Ophir Energy Share Discussion Threads

[pineapple1] 27/11/2015 12:00

The market generally knows and if £2 was on the table or even being whispered this would be at £1.90 now.

[spacedust] 27/11/2015 11:54

The company bought it's own shares north of 160p. Near £2 offer I'd say than 120p. We could see 120 next week of opec cut production

[nigelpm] 27/11/2015 11:34

And then Nigel woke up from his wet dream....pmsl

Then you need to re-read what I actually wrote in detail and engage brain.

[pineapple1] 27/11/2015 11:33

nigelpm
27 Nov'15 - 09:47 - 2440 of 2444 0 0

Not sure what knockout means but certainly north of £1.50 to have any chance of success.

Most likely £2+


And then Nigel woke up from his wet dream....pmsl

If i'm not mistaken you had the same absurd valuation on your SMDR shares at the time when the market was saying a much lower level of price from the bidder

[wbodger] 27/11/2015 11:18

From 31/8/15
hxxp://theunion.com.ng/energy/seplat-gets-bigger-partner-as-mp-absorbs-mpi/

Chief Executive Jean-Francois Henin [of M&P] said that the group would work intensively in the coming weeks to secure another deal with a competitor of its stature. “Companies the size of MPI, or MPI plus Maurel & Prom, are no longer big enough to remain independent,” Henin said. “We can survive, but in terms of the future for our shareholders, it’s absolutely necessary to build a larger, more diversified group.”

[nigelpm] 27/11/2015 10:53

Of course it could go hostile but in this environment I doubt it.

[nigelpm] 27/11/2015 10:52

Why lol?

You really think long term investors and the board will accept a derisory offer with the potential value in the business?

I very much doubt any bid will succeed for that very reason.

The potential here is of many multiples of £1 if both oil prices rise and the projects continue as they plan.

Both are quite possible events.

[tonysss13] 27/11/2015 10:46

£2 lol

[nigelpm] 27/11/2015 09:47

Not sure what knockout means but certainly north of £1.50 to have any chance of success.

Most likely £2+

[nigelpm] 27/11/2015 09:47

M&P - interesting - only the Daily Mail reporting that though so probably nonsense.

[spacedust] 27/11/2015 08:56

Opec next Friday??? Will increase production???

[guy_fawkes] 27/11/2015 07:27

Maurel & Prom

hxxp://www.maureletprom.fr/index.php?lang=en

[nigelpm] 26/11/2015 18:43

little bit of adjustment from me today. selling out some OPHR for SIA.

Purely, based on relative value.

Both are still rock bottom though.

[jovi1] 26/11/2015 17:25

it seems there is a number of rumors about take over, i wonder how is really pulling the string.
in some cases we know the front like new age but can it be some very well informed people with some Saudy cash making a shopping list before agreeing to cut production?
well that would be nice, even in case of bid will be cash or paper?
in any case i remember that in the past before poo pick up we had many consolidation.
well let hope this is the turning point.
for me i will keep the same strategy and add at regular interval regardless the news of the day, and not due to add untill next week.
good luck

[spacedust] 26/11/2015 17:04

Prefer takeover. If merger then down will go the share price post merger

[wantmorethan24p] 26/11/2015 16:43

hmmmmmm takeover talks and merger talks...

who could it be?

[nigelpm] 26/11/2015 16:32

Yes, absolutely. With you on that one.

[loglorry1] 26/11/2015 15:58

Agree Nigel the only thing I've noticed is that when large transactions are reported like the 1.2m we saw the stock does tend to then move with the trend a bit. Purely circumstantial observation on my part. It could be that a large seller who was holding the price down is cleared for example allowing buyers to make progress higher.

It's a mugs game trying to predict it though.

Log

[nigelpm] 26/11/2015 15:51

Indeed. We've been through this before spacedust.

It's folly trying to explain something as a buy/sell as a trade in that size.

[loglorry1] 26/11/2015 15:49

spacedust the MM will only take stock in NMS e.g. a few shares on the bid and then drop the bid etc. Obviously if there are buyers out there the MM could sell at the offer and make some money. Also if its a stock with order matching others can put in bids and offers into the book which might get lifted. In addition off market transactions can take place directly between buyers and sellers via their own brokers and these are then reported to the LSE.

A MM will try to keep his book flat in general neither wanting to be long nor short. It's highly unlikely they would take 1.2m shrs IMHO.

[sachemuncas] 26/11/2015 15:18

Ophir Energy (LON:OPHR) Rating

Professional Analysts at UBS Maintain their “Buy” rating for Ophir Energy (LON:OPHR). The Price Objective Given is GBX 120.00

UBS have a GBX 120.00 price target on the stock. The price target would indicate a potential upside of 25.85% from Ophir Energy (LON:OPHR)’s stock close price. This rating was revealed in analysts note on Thursday morning.

Out of 13 analysts covering Ophir Energy (LON:OPHR), 4 rate it “Buy”, 0 “Sell”, while 9 “Hold”. This means 31% are positive.

GBX 225 is the highest target while GBX 90 is the lowest. The GBX 117.83 average target is 23.51% above today’s (GBX 95.4) stock price.

Ophir Energy was the topic in 28 analyst reports since July 27, 2015 according to StockzIntelligence Inc.

Credit Suisse maintained the stock on November 17 with “Neutral”; rating. Liberum Capital maintained it with “Hold” rating and GBX 102 target price in a November 10 report.

Barclays Capital maintained the shares of OPHR in a report on November 13 with “Overweight221; rating. Investec maintained the firm’s rating on October 26.
Investec has “Buy” rating and GBX 115 price target.
Finally, Deutsche Bank maintained the stock with “Hold” rating in a November 12 report.

UBS have a GBX 120.00 price target on the stock. The price target would indicate a potential upside of 25.85% from Ophir Energy (LON:OPHR)’s stock close price. This rating was revealed in analysts note on Thursday morning.

[spacedust] 26/11/2015 15:18

So what happens if all us Joe blogs and Russian billionaires etc want two sell only every single day? The price will tank right?

[loglorry1] 26/11/2015 15:00

spacesdust if the trade was to a market maker then the market maker would only be required to deal in normal market size. The MM would be daft to accept or sell 1.2m shares at the current bid or offer as they'd then have to get their book flat and that would be hard. So for large trades they are normally exactly that a buyer and a seller meeting on a price and that prices is reported to the LSE.

[spacedust] 26/11/2015 14:35

Yes yes but if everyone only sells and no one wants to buy then the market makers will have these stored. I don't buy that buy sell 50 50 ratio bullocks

[sporazene2] 26/11/2015 14:27

yes nigel, certainly suggests some substance to the rumours yesterday