Vincentinvestor1
28 Nov 2014
Re: shareholders apologies for any confusion, cy will be delisted = Adler bidding for remaining shares in collaboration with other institutional/fund holders = T/O bid ( just wonder at what price level?? due to oil price collapse
MartinRTucker
27 Nov 2014
Re: shareholders So if you are so sure this will be delisted, why did you put a strong buy yesterday?
woodcroft53
27 Nov 2014
Re: shareholders I would hope it will be the ex KGB toe rag giving Urals money - not the other way about
Vincentinvestor1
27 Nov 2014
shareholders Adler at 45% - Latvia P Bank at 19% - Sberbank at 7.5% - JP morgan 5% - Petraco 3.5% - Management 5.5% - BNP paribas 2.5% Private investors have been flushed out of this share with less than 13% holdingtake off balance sheets out of this game ( solve Roveikno ) and this will be delistedfyi
Vincentinvestor1
26 Nov 2014
valuation at 5p UEN is worth today 30 cents a barrel as the value of a barrel of oil in the ground depends onthe time taken to get it above ground. UENl's reserves are being depleted at 2.36% ayear; a barrel of UEN is being sold in 29.0 years. If one discounts the receipts at 10%, the present value of UEN's production is about 5% of the well-head value. If onediscounts UENl receipts by 15%, which may not be an excessive allowance for capitalscarcity, the present value is a little under 1%.This explains why there is a huge gain in applying money and know-how to deplete the UENreserves more quickly. One can only hope that UEN will accept that time is money, and that they are better off with a less-than-perfect share of the gains than with holding on to a sterile ownership.THerefore this company will be delisted imo
woodcroft53
26 Nov 2014
Re: RNS If 10 to 12p would do you nicely why didn't you sell last month when it went above that - or did you only buy when it went back down the tubes? I want 20p for all the f'n heartache they have put me through over the years. 10 to 12p just aint gonna cut it.
BuyBAO
26 Nov 2014
I just gave UEN a BUY rating: Receipt of tanker payment and discharge of Petraco loan - r r The Board of Urals Energy (AIM: UEN), the independent exploration and production company with operations in Russia, is pleased to announce that it has received the payment from Petraco Oil Company Limited ("Petraco") following its recent tanker shipment (the "Tanker Payment").r r Following receipt of the Tanker Payment, Urals Energy has also repaid $3.9 million plus interest representing the full amount drawn under the short-term loan from Petraco, further details of which were announced on 6 June 2014.r r Andrew Shrager, Chairman, commented: "We are pleased to be able to announce receipt of the Tanker Payment and the repayment of the short-term loan from Petraco, the result of which is that Urals Energy is now debt free. We look forward to updating shareholders on progress in securing an agreement to settle litigation with Mr V Rovneiko and our operational plans for 2015 over the coming weeks.".. Will I be right? [link]
AsherH
26 Nov 2014
Re: RNS 10-12p do me nicely.gla
Vincentinvestor1
26 Nov 2014
RNS [link] had enough cash left in their accounts to repay outstanding petraco loan without the need for a visit to the shareholders atm ( i was wrong on that assumption !!!!! ) new management is moving forward quicklythey will announce a settlement with Roveikno within a couple of weeksif thats done, they will not have any off balance claims that could jeopardize a quick delisting from the aim marketlook for a 10 - 12 pence bid for delisting, start accumulating asap from current SP levelsimo
Vincentinvestor1
19 Nov 2014
Re: SP Volatility its all there but people should start reading the information cy is providing them, in May of this year UEN had an outstanding loan facility of 7.6 million US$ with Petraco, 28.10 this amount increased to 13.6 million US$ in Octnetback has decreased with 30% this means that UEN is no position today to repay this outstanding amount this is just a short term cash deficiency but it needs to be repaid, either per shareholders atm ( as i explained in the past ) or a debt facility, as long that theres the risk for shareholders dilution SP will not riseimo
woodcroft53
19 Nov 2014
SP Volatility Up & down like a hores drawers and we have already been taken for enough rides with this one!Good to see one millstone removed all the same and must bode well for the future.
BuyBAO
19 Nov 2014
5.4 to buy
Vincentinvestor1
19 Nov 2014
Re: Adler's game plan debt to petraco still needs to be repayed and cash flows in 2014 havent been good, I am still waiting how they will solve this negative cash flow in 2014 ? and how this might impact sp?wait and see imo good luck
rapid ranger
18 Nov 2014
Re: Adler's game plan STILL WAITING FOR YOUR 3P ENTRY?
rapid ranger
18 Nov 2014
Re: Adler's game plan S
