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Chariot Oil Share Chat (CHAR)



Share Price: 16.25Bid: 16.25Ask: 16.50Change: 0.00 (0.00%)No Movement on Chariot Oil
Spread: 0.25Spread as %: 1.54%Open: 15.50High: 16.50Low: 15.25Yesterday’s Close: 16.25


Share Discussion for Chariot Oil


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Noirgold
Posts: 296
Off Topic
Opinion:No Opinion
Price:16.25
RE: Noir
Today 00:16
Regardless of Larry(who I like) , we are entering a bull market. Look at the inflows of capital into the market. Look at the global economy. Look at demand for oil. Look at the FCF being made by oil cos. Crude inventories are falling. Prices are rising. Remember, a bull market can last for a number of years. Confidence, although intangible, is on the rise. Look at the vix index, it's uber low. This means, amongst other things, confidence is rising. If the past was more important than the present or future then investing would be easy. You'd simple repeat the patterns of the past. Money is made by looking at the future. Persist with your position, which I respect, but the momentum is against the bearish calls here. GL all
 
FQ320MR
Posts: 5,308
Premium Chat Member
Observation
Opinion:No Opinion
Price:16.25
Noir
Tue 22:59
Not sure where it says he's being criticised - he's doing exactly as he should in my book - the lack of PR was always Wheeps gripe..

MR
Noirgold
Posts: 296
Off Topic
Opinion:No Opinion
Price:16.25
RE: Jinks
Tue 22:19
Larry was criticised for his poor PR. He then tries by appearing at investor conferences et Al and is criticised for doing so. There has been billions of dollars of investment cut in the past 3/4 years in the oil industry. Don't forget, bull markets and bear markets go hand in hand. The underinvestment results in supply shortages (ie what we are seeing now) and then a scramble for assets. CHAR are well placed in this scenario. No doubt it's not a one way bet but the dynamics of the industry have changed. Major oil companies are now cash machine businesses. They've become more efficient. At a low POO they are making more than at a high POO ironically. As the POO recovers the M&A activity will return in a big way. So, the single digits predicted here ain't happening. A rising tide lifts all boats. A huge inflow of money has entered the stock market in the last month. Confidence is high. Animal spirit abounds. Don't miss out on the rising market, ppl.
FQ320MR
Posts: 5,308
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:16.25
Jinks
Tue 21:56
I think time will be against your scinaro here's why.

Any prospetive farmee will have been taking Chariots financial position into concideration - by the time the drill bit is turning we may well be in the low teens or worse.

The reason I think Larry is tarting himself at those doo's as you put it - he us desperate to see a pre drill rise to feed a placement into - I feel ii's know this and may well be hanging back.

Then the company's survival maybe on the result as we now have stacked more eggs in that basket and what chance of a fund raise post a bad result.

So what would a prudent risk adverse CEO do ?

What would our NOMAD Broker be advising?

I'm just happy not to have all my eggs in one basket

Just my opinion.

MR
Noirgold
Posts: 296
Off Topic
Opinion:No Opinion
Price:16.25
RE: Wheepo
Tue 21:52
wheepo is very very well informed unlike the howling garbage on this board. He's never said this is a no way bet either. I've learnt lots from his posts so I'm grateful to him. Placing or no placing, it baffles me why with over 1500 companies in the UK to invest in anyone would invest in a company where they despise the Ceo or think its a bad investment?? It's just very very illogical. The dynamics in the oil industry have changed. Investment will start again. Optimism is increasing in the industry. The global economy is coming back. Capital is waiting on the sidelines. A rising tide lifts all boats. The uninformed amongst us don't read enough so will continue to talk about the past. The past is less relevant than the present and future. Each to their own but momentum is with us here. Don't be fooled by fools because that makes you a fool. Finally, persistence is a great quality, fellas. Don't give up. Keep going. Let's see how this plays out. Live by the sword die by the sword.
firegazer
Posts: 12,700
Off Topic
Opinion:No Opinion
Price:16.25
MrJ
Tue 21:37
maybe they will offer the holders some at a discount, to reward our patience.?!?!

well I guess that means non for MR or gooner then hahahaha
MrJinx
Posts: 861
Off Topic
Opinion:No Opinion
Price:16.25
Placing
Tue 20:47
I do agree with you that a placing is on the horizon but where I differ with you are the circumstances. I don't think there's an ii or a keen pi in the picture just yet. If there were, why would Larry be tarting himself at these O&G presentations? I think a 25p placing if we're in the high 20's-low 30's, would give us 50 million shares. This would achieve the £16-£18m needed. I'd like to think the placing would occur at a higher price but Larry will be seeing the pound signs and want to monetise any increase quite sharpish. I'll despise him more than I do already but if I'm honest, and it was my company, I'd do exactly the same thing.
FQ320MR
Posts: 5,308
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:16.25
Jinks
Tue 20:21
He's a fraud fella a chancer at best - 30 years in the industry - who's he kidding!

Mean while is the SP increase manufactured just for a placement ?

It won't be the first time

MR
MrJinx
Posts: 861
Off Topic
Opinion:No Opinion
Price:16.25
Wheepo
Tue 20:07
Your obsession with Evo is quite embarrassing. He's not been on iii for weeks and you still can't get over it. You used to be quite informative but you just seem to be throwing your hat in the ring with the other rampy trampys. Soon you'll be a 'forecourt four star' like the rest of us. At least there's still TexDrilla with some decent knowledge and updates. ;)
FQ320MR
Posts: 5,308
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:16.25
Doubt
Tue 19:42
It he has more sense ; ))

This has all the hallmarks of a bull trap - moving up for no reason while a background seller is dumping.

Hope ypu have a plan B kid

MR




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