Petroneft Resources Share Discussion Threads

[tens machine] 06/3/2015 07:17

What utter rubbish telegraph , just stating the obvious . Sp finished intra day high both the last two days, therefore to me it's bullish on next day trading. In which I WAS correct yesterday. Yes my ramps made General invest overseas buy more, how naive of you sir.

If my posts offend you or get on your goat , don't read or reply.
Furthermore it's ok for others to speculate what's going on , but not me. i enjoy to speculate , its part of the game. perhaps if some had speculated earlier on here perhaps 35% of the company would not have been snapped up on the cheap.


Have a great weekend everyone x

[dbarr0n] 06/3/2015 06:59

Danny, my broker told me he sold them for a client..

[danny111] 06/3/2015 06:14

The last trade yesterday doesn't look like a sell to me. Just my opinion.

[telegraph1] 05/3/2015 23:44

Tens some of us here have this kind of excitement all before and it has come to nothing lets not ramp to much and wait and see what the next rns has to say hopefully we will all have a good result

[tens machine] 05/3/2015 23:26

What can I say I'm a half full type of fella ...with impeccable timing ;-)

[dbarr0n] 05/3/2015 22:52

Bodes well when the last two trades of today of 200k each at 4.7 and 4.75 were sells ;)

[tens machine] 05/3/2015 21:30

closing once again on intra day high , bodes well for tmrw

[seangwhite] 05/3/2015 20:25

Looks like something is finally happening at PTR and it looks like the BOD have been found asleep at the wheel.A few decent share purchases by them in the last month would have made the recent rise in the share price look very minor.The way things are looking make it seem that it is only time before someone shows their hand and I think the BOD should really be looking for pastures new.VGLTA

[danny111] 05/3/2015 18:17

I'm quite surprised Oil India haven't built a stake themselves at this price. If they had known they could pick up some 15% without significantly affecting the sp, they may have done. Not only would they have picked it up for far less than they paid for the 50% of a single licence, they would have also realised more benefit from their committed development spend.

[man1] 05/3/2015 18:03

Oilretire . I am talking about the jv clause , and agree why wait , But I was thinking more along theLines of retaining being the operator and having control over the board would be a better option . Since the jv has already laid out a programme of spending I can't see there being any rush to gain control, other than a few more solid results and positive sentiment would possibly propel the share price therefore costing. Nat and whoever more . Better to just keep mopping up shares for a while before showing their hands , think an acting in concert wud be difficult to prove

[steelwatch] 05/3/2015 17:40

If Natlata and General Invest are acting in concert, then the combined holding, now well in excess of the threshold (c.29% I think), requires a mandatory bid. Perhaps General Invest is moving to counteract Natlata's holding? Irish Mergers and Monopolies must be looking at this to find out what's going on, I would have thought.

[oilretire] 05/3/2015 16:31

What management tie in with OIL & what expiry? Are you talking about....." OIL also has the right to become the Operator of the Licence should there be a substantial change in the management team of PetroNeft within the first three years."In which case why wait? The two could force change at the top, or take out completely, OIL becomes operator by default and then they can just sit back and relax knowing their investment is in the hands of a 'proper' oil company??

[woodpecker25] 05/3/2015 15:30

Totally agree man1.

[bluebell1] 05/3/2015 15:24

Takeover Alert

[man1] 05/3/2015 14:58

No doubt the two are mopping up the shares whilst we are out of favour , they will wait till the tie in the management have themselves with oil to expire before exerting control . Looks like the BODs cards are well n truly marked .

[rockin robin] 05/3/2015 14:46

Still climbing. Well done for the great research folksSo, the news investors typically seek out undervalued stocks in the hope that they may go up in value?..Who writes their PR ffs?Still they are, in the sense - we all want the same thing - PTR to get busy, very welcome.

[fewdollarsmore] 05/3/2015 14:42

Only another 9 more days like this and I may get excited!!

