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Share Views Episode 9 - Early Stage Investment Opportunities


Victoria Oil & Gas Share Chat (VOG)



Share Price: 34.25Bid: 25.00Ask: 0.00Change: 0.00 (0.00%)No Movement on Victoria Oil
Spread: -25.00Spread as %: -100.00%Open: 34.00High: 0.00Low: 0.00Yesterday’s Close: 34.25


Share Discussion for Victoria Oil & Gas


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royjohn
Posts: 3,769
Off Topic
Opinion:No Opinion
Price:34.25
Good morning
Today 07:38
What a lovely day, especially if you have got some of your money in this expanding company. :)
 
aj99
Posts: 561
Observation
Opinion:Hold
Price:34.25
.
Today 00:27
SpaceHoppa - You are a very complex individual - who thinks himself clever - but in
reality you are a stalking Troll of the highest order.
You have me on filter - and then you un-filter me, (because you don't want to miss anything),
and then you go and filter me again - don't you!
You are all too handy with your Troll jibes on other LSE posters.
I accuse you of being a Hatfield House chameleon poster.
You cannot have many real friends.
SpaceHoppa
Posts: 1,886
Off Topic
Opinion:No Opinion
Price:34.25
RE: Who's in the Driving Seat
Mon 23:47
''They will definitely have an advantage ...
... don't you think so?''

No Mr Aj,
Eneo's Mission statement is to
SATISFY the growth in electricity demand by supplying reliable and safe energy
Provide quality service and facilitate access to electricity to the GREATEST number
Revitalize customer relations through innovations and POSITIVE experiences

When the lights go out in Douala
it will be hard to explain to Mr Biya, why Eneo,
have just sent 50MW's of generation equipment home!!
Vog should ask for more than $9/mscf,
don't you think so?? Lol
aj99
Posts: 561
Observation
Opinion:Hold
Price:34.25
Who's in the Driving Seat
Mon 22:37
SpaceHoppa - you posted on here at 18:03 :
''Eneo's hand is not as strong as we might think, they have no alternative gas supplier''
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
When it comes to ''Horse Trading'' in the Cameroon may I just point out that Eneo are the
''Home Team'' - and that we are playing ''Away''. They will definitely have an advantage ...
... don't you think so?

As 'oldtimer' pointed out at 12:35 - ''With the power contracts running out in Mar 2017
I wonder just when they will wait to announce if they have been renewed.
If they wait until Feb / March there will be panic and the sp could be 20p''

Do you think that Eneo are not aware of this weakness where Victoria Oil and Gas's
negotiating \ bargaining powers are concerned.

'oldtimer' - ''Keep Calm - and - Carry On''
Your alternative points of view are most welcome by me.
SpaceHoppa
Posts: 1,886
Off Topic
Opinion:No Opinion
Price:34.25
RE: 3cardbrag
Mon 18:03
At least you are honest Mr Anon, about wanting the price lower Lol
Eneo's hand is not as strong as we might think, they have no alternative gas supplier
However, I am not opposed to Vog keeping Eneo sweet, & reducing to $8 per mscf
if Dibamba is being negotiated!!
As for thermal, & far as I know, officially prices have stayed the same
which would put diesel oil at a slight, pure monetary, advantage.
3cardbrag
Posts: 1,500
Off Topic
Opinion:No Opinion
Price:34.25
Banjo
Mon 18:00
re growing our pipeline in Douala. This feels more and more like Groundhog Day today
banjomick
Posts: 709
Off Topic
Opinion:No Opinion
Price:34.25
View Thread (2)
RE: 3cardbrag
Mon 17:53
anon3, I agree with SH regarding ENEO, also worth noting from today's Report:

"“The first half of 2016 has been a stabilising period in the Company, as we deliver on our strategy to increase production and grow our pipeline network in Douala, Cameroon. Our market assessment indicates a growing demand for our gas, for both thermal and grid power markets."

"Increase thermal customers through phased Bonaberi expansion"

"In early 2016, we stated our objective to increase gas volumes sold to customers in 2016 by 30% above 2015 levels. During the twelve months to 31 December 2015, total gas sales of 2,868mmscf were achieved. Having sold 2,282mmscf in the first six months of 2016, we are on track to reach this target."
anon3
Posts: 1,760
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:34.25
RE: 3cardbrag
Mon 17:51
Good reply Space :-)
But let's see what actually happens.
Fuel prices have fallen since the last deal, simple and this will be reflected in the new deal, imo.

And if we're losing retail customers, I'm sorry, but I don't see how this can possibly be good.
Correct me if I'm wrong, but haven't retail customers been negotiating their prices downwards?

All said as a LTH who unashamedly admits that he wants to top up, lower :-)
SpaceHoppa
