Urals Energy Share Discussion Threads

[gregpeck7] 18/10/2018 14:09

It's up 10 percent mate on 35,000 shares?! Hardly being held back?!

[martyn9] 18/10/2018 13:50

All decent buys and still been held back,unless sell orders in place? can never work it out with time allowance delay's.

[lalria] 18/10/2018 13:38

I'm in India at the moment. I haven't called anyone at the moment back next week - Hopefully we will know more by then.

[nick rubens] 18/10/2018 13:24

cheers amargosa "Nick, the 'protect creditors' statement is normally a threat to call in the administrators"

It's certainly worked to tank the share price at least. Hopefully they won't follow it up, but when in a spat like this, could happen I suppose, to punish the main shareholder perhaps?

[amargosa] 18/10/2018 11:12

Lalria, thanks for the reply. Has anyone from the Company/Allenby actually explained what they mean by 'protect creditors' by the end of the month? Or at least promised to explain directly to us by the end of this week? The Market thinks it knows what that means.

[chavitravi2] 18/10/2018 09:56

I don't see why it shouldn't "be going good" Lalria.
I think the board are miffed Kornonov forced their hand probably by Adler in taking more of the port and investing in it. They do have an airport there but an up to date sea port would take a lot of extra import and export not to mention people.
If you do a bit of research it's surprising how much business there is there.

[lalria] 18/10/2018 09:11

Should have some sort of update this week with progress of talks. Hoping its going good

[amargosa] 18/10/2018 08:26

What happened to the demands for an immediate shareholder meeting with the Board members in London (where they live)? This needs to take place now, before they carry out our their threat. Surely there has been some communication from them?

[gaffer73] 18/10/2018 07:59

They must have something planned or why buy a share of the port, which needs money spent on it, when we have none? I think Sberbank will front the money.

[gaffer73] 17/10/2018 20:43

It will be increasing to see what becomes of the "potentially significant discovery"

[chavitravi2] 17/10/2018 14:51

Nick, I think all we can do right now is sit back and chill a bit and wait for a more clear and concise rns from them on the matter. It shouldnt be long in coming I dont think.
I think (hope) $1m of that money is our share of updating the port.
We should be ok with the port if the bent Governor is on our side which he probably is.

[nick rubens] 17/10/2018 14:36

What could the BOD do to 'protect creditors'?

I'm still baffled by what they are talking about here, if the money doesn't get repaid very soon (which it won't IMO) and presuming they don't raise some funds elsewhere?

What about the anti monopoly authorities in Russia, will they be sticking their noses in now also? Any excuse from them for a few roubles.

[martyn9] 17/10/2018 11:49

Correct amargosa, and a badly run company will not attract any new investment.Total shambles well done bod.

[amargosa] 17/10/2018 10:50

That too! However the Board handed control to Kononov either deliberately or incompetently; either way they messed up big time especially when the person to whom they handed operational and financial control was also the 45% shareholder.

In any other company there would have been heads rolling all over the place.

[chavitravi2] 17/10/2018 10:21

What an answer Darren, spot on.

[darren81] 17/10/2018 09:48

If the BODs wanted more control then they should have bought some shares in the company

[amargosa] 17/10/2018 09:06

No denying that! What a mess.

Was this really about tax or total control:

hxxp://www.uralsenergy.com/content/news/archive/2017/240417.asp

It's not as if the Board were unaware.

[martyn9] 16/10/2018 12:34

It's been a complete calamity since this lot went post consolidation,back to square one.

[chavitravi2] 16/10/2018 10:00

SOLG done a stormer this a.m, it's doubled since beginning of September now.
Hope some of you guys took my hint back then.

[neftanik] 16/10/2018 08:32

So 49p is the new 85p

[chavitravi2] 15/10/2018 22:50

Yes, we need 200% to be back prior to the criminal see no reason rns.
Gaffer73, yep, that is why he sold to LDC to get round Fed law. Has to be imo.

[topicel] 15/10/2018 21:10

No problems Chav? This business means we require a 100% rise in share price to be back at the level in early August...

Now who gains out of all this? I'm minded to refer back to the 'see no reason' RNS at the start of 2017 and how that was advantageous to nobody here.

Nevertheless, as Neft has done, at 48p this must be a good price for PIs too, even if the outcome could be a take over and nice dividends will not be the benefit I envisaged just a fortnight ago!

Topicel

[defender3] 15/10/2018 20:51

chav forgive me its only there now I read your post earlier today I think you
and I both think the same way and look for the information that is written
and try and work out what is really being said its my biggest share at 20.000 shares
and I would like to see it do well

[gaffer73] 15/10/2018 20:50

That's why Kononov sold to Lipetsk imo.