Share Name Share Symbol Market Type Share ISIN Share Description
Savannah Petrol LSE:SAVP London Ordinary Share GB00BP41S218 ORD GBP0.001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 34.625p 0.00p 0.00p - - - 0 06:31:56
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -6.7 -3.2 - 73.64

Savannah Petrol Share Discussion Threads

Showing 1101 to 1120 of 1125 messages
Chat Pages: 45  44  43  42  41  40  39  38  37  36  35  34  Older
DateSubjectAuthorDiscuss
23/8/2017
14:03
Funny I wanted a Raleigh chopper as well and never got one! I even lived near the City that made them and went round the factory.
ngms27
23/8/2017
11:40
Which reminds me...I am still waiting for Santa to deliver my MK1 Raleigh chopper I wanted for my 10th birthday...and still nothing.
lithological heterogeneities
23/8/2017
11:12
Litho, I bet when you were a child you were a nightmare leading up to Christmas !
gisjob2
23/8/2017
08:48
Nothing again
lithological heterogeneities
22/8/2017
09:12
hxxp://thenationonlineng.net/chinese-investors-hail-ibom-power-phase-2-project/
ifthecapfits
21/8/2017
17:54
runwaypaul In theory that should be very unlikely as SAVP confrmed in 08 Jun RNS that they have been in talks since January and were seeking to complete the Proposed Transaction on an accelerated timescale. So its been 8 months already and being "accelerated" since beginning of June should not see a further 3 month wait...in theory. I am hoping that as SAVP went to Nigeria just before the weekend that it is to sign off the deal THIS week. RNS - 08 JUN 17 "Savannah has been undertaking legal, financial and technical due diligence on the Proposed Transaction since January 2017"...and "is seeking to complete the Proposed Transaction on an accelerated timescale."
lithological heterogeneities
21/8/2017
17:35
give it another 3/6 months and youll probably hear something .always a nasty situation being tied up in a suspended stock whatever spin the windy bottoms try to put on it.cetainly the naivety of certain posters thinking this will return to trading in a few weeks is pretty astonishing.atb
runwaypaul
21/8/2017
12:21
lithological heterogeneities 17 Aug '17 - 15:30 - 1084 of 1096 "Seplat another player in the oil industry declared a $28 million loss for the half-year July 2017 due to the shut down of the Forcados export terminal for repairs after a militant attack." ============================================ As I said in reply to the above not the only company to make a H1 2017 loss. Much speculation as to what value Savp could achieve with the takeover of most of Seven Energys assets. Seplat £600m m/cap and $600m+ debt (Nigeria focus only). Kosmos Energy listed this am on UK market so who's to say that with both Niger and Nigerian assets that Savp could not grow to a very sizeable company. I'm sure Kosmos investors are looking for much greater growth than their current £2.14b m/cap. Worth bearing in mind that both Seplat and Kosmos carry significant debt while Savp (£95m m/cap) doesn't so far - so raising some debt and new equity to buy a discounted Seven Energy even by a few hundred $million should be seen in context of potential m/cap growth. Kosmos Energy listed on UK market this am - 389m shares in isue. 550p/share = M/cap £2.14 billion. Net debt $943m. 145 mmboe P2 (102 Oil/43 Gas). 84 mmboe 2C (60 Oil/24 Gas). H1 2017 loss = $37.3m. May 8, 2017-- Kosmos Energy Ltd. (“Kosmos”;) (NYSE: KOS) announced today financial and operating results for the first quarter of 2017. For the first quarter of 2017, the Company generated a net loss of $28.8 million, First quarter 2017 oil revenues were $103 million versus $62 million in the same quarter of 2016, Aug. 7, 2017-- Kosmos Energy Ltd. (“Kosmos”;) (NYSE:KOS) announced today financial and operating results for the second quarter of 2017. For the second quarter of 2017, the Company generated a net loss of $8.5 million, or $0.02 per diluted share as compared to net loss of $108.3 million or $0.28 per diluted share in the same period last year. When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net loss(1) of $8.4 million or $0.02 per diluted share for the second quarter of 2017.
zengas
21/8/2017
09:17
Better still,announce the RTO has failed and give is the planned JV and start our 100+ well programme instead as we were all expecting.
lithological heterogeneities
18/8/2017
09:52
both the "good bit" and "bad bit" are in Nigeria so very relevant,
lithological heterogeneities
18/8/2017
08:21
Not sure negative view of 7 is relevant .. because as mentioned previously, it's going to be split rather like a bank into a "good bit" and a "bad bit" .. and the latter won't be involved with SAVP .. GLA ...
taudelta1
17/8/2017
21:13
I don't care where he gets the money from, as long as us PIs get a value accretive and share price enhancing reaction after the suspension is lifted.
