Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc. Watch the full video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
New tax year tomorrow how many investors will see this as there 2021 - 2022 long hold.
My prediction is this will be a buy for many and hold for the tax year
Hydraides its only a bad deal if you bought shares above todays prices
Rock
Yes but 14b shares subject to lock ins and not tradable for at least next 6 months.
ok thanks
Stevo, these funds have agreed to swop equity for debt, but ultimately they are here to make profit, if the dividend of the new company pays the same as the Interest on the debt then they will hold over a longer period. The Bond markets have taken a big hit of late
thats seems like a ridicolous and huge dilution
Also the new group will have an estimated 200k production?
PMO was nearing before the deal 85k- 100k bopd ? Why do share holders only get 5% and not 50% , thats a horrible horrible deal.........is it 5% because all of PMO debt is wiped out? Still a bad bad deal
Good scale down buy from here for me. OPEC have the oil market’s back and the 60-70 buck range seem the equilibrium for the rest of the year as demand increase matched by reduction in production cuts until the market is ready to come off life support next year. Good size producer now without the debt millstone. Can’t guarantee how the funds recoup their cash but not in their interest to crash the price either.
Medium term 20-30% return and look to double once the distillate margin part of the barrel returns to some normality / although need a few more planes in the sky. Next years hedging will also be at greater numbers as well. Dollar looks on the charge a bit of a headwind. Looking forward to renewing my relationship tomorrow in the low 20s
18.5Billion shares tomorrow ... am i reading this right or wrong....
Don't depend on people to tell you what to do, look at the facts and charts and take a gamblenif you like, my average is now about 21, I do think we will see 18 again and if we do I'll just buy more.. Any spare cash I have I'm putting it in anything below these levels
Ups
Depends what your time horizon is. Today’s price will look like a great entry point in 6 months time. However I think their will be lower entry points over next couple of weeks. You need to do your own research
Kraken
Shorts will likely all close over next couple of weeks as they are not real shorts. The increasing over last 2 weeks to 17.5% of PMO total shares in issue has been very material to PMO volumes and share price leading up to merger, but I agree irrelevant to Harbour post merger.
The big issue is the 3 billion creditor shares. You seem to believe the distressed debt funds will convert to long term equity holders. You might as well try putting a crocodile on a vegan diet. These guys will brutally exploit every rise in the share price over the next couple of months until they are fully exited. My call is that we will see swings in share price of 25-30% (not in one day) until stabilised in June/July.
Need to understand that of the free float on 1 April of 4 billion shares, over 3 billion are held by distressed debt funds who will want out.
ig you dont mine the long hold then 1k buy is fine
https://www.youtube.com/watch?v=MXuHZ4WtMvs live trading here
currently 5k down pmo
nobody talking?
is it worth a 1k punt now?
Stevo - the volatility won’t happen with a company worth £6b
That pay a dividend
Just doesn’t happen.
The shorts will only hold a converted stock of around 2.5% of the company, that’s not enough to move the market
I am not saying the share price will fall to 20-22p today but over the next 2-3 weeks as creditor shares are unloaded into the market.
hi all new to lse. is pmo worth a 1k punt now?
You called 18p 5 min ago, now it’s 24p your calling wtf
Kraken.
Absolutely. I have been pointing out for last few weeks that distressed debt holders are pre selling their shares via increased shorting which is depressing share price. The number of shorts continues to rise because they are not real shorts as I have pointed out to you many, many times. The only thing I have got wrong is that I understood that the shares would be suspended for 2 days. this was based on confirmation from PMO investor relations 2 weeks ago.
If you are unable to see the volatility that is coming and the opportunity that it presents, then fair enough.
bounce up to low 24s but no higher! then back down imo.
granted its bounced a wee bit. not gone under 23p yet! but look where the oil price is. still think $60 WTI will get tested again. and then if that breaks next stop is $58. just be careful folks! and its not end of tax year yet. lots of new shares trade tomorrow!
Stevo do you actually know what’s going on ? Lol
DBNO - your predictions have been appalling, I can’t remember you getting anything correct.
Well deramp as much as you can today as it’s your last chance.
On the PMO board.
I suggest you buy in quick
Hi all new to LSE. is PMO worth a 1k punt now?
FI - I think you could have waited a little and gone long at 20-22p. I believe you will have the opportunity to rinse and repeat over next couple of months. I have set a trading range of long at 20p and close at 28p and short at 30p and close at 22p. Let’s see how this plays out over April and May. I will likely adjust ranges once trading patterns emerge post 1 April.
This is a great opportunity fir PI to take back some money from the big boys. They don’t present themselves very often.