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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
  0.40 13.56% 3.35 3.30 3.40 3.55 2.95 2.95 4,047,825 16:27:05
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 1.4 -5.7 -0.8 - 28

Petroneft Resources Share Discussion Threads

Showing 41501 to 41524 of 41700 messages
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DateSubjectAuthorDiscuss
27/4/2021
08:14
Cannot buy anything under 3.25p with IG currently - anyone wants in place a limit order, that's a large premium and suggests another decent up move is coming.
broken_arrow1
27/4/2021
08:03
Another good day ahead here IMO, the re-rating has only just started.
goldenshread
26/4/2021
15:34
Worth noting that Russian Domestic Crude Oil prices reached a 18 month high recently - something that has not been mentioned here, this is significantly beneficial to Petroneft, their margins are also enhanced.
flughafen17
26/4/2021
15:26
At best up to 100k of shares they now want 3.25p for 150,000, a significant premium.
broken_arrow1
26/4/2021
14:55
Observer, Got it in one mate, My average is 14p, I've been here that long, don't blame anyone but myself, my choice to invest and my choice not to sell at 70p and all the way down, but previous management have a lot to answer for.
chris cat
26/4/2021
14:42
100,000 sitting there at full ask, then it goes higher, larger premium for real size right now. Maybe Zak Mir's 4.3p will be reached sooner than many think.
broken_arrow1
26/4/2021
14:37
chris cat It must be very galling to see this new team, brought in by the major shareholder, do what seems obvious, in short time they have increased production, cut costs, improved infrastructure, attained higher oil price margins whilst quietly exploring other options to increase shareholder value. What a turnaround from the last lot that, as you say, spent a small fortune delivering sod all. Hopefully long term holders will recoup their investment money and more.
observer007
26/4/2021
14:32
Tweet from someone who should know... @Caspineft Global oil and gas Exploration Geoscientist with a special interest in Russia and the Caspian. #ptr will be able to increase production in a number of ways this year and next
observer007
26/4/2021
14:30
Observer - I try not think of what might have happened if they had been in charge 10 years, I was very (Objectively) critical on here of the previous management who managed to turn 00s of Millions into £10m, even after they sold half of it and got a big wedge of cash they pi££ed it away and they all rode the gravy train right to the end. I would love to know what exactly has changed, as the current team seem to be making really obvious/easy decisions that the other lot simply couldn't see. I think they once spent millions building a treatment plant or refinery that could process 10s of 000s of barrels a day......before they realised they couldn't get that much out of the ground.
chris cat
26/4/2021
14:19
broken_arrow1 Can you keep posting, every time you do the price rises ! Petroneft is simply re-rating to reflect the ever improving operational performance under the new team, for long term holders, can you imagine if this team was in place 10 years ago - where would Petroneft be now. The shares hit 70p ten years ago on expectation, that valued Petroneft at circa £250m at the time, makes a mockery of the current £30m m/cap.
observer007
26/4/2021
14:05
No online quote with a number of providers, IG 'apparently' have 250,000 at 3p then it moves to 3.15p. The underlying price strength is clear.
broken_arrow1
26/4/2021
13:15
Zak Mir coverage just out, short term target 4.3p, his calls have been right since he 1st covered PTR in January Https://www.share-talk.com/share-talk-bulletin-board-heroes-monday-26th-april-2021/#gs.z5hw85
goldenshread
26/4/2021
12:33
They are asking 3.15p for just £5k of shares, it is 'at best' for smaller size.
broken_arrow1
26/4/2021
12:25
Looks like 5p+ is coming soon enough just based on operational performance, they could add another 700-1000 bopd by end of this quarter, that alone is a significant increase in revenues if attained, that could take the share price past 10p Even at 5p a share PTR would only be valued at £50m, there are pure explorers valued higher, I am sure if a broker research note were published their target range would be north of 8p a share right now. It's exceptionally hard to get any shares in PTR around current levels, good luck trying !!
observer007
26/4/2021
11:42
Only 100,000 shares at full offer then they want a premium, for size the offer extends to 3.2p. Clearly it's a thin market, still some way off the 3.75p reached in March also.
broken_arrow1
26/4/2021
10:29
Passing through the 3p mark should not be difficult and a steady move higher towards 4p as results from all the work done shows through. f
fillipe
26/4/2021
09:38
The major shareholder in Petroneft has been around since 2014, they hold 26%, my guess is their average price paid is north of 5p so you can be sure any prospective bid would be well above that price. It does seem they are window dressing the company and have already explored options to sell themselves. I am rather surprised, as part of the process, they have not had a research note completed with a target price or valuation. The last note was years ago, placed a value of £285m on Petroneft albeit things have changed since, it is encouraging they have bought back 40% of Licence 67, once again giving them 90% and own 50% of Licence 61. Concur with others, the market value of Petroneft seems very low, only £28m, but for how much longer?
mrmcnee
26/4/2021
08:18
The bidding window is firmly in the hands of the company. Any bid would IMO be an agreed deal. With such a high percentage of shares tied up no outsider is going to mount an aggressive low bid. The time for a cheeky bid is already past. That doesn't mean the pi's can't get stitched up .
wiloughby2
26/4/2021
08:13
No quote available for sub 100,000 shares, they want 2.9p above that.
broken_arrow1
26/4/2021
08:05
Very impressed with this new management team, they are clearly adding value quickly with a mission statement they are prepared to sell the company, at the right price of course. The current £28m m/cap is a injustice, cannot see management selling the company under £100m equating to 10p a share, one or two more positive updates like today and the share price could reach that on it's own. If anyone wants to bid opportunistically the time window is closing.
observer007
26/4/2021
07:53
Great update today inline with previous bullish announcements, looks like they are getting a good price for their oil as well, now targeting a potential 1000 bopd from the L2a well alone, results expected by end of this quarter. The company continues to add value but remains significantly undervalued, it is only a matter of time before the market latches on.
goldenshread
26/4/2021
07:38
Excellent update delivered as stated ! Well done
rpat2
26/4/2021
07:35
Does exactly what they said on the tin! Well done.
rolo7
26/4/2021
07:35
Well finally PTR starting to really look good and a decent price rise coming maybe as has been speculated on here a take over and anything over 5p would be great.
thetoonarmy2
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