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OPHR Ophir Energy Plc

57.50
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ophir Energy Plc LSE:OPHR London Ordinary Share GB00B24CT194 ORD 0.25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 57.50 57.40 57.50 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Ophir Energy Share Discussion Threads

Showing 6026 to 6050 of 6375 messages
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DateSubjectAuthorDiscuss
28/1/2019
06:36
Time now is 14.36 in Jakarta. Expect an RNS at 07.00 hrs here in London.
funtimejonny
27/1/2019
21:43
Don't think anything is going on - but we'll see. Amazing radio silence if there is to be a bid - almost unheard of but I guess the Indonesia source helps that.
nigelpm
27/1/2019
20:59
Interesting read, thank you. Weird that 70p is mentioned, I guess we'll know by tomorrow what is going on.
arteespresso
27/1/2019
20:26
Perhaps Medco need Ophir....
Find out shortly....

general george
27/1/2019
20:11
Translated by Google:


KONTAN.CO.ID - JAKARTA. Amid uncertainty about Ophir Energy's acquisition, some analysts still doubt the impact on the performance of PT Medco Energi Internasional Tbk (MEDC) going forward.

PT Medco Energi Internasional Tbk (MEDC) seems to have to reconsider the acquisition of a British company engaged in exploration and upstream oil and gas products, Ophir Energy Plc. Because, they asked Medco to increase the price offer that had been previously proposed by 48.50 pence per share or a total of £ 340 million for 707 million shares.

The acquisition of Ophir Energy, Medco Energy was asked to increase the price offer
William Surya Wijaya, Vice President Research Department of PT Indosurya Bersinar Sekur, assesses the progress of the acquisition. So, for now, the performance will still be greatly affected by the weakening world oil prices instead of acquisitions. "Even though the trend in oil prices has weakened, the acquisition or failure of the acquisition cannot be measured in MEDC's income and profit," he said.
Meanwhile, Arandi Ariantara, Analyst at Samuel Sekuritas, saw the acquisition of Ophir Energy potentially boosting the performance of MEDC's EBITDA in 2019 by 44%. This is driven by the acquisition plan that has begun since October 2018. "The Bloomberg Consensus estimates the Ophir EBITDA 2019 to reach US $ 292.8 million, so MEDC's EBITDA has the potential to reach US $ 964 million, up 44% from the 2019 EBITDA assumption," he said January 17, 2019.

Arandi also noted that in 2018, Ophir Energy acquired productive assets from Santos Ltd, Australia, including the Sampang PSC Block, Madura in Indonesia.
"MEDC's production, if the acquisition is realized, will be 116.7 mboe / d, which is 41% oil, and 59% gas. We estimate MEDC's oil and gas production by the end of 2019 to be 90.3 million barrels of oil equivalent per day (mboe per day) with block A Aceh contributing gas production of 6.0 mboe / d. then the entry of Ophir's production of 27.0 mboe per day of MEDC 2019 oil and gas production increased to 116.7 mboe per day including 41% oil and 59%, "he concluded.

Arandi estimates that the acquisition value of MEDC and Ophir Energy can reach US $ 718.6 million, if using the 2018 price to book value assumption of 1.1 times. Previously, he saw Ophir Energy reject an offer of US $ 437.6 million with a value per share of US $ 0.62 per share. When using the P / BV assumption in 2018 of 1.1 times, Arandi sees the value of Ophir Energy's acquisition of US $ 1.02 per share.
Arandi recommends buying shares with a target price of Rp. 1,300 (0.70p) per share. While William Surya suggested selling with a target price of Rp 950 (0.51p).

hxxps://investasi.kontan.co.id/news/begini-dampak-rencana-akuisisi-ophir-energy-oleh-medco-energi-medc-menurut-analis

goldennugget100
27/1/2019
18:08
Alas a number is just that, the voice of reason, for it matters not what it is, but that it exists. As the heavens open and the rain befalls us, each drop is just a tear in the ocean. What is important, is that we are protected by the shelter. Should the bus pass, it matters not, for we are in search of the question, without which, the answer has no meaning. As time passes, try and remember why it was that you stood in the shelter, waiting, for then the question shall reveal itself.
goblin99
27/1/2019
16:27
Johota,

All I am privy to is common sense.
The assets may be worth much more in an ideal world.

