Urals Energy Share Discussion Threads

[gregpeck7] 02/2/2017 15:47

Wow just checked in, looks like 6p will fall tomorrow... major stock shortage

[canny lass] 02/2/2017 15:41

Just noticed that it has gone through at 5.7p, not the 5.75p I set.

[topicel] 02/2/2017 15:38

Lol Canny. You had to bite mate. Never say never though when the momentum is good regarding buying more.

At this valuation with global economic troubles abounding, producing sweet oil twice a year with plentiful P2 reserves is, as mentioned, a cash cow many will want to participate in.

Good luck anyway.

Topicel

[canny lass] 02/2/2017 15:32

That's my lot now. No more investing in UEN.

[canny lass] 02/2/2017 15:29

I eventually went for 152,011 at 5.75p. The buy is not showing yet but has gone through on my TD account.

[basem1] 02/2/2017 15:22

There you go canny be quick

[basem1] 02/2/2017 15:18

Let's be honest, this wouldn't be expensive at 16p ( circa £40m mkt cap)

[basem1] 02/2/2017 15:17

More likely to be paying 6p than 5.5 imo, especially if there's as many as that on the bid.

[canny lass] 02/2/2017 14:19

Thanks all. I'll leave it until 4:20ish and decide then whether to buy at the ongoing online share price

[djmoggy] 02/2/2017 14:17

Agreed calm. MM are still trying to pick up shares. Can sell 250k at 5.32p now. This is the largest the online sell amount that has been possible today. There are definitely orders still to fill.

[calmtrader] 02/2/2017 14:07

Canny you may have to pay up

[topicel] 02/2/2017 14:06

Lol Canny, I had 5.55p set since this morning and decided when online buying at best came back to accept 5.71p.

So naturally I don't think you'll get 5.50p either mate, but then perhaps your broker fishes better than mine?

Either way, something is stirring in Eastern Russia to encourage UEN holders and potential buyers alike so far this year. Not least a doubling in crude oil price on this time last year and ours is even sweeter...

The Saudis are pushing ARMAMCO again too today I see.

Topicel

[topicel] 02/2/2017 14:01

Paul the Octopus, what makes you think/choose 10p here?

The last Adler acquisition some two years ago was around 12p and I'm sure they, as 44% principal shareholder, won't be 'settling' for break even after that time and trouble...

Historical highs here before the legacy issues were 500p, and while the company is slimmed down and with far fewer assets the production and acquisition with a debt-free balance sheet makes this a cash cow.

Dividends were mentioned recently for this reason. Money is reinvesting here for that reason. All will also consider 10p as derisory, equivalent to a $25m or so market cap.

Maybe Adler are buying more, someone sure is for this price to be so controlled. Russia is once again an investment destination given Trump's rhetoric towards Putin and the appointment of Tillerson as Secretary of State.

But maybe you're just suggesting 10p as an imminent or immediate destination?!

Topicel

[canny lass] 02/2/2017 13:58

I have an order in for 52,011 at 5.5p until tomorrow close. Not too hopeful of it being filled.

[chavitravi2] 02/2/2017 12:56

Dispite the sells showing above it seems to be holding up, reckon the mm's must want the shares. I can't see actual buy/sells so what have they been paying?

[paul the octopus] 02/2/2017 11:08

glad all those beds into isa all over now, roll on 10p

[martyn9] 02/2/2017 10:22

We will obviously get profit taking sells along the way,providing the P&D pillocks stay well out.

[chavitravi2] 02/2/2017 10:09

Tone/Calm, speaking of SOLG, just looked and another cracking rns has come in @9.45am and its on the move again.

[tone the bone1] 02/2/2017 10:03

No you won't Chav .You will buy "The Pondarosa" in Benidorm and play in the sun with the Grand kids as I hope too.
C'On UEN

[chavitravi2] 02/2/2017 10:00

TTB, thank you for the nice compliment. If this finally gives me the long awaited reward I hope for I will probably reinvest a good bit in SOLG if the price is still right. I think that is the next flyer. I don't know why I do this, I will only give it to the kids.

[jakecat1] 02/2/2017 09:40

Down boy... stay below the 10% increase marker!!! We don't want word to get out about this one to the de-ramping loons!

[darren81] 02/2/2017 09:35

Nice to see another rise today.

Considering the main II here bought in at >12p (when FX rate was much healthier) they are bound to want a considerable mark up on their investment given how long they've held, a re-rate is well overdue!

[gregpeck7] 02/2/2017 09:34

Literally no stock available.