Register
Login:
Share:
Email Facebook Twitter




Sound Energy Share Chat (SOU)



Share Price: 16.625Bid: 16.25Ask: 17.00Change: 0.25 (+1.53%)Riser - Sound Energy
Spread: 0.75Spread as %: 4.62%Open: 16.375High: 16.75Low: 16.375Yesterday’s Close: 16.375


Share Discussion for Sound Energy


Thread View

Please login or register to post a message on Share Chat.

Posts per page:


Onthebonesofmy
Posts: 1
Off Topic
Opinion:No Opinion
Price:16.625
Buy back.
Today 13:08
My first post & my apologies for the topic again. JP has said that Tendrara & Badile each have the potential to offer a 3 digit rise in the SP. Why would we sell at a potentially fixed lower price & miss out on real gains?
 
crudehope
Posts: 5,601
Observation
Opinion:No Opinion
Price:16.625
RE: BuyBack
Today 12:25
Pablo, I found this interesting article from 1999:

http://uk.practicallaw.com/4-101-0058

Anyway, as you say, the sp is rising & that has to be good!
pablo2
Posts: 8,638
Off Topic
Opinion:No Opinion
Price:16.625
RE: BuyBack
Today 12:01
fsheridan84 - Investopedia states the 2 possibilities for a BuyBack : See 'or offers its shareholders the option of tendering their shares directly to the company at a fixed price.'

What is a 'Share Repurchase'
A share repurchase is a program by which a company buys back its own shares from the marketplace, usually because management thinks the shares are undervalued, reducing the number of outstanding shares. The company buys shares directly from the market or offers its shareholders the option of tendering their shares directly to the company at a fixed price.

Anyway, even I'm finding this discussion tedious because it's so hypothetical. Sp going up a tad - that's real.
blocker2
Posts: 162
Off Topic
Opinion:No Opinion
Price:16.625
17p
Today 11:56
First 17p buy...........

Will be nice to see the back of this trading range!
AudibleEnergy
Posts: 466
Off Topic
Opinion:No Opinion
Price:16.75
RE: Share Buy Back
Today 11:44
I never thought for one moment our institutional investors' bought in on basis of a dividend.

JP, mentioned several times now a share buy back and also to return value to the main investors -that's what this is about- is a huge feather in his cap and makes solid JP's future. Be a great outcome given this is his first CEO, position and possible everyone pleased of a result, what a rare event.

As to whether smaller PIs, want to reap the rewards or hang back to watch how the sp reacts with less shares and presume warrants also be purchased only time does tell. I'll wait as long as possible one horrid trait I had was bailing too soon from penny stocks that flew eventual to a pound plus.
oilbeseeingu
Posts: 15
Off Topic
Opinion:No Opinion
Price:16.50
Share Buy Back
Today 10:51
There is a chance with share buy backs that a Plc spends x million on a sbb - the share then rises - only to fall to a figure close to the original price when an "event" occurs - result wasted money.
fsheridan84
Posts: 47
Off Topic
Opinion:No Opinion
Price:16.50
RE: BuyBack
Today 10:31
Pablo2 your first example is how buy backs work, not your second. When you buy in the open market and cancel, you reduce the number of shares in issue. Therefore the value of the company is divided by fewer shares, resulting in an increase in the share price. So you can not say it does nothing for shareholders, it does everything!
Thelagerkhan
Posts: 308
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:16.50
View Thread (2)
RE: AGM
Today 10:30
One other snippet, THE top fracking man for Schlumberger in the world flew in from Dubai to add his input on Tendrara.
Crude it was good to meet you, hope you enjoy the book, please pass it on to Appi or James when you have finished.
pablo2
Posts: 8,638
Off Topic
Opinion:No Opinion
Price:16.50
BuyBack
Today 10:25
A common BuyBack technique is to buy on the open Market and then cancel. That increases EPS but to me does nothing for shareholders.

A BuyBack direct from shareholders who are invited to offer them at a premium to the current sp is entirely .....a beautiful thing.
Appiamma
Posts: 1,254
Off Topic
Opinion:No Opinion
Price:16.50
RE: AGM
Today 10:17
Official stuff on the exchange of permit I believe AE - James didn't think it was far away but a I got the impression they want to get Tendrara sorted first anyway




Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk






Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.