Member Info for lemmink

With ZAG results due/over due out and the half year accounting period ended I would guess that CAD is in a closed period. I am pretty sure this means no one with insider knowledge is allowed to buy or sell shares in CAD until the expected results are in the public domain? ie the sp has no support other than what the likes of us give it?

No offence taken, I should have congratulated you (or better followed you!) on your well timed entry earlier, but I was having a sulk. My main reason for letting go of MEC is that CAD's going tits up and I can't fund or worry about two problem areas at once!

Sold for a £1.5k loss ... probably another daft decision on my part! ... GLA

Holding 130,000 (Av =38.3p) ... Limit order (exp 22/08/12) set to sell 10,000 @ 26p ... feeling a bit sulky tbh!

*** http://www.oilandgaseurasia.com/news/p/0/news/15464 *** tax up by 50% estimated to impact on gross margins by 9pp (percentage points??) ... I think it is a share price sensitive matter, but not as important an issue as wether or not production rates will ever improve per se !! (IMO)

Lol, long time no speak ... good here innit!

Holding 110,000 shares ... Limit orders (exp 13/8) set to buy 10,000 shares at 23p, 21p & 19p... DIVE DIVE DIVE!

Limit order (exp 10/08/12) to buy 10,000 @ 26p ... [Holding £17k cash and 100,000 shares Av= 42.8p]

Re:- RPT from memory I paid 17.08p for my regal shares, but posted 17.01 in error, I have not got any non isa cash left to buy more RPT. * Re:- CAD, it's a bit worrying now its on the slide again ... Also CAD has not taken as big a battering as JKX and RPT lately, so could be due a correction (of them upwards or CAD downwards??)

From RNS dated 30 Sep 2010 ... SV 66 was producing 246 boepd ... ... could not find any production figures for MEX 3 ... so not clear if significant production has been lost by the recent water ingress thing?

limit order (exp 6/8/12) placed for 10,000 @ 28p ... [holding 90k av=44.4p]

Hi, I agree things in general are very tricky, but interesting! I'm still about £50k down, (despite injecting £3k of savings) from 14-15 months ago, when my pf peaked, ever so briefly at £140k. * || Re:- CAD - I think we're due news on ZAG operations relating to the currently producing pay zone. ie low risk / not much upside, but disaster if a failure. * || Re:- Tips - I am trying to keep hold of £20k cash, in case something (ISA able) turns up. Otherwise NTBR is a cheap, comfy "Cage" IMO, and I'm stuck there with most of my "non ISA" money ... It's a deep value thing ... PE ratio of 2, small, debt laden, not paying a dividend, totally illiquid ... may need to be held forever! .. not a very good tip? * || Re:- RRL - Never bought any ... did look at it at 3p ... did not like it!! ... looked at it a little since then ... still suspicious of it! .. GL

With reference to the 05/12/11 Disposal RNS ... It was priced at 222m Euros ... and quoted at 7.2 x EBITDA ... It was then adjusted for minority interests and 39 million euros cash ---- todays RNS says proceeds were 195m euros ... which is a 6.3 x EBITDA multiple (IMO) ... not a particularly great price for mecoms only stable looking subsidiary.

Limit order (exp 31/7) placed to buy 10,000 @ 30p

I think he did ok and left ages ago.

from RNS 18/06/12 ... April to June 2012 production averaged 1507 boepd ... SV 66 well is back on production now ... MEX-3 well is off production now (due to suffering water ingress)

Page 7 AR11:--- Production resumed on the "MEX-GOL & SV" field in late July 2011 at a rate of 1502 boepd and over the 5 month period to the end of the year averaged 1653 boepd ... for the first qtr of 2012 it averaged 1769 boepd. * *** Comment *** I think Regal was doing without circa 40-60% of its income in 2011 while continuing to bear full admin costs.

From the latest Annual Report (page 15) ... there are 5 major shareholders who own just under 90% of the company. (as at 19th April 2012)

Bought 15,000 at 17.01p ... just guessing its cheap ... not done any recent research.

Sold 10,000 @ 32.51p holding 80,000 ... because RPT seems a little cheap?