Urals Energy Share Discussion Threads

[gooner6] 18/5/2009 19:51

landwatcher - Definately dilute the sp, but you have to take into account where the price is now.

Didn't VS once state at these levels the share price is at junk levels.

I believe that if Sberbank had already taken back D&T and UEN was progressing with it's disposal programme then the current share price would be significantly higher than 9p.

Currently there is the uncertainty combined with a seller, so we are where we are, but the price can change in a flash.

As for dilution i am not overly concerned, the company have stated they are looking at options that will enhance shareholder value. I'm with Dusseldorf, minimum of 25p to 40/50p.

The changes in the tax rules must make UEN additionally attractive, greatly improving cash flow.

[on the up] 18/5/2009 19:43

L&S - from my admittedly poor knowledge in comparison to others who kindly frequent this BB: debts are kept at bay with ongoing production/storage; Chep was 'divested' with buy back option - one less cost from an uneconomic (at the time of divestiture) POO point of view.....and an asset for the future.

In the period 6/01 until 29/04 the BoD was looking for a 'short term loan' to see the co through to delisting - that was all that was required.

Maybe I'm entirely wrong and someone will correct me but the way this has been played is text book imo when you looks across the piece from October last year until now (macro world economics accounted for & included).

Cheers all, OTU

[lalria] 18/5/2009 18:17

I have been with UEN for some months now please with the increase from when I invested at 3.65p - I have 89633 shares.

I feel good about this company and future share price.

[lift and shift] 18/5/2009 17:49

If we get to keep D&T which is looking more likely week by week, do we know what will happen with the old debts contractors etc (and who has been paying these in the short term)+ interest for the £630 loan that would of other wise of been taken on by sberbank.?

[dusseldorf] 18/5/2009 17:43

landwatcher - any debt solution involving equity will dilute, question is what is the strike price - IMO (hence my buying in) it will be 25 - 50p/share

[landwatcher] 18/5/2009 17:34

gooner, will the debt equity facility dilute sp?

[gooner6] 18/5/2009 17:21

Some observations.

Sberbank are obviously open to UEN retaining it assets and also under the right agreement prepared to finance UEN with additional capital.

The question is what would be the terms of Sberbank.

I'm not convinced that Sberbank would provide a straigh forward vanilla debt facility. Certainly if they were to, i believe they would require UEN to farm-out a percentage of either Dulisma or Taas and element of those proceeds utilised to reduce the Sberbank loan facility exposure.

Alternatively Sberbank may be looking at a debt/equity facility, this i believe is more likely.

Sberbank are obviously prepared to discuss the financial requirements, hence there is a deal to be done.

[justjus] 18/5/2009 17:15

Ahhh, so that explains why we see 1.25 - 45.25 early before the start, only TROI awake ?

[jcgswims] 18/5/2009 16:37

Final final closing pic :)

[laserdisc] 18/5/2009 16:37

this will be a big problem if it does move up the spread will drastically widen

[gooner6] 18/5/2009 16:37

Let's see what tomorrow brings, but i believe our seller has possibly finished, or at least verk close to finishing.

[djmoggy] 18/5/2009 16:35

Actually post close EVO moved to a 1p spread and is on both the bid and offer (8.5p - 9.5p)

Mogs
:)

[itskashyap] 18/5/2009 16:34

I thought MM's just doing their job (i.e. creating market)...

[laserdisc] 18/5/2009 16:33

100k now showing @ 9.25p & 150k @ 8.3p

edit plus another 100k @9p

[jonnyfro] 18/5/2009 16:32

itskashyap - definitely..

[jcgswims] 18/5/2009 16:32

Yes itskasyap - buy price was changing regularly in the last few mins - closing pic :)

[itskashyap] 18/5/2009 16:31

gooner6 - 18 May'09 - 16:30 - 24990 of 24990

Do you think that we have big seller in background?

[gooner6] 18/5/2009 16:30

I think tomorrow will give an indication if our seller has been cleared out.

[itskashyap] 18/5/2009 16:29

jcgswims

buy price 8.94

[comedy] 18/5/2009 16:29

mlightfot..just got back on wanted to say thank you for your effort and informing us. thanks mate.

[shares14] 18/5/2009 16:29

Thats my level,the next couple of days are going to be very interesting.

[jcgswims] 18/5/2009 16:28

KBC jumped to the bid - now 2 v 1 :)

[jcgswims] 18/5/2009 16:26

Buy price gone up to 50k 9p 100k 9.5p sell 50k 8.51 :)