Share Name Share Symbol Market Type Share ISIN Share Description
President Energy Plc LSE:PPC London Ordinary Share GB00B3DDP128 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.05 1.19% 4.25 1,877,987 07:30:38
Bid Price Offer Price High Price Low Price Open Price
4.00 4.50 4.25 4.25 4.25
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 37.00 4.77 0.01 549.5 48
Last Trade Time Trade Type Trade Size Trade Price Currency
15:29:50 O 10,213 4.195 GBX

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President Energy (PPC) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
15:29:524.2010,213428.44O
11:30:384.001,000,00040,000.00O
10:34:134.07110,0004,477.00O
10:34:124.07100,0004,070.00O
10:06:034.20417,77417,546.47O
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President Energy (PPC) Top Chat Posts

DateSubject
20/11/2019
08:20
President Energy Daily Update: President Energy Plc is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker PPC. The last closing price for President Energy was 4.20p.
President Energy Plc has a 4 week average price of 3.70p and a 12 week average price of 3.70p.
The 1 year high share price is 10.18p while the 1 year low share price is currently 3.70p.
There are currently 1,125,560,677 shares in issue and the average daily traded volume is 1,176,576 shares. The market capitalisation of President Energy Plc is £47,836,328.77.
29/10/2019
08:55
edward3: One positive thing i can say about Mr Levine is that he has always replies to my emails i send him, he has given me permission to share his last reply. What I say now may not be of comfort to you in relation to the share price . The answer is honest, direct and to the point Before I go on let me say I am happy if you wish to transmit my comments to our shareholders should you wish 1. As someone with a material amount of cash invested in this company, I am completely aligned with all shareholders‎ in relation to the share performance . Those that are around me in the business have no doubt the depth of my involvement and the time I devote to it 2. ‎The share price performance has no relation to the company itself nor it's present financial position or prospects . As I have said it is completely disconnected with reality and is beyond frustrating to me 3. ‎Above and beyond the general issues of small/medium companies such as market cap, liquidity, forced selling of positions and the poor investor reception nowadays for oil and gas companies, we have the argentine factor 4. That factor, misplaced in part but certainly magnified on fear and frankly ignorance of the situation on the ground, acts as an anchor and chain to ‎our shares 5. President as a business is a sound one and the strategy is defined . The company is transformed from 2017 and we will continue to make advances despite the issues we have had recently . The latest Angostura agreement is an example ‎of the strategy in action 6. I make no apologies for following this path nor for making this company profitable and successful. I feel deeply however for all the shareholders who see the price eroded daily for no business reason whatsoever Nevertheless we have to concentrate on building the business and that's what we are doing‎ and whilst ever we are a public company do our best to keep the market informed The dream in my mind is still alive. I'm not giving up on it Peter Levine
30/9/2019
18:33
brasso3: I will stop posting here now until the Argentina election results. I cannot see anything material happening now and 2019 is pretty much a right off as can be seen in the share price performace. There is no serious debate here anyway so I will let you rampers run riot. Lets see if you can get the share price back up to 8p in the next 4 weeks.
15/8/2019
11:16
brasso3: PP Ramper - Someone who only discusses the positives and never engages in the counter argument. Someone who tries to dismiss a poster who is considering all aspects of the situation. I take a balanced view and come here looking for debate but that never materializes. My view has proven to be correct here and you seem to prefer to attack with offensive posts rather than discussion. There are reasons why PPCs share price is at an all time low of 5.75p today. Would you care to give me an explanation for the share price being at a 13 year low?
01/5/2019
22:00
brasso3: Looking at it verses share price (Assuming the rest of their portfolio is flat) it is quite linear. Dec 2018 - £8.3m (4.6% PPC shares), Av share price = 9.4p Jan 2019 - £8.9m (4.2% PPC shares), Av share price = 9.3p Feb 2019 - £9.0m (3.6% PPC shares), Av share price = 8.5p Mar 2019 - £8.8m (<3.3% PPC shares), Av share price = 7.5p As mentioned above it could be that they have not sold any. We will find out when they publish their April fact sheet if PPC can hold this price.
01/5/2019
21:50
brasso3: Junior Oil Trust total fund value on a monthly basis:- Jan 2019 - £8.9m (4.2% PPC shares) Feb 2019 - £9.0m (3.6% PPC shares) Mar 2019 - £8.8m (<3.3% PPC shares)* *March percentage for PPC not declarable as they are out of the top 10. Is the reduction just due to PPCs share price sinking from 10p to 7p in that time period?
01/5/2019
16:38
brasso3: Big sellers normally drip feed stock to the market over a long period then dump the final amount in large volume. I am fairly confident the weight that has been hanging on the PPC share price since January has now been removed. I think it is highly likely this was Junior Oil Trust (JOT) or the Norwegian Oil fund who were below the 3% threshold to begin with. I will be topping up if this goes sub 8p again.
