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Member Info for Skooby


Member Since: Fri, 9th Jul 2010

Number of Share Chat Posts (all time): 2,316
Number of Share Chat Posts (last 30 days): 22

Last Posted: 10 Sep '14


Post Distribution over the last 30 days




10 Sep '14


Nice post IOM. post rec. Agree entirely about the potential and about Mr. RG's desire to build a monster! :) I've said it before and I still firmly believe that he doesn't really care too much about the companies "current" share price. Great is what I say! Without putting words in his mouth, his goal is to succeed in building this company and that is where his focus definitely is!!! It is not to try to ramp a short term share price. Given that he is the majority shareholder he is in the luxurious position of not having to worry too much about the daily fluctuations of our sp. Good is what I say as I don't like to invest in companies that try to manipulate their sp by pumping up the news for their own gain.

When we have the 2014 revenue and the fully expected 2015 contracts, which we will have soon enough, the sp will be forced to follow. The SP could only possibly be of any relevance when it comes to securing funding for rig orders, however, a strong order book and good revenue off the back of this year will certainly suffice for that purpose anyway.

The only worry I could have, would be that he wakes up one morning bored and fed up and decides to sell it all off at todays discount to reality. I went to the AGM specifically to get a feel for the man and to gauge this risk. I can happily say that I see the chances of that happening as one over a number that "tends to infinity"!!! :)

Sitting tight and happy to continue topping up as salary comes in to play each month. We all know this low price is going to look ridiculous soon enough.
8 Sep '14


You could be right. However, if it drops much I think I shall be motivated to pick up a few more. I wouldn't bet on a big drop though. There's a limit as to how far MM's can drop it given that woodford is still hovering up shares. Would just be a loss for them and they're not silly. Leaves us nicely ticking upwards with hopefully small retraces towards the first release of preliminary results. cheers
6 Sep '14


Board much busier these days. Seems to be renewed interest again now that the years of waiting are finally over. Two trials underway with hopefully good results from both to come. Not too long now as Freddie points out before conference in December and almost certainly preliminary news released then as to how the trials are progressing. Can see the interest picking up now with woodford having hovered up so many over the last few weeks.
4 Sep '14


lol

If rene come good I too shall be looking to purchase a nice old schooner. Not a fan of the noisy gin palaces myself although semi naked girls on the fore deck do have a certain allure! :)

I presume you are using a satcom internet connection? Must be very pleasant. Here's to hoping you get to make that trip over the pond! :D
4 Sep '14


Is that a real yacht with sails and peace, or a motor driven gin palace with semi naked girls on the foredeck?

Just asking.. lol


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