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.
senseman - Not a clue off hand until I have done the maths. I try not to make guestimates when I can, as there are many variables attached. I will write an algorithm and punch in the numbers based on current trajectory under best case scenario and get back to you. The biggest hurdle is knowing what is going to take place during the AGM. There appears to be many on this board that would like the CEO/CFO gone but then we here they are potentially being paid a handsome uplift in the hope of them staying put so who knows really what the future will hold. On the other hand if they are to be replaced the question is who by, their experience and qualifications and how are they viewed within the industry and finally, the biggest question of all. Is there a forward plan or is the idea just to be a cash cow until the well is no longer commercially viable.. Currently all I know is what fair value is at the current time and what my intended exit price will be. I do know that my holding should be around another 125,000 higher by then if the price stays sub 10p and the proverbial doesn't hit the fan. I will give you my estimate tomorrow.
Regarding being the most disliked poster I think I have explained the fact I'm here, isn't to garnish any brownie points, or even make friends. If anything I do post in here is found to be useful to someone then all to the good, but if its not, then I'm sure they will find something of use from another poster. I'm just here to both gain and share information in the hope it will improve my investment in the share. Anything outside of that is just noise. The biggest giggle of the day came from you when you posted quote, "it's put yer money where yer mouth is time!!". The fact I have 143,658 shares in Hurricane suggests I have already 'put my money where my mouth is'. That's an increase of 113,200 shares since joining this forum one month ago to the date.
Just to clarify the date, July 31st is a Sunday.
9.00am Mon Aug 1st - gives an hour for market to open and settle down
RNS you would never want Maris as a drinking buddy or after dinner speaker or be his dentist. Hope the AGM can alter communication.
Sense and Simple get the handbags out again. It's getting boring now guys! Go fight in another place.
Euston2283 - "Sense and Simple get the handbags out again. "
No handbags, if you read the posts just a pleasant 'guess the share value on 1st August' game. You can join in if you wish. I will be giving my estimate a little later. Mariog has already given his estimate. if it turns into something else I won't be taking the bait.
Too many variables to give a single figure so here's my take.
Current fair value 21.4p
Under current trajectory and no changes decided/announced at AGM I put the share price at **14.40** on 1st August
With a change of CEO/CFO 17.20
With a forward plan 17.90
with both a change of CEO/CFO and forward plan 19.6
with a resignation/vote to remove of the CEO/CFO at AGM without a replacement 3p when AIM suspension kicks in and I will be gone way before it hits that figure.
Potential takeover bid 23.6p if no significant changes other than what is already known.
The chances of those prices are declining in my eyes until a forward plan. Its a given that debt repayment has been priced in. I can only now see this increasing as of thr AGM if the desired is announced and marks and Co are sent of the plank. At that point, maybe 15p.
I had hoped for a higher increase prior to now based on the debt repayment and some movement already regarding a forward plan.
Maris and co**
eskibeatbeater - I agree, the overriding factor isn't paying off the bonds, as this is already priced in to many models. It's the probability to a significant rise of poo in Summer which will make the company more attractive..
I bought 150000 shares @ 1.57. I have sold half @ 11.25 and the remaining I am happy to sell @ 15 or above. So if we have a price guest for 1st August then mine is .......................15p gla and stay safe.
Seems to be very hard to move above this level.
I think all of this is a lot simpler than things being priced in, etc... namely, that things aren't priced in. I don't believe the market is very efficient at all for small cap AIM stocks like this one. I believe it will be the midyear report (or maybe next annual report) when people begin to take notice.
Look at the woeful analysis by the so called analysts currently: They're using out of date data and have priced Hurricane Energy at 9p!