Share Name Share Symbol Market Type Share ISIN Share Description
Petro Matad LSE:MATD London Ordinary Share IM00B292WR19 ORD USD0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 8.875p 8.50p 9.25p 8.875p 8.50p 8.875p 1,108,771 16:27:24
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 15.3 8.8 3.1 3.1 28.09

Petro Matad Share Discussion Threads

Showing 9901 to 9924 of 9925 messages
Chat Pages: 397  396  395  394  393  392  391  390  389  388  387  386  Older
DateSubjectAuthorDiscuss
27/7/2017
11:36
An example of the smoke and mirrors being played here by Cantor is how yesterday they were selling stock at 9.5p then moved up on buying to 10.75p. Peel were on the bid at 9p and subsequently them moved to 9.5p after a few buys. Sells then came into Peel at 9.5p and Cantor immediately without taking any stock themselves aggressively moved the offer down to 10p then again to 9.5p and 9.25p once peel moved to 9p. At no time did cantor buy any stock . Spin onto this morning and wins, scap and west open up at 8.5p Cantor move the offer down as low as 8.75p hunting for buyers then back to 9p. At this time i can buy online 150k off them at a discount to the stated offer (8.9p) So basically Cantor without taking any stock whatsoever have moved the price both up to 10.75p and down again to 8.75p hunting for buyers, when all along they are more than happy to sell shares at 8.75p and quantity at 8.9p. I would not trust any movement in the share price as sustainable until these games by Cantor on behalf of whoever is supplying them the large amount of stock ceases! Edit 4.30 pm/ Cantor successfully dumped another 800K today, again the buying have zero impact on the price, reinforcing the suggestion of a large overhang of stock available!
evil_doctor_facilier
27/7/2017
09:21
The main problem here immediately with regards the share price is where Cantor Fitzgerald are getting all the stock from? Very telling that they sit on the offer all day everyday soaking up buys, whilst conversely never sit at the top of the bid actually buying stock. In the last few weeks alone they have sold many millions without buying any in quantity. If another MM moves to the top of the offer Cantor just undercuts them, clearly a large overhang of stock is being dripped into the market by Cantor. The question is where is all the stock coming from and moreover if you are long, how many million are left to sell? I believe Cantor is utilised for share dealing by Bergen.I offer that sentence without further comment!
evil_doctor_facilier
26/7/2017
00:14
given that winter sets in during November in Mongolia and the two drills, back to back, have an estimated 70 day timeline with tear down, move & set-up in-between, I believe the spud on Snow Leopard will have to be early September. Near as damn-it, start of the month. Nadaam holiday period is now over and no more national holidays until 19th November so, we are in the window already. The rig will need to be mobilised and taken to site during August then, there is pre-Spud Audit to complete & setup before initial drill & cementation. The first shallow prospect on Snow Leopard is half way (30 days?) to TD Believe we should get news of rig mobilisation in the next 2½ weeks. I have timeline approx.: Rig mobilisation early August Arrive on site, setup & audit from mid August Spud start of September Initial Shallow prospect end September TD 3rd week October Depending on results ... what they do if they hit a gusher at this stage, I have no idea but, since I assume the contract is signed, the drill will go ahead unless there are force majeure terms in the event of a gusher Move off site to Wild Horse & look to spud start November TD before National Freedom Holidays end 3rd week November Near as damn it, 5 weeks to spud on Snow Leopard. Bergen are holding all their stock so far & there is only one more raising due before the spud so, I would expect them to hang on to this next batch also given proximity to the inevitable excitement of the drill. Seemed as good a time as any so, very modest addition to my position today because, assume the herd will arrive on the formal rig mobilisation RNS.
mattjos
25/7/2017
20:28
You don't go gifting shares to your children at either an overly elevated piece or, if you think they are going to go down in value. No doubt part of the family long term tax-planning arrangements but, I view it as a positive
mattjos
21/7/2017
09:28
folk are obsessing about Bergen and past funding deals & drawing the wrong conclusions. Why would Bergen sell all their stock now, create a falling share price and then not benefit from any of the potential upside from the drills? They know the market will be here in droves as the drill starts because the prize is just too big to be ignored. That is more likely the time when they will look to trim their holding but, by then the share price will be much, much higher than it is today as the excitement builds. There will be huge demand then for Bergen to trim a proportion. At this stage, having the funding in position in the run to the drill is the best thing the company could have done .... people also need to consider that if they hit a huge gusher, they will also need money to manage that event & that availability of cash will help ensure they can remain independent & negotiate any farm-out from a position of strength. think about it logically folk rather then blindly sell. I suspect that Holdings RNS will now encourage earlier 'sell on Bergen news' to buy back
mattjos
21/7/2017
08:42
It's non-sensical for them to sell now ... much too early in the process, I believe
mattjos
21/7/2017
08:24
The doc is happy to stand corrected on Bergens holding after yesterdays RNS regarding Bergens holding. On that basis it would appear they still hold the full amount of shares from the original issue of equity and the second one this week.
evil_doctor_facilier
18/7/2017
16:55
I am personally at a complete loss how on earth this individuals formed the opinion that Bergen would not take advantage of the low share price to excise its option to purchase the monthly $1.2 mil of stock? Moreover the funding agreement is actually set up for Bergen to do this Monthly. Is it not the case that last week large volume buying, specifically Thursday and Friday had no impact on the share price whatsoever and small volume sells instantly had the MM's running away from the bid. Where prey did all that stock originate from? Until Aim companies stop selling their shareholder down the proverbial river with suicidal funding exampled here, then they do not warrant any interest from investors whatsoever. Clearly the presentations timing is at very best suspicious and i suspect 'positive' news flow will inevitable be followed by these transactions. Clearly no one is going to win here save Bergan.... I would put forward as reasonable argument that you would have greater odds achieving a positive financial outcome playing 'pea in the shell' at Oxford street than owning these shares!!!
