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XEL Share Chat - RSS Feed

Xcite Energy Share Chat (XEL)



Share Price: 38.00Bid: 37.50Ask: 38.50Change: 0.00 (0.00%)No Movement on Xcite Energy
Spread: 1.00Spread as %: 2.67%Open: 0.00High: 0.00Low: 0.00Yesterday’s Close: 38.00


Share Discussion for Xcite Energy (XEL)


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2fliesonafruit
Posts: 15
Question
Opinion:No Opinion
Price:25.50
View Thread (3)
Turbines
2 Apr '15
A couple of years ago XEL spent millions on some gas turbines that have not been used. What were they going to use them for and where are they now?
 
Gordon57
Posts: 35
Question
Opinion:No Opinion
Price:25.50
Trade type question
2 Apr '15
Can anybody explain please what it means when a trade type is called "Ordinary deletion" - see XEL trade at 12.46pm for 52556 shares
highlandsbull
Posts: 1,810
Observation
Opinion:No Opinion
Price:25.75
View Thread (2)
RE: This site
2 Apr '15
Well, apart from stockholders, by now he has a whole bunch of contractors XEL has primed to do this job hoping for the same. Man, this has dragged on.
ceilingcat
Posts: 318
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:25.75
View Thread (4)
RE: Down..Down..Down
2 Apr '15
Without news the charts show where this will eventually end up. Having said that, there is clearly underlying value in the company, even in a fire sale. I also agree with MarkESmith that the current situation is largely priced into the share. There was no dramatic drop on the annual results like there was last year.

Take heart that the entire sector is under siege. Oil will recover and the majors will have considerably less reserves if they continue to pull back on investment in new fields, that can only be good for companies like Xcite. Opinion is divided on whether oil will remain low through to 2016-17 or so, or whether it will stage a dramatic recovery later this year. There is compelling evidence in both directions.

Xcite have sufficient working capital for now. Next year the bonds will need repaying, but I am sure that the board are well aware of that.
takahe
Posts: 820
Off Topic
Opinion:No Opinion
Price:25.50
View Thread (2)
This site
2 Apr '15
seems to be full of untruthful people.
I hope that Cole releases news to stop their nonsense.
MarkESmith
Posts: 698
Off Topic
Opinion:No Opinion
Price:25.50
A lot of negative posts on here?
2 Apr '15
I think the stock is merely trading its range atm, treading water so to speak. The market didn't appear unduly ruffled by the results and forward looking statements, as I believe it had factored more lengthy delays, finance challenges and alternative funding sources well into the price. We may seee some range trading activity as this drifts towards its support but I think we are all awaiting the RAR and then the ES to really digest and have great discussions.
TheirThere
Posts: 314
Observation
Opinion:No Opinion
Price:25.50
View Thread (4)
RE: Down..Down..Down
2 Apr '15
I too find it amazing that anyone so knowlegeable would be constantly posting on company listed on AIM AND still losing money every day.

Judgement seems pretty poor then eh?

Still, the agenda is churn (both the shares and the number of posts on this board) anyway isn't it?

Transparent isn't the word!

ATB
SPKiller
Posts: 1,263
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:25.50
View Thread (4)
RE: Down..Down..Down
2 Apr '15
Neil, I feel for you. I'm losing money on here every day and it's painful. What is worse is the people who constantly ramp the stock, thus bringing new lambs to the slaughter...

I think this will recover once FDP is submitted and accepted but there is a huge amount of work to do before that to secure funding.
takahe
Posts: 820
Off Topic
Opinion:No Opinion
Price:25.50
What nonsense
2 Apr '15
to say the oil doesn't flow.
Look at the Oilbarrel presentation, apart from we know that 150,000 barrels have already been sold through BP.
The team really are in overdrive today
SPKiller
Posts: 1,263
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:25.50
View Thread (2)
RE: Always one..
2 Apr '15
Takahe,

As another 50,000 shares are sold and yest another month goes by with no FDP submission, would you at least have the decency to admit you are wrong and apologise to anyone who has been taken in by your (putting it politely) "over enthusiasm"?

I don't mind being disliked on here because I ask difficult questions and take people to task when they are wrong, I certainly would not be able to live with myself if I constantly ramped a share that has been falling for three years.

Bare faced cheek doesn't cover it.





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