divmad
17/8/2017
20:19
The aei article said: "Sources say A Knott looking to China to raise finance to buy Seven Energy. They distribute gas in the Niger delta and struggling to honour its debt payments. Company wouldn't comment when contacted by AEI."
parisv
17/8/2017
19:54
HTTPS://www.dailytrust.com.ng/news/business/chinese-banks-begin-funding-oil-gas-projects-in-nigeria/209813.html
parisv
17/8/2017
18:24
It's this negative perception that has created this opportunity. SE was presented as an opportunity specifically due to the structure of its debt and high dependance on dollar income all of which is in the process of being addressed. The way I see it is that for those that don't like the potential exposure to Nigeria. It is these people that will create the upside potential long after we re-list. I am especially excited about the gas assets too as I think the timing is near on perfect.
diversification
17/8/2017
16:44
lh I don't know why your posting about the Seplat news now as if H1 is something new to be learned? The results were out 3 weeks ago along with an investor conference call. Surely you studied them then given their relevance to 7E. They are not the only oil and gas company irrespective of Nigeria that has registered a loss in H1 17. It's the steps that are being taken to resolve the issues with additional export routes and Forcados has reopened. They are also gearing up for major gas expansion. Their share price did not differ after the results to the valuation pre results and still has a m/cap of £600m. It remains to be seen if Savp can get a heavily discounted distressed asset on the cheap which can be put back on its feet given the assets and infrastructure it has. As for hating Nigeria re risk, i'm surprised you would invest in Niger.
zengas
17/8/2017
15:57
Questions for you - did you trust the BoD when you invested? Do you trust the BoD now? Will you trust the BoD in the future? Presumably you did trust the BoD and invested accordingly. Your trust in the BoD is clearly shaken/waning - you don't like Nigeria - I get that I REALLY do I have my doubts too - but until until the deal is done and dusted you, nor anyone else - EXCEPT the BoD - know what the deal is. You will get your chance to sell when relisting - at which point you can re-appraise whether you still trust the BoD then sell, hold or buy as appropriate. Playing with Small Caps - is of course a risky business - but no pain no gain - right?
ifthecapfits
17/8/2017
15:35
oh...and by the way...the word "accretive" is only used by "accretin". in fact, in 25 years of investing I have never heard this word used until it came out in that SAVP RNS and now its used in almost every sodding SAVP post over on the cowboy forum. and before the obvious is stated,yes I know, I just said it so I must be one as well. beat you all to it.
lithological heterogeneities
17/8/2017
15:23
Courtesy of "daysleeper" from lse today: 15 AUG 2017 HTtps://nairametrics.com/these-banks-are-set-to-write-off-over-445m-seven-energy-debt/ These banks are set to write-off over $445m Seven Energy debt Creditor banks to Seven energy may have to take provisions on a $445 million to the company, despite a potential sale to Savannah petroleum. Seven energy, had taken the loan from a consortium of banks led by Ecobank, FCMB, and Union Bank in 2015 to provide working capital for Accugas, one of its subsidiaries. The company, currently has a negative cash flow and is such is unable to service its loans. Savannah petroleum, which intends to purchase Seven energy, is also in a tight spot as it made an $8 million loss in 2016. Taking provisions on the loan will leave the banks in a tight spot as other sectors of the Nigerian economy are struggling from the recession. Seven Energy is not alone A massive drop in crude oil prices, and in some cases crude oi production volumes have left many players in the oil industry struggling. Oando Plc, for example bought upstream oil assets at the peak. Oil prices sank to a low of $28 in 2016 from a peak of $114 in mid 2014. The subsequent drop in oil prices led to a drop in the valuation of the assets and a fall in production. Oando was forced to sell off non-essential assets and a stake in its downstream arm. Seplat another player in the oil industry declared a $28 million loss for the half-year July 2017 due to the shut down of the Forcados export terminal for repairs after a militant attack. The advent of shale oil has also worsened matters as they are able to produce oil at a much cheaper cost. Consumers are also increasingly focusing on renewable energy which is more environmentally friendly Seven energy, founded in January 2004 is an integrated oil and gas company with assets located in the South Eastern region of Nigeria. Savannah petroleum is a UK based petroleum company with operational assets in the Niger region.
lithological heterogeneities
17/8/2017
08:13
4.4m S.L shares sold. This is why I posted my possible 40p placing scenario on 27th July (on lse) "When the share price was rising i felt that there was a seller into strength as usually the tight supply would give a hefty lift to the s/p. This could have been profit taking from the 23p days or someone that had a whiff of the deal and didn't want to be part of Nigeria or someone who had an idea of any future placing/pricing ?"
zengas
Chat Pages: 45  44  43  42  41  40  39  38  37  36  35  34  Older
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