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Parkmead Share Chat (PMG)



Share Price: 219.25Bid: 220.00Ask: 223.00Change: -5.75 (-2.56%)Faller - Parkmead
Spread: 3.00Spread as %: 1.36%Open: 220.50High: 224.00Low: 219.25Yesterday’s Close: 225.00



Share Discussion for Parkmead (PMG)


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Monkeynut
Posts: 450
Off Topic
Opinion:No Opinion
Price:216.00
View Thread (2)
RE: Welcome back
12 May '14
Couldnt be more true. the BB has been flooded with childish posting of late. All arguing, ramping as usual. Nothing of use.
 
rsa747
Posts: 16
Off Topic
Opinion:No Opinion
Price:220.00
View Thread (2)
Welcome back
11 May '14
Danawinner, welcome back,
You and Mary are the two most sensible contributors on this chat blog
Thank goodness for you two
There is too much hot air and piffle by some of the other contributors
danawinner
Posts: 103
Observation
Opinion:Strong Buy
Price:220.00
PHAROS LACK OF INFO
11 May '14
Hi Chaps and Mary, of course, Thanks for your devotion to posting on PMG, I haven't had the time to look at this much recently, but I have to congratulate Mary Mullins on her ongoing perceptive remarks, no comment on the pointless squabbling. This company has phenomenal chat compared with FTSE 100 Companies where there are sometimes only two or three posts per annum!
Here's a thought for you. Has it occurred to anyone that the reason for withholding the Pharos info is that the field is excellent and the suphur is not an issue, however the field may be far larger than anticipated and that TC, Dana and crew wated to consolidate holdings in the vicinity with the latest licencing round? Why on earth would they let someone else get hold of blocks in this area which is so close to the infrastructure and the coast?

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/307740/UKCS_Offshore_Infrastructure.pdf

I have every confidence in the Parkmead Team, and they are quite right to keep our powder dry, as it is only the long-term game that matters. Boosting the short-term income stream to more than cover fixed/vaiable costs gives the Company stability and a strength that few can rival. KEEP THE FAITH AND BE PATIENT.
buzzlightyear4
Posts: 5,284
Off Topic
Opinion:No Opinion
Price:220.00
I'm scared of Jaycee
10 May '14
I got banned from here for 24hours.....best thing ever,made me realise how crap this all is.......spending hours a day reading S...T and posting S...T!

So many better things to do mate,so gonna sit back now,concentrate on work and just look out for RNSs...

and that buy is more your style mate lol......I've got no money left to buy that many shares.....

If the AIM continues like this for much longer I'll be cashing in and just keep these,VOG and FJET,the rest can go when finally in profit,it's all a waste of time and money....

Good luck anyway....
Ivelostthelot
Posts: 3,897
Off Topic
Opinion:No Opinion
Price:220.00
Buz
10 May '14
How come you didn't inform us you were topping up this time ? 2 shares at 17.00 £4.98.
Ivelostthelot
Posts: 3,897
Off Topic
Opinion:No Opinion
Price:218.50
Nav
9 May '14
They have our nav at £2.86 so well undervalued
Ivelostthelot
Posts: 3,897
Off Topic
Opinion:No Opinion
Price:218.50
View Thread (2)
Stephen
9 May '14
Thanks for that. I especially like this parkmead bought Athena for $2.7 million but it's worth $42 million deal too good to be true.

Closing the EWE deal: We feel that the market does not fully appreciate the extent of the value created by Parkmead’s acquisition of 20% of the Athena field from EWE or the capital efficiency with which Parkmead completed this deal. Due to opportunistic timing, efficient tax structuring and the exclusive nature of the sales process Parkmead was able to acquire producing assets worth $42.6 million at the time of closing (10 April 2014) for $2.7 million in cash and 0.3 million Parkmead shares. We believe that the consideration paid to EWE by PMG was close to the balance of receivables and unsold inventory in respect of the acquired assets at the time of closing. We thought the equity market might have been worried about the deal being too good to be true and potentially at risk of being scuppered by a rival bid. However, it is worth pointing out that Tom Cross has never failed to complete an oil and gas deal in his 20-year history of running publicly-listed oil and gas companies.
MaryMullins
Posts: 83
Off Topic
Opinion:No Opinion
Price:220.00
View Thread (2)
RE: Mary Mullins
8 May '14
Phew! Glad you clarified that. Still no news on Pharos. 28th. Licencing round finished a couple of weeks ago so that's another possibility why the data has not been released by Dana crossed off. Only points in one direction or is it me being overly optimistic.
Good Luck.
Roadster66
Posts: 43
Off Topic
Opinion:No Opinion
Price:221.75
View Thread (2)
Mary Mullins
8 May '14
....sorry "one's" not "your" early demise .



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