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New Bulletin Board Moron of the Week contest - sponsored by Nyota Minerals, motto: "We don't need no stinking cash, assets, or Nomad"
Tom Winnifrith Bonus Bearcast: Uber loses London licence, a dark day for the Capital in a time of economic insanity
Published 74 days ago
San Leon (SLE) has updated on the suspension of its shares - something that has now lasted a week. We have been in constant communication with the company and are relaxed about the situation, not expecting it to last much longer.
Published 276 days ago
San Leon Energy (SLE) has announced an early stage bid approach. Its shares are up to 49.5p on the news just down on our tip price but we hope you've followed our advice since and averaged down so are in the money. San states:
Published 277 days ago
My daughter is here and I shall show paternal devotion shortly and be punished for my many sins as I explain in this podcast. Ahead of that I cover Cloudtag (CTAG), Arria (NLG), Highland Natural Resources (HNR), San Leon (SLE), Aidan Earley and Big Sofa (BST).
Published 341 days ago
After hours announcements are poor form and in that regard we are not wowed by San Leon (SLE) sneaking this out at close to 6 PM earlier this week. On the other hand an adverse Polish court ruling was a) well flagged and b) just not material. San Leon states:
Published 358 days ago
Don't tell the compliance officer round at SP Angel that we have published this as he ( or she, I know not) is a dickhead who reckons that the fine research from that broker should go to institutions only and not peasants like you. But Zac "the knife" Phillips has today published a 100 page report on San Leon (SLE) in which he notes that the shares, now 44.75p after results this morning are worth 101p to 120p. We own the stock so are minded to agree that the shares are very cheap although Zac is perhaps a tad more optimistic than we are.
Published 382 days ago
Hello Share Scuffers. As I write the price of Brent crude is $47.62 dollars a barrel. That is lower than recent days when the price crawled back above $50. However, the trend is up and after reaching a nadir of $38 dollars a year or so ago, well the current oil price is a lot better now than it was.
Published 383 days ago
Oh no, you cry, not that old dog? San Leon Energy (SLE) has suffered disaster after disaster as an AIM stock over the years and its CEO Oisin Fanning appears to have been well rewarded for failure. Anyhow, everyone hates oil stocks. Yes you are correct on all counts which is why the market has failed to recognise what an amazing deal Mr Fanning has just pulled off. The shares will be re-rated rapidly as that sinks in and as oil prices start to push higher - we expect to see $60 oil by Q1 2017. Therefore buy San Leon today at a 45.5p offer.
Published 392 days ago
A rushed day, back to hospital in five minutes. Ahead I discuss why mug punters and Justin the Clown love blue sky rubbish like Cloudtag (CTAG) but not value plays. I discuss three value plays I know well two of which we own: San Leon (SLE), Obtala (OBT) and Guscio (GUSC). Boring is sexy. Then I look at a non value stock mugs like, North River Resources (NRRP). Then I discuss how one plays the game: fraud hunter vs fraudsters and yes that might involve producing mugs!
Published 393 days ago
Well that is the forecast anyway for those who took part in the San Leon (SLE) placing at 45p details of which were announced today. For once we are on the same side as Tosca Fund which did most of the placing as we also had a modest nibble. Delivery is the key but on those sort of forecasts it would be rude not to invest.
Published 651 days ago
Featuring shares in 88 Energy (88E), Cloudbuy (CBUY), Independent Oil & Gas (IOG), LGO Energy (LGO), San Leon Energy (SLE) and Westminster Group (WSG) with share price targets for all five stocks.
Published 705 days ago
Featuring shares in Atlas Development (ADSS), Goldplat (GDP), Metal Tiger (MTR), Oxus Gold (OXS), San Leon Energy (SLE), Victoria Oil & Gas (VOG) with share price targets for all five stocks.
Published 732 days ago
If you want me to analyse a stock for you just drop me a line at [email protected] - Today I look at Petroceltic (PCI) , San Leon Energy (SLE), XLMedia (XLM)
Published 813 days ago
If you want me to analyse a stock for you just drop me a line at [email protected] - Today I look at Castleton Technology (CTP), Netscientific (NSCI), San Leon Energy (SLE).
Published 835 days ago
If you want me to analyse a stock for you just drop me a line at [email protected] - Today I look at Iomart (IOM), Parity (PTY), San Leon Energy (SLE).
Published 844 days ago
Martin Hughes is no mug, you don’t get the nickname “The Rottweiler” for nothing. The head of the US $7 billion Tosca fund doesn’t suffer fools gladly, he has just put £16 million of Tosca’s money into San Leon Energy as part of today’s £29 million Placing. In addition to its current shareholding of approximately 22% in San Leon, this investment would take Tosca's total shareholding after the Placing to approximately 41.5%.
Published 844 days ago
This morning, San Leon Energy (SLE) announced a conditional placing to raise £29million. The proposed price of this fundraising is the equivalent of 0.8p in current money, but San Leon also plans to push through a 100-1 consolidation so the real price will be 80p. Based on the miserable track record of this company, about the only thing it looks like this move could achieve is to open the door to is further future catastrophic dilution.
Published 1214 days ago
San Leon Energy (SLE) is trying its hardest to get noticed by the market. Over the course of May the company has issued three RNSs; one director purchase and two updates on Poland referring to farm-in discussion for the company’s Permian/SW Carboniferous Basin play in Poland. And no one gives a damn.