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Good to hear from others who were in Imperial Energy too. Peter Levine had his moments then too.
We need him to remain in good health in this difficult time. With , PL at the helm,President Energy will survive the storm!
The last buy was for 1,000,000 shares. Or was it a sell? Whatever it was, someone knows something.
Looking forward to hearing from PL before Christmas. I am a long time follower and shareholder and have bought another 100,000 shares to average down the cost of my holding as many other long term holders have done. My transaction is not shown yesterday? 2020 is going to be a good year - it just has to be with all the effort PL has put in!
AGM in Leeds next year please
Correction - "Imperial energy out of Russia"
We investors just have to be very patient. As PL has said he has taken the long road road round with PPC. Things are looking good now. PPC is in good hands - the same hands that got President Energy out of Russia. There is much to look forward to now.
This is an interesting challenge to existing shareholders. I am game, increasing the family holding by 32%. The increased production and profit are most encouraging now. As a good friend once told me , PL always has a plan B !
If PL could see a time to start paying a small dividend, I reckon more investors would be interested in backing President Energy.. I say this as one who has had shares in Imperial Energy under PL and has a fair amount in President for several years.
Rich Some time ago, someone on this chat line admitted they were shorting the shares. It would be interesting to know who is lending him/them shares to do this. This practice makes me very angry. Unfortunately, this is allowed. Morrison shares have regularly shorted. Just hope they will get caught out one day soon on President. I have been with PL since Imperial days - so I look forward to better days! He is tenacious -if plan A doesn't work, he will resort to plan B
I look forward to the day when the shorters get a shock. Every time they operate, the share prices has gone back up again. Fortunately most private investors invest in Morrisons for the long term..
As a shareholder for many years, I have looked at this website often..This the first I have heard of a division being sold - which one is it and how did you get to know please. With the exception of the CEO, all the BOD are accountants! Anyway, this is good news
SL were either very smart or saw a better potential elsewhere. Redhall were only one of many contractors on a huge Project._£300m, may be more. If they knew that BP could behave that badly - BP, having a culture of feeling smarter than others, thrive on litigation and throwing their weight around - then they guessed rightly. Vivergo could well prove to be a poor investment for BP - another reason why BP have behaved so badly. Lets look at the positive side - Redhall have a lot of goodwill, other institutions have come in to back them, HSBC have given them excellent support and the Directors have a stake/increasing stake in the Company.If you are backing a relatively small Company, there will be times when one has to be very,,very patient. I am looking forward to hearing good news at their next AGM, Feb.2015
Private investors have had an awful run over the past 3 years. That Vivergo contract was a disaster for Redhall. As I understand the situation, Bp as part of Vivergo dug their heels in and were not going to lose more money on this expensive ethanol plant and so offered a small amount to Redhall. Bp are big, Redhall are small - so no matter how aggrieved Redhall might have felt, they were not going to get mucht money from the Bastard People. I attended the General Meeting on 26/3. The good news is HSBC are behind Redhall, the £7m has been raised. From now on the situation should improve albeit slowly. The UK recovery is slow, so will be Redhall's recovery. PIs will have to be very patient. As one, I will look forward to hearing a much better repot at the next AGM in Feb 2015.