Member Info for kenniGT

ups again, how many more ?
https://www.ventusky.com/?p=26.11;-88.86;6&l=wind-10m

Happy you have to mental to compare PMO to 50bln BP depbt.
but if you want to stick to BP, use similar size AKER BP
https://akerbp.com/en/investor/the-share/share-performance/

They have Mcap now £4.4bln with $4bln debt
https://akerbp.com/en/investor/debt-and-bonds/

Latest on Tolmount here https://twitter.com/PremierOilplc

They try to spook LTH to sell at the lowest level ever.
Merger in Q1 2020 should raise the sp to 20-25p at least.

I wonder how many shares will be on share market to buy, as most will be in hands of newco owners and creditors.
Might be that only PMO current owners shares will be there to buy, hence now MM are doing everything to get them cheap.

This can go even to 1p. I do not care. I can wait for newco :)

Another mistake,
This is wrong ---- Sp in todays money between 24.5-27.5p (5% - 5.4%) ----
Mcap would be 245-275mln and divided by share in issue 926mln it gives SP 26.5 - 29.7p

So in good days Sp should go above 60p in todays money.

LOL
Couple calculations mistakes more and we will go above 100p :D

I made mistake, PMOnewco dept is in dollars so £2.45bln
So..
£7.57bln - £2.45bln PMOnewco debt = £5.12bln PMOnewco Mcap. Methinks that should be minimum valuation. So Sp in todays money between 24.5-27.5p (5% - 5.4%)

Meaning in good days PMOnewco should go above 50p

And AkerBP is down 50% from beginning of 2020
https://akerbp.com/en/investor/the-share/share-performance/

I would say in post covid days, PMO newco could trade as todays sp 40-50p

Aker BP has 4bln$ debt, current Mcap 54.5bln NOK = 5.88bln$
4bln$ debt + 5.88bln$ Mcap = 9.88bln $ valuation = £7.57bln

£7.57bln - £3.2bln PMOnewco debt = £4.37bln PMOnewco Mcap. Methinks that should be minimum valuation. So Sp in todays money between 22-24p

Instytutions has to sell in certian situations, methinks was the case here

I wish GL all investors as we fighting against rigged system, which is put in place to f* us over and over again.
SP is down to MM, and theirs idea what can they get away with.
All calculation suggest sp after merger should be as today equivalent of 23-25p, so with 8p top up, luck will be needed. Methinks. Hence GL.

GL with that

Well maybe earlier, we do not know time limit, 1Q 2021

In half a year 100% rise due to merge and 250kbpd seams reasonable. After crisis 200%. Methinks.

And Aker BP debt facilities are in region $4bln:
https://akerbp.com/en/investor/debt-and-bonds/#:~:text=Aker%20BP's%20long%2Dterm%20interest,of%20bank%20facilities%20and%20bonds.&text=The%20main%20bank%20facility%20is,Facilities%20(%E2%80%9CRCF%E2%80%9D).

Aker BP At the moment (crisis) - worth 53bln NOK, so around £4.4bln and $5.7bln
https://akerbp.com/en/investor/the-share/share-performance/

If compare like to like, PMO after merger (as both in the crisis) it could be around £4.4bln, so in todays market cap, 220mln (5%). And that would mean sp at current level 23.75p.

Here is PMO comparison to Aker BP in the table as before clisis - $9.2bln, which is £7bln
https://www.hellenicshippingnews.com/wp-content/uploads/2020/10/11111-1.jpg

After crisis, if PMO merger could go to around £7bln Mcap, this would mean as per today mcap £350mln ,and SP 38p.
That is 200% from todays level.

Could, would, should?

NO chance, angus shareholders are trying for a year with no result...
City of London is a fraud castle. Well protected as gov thinks they are essential to economy, true is they are cancer.

I think they have W@nky-W@nky moment right now

I think they have ****y-****y moment right now

What news we can have here?