Parkmead Group (The) Live Discussion

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TheDell 02 Feb 2019

Bouncing along the bottom Hello callsign, solid base building is happening behind the scenes of that there is no doubt. We await ignition, and a breakout of proportion.

callsignzulu 01 Feb 2019

What's in the pipeline The Dell… yes did wonder why Arden had came on board… you are correct with the report. A statement from Tom at 2017 AGM. “Ryan and I will be going round the money houses “ So it appears GPA is coming to fruition !

TheDell 01 Feb 2019

What's in the pipeline It was reported 12 month’s ago (give or take) Tom and Ryan were off to the city to seek investment funding for targeted projects. " Money Men " being the quote at that time. Maybe now as reported in todays RNS Arden are the people who maybe able to bring that serious cash to the table for the many potentially highly lucrative gas and oil fields that are now in Parkmeads portfolio of assets.

TheDell 26 Jan 2019

Roast Beef or Semolina One last thing, I realise that this platform is not a political forum, but if:- The United Kingdom does not leave the EU on the 29th March 2019, then all sitting MPs and the speaker of the House of Commons should be arrested for the dereliction of duty and abuse of power in public office. All those found guilty should be given a custodial sentence, stripped of all pension rights and banned from ever holding a public office again. Last!!

TheDell 24 Jan 2019

Onwards and upwards Time to forget the Blair years, and get back to being Great Britain again. That’s my piece!! Now then, about the GPA what’s the percentage?

TheDell 22 Jan 2019

Frustration! Come on lets be off!!

TheDell 20 Jan 2019

Frustration! There seems no confidence in the market at the present time. The Parkmead share price is down again despite the oil price rise, a no deal might not be a bad deal then we can “morph” into something else, break this stalemate and move on. For heavens sake!! Good idea or bad idea anybody know??

TheDell 16 Jan 2019

Total sell off Total are selling off 24 gas wells offshore the Netherlands in the hope of raising 200- 250 million. The statement quotes that a major share of those are for decom , might be a deal there.

TheDell 08 Jan 2019

Anything doing Any sort of deal whatever it may be must bring the sp close to Panmures valuation of 75p - 85p. A series of deals over the next 12 months would bring massive performance upside, hopefully best performer again. Simon of |I C forecasts a net profits improvement for the next 6 months. The pot simmers.

NoQuestionMarks 08 Jan 2019

Anything doing I think it was just that there was a mention in the investors chronicle, we were on last years bargain shares of 2018 and finished as their best performer. We are in their bargain list for 2019. Those commercial negotiations with the Scott partners are hopefully progressing well. There are several partners (Nexen, Dana, MOL, Edison, Maersk) who will all have internal negotiations so I think we will have to be patient for a while yet. The 50p support seems to be holding which is of some comfort. GL.

TheDell 07 Jan 2019

Anything doing Today’s price rise !! Probably market makers upping the price back to a realistic level after dropping it pre Christmas so they would not have been caught out if oil price had fallen again over the season. Oil price looks to be stabilizing nicely on the back of cappings. The gas price remains strong however and is positive for the Diever production. Hopefully news soon. Whispers Cluff may anounce drilling ahead, hopefully it might involve Parkmead.

TheDell 27 Nov 2018

Results Background noise everywhere,deals take time confidentiality with many suitors is a game of poker, what will be will be. A win win situation is only time.

TheDell 17 Nov 2018

Results Off interest only if Parkmead are involved. The 31st Licensing round allocations will be announced sometime Q2.

The_Marin 16 Nov 2018

Results It looks like to me that Parkmead are being asked to concede a lot of the GPA license to Nexen in return for development help, perhaps too much and that’s why things have stalled. An increase in 2P reserves will help but there’s still something fishy about the whole thing. Tie backs are not uncommon and with today’s modern technology and equipment they can be developed fairly quickly if its worth developing. Getting something from this field is better than getting nothing which is what they are getting at the moment. West of Shetland has also been disappointing considering the amount of activity in this area. The company is treading water and taking a long time to go no where. I look out for some crooked tipster to recommend the stock in the next week or so and get out.

NoQuestionMarks 16 Nov 2018

Results mmm… Glass half empty opinion there methinks. A glass half full chap would say they have invested £5.2m in increasing their asset base, and yet, have only spent £3m of their cash. With the FPM shareholding we have getting on for £30m in the bank and NO DEBT. There aren’t too many companies on AIM that can say that. Just my opinion.

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