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Share Name Share Symbol Market Type Share ISIN Share Description
Petroneft Resources Plc LSE:PTR London Ordinary Share IE00B0Q82B24 ORD EUR0.01 (CDI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.15 5.08% 3.10 3.00 3.20 3.10 2.95 2.95 1,372,813 15:28:12
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 1.4 -5.7 -0.8 - 26

Petroneft Resources Share Discussion Threads

Showing 41226 to 41249 of 41550 messages
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DateSubjectAuthorDiscuss
14/2/2021
14:48
Having invested in NTOG ( use the words loosely), many years ago and the lies and deceit delivered by the board, I look at these two companies with disbelief, NTOG delivers very little and gets excited by talking percentage increases over production ( hide the meaningless BOPD figure) , then we have PTR that deliver far more and are I believe on the cusp of producing ongoing high production figures . Wish my number of shares held were reversed on these two companies.NTOG mkt cap 5m. Here 10m......
partner
14/2/2021
13:44
Isn't this just crazily undervalued? No one talks about it but it's perfect for a big rerate
jfreshfield
13/2/2021
15:02
Looks pretty compelling here. Will be buying next week
jfreshfield
12/2/2021
19:30
Bought a few today half way through the rise. On my watch list from when I was last in the market nearly a decade ago...
all in eol
12/2/2021
14:53
Looks like RNS Monday or after close today to make weekend papers? Not getting my hopes up with all the chatter, just need 12.5p more to b/e 🤣 Good luck all new players & Lth’s.
spudders
12/2/2021
10:41
PTR bought back 40% of licence 67 so their holding there is 90%.
kevjones2
12/2/2021
10:07
Amazing to think that 10 years ago Dolman Stockbrokers had a target price of £1.18p, offering a valuation of £490m for Petroneft. Whilst a great deal has changed, mainly PTR failed to reach the projected 12,000 bopd production target, they still retain the same Licences and infrastructure and could soon be producing 2000 bopd. It does make the current £9.5m market cap seem farcical given new management seem to be turning things around.
goldenshread
12/2/2021
09:47
I am expecting news next week, the CEO said February would be news rich. It is a question of taking positions ahead of that news-flow, I believe year round production will be the catalyst for a meaningful re-rate. Do not ignore the fact that Imperial Energy who were acquired for $1.9 billion operated the licence next door to Petroneft.
goldenshread
12/2/2021
08:08
thecoyone They are asking a premium on larger buys, it seems clear that momentum is building, you will be lucky to get many shares around current levels. L2 moved, now want 1.5p for 1.5m shares.
broken_arrow1
12/2/2021
07:07
I was a shareholder of Imperial Energy back in 2008 when ONGC Videsh bid £1.4bn for the company, made a small fortune. At the time Petroneft was flying high, I think they were valued at £250m, it is staggering to see them now valued at only £10m, they are now a very attractive investment proposition. Interestingly they have recently bought back 50% of Licence 67 for a pittance, full ownership, management seem focussed and determined to drive shareholder value. I would not rule out a takeover approach. I am buying in the market but stock is tight, the current BOD, Dennis Francis and Natala own 50% of the issued capital. I see significant upside ahead, in my considered opinion Petroneft should be valued north of £100m not the current £10m. This is a fill your boots opportunity in my view.
thecoyone
11/2/2021
17:01
Volume is pitiful
connello
11/2/2021
12:41
It's pretty clear the market thinks the next update will be a good one, just listened to the interview with the CEO, very upbeat indeed. I reckon, according to that interview, we could see 2 or 3 RNS before month end. Get in before the herd is always a good and profitable idea in such a illiquid stock such as Petroneft. I also noted the BOD own 17% and one shareholder has over 25% of the 840m shares issued. On the face of it, sub £10m market valuation, Petroneft looks mispriced.
silverspoon2009
11/2/2021
12:22
All the 1.15p stock has gone - now 500k at 1.19p then higher still. I think it's heading back to 1.5p+ then 2p with the right news, something is causing the increasing Level 2 strength.
broken_arrow1
11/2/2021
11:56
Limits have just turned up - seems like someone is accumulating behind the scenes ahead of news - get some decent volume here and it will move aggressively. They want 1.4p for 1.5m shares, shows there is very little stock on the book. 500k - 1.15p 750k - 1.22p 1m - 1.25p 1.5m - 1.40p
broken_arrow1
11/2/2021
08:48
Buyers are clearly returning here, let's face it Petroneft is chronically undervalued given recent bullish news and the positive tone of that news. Something that has been missed is the rising oil price, this has not been reflected in the share price at all, not withstanding the ever improving operational performance. I remain convinced a material re-rating is about to occur, the catalyst will be the next (and imminent) news release which will focus on all year round production from Licence 67. The shrewd have been buying the dips, no wonder, in my view this is one of the best oil producer recovery plays on AIM.
goldenshread
11/2/2021
08:01
Some decent volume towards the close yesterday, can see more demand and upside today ahead of some material news. Getting harder to buy in any size around current levels.
broken_arrow1
10/2/2021
16:00
Took a few for a trade, had to place limit order, confirm it is hard to buy. Who knows where it will move to but these illiquid stocks can make solid % moves so 1.75p - 2p could happen.
silverspoon2009
10/2/2021
15:19
Only £5k of shares left at 1.15p then it goes higher, earlier this week there were 2.5m shares available below offer, now only 500k Pretty clear it's heading back up.
broken_arrow1
10/2/2021
15:02
Is the volume kick this afternoon suggesting there is news coming tomorrow, the CEO said there would be a plethora of news-flow this month. I am rather surprised it has fallen back so far, I had expected the shares to continue to move higher given the recent positive production update. Let's wait and see, without wishing to be accused of ramping at 2p PTR would only be valued at a mere £16m, hardly demanding.
goldenshread
10/2/2021
14:39
Buyers returning, book has turned positive again, fallen from 1.55p recently, higher oil prices & increased production + news imminent on year round production. If you have sold time to get back in.
broken_arrow1
08/2/2021
18:01
Still here but a bit underwater from 2010/11 .Bought a few more over the last few weeks. Definitely feel new management have a better understanding of the assets here. Not an easy oil field to manage.
wiloughby2
06/2/2021
01:22
Dbarron, a blast from the past....radio silence thank f...
trenchrat
05/2/2021
10:28
Still here to 2008/09 for me. No sign of Dbarron unfortunately he was always a big champion of this company and the previous BOD despite their complete destruction of SH value.
chris cat
05/2/2021
10:08
That all said, I do think PTR is well positioned for an share price rise*. The new management seem to have got the finger out and the next 8 weeks should be very telling. I'd be happy with a gradual share price increase. Like several others (telegraph, thetonnarmy, filterwest, tad etc) I have a history of genuine posts and if I thought the share price was going to plummet I'd say that. But I don't. For once I see the share price increasing with a few good results in the near term.
kevjones2
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