Member Info for asteris

Another offload

The share price is not struggling to rise? it's up by over 4%, enq has barely moved, TLW has dropped , hur is up by 1.5%.

hilariarse

http://markets.businessinsider.com/news/stocks/dril-quip-enters-into-letter-of-intent-for-subsea-production-systems-for-sea-lion-project-1027365413

now we know whose been hovering up all the shares

As far as I can see, the only thing preventing a takeover is the number of smaller assets. The company has an enterprise value of £3billion (including the £2b debt) an offer of 50% above the current market cap is only £3.5 billion) so I don't think the debt is a put off.

I am truly amazed, normally a $1 drop in Brent causes a massive drop, I was expecting to wake up this morning to carnage but no and it wasn't just PMO. It's looking pretty good at the moment

I don't think he remains locked out if there is another offer. I'm not sure how he ever thought £5.32 would fly when it's been over £8 this year

they can't open a short position, that would be insider trading

I see that the Iranians blame his comms method for adding $10 to oil. The US may as well sack their entire diplomatic service as it's been replaced by twitter

I always thought he was just one of those that has a few beers and then Tweets, but he's apparently tee-total

It a hard one, I've sold loss making shares but I don't like doing it :-( I've also bought more falling shares if I believe in the company as per PMO, originally I bought a few thousand at £3, saw then drop, bought more at 90p, then 60p, then bought a lot more after the eon purchase, happy to be extremely blue now and it's still my largest holding by far. I'm not a believer in stop losses as they're played by MMs in my opinion and cause more volatility, but I understand it from a short term trader POV.

I notice that rockhopper are mirroring our movements today. Coincidence or is something cooking?

Nor did I stop the auto incorrect. Caped and open are capex and opex

I've based the figures on $72 a barrel for 60% and $58 for the remaining. In total the fields should be making about $1.3 billion before caped. Interest etc...

$571,000,000 profit a year out of catcher after field open taken into account

I can't see a bid below £2 getting anywhere. Pmo is generating so much cash out of catcher

The 12th is a dodgy one for me, good results seem to send the sp down. Look at TLW, there was nothing but good news and the shares were panned. I can't remember what the track record of price movements after trading updates is with pmo.

When doesn't he!

If he's that keen to drop the price, he should start drip feeding some of the strategic reserves into the market.