Urals Energy Share Discussion Threads

[chavitravi2] 26/6/2017 10:35

That 15.15 mil looks silly when you concider 11 mil is going in the bag soon and much the same again in October plus all the domestic sales and the infrastructure never mind all the on going stuff.

[topicel] 23/6/2017 15:54

Just get Allenby to justify it Calm, lol.

Topicel

[calmtrader] 23/6/2017 11:20

fyi ADVFN have Urals market Cap @ £299m!!! just called them and asked them to correct

[topicel] 23/6/2017 11:17

Waiting on Allenby? The reports can be held I presume for a little while as management consider them and so do Allenby.

Either way, we are all expecting some good spin that is fully justified based on everything we've been led to believe. But it isn't LTHs and loyal PIs that need convincing or telling, it is the wider, larger investing public like investment and pension funds,,especially where the dividend is concerned.

On which topic I presume it isn't ratified until late July anyway, is it?

Topicel

[canny lass] 23/6/2017 10:31

Another week in June remains and still no news from either of the two new drill activities. Also, the updated reserves report I thought would have been released before now. I presume the Allenby broker note will follow once news regarding these awaited developments is released.

[downsize] 22/6/2017 18:02

I can't understand why anyone would be selling when all the news to come is positive after years of doldrums.Perhaps T trades? Who knows.

[chavitravi2] 22/6/2017 17:25

That 2.5k sell not showing on the chart now and no action down! We got a 3p drop the other day on 400 sell. Still who are we to question the integrity of AIM?

[topicel] 22/6/2017 11:21

Biased I may be Martyn, but I reckon this is a 'tree-shake' moment in oil and as the US driving season gets fully underway the inventories and stockpiles will fall and the production cuts/freezes will bite enough to see the price return to above $50.

Anything else macro, and I sense there is another black swan event waiting in the wings to boost both safe havens like precious metals and fuel commodities like oil, would see sixty and above IMHO.

If you are anywhere near right with $26 then indeed we can shut up shop here for the foreseeable...

Topicel

[martyn9] 22/6/2017 10:26

Coupled with allenby ever getting their act together? we need the oil price to turn upwards now less than 45$, gawd forbid it gets back to 26$ as a year ago or less.

[chavitravi2] 22/6/2017 09:47

Topicel, I really don't think there will be a need to borrow again given this money coming in and regular income from "local" sales and another shipment in October.

The only reason we will need a loan again is if they decide to make a big push with development IMO.

[basem1] 22/6/2017 09:37

Guys o/t. But I've sold 90% of my holdings this morning and just kept XLM. The current market bsckdrop just looks to fearful to me. I'll be back in August which is one hell of a great month to make money history shows us and I made 16% last August.

[topicel] 22/6/2017 08:34

Thanks Steve and Calm. Never stop learning.

I too am unaware of previous hedging, which entails a cost too of course, but nevertheless as a cash-flow positive event, which also clears the minimal debt being used for working capital (I hope that ceases once and for all this year), we should be viewed better now.

As long as it is more widely known about! Allenby....?

Topicel

[steve73] 22/6/2017 04:16

topical... yes - the share price will PROBABLY drop by the amount of the div.... But they definitely HAVE TO payout the div.

And to monitise the share price drop, they will have to close their short - which could provide some support... (Of course the share price MAY drop by more than the Div in which case they stand to benefit, if and when they close their short.)

And if they don't have the funds on hand to pay the div they'll need to borrow the cash while they wait for the share price to hopefully drop.

At least this is my understanding of the way it works. I read long ago that payment of a divi is one of the best ways a company can reduce the likelihood of a shorting attack...sorry can't remember where!!!

re. the shipment...The sales price is usually determined by the OP within a few days of loading. Pity that the Oil price is so low at present as this will result in a low sales price, unless they have hedged production as it occurred (which most larger cos. would do.), although I don't recall reading anywhere that they do any hedging.

[laurence14] 21/6/2017 20:31

Coming together:Positive 2016 final results . TICK1ST shipment from Articneft: TICK Next please.

[calmtrader] 21/6/2017 20:29

Topciel. Short holders definitely have to pay the div to the lender but of course share price will go down when they go XD...

[topicel] 21/6/2017 20:13

Still don't get it Steve73. Why would shorters have to pay the dividend as they aren't owning the shares to gain, and as you say are most likely to be loaning them on margin.

They would be happy at dividend payment time as most stocks fall in value when they go ex-div! I'm sure I'm missing something or being misled?

Anyone else heard of this phenomenon?

Chav - that means we have potentially 'lost' well over a million dollars in revenue, exchange rate fluctuations notwithstanding, in just a couple of weeks. We are now in bear market for oil after a 20% drop so unless we have a problem somewhere to address the current direction the likelihood is $40 a barrel by the time we dock...

Get Qatar to bomb a Kuwaiti well or three, won't you, that should turn the price trend around. Lol.

Topicel

[chavitravi2] 21/6/2017 18:01

At current price on quick calculation I make it about 11 million bucks coming our way.
What a surprise they have put share price back up on nowt. 10p spread tho.

[martyn9] 21/6/2017 16:24

Tanker 0n its way,lets hope oil price goes up whilst on route.

[steve73] 21/6/2017 16:02

topical.. shorters would be required to "pay" the divi.. OK, so it's not going to be big on a per share basis, but since most shorts are on margin, it could encourage a few of them to reconsider.... perhaps..?

Mind you there is no stock-on-loan currently shown for Urals on Euroclear...

[chavitravi2] 21/6/2017 15:31

Just been thinking, wouldn't it have been a hoot if the Queen had made her speech with a pair of binoculars round her neck! l.o.l

[wanna brew] 21/6/2017 10:51

Topical

Still hold the view that such volumes seen between Dec and Apr was not pi driven, sure they have ridden the coat tails on the way up. It may of course just been MM driven to close shorts before consolidation. All is just conjuncture until anything else is revealed. I think we must remember that Adler is just an investment vehicle for Schvets, what else ( if anything ) is in his basket within Adler is not known. Obviously the divi goes someway to appeasing the loss Schvets is currently suffering. Under any normal circumstances you could imagine after such a period of years of suffering this undervalued sp, the management to include Schvets might have decided to take this private. However, they remain committed to being listed. There must be a good underlying reason for this.

We need buyers or some corporate action to lift this.

Yes, hot isn't it, even the pool is now 30 !!