Member Info for DRS1

Members, totally agree with you. Sauergit has no concept of when to buy or sell. He constantly moans about the spelling of posters then abuses the system. This share is cheap. All posters, don't believe a word of the Sauer or downbutwhongivesadamn.

Price: 58.20
I posted this on the 12th June at a price of 58p.
This is becoming a dog of a share. Tom Cross does not care about investors - he picks up his enormous monthly wage and it fully compensates him for any falling share price. I have been in here since 2015 and seen nothing to recommend him or the share. Woodford comes to mind - take the cash and ignore the investors. Yes, I have been slowly pulling out before anyone suggests it. I am still in but I cannot think why.

I love your predictions. Did you know that if you predict the weather forecast as being the same tomorrow as today you would be right 80% of the time!

Can someone please help? The share price on my screen is frozen at 79.40 yet we know the share finished at 80. The last trade is showing as at 15.46. I have tried reloading but it remains the same. Is anyone else having a similar problem?

Sorry make that 74.9 still a bargain.

Maybe so but Geo's post early this morning is spot on.
Has anyone noticed that the LSE pricing finished before closing. Premier's end of day price was actually 64.90 - a bargain.

Great post, thanks, Antigua - a worthwhile read for any PMO shareholder.

If PMO were worth 500m then they would be in danger of dropping out of the FT 350. Fortunately they are worth 590m and safe for the time being.

There is a RNS showing that Kabouter have now sold out. On the 1st March they held 12.19% of the shares (+/- 97.5m) which was then priced at about 26p. This number of shares have not gone through the market so they must have been sold to another institution. It will be interesting to see who is the next major shareholder.

There are 12 major shareholders with holdings over 1% plus the Directors. Together they hold just over 69% of the shares. It leaves under 30% for private investors. This is not going to happen quickly as each major shareholder will have it own price. Have a look at the RNSs since 29th July.

Rule of borrowing - borrow in the currency of income so you avoid exchange risks. Income in dollars, borrowing in dollars so no rexchange risk.

For you information, albeit a bit out of date the

Top 10 shareholders - as at 19 June 2019

Institution name and Percentage Interest
Baillie Gifford. 11.65
Hargreaves Lansdown, stockbrokers (EO) 6.84
Dimensional Fund Advisors. 5.97
BlackRock. 5.94
Interactive Investor (EO). 4.92
Vanguard Group 3.53
HSDL, stockbrokers (EO) 3.18
Barclays Smart Investor (EO) 2.80
Janus Henderson Investors 2.71
NBIM 2.52

I am not sure where GS fits as a shareholder.

DBNO, you have forgotten to sing your praises on backing PHD which is up 10% today.

Hi Laidback, you have started predicting again. You held off for a week or so and it got to 80p, hold off now for a few weeks and you will get your £1.

DBNO let me know when today is crap or when oil is down or when I can buy at 68?
Sauer, let me know when 55 arrives and/or the Cat is sold.
Laidback, please stop predicting 80, it will happen but never in your timeframe.

What about Solan. Cost $1.5bn, produces 5000barrels a day which at $60 will take for ever and a day to justify. Does it even pay for itself? Durrant needs to sell either Zama, before the Mexicans nationalise it, or their Falkland assets. He needs to get the debt down then investors would have more faith in him. The anti Trump sentiment is over here. In the USA, particularly mid-States and outside the major cities, they would re-elect him tomorrow.

This is becoming a dog of a share. Tony Durrant does not care about investors - he picks up his enormous monthly wage and it fully compensates him for any falling share price. I have been in here over 20 years and seen nothing to recommend him or the share. Woodford comes to mind - take the cash and ignore the investors. I have been trading this, on the back of quite a large base but who can predict the demise like this. I am starting to think Members is the only sane person on this board, at least he is consistent.

This is becoming a dog of a share. Tom Cross does not care about investors - he picks up his enormous monthly wage and it fully compensates him for any falling share price. I have been in here since 2015 and seen nothing to recommend him or the share. Woodford comes to mind - take the cash and ignore the investors. Yes, I have been slowly pulling out before anyone suggests it.

There are 5m sells and 9.3m buys so far today. It is very difficult to buy more than 5000 shares, you have to go directly into the market and then you get a poor price. This will not stay at this level for long, back into the 80s possibly today.

Members - how could I be lying - the facts are there in front of you. Donkey's years ago I bought PMO shares for 3p and have bought and sold ever since. I am not the stupid one who bought at 180p and then let it drop to 19p - perhaps you are happy moaning about it all the time. Have you not heard of stop loss? My last sale was at 101 on Monday, I'll buy back when I am comfortable it has finishing falling.
MrD you should be pleased with your sale earlier this week, but I am not sure RMG, CEY or TCG are worth the punt.