BOW - Bow Energy

[bassmanpete]

Some of the directors have been adding to their holdings in the last few days. Looks like they're confident of an improvement anyway.

 

[FNQTrader]

Managing Director got a few more today - looks to be good confidence there amongst management. Hopefully will be positive reflection in the sp soon - once all the US banking jitters start to calm down. DYOR.

 

[oztrades]

Any other thoughts on the RPM/QGC/BOW takeover that fell through? Will it make QGC a better prospect than BOW and is that short or long term ramifications for BOW?

 

[Shrewd Crude]

oztrades-
Any other thoughts on the RPM/QGC/BOW takeover that fell through? Will it make QGC a better prospect than BOW and is that short or long term ramifications for BOW?

hey oztrades...
On Friday VPE went into a trading halt after Sentient bought ODN's strategic holding in VPE... Im guessing that QGC is on the acquisition path after moving on RPM and SHG... RPM had 1 TCF of gas worth $3-4 per share...
I had a pretty good ride on that one from near the lows...
Its a real pity because these sorts of stocks have excellent acerage (see BOW recent Announcement- its a pearler) and the big boys are taking these stocks out too cheap...
I would not imagine that QGC would be successful with a BOW takeover...
BOW have Ron Prefontaine and he is honestly Top management...
TDO have Peter Willcox who is also very savvy but has not had good drilling success...(also top management)...
I highly doubt BOW would fold over like RPM did...
BOW management have been buying lately which strengthens their chance of not being taken over... and BOW have the Arrow connection...
Don Juan for BOW is worth 60c to 80c down the line...
as for QGC vs BOW...

QGC is a great company, dont get me wrong about that.... but it doesnot have the sort of leverage that RPM did have... or BOW has...or VPE has...
or any of the other top CSG stocks..
these are multi multi bagger stocks in the making which have cooled big time due to the markets and will heat up again as the big boys are out to acquire these sorts of companies with great assets at give away prices...
Im also hearing and have been doing abit of study on this UCG...
My mate said UCG is 8 times more efficient that CSG...
CNX could be really really big... these stocks could grow exponential, or this UCG could fizz, bit of risk... greenies dont really like it...
CSG is more recognised... so perhaps keep it simple for awhile...
... BOW is a very very good stock...
it would not get taken out like the others are in the process of being...
watch VPE next week to see what's happening over there with the trading halt, that might give you some direction on QGC's movements...
I hope that helps...

.^sc

 

[bassmanpete]

Anyone any idea what's happening with BOW? It's been slowly declining for weeks and today it's jumped 6 cents with no announcements. Do you think somebody knows something we don't?

 

[FNQTrader]

Only thing of note i could see was that two directors bought 5 million shares and options between them. (off market buy) guess they wouldn't be buying up if they thought there was doubt over the company's future.

 

[Mad Mel]

In trading halt now...

I'm a complete noob, but have been playing with CSG stocks for the last month or so. The wrong ones, apparently...

On further reading, it's for a proposed capital raising.

 

[FNQTrader]

rights issue - nice - this is how i got in on QGC - if only this goes as well long term...... - I might have to get a few more

 

[Colonel Klink]

Could anyone enlighten a novice why this issue is at 27c. It seems very low in relation to their trading price.
With all the heat coming off the PES stoush... every man and his dog punching out company announcements talking up the sector, it is suprising (to me) that it is not higher.

I guess I'm wondering if it is not just going to deflate post takeover battle dust settling.

I'd appreciate your more nuanced views on this.

I hold AOE, so am interested in this spinoff .

Cheers klink

 

[subi1]

Could anyone enlighten a novice why this issue is at 27c. It seems very low in relation to their trading price.
With all the heat coming off the PES stoush... every man and his dog punching out company announcements talking up the sector, it is suprising (to me) that it is not higher.

I guess I'm wondering if it is not just going to deflate post takeover battle dust settling.

I'd appreciate your more nuanced views on this.

I hold AOE, so am interested in this spinoff .

Cheers klink

The price was only about 31c a week before the trading halt and was actually halted at 37.5c so it wasn't such a great discount.

In my opinion it just the fact that the price has gone up due to the takeover action which makes the offer cheap.

 

[Colonel Klink]

Thanks for that, Subi1. Apparently the issue has been well oversubscribed. Be interesting to see if the sp deflates post AOE/ShELL - BG stoush over PES.
Cheers Klink

 

[Shrewd Crude]

reserves are out on Don Juan...
3P 192 PJ...
BOW has been acquiring great CSG acerage in the last year...
who's next?

.^sc

 

[Dukey]

BOW management have been buying lately which strengthens their chance of not being taken over... and BOW have the Arrow connection...
Don Juan for BOW is worth 60c to 80c down the line...
as for QGC vs BOW...

.^sc

Hey shrewd - whats the BOW - AOE connection you mentioned a while back?... i must have missed that in my travels through csg reports and announcements!

 

[oldblue]

Bow was originally spun out of Arrow, at that time to concentrate on AOE's Oil prospects!
Ron P was a director of AOE for a time and the companies have a common director, Stephen Bizzell.
AOE still have a shareholding in BOW, 2.2% at last balance date.

 

[Dukey]

Bow was originally spun out of Arrow, at that time to concentrate on AOE's Oil prospects!
Ron P was a director of AOE for a time and the companies have a common director, Stephen Bizzell.
AOE still have a shareholding in BOW, 2.2% at last balance date.

Thx - didn't know that.

(revolution number 9, number 9,number 9,number 9,number 9, number 9,number 9,number 9,number 9, number 9,number 9,number 9,number 9, number 9,number 9,number 9,)

 

[grace]

Sorry, but those dimwits at Arrow have spun out some good holdings (PES/BOW) in the past. I would be quite sad if I was just an Arrow shareholder. I know they got priority entitlement on the Pure float...but what if they didn't take it up?

 

[Dukey]

Ahem - don't let Ana hear you say AOE and 'dimwits' in the same sentence!!
Very very silly of them not to have eaten up PES before they attracted interest from the big boys. But the PES folk havn't been exactly loyal - with that strategic upgrade last month!!

Whats your take on BOW grace?

 

[grace]

Ahem - don't let Ana hear you say AOE and 'dimwits' in the same sentence!!
Very very silly of them not to have eaten up PES before they attracted interest from the big boys. But the PES folk havn't been exactly loyal - with that strategic upgrade last month!!

Whats your take on BOW grace?

Haven't been following it like gospel. When I first went into csg, I did have a look at BOW and decided there were better ones around. Now that the better ones have gone, I'll take another look.

 

[bassmanpete]

Very very silly of them not to have eaten up PES before they attracted interest from the big boys.

I tend to agree. When Bow went up against Queensland Gas for Roma Petroleum I had a feeling it might be a diversionary tactic so that Arrow could sneak in and grab some other company while no one was looking. Obviously this wasn't the case and, also obviously, the boards of Arrow & Bow aren't as sneaky as I am

 

[Dukey]

Mmmmmmm - all those 'other' csg-ers are jumping lately - with BOW through the roof the last few days.
Wish I'd looked closer a few weeks back, but it's never too late.
Really like the look of the tenement portfolio now - and csg targets.
... there's life in the CSG sector yet folks!!!!!!!!!!!!