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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Xcite Energy | XEL | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 1.575 | 00:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 1.575 | 1.575 |
| Top Posts |
|---|
Posted at 01/1/2017 06:39 by marauder07 Karlala facing substantial custodial sentence for its part in the multimillion dollar XEL investment fraud.It won't be sharing a cell with Love, either. Rupes, you there? |
Posted at 24/11/2016 19:03 by brad44 Ricardo, do you still have any shares in this? if so there is group on III that are trying to get together to formulise legal action against the bod. just thought i would let you all know in case this thread gave you the impression that no one was interested.hxxp://www.ipetition anybody who listened to, or took advice from the idiot carla, really has nothing to complain about. taking any financial advice from a bb is almost as bad as believing the written word of an XEL RNS. judge cole on his last deal, thats what the bendy necked cxxt said...when will his last deal be? I for one cant wait to find out what this deal will be....and how will the thousands of shareholders react to this "deal" ? wonder why fleet street hasnt picked up on this, makes Philip Green look like a saint... |
Posted at 17/10/2016 11:09 by cyan Xcite Energy.... From EWT tests to Phase1B - XELcarla1 - 25 May 2016 - 09:12:40 - 59924 of 60598 Good Morning fellow INVESTORS... It was Rude not to take 180K :-) Take Advantage carla126 May '16 - 12:17 - 59929 of 60635 1 0 Hmmmmmmm The 180k at 11p :-) ++++++++++++++++++++ What a genius; paid £19,800 for XEL shares that, if he sold today , would return £2794 Only lost £17,006!!!!!! ++++++++++++++++++++ Pity you did not consider the post on 25 th may by this poster; cyan 25 May '16 - 14:51 - 59927 of 60635 1 1 The question is will XEL be the next AFR?........... .................... |
Posted at 17/10/2016 10:38 by cyan I had worked that out, you dim wit.He was taking the juice, highlighting your history of posting tall stories. I am not convinced you are that successful with shares; On 12th September the XEL share price was 2.5p. If you bought all your shares that day I reckon you paid £75000 If you sold today for 1.5523p (which somebody was lucky to get) you would receive (not counting dealing costs) £46,569 So, in little over a month you would have LOST £28,431 But is it likely you bought all your shares on 12th September especially when you look at your posting history? The lowest price XEL ever was prior to 12th September was 4.92p on 3rd August. I think you may be sitting on losses of over £100,000 here. But, I doubt very much that you've been telling the whole truth. The bad news for you is that, imo, your XEL shares will at least half in value again and maybe become completely worthless ,in the worst case scenario. |
Posted at 16/10/2016 14:29 by cyan I think carla1 is an unreliable price predictor . Was saying XEL was a 50 bagger when the share price was 2p lol;Another example of fantasy numbers; carla1 30 Sep '16 - 16:58 - 60479 of 60598 0 0 There is a GAP to close at 8-9p !! Then who wants 250m B/oil for £200m... Cheaper than a wildcat Drill... Loads will want to book those reserves !!! Bids are IMMINENT !!! 20-30p share !! ==================== At 5p his possible ten bagger equates to XEL being worth over £1 Billion. ummmmm |
Posted at 16/10/2016 12:50 by cyan "They are being paid."Not sure what that infers. Any way; on this line i will comment; "It has always been logical, for STL to develop Bressey and Bently together," I re-post my LSE comments below. Bressay is going nowhere; Been researching more of XEL's history. I know plenty have issues with Share Prophets but there were articles which were spot on regarding the risks management took. These warnings go back 30 months. The comments regarding Statoil and their putting heavy oil BRESSAY project on ice & cancelling a rig order are not encouraging . I doubt Statoil are going to be falling over themselves to 'buy' XEL for anything other than peanuts. published 31.03.14 extract; "Statoil, like any sensible oil company will only have so much appetite for any particular venture before its strategic risk committee forces them to diversify capital allocation elsewhere. The mothballing of the Bressay project appears to quantify Statoil’s appetite for heavy oil rather succinctly. From here it is clear that exterior developments during the past 6 months have seen Xcite’s fortunes take a dramatic turn for the worse, and Xcite now seems destined to find itself at the mercy of the vultures. If Xcite fails to integrate into the basin quickly, it appears it and its shareholders could eventually lose everything. " published 16.06.14 extract; "However, what remains clear is that CEO Rupert Cole and his fellow directors have exhausted the market’s goodwill towards them. They now either must deliver or this stock faces Armageddon." hxxp://www.offshoree published 28.07.16 |
Posted at 16/10/2016 11:52 by cyan Good afternoon 11_percent.Yes, am on LSE as cyan2. I would have liked just 'cyan' again but that was taken. Harsh? Not in my opinion. This share has a lot further to fall and ZERO is not off the table yet if 'no' wins. We know the company itself values the assets at somewhere below £120 million from their RNS. Post dilution , imo, this share will trade at sub 0.5p. XEL has to fall into the arms of Statoil.. What is the alternative? Keep paying the failed managements inflated wages and hope something turns up? Waiting for something to turn up has not worked very well so far. XEL is now a money pit simply burning cash. BH's have provided 'up to' $10 million to keep the lights on. After that XEL is no longer a going concern imo |
Posted at 16/10/2016 11:21 by cyan Now the GKP 22,943 million shares are in play we see that the market presently values them at£271 million. I think the share price has a bit more downside there. Late Friday some optimistic souls were paying prices for XEL shares that suggests a post dilution market valuation of £320 million. What planet are they on? Get real. XEL is not producing .No-one wants the asset. Gigantic capex required. GKP IS producing tens of thousands of barrels of better quality oil from a huge field with very much cheaper drill costs. What research have these recent XEL share buyers undertaken..? I seriously doubt some are even aware of the impending dilution. |
Posted at 13/10/2016 10:59 by cyan Proves how utterly clueless you are carla1.So the market will value XEL , based on Carla1's numbers at way over £2 Billion sterling or $2.5 Billion USD. What a complete idiot you are. A field that no-one will finance, no-one WANTS, whose capex alone is over $3.5 Billion (XEL's) own numbers) you are ridiculous. Anyone believing your drivel needs help. |
Posted at 11/10/2016 09:44 by gunsofmarscapone Not much point in me harping on as I only traded XEL between mid Nov 2010 and Feb 2011.The point I am trying to offer is that this is a hugely complex and risky business with the ever present (as we all observed) geopolitical risk of Brent/Wti pricing. The tote tank debacle was pumped up by XEL in many presentations and improperly understood by the PI's including myself although not influencing my opinion that there was hyping and emotion going on which has a utility function in my approach to trading. After the flow test and in the 21/12/2010 rns summary by your beloved CEO at the time the following statement was burped at the market. Richard Smith, Chief Executive Officer of Xcite Energy, commented: "This is an outstanding outcome for the Xcite team and for the industry contractors to deliver this successful well test on Bentley. This flow test fully demonstrates the commercial potential of the Bentley field and the long-held belief that Xcite has maintained in this major North Sea asset. We now move on to the first stage production planned for 2011 with an excellent platform." You couldnt make it up! But yet they actually did. My overview is that each has there own approach to puntvestment, mine is "Watch and wait, Smash and grab, Cut and Run", concurrent to incremental drip buying of equities where I think I have a grasp of the fundamentals and where, preferably, better minds or companies have conducted a professional standard of due diligence. Many PI's have achieved a good standard of knowledge re O and G but have been hurt by the recent P.o.o hit and are unable to commit to new investment even given huge leverage by sub $50 oil price. Understandable really but if |
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