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Share Views Episode 9 - Early Stage Investment Opportunities


Europa Oil&gas Share Chat (EOG)



Share Price: 4.75Bid: 4.50Ask: 5.00Change: 0.125 (+2.70%)Riser - Europa Oil&gas
Spread: 0.50Spread as %: 11.11%Open: 5.125High: 5.125Low: 4.625Yesterday’s Close: 4.625


Share Discussion for Europa Oil&gas


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maytheforcework
Posts: 3,806
Off Topic
Opinion:No Opinion
Price:4.625
View Thread (2)
Looking Solid
Today 11:48
Been here for years. 28p when I came in , been up to 40p. Have average down, but still need to buy more to lower it further.
I hope I have time as this does look to be a solid looking company with a terrific future ahead. IMO of course.
 
KublaiKhan
Posts: 1,954
Off Topic
Opinion:No Opinion
Price:4.625
RE: Later
Today 11:28
Well done Jus (I tried selling 50k first thing too, but they ignored me). 4.7 is a fantastic buy price.
jusmasel
Posts: 779
Off Topic
Opinion:No Opinion
Price:4.625
View Thread (2)
Later
Today 11:21
Just bought my 50k back for a £150 profit on the day ...;-)
Tony13579
Posts: 1,820
Off Topic
Opinion:No Opinion
Price:4.625
RE: Some more good news
Today 10:54
If you read the last document from the Enviroment agency, it considers British steels claim. And the lining protection and the ground water deep and shallowmonitoring, is sufficient to monitor the effectiveness .
In planning terms it's 100% mitigated.
KublaiKhan
Posts: 1,954
Off Topic
Opinion:No Opinion
Price:4.625
RE: Some more good news
Today 10:41
Jus, I asked David Bramhill about it too, and he didn't seem concerned. Glad it has been put to bed though. Unless I have missed something, this seemed the only real obstacle to planning.
jusmasel
Posts: 779
Off Topic
Opinion:No Opinion
Price:4.625
Some more good news
Today 10:30
Some of you may not know that he Wressle planning application was objected to by British Steel on concerns that their water source for S****horpe could be affected. (British Steel has changed hands since Wressle was first drilled) When I first saw it I was concerned enough to phone EOG as well as get in touch with Mark Abbott at EDR who very kindly replied stating he didn't think it was concern. Anyway the EA have now assured NE Lincs planning that the well will have no impact on BS Water, This has a supplementary effect on many of the fracking objections as they have used the BS objection as there main concern as well.
jusmasel
Posts: 779
Off Topic
Opinion:No Opinion
Price:4.75
Share Price
Today 09:53
OK so what will move the SP?
a) existing shareholders continue to invest? That's a cycle that doesn't lead anywhere because you can only realise your gains by selling them on to a new investor ultimately
b) attracting new private investors? EOG have been round long enough for seasoned PIs to know that they are there and of their potential? There is though a pocket of PI investors that we could attract though by having a share split and bringing in the pump and dump squad who need the attraction of being able to buy and sell a million shares to profit from. I can't see that happening.
c) Attract an institutional investor? Well we had M&G for a while and there could be some interest around who knows? But these investors need a pay back period of less than 5 years perhaps even shorter before they sell out - and they need to know that they can sell out into the open market so with a poorly traded share we aren't exactly an attractive proposition.
d) Pay a dividend? Wing Commander Porky Scratching may have something to say about that?
e) M&A activity in all its shape and forms? More than likely to be the only serious way we can not only raise the SP but also realise our gains. And in my opinion it is not out of the question - only trouble would be the industry wide problem of over valuation but a seriously strong Dollar helps and Vermillion is certainly a very attractive suitor.

FWIW I play the same game as some and I do trade EOG shares - selling on good news - one of the 50k sells this morning was mine and I'll reinvest that in the company later ..
crushcutfluor
Posts: 190
Off Topic
Opinion:No Opinion
Price:4.75
germansi
Today 09:08
I agree with your take. Without a significant change either in the portfolio or level of activity the cycle will not be broken. This CPR gave us a 10% bounce for less than an hour. Only Holmwood has the capability to bust the shareprice out of the sub-5p realm. The difference between Holmwood and an Irish farmout is clearly that delivering Holmwood is firmly in the hands of Europa as the Operator. So if we want to see share price growth in the next 6 months, this is the main project that the Porter Street mob should be concentrating on. It would be nice to get a proper update on the plans for this well sooner rather than later.
germansi
Posts: 199
Off Topic
Opinion:No Opinion
Price:4.875
RE: Germansi
Today 08:49
Jus, I respect your opinion. But read your first paragraph. So much good news it seems. So how come none of it manages to deliver the much touted share holder value?
I believe it is because we take 1 step forward and two back each year. (Hopefully not this year) so the price drops significantly and the next 12 months are a game of catch up to get back to point A, then it's rinse and repeat each year. Which overall leaves a dwindling SP.
Anyway, it is what it is, so here's to hoping that one year it turns around and actually delivers all that it has promised over the years.




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