Member Info for mytton

every little helps

Sept - 2 months after restoration of trading. Should be enough time for realistic sp value to appear.
SP doing well today after oil price turmoil last night. Rdsb, pmo tlw enq etc all well down. Just shows how undervalued RRE is.

Oil staging partial recovery after Trump tariff comments. Currently up 2%.
Further US China talks scheduled for 1 September. Trump is a negotiator so just playing hardball - otherwise Chinese would just say one thing and carry on as before.

Wow, Duster, that's terrible. I bet you are glad you're not invested here.

sorry mojo, u already posted that link

https://www.thedrum.com/news/2019/05/13/fifa-product-placement-and-the-future-ads-video-games

so you reckon polx and bids are P & D?
you had better stick with nccl then!! (-4%)

malcy target £37.50 and into his bucket list

malcy fwiw
"I wrote briefly about RockRose last week on return to the market post completion of the Marathon deal and the paperwork being completed, with a promise to finalise thoughts this week. Since then I have spoken to the company and had a chance to assess the numbers which continue to look very positive indeed.

The numbers speak for themselves, production and reserves have effectively doubled and if the Marathon assets are like others acquired, will  naturally increase with time along with a diminution of decommissioning costs being deferred. The company bought shares back when they couldn’t find any better investments than their own stock and have paid one off dividends in the past. This leads me to believe that although not yet elucidated formally, a dividend policy might be forthcoming as cash will continue to pour off the company.

I am taking off the unrestricted cash of £17 per share (restricted is a short £6 in addition) adding the predicted EBITDA with the Marathon assets and get to a target price in excess of £37.50 per share, if further acquisitions, and I am sure there will be some, are as cheap as the historic ones, that valuation will look conservative. For once RRE won’t be suspended during summer maintenance of the bucket list so they will enter this month."

fake

apple
That's like asking a shark if it's safe to go in the water, " Of course it is!!"

£50?
That would be most agreeable.

sad to see this go. this was one of the first shares I ever bought - back when you bought by phone and got a paper contract note in the post!

not much twitter chatter so this may still be under the radar

they delay showing a big buy for 2 hours and make it look like a sell - SP still going up though

happens all the time. I suppose ignore the buy/sell and just look at the price traded for an idea where the SP is going

not all buys are showing . I did a top up at 10.40am at 28.6p - not showing

SP quietly gaining altitude

haggis?

rio rns 7.20am on InvestEgate