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Max Petrol Share Chat (MXP)



Share Price: 1.04Bid: 1.03Ask: 1.05Change: 0.00 (0.00%)No Movement on Max Petrol
Spread: 0.02Spread as %: 1.94%Open: 1.01High: 1.12Low: 1.01Yesterday’s Close: 1.04


Share Discussion for Max Petrol (MXP)


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TheRobster
Posts: 3,272
Off Topic
Opinion:No Opinion
Price:1.34
2P's
19 May '14
The elephant in the room is always going to be the 2P value. It doesn't matter how quickly they can pump the stuff out of the ground (as I know MavD will claim that "production is increasing so everything is rosy" etc) - the value of the oil we have barely covers the debt and company running costs. FACT. Sorry to **** on the bonfire folks but there it is...
 
TheRobster
Posts: 3,272
Off Topic
Opinion:No Opinion
Price:1.34
MavD
19 May '14
It's a debt repayment company now....8 million in 2Ps is worth between $80-120 million. They have $90 million in debt plus costs to run the company. There is nothing left out of that....it's a worthless shell, there's nothing to turn around!

Wake up and smell the coffee fella...
MaverickD
Posts: 5,551
Off Topic
Opinion:No Opinion
Price:1.34
Young
19 May '14
I think all investors agree that is an improvement in our fortunes - expect the sp to reflect the renewed optimism. Get some production figures up to show a ramp up from same time last year
shareking1
Posts: 49
Off Topic
Opinion:No Opinion
Price:1.34
mike young severance
19 May '14
Mike young should get no severance.he should be sacked and pay max compensation for what he has done to this company
MaverickD
Posts: 5,551
Off Topic
Opinion:No Opinion
Price:1.34
Production focus
19 May '14
Signals the changes at the top - Mike Young did us no favours, new direction and management should see a nice turnaround. Savings are savings, initial costs will support future profitability.
shareking1
Posts: 49
Off Topic
Opinion:No Opinion
Price:1.34
agree
19 May '14
Houston office should have been closed years ago
Rivendell666
Posts: 3,877
Observation
Opinion:No Opinion
Price:1.34
$200k ... RNS
19 May '14
http://www.investegate.co.uk/max-petroleum-plc--mxp-/rns/corporate-update/201405190700284124H/

Marvellous. It costs $3.8M to save $4M a year. Do they have Gordon Brown as a director??? ......
Rothers
Posts: 587
Off Topic
Opinion:No Opinion
Price:1.37
View Thread (2)
RE: 1.50p
15 May '14
I'm thinking NO
Dangelous
Posts: 81
Off Topic
Opinion:No Opinion
Price:1.50
View Thread (2)
1.50p
9 May '14
:0 could the great escape be on??
get_rich_quick
Posts: 3,979
Off Topic
Opinion:No Opinion
Price:1.47
View Thread (2)
RE: RE: surprize surprize
8 May '14
Directors may not wish to add anymore money, which I can understand, but you would still expect them to at least try to recover as much money as possible by increasing the Sp as it is still in their interest.

ATB.



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