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Victoria Oil & Gas Share Chat (VOG)



Share Price: 35.00Bid: 34.50Ask: 35.00Change: 0.00 (0.00%)No Movement on Victoria Oil
Spread: 0.50Spread as %: 1.45%Open: 36.50High: 36.50Low: 34.50Yesterday’s Close: 35.00


Share Discussion for Victoria Oil & Gas


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lutonnews
Posts: 2,944
Off Topic
Opinion:No Opinion
Price:35.00
RE: Takeover please
Today 14:02
Hi A J.
You are correct .
J Gs involvement is probably just about the only reason why VOG are still trading as an independent entity.
No doubt considering the money he has put in towards his obligation of the operational costs he wouldn't relinquish his partnership for less than a tidy sum.
Well worth paying though if you add up the total sum of all the nuts and bolts and then take into consideration estimated projected figures of revenue and future profitability.
 
ASBURYJUKES
Posts: 3,815
Off Topic
Opinion:No Opinion
Price:35.00
RE: Takeover please
Today 13:06
Luton
Can't imagine Jack G would be anything but a stumbling block whatever the price.
lutonnews
Posts: 2,944
Off Topic
Opinion:No Opinion
Price:35.00
View Thread (2)
RE: Takeover please
Today 09:27
If the SP here stays at a similar level or gets even lower we are imo sure to reach a point soon where a takeover is inevitable.
There are plenty of companies who would fit VOG and its gas , assets and revenue snugly into their operational plan.
Anything under a pound would mean that a suitor would get VOG lock stock and barrel for next to nothing.
JRich20020
Posts: 326
Observation
Opinion:No Opinion
Price:35.00
RE: re rns
Today 08:45
That's a fair point but they would have to find one with representation in the various countries they have subsidiaries in and the tier 2 firms would be equally busy. With the consolidation that's happened in the audit world there isn't a lot of choice any more. I doubt there would be much cost saving anyway or time saving.
naks
Posts: 2,569
Off Topic
Opinion:No Opinion
Price:35.00
RE: Naks
Sat 22:55
90p a share more than enough
3cardbrag
Posts: 1,230
Off Topic
Opinion:No Opinion
Price:35.00
Naks
Sat 21:59
would be very surprised if they still have £100m to play with. And even if they do, I suspect it won't be enough
naks
Posts: 2,569
Off Topic
Opinion:No Opinion
Price:35.00
View Thread (2)
Takeover please
Sat 19:20
Come on blvn buy us out use your £100m that is plenty
ASBURYJUKES
Posts: 3,815
Off Topic
Opinion:No Opinion
Price:35.00
RE: re rns
Sat 12:14
JR
I agree with what you say, but there is no reason whatsoever that vog need to use a top tier audit company, paying through the nose for the pleasure.
It is after all only a relatively small company.
JRich20020
Posts: 326
Answer
Opinion:No Opinion
Price:35.00
View Thread (2)
RE: re rns
Sat 09:02
Not sure what you don't agree with. Audits are a statutory requirement. No audits take place on half year accounts and year end figures won't be released until the audit is complete. Most large organisations have December or March year ends and have their audits done in the first 5 months. There is also an international element to VOG require foreign subsidiary audits. VOG has to be fitted in between the BP's and GKN's of this world. It's a few years since I did this sort of work but I doubt it's changed much.
bigsmoke
Posts: 1,106
Off Topic
Opinion:No Opinion
Price:35.00
RE: re rns
Sat 06:38
Don't agree, JRich20020.




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