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Awilco Drilling PLC (AWLCF)

Other OTC - Other OTC Delayed price. Currency in USD
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0.52000.0000 (0.00%)
At close: 1:30PM EDT
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  • B
    Billy Bo Bob
    Anyone know why share price dropped 46% today (9/29/2021)?
  • K
    KevinR
    Post your dividend results here. Post the: date received, name of broker, and dividend rate received (we typically get slightly different rates depending on brokers and payment dates). I'm very disappointed to report that SIX days after the reported payment date, I STILL have not received my dividends yet from TDAmeritrade, which took over my Scottrade account.
  • K
    KevinR
    Dividend is $0.20 again for the quarter. Nice. Anybody else planning on listening to the conference call?
  • K
    KevinR
    Wow, HUGE Awilco news. They are looking to buy brand new rig(s), financed via cash on the balance sheet and new share issuance(s). Thoughts?!?!?!? http://awilcodrilling.com/4142-Financial-News-Message?msg=http://cws.huginonline.com/A/147077/PR/201802/2171967.xml
    Awilco Drilling
    awilcodrilling.com
  • t
    tom
    Has anybody tried to excersise their rights for shares. I got notice in my acct eligible for 102 @ $3.30 but Merrill saying US citizens can not excersise ??
  • r
    rita
    Despite the loss of the dividend, this has been holding up quite well. Anybody understand why?
  • G
    GG
    New Shell Will Phoenix contracts for 330 day duration good news!
  • D
    Devin
    Any buyers?
  • K
    KevinR
    Post your dividend results here: Date, Broker, Amount Per Share.

    12/20/2017, Scottrade, $0.19696/share
  • D
    Devin
    Can't listen to conference call until later this evening, but looked over the pdf presentation. I'm hoping they provided more information regarding the pricing of those (option) rigs to be built and the rationale behind market demand for another rig (& 3 option rigs) when Wilhunter is stacked? Is there significantly more demand for harsh condition rigs? 1-4 years is a short time horizon... Lastly, I thought it was pretty funny they left the review of the dividend portion of the presentation until the end... after they hyped the new rigs. Obviously the dividend will be significantly reduced/eliminated.
  • G
    GG
    Looks like the market didn't like a new rig being built while Wilhunter sets cold-stacked
  • K
    KevinR
    AWLCF upgraded to buy with price target of approximately $6.45. Arctic ASA initiated coverage of Awilco Drilling with a recommendation to buy. Price target is set at 50.90 kroner, which is approximately equal to $6.45 at today's conversion ratio.
  • K
    Kevin
    So much for a target price of $6.45...........Falling day by day........
  • A
    Axe Capital
    Screuued by the Norseman again!
    We may have the opportunity to buy shares for $3.20 without being QIB'ed. I think Tom is correct in waiting till $2.
  • D
    Devin
    Checked press releases on the Awilco site and couldn't find anything... what's up?
  • G
    GG
    Some say N. Sea drilling projects are picking up this year, Bernstein analysts figure 40 permits vs. 29 last year
  • B
    Billy Bo Bob
    Today AWLCF announced cancellation of their first rig order. Only reason given was "breach of contract" by the builder, with no additional explanation. This should be interpreted as a negative. But that is NOT what happened.
    The share price jumped up 33% today.
    The daily volume at 44,242 was 4 times the normal average of 11,049 shares.
    Somebody is buying on no positive news.

    I am awaiting for more information, because I do suspect something else is
    going on that AWLCF managment has yet to announce.
  • G
    GG
    Here's a preliminary analysis of 2nd Q report coming 8/14/19, Awilco lost more money, while 2 new rigs were being built as WillHunter sets Cold Stacked
  • S
    Sandy
    it'll be 5 years minimum before this pays a dividend again. growth company now. option for 3 more rigs. all future cash will buy rig option. awilco cash register gone for good
  • G
    GG
    6/6/18 meeting, whats the chances of us hearing Wilhunters soon to be put back to work $80 Brent crude makes drilling easier for the Apache's of the world!