Urals Energy Share Discussion Threads

[chavitravi2] 18/1/2018 13:59

Went up on a 386 buy. Spread is terrible 80-90p.
Someone got mugged with that 9k sell. Only got about 81.5p.

[aimmafia] 18/1/2018 13:52

Going up on fresh air

[chavitravi2] 18/1/2018 13:43

Yes, amazed at the weird and wonderful ways of the mm's.

[gregpeck7] 18/1/2018 13:36

Off again?!

[chavitravi2] 18/1/2018 11:20

A nice finish tomorrow for the week would be welcome. Topside 90p would be nice with a good start Monday.

[chavitravi2] 18/1/2018 11:16

I think those two early buys were sells. 84.6p was the price and later buy was 87 odd.
Things cooling a bit now waiting for the rns I reckon.

[ileeman] 18/1/2018 10:38

Update due anyday, with oil where it is I can see this flying past 100p.

We will see.

[gregpeck7] 18/1/2018 09:43

What? You read the last rns on shipment? One more of these and it's overflowing with cash.After repayment from the proceeds of the tanker payment of the Petraco pre-export short term loan finance arrangement, announced on 7 September 2017, we anticipate that the Company's net debt will be reduced from US$12.3 million as at the end of June 2017 to US$3.8 million.

[gaffer73] 18/1/2018 09:29

Problem with UEN is that they can't turn a profit, that's why they are valued so low.

[gregpeck7] 18/1/2018 08:05

Can't buy more than 1000 lol. Mm's must be so short here.

[gregpeck7] 18/1/2018 07:58

L2 strong. Looks like just one mm on 88p the rest higher. Quick move up from the start?

[chavitravi2] 17/1/2018 17:47

LSE gone a bit funny. They have this at 75-81p. 78p mid.

I think there is 13m share in total which puts MC at a bit over £11m calculated at 85p a share. Three X that at present would seem about right to me.

[1 pound here we come] 17/1/2018 17:11

Seems rather cheap.

[gregpeck7] 17/1/2018 16:59

At the current price google have the market cap at 7.42 million...

[gregpeck7] 17/1/2018 16:30

Cant even buy 2000 shares online lol..

The large spread aint working...

[1 pound here we come] 17/1/2018 16:09

Can only be a matter of days before we slice through 100p on such massive volume.

[gregpeck7] 17/1/2018 14:16

Presumably some are trying to crease the rise which makes sense but could be very costly if these buys keep landing

[gregpeck7] 17/1/2018 13:42

Ps I also think the super large spread has been done to try and stop and or limit the buying.

[gregpeck7] 17/1/2018 13:42

I think they are do. Volume has been very heavy and I think it has caught them off guard to a point. Can't help thinking 100p is coming sooner rather than later.

[djmoggy] 17/1/2018 13:29

MM must be desperate for stock.

As well as a huge spread they have increased the online sell limit to 20,000 shares or 400,000 pre-consolidation - I can never remember seeing such a high online limit for UEN.

[7russell] 17/1/2018 13:24

You can actually sell for 85p - what's with the 10p spread??

[darren81] 17/1/2018 13:21

The company released information a few weeks ago that would confirm a very valid reason for a rise (even one much larger than this), namely that they had spudded a well at South Dagi and more importantly a fairly substantial rise in proven reserves.

It went from RUSSIAN standard of 17.7 million barrels of C1 plus C2 with 9.0 million barrels C3

to

INTERNATIONAL standard of 23.5 million barrels of 2P reserves
!!!

[martyn9] 17/1/2018 13:01

It would be good to see these at post consolidation price of £1.60 with good rns.

[gregpeck7] 17/1/2018 12:39

Looking at 3y Chart, volume now much heavier than when we had the 160p run.... Coiled spring?

[gregpeck7] 17/1/2018 12:39

7Russell 100% agree... I think it would be 120 - 150 before any comment and based on what we know now I suspect the commentary would be very different.