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Parkmead Share Chat (PMG)



Share Price: 37.90Bid: 37.50Ask: 38.30Change: 0.00 (0.00%)No Movement on Parkmead
Spread: 0.80Spread as %: 2.13%Open: 37.60High: 38.05Low: 37.10Yesterday’s Close: 37.90


Share Discussion for Parkmead


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Isengard7
Posts: 3,054
Off Topic
Opinion:No Opinion
Price:37.90
RE: FT today
Today 20:19
licencing awards? why? so they can spend millions on it and then quietly relinquish them and hope nobody notices it?
 
Sonofthebull
Posts: 801
Off Topic
Opinion:No Opinion
Price:37.90
RE: FT today
Today 14:41
Tom did say that Parkmead had applied for another licence in the central North Sea !
MaryMullins
Posts: 438
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:37.90
RE: FT today
Today 12:50
Might be sooner than you think. There will be more clarity after the 30 th. round licencing awards in Q2. This aside Interims end of March will show y.o.y. progress and Finals will be a surprise to some end of November.
GLA.
easyp
Posts: 416
Observation
Opinion:No Opinion
Price:37.90
FT today
Fri 22:52
Small-cap focus: Oil and gas groups see signs of recovery - https://www.ft.com/content/0277835e-fc46-11e7-a492-2c9be7f3120a via @FT

One day PMG will be the story but not just yet.
easyp
Posts: 416
Off Topic
Opinion:No Opinion
Price:37.90
RE: In 10 years
Fri 17:37
Agreed and Tesla 3 production rates in the toilet but the business is worth more than Ford!
coffeecups
Posts: 2,331
Off Topic
Opinion:No Opinion
Price:37.75
RE: In 10 years
Fri 12:35
Im in another aim share bmn.. vanadium for batteries and steel, loads of info published there re batteries.

EV's need vast amounts of copper for charging points and to build the cars - there isn't enough copper.
Councils need to "create" parking spaces amongst pre car designed housing - means knocking down housing to create car park charging points, how does this work for blocks of flats ?

Petrol stations need to be changed into charging points that can deliver full charge in 6 minutes - batteries cant currently do this.

Lithium ion batteries - the Tesla business model stop holding the full charge after a few tears and require replacing.

S/hand Diesel cars are cheap at the moment, if you live outside London and don't travel there good time to buy one!
easyp
Posts: 416
Off Topic
Opinion:No Opinion
Price:38.25
RE: In 10 years
Thu 20:43
On the money. Electric vehicles will only take off when the infrastructure is in place. At present the UK Power Grid would collapse if two million car drivers started re charging at the same time 5 days a week
RoGoO
Posts: 1
Off Topic
Opinion:No Opinion
Price:39.25
RE: In 10 years
Wed 21:50
No authority is considering the implications. If more than one family car was being rapid charged at the same time the standard house distribution systems your house would fail. A Teslas takes about 41.5 Kw or 160 amps from a single phase supply.
A 20 ton lorry apparently requires 1450Kw rapid charger. Where do you find that in an over night lay-by?
Sonofthebull
Posts: 801
Off Topic
Opinion:No Opinion
Price:39.25
RE: last year sell BP buy PMG
Wed 18:27
You have to laugh at the Motley !....,,.Next week there mind will change. What are they about ?
specul8
Posts: 671
Off Topic
Opinion:No Opinion
Price:39.45
last year sell BP buy PMG
Wed 15:04
UK and Netherlands-focused oil and gas company The Parkmead Group (LSE: PMG) has released an upbeat set of full-year results. How upbeat? For example, its Netherlands gas production has risen more than sixfold. Alongside a bright long-term future, does this make it a better buy than oil and gas peer BP (LSE: BP)?

Parkmead£s progress in the last financial year has been impressive. It has been able to make considerable improvements to its long-term outlook despite a challenging oil price environment. It discovered and brought on-stream a new gas field at Diever West within a time period of just 14 months. This has helped the company£s gas production to continuously beat expectations, with Parkmead£s production averaging around 34m cubic feet per day during June.

Parkmead£s low-cost, onshore work programme has acted as a natural hedge to low global oil prices. It has allowed production from four separate gas fields in the Netherlands to have an average operating cost of $14 per barrel of oil equivalent. This has helped to boost Parkmead£s cash flow and has ensured that the company is cash flow positive on an operating basis.

And Parkmead£s reserves and resources have increased significantly through two licence acquisitions. They help it to remain well-placed to take advantage of the ongoing lower oil price environment, with its significant cash resources, lack of debt and low-cost profile probably helping it to outperform a number of sector peers in the future.

High risk
Of course, Parkmead is set to remain lossmaking in the current financial year. As well as its relatively small size, this shows that it remains a relatively high risk option within what£s an uncertain sector. Oil and gas prices could remain highly volatile for a while, and it may be prudent for investors to seek out stocks within that space that offer a high degree of diversity.

That£s a key reason why BP remains an attractive buy. Its asset base may not be as strong as it was prior to the Deepwater Horizon oil spill in 2010. However, it offers an appealing risk/reward profile over the long term, as well as greater stability than Parkmead. And with BP being highly profitable, it£s able to pay a generous dividend that£s due to be covered by profit next year. BP£s yield of 7.2% will boost its total return and could make a significant difference if capital gains are difficult to come by in an uncertain environment for oil and gas companies.

As such, selling BP and buying Parkmead doesn£t appear to be a sound strategy. Both stocks have appeal and could deliver strong growth over the medium term. However, BP£s lower risk profile and greater diversity make it the favoured choice for patient investor.

But will BP or Parkmead make you a millionaire?
Of course, finding stocks that are worth adding to your portfolio is a tough task, which is why the analysts at The Motley Fool hav




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