Share Name Share Symbol Market Type Share ISIN Share Description
Parkmead LSE:PMG London Ordinary Share GB00BGCYZL73 ORD 1.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 41.50p 41.00p 42.00p - - - 190,615 09:46:24
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 10.4 -6.4 -6.8 - 41.06

Parkmead Share Discussion Threads

Showing 10351 to 10375 of 10375 messages
Chat Pages: 415  414  413  412  411  410  409  408  407  406  405  404  Older
DateSubjectAuthorDiscuss
20/7/2017
17:20
Bouncing off historical 40p; whilst both Relative Strength and True Strength indicators have turned UP. Technically oversold, so expect a short-term bounce to c48p - sufficient for a trade: free stock charts from uk.advfn.com
skyship
20/7/2017
14:20
I'm here for the long term .... this will reach £1b market cap one day.
mallorca 9
20/7/2017
13:55
I admire your optimism...
fardels bear
20/7/2017
13:47
Trades/interest seems to be picking up.
mallorca 9
11/7/2017
13:26
Some comment and POO predictions; hTTp://www.msn.com/en-gb/money/markets/oil-rises-on-firm-short-term-demand-outlook-overall-market-still-weak/ar-BBEd5D6?li=AA54rU&ocid=UE07DHP
cyan
10/7/2017
13:35
I agree cyan ... in the near term expect our holding in platypus to be commercialised along with further onshore Netherlande exploration.
mallorca 9
08/7/2017
10:05
Lots of companies have oil reserves. Its whether they are economic to extract. Look at BOR. They are sitting on a huge top quality field. Trouble is its in the most difficult of places and each drill costs about $100m!!! I think that oil may never ever be extracted. You have to look at the heavy sour assets PMG has. Look at PERTH . Its been known about for decades and passed through several hands without development. Fardels bear is right. Think about it logically; PERTH was not developed even when oil was $100 plus. I do not think we will see that price again. I note some 'experts' think oil is going to bounce around in the $45 to $55 range for the foreseeable future. Gas is the way to go and the big boys like BP are heavily invested; in fact its the greater part of BP's business now. PMG's strength is in gas and, imo, that's where they should focus. The sour fields ambitions are not realistic .
cyan
08/7/2017
07:02
Gas reserves may be commercialised first. Many small and mid cap Oil Co's have large debt's and thus have to pump even at non commercially attractive prices - to satisfy bank covenants. Due to having no debt,PMG are still able to wait until market conditions improve. That time will come. I'm hopeful that one day we'll see a Market Cap of £1b plus here.
mallorca 9
07/7/2017
22:19
Trouble is that a lot of the reserves are in Perth, Dolphin, & Lowlander. Nobody has yet put forward a plan to extract this sour oil that has legs.
fardels bear
07/7/2017
13:28
I certainly agree with that. HUR currently has a market cap of £400m !
mallorca 9
07/7/2017
09:56
Added a few more yesterday. When oil price does eventually go up this will rise pretty fast. With cash of 26m and plenty of reserves in the north sea, the share looks very good value.
patience a virtue
05/7/2017
16:08
Thanks, Tournesol. :-)
ed 123
05/7/2017
14:36
Steady buying today.
mallorca 9
05/7/2017
14:23
cheers Roger.
mallorca 9
05/7/2017
13:48
http://www.offshore-mag.com/articles/2016/01/bw-offshore-to-market-north-sea-athena-oil-field-fpso-vessel.html The BW Athena FPSO has gone now, PMG still mention Athena but there was a deeper horizon which was not originally exploited, could be part of a sour crescent development but the costs of production of the field as it was were ruinous, certainly did for Trap.
rogerlin
05/7/2017
13:18
Fardels/Ed The story of an 1800 bagger is completely and absolutely untrue and I've debunked it in great detail on multiple occasions. Here's an explanation I posted long ago. "…"remember the irish woman who invested £400 in 1996 in Dana and receive a cheque for £720,000 from KNOC." This is completely untrue. She would have had to buy 40000 shares at 1p and sell them at 1800p The truth is that during 1996 the share price never fell below 7p so she couldn't have bought at 1p could she? The best she could have done with her £400 was 5700 shares at 7p. But its much worse than that - there was a 15:1 consolidation in July 2003. So the lady's 5700 old shares were exchanged for just 380 new shares. So when she sold to KNOC for £18/share she would have received not a spectacular £720000 but just a measly £6840 - less than 1% of the spurious figure that has been reported…." I believe the story was written by a journalist who did not understand the difference between the nominal value of a share at time of company formation and its current market price. Dana's shares were originally issued with a nominal/face value of 1p but they never traded at that price. The whole story is utter nonsense. I was in Dana from 1996 to the bitter end. I traded in and out at a couple of inflexion points and exited on a multiple of 25x which was jolly nice.
tournesol
05/7/2017
12:48
Hi Fardels Bear. Reference your post 5845 ... Was that a true story? A 1,800 bagger? Anyone got any real evidence of this? Anyway, what's the chance of lightning striking twice in the same place? Not for me, thanks. Fwiw, I think Parkmead continues to be overvalued by the stockmarket. It's the 'Tom Cross effect'. Will that effect grow or fade from here? I don't know.
ed 123
05/7/2017
12:29
sp firming by the way.
mallorca 9
05/7/2017
12:29
I may e mail Tom Cross and ask him. Interesting to see what response I get if any .
mallorca 9
05/7/2017
12:27
fardels, at what level (oil price) do you think that Athena may be turned back on ?
mallorca 9
05/7/2017
11:57
I suppose one has to keep the faith and remember the little old lady from Ireland in her bothy..
fardels bear
05/7/2017
10:16
Cheers fardels, That in itself then would double our revenue.
mallorca 9
05/7/2017
09:23
Well, you may be correct but that's operated by DANA and PMG only holds 15%: P. 1242 Block: 48/1a, 47/5b Field: Platypus Prospect: Possum Operator: Dana Equity: 15% Co-venture: Dana 59%, Zennor Petroleum 11%, CalEnergy 15%
fardels bear
05/7/2017
08:57
My view here is that the first big step will be the commercialisation of the platypus gas field. Any experienced holders here with a view ?
mallorca 9
05/7/2017
08:20
Cheers Marmar, just waiting for Tom Cross to decide when the time is right to light the blue touch paper here.
mallorca 9
Chat Pages: 415  414  413  412  411  410  409  408  407  406  405  404  Older
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