We would love to hear your thoughts about our site and services, please take our survey here.
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.
Fair comment, was just making the point that small trades are irrelevant
I see the big buyers are out this morning 08:00 - 28/02 Buy 15000 0.205p �30.75
I see the big sellers are out this morning 08:00 - 28/02 Sell 4245 0.17p �7.03
Reading celticheart ramblings and his lack of understanding of the situation is boring everybody to death. We need a share price rise/spike to get some thrills and spills back. Personally I'm looking to try to pick the top for experience for the future
Yes I can see that with your buy order in place
Depends on your perspective - I would much prefer a buy to go through at 0.18p. KRO
Nice to see a million BUY @ 0.2 p this morning
Tried a dummy sell and for my 2m holding I was offered 0.15p but for a smaller sliver of my holding I was offered 0.188p. So it looks doubtful that my buy order will get filled. KRO
Rainbow, it's a complete POS if I'm honest, I was in the process of moving my holding to a different broker when the delist/relist happened but only my non ISA shares got through and as this was offered free, I did not want to pay to move them so as it stands I have my Range ISA shares with 1 broker and my other Range shares with another broker. Not an issue as it stands but a bit of a pain when I come to sell. Malcy is heralded as a messiah and he may have a wealth of experience but a suggestion not too long ago of the share hitting 50p bashed his reputation for me and makes him look like a funded stooge. That said, I have my position and am comfortable with it, however, I would like that top-up to go through. KRO
I have had a buy order open for around a week or so for my remaining funds I am making available to Range. It remains open to fill for around 655k shares at 0.18p. I hope it gets filled today so I can stop messing around each day putting it on. I think that will be my last purchase if it goes through. Though how many have said that before. Looks like a boring period until some contracts are tied up for RRSDL. Probably expecting little news this side of the quarterlies. Obviously would like some drilling actio but this seems unlikely at the moment. KRO
If you have a look at the daily chart you will see several things quite clearly, firstly the dominant colour is green which means that overall buys have outweighed sells. The resistance level at 0.175 gave way with the indicative Golden Cross on Feb 21. Despite the best attempts of a handful of traders we have been knocking on the resistance level of 0.2 for the past four days, testing the 0.22 levels in the process. A picture tells a 1000 words, that is why I believe our next target will be 0.25 and then once that gets broken on to 0.275 Still a long way to go yet but it is a good start to the year. Another hike up in production and we will see a decent rise IMHO [IMG]http://i67.tinypic.com/1432mw.jpg[/IMG]
Revenue up 🤣.
WTI $63.55 +0.78 +1.23% Brent Crude Oil $67.31 +0.92 +1.37% One year forecast for WTI $73 a barrel 2018.02.25 end-of-day
Allan Sugar Last year Trinity had net debt of 34.3 million. They reduced it to 1.2 million by the last financial update.
"RRL's bopd is 2,000 below Trinity who have a market cap of c.�45. Does this mean that even if RRL get the BOPD to that level the company will only be worth �45, a share price of 0.6p?" What's their debt burden like compared to ours?
It's like a madhouse on here.peeps are paranoid on here because of past history.celticheart was wrong about me I just need him to own up to the fact. I am expecting a long wait
Should’ve said “oil production”
I agree about the market cap growing more due to oil prices production rather than oilfield service / RRDSL! This is because RRDSL is actually being seen as a liability rather than an asset at the moment. It came with tens of millions worth of debt and hundreds of unionised works that need to be fed, watered and kept happy! We have to aggressively market these services or we could end up fitting the bill for those workers from our already dwindling cash reserves!!! The next 3 months will be key !! Reach 1000 BOPD and sell RRDSL services...
I think you are overlooking the fact that our future revenue is not just based on the BOPD but also as an Oil services provider too. Incidentally Trinity are one of our listed clients on the RRDSL website.
Obviously that should be �45m
RRL's bopd is 2,000 below Trinity who have a market cap of c.�45. Does this mean that even if RRL get the BOPD to that level the company will only be worth �45, a share price of 0.6p?
In theory the rise/spike could be anywhere from 50%to 2000% depending on market conditions, news, perceived new market cap.etc. it could go up by 100% and then straight back down again to new lower lows.hence do not greedy on spike
If it doubles imo it’ll go higher because it’ll attract the sheep and day traders! Rrl has a low profile at the moment ! Once it’s starts to increase it’ll have a snowball effect ! Imo if we can hit 0.30 -0. 35 then 0.6-0.7 can happen on the back of 1 RNS! This is a very illiquid company and imo it won’t take much buying pressure to create a massive rise !
Workover.if it doubles I bet you won't be seen for dust.yep wait for the spike if It comes and then bye bye
I honestly don’t know what this obsession about the price is all about ! Whether it’s 0.2p or 0.195p what does it matter ? Most long term holders are deeply under water anyway! I need it to more than double before I start paying attention to the price!