evil_doctor_facilier
18/7/2017
16:36
Regarding today's issue of shares at 7p after Bergen selling and i suspect buying as well to create smoke and mirrors all last week . How on earth this man has the temerity to criticise the quality of others posts is amazing! Mattjos 13 Jul '17 - 22:15 - 1646 of 1658 0 1 Bergen & associated parties are specifically prevented from shorting the stock but, not prevented from going long the stock at this stage of the proceedings, are they? What stops them being a buyer / trader now with bias to being long the stock in the run to the drills? An upward trend on the share price in the coming weeks will suit them on that tack & suit the company also.. gains on that tactic merely help them achieve ending up being at least flat, if not in profit, on the funding deal ahead of the drill results and everything thereafter is jam for them. ---------- Mattjos Bergen are currently averaged at something around 30p, are they not? Think they are selling now for a 60% loss? --------------------- Mattjos 13 Jul '17 - 12:30 - 1643 of 1659 0 0 lol ... look at Bergen's average to date ... you think they'll be wanting to sell them at less than 40p? -------------------------------------- Mattjos Bergen are averaged very considerably higher than the current share price & are barred from playing the short side also. Surely they cannot risk seeing the stock price continuing to trend lower below their average, just in case the first drill is a duster.
evil_doctor_facilier
18/7/2017
14:46
Certainly would expect a constant decline now ,40% below new money reads around 4.2p , that is the target , lets get this donkey moving .
jotoha2
18/7/2017
10:25
They forward sold last week and actually started week before. 7p? Think about share price circa 1p when they do finish. Remember this company contact number is a mobile number !!!!!!. Do exercise caution, I will say. Turkish man and his crew laughing all the way to the bank.
slap and tickle
18/7/2017
10:00
Yes I know it is but any price above 7pWill be sold into. Basically until Bergen have finished this will never get much above 7p
investment dave
18/7/2017
09:57
It's bergen read the previous RNS you tool
letmepass
16/7/2017
12:56
Some weekend profit takers so no problem. Technicals still look good - v good so I'd expect more improvement in the share price tomorrow. Maybe a good day trade opp first thing.
traidemark
15/7/2017
00:28
give up posting here ..... its wasted. will try to find the time to start a new thread that I can ban and moderate the chimps from. Surely there are some with grey matter around!? Traidemark & guyswonga, straight to the filter bin. the handles themselves deserve it, let alone the posts.
mattjos
14/7/2017
18:49
But quite a drop into close to go red
guyswonga74
14/7/2017
12:39
High volume. Large trades taking any stock sold. Certainly a position being built here.
traidemark
14/7/2017
11:22
None that I've seen to date.
traidemark
14/7/2017
11:11
grief .. this thread is poor. Are there any decent contributors lurking please?
mattjos
14/7/2017
10:42
Plenty of purchases over 13p today so I'd expect the share price to close over 13p today with decent volume maybe higher.
traidemark
13/7/2017
22:15
Bergen & associated parties are specifically prevented from shorting the stock but, not prevented from going long the stock at this stage of the proceedings, are they? What stops them being a buyer / trader now with bias to being long the stock in the run to the drills? An upward trend on the share price in the coming weeks will suit them on that tack & suit the company also.. gains on that tactic merely help them achieve ending up being at least flat, if not in profit, on the funding deal ahead of the drill results and everything thereafter is jam for them. Folk seem to have condemned the company, the management, the data, data analysis and the huge opportunity here,before they have even got a drill bit in the ground ... for why? Because they do not understand why Shell was boxed in and had to walk away from this for reasons entirely unrelated to the opportunity + they have seen the word Bergen and turned away without thinking through the deal structure and timing. That's just ignorant & unthinking. I think they will return en masse as this trends upwards towards September
mattjos
13/7/2017
22:01
anyway, I seem to be a lone contrarian poster here .. although volume & spreads suggest very active interest. Hard to find a positive post about this company on ADVFN, LSE or III ... yet today we have £¼m worth of stock traded. Mkt Cap is £34m ... a paltry sum as compared to the size of the asset that they will start to drill on in just 7-8 weeks time. Suggests to me that this is being very actively traded by plenty of folk .... many looking to build a free carry as we approach the drills. Decent daily volumes and usually a very close spread from mid-morning onwards. First drill (Irves-1/Snow Leopard) commences in September for 50 day duration to target depth of 3,150m but, has initial shallow objective at 1,700m so, assume an update at that depth after circa 20-25 days. Thereafter we go to Takhi/Wild horse on a 20 day initial drill. Rig mobilisation, setup and spud news items to follow over next 7-8 weeks time followed more frequent updates at milestone depths achieved. Success on both drills will open up these two basins with 3Bn barrels ... these being the first 2 basins of total 12 basins over blocks IV & V. Bergen are currently averaged at something around 30p, are they not? Think they are selling now for a 60% loss?
mattjos
13/7/2017
12:38
look at something like XEL .... the excitement of the drill and subsequent flow-test took it from 3p to 400p. That was for a relatively high-cost, stranded, heavy-oil asset in North Sea. This is onshore, much bigger potential and right next to the largest energy consumer in the world who have a voracious appetite for oil. MATD have 100% ownership & a sensible funding programme in place to drill. XEL were skint sand only really looked at the funding side after the drill. Not the best way of going about it. MATD's approach is much, much more sensible. As I have said, daft not to have some for the run into the first drill result. If they hit big oil, this will become a takeover target immediately and/if not a very attractive partner for a major
mattjos
13/7/2017
12:30
lol ... look at Bergen's average to date ... you think they'll be wanting to sell them at less than 40p?
mattjos
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