Petroneft Resources Share Discussion Threads

[ravin146] 30/11/2015 19:45

Fitch rating view on oil and gas...https://www.fitchratings.com/site/fitch-home/pressrelease?id=995522It will be interesting to see what 2016 plans are? Same as previously agreed or will there be a update being made?Time will tell, let's have faith.

[ravin146] 30/11/2015 19:21

Surely if the Bod believe the road onwards is rosy they'd invest some of their income even if 5%p/a. I'm not confident ptr is in a closed position. Answers on a post card the bod!Natlanta are very quiet didn't they post farmout mention that although at the agm they were defeated against their proposal that they intended to keep an eye on the bod?Imo, dyor

[crudde99] 30/11/2015 15:47

Dubh.... acorns would be all well and good it we were squirrels, but alas we're not...!!

[flyingbull] 30/11/2015 15:22

The December oil stock challenge is on. Deadline for entries is midnight tonight...



Good luck.

fb

[dubhgeannain] 30/11/2015 15:04

Any news?

At least this year was bountiful for acorns so I'm well stocked. I just might hibernate for the next month or so and check back in the new year. GLA

[rcturner2] 30/11/2015 10:20

OK, thanks.

[steelwatch] 30/11/2015 10:02

RCT - not aimed at anyone on this board.

[spudders] 30/11/2015 09:35

Pretty much written off my investment here. I may feel different in a couple of years when oil price,Russia etc........ may well of settled down. In the meantime I'll still hold as selling gives me a six figure loss with no gain to offset against. Lesson learned : stick to what you know ! GLA spudders

[crudde99] 30/11/2015 09:24

There goes November ( more or less ) and not a peep from the B.O.D.

[rockin robin] 30/11/2015 08:09

Definition..bury one's head in the sand.Fig. to ignore or hide from obvious signs of danger. (Alludes to an ostrich, which is believed incorrectly to hide its head in a hole in the ground when it sees danger.)

[seangwhite] 28/11/2015 20:51

The other BB for PTR is so sychophantic as to make the snide comments reasonable.Let's see some buying by the BOD and its followers to raise the PTR profile and even its share price VGLTA

[ravin146] 28/11/2015 13:50

Rct from what I gather filling in the gaps as I have steel filtered, imo the oil price collapse was no seen by any of the large players. Hence the whole sector was hit, and now reacting to this and adjusting plans.If I remember correctly, cairn had a shock in that India wanted to claim more tax back but I believe that pressure eased slightly which is why it has corrected since then.Any way it seem the Poo is a chess game atm between the large players...time will tell.Gla

[kevjones2] 27/11/2015 22:29

RCT , Cairn is doing better than the vast majority of oilies. It's down from over 200 to below 150 since last Jan/Feb. That's only a 28% drop. With the exception of a very small minority most oilies are way down in the same period for blindingly obvious reasons. Some have folded, some are 90%+ down and others are 60-90% down.

I reckon you were astute to be probably the only private investor on earth who saw the PoO collapse coming so kudos to you. Pity your friend didn't listen to you.

[steelwatch] 27/11/2015 19:13

LOL @ ravin. If you have me on filter, you wouldn't be able to see this thread, FACT! LOLLOL

[seangwhite] 27/11/2015 17:30

RavI have been a holder here for a fair while and hoped after the farm in by OI that the Company could actually move forward.Sadly the old BOD have just gone quiet and to my mind have no real plan going forward.The current POO needs to be addressed and some plan put in place to deal with it.The option of the BOD being paid in shares seems a fair one to me.At least then the drop in the share price might be of more concern to them unlike the current situation.VGLTA

[steelwatch] 27/11/2015 16:10

Probably a better comparison:


free stock charts from uk.advfn.com

[rcturner2] 27/11/2015 15:59

Cairn has actually held up quite well.

[steelwatch] 27/11/2015 15:49

Actually, PMO is worse


free stock charts from uk.advfn.com

[steelwatch] 27/11/2015 15:29

Put your stop watches and slide rules away. This industry should not be confused with the Swiss Railway timetable, LOL

[steelwatch] 27/11/2015 15:26

From PMO's website:

3.1 Forward Looking Statements: statements made on or contained in the Website or in documents referred to, particularly those regarding capital employed, capital expenditure, cash flows, costs, savings, debt, demand, disposals, dividends, earnings, efficiency, gearing, growth, improvements, investments, margins, performance, prices, production, productivity, profits, reserves, returns, sales, strategy, synergies, tax rates, trends, value, volumes, the effects of Our merger and acquisition activity, are or may be forward looking statements. Our forward-looking statements often address Our expected future business and financial performance and financial condition, and often contain words such as "expect," "anticipate," "intend," "plan," "believe," "seek," "see," or "will." Such statements reflect Our views as of the date made with respect to future events and are subject to risks and uncertainties. Actual results my differ from those expressed in such statements, depending on a variety of factors including future levels of industry product supply; demand and pricing; political stability and economic growth, development and use of new technology; actions of competitors; and natural disasters, wars and acts of terrorism. Additional information, including information on factors that could cause actual results to differ materially from those in the forward looking statements are contained in Our latest published annual report and accounts. We disclaim any intention or obligation to update forward looking statements.