Zenith Energy Share Discussion Threads

[brasso3] 30/1/2018 15:17

The majority of CEOs on AIM are crooks!

This will not effect the CoS on Z21 and Z28.

[tadtech] 30/1/2018 12:28

Latest presentation inc Q&A online now

[pugugly] 30/1/2018 08:25

Very many years ago I went for a marketing job at Courtaulds - When they asked how much I wanted and I replied £2,000 p/a they threw up their hands in horrar and said "We do not even pay our factory managers that" - How inflation has changed the value of money !!!

[sea7] 30/1/2018 08:22

I remember reading about the way the textile industry in this country collapsed, virtually overnight, at least it seemed that way, when they were squeezed by retailers and competition from cheap imports killed it off.

[sleveen] 30/1/2018 08:16

Indeed 20 years ago the British textile industry was virtually dead and buried.

Think Courtaulds as a major textile company:

While the name Courtaulds disappeared in the chemical merger with Akzo Nobel, the Courtaulds textile name remains as a division in Sara Lee. However, to survive it again had to slash jobs and axed many of its factories as it grappled with the high costs of manufacturing in the UK and M&S, under Stuart Rose, continuing to squeeze its suppliers

[coscos] 30/1/2018 07:58

Pug - You parachute after the plane has taken off, not before.

[ravin146] 30/1/2018 07:53

Fair enough...if you wait after good news most of the rise you will miss.On the back of good news this should multi bag...then dilution and mean average.All the best. Buy the rumour sell the fact!

[coscos] 30/1/2018 07:52

Some of the largest company stock rises over the years have often been headed by men of dubious and questionable integrity. Enjoy the ride.

[pugugly] 30/1/2018 07:52

sea7- Excellent find - Suggests any still holding might be better off if they cut losses and exited PDQ.

[2prsimo] 30/1/2018 07:49

ravin - nope - I was considering going long and taking a few but after doing a bit more research and looking at sea7's links and posts, I think I'm going to pass until the ceo actually delivers some results first. After that, maybe I'll re-consider. GLA

[ravin146] 30/1/2018 07:46

Albo and 2prismo...are you both short position here?

[2prsimo] 30/1/2018 07:41

Blimey, thanks for the info sea - very revealing - and very worrying for shareholders!

[sea7] 30/1/2018 07:35

Yeh, I had noticed that similarity, when he talked of pump delays and supplier problems.

[albo] 29/1/2018 23:42

So his modus operandi has not changed. Nothing is his fault, other people or circumstances caues the problems.....

No class!!!

[sea7] 29/1/2018 22:32

tks cash/ravin/albo.

this was the story run by the bbc when he was at pex and called king of socks .Friday, October 29, 1999




Extracts..

But unions are picketing the English factories after pay cheques bounced

and

Pex's chairman, Count Andrea Cattaneo della Volta - once dubbed the King of Socks by an Italian newspaper - confirmed the three Leicester factories were to close and wages had not been paid.

He said the move to Romania would cut costs, provide a more flexible workforce and improve on what he called a "poor performance".

"We have had a lot of faulty goods," he said.

[ravin146] 29/1/2018 20:37

Whichever coward is disliking posts and not commenting talk up...you sitting behind your phone losing money ain't gna better if your here to view only lol

[cashandcard] 29/1/2018 15:07

Tadtech,


"He regularly suggests that many other oil companies have billions of shares in issue (not true) and that Zenith have a low share count and do not dilute, I reminded him that he had diluted twice since September raising £1m which is a near 10% equity dilution"


Even if it were true, I think he fails to realise the only thing that matters in the post 2014 oil price crash environment is actual results, few of which he has delivered. If you keep diluting, then fail to deliver, you lose all credibility, no matter how much oil is in the ground.

They had a couple of small successes when Mike joined with 2/3 wells increasing production and/or brought back into production. However, they need to prove a significant milestone with atleast one of the Zardab wells flowing in the hundreds. The next update will be crucial.


Cash

[cashandcard] 29/1/2018 14:49

sea7,


Thanks for those posts.

Oh dear!


Cash