Urals Energy Share Discussion Threads

[chavitravi2] 05/5/2017 13:28

Your right topicel,I don't think we a shall even see a retest of 7p. Right now I hint the powers that be want it over 8p. But what do I know.

Sorry folks, did it on my phone and fat finger and predictive TX put it wrong.
I meant to put the powers that be don't want it over 8p.

[topicel] 05/5/2017 11:44

My view is as it was when we discussed buying or not at 6p, and it is the same at 7.5p, don't sweat the pennies here!

The basic premise is this is a company in re-rating mode with considerable news flow to come and plenty behind it this year which, compared with previous years is a significant change in communications.

Something will show this recent purchasing pressure to be a precursor to the company being re-rated and whether it is the capital reduction consolidation at the end of the month, drill results or competent persons reports on P2 reserves during the month, we will not be disappointed. At least not given the 12.25p rejected 'offer' three years ago as management knew the true worth here was yet to be revealed.

So if you've got the dosh, haggle with the broker by all means but invest it sooner than later IMHO in UEN as a big premium will be needed one day soon and I'd rather be a few weeks early than a day late!

Unless you reckon a re-test of the 4-6p range is due for some reason....?

Topicel

[martyn9] 05/5/2017 11:12

lalria,the 100k was a sale at a minute past 8.00am not delayed,showing on level 2.Just for your info.

[lalria] 05/5/2017 10:48

Someone the other day said that a large buy can be delayed by an hour. So I would have expecting to see that 100k sell at 8am to show up as a green line by now. Wonder what games are being played.

[lalria] 05/5/2017 10:31

Chav - as I said mate good luck to all investors as its inevitable people will sell. All part and parcel of investing making money

[chavitravi2] 05/5/2017 10:19

Lauria, no offence but it's not a question of talking it down, I for one am not doing that just using what I see as a bit of sense. If folk are going to sell they will sell and if the Co/mm's don't want it to go to me it makes sense to hold off and see where it goes. No sense in paying 8p if you can get more for your money a little later for 7.25/7.5p do you see.

When it's ready to go it will go. Probably after shipment and updates so I don't think it's needed to prop it up just now.

But each to their own way of thinking.

[lalria] 05/5/2017 09:44

Some people are really trying hard to talk this down now to get back in. No offence intended. I hope you get the price you guys need as your buying pressure is needed

[chavitravi2] 05/5/2017 09:36

Even Brent is down to $48.31 just now.

[chavitravi2] 05/5/2017 09:26

As said yesterday, hold off buying till next week and see where the price goes.

[calmtrader] 05/5/2017 09:07

oil going blue for the day

[basem1] 05/5/2017 08:55

WTI was $44.13 when I got up at 5 a.m It's bounced back to $45 now but we've not seen the bottom yet. Think there could be a few more sells here yet ?

[topicel] 05/5/2017 08:53

Presumably the same hammering it took before the November OPEC stance to cut production that the WTI crude (aka the Yanks petro-dollar mob) tried to derail then.

This seems so interlinked with Syrian and/or Iranian pipelines etc. that it is hard to know what will occur next but soon the frackers Stateside will be winding down production again and the temporary glut will disappear as the US driving season gets underway.

As long as the Saudis lead OPEC to remain cutting and Russia are still in step too. Another silent war without weapons there too of course, using gold as payment for their crude to resist the dollar hegemony.

The recent fall in the rubella is good for UEN wages locally btw. Roll on the cash flow!

Topicel

[martyn9] 05/5/2017 08:07

Oil price getting hammered $47.7 atm.

[calmtrader] 05/5/2017 07:15

LalriaStill two places up for grabs if you're interested

[lalria] 05/5/2017 07:04

We are on day closer to news and our oil shipment. Calm did you get enough people for the meeting on the 9th with the company

[basem1] 05/5/2017 06:09

Oil is 2 1/2 dollars lower than when we closed last night.

[calmtrader] 04/5/2017 18:40

basem i like your style.... i'm hoping another little gem i hold AYM LN comes good(a bit of movement today)and will take profits and put in here..

[basem1] 04/5/2017 18:12

4.29 spreads. 100k 7.31 - 7.7 Can't believe the 90k at 8.1, that guy needs to change his broker, even after that buy they were still only 7.7 to buy. Any further weakness tomorrow and I'll be buying my 150k from today back.

[wanna brew] 04/5/2017 18:01

Still maintain something more going on here than pi action.

The whole trading pattern since December with the gradual rise has been completely different from previous spikes where the mm's brought the share price down just as quick as they raised it. Something or someone is making this a far more controlled

[lalria] 04/5/2017 17:20

Big drop in the end but still not letting anything go cheap or below 8 at the moment. Let's see if tomorrow they allow any early doors on the cheap.

Basem - sold some shares in another company as feel this will do better short term.

[topicel] 04/5/2017 16:32

They really have been stitched up Martyn9 at even 8.1p!

Or that proves the MMs are still angling for shares. Why would anyone pay so much over the odds? How many was it mate?

Topicel

[topicel] 04/5/2017 16:30

Per chance they announce an altered ratio rather than 1-20? Can they do that at the AGM or is it to late after forms have been sent out etc.?

I certainly don't think a £1.60 price on 8p is unwieldy for us or the markets to play on from, the valuation remains the same after all. Especially if it is done with considerable good news, a new backer for instance, plus drill results and the revised P2 numbers...

Certainly this should be valued around £50m IMHO which gets us up to £3 post consolidation. Some here consider that a minimum in the peer group. Overall the pressure is clearly to bid this up, despite MM games from day-to-day.

Topicel

[martyn9] 04/5/2017 16:29

90k bought @81p !!!

[ripvanwinkle3] 04/5/2017 16:12

Aye, fair play, at least you make the effort to contribute, which is more than i do. Harmless drivel, i suppose

[chavitravi2] 04/5/2017 15:52

All a matter of opinion Rip.