Ruspetro Share Discussion Threads

[jameshodson32] 01/9/2012 21:48

In my opinionRPO has great potential. Busy month ahead.... I think this has been oversold and we will see a bounce back up a little Monday....

[louis07789] 30/8/2012 10:17

Darcon I think yesterdays announcement doesn't really change the overall picture though. I understand why the share price has fallen, wether that now means all the factors both pro/con are "priced-in" is the job of the investor to decide for themselves.

Fluctuations in production rates under these circumstances while unwelcome for the reasons you mention, are not indicative of a wider issue over operations, or future potential though? At least if they are, I don't understand how.

Very interesting to follow this, and read folks inputs. I only have a relatively small sum invested here. Not going to increase my holding, but I will if the share price falls much further based solely on these latest developments.

[gwr7] 30/8/2012 08:45

I have nagging doubts about this one. Tight gas plays are prone to disappointment for example if wells don't produce for as long as anticipated. Also the massive discrepancy between contingent resources and reserves may suggest over-optimism by the board. I think the market is right to be cautious and I'm looking elsewhere.

[darcon] 29/8/2012 21:12

Slower increase in production means cash delayed. As cash has a time-value Mr. Market, who has discounted the future cash-flows to arrive at a present value, has decided the company is now worth less and hence the fall in share price. Prior to today's RNS Mr Market had been anticipating an optimistic production ramp-up. Therefore, comparing today's results to even worse scenarios that Mr. Market had been applying a lower risk factor to is rosy thinking. Those worse scenarios may now have a higher risk factor applied as investors worry whether today's RNS is a precursor to further production delays in the future.

[louis07789] 29/8/2012 12:29

The delays to attaining the production rate, are they better or worse than not expecting to reach the target at all, this year?!

My thoughts are that while a significant impact to cash-flow for this year, longer term the latter would be worse.

In my opinion indicating that an 'above average' increase will mean that they still reach production target for the year of 10,400 bopd mitigates the issues encountered all the way.

[darcon] 29/8/2012 09:31

"While our target exit rate remains at 10,400 bopd the slower increase in production means that our average production for the year will be approximately 5,600 bopd."

In short, some issues have arisen which have slowed their production ramp-up, but they say they are addressing them.

Lower average production than anticipated has cash-flow implications. They are currently still burning cash.

[lennonsalive] 29/8/2012 08:01

RusPetro Turns To Loss In H1

RusPetro plc (RPO.L) posted half-year pre-tax loss of $26.41 million, versus a $0.6 million profit last year. Loss attributable to equity holders of the parent totaled $27.67 million, as against a profit of $1.05 million a year earlier.

S-x-month loss per share amounted to $0.09, compared with a profit of $0.01 in the comparable period prior year.

Total revenue for six months, including other income for the provision of metering services, climbed to $33.8 million, from $11 million for the equivalent period in 2011.

Group production for the first half of 2012 was 720,026 bbls of crude oil with resulting revenue of $33.1 million. RusPetro said its production would accelerate strongly through to the end of 2012, and also maintains its year end exit rate of 10,400 barrels of oil per day.

[map83] 28/8/2012 11:12

jameshodson32: hope so!

[jameshodson32] 24/8/2012 16:13

MAP83. Not sure, I would be interested also if anyone has any views!? Loads of director buy in over the last few months and H1 news due Wednesday. Could this be the catalyst? GLA

[map83] 21/8/2012 10:19

Anyone got any ideas as to why recently the share price seems to soar in the early opening of the market say 3-5% and then fall back? Thanks in advance.

[blueball] 21/8/2012 08:13

Keep watching and keep buying.

[louis07789] 17/8/2012 23:06

I suppose much depends upon tone of RusPetro's H1 2012 'financial results' on 29 August. Will keep wathing.. Thanks

[brucie5] 17/8/2012 13:40

Only that the share price looks like breaking back over the 200sma. Look at EXI to see a comparator. I would say the trend is in danger of reversing, but NAI.

[louis07789] 17/8/2012 13:04

Do you guys have anything else to add here? Seems still a pretty interesting share, latest license renewals due in 2012 approved?

[h0me] 16/8/2012 15:40

why the uptrend? everything else down...

[nw99] 16/8/2012 15:10

No very volatile isnt it

[blueball] 16/8/2012 14:47

Cant understand the big swings here.

[gbh2] 13/8/2012 17:19

tbh it doesn't matter where the shares stand in the FTSE rankings, it's whether they are traded on any market other than the LSE that I was asking about.

I do have complete access to the LSE trades and limited access to Plus Market trading via advfn but the epic is rejected on the Plus listing so I'm still no wiser as to where they got all those shares from!

Any long standing member know of any private share exchange that was agreed?

[brucie5] 13/8/2012 16:43

They're a ftsie 250 co with a mcqp of £500m. You can hold them in an ISA.

[gbh2] 13/8/2012 13:21

I checked but couldn't find them there I don't have a link for checking the Plus Market,I was going to buy in but atm it looks a bit suspicious to me!!

[blueball] 13/8/2012 10:27

As fas as I know they are listed on Aim.

[gbh2] 12/8/2012 12:10

Are these shares listed on any other market, I ask because I cannot find any indication of the volume suggested in the recent Director Buying list????

[blueball] 10/8/2012 08:11

Great start to the day.

Edit.. spoke too soon.

[brucie5] 08/8/2012 08:52

Looks like it. Christyakov took another 2.3% at 1.34.. Or am i misreading this?

Number of shares, debentures
or financial Percentage of issued class
instruments relating to acquired (treasury shares
shares acquired of that class should not
be taken into account when
calculating percentage)

9. 7, 714,007 SHARES 10. 2.3%
---- ----------------------------------- ---- --------------------------------------
Number of shares, debentures
or financial Percentage of issued class
instruments relating to disposed (treasury shares
shares disposed of that class should not
be taken into account when
calculating percentage)

11. N/A 12. N/A
---- ----------------------------------- ---- --------------------------------------
Price per share or value Date and place of transaction
of transaction
3(rd) AUGUST 2012, LONDON,
13. 134 PENCE PER SHARE 14. UK
---- ----------------------------------- ---- --------------------------------------

[jameshodson32] 07/8/2012 22:16

Am I correct in thinking that this evenings announcements effectively equate to an increase in director holdings?