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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
  0.00 0.0% 3.05 3.00 3.10 3.05 3.05 3.05 0.00 08:00:00
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 41451 to 41475 of 41550 messages
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DateSubjectAuthorDiscuss
14/4/2021
16:19
Looks like Petroneft PLC is being packaged up, boxed with a pretty bow and sold, Imperial Energy are right next door but it could be anyone, Tomsk is a prolific oil region. The recent tidying up of the balance sheet speaks volumes.
flughafen17
14/4/2021
14:20
The shrewd are buying when stock becomes available, all the evidence is out there to suggest a major value event could be just around the corner.
goldenshread
14/4/2021
14:12
Well all that early excitement seems to have fizzled out
chris cat
14/4/2021
09:10
They want 3p for 150,000 shares and will not sell you anything under that, a limit order sub 50,000 - 150,000 share might be worth a go.
broken_arrow1
14/4/2021
08:56
Wanted in this morning but cannot buy online currently. Junior oil stocks are bombed out and re-rating, this looks a great little company, recently hit 3.7p but looks like going far higher.
the_sage1
14/4/2021
08:37
Lowest ASK on show is now at 2.90p and that's being paid. f
fillipe
14/4/2021
08:19
Management converting their loans into shares suggests a value event is entirely possible, the major shareholder put their own guys onto the BOD to deliver value and that is what they are doing. I suspect the prospective sale process mentioned in historic RNS statements has been hindered by COVID but a company sale seems the best way for the major shareholder to exit, they own 26%. I can see a very nice return here, either by ever improving operational performance or corporate action, at current levels it is a win win situation.
observer007
14/4/2021
08:03
I would not rule out a corporate sale of either a Licence or the company, the BOD has gone very quiet but previously stated news was imminent on both the refinery and new road completion. I suspect Petroneft have been in ongoing talks since last summer concerning asset sales or the sale of the entire company. I concur, any sale would deliver value way beyond the current market valuation. Lots of rumours circulating around the market, will they be forced to make a announcement ??
silverspoon2009
13/4/2021
15:15
Increasing volume does suggest news is about to break.
goldenshread
13/4/2021
14:58
Always leaky expect road and mini oil refinery complete maybe Q1 total production numbers.
rolo7
13/4/2021
14:57
250,000 available at 2.85p, they want 3p for 500,000 shares but the book moves quickly, there could be background trades driving the price. I think the chartist Zak Mir said 3.5p was on short term a few days ago.
broken_arrow1
13/4/2021
14:48
These were trading at 3.7p in March, yesterday's 1.5m buy sucked the stock out of the market, the book is very strong right now. One wonders if some corporate action is about to break, leaky leaky perhaps.
broken_arrow1
13/4/2021
14:38
Up out it goes
rolo7
13/4/2021
14:37
Something seems to be brewing, the 1.5m share buy yesterday was a clue !!
observer007
13/4/2021
14:37
Steady stream of buying. My earlier buy has cleared the bid already so happy days......and extra brownie points for being the only one on AQSE so far today.
troy
13/4/2021
12:39
The directors have openly stated they feel the company is materially undervalued, so why are they not buying shares? The most likely reason is they are in a close period potentially due to ongoing negotiations which were last mentioned in September.... 'We also continue to receive interest in our assets and business from a range of industry participants' They are however allowed to convert their company loans into shares which is exactly what they have done recently, over £2m worth to be precise, read between the lines ! Whatever deal is announced (assuming there is one) you can be certain it will be well above the current market valuation.
mrmcnee
13/4/2021
11:30
Well someone has taken out the 250,000 shares, cannot buy anything at offer, they want 2.5p for 100k The tight float comes into play regularly, seems something is brewing because the book turned very positive ahead of the weekend, is there some major news about to break hence the 1.5m buy yesterday.
broken_arrow1
13/4/2021
11:09
They have 250,000 shares left at offer then they want a premium.
broken_arrow1
13/4/2021
10:02
Interest is building once again ahead of a very busy news period, the last run took the shares to 3.7p but if the right news hits then 4p-5p is not unrealistic PTR is one of the cheapest oil producers on AIM given their assets & increasing production levels.
goldenshread
13/4/2021
09:36
The company appears to be packaging themselves up to be sold, legacy debt provided by Directors and company friends has been converted into shares + infrastructure improvements (e.g. mini refinery and all weather road) have been made recently to make Petroneft more attractive to prospective buyers. It is worth noting that Oil India paid $85m back in 2014 to acquire just 50% of one licence (no 61) The main shareholder in Petroneft is a outfit called Natlata they now own 25% of the company and have been aggressive and want a return on their investment having paid much higher prices for their shares. Natlata have been instrumental in removing the useless historic management and have put their own team onboard - the new (and seemingly impressive) CEO was one of their appointees. I fully believe Petroneft will be sold and a deal could be announced sooner than many believe, the enviroment is now ideal for such a sale. With 919m shares in issue PTR is valued at a mere £21m - any deal would be north of 10p a share for certain.
mrmcnee
12/4/2021
21:17
htTps://www.oil-india.com/internal_Default.aspx?id=news&Nid=90&Catid=14 why would such a big company want in back in 2014?
rolo7
12/4/2021
21:05
well licence 67 is now 90% owned so i guess licence 61 might interesting
rolo7
12/4/2021
19:48
Been doing some digging and it does seem a outright sale of the company or one of it's Licences cannot be ruled out 25th Sept 2020 We also continue to receive interest in our assets and business from a range of industry participants The Company in conjunction with its 50/50 joint venture partners (Oil India on Licence 61 and Arawak Energy on Licence 67), engaged a financial advisor in 2018 with the aim being to test the market for the possible disposal of either or both of our assets. 8th April 2019 During 2018 we engaged a financial advisor with the aim to test the market for both of our licences. This process is ongoing and I am very pleased with the level of interest and the calibre of companies that we are currently talking to. Over the past twelve months the asset acquisition market in Russia has seen increased activity, especially for the larger domestic companies. This gives us reason for optimism about a positive outcome.>
mrmcnee
12/4/2021
18:51
Is this lining up for sell off ?
rpat2
12/4/2021
15:48
Looks like someone has just taken 1.5m shares, book has strengthened accordingly, gone NT with most retail providers
broken_arrow1
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