Share Name Share Symbol Market Type Share ISIN Share Description
Urals Energy Public Company LSE:UEN London Ordinary Share CY0107130912 ORD USD0.126 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 53.50p 50.00p 57.00p 53.50p 52.30p 52.30p 16,588 08:00:03
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 32.7 1.3 83.7 0.6 6.75

Urals Energy Share Discussion Threads

Showing 131301 to 131324 of 131325 messages
Chat Pages: 5253  5252  5251  5250  5249  5248  5247  5246  5245  5244  5243  5242  Older
DateSubjectAuthorDiscuss
22/10/2018
19:03
Surprised no mm's moved today.. 1 v 1 All day long...
gregpeck7
22/10/2018
17:32
if you sit back and read through the last 4 or 5 r n,s you can see that the company has had quite a good year . it received as people have pointed out aprox $ 8.5 m from the first tanker . it should receive aprox the same from the next shipment .the only reason that the accounts don.t read that well is that in the rns on 28 sept the first tanker shipment had not been included in the first 6 months trading report . what we will find in this next rns is what the money from both shipments will be . hopefully they will give us some sort of indication what money we have , what they intend to do with it ,and tell us more about the what they have spent on the port , im still confident that all will be fine and that all the money we have will be accounted for
defender3
22/10/2018
17:15
Greg, staffing levels were cut back quite some time ago. Nice buy last off.
chavitravi2
22/10/2018
15:37
They don't work for Urals Energy. They work for Petrosakh or Arcticneft
neftanik
22/10/2018
14:43
I am just thinking it must be a pretty big number with the refinery and all? Would like to know what it costs them on average per person and how many people there are.. I also wonder if the are "over" employing.. A few nudge nudge wink wink jobs for the boys... As I really do think they "should" have more cash than we ever seem to have... Is it getting p1ssed away on wages?
gregpeck7
22/10/2018
14:35
no idea greg, cant see info in accounts/website
darren81
22/10/2018
12:37
Darren how many people do UEN employ? GP
gregpeck7
22/10/2018
12:16
gaffer, I think you've used the term "payday loan" very carefully here (perhaps to scaremonger), the inference being that we're paying an extortionate level of interest / being exploited, that is clearly not the case!!! Interest rates for the loans is very reasonable in comparison to usual Russian rates. We have a good working relationship with Petraco, and have done for many years, they could have taken our assets previously but they have no interest in this, they just want the oil shipments and have no interest in the day-to-day running of Art. In an ideal world we wouldn't need the loan but given half of our production goes into storage for the two shipments, we need it to pay taxes due. Once SD starts producing a decent amount, as has been inferred from recent RNSs, then the need for the loan will disappear as we should be able to cover year round taxes from Art with the profits from Pet.
darren81
22/10/2018
12:01
Gaffer, correct shareholders have had a kicking since consolidation, more dilution with the share price will not encourage any investment.We don't know whether the problems of late will be successfully sorted yet loan/drill flow tests.
martyn9
22/10/2018
11:44
Sorry fat fingers. They are exactly that Darren, loans until they get paid. The company still has this debt and will not be able to pay it off if things don't change. A structured loan over a longer period makes sense. They could do a placement instead but I don't think the shareholders would approve
gaffer73
22/10/2018
11:39
They are exactly that Chav
gaffer73
22/10/2018
09:21
I agree, why dilute the share? If these wells come in and the bunker fuel business takes off we will be ok. People like companies with no dept.
chavitravi2
22/10/2018
07:44
i wouldn't call them "payday loans" gaffer, due to tax system in Russia they have to pay tax on the oil extracted before they get paid for the exports so not exactly surprising they need a loan to pay for this - otherwise they'd need to have almost as much money sitting in the bank ahead of shipments as the current MCap!!! Hopefully we see some positive news this week.
darren81
19/10/2018
19:38
It's about time they bit the bullet and raised a decent cash sum to pay off all their 'payday loans' for a decent structured loan. All this petty lending to ship oil and cover operating costs is just plain amateurish, no wonder UEN is so unloved or undervalued as some would say.
gaffer73
19/10/2018
18:40
Maybe some quick in and out profit takers here today.?
chavitravi2
19/10/2018
14:33
True chav, i'm sure petraco will back us all the way in view of our history with them and 5% above libor rate on loans,money for old rope!!
martyn9
19/10/2018
14:20
I sometimes think people forget the shipments are only half our income. I think we will be ok. Our arrangements with the bank and Petraco will see us through and course no concern for a placing. Hopefully we will.get more oil from the 2 new wells soon not to mention going into old ones. I'm sure we will be fine and divi 'reinstated.
chavitravi2
19/10/2018
13:51
I think the loan will prob just get deferred for a few months if we haven't resolved it by the time it is due
lalria
19/10/2018
12:07
Don't forget UEN owe Petraco $5m of that large payment.
gaffer73
19/10/2018
11:52
Yeah Martyn - No placing will be required. If we gain short term financing it will show the markets that we are a going concern and all the recent issues hasn't effected the ability to raise credit and that the creditors believe all will be sorted. In addition to this we have a large payment from the tanker coming in so this will be back up soon enough hopefully.
lalria
19/10/2018
11:44
All things being equal then,we should ride this mess??
martyn9
19/10/2018
11:35
from previous RNS The Board is also seeking to expedite the process for the planned tanker shipment from Arcticneft, as described in the Company's announcement of 10 October 2018.
lalria
19/10/2018
11:30
lalria this month?
martyn9
19/10/2018
11:28
lalria this month?
martyn9
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