Member Info for WLondonHunter

can't buy 50quid worth of shares-have to go negotiated trade the quotes i'm getting for selling my shares, 23.25p SP still 22.5, wtf!!

and previous buys this morning at 24.3-24.5 p range 23p the resistance-the immediate resistance line to smash here..

I can't even buy 200 quid worth of shares-not surprising in this rather illiquid share they are offering 23p for mine, which I won't sell. still SP shows as 22.5....

I think this news may underpin what the charts have been saying for weeks

Sp above 50, 100 and 200 dma. Last time it did that was in that glorious year of 2012 dma 50(currently at 20.94p) has crossed 100dma and attempting to cross 200 (21.09p) Again, last time this share did that it was in 2012-aka the year the sp increased 600% over a few months. nothing is guaranteed, but certainly worth a punt. I am in.

Has bounced off the 502 p in the last few weeks. The big test will be the DMA 100, currently at 560 p-let's see if it can break that reassuringly. I could be a good moment to get in, imho

I would say that has held very well over the last few weeks. I wouldn't be surprised if we could see a leg up developing here very soon.

over the next few days? getting quite oversold now,so may go down, but will the DMA 200 (21.7 today)hold or are we going back to the late teens again? will know soon....

the changes in the board announced yesterday probably made a few PIs unconfortable wondering about the reasons of these resignations. I was also surprised and wondered why the 3 of them left at the same time.... The more I think about the board changes the more I see a very strong connection with the mysterious Hepworth requesting to have one of their people in our board. The more i think about Hepworth's request, the more it makes me think they want to convert the loan note into shares. The more I think about a Russian entity becoming the biggest shareholder at PAN, the more it makes me think this has got to be related to Rosbunker. The more I think about Rosbunker the more I see a windfall of several million pounds, potentially the size of our current market cap; but also, since yesterday , when I think about Rosbunker I also think of a Russian shareholder wanting to retain Rosbunker in PAN and therefore not selling it. Then, I can clearly see a Russian shareholder willing to put more cash to buy the other 50% of Rosbunker. So the more I I think about this request for a Hepworth NED in our board, the more I wonder if this is just the beginning of a Russian takeover of the mighty PAN. Maybe I am thinking too much but, are you, sellers, thinking at all? Who said there were not rampers in here? here I am. Good night all.

above DMA200 for the first time since mid last year. RSI starting to get a bit oversold, but i reckon still a long way to go...

Re deadline, at the AGM I also got the impression, reading between the lines, it may b linked to a deal, but didn't disclose or specify anything. Re rosbunker deal, I know most of us are waiting for a sale, and I already said in past posts, that we may not get full book value, but hopefully, a good enough deal. Also is worth reminding that, I understand, all options for rosbunker deal are open, including buying the other 50%. If we had a Russian shareholder , that could also make sense.....

we are 8% down today, and I am not surprised some people had the instinctive reaction to sell, given the news of changes in board. As said by Pantastic, that drop was on a very low volume though and it's well worth noting. I have been thinking the whole day, trying to understand all this news of board change. Putting some of my thoughts below: I may be missing something, but it was only in the RNS of a couple of weeks ago I first heard of Hepworth’s request to have a rep in PAN’s Board. Coincidence that the 3 other Directors leave only a week later? I don't think so. I don’t know much about Hepworth , but I have looked in a few databases and in Google and can’t really find much, only that they seem to be Russian and it seems they may be linked to Uralsib, the financial institution and Lukoil. Now, on the understanding that Hepworth own all the £8 mill worth of loan notes, if that debt was converted into shares( as their request to have presence in the board may suggest,) Hepworth would effectively end up owning more than a quarter of PAN (!!!) and that would make them the biggest shareholder. Is that perhaps the reason why the 3 D left? Now, why would a Russian entity want to have so much say in PAN? Strategically, I can see why a Russian company would be interested in a business of an excellent network of bunkering/container facilities across Northern Europe. I think that's clear for everyone too and I don't even need to expand on that. More specifically, the idea of a potential Russian shareholder makes me think that it could also relate to the Rosbunker transaction. The implications of a Russian shareholder in a potential Rosbunker deal could be many..........

Did they come up with the first loan issue or the refinancing of late last year? .i don't know much about them, it seems they may be linked to Russian money. do you or anyone else here know more about them?

can someone remind me when did they come into the scene?

To keep it simple, the question I’ve been asking myself in the last 3 hours is…. why have 3 members of the board resigned at once? -discontent with Hepworth’s proposal to appoint one of its representatives to the board. Did Richard, Adrian and Louis feel the independence of the board was compromised with such an appointment and therefore decided to leave? -is there another “exceptional” like Rosbunker in 2011 about to happen? If that’s the case, I doubt it would be in Rotterdam or Denmark, but maybe something related to the terms of a potential Rosbunker deal about to happen? -is PAN about to be taken over so the 3 guys felt, for whatever reason (?), it was best for them not to be involved in that process? Any honest, good feedback on the above would be much appreciated.

Just a quick note with my thoughts re Rosbunker. I am also expecting and hoping it will be sold and I understand the value attributed to it is circa £20Mill. However, I view that figure almost as an asking price or starting point in the negotiations; so IF we end up selling Rosbunker, it may not be for the full 20 mill. It could well be for slightly less, yet still a very good deal. In any case, we should get enough cash to pay our debts and keep a few million in the bank, de-risk the profile of the company and move forward with more acquisitions and cash generation. As a consequence, I maintain my 40-50 p target price for mid next year.

Am a long term holder here and I admit I was a bit disillusioned with bad debt provisions last time. In all honesty I thought that would make this share go lower. However I was gladly surprised to see how resilient the sp has been in the last months. So whilst I agree with the fact this share has some negative exceptionals every now and then it seems the market is already discounting them in the price precisely because those exceptionals are somehow expected. Conclusion is that the downside is v low and with some positive news pan should be repriced to the upside. What I learnt at the agm makes me believe that lots of positive news will come between now and April....

this also looks good, check out the sp in relation to the DMA 50. We may be seeing the begginings of another spike like in Jan of this year. Momentum indicators much room to go still

hard to understand those trades as they seem to be undone. In any case, there's been good buying in the last weeks, me included, and I am expecting a rally imminently.

cannot be too far off...