24/4/2019
14:16
brasso3: Victorfromportugal has reapeeared on LSE:- Dear Mr Peter Levine, President It is with regret that I feel like having to write to you again, so soon after my previous letter dated November 2018. If you recall, in that letter I expressed my concern about the evolution of the company, despite some progress in terms of production and positive cash flow. I made several suggestions which would assure a better return for your shareholders - a strong dividend policy - a share buy back program (to reduce the explosion of new shares issued since the company took over Meridian PLC in 2007) - other measures to avoid dilution. In 2007 there were [Link Removed] shares issued at Meridian and I owned 1 percent of the company with 100.000 shares In 2018. With 4 times more shares, my holding has reduced to 0.037 percent. That's 27 times less. Is it the position in which many of your shareholders find themselves today after buying shares through one of the 12 placings in the last 10 years ... At 30p 20p and even higher. Therefore, it is with terrible disappointment that I have learned that President Energy has again fallen into the vices and terrible ways of the AIM market : issue more shares at rock bottom levels. Literally destroying value to your investors and historical backers. You (as Head of the Board) have in effect played once again the game of the Funds and Market Makers who keep shorting this stock like so many others on the AIM market and allowing them to get the new shares at the lowest of the low in terms of price. Since 2007, I have never seen a placement made by PPC at a higher price than recent market price. They have made money out of these placements. We have not ! All this for a low 8 million £ capital this time... Unbelievable. Really. So instead of buying shares on the market , you dilute even more. It is extremely irritating to be told that this will create "liquidity to the stock". Because it is so wrong and a cover to disguise the true nature of the transactions on the market. The shorting of the stock. Always covered by issuance of new stock. Despite the company being well funded and turning a profit, creating more shares is another nail in the coffin for your investors. Don't you think that your historical investors aren't tired to put more money into this black hole every 18 months? They are Mr Levin. And like so many others , I refuse to put any more money in this project since the 30p Because I do not like being taken advantage like this time and time again. Plus the issuance of new stock just kills every attempt to buy at any time. This means that the AIM market is dead. Long buyers have long gone. And this alone explains the lack of liquidity. This only ! No need to justify yet another private placement because of liquidity. The previous 11 placements were enough to provide liquidity if this was the cause of it. Investors are not fools. Also, even if the company was to pay 1p dividend a year from now on, which could propel the stock towards 20p for a dividend yield of 5 percent. This would require [Link Removed] GBP to pay out year in year out. Knowing that the company issued stock and converted debt at 8p , for 8.6 millions , the prospect for any decent and long term recovery of PPC share price is Nil. You have issued too much stock. There has been too many failures in digging , far too millions spent in empty drills over the last few years. It's awful. Whatever the reason for more placing in 2019. It is wrong and very few shareholders will see the benefit of it. And if the company, after all these years, was to be taken private just before a massive recovery in fortunes, the historical shareholders will be in their right to sue and claim massive compensation. The conditions for a long term recovery of the share action was already very small last year, now it is simply impossible. Many of your shareholders have lost fortunes that will never be recovered. Not even speculating, but simply investing in the long term and following the business plans. A copy of this letter will be posted on advfn chat forum later this month. With your permission. I feel many shareholders feel this way too and I will make sure that our point of view is represented at the next AGM's from now on. I thoroughly regret having trusted this Board since 2007. It was a massive error. The only good point this time is an attempt to justify this placing on the PPC webpage. Which many companies don't even bother. However, I believe that this placing is one too many and I do not trust this Board anymore to preserve the interest of all the shareholders as a whole. Only the last ones investing have an extremely slim chance of a return. And the placements keep coming . I just hope that this money is used well this time and not wasted again as it has been before on terrible bets in Paraguay, Australia etc etc And have the contractors that caused massive losses in late 2017 through errors and incompetence brought to account? Have they paid up serious compensation? PPC had to issue a massive amount of new stock following that mess. Why do we have to bear the cost of this? Shareholders would like to know about this too. Yours sincerely V
11/4/2019
07:13
brasso3: I keep comparing AAZ to PPC for good reason. They are polar opposites in how they fund growth and it is reflected in the share price over the last 5 - 10 years. AAZ has had problems over the years but it never comes to the market with cap in hand. Management have provided loans and sacrificed salaries for shares along the way. PPC always prefers the easy option of mates rates placings. AAZ has never raised money through placings in 10 years. PPC has had 11 fund raisings in 10 years. AAZ share price has gone from 4p (2014) to a peak of 95p (2018). PPC share price has gone from a peak of 98p (2009) to 6.7p today. AAZ CEO owns 30% of the stock. PPC CEO owns 30% of the stock.
19/6/2018
15:16
brasso3: PPC share price has never reacted to good news. It would not be unfair to conclude that there must be something more fundamental that is wrong with the company.
14/5/2018
17:18
brasso3: I have listened to 10 years of similar posts from PP to the above yet the PPC share price is near record lows. TXP will be paying dividends before PPC and its actually part of the management strategy!
President Energy share price data is direct from the London Stock Exchange
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