However, Tanzania is hardly going anywhere currently. Many things, including gas prices are different to when Pavillion stumped up for 20% It's possible it goes the same way as EG.

Why would Medco bid over the odds? They want it a cheap as possible.

The fact it was 35p recently shows the market doesn't place much value on Tanzania either.

For someone who was heavily short.....you have changed your tune lol

general george
27/1/2019
15:52
Since when have you and GG been privy to the takeout price , the assets are worth at least 140p , major II have Booth nicely in their pocket , unlike Cooper who was a loose cannon .
jotoha2
27/1/2019
15:10
90p. Funny board this at times. As GG says absolutely no chance. Better to tell medco to come back in a years time. Might be viable then.
nigelpm
27/1/2019
14:59
No chance of 90p absolutely none.
Mid 50s is a possibility.

If Fortuna was in the mix, it may be different. But it isn't.......

Personally I will be happy with 55p, as will over 50% of holders....

general george
27/1/2019
14:36
Any bid that is agreed to below 90p - which is the target as of 30 Dec 18 from Morgan Stanely the broker / advisor for Ophir will be a win for Medco & a loss for Ophir CEO Alan, Board & ADVISOR MORGAN STANLEY

MORGAN STANLEY WILL IN THE CASE OF A 58p BID FROM MEDCO BE FACILITATING THE SALE OF THEIR CLIENT OPHIR FOR LESS THAN WHAT THEIR EXPERTS VALUE OPHIR..... 90P

A 30%+ HAIRCUT FROM WHAT Morgan Stanley Analyst valued Ophir when Brent at 1.5Y low in the $50 range.

ashkv
26/1/2019
09:33
In the 70s at least.
rayrac
25/1/2019
17:12
Nigela , you filtered me months ago , you cannot resist looking , what a silly billy you are .
jotoha2
25/1/2019
16:46
I concluded the same
So few posts and timing is pretty much there - perhaps he/she at the time assumed it to go public but it didn’t
He doesn’t post much if at all so no ego or agenda
Need some academics to decyopher the posts and correlate to situation(a)
I’m an engineer - cryptic crosswords not my forte I’m afraid

adg
25/1/2019
16:45
So end of close today, my gut feel is we'll have a bid around the original price, 58p and deal done.
arteespresso
25/1/2019
16:42
Interestingly enough, just re-read some of goblins posts from 3 months ago, around the time of the interest from Medco. It's either cryptic garbage, or there is some implication of a new ruler or something to that effect!! Perhaps I'm reading too much into it.
arteespresso
25/1/2019
16:38
Strong close
ammu12
25/1/2019
15:57
70p on its own merits by summer. Bidders should just disappear. Ophr will do just fine on its main core business. Fortuna gone so expenses down
spacedust
25/1/2019
15:25
I don't think it'll be 70p unless someone else comes in!! I'd be happy to be completely wrong.
arteespresso
25/1/2019
15:12
I noted the goblins post, historical (cryptic) posts going back last year kinda make sense...
73bys? 73p?
Sounds reasonable

adg
25/1/2019
14:56
Millions of sells and the price goes up. Can't wait to see what happens if there are millions of buys
spacedust
25/1/2019
14:24
I think you kids need to put your handbags away. Ultimately, we all want the same, to make as much money as we can, no need to denigrate the bb. Good luck all, by Monday we'll know either way. All I can say is volume has picked up today, and the goblin has posted one of his/her cryptic clues.
arteespresso
25/1/2019
14:16
What do these forms all mean. We know it's compulsory for takeover but why the need to issue every second of everyday.
spacedust
25/1/2019
13:56
Bye Jotoha2 - you are also filtered.
nigelpm
25/1/2019
13:52
Oh dear you're talking your book, so you have no integrity?,.. CU Next Tuesday 29th, Ooops the bid falls on Monday 28th, never mind have a lie down!
roberto mancini
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