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EXCLUSIVE: David Lenigas answers investor questions in a detailed interview about UKOG, Doriemus, LGC Capital, AfriAg and Angus Energy.


Xcite Energy Share Chat (XEL)


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highlandsbull
Posts: 5,598
Observation
Opinion:No Opinion
Price:0.00
Bressay, now add Whalsay, look at
11 Oct '17
the names and map, pretty clear who has been playing to XEL's management stuff ups, probably going all the way back to the DECC draft FDP fiasco and XEL being 'persuaded' to invest hugely in the unnecessary EWT, full dance card, RBL funding dump, the Norwegian Bonds give away the farm terms accepted by the useless ceo, and cfo, who amazingly surprise surprise, still remains in a job. Jmo.
 
honestbob
Posts: 1,167
Answer
Opinion:No Opinion
Price:0.00
johnson36
5 Oct '17
Assume you mean on tax return .If they are in an ISA you cannot have relief of any sort . If not you can put the loss on them against any capital gains profit you have but not income tax

If you have no capital gains at present you can still notify the inland revenue - i think with a supplemental sheet to your tax return - then you can carry that loss until you have a capital gain to put against it .You only have a certain amount of time to register the loss - you would need to look up - them it is lost for ever

Hope this helps - is only my understanding and would check on inland revenue website or give them a ring
johnson36
Posts: 2,214
Off Topic
Opinion:No Opinion
Price:0.00
write off
4 Oct '17
When can I show these shares in my accounts as been sold at zero.

Can I put these through as a loss on this years books 2017 /18 ?

For me about £12000 loss
highlandsbull
Posts: 5,598
Observation
Opinion:No Opinion
Price:0.00
RE: ??
4 Oct '17
Still in shock likely for most, kind of hard to fathom quite how useless and bombastic XEL management turned out to be in spending $450m+ in eventually proving up a huge asset, then donate same for someone else to own and develop.
2fliesonafruit
Posts: 139
Question
Opinion:Strong Buy
Price:0.00
??
3 Oct '17
Where have all the 'watch & learn' experts gone that said this POS would come good?
highlandsbull
Posts: 5,598
Observation
Opinion:No Opinion
Price:0.00
TSO rChina parent facing winding up
1 Oct '17
highlandsbull
Posts: 5,598
Observation
Opinion:No Opinion
Price:0.00
just thinking..
12 Sep '17
this newco must have taken on with OGA in securing the lease extension a guarantee for sea bottom cleanup that was to be undertaken before commencement of the unfunded Mk. 10 plan.
sadandskint
Posts: 16
Off Topic
Opinion:No Opinion
Price:0.00
RE: More passing the hot potato..
31 Aug '17
Ditto
I received the same standard bull.... Reply
toxicnerve
Posts: 2,633
Off Topic
Opinion:No Opinion
Price:0.00
More passing the hot potato..
31 Aug '17
...well like warm really.
I posted off a few letters had nothing from my own MP but received this Guff from
this lot of comfy cats.

Business, Energy and Industrial Strategy Committee
11:24 (22 hours ago)

to me
Dear Mr Toxicnerve

Thank you for your email regarding Xcite Energy Ltd. The BEIS Select Committee normally does not launch inquiries into specific cases or companies. Presently, we are still awaiting for the Members of the Committee to be appointed and for them to agree an agenda for over this Parliament. As you can imagine, there are a number of issues that the Committee might decide to focus on and the Committee might continue to be concerned by the impact of the UK’s withdrawal from the EU on the various policy areas that fall under its remit.

You may wish to consider referring your case to the UK Listings Authority (FCA), if you feel that Xcite made misleading statements about what they could deliver and/or their performance. Information about making a complaint to the UKLA can be found at: https://www.fca.org.uk/markets/ukla/contact/complaint-against-issuer.

Thank you taking the time to contact the Committee.

Ian Cruse

Ian Cruse | Committee Specialist | Business, Energy and Industrial Strategy Committee
House of Commons, London SW1A 0AA
Tel: +44 (0) 20 7219 4320
Text Relay: 18001 20 7219 4320
Web: www.parliament.uk/bis |Twitter: @CommonsBEIS

Subject: the Conduct of the Board of Directors of Excite energy and also the role of the
Business, Energy and Industrial Strategy Committee
beiscom@parliament.uk
bodog
Posts: 386
Off Topic
Opinion:No Opinion
Price:0.00
Time to say goodnight
24 Aug '17
On Excite IT'S OVER give Rupert hell if you meet him.
Well paid for failure yes, but that's life, move on.
Good luck to all shareholders.




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