Member Info for dusterinmong

Ammu

How correct you are done deal and the market looks like it knows 100%

Looks like it now the decks have cleared market went up this morning very interesting indeed

Subject07/1/2019
07:44ashkv: Ophir net assets were US$ 1,087,219,000 as of half year 2018 results on 30 June 2018 Even if impaired for $300mn per announcement Ophir assets are $787 MILLION at current share price of 44.80 and GBPUSD of 1.27 - Ophir market cap is $402.5m - based on assets Ophir Share Price should be near double at 88p, FORTUNA SHOULD HAVE BEEN FULLY PRICED IN - ONLY A NUMBNUTZ WOULD THINK THERE WAS A LESS THAN 95% CHANCE 

Fortuna was already written of in the Dec accounts so no bother, not sure what al this thread is about to be honest.

Simms it would have made no difference at all read above.

ATB

58p offer imho

senn

giant

January 4, 2019 Asia, Company News,Crude Oil, Featured, M&A, Natural Gas, News 0

inShare

The potential acquisition of UK-listed oil and gas company Ophir Energy by Indonesia’s Medco Energi could create a Southeast Asia upstream powerhouse, Kallanish Energy learns from Wood Mackenzie.

According to research director Angus Rodger, a potentially successful deal would make the combined firm the seventh-largest non-national oil company upstream producer in Southeast Asia, above Hess and BP, and just behind Repsol and Total.

On Dec. 31, Ophir announced it was in discussions with Medco over a potential cash offer by the Indonesian firm. No further details have been disclosed, except Medco has a Jan. 28 deadline to formalize its intentions whether or not to make an offer.

Ophir is listed in London but its upstream portfolio includes assets in Thailand, Vietnam, Indonesia, Malaysia, Equatorial Guinea and Tanzania, as well as exploration acreage in Mexico and Bangladesh. The firm currently produces 25,000 barrels of oil-equivalent per day (Boe/d).

“This is a bold move by Medco and, if successful, would create a Southeast Asian upstream powerhouse,” Rodger said, adding Medco would substantially increase its regional footprint and diversify its mature, Indonesia-heavy portfolio.

“It would also bulk up its non-Asian exposure by adding growth options in Tanzania and Equatorial Guinea, to add to its existing positions in Libya, Oman, Yemen, Tunisia and the U.S.,” he added.

No problem mate

That's old news now but thx anyway.

55p for me. like yu state decks are clear

Your guess on any offer New? bit of Sun fun

senn

Hello munch

where do you see an offer price imho? could the FT be correct with 55p after all the wording sounds like it's done deal to me

senn

No it's very simple when or if the offer comes it will have a completion date down the line a month or so for example then the proceeds will go to your broker to put in your account.

or if you want you can sell near the to level once announced

Looks like both parties were waiting for all to be out in the open regarding all of the assets.

The wording suggests you won't have to wait long for the outcome.

55p to 65p could the FT be right after al 55p??? as reported last week

Senn

Sounds like a tad of bromance to me.

Would be really surprised if the deal was not done imho

sorry told

Think one point worth note is when Boothie issued the RNS on weds that both parties were all ready in discussion, with it the rise and leak we would still be in the dark. That leads me to believe that it's a done deal and we would have been rd a to was happening and he price.

up 3.5% to me it's a done deal what price is the question would you take 60p if an ii prob ad how long to get this value waiting

RNS Monday 1 code end of play

Well Inties have the castingvote here by the looks of it if Booth shows the door which I do not see as personally it's been on the cards office moving ECT.

Medco could go hostile and ii could still away it in theory but just cannot see it.

Ophir with poo back up would be around here anyway without the bid if you look at the chart in relation to poo.

Any idea what he is getting at mate?

Newkotb

Sorry mate what you getting at with the Morg Stan stuff

senn