[kevjones2] 05/3/2015 14:11

From Steelwatch's link about a company called Mikro Kapital: "General Invest spa is an Italian holding company uniting several companies located in Italy, Switzerland, Luxembourg, Russia and Belarus. The holding specialises in the financial markets of the developing countries of Russia and the CIS. General Invest spa invests for its clients in the Russian stock market and has access to special funds to finance small and medium-sized enterprises in Russia and the CIS."

From Natlata's website: "Natlata Partners is a private investment company that seeks out investments with a focus on Russia and CIS countries that appear to be distressed or are at an early stage of development and which will clearly benefit from effective management and proven sector experience."

I think it can be agreed that the two companies exist for very similar reasons. Vincenzo Trani founded the first and Maxim Korobov founded the second.

[kevjones2] 05/3/2015 14:06

LOL Rich, if the share price keeps going up like this I won't need a bloody job!

The connections between Natlata and General Invest do exist. Whether these are coincidental or not I haven't yet ascertained beyond a doubt. There are extremely convoluted banking/ governmental funding laws/services in Russia. One of the funding banks (MIR for short) has on its bod one Vincenzon Trani. This 'bank' sponsors small to medium size enterprises and they have done so in Siberia. Trying to be careful here but a certain company with whom we are all very familiar here operates under several different names and sometimes under layers of names. I'm trying to find out if MIR sponsored any of the eh...companies related to ....well, you know. And that's only the beginning.

At this stage I would say that, at the very least, Vincenzo Trani and Maxim Korobov know each other. Whether the companies they are involved in are about to swoop in for PTR is the real question. Strictly in my own opinion they are definitely up to something. There are just too many coincidences. Whether anything happens in the short-term is anyone's guess. The extent of what happens is also anyone's guess. Maybe they'll only demand a change of bod, who knows?


I really have to go back to earning a living.

[rich2006] 05/3/2015 13:52

Come on Kevin get you're finger out.
Lol:)

[kevjones2] 05/3/2015 13:38

RCT, further research highlights Maxim Korobov's connections with Switzerland! Also, there was a bank named something like MDM and I think they both worked there aaround the same time but I CANNOT be definitive about that yet. (At work now - trying to do my job and research these guys at the same time!!).

[steelwatch] 05/3/2015 13:36

Machine translation:

posted on 02/Jan/2015 11:12


# # Russia Crisis between risks and opportunities: "it's time to invest"
The weak ruble, the incipient recession, the barrel is increasingly taken for granted and the weight of the sanctions are a very difficult year for Russia. Also because the possibility to renew the measures taken by the EU against Moscow for the crisis Ukraine – due to March 2015 – are far from dispelled. However, in the words of Henry Ford "only those who dare not, made no mistake" and the crisis can also be an opportunity. Knows something the head of General Invest, the banker Vincenzo Trani, considered an eminence grise in terms of investment in the former Soviet space. His financial holding company manages well above the EUR 1 billion (assets under management) with 48 offices in various regions of Russia, Belarus, Armenia and Moldova.

And Trani is also the only Italian to sit on the Board of Mir, a Russian sovereign wealth Fund that pushes the development of small and medium-sized enterprises. The banker, acknowledges that the Russian situation "remains volatile" somewhat objectively, and the ruble closed the year with a "significant" writedown. But the investment opportunities, there are many stresses: "it is time to consider some special sectors" says in an interview with askanews.

No doubt those who have suffered multiple seizures, are bank bonds "starting from Sberbank and Vtb, and overall state sanctioned banks and are on the market at prices considerably lower than those before," said Trani. "For those who for example like fixed-income securities, today these titles allow you to bring home a significant profit, which verges on the 20-22%, while maintaining very low risks: we must not forget that Russia is the world's second largest producer of oil and gas first. And considering the price of oil at present to 56 dollars a barrel, the Russia has the lowest production cost in the world except Saudi Arabia that extracts to 20 dollars a barrel: Moscow pulls to 40 dollars per barrel ".

