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Royale Energy Inc. Message Board

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  • usarccoman98 usarccoman98 Apr 30, 2001 1:37 PM Flag

    Royl earnings

    Welcome lazy. Let me put it this way...I just received my latest royalty check from Royale and it is the 2nd highest payout that I have received from them since I have been with these folks and that is 1996. I am having a hard time understanding why the stock is down slightly this morning. I think it's a great buying opportunity at this price. I am now seeing this stock at over $10.00 per share by 15 May and I feel this is conservative.
    Good investing to you and to your family.

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    • I have just come across Royale, and it looks like a good prospect.
      I note that you just received a royalty check from Royale - and that a Business Wire dated April 3rd stated that Royale would pay a 15% dividend to shareholders of record as of May 25th ... but something seems amiss.
      My question is: Will anyone buying ROYL between now and May 25th be entitled to that dividend payment?
      Thanks in advance for setting me straight.

      • 2 Replies to madattew
      • Most definitely. The announcement clearly
        stated "all shareholders of record on May 25".
        We are still buyers....

      • The answer is yes. If you buy before May 25th. IMHO the time to buy is now. Of course make your own decisions based on your own DD but I think this stock still has a long way to go and of course I mean UP. I can honestly inform you that my investment check was the 2nd highest I have ever received from this Company. I really don't think we will make the high end of some of the predictions on earnings that a few of the other fine folks have predicted on this board but I do feel we will do very, very well this quarter. I will see the Royale folks in Las Vegas in two weeks at the money show at Ballys and I can usually tell by the way they act just how they are doing. They are fine people and have the stockholders interests always at the forefront of their thinking.
        Good investing to you and to your family.

0.73+0.03(+4.27%)Oct 8 3:59 PMEDT