Rose Petroleum Share Discussion Threads

[kevjones2] 29/4/2016 22:36

Apologies to the handful of investors still discussing Rose as if there was even the remotest hope of its existence continuing in any kind of meaningful way other than lining the bod's pockets but I'd like to jump forward past the next few placings and ask post-Rose questions:

When Rose inevitably folds and the current holders can no longer fund the bod's childrens' college funds, is there any other way I can help their kids get through college? Also, I hear there's a yacht or two still not fully paid for. How can I continue to fund yacht payments? Are the bod ok whilst they await yet another 'equity issue'? If not, where do I send my few bob?

I'm very distressed about these issues and even though I'm just a poor investor I'd still like to help our Chairman.

[judijudi] 29/4/2016 16:51

That graph looks like a cliff face
This bunch of clowns couldn't run a corner shop!!!
imho

[abergele] 29/4/2016 11:38

TDW,buy now at 0.001624p

I believe it's an overhang of sells from yesterday that's holding us back,
sells today about 1 million,against buys of almost 3 million,
So from a post I made yesterday of mores sells by about 3 million,w must stand equally covered now.....

So why do they drop the bid,and the graph/chart...strange

[abergele] 29/4/2016 08:45

JJ,
tried to buy 100k from tDW and they want 0.001635p
so,the red trades this morning are all buys in my book,they try to deceive

[judijudi] 28/4/2016 21:27

1I
Rabbit
Hat
Matty

[flyingbull] 28/4/2016 17:37

Looks like April is a good month for a lot of the oil stocks. Hopefully the momentum continues till at least the end of the year!
The May oil stock competitions are now open for entries, click on link below.

[1i1i1i] 28/4/2016 16:59

Judi, why do you keep saying RHM?

[abergele] 28/4/2016 16:55

More sells than buys to me JJ,about 23mill buys againt sells of 26 million,
so not bad eh

[abergele] 28/4/2016 16:40

JJ,
You are quite right,easy come easy go their salaries,just as our EME team.

good finish to the share today,makes me think a better day tomorrow as future oil prices rise,
I am busy painting still,wanted to buy some more of ROSE,and had been watching the trades inbetween the job in hand,but not sure whether we had bottomed,now I feel that is the stand for now,charts still looks OK,but I will have to watch that it doesn't pass the 200 dma on a downtrend, a great opportunity to buy in still

[judijudi] 28/4/2016 10:41

This is what you get for having a totally usless management team, headed by a totally useless CEO and all of them making bad management decisions and wasting valuable company resources!!
In my humble opinion

[judijudi] 28/4/2016 07:26

R
H
M

[proactivest] 27/4/2016 15:42

Video interview with Chris Eadie



Rose Petroleum PLC (LON:ROSE) has moved to substantially de-risk the business following a strategic review of its portfolio of assets in Utah including the termination of its earn-in agreement governing ownership of its Mancos acreage, and agreeing to hand back the Cisco Dome field, wells, pipelines, gas tap, gas plant and all the equipment to Rockies Standard Oil Company.
Chris Eadie, chief financial officer, tells Proactive Investors “we felt, with oil price in the range that it is now and against the backdrop of a very large portfolio with high land costs etc that it was sensible to right-size that acreage portfolio and focus on the most prospective acreage in order to make sure we can see ourselves through the current market conditions and be well positioned for the recovery when it comes.
“We have to have a portfolio that we can not only fund in the current market but also which offers shareholders and all stakeholders a chance to see real value in the future,” he says.
He also notes the company has “reduced costs, reduced liabilities and managed to hold on to the key part of our portfolio” adding that there is still “a number of other exciting options in the group which will hopefully realise value in the near future”.

[pottermagic2310] 27/4/2016 11:25

Already decimated, now thinking 'deceased'
:-(

[abergele] 27/4/2016 11:22

JJ,
aye you did,,
but getting a shade excited over at sum this past two days of good buying and selling accordingly.

Its just these m/m's here,either they don't want to hold stock or what,as if trades were true ,and with more buys than sells,why are we so badly own over the news??..I can't say I've tried to equate the trades as such,as too busy decorating...but 50% more buys than sells and down 20% all roughly speaking.

[geoff80] 27/4/2016 08:26

Tom W. was right to warn you.

[tmmalik] 27/4/2016 08:17

Will Get stable around 0.12-0.14

[judijudi] 27/4/2016 08:14

aber,
I did try and warn you to not get excited and carried away with the recent rise
A pump n dump at its finest
imho

[abergele] 27/4/2016 08:11

JJ,
yes sickening news out,,,more waiting for us now,like eme

[asturius101] 27/4/2016 08:07

Back to the doldrums of the early teens...this will either go bust or be a multi bagger - place your bets!!!

[judijudi] 27/4/2016 07:30

Back to low teens now
Idiens is a useless CEO
The very worst advert for aim companies management (and that's saying something for aim)
Our management are an advert for all that is bad. Leeching money and assets away while taking fat cat salaries and adding zero shareholder value!!
imho

[asturius101] 27/4/2016 07:27

Well exactly what else were you expecting? Will take a number of years before any oil revenue achieved if they even make a discovery...well done to those who flipped for the circa 120% profit

[1i1i1i] 27/4/2016 07:17

It's seems you were right JudiJudi about Idiens being out of his depth.

[1i1i1i] 27/4/2016 07:14

Ouch! Glad I got out, seems that had too many fingers in too many pies with no way of backing it up with financial support. Now they are just giving away their assets.