Russia currently on there is much alarm. Trani points out that the country has a certain stability and security as regards fundamentals, despite being the subject of "a strong international speculation," which "creates investor confidence". For those interested "to go beyond the appearances, the country hides significant investment opportunities". In the real economy, especially, "opportunities that weren't there for our Italian companies".

In particular, the production plant in Russia today opens up new perspectives. "In the past there were different fix planting, maybe because we weren't particularly expected as French and German State. But now the Russian regions, local bodies, facilitate a lot and make it really interesting places such as Bashkiria or Tula or Moscow region, offering unique opportunities to investors. Beyond those which may be the advantages, such as obtaining of land in loan for use, there are interesting opportunities with medium-to-large companies, with which it makes sense to do a joint venture to bring the innovation component. This would give a significant advantage in terms of market access, obviously not just for today but for tomorrow. "

Trani has repeatedly and openly criticized the Eu sanctions. But even among those considering sanctions and embargoes an opportunity to create new business. Starting from the measures imposed by Moscow on Western food products, essentially blocking imports. "An example of this kind is a production unit set up in southern Russia, near Stavropol for the production of dairy products: a Russian-Italian joint with its production took the place of many products previously imported from France and Italy and sold in supermarket chains in Russia, even medium-high level. The product comes out objectively, but innovative standard, because it is a type of production that in the past, Russia did not ".

Similar opportunities not only offers the dairy sector, but also that of sausages: "Russia for the production and consumption of sausages is a leader in Europe – said Trani – but local production so far still has Soviet-era technology. Of course the goal is not to go in Russia to produce Doc of Parma ham, but it certainly is possible to produce various types of salami and sausages that we Italians know well produce "and on which there is the Russian embargo if coming from the EU. "The raw material is there in abundance, serves the right technology and an entrepreneur who looks a little further in March 2015, when the current sanctions should end".

The Russia is a "mature market and we need to reassess the level of distribution of Italian products". The competition in recent years has much more "aggressive and important" made not only by Italian companies. Just think of the clothing or equipment or components. "You have to imagine the Russia, not as a recipient country of production, but as an investment opportunity with important institutional facilities, to move part of the production. There are interesting patterns from this point of view. There are State funds as the Mir, Russian sovereign wealth Fund. Today the attention of sovereign funds is much bet on increased local production. To increase production, there is need to improve the technology and innovation ".

Moscow has in the past strongly developed and facilitated foreign companies producing cars in Russia. "They have enhanced their brands such as Lada, but understand that there is an unsurpassed technological gap and have made it possible to produce within the country foreign manufacturers: Nissan, Mitsubisci, Ford had advantages, but no State funding. In the field of light industry, and in the most diverse ones, the Russia created the Mir Fund, managed by the Agency for strategic investments, which goes to finance the Russian equity and foreign to produce innovative products. Even the word ' must ' understand innovative: it's not about finance or research scientist, who leads Russia production that wasn't there before. And Russia makes entering the capital, substantial advantage because today no structure invests in capital ". There are already cases, "Unfortunately no Italian", while many Germans.

Trani stresses that German fortune, Russia despite the paradox of sanctions, has its roots in the recent history of Moscow. "Since the fall of the wall the first who have approached the Russian market were the Germans". The Germany is not simply the first trading partner of Russia, but has over 6 000 companies. "The German company has objectively a great advantage behind: ability to access credit lines to lower interest rates at home. In addition, he has at his side, supporting export facilities very well organized. And unlike the Italian, German enterprises are used to make system. The presence of German undertakings within the Aeb, the Association of European Business: the heart is made by Germans, by 12 years. And we're talking about structures that facilitate a lot of entrepreneurship that approaches the Russian market ". A lesson for the Italian entrepreneurship, which perhaps should be learned.

[seangwhite] 05/3/2015 13:35

Sells going throught at 4.5p someone loves the current low share price sadly it is not our BOD members!VGLTA