OmniChart

RUR broomfielder 30 Sep 2015

Interim Results - An Unmitigated Disaster I think even the most seasoned analyst will struggle to have seen a Company suffer from the scale and extent / diversity of risk associated losses incurred by Rurelec.With Exchange rate / currency, political and operative risks, the ultimate must surely be the embarrassing admission that the Company don't even have the industry expertise to run their own operations.Oh, perhaps I should also have said the Company is insolvent and while it MAY have a future it is clearly dependent on the short term desperate need to raise funds be they debt or equity. They have admitted to difficulty here with there being no guarantee of success.Ii is not disclosed what if any headroom exists within current borrowing facilities but with Overheads continuing to be 'disproportionately high' the level of cash burn would suggest time is certainly not on the Company's side.Make no mistake, this Company is at the edge of the precipice an I take no satisfaction in witnessing the debacle that is Rurelec over the past few years acknowledging that the farce of the Bolivian settlement was catalyst for its plight. However even that situation simply reflected the scale and type of risk the Company was prepared to undertake in its countries of operation.I have long ago written off this investment and getting any meaningful value going forward would need investment from someone prepared to face similar risks to those which have already brought the Company to its knees. That rather limits the field somewhat in my view!B

ENEG DShox 30 Sep 2015

Don't fall for this After all the years of watching Enegi, this BoD and playing on AIM - do not fall for this mm driven price rise. Minty desperately needs your money to keep this basket case alive.

MTR scotchoverice 30 Sep 2015

IF MTR are to buy assets they need money. As does ay company. The direct investment arm provides a unique approach to protect shareholder value

ULT wulwirth 30 Sep 2015

kate Supported, service‐user led, computerised cognitive behavioural essential maintenance on Wednesday 19th August 2015.Kate Cavanagh is a Consultant to Ultrasis plc, who market Beating the Blues. ... This paper seeks to describe innovative third sector, service‐user led CCBT ...[link] she know they are bust?

NOP MR NIEVE 30 Sep 2015

Re: The final count down You really are joking Sav.They will do none of the things you suggest ,but they will make sure that their bank transfers are well set up for their salaries.Consolidation next Then issue then borrowLoads a money!!!!!

DX southernstar 30 Sep 2015

IC remain buyers New contracts, cost cutting and a major restructuring programme enabled the parcels and documents distributor to maintain a cash profit at £33.7 M. The elimination of DXs debt pile also leaves the fat dividend looking affordable. I fancy that divi...!! and if IC is correct, there should be an SP rise from here as well.

AVG Lion Rock 30 Sep 2015

Results! Given they had a double whammy from both segments (Oil Industry & Aerospace)I feel they did well to contain the damage that it wrought. Coupled with that knowing they would take a hit, perhaps in bringing forward pre conceived restructuring they took the opportunity to "kitchen sink " and get all costs out of the way.Some good long term orders in the pipeline coupled with a resurgent Crown that could see its prospects for a trade sale being brighter now should help to streamline things further.

NOP savenierres 30 Sep 2015

Re: The final count down Well that did not take very long did it?bid price is now 3.75p and market cap is about £4 million So the next milestone is 3p and it must be odds on for that to arrive very soon - today? tomorrow? before Christmas I'd betAnd still the management draws their salaries It has obviously not crossed their minds that they ought to a) waive their remunerationorb) accept payment in shares instead of cashorc) wind the co up and distribute its last few pounds to the shareholders who have lost almost everything ord) demonstrate their confidence and committment by buying shares with their own money at the current priceThey really are a greedy lotDo you remember how only a few months back they wasted money having a new executive incentive scheme devised and implemented to replace the existing one because the share price had fallen so low they would never get paid out? Was that good value for money for shareholders do you think?

ENRT nipper22 30 Sep 2015

Couple of points. I do wish that iii would get the share price right.Here it's 30-40,on all other sites it's 25-35.Won't be attending the AGM now that it's been moved to London, too much hassle but will be looking forward to seeing the comments by those who can make it.

UNG gordonmurr 30 Sep 2015

What will it take to move these up? What will it take to move these up?Great report,great prospects, great board. So why are we stuck-in-a-rut?

ENRT Thomas Tallis 30 Sep 2015

Interims How does the news in the Interims square with the views of MW in his "Curtain Down on the Horror Show" article?My comments -"decided not to proceed with the previously announced intended acquisition" - one less carrot for us to bother about.So, the acquisition goes the way of the Chinese deal - well not quite, at least they have told us that it is off, whereas the Chinese deal is still a mystery.I hope the new man has new policy on communication and intends to keep us informed.Does this offeirng, the Interim Results, offer any incentive to buy ENRT shares?The collaboration with ARUP was set up in 2007. After eight years, perhaps it is still too soon to expect something tangible to result from it, but perhaps I am too impatient.I wonder what carrots they will produce at the AGM?This is nothing more than waffle and chit chat as we wait a little longer.

NOP MR NIEVE 30 Sep 2015

Re: The final count down I have said before,They will not throw in the towel,These are hard faced,ruthless business men ,who will have to be dragged kicking and screaming from the fatted cow, which is NOP,More issues more borrowing.

AFPO jaja 30 Sep 2015

LGO moving up... huge buying trades there, its even cheaper than UKOG now

BLUR paccamac 30 Sep 2015

FRC findings Vindication this morning that blur's revenue recognition and accounting over the past 5 years has been pure fantasy. One wonders if shareholders will now bring a class action against the company given the hype that pushed the shares up past £7 was based on complete and utter lies from charlatan Philip Letts. The guy should be removed from the board immediately and prosecuted.

ENRT Thomas Tallis 30 Sep 2015

MW - new names? What did MW says about new names?