Urals Energy PLC Discussion Board http://www.iii.co.uk/investment/detail?code=cotn:UEN.L&display=discussion http://www.iii.co.uk/icons/logos/uk_logo.gif http://www.iii.co.uk tag:iii.co.uk,2003:tst.6089586 http://www.iii.co.uk/investment/detail?code=cotn:UEN.L&display=discussion&id=6089586&action=detail Wed, 17 Mar 2010 11:09:00 GMT Rattlesnake28 tag:iii.co.uk,2003:tst.6082033
Who in their right mind would have spent months negotiating with Sberbank and the authorities to keep this business afloat....in fact, re-list it, if it was not worthwhile. At the moment its all a guessing game, but a producing oil company for 12 million quid, most of its debts covered in one way or another........looks like a bit of a bargain to me.

By rickyroman ]]> http://www.iii.co.uk/investment/detail?code=cotn:UEN.L&display=discussion&id=6082033&action=detail Tue, 16 Mar 2010 07:02:00 GMT rickyroman tag:iii.co.uk,2003:tst.6081814
Remain patient and keep the faith as fundamentals always rule. By Urals1 ]]> http://www.iii.co.uk/investment/detail?code=cotn:UEN.L&display=discussion&id=6081814&action=detail Tue, 16 Mar 2010 05:32:00 GMT Urals1 tag:iii.co.uk,2003:tst.6081232
All am saying is probability strongly favours being patient here. There is a very strong possibility some holders will panic or get bored and sell up. Often the biggest mistake many investors make and one that I fear a lot of people might just live to strongly regret. Imagine what you would feel like after all this time if things suddenly take off and you ain't in. Am not the most knowledgeable of investors in some respects but I play the percentages and I think the sums represent a no brainer here guys! Its a strategy that pays over time.

If folk sell up and the price dips further I will most certainly buy a few more as the potential upside will increase further. Lets say if you bought shares in 5 companies like this one and were patient you could make loads of cash. 1 or 2 might go bust and another might do next to nothing but you only need 1 or 2 to rise significantly are you would make a cracking profit. You only need to look at how quick GKP and CHAR moved once things kicked off.

GL to ALL holders!
By RiskandReward74 ]]> http://www.iii.co.uk/investment/detail?code=cotn:UEN.L&display=discussion&id=6081232&action=detail Mon, 15 Mar 2010 20:26:00 GMT RiskandReward74 tag:iii.co.uk,2003:tst.6080776

By Speculative_Investor ]]> http://www.iii.co.uk/investment/detail?code=cotn:UEN.L&display=discussion&id=6080776&action=detail Mon, 15 Mar 2010 18:16:00 GMT Speculative_Investor tag:iii.co.uk,2003:tst.6074585
The only difference on the wait now is we're relisted. I would expect the same sort of wait whislt we're suspended i.e. not major movement or news.

Just stay in and wait sort of thing. What a boring share eh?! By Speculative_Investor ]]> http://www.iii.co.uk/investment/detail?code=cotn:UEN.L&display=discussion&id=6074585&action=detail Sun, 14 Mar 2010 07:30:00 GMT Speculative_Investor tag:iii.co.uk,2003:tst.6074507 Year this way or that way. Who cares LOL By slepy ]]> http://www.iii.co.uk/investment/detail?code=cotn:UEN.L&display=discussion&id=6074507&action=detail Sun, 14 Mar 2010 01:34:00 GMT slepy tag:iii.co.uk,2003:tst.6074153
Are we expecting anything?

SI By Speculative_Investor ]]> http://www.iii.co.uk/investment/detail?code=cotn:UEN.L&display=discussion&id=6074153&action=detail Sat, 13 Mar 2010 19:34:00 GMT Speculative_Investor tag:iii.co.uk,2003:tst.6072792
GL all
TL1 By theloved1 ]]> http://www.iii.co.uk/investment/detail?code=cotn:UEN.L&display=discussion&id=6072792&action=detail Fri, 12 Mar 2010 22:15:00 GMT theloved1 tag:iii.co.uk,2003:tst.6053703

For 2006 annual accounts came out end April 2007 and for 2007 came out end of June 2008

for 2008 we know what happened:-

Annual accounts and suspension of trading in shares on AIM
As a consequence of the status of discussions with Sberbank, the Company is considering the basis of preparation of its annual accounts for the year ended 31 December 2008. As a result, the Company will not be able to meet its obligations under AIM Rule 19 to publish its annual audited accounts by the deadline of 30 June 2009. In these circumstances, trading in the Company's shares on AIM will be suspended with immediate effect.

