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XEL Xcite Energy

1.575
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Xcite Energy LSE:XEL London Ordinary Share VGG9828A1194 ORD SHS NPV (CDI)
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 1.575 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 1.575 GBX

Xcite Energy (XEL) Latest News

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Xcite Energy (XEL) Top Chat Posts

Top Posts
Posted at 17/10/2016 11:38 by cyan
I had worked that out, you dim wit.
He was taking the juice, highlighting your history of posting tall stories.

I am not convinced you are that successful with shares;

On 12th September the XEL share price was 2.5p.

If you bought all your shares that day I reckon you paid £75000

If you sold today for 1.5523p (which somebody was lucky to get) you would receive (not counting dealing costs) £46,569

So, in little over a month you would have LOST £28,431

But is it likely you bought all your shares on 12th September especially when you look at your posting history?

The lowest price XEL ever was prior to 12th September was 4.92p on 3rd August.

I think you may be sitting on losses of over £100,000 here.

But, I doubt very much that you've been telling the whole truth.

The bad news for you is that, imo, your XEL shares will at least half in value again and maybe become completely worthless ,in the worst case scenario.
Posted at 17/10/2016 07:07 by whites123
Anyone else here excited about MAYA?

They want to buy back 4,247,500 shares (10%) for a maximum of £5,755,750

They have already bought back 340,000 shares for £205,611

So they still have to buy back 3,907,500 shares with £5,550,139


They can pay up to 142p (£5,550,139 / 3,907,500) to acquire the outstanding stock but for every share they buy below 142p, they can pay more than 142p to complete the buy-back, so the price should keep stepping up.

The objective of the buy back seems to be to get the share price up.

This could triple from here.
Posted at 16/10/2016 15:29 by cyan
I think carla1 is an unreliable price predictor . Was saying XEL was a 50 bagger when the share price was 2p lol;

Another example of fantasy numbers;

carla1 30 Sep '16 - 16:58 - 60479 of 60598 0 0

There is a GAP to close at 8-9p !!
Then who wants 250m B/oil for £200m...
Cheaper than a wildcat Drill...
Loads will want to book those reserves !!!
Bids are IMMINENT !!! 20-30p share !!
=================================================================================

At 5p his possible ten bagger equates to XEL being worth over £1 Billion.

ummmmm
Posted at 16/10/2016 12:52 by cyan
Good afternoon 11_percent.

Yes, am on LSE as cyan2. I would have liked just 'cyan' again but that was taken.

Harsh? Not in my opinion. This share has a lot further to fall and ZERO is not off the table yet if 'no' wins.

We know the company itself values the assets at somewhere below £120 million from their RNS.

Post dilution , imo, this share will trade at sub 0.5p.

XEL has to fall into the arms of Statoil.. What is the alternative?
Keep paying the failed managements inflated wages and hope something turns up? Waiting for something to turn up has not worked very well so far.

XEL is now a money pit simply burning cash.
BH's have provided 'up to' $10 million to keep the lights on. After that XEL is no longer a going concern imo
Posted at 16/10/2016 12:21 by cyan
Now the GKP 22,943 million shares are in play we see that the market presently values them at
£271 million.

I think the share price has a bit more downside there.

Late Friday some optimistic souls were paying prices for XEL shares that suggests a post dilution market valuation of £320 million.

What planet are they on? Get real.

XEL is not producing .No-one wants the asset. Gigantic capex required.

GKP IS producing tens of thousands of barrels of better quality oil from a huge field with very much cheaper drill costs.

What research have these recent XEL share buyers undertaken..?

I seriously doubt some are even aware of the impending dilution.
Posted at 12/9/2016 07:50 by leedskier
The irony is that the company could have easily raised $135 million in an open placing back in 2014, when the share price was 100p, with a relatively modest dilution and given the funds raised would be added to the value, the share price might not have fallen so much.

Compare with Hurricane Energy ... the major difference, apart from oil quality, is that it raised its money from selling equity not secured bonds.
Posted at 09/9/2016 12:27 by cyan
A post on BLVN thread on the XEL "buy" recommendation;


"According to tagnol on iii , MS not issued a note on XEL since 2014 and article looks like its been pulled . share price up 10% so somebody made a few quid ..not April1 is it ?"
Posted at 29/7/2016 12:00 by o1dsmokie
No one posting on an ADVFN BB has any control over the share price.
----------

Really?Why then did a gang of illegal rampers take control of this thread, threatening anyone who faced up to them as they posted utter lies, said they were in touch with board members, posted alleged personal e-mails from board members and urged people to but shares in a company whose share price has collapsed by 98%?
Posted at 23/6/2016 17:38 by 11_percent
Good post Fromm iii.


