Register
Login:
Share:
Email Facebook Twitter




Quick Poll
QUICK POLL >
Do you invest in funds?




MAGP Share Chat - RSS Feed

Magnolia Pet Share Chat (MAGP)



Share Price: 0.63Bid: 0.60Ask: 0.66Change: 0.00 (0.00%)No Movement on Magnolia Pet
Spread: 0.06Spread as %: 10.00%Open: 0.63High: 0.63Low: 0.63Yesterday’s Close: 0.63


Share Discussion for Magnolia Pet (MAGP)


Thread ViewThread View
Please Login or Register to post messages
Posts per page:


Premium Membership
Robsky
Posts: 3,371
Off Topic
Opinion:No Opinion
Price:1.20
View Thread (2)
RE: large 1M buy :)
23 Oct '14
At least the MM's are happy to quote for half mil today @ 1.12 lol and I know what they can do with their offer.

Super results today ! SP reacting as per normal but the canny investors will keep adding to the pile, volume around 7million last time I looked and nice to see a 1mil buy in the pot.
 
knicol46
Posts: 1,029
Off Topic
Opinion:No Opinion
Price:1.15
View Thread (2)
large 1M buy :)
23 Oct '14
looking good
DontBuyOnASpike
Posts: 113
Answer
Opinion:No Opinion
Price:1.15
View Thread (2)
RE: good news, but
23 Oct '14
Personally, I would like the company to produce quarterly updates like CAZA do, I know CAZA have a legal obligation to as they are listed on the TSX, but I think this gives a much clearer picture on production and finances on a regular basis. It's all well and good producing RNS after RNS about production figures, but we know that IPR's aren't the best indicators as the decline could be quite rapid. It's all a grey area and vague as none of us really know what were producing but the BOD must have a figure.

The market clearly aren't impressed with all the updates and probably just think it's just more of the same. It's all well and good saying about the end game but I'm sure most investors don't want another 2-3 years of what we've had over the last 2.5 years. Why buy now when you can wait another 2-3 years waiting for a takeout as most investors money has stagnated here. Now we will have another long wait for more wells to come online and it'll just be more of the same anyway.
MrEnglish
Posts: 730
Observation
Opinion:No Opinion
Price:1.15
View Thread (6)
RE: CPR
23 Oct '14
Just had the thought that I really need to also factor in the lease cost in addition to the drilling cost in order to properly compare Mississippi/Woodford with Bakken/TFS.
MrEnglish
Posts: 730
Observation
Opinion:No Opinion
Price:1.15
View Thread (6)
RE: CPR
23 Oct '14
Yes, both Jakes and other previous Mississippi/Woodford wells.

I think that I'm safe in saying that a IPR of 500boepd+ is good for Mississippi/Woodford.

As a rule of thumb (in Mississippi/Woodford anything better (so less cost) than a return of 1 boepd for every $10k invested is very good, perhaps $12 is more realistic?)

So for these @ 6 * $200k ($1.2m) at least 120boepd

Forest 1-8H: 75000 / 7.5 = $10000 per boepd
Great White: 340000 / 46.5 = $7300 per boepd
JKL-1-08H: 80000 / 9.5 = $8400 per boepd
JoAnn 1H-18: 23500 / 5.2 = $4500 per boepd
Parmley 1-1WH: 600000 / 54 = $11000 per boepd
Partagas 1-1H: 180000 / 7.2 = $24500 per boepd
Otis 2-27-12 1H: 160000 / 11.5 = $14000 per boepd
Mack 10-27-17 1H: 25000 / 1.3 = $19000 per boepd
(There are lots more but you get the picture)

Jakes: 1200000 / 246 = $4900 per boepd
Helgeson: 460000 / 57 = $8000 per boepd

OK, on that basis these are actually in line with previous Mississippi/Woodford wells, they just don't look as good as some of the ND stuff.
NMH19
Posts: 2,381
Off Topic
Opinion:No Opinion
Price:1.15
View Thread (2)
good news, but
23 Oct '14
It would be nice for the company to spell out (for the benefit of a thicky - like me) how many bopd are being produced. Apart from this it all looks very very good. Pity about the SP...
Poacher886
Posts: 1,338
Off Topic
Opinion:No Opinion
Price:1.15
RE:buzz
23 Oct '14
I have to agree though very expected of course. With BOPD, that must be approx 320-350 mark now, the Mcap is a pure joke and has been for along time. How in any way can we be valued at 10.5m now and near twice that 2 years ago (before the spike) with approx 80bopd.

Indeed how can we have settled at 2.2p following the 50% sudden drop on nothing, when most expected an approx bopd of 200, yet now were over 300 and we sit at 1.1p!..surely insane.

For this to move the BOD really need to spell it out to the market, nice and simple. BOPD stands at xxx.
discopablo
Posts: 1,699
Off Topic
Opinion:No Opinion
Price:1.15
buzz
23 Oct '14
Couldn't agree more. I note the exasperation and share it. This is quite infuriating.

If you've got it, buy more. I wish I could.
buzzlightyear4
Posts: 6,114
Off Topic
Opinion:No Opinion
Price:1.20
Now flat for the day!!!
23 Oct '14
What has MAGP got to do to achieve a sensible SP???

MMS taking the P....S now!!!
L1onheart
Posts: 2,188
Off Topic
Opinion:No Opinion
Price:1.20
View Thread (2)
RE: MrE
23 Oct '14
You need Robsky and Boak!





Sign up for Live Prices


Home  |  Contact Us  |  About Us  |  Careers  |  Advertise with Us  |  Sitemap  |  Terms & Conditions  |  Cookies  |  Privacy


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.