Ruspetro Share Discussion Threads

[ranj79] 07/2/2013 22:22

Just realises its not in today's trade total. Well someone's buying in. Also, Bank of America holds a buy rating of 135p of RPO.

[ranj79] 07/2/2013 22:03

Yesterday's? How do you know that?

[ntbb] 07/2/2013 21:20

yes that was yesterdays ice berg buy at 43p

[ranj79] 07/2/2013 18:31

Did anyone notice the last trade of over a million?

[ntbb] 07/2/2013 16:44

well share price going up, lol

[hitsha3] 07/2/2013 16:26

THIS SHARE ARE GOING TO SINK. I LOST LOT OF MONEY ON HERE, GET OUT WHILE U STILL GOT CHANCE.

[ranj79] 07/2/2013 16:23

Yes, looked okay so far.. Hopefully tomorrow can be another blue day :)

[ntbb] 07/2/2013 16:05

shares very much in demand

[robhammers] 07/2/2013 12:08

I. He tipped intrex years ago at 10 quid. Within a few months they were 10 pence. Hes completely useless

[ntbb] 07/2/2013 10:47

better then current price, lol

"We reiterate our HOLD rating and target price of GBp123/share"

[ntbb] 07/2/2013 09:17

with funds available today, i have added few more shares at these price, this company has massive amount of p2 reserves and that is worth alot more then the current share price

[ranj79] 07/2/2013 07:47

Release of production updates can be anytime now till the 18th

[2bung] 06/2/2013 16:43

It has been 1 awful share, 1 disaster after another. People buying in today have done well for themselves though.

[ntbb] 06/2/2013 15:30

if there was any funding problem surely they would of mentioned it on the rns?

[ntbb] 06/2/2013 15:10

looks like large buy order placed at 42p

[rcturner2] 06/2/2013 14:39

Darcon, many thanks and best of luck to you too. I may or may not get rich on Petroneft, which has some similarities with RPO. The main one being that the share price tanked and we ended up with a massive share placing that added 50% new shares to the market.

As I said above, I have seen this scenario so many times before.

[darcon] 06/2/2013 14:38

Yes, I am aware of that. They're not the only oil company looking at drilling for tight oil.

I'd recommend reading BP's recent energy outlook document for BP's view of the future of tight oil production growth

[ntbb] 06/2/2013 14:29

darcon you know exxon already working in siberia, wouldnt it make sense for them to either takeover rpo or take a stake with back cost

[darcon] 06/2/2013 14:22

RCTurner2,

I am very worried.

I suspect they were planning the secured loan note issue prior to New Year. And probably some idiot thought they could sneak the rns through and no one would notice. Except that in this day and age with easy access to information such actions are not so easily overlooked.

I think that they now are being more cautious with their RNSs and just giving the minimum facts. But that could just be my rose-tinted view.

I am glad you've managed to save yourself some money. I can't stand boards that are one-sided. You can't have a market or a proper understanding of a stock unless you hear both sides.

Let's just all keep it polite

Best of luck with your investing

[rcturner2] 06/2/2013 14:11

Darcon, you seem like an intelligent guy and fair play to you for keeping all views visible, it certainly saved me buying in here.

Are you not at all worried though? The fiasco over the production target and the way they issued that rns after the bell on the friday of NY week was totally underhand in my opinion.

[darcon] 06/2/2013 14:09

Another more charitable view of the loan note postponement may be that the market is currently fully sated with Russian oil company debt issues as a result of Rosneft's debt fund-raisings in connection with its purchase of TNK-BP. Ruspetro's timing was also poor as it was coming to the market alongside multiple other Russian debt issuers and was doing so moreover in circumstances where it was suffering a production problem. The management were certainly brave or foolhardy in not waiting a few weeks, but I guess their bankers said the window would only be open briefly before the US deficit debate sends all debt buyers into hiding