Urals Energy Share Discussion Threads

[gregpeck7] 07/2/2017 08:22

Will suddenly snap higher imo.

[laurence14] 07/2/2017 08:15

RNS seems to have generated more interest in the share so it has come onto more peeps radar

[darren81] 07/2/2017 08:14

I was hoping to add some extra shares in late January, when they became free, but as the price had more than doubled I held off. In an ideal world this would drop below 3p again so I can add the 600k I was planning on - hopefully the MMs will make that happen! Should also ensure less liquidity on the next move northwards as well!

[rockin robin] 07/2/2017 08:14

MMs trying to hit, spread bets without any stops imv..Still 5.7p to buy.

[basem1] 07/2/2017 08:13

Bulls Bears, Bulls, Bears....a good old tussle this morning. I've added 100k at 5.555.

[gregpeck7] 07/2/2017 08:13

Cracking price grabbed some more

[rockin robin] 07/2/2017 08:10

5.56 to buy now.Considering the top price to buy yesterday.Tuck in..

[wanna brew] 07/2/2017 07:37

I am reading "no reasons " as not in t/o talks. Not that they know it, yet that is !!

This has been on a steady rise driven by buying pressure since late Dec. This cannot be all down to p/i's thinking its a bargain. My guess is there is someone out there accumulating.

[rcturner2] 07/2/2017 07:30

The bizarre thing about the "no reason" RNS is that at the end of the statement they say "The board notes the general strength in oil prices since earlier in the year. In addition, the board believes that there has recently been some improvement in market sentiment towards companies with operations in Russia.". Are those not reasons then?

[basem1] 07/2/2017 07:17

Right then, who's in for a few more below 6p ?

[calmtrader] 06/2/2017 23:12

The RNS was market driven not Company driven

[darren81] 06/2/2017 23:04

The BODs should not be trying to limit the SP, it would be extremely worrying to me if they were! Their job is to return maximum shareholder value rather than try to reduce it.

[geoffmanana] 06/2/2017 22:05

Speeding ticket.......but not going that fast!

[topicel] 06/2/2017 21:42

Darren81 - it is possibly as I said earlier. The BoD are attempting to restructure the capital here and really don't want this getting away beforehand.

Hence, "see no reason" RNS. It took a while to work but it was not the MMs asking for it as others have guessed but a genuine RNS from the BoD who are planning a capital reduction and then wish to attract buyers.

Daft and annoying in equal measure to us lowly PIs, but high finance players want in low and also want more for the one for ten, or whatever is decided, and the more dividend they will also get too.

Plenty will be holding or accumulating though so it isn't a major worry, just, like I say, annoying. Chav is probably correct in that buying pressure will be maintained by the more astute and we'll arrive at 8p by the weekend anyhow.

Some more fun with Iran will send oil up too.

Topicel

[gregpeck7] 06/2/2017 21:38

View it as an unexpected top up opportunity chaps.. I will.

[canny lass] 06/2/2017 20:57

ucasaviI agree, seems such an odd RNS if solely originated from the board. There were so many positives in their last RNS. Possibly, as 'Calm' stated in an earlier post, the request came from the LSE via their Broker. I'm bemused.

[ucasavi] 06/2/2017 19:27

"The board of Urals Energy .. confirms it knows of no reason for this price movement."

The board needs a reminder:

"..it would be the Board's intention to propose a dividend policy that is linked to the Group's EBITDA, which the Board believes is the best indicator of the Group's cash generation"

"2016 Half Year Results

-- EBITDA* increased to US$2.2 million from US$1.3 million for the first six months of 2015, an increase of 69%"

[darren81] 06/2/2017 18:09

Absolutely disgusted with the BOD, this was not a massive spike but a gradual rise over the last month or so. I really fail to understand why they felt the need to release an RNS like that, they didn't release anything when the price was dropping!! It's like they want the price to stay low!!!

[gregpeck7] 06/2/2017 17:36

Clear out then move on..

[rockin robin] 06/2/2017 17:11

MM trying to 'get out of Jail'

[chavitravi2] 06/2/2017 17:07

I think you are right Calmtrader, it will not take many little buys to start it back up never mind those that come in for bigger bites on the cheap. 8p by Friday at least is my guess.

[calmtrader] 06/2/2017 17:00

chillaxing is required..stories the same.. and now you can pay 5.75p instead of 7p..for a stock that s/be in the 20's by year end top up time

[sportbilly1976] 06/2/2017 16:55

basem - most likely that was the online limit at the time. 50k/25k exactly not being filled but a few under got placed.

downside is your left with a handful of shares but okay if you're planning to buy back in due course