Member Info for taudelta

I've looked at YPF's and AEN's SP charts over the past month... they are nearly exact opposites, at least 80% of the time the SPs are moving in opposite directions, and the key turning points coincide (and are opposites). I think that this might suggest that as the "provinces versus feds-plus-YPF battle" swings from one side gaining to the other side gaining, this is the driving factor for the AEN SP (and YPF's). That's the easy bit.. figuring out the main political factors let alone the outcome not so easy!

It's mainly that I'm not a big believer in France, and also don't think their UK PEDLs are nearly so interesting as EDR's (or IGAS's)... haven't got any feeling either way about management...

EOG: France one of three "legs", others being UK PEDLs and Offshore Ireland... I don't like the co, just answering your question!

Hi, thanks for response, and this is a good find. Think the word "discovery" is the American legal term referring to the uncovering of info... in this case info in Chevron's possession about YPF's assets, demanded by the litigants. They would then proceed to taking possession of assets. But can't understand how a US court can grab non-US assets belonging to a foreign non-governmental entity (i.e. YPF). Yes Obama on board, and article says he is also worried about Argy courts grabbing US assets reciprocally. I don't think in any case that any of the Chevron-YPF licences are in blocks with AEN participation as they are newly allocated licences. Think the main problem for AEN may be that this is distracting YPF from any drilling, and they might even deliberately stall drills until this blows over. Also this plus the provincial dispute makes it very difficult for AEN to make a presentation, since it can't offer any clarity about the political situation. GL!

how fair to LFC is that? ... tucked away at Melwood with anger management psychs and BR keeping an eye on things, doesn't bite, even wins gongs ... goes off to Uruguay camp, bites ... result: misses 9 Uruguay fixtures but 12 LFC games (9 PL + 3 CL). FIFA goes from bad to worse, IMO! ..... GL folks

SP up ... any comments on what's going on, folks? .... el precio sube.. ? quien sabe que pasa ?

The provinces are continuing to battle on against the Kirchner federal government and YPF. Mendoza Province has defied the federal government by offering 8 new exploration areas in return for provincial participation in the upside. Mendoza, Neuquen etc haven't given up the fight and the final outcome looks less and less clear....... see this in La Nacion, the leading Argy "broadsheet" and business paper............................... http://www.lanacion.com.ar/1704578-avanza-en-mendoza-una-licitacion-objetada-por-ypf

Found the LOL side of last night's Suarez affair... looking for some oil and gas stuff in a Paraguayan paper, and found this (Paraguay/Uruguay relationship a bit like France/UK; "mordredor" loosely = yard dog, pit bull etc)......... http://www.lanacion.com.py/articulo/168998-el-mordedor-suarez-podria-ser-sancionado-por-la-fifa.html

IGAS RNS today notes completion of 3D seismic and intention to progress as rapidly as possible.

... isn't really stunning, given £9.8 in the first half (although £20 mln could be a conservative estimate given there are still five weeks to go). However, think the margins will be good given it is likely there will be a high proportion of juicy consultancy revenue (driven by franchise musical chairs activity being high this year). All in all, the high valuation probably just about justified but DYORR, folks.

Seen quite a few Blackrock reductions recently, not just in oil & gas ... think they may be going bear on the market in general and raising liquidity.

Hooray, just got the funds (at Selftrade).. hope you collect soon...

See my post on the IGAS board

I haven't had my money back yet into brokerage cash account in respect of excess shares not awarded ... have you, folks?

Yes supermarkets finding life tough in other products, are emphasising wine ... will impact at the margin (even though for parallel quality I find MJW much more attractively priced.. and about equal to the Wine Society who are a non-profit making mutual.) Agree re demand worries... 2015 election important as I think Labour will hit the pockets of MJW's typical customer quite hard.

Agreed, also final div was flat (total div up only because interim was up). Tough environment selling to us 6-bottlers ... hopefully they will make some more inroads into restaurant/hotel/corporate drinks market.

It seems possible that that recent run in the PRZ SP is inspired by what's going on at Pizza Express .. owned by private equity (PE) and for sale (potentially to new PE owners) .. the auction is attracting big interest.. today's Sunday Times talks of a "bidding war" and says Pizza Express (with 400 + British outlets) is likely to transact at over £1 billion. I don't know how Pizza Express's turnover and profit per restaurant compare with PRZ, but on a simplistic "per outlet" valuation, the potential Pizza Express transaction would imply a PRZ valuation of over £500 mln, which compares with the current MC of about £350 mln ... as ever DYOR folks....

RNS 3 June (re result of open offer and excess offer); RNS 5 June (re date of shares distribution). Seems like usual institutional pressure as a placing is eventually digested.. Premier yes a vote of confidence but doesn't signify other interest as they are an oil industry "affiliate" not an II. IMO best to invest on fundamentals... I thoroughly recommend (free) reports on the Edison Research website

u will get your entire 187 basic but only just over 9% of the excess u applied for (was heavily oversubscribed)

theoretical Thurs 12 I think but your broker may need a day or two to set it up in the stock ledger