So they have till end June to publish the full year accounts from 2009

Hold in there

GL
TL1



By theloved1 ]]> http://www.iii.co.uk/investment/detail?code=cotn:UEN.L&display=discussion&id=6053703&action=detail Tue, 09 Mar 2010 21:09:00 GMT theloved1 tag:iii.co.uk,2003:tst.6053486
Anybody who is more experienced could kindly add some meat to the bone please? By Speculative_Investor ]]> http://www.iii.co.uk/investment/detail?code=cotn:UEN.L&display=discussion&id=6053486&action=detail Tue, 09 Mar 2010 20:08:00 GMT Speculative_Investor tag:iii.co.uk,2003:tst.6052587
At least the "fair value" some suggest.

Still a lot of unknowns on this share but I bought some more today.

By Elena Saratov ]]> http://www.iii.co.uk/investment/detail?code=cotn:UEN.L&display=discussion&id=6052587&action=detail Tue, 09 Mar 2010 16:48:00 GMT Elena Saratov tag:iii.co.uk,2003:tst.6045453
another fall today....hopefully some update due soon.... By caley02 ]]> http://www.iii.co.uk/investment/detail?code=cotn:UEN.L&display=discussion&id=6045453&action=detail Mon, 08 Mar 2010 13:57:00 GMT caley02 tag:iii.co.uk,2003:tst.6045003 Just been looking through Fox – Davies website and found the following…………

The range of value is US$10-15/b for 2P reserves, using median or mean as representative

http://www.fox-davies.com/media/135315/flowenergyinitiatingcoveragefeb3rd2010.pdf

see page 8 for table anaylsis of different companies

………………………………………………………

Then we have Rencap and the following………

The 2009 interim report (released today) carries little new information given that the company issued an operating update on 7 Dec when it released its much-delayed 2008 accounts. Of interest, we note the reduction of net debt to Petraco to $33.3mn (from $41.3mn reported on 7 Dec). Although this debt is almost fully offset by a $32.7mn loan receivable by UEN in Feb 2015, the durations do not match, having caused UEN to default on its previously agreed repayment schedule. UEN has proposed amendments to its agreement with Petraco (including providing the latter with additional security), but this has not yet yielded an agreement.

New strategic priorities. Following the successful resolution of UEN's Sberbank debts during 2009, the company has identified four strategic priorities for 2010: 1) the restructuring of the Petraco debt; 2) an early production increase from the existing wells at Arcticneft and Petrosakh (from the current level of just 2.3kbpd); 3) the development of future drilling programmes; and 4) seeking possible corporate transactions to maximise shareholder value.

Up or down? UEN's last closing price - before suspension on 30 June - was GBP0.09/share. Much has changed since; most notably, the bankruptcy threat has been substantially reduced following the recent termination of the Ashmore put option for nil consideration, announced on 19 Nov. Valuing both Arcticneft and Petrosakh at an estimated EV/2P multiple of $1/boe, and accounting for Petraco debt and the loan receivable at face value, we calculate UEN's fair value at GBP0.22/share, which we now set as our target price (previously Under Review). We note, however, that this estimate is subject to revision following the pending restructuring of the Petraco debt.

……………………………………………

So the sector is $10-15 boe for valuation purposes yet UEN “fair value” is based on $1boe

Why have Rencap used this figure ? Is it just purely down to the current low mkt cap at present and using say even $5boe (50%discount to the lower end) would mean many multiples of the sp (110p)

.......................

So currently with sp @ 7.5p we're vauled @ approx $0.34boe !!

Anyone any thoughts other than fill your boots ?

Dicko By dicko80 ]]> http://www.iii.co.uk/investment/detail?code=cotn:UEN.L&display=discussion&id=6045003&action=detail Mon, 08 Mar 2010 12:29:00 GMT dicko80 tag:iii.co.uk,2003:tst.6041048
russian oilers have a tendancy of doing a mandelson is lending certain people big lumps of money to buy houses ie SBE recently ,yes we have done the same but the monies will be repaid.

Contrary to myth russia is politically stable if putin and his puppet government wanted uen they would have had it .

The big holders are still in there and may have accumulated .

Over on advfn we have seen to me 2 blatant attacks by rampers ie we have heard this and that big buy must be a russian oligarth when its been the poster and many have fell for it .

If it goes up slowly so be it a better foundation .

So as the previous poster says put them away and when you book your 2 weeks to magaluff see the sp and upgrade to tenerife or elevenarife By yuyus ]]> http://www.iii.co.uk/investment/detail?code=cotn:UEN.L&display=discussion&id=6041048&action=detail Sun, 07 Mar 2010 09:56:00 GMT yuyus