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Xcite Energy Share Chat (XEL)



Share Price: 30.25Bid: 30.50Ask: 31.75Change: -1.625 (-5.10%)Faller - Xcite Energy
Spread: 1.25Spread as %: 4.10%Open: 31.25High: 31.25Low: 30.25Yesterday’s Close: 31.875



Share Discussion for Xcite Energy (XEL)


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marthasson
Posts: 4,666
Off Topic
Opinion:No Opinion
Price:32.50
missanthrope
26 Jun '15
i never bought up the subject and i'm not wriggling (why would i)
just pointing out that you are incorrect......as the accounts below show
 
MissAnthrope
Posts: 252
Observation
Opinion:Strong Sell
Price:32.50
View Thread (2)
RE: salaries
26 Jun '15
I didn`t print their salaries what is more important is what they COST the company, as there was no income , PI `s de facto paid that cost from the share capital. ergo on average the three directors cost £ 500kn each in 2014, you can wriggle and obfuscate all you want , the facts are in the accounts..
The quarterly figs you mentioned are irrelevant and unaudited. .
marthasson
Posts: 4,666
Off Topic
Opinion:No Opinion
Price:32.50
View Thread (2)
salaries
26 Jun '15
not according to this from the xel website

During the three month period ended 31 March 2015, each of Rupert E. Cole, Andrew J. Fairclough and Stephen A. Kew were executive directors of XEL (the “Executive Directors”). The Executive Directors have received remuneration, details of which are given below:
Wages and salaries Social security costs
3 months ended 3 months ended 31 March 2015 31 March 2014 (unaudited) (unaudited and restated)
US$’000s US$’000s
291 311 38 42 329 353
In addition to the above, during the three month period ended 31 March 2015, the Group paid to Timothy Jones, Gregory Moroney, Scott Cochlan and Henry Wilson in their capacity as Non-Executive Directors of the Company fees of £20,000, £11,250, £11,250 £11,250 respectively (US$30,444, US$17,294, US$17,245 and US$17,294 respectively). The comparatives in respect of Roger Ramshaw, Gregory Moroney, Scott
Diver69
Posts: 191
Off Topic
Opinion:No Opinion
Price:32.50
MissAnthrope
26 Jun '15
Thanks for that. Next question?
beanpole
Posts: 1,004
Off Topic
Opinion:No Opinion
Price:32.50
View Thread (3)
RE: Costs
26 Jun '15
no problem cos these are going to 4 quid soon... x111 said so
Seriously though why aree you here Miss? Have you got a short running?Is this why you are advising everyone to sell?
MissAnthrope
Posts: 252
Off Topic
Opinion:Strong Sell
Price:32.50
View Thread (3)
Costs
26 Jun '15
Cost of directors year end 2014 (from the accounts).Three in number

£1,429, 474
ugiebear
Posts: 1,906
Observation
Opinion:No Opinion
Price:32.50
RE: Xcite Energy
26 Jun '15
If you were a millionaire and still had a salary of £500,000, would anything bother you?
------------------------------------------------------------------------------------------------------------------
I am curious as to who is on a salary of £500,000 - are you able to provide any documentary evidence of that?

Thanks in advance.
hku821
Posts: 1,466
Off Topic
Opinion:No Opinion
Price:32.50
View Thread (2)
RE: Halfway
26 Jun '15
Most worrying thought is come year end we will be wishing we were in the 30's! This SP can be taken anywhere now, the BOD really do need to update the market with something soon.

For all we know they could have packed up and enjoying those millions in sunny Spain.
Diver69
Posts: 191
Off Topic
Opinion:No Opinion
Price:32.50
Xcite Energy
26 Jun '15
Don't forget, come paying back the debts, they can laugh and walk away from the company multi millionaire's. Don't worry about finance, i am worried,, your not for fu*k sake. Do you get our concerns, or is this some sort of joke?
MissAnthrope
Posts: 252
Observation
Opinion:Strong Sell
Price:32.50
View Thread (3)
RE: Xcite Energy
26 Jun '15
ps
I reckon they should get at least an OBE for quite legally stuffing the system , you have to admire their cheek!





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