I believe an awareness of the Governments recently announced commitment to the energy sector is kicking in and for local and russian investors this is one of few players in Ukraine that are not amongst the 7 sisters (yet)
One event which has been overlooked as only FT was poresent was a big energy event in the presence of ther President of EBRD at their Head Office on Monday. Country Director for Ukraine was also present as were several officials related to the en ergy sector. Ptriority of the President of Ukraine has been set as energy, LNG Terminals and energy efficiency and they are focussing strongly on self suffieciency. Shell have signe up for a major shale development. No doubt Regal will be amongst the beneficiaries as they have surely made themselves persona grata with the Govt decision makers
Alexei Timofeev has led the National Association of Securities Market Participants since 2005. He is also a member of the Social Council of Securities Market Participants, the Council on Corporate Governance and the Expert Group on Financial Education of the Federal Financial Markets Service. He is a member of the Council of Directors of the RTS and the Market Council of MICEX. With his legal background, I sense he has tied up all the loose ends and intends to make a killing on this deal and that some Govt Officials have already been ciunted in on the spoils.
My gut feeling is they have probably already been sorted out in principle, just depends on when is it appropriate for all concerned to announce it. If they were still hotly disputed there would be some coverage in the local press but I have heard of nothing. The fact that price level has held up so well also tends to confirm that view. As I said earlier it would be no surprise to me to see this double by Autumn and I am not ramping as I have been slowly disposing of some because I have a large holding and need loquidity from time to time, and will continue to dispose of 10% with every eventual10% sp rise
It would not surprise me in the slightest in the Oligarch behing the deal and the Official controling licences have not already had their cognac and cigars and a brown envelope has exchanged hands. The question is when is it politically timely and it what form to announce a resolution of the problem? The New owners would want it to play to their max advantage. Lets be patient and optimistic that this does double by autumn and the more oil prices rise the more there will be pressure to succeed with drilling as Ukraine will be under pressure to pay for rapidly rising imported energy.
Judging by the exceptionally large buys, this appears about to take off, now regret having sold half at 31.50. But if it reaches 45p this week at least it will be even steven.
It is a bit of a mistery, they are the Invest affiliate of one of the largest Czech Banks, could it be an Oligarch using a smokescreen broker in Central Europe to avoid being identified?
Wonder why Rosneft/BP haven't expressed interest yet. Gazprom and Lukoil are firmly entrenched in Ukraine already as are their Investment Bankers RENCAP, Relations are much better now with Russia and a red carpet could be waiting for them there and us weary shareholders may see a much better end price.
Might want to do thqat myself as I am nursing a much larger paper loss, but why does RAG need funding I would imagine all those interested would give up time voluntarily and should not need to be a paid Membership. The Guy who formed it should not make it a subscription service from my past experience of similar lobby or action groups.
I hope you are right it I will check it out but still hoping for a better offer for Regal before deadline
I have 120k and its burning a hole in my bank account, I cant believe will be the only offer unless there is some horrific skulldudgery going on between some Oligarch and some official
I would tend to agree that Cyprus is more likely to be used by Ukrainian Oligarchs, then the likes of RENCAP or GAZPROM that are closely audited,
I have some quite good high level RENCAP connections in Moscow and could try to find out if they are willing to talk about it.
I am just back from an Investors Summit in Kiev and whilst there is a vacuum politically with several Ministries merging or being transformed and several deputies loosing their jobs, what was apparent is emphasis on energy. Energy saving, energy wastage, and energy sufficiency were key topics throughout andf that Companies like Regent who have started exploreation and new ones wishing to explroe will find an improvced environment. Pinchuk is also much more persona grata than he has been in the past, all this seems like a good omen and that subject to Oil Companies finding commercial reserves, Regent and others shouldf see their shares start to rise dramatically.
Been in Lonrho for many years having soldf lonmin at the tine of the split, which then went up nearly l00 fold whilst Lonrho collapsed. Now is the time for Africa son hope to see it at 50p and not have to lick my wounds anymore.
Seem to have read somewhere a plan to upgrade a number of airports in Afrtica and improve air control with cobntracts given to Nortjhop Grumman. Did anyone else hear that? If so this could improve the image and attract more investors all to the benefit of LONRHO and the Chinese will be looking at Banks, if they aren't already as we as resources with even greater vigour.
Thanks for that , I am researching one or two Nano Tech Companies myself and will revert back if the findings are positive.
As Lonrho chatters seem very switched on I was asking if anyone had done any research on Nanotechnology and who the key beneficiaries might be
Demand for nanotechnology in health care products will jump 48% annually through 2009, led by improved cancer and central nervous system therapies based on solubilization technologies. Seems an exciting area has anyone done any research on the smaller companies and thus larger beneficiaries in this Sector
zaeblo sidetj v gazike (can someone translate this please)