore isnt in as desperate a situation as Encore was.

Wonder if we will get a counter.....

[leedskier] 13/6/2012 07:57

Exactly oilretire. One share I have a small foot print in is PMG, the vehicle created by Tom Cross. He has already put in a bid for another oil company. Hopefully like NPE (and EO.) it will not be over diluted. Not sure if this is the best time to bet the farm on it though.

[oilretire] 13/6/2012 07:52

Or taqa leedskier

Nice start to the day, especially in these markets - only trouble is NPE fell into the 'comfortable' area of my folio in any market......

[khitchen] 13/6/2012 07:48

thanks leedskier

[leedskier] 13/6/2012 07:43

The only possible bidders I can think of would be Statoil, Bp. and PMO.

[5jacko] 13/6/2012 07:42

Well done chaps... Maybe xel the next one? Yes I hold there.

[khitchen] 13/6/2012 07:40

leedskier
you did very well there, who is the next one , any idea, & will £450 mill be enough or will other bidders come

[leedskier] 13/6/2012 07:38

The price though not optimal, reflects the view recently expressed by the CEO of Royal Dutch Shell, namely that the price of oil will be lower in H2/12, coupled with the risk at large in the equity space.

[jaws6] 13/6/2012 07:36

leedskier
Tks.will talk later on that .
w done.I got few .who is another partner of NPE ?Do you remember ?

[mariopeter] 13/6/2012 07:35

Well done holders here. 80000 trade yesterday might attract a stewarts enquiry !

[bomfin] 13/6/2012 07:21

thanks. A bit quicker than I thought :-) but I'm not complaining.

[leedskier] 13/6/2012 07:20

I do not know jaws. Two of my three largest holdings have now been taken out, EO. and now this. Both of them were (in my view) very safe shares. Not sure where to plough cash in this market, especially ahead of the Greek vote.

[jaws6] 13/6/2012 07:13

Leedskier
G morning and what's next move.

[topinfo] 13/6/2012 07:13

Well done Guys, nice result for ya.

[leedskier] 13/6/2012 07:12

Thanks. Talk about insider trading still being rampant ... look at my previous post.

[sparkstrader] 13/6/2012 07:08

Congratulations to NPE holders.