London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Dear all and especially the BOD,
After many years awaiting a better price for the share , I think that has came the time to propose to the BOD the following:
As it's known the free float now is 56,374,016 shares (POPE included) and the cash is 43,500,000GBP.
The BOD can make an offer for the rest of 56,374,016 shares with a price of 42p each (10% of the last in 2011) and to pay an amount of 23,677,000GBP.
I think is a win-win situation because the company has ALL the money IN CASH and delisting from AIM can profit the rest of money in cash 43,500,000GBP-23,677,000GBP=19,822,000GBP.
Because for a share to close a day with a trade value of 4.37 GBP , down -5.58% (-1.08) and a volume of 5,280 shares , £799.37 Turnover (on book)I think it’s no need to a company to be listed in AIM.
Naive, very naive))
With the shareholding Novinsky has he can delist it any time. At half the price you offered. And you will have to accept
Krok, in your opinion, is Novinsky likely to de-list?
Plus what's the chance of a dividend being announced short term?
I think the silence majority of the shareholders prefer the delisting because they don’t have the patience anymore to wait their investment could give money ie divid or higher value of the share.
But for Novisky is an “ asset fame” to have a company in AIM because if he would to delist it since 2012 ,he could .
That’s the problem.
Regarding the price for delist -when and if it comes a day-my opinion is that Novisky should give an attractive price ie 42p ( plus 10% of this 2011) in order to succeed his purpose and to be accepted from the rest of shareholders remained in this share without to receive last years even a penny of earnings.
Fenm, I think he will not choose to de-list any time soon. Why should he?
Dividend in 2021 is highly unlikely. ENW’s capex is going to be $40-50 mn in the next 12 months. The cash pile will decrease, as a result. No room for the dividend under the circumstances
The production is going to decrease throughout the year, this doesn’t support the divi either
Oldholder, you are trying to position Novinskiy as a white knight saving poor minorities. He is not, by any chance
Back in 2012, he couldn’t but pay 42p or 54p or whatever it was. That was a completely different game in a completely different environment
Now, in 2021, he can choose whatever price he sees fit to buy you out. You will have to accept anyway
But he won’t, in my view
Krok
The only thing in my opinion for the enw remains in AIM is only for Novisky to increase his status mainly in Ukraine.
But I think this has a deadline since 2012.
Sell enw , acquire an other AIM company, merge with other are some of many cases I think he can apply.
Because the share as is now has no any chance to be attractive by the seriousness people’s and he knows that even though he is not interested .
Of course I should mention his efforts to increase production by investing money and for this reason has my appreciation.
Novisky’s purpose in 2012 was the delisting .But he didn’t succeed because a few people ,like me , didn’t deal with the offer price.
Due to this situation ,good for us bad for him, Novisky has one of the biggest % like no other share holder in AIM and not only.
As a consequence the liquidity of the share is approximately 0.
That is not normal I think.
Time has came to decide ....what ?
Nothing but a wishful thinking
My understanding is that with 75%+ stake you can delist an AIM company at any time
Krok, agree with what you say about Novisky.
Oldholder has it wrong historically proposal was never to take over fully and delist. That was the competing proposal. He can delist tomorrow with no cost as >82% voting rights.
But I think ENW going to profit now with rising gas prices. Cash goes up mate!
The new fields will hopefully give some good news at certain point but not sure if fast enough for some here.
June 2021 10 724,91 8 595,07 12 215,80
May 2021 9 296,81 9 088,74 9 395,88
April 2021 8 098,53 7 775,13 8 248,40
March 2021 7 549,69 7 573,32 7 546,99
February 2021 8 177,84 7 930,89 8 205,51
January 2021 7 924,65 7 591,10 8 040,77
December 2020 6 329,75 5 943,76 6 344,48
November 2020 6 101,31 6 186,71 6 039,92
October 2020 5 983,81 6 051,61 5 555,96
September 2020 4 702,90 4 521,84 4 853,50
August 2020 4 238,69 3 560,04 4 727,24
July 2020 4 087,61 3 031,42 4 862,82
June 2020 3 692,34 2 800,86 4 582,35
May 2020 3 701,52 2 526,35 4 692,85
April 2020 4 698,41 3 890,97 4 793,42
March 2020 5 303,24 4 150,00 5 306,01
February 2020 5 764,30 4 470,80 5 796,41
January 2020 5 763,78 5 038,03 5 793,02
December 2019 5 307,08
November 2019 5 819,78
October 2019 5 140,78
September 2019 4 702,90
August 2019 5 503,38
July 2019 5 756,54
June 2019 6 664,67
May 2019 6 976,50
April 2019 6 904,48
March 2019 7 921,16
February 2019 9 204,88
January 2019 9 822,93
December 2018 11 736,40
November 2018 12 062,83
October 2018 12 385,83
September 2018 11 389,95
August 2018 9 786,37
July 2018 9 589,67
June 2018 9 304,39
May 2018 9 007,57
April 2018 8 647,78
March 2018 8 305,9