11:15
Re: Moving Forwards:
Antiques Of Woodstock 2
Good morning All

Thinking things through further:

The total number of XEL shares in circulation: 309,930,421.

The Bond Holders are collectively owed $139 million which equates at today’s exchange rate to £96.8 million.

Current XEL Share Price: 8 Pence.

Assuming an 'equity for debt' swap at no discount 'par value' to the current Share Price – the company would have to issue a further 1,210,000,000 shares taking the total amount of XEL shares in circulation to 1,519,930,421.

This would leave the Bond Holders collectively owning 1,225,919,421 shares (including the 15,919,421 already owned – thanks Rosey5464 for that info)

Should this happen the Bond Holders would end up collectively owning just under 81% of the company.

The Bond Holders with that percentage have total control of the company and can do with it whatever they wish – including acting in unison as a Concert Party to buy out the remaining 19% of the shares which we currently own at the highest price they have paid for a share in the preceding 12 months. Alternatively with a 75% or greater shareholding the Bond Holders can de-list XEL from AIM leave us a minority shareholders with no market for our shares - other than the possibility of a matched bargain service which would be totally unsatisfactory.

Therefore logic would dictate that our management have to either default on the debt and take the company into insolvency with a view to an unencumbered Bentley being offered for sale as a stand alone asset with a view to achieving the best price possible on the open market with any amount realised over what is owed in settlement of debts being returned to shareholders – or – restructure the debt with the Bond Holders collectively taking a non controlling equity percentage interest in the company.

I along with others will be incensed if our management go for the former having ‘cut a deal’ with the Bond Holders whereby they continue to 'run the show’ putting personal salary objectives above those of us shareholders who have long supported the company.

The Bond Holders will have to make a ‘call’ as to whether the 'closed period discussions' that are ongoing have a better chance of returning them a greater financial outcome than Bentley being sold off at this time.

I believe the above to be the logical course of events moving forward.

Good luck all…
Posted at 19/6/2016 14:25 by 11_percent
Good post Fromm iii.


11:15
Re: Moving Forwards:
Antiques Of Woodstock 2
Good morning All

Thinking things through further:

The total number of XEL shares in circulation: 309,930,421.

The Bond Holders are collectively owed $139 million which equates at today’s exchange rate to £96.8 million.

Current XEL Share Price: 8 Pence.

Assuming an 'equity for debt' swap at no discount 'par value' to the current Share Price – the company would have to issue a further 1,210,000,000 shares taking the total amount of XEL shares in circulation to 1,519,930,421.

This would leave the Bond Holders collectively owning 1,225,919,421 shares (including the 15,919,421 already owned – thanks Rosey5464 for that info)

Should this happen the Bond Holders would end up collectively owning just under 81% of the company.

The Bond Holders with that percentage have total control of the company and can do with it whatever they wish – including acting in unison as a Concert Party to buy out the remaining 19% of the shares which we currently own at the highest price they have paid for a share in the preceding 12 months. Alternatively with a 75% or greater shareholding the Bond Holders can de-list XEL from AIM leave us a minority shareholders with no market for our shares - other than the possibility of a matched bargain service which would be totally unsatisfactory.

Therefore logic would dictate that our management have to either default on the debt and take the company into insolvency with a view to an unencumbered Bentley being offered for sale as a stand alone asset with a view to achieving the best price possible on the open market with any amount realised over what is owed in settlement of debts being returned to shareholders – or – restructure the debt with the Bond Holders collectively taking a non controlling equity percentage interest in the company.

I along with others will be incensed if our management go for the former having ‘cut a deal’ with the Bond Holders whereby they continue to 'run the show’ putting personal salary objectives above those of us shareholders who have long supported the company.

The Bond Holders will have to make a ‘call’ as to whether the 'closed period discussions' that are ongoing have a better chance of returning them a greater financial outcome than Bentley being sold off at this time.

I believe the above to be the logical course of events moving forward.

Good luck all…
Xcite Energy share price data is direct from the London Stock Exchange

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