Member Info for grippa

UBS note on #PMO with 170p target - all brokers getting behind the company. Is this one big attempt to boost SP ahead of potential rights issue to fund Chevron N Sea assets or genuine upgrades I wonder.

** Britain's Premier Oil shares up >1 pct after Stifel upgrades to "buy" on benign industry
PauseUnmute

cost outlook

** Stifel says after having been on sidelines with a hold rating since January 2018, thinks this is the moment to turn buyers of Premier

** Co's CEO said upward revision of 2019 output guidance possible

** Co also said is looking at acquisitions in North Sea

** Stifel says implied dilution of potential North Sea asset purchase is already in the price

** The broker believes it is the stock in its coverage universe that stands to benefit from prolonged continuation of current deflationary cost environment thanks to a development-heavy project portfolio

** Says absent an acquisition, Premier should perform in a lower-for-longer oilfield services cost environment due to its development-heavy project pipeline

** Stifel raises PT by 15p to 140p

#PMO Stifel upgrade 15p to 140p - stress need 'to renew the production base and is reliant on its pipeline of development assets, Tolmount (UK), Zama (Mexico) and Sea Lion (Falklands), in order to do so.' #RKH

Thanks MrD Has been one of my best weeks for a very long time hope it continues!!!

what dose crossing the 100day moving average next week mean in layman terms please. i.e. what dose it equate to in prices please??

Sounds plausible to me!!

Agree Loz think 37 will be the bottom but it could be achieved. Good luck mate!!

Even PMO can not guarantee this is defiantly whats happening but thats what they think is happening and they have always come across as open and honest to me!!

I also asked IR if there were any upcoming interviews and was told Malcy is interviewing in a few weeks time!! There have been on the road doing presentations to investors and have a few more planned for the next few weeks. I think were in a good company with good fundamentals and their doing all they can without being overly hyping in a sound energy kind of way!! I'm quietly confident here for the rest of the year at least!!

Regarding Goldman sachs I rang Investor relations explaining I couldn't understand these RNS's they obviously don't know for sure but they THINK in layman terms this is basically Goldman Sachs buying shares for clients. Its complicated to understand for a mere mortal like myself but its a positive even though the average Joe like myself can not make head nor tail of the RNS. They think this is GS basically buying shares so they clients have PMO exposure!!! THAT WILL DO FOR ME!!! PMO investor relations are very helpful if ever you have any queries and are as open as they can be and not hard line promoting PMO their reassuring to speak to!!!

Thanks Tarth its obviously a good thing and fingers crossed we have another day like it tomorrow, this has been really positive today dose not want to drop!!

Thanks JW this would make sense, as didn't want to drop today even when oil went down we were still staying 89 and above mostly!

Thanks scored whats a PRINT please?? Its a new terminology to me?

JubCap have just tweeted PMO have the highest PRINTS since 16th November 2018 what dose this mean?? PLEASE??!!

Think it's going to be better in a month or 2 but with another 32 million shares coming on the market next mont now isn't the time to buy but once the dust settles after this defiantly seems rosy. How ever I have said this about many AIM companies and have been consistently let down!!

its up 1.1 shows your incompetence no wonder your a born loser!!

Thank you kindly Boom Boom!!!

So I believe some of the shares issued hit the market today, what date do the next shares hit the market guys??

Your very foolish and bitter!!

In hindsight she was a fraudster "I'm in it for the long term" she came in spent a lot of money on a unsuccessful drilling campaign, ok thats never nice but I can accept this it part of the course, but then jumps ship as soon as things didn't go to plan, the total opposite of what she promised. Hope she docent get any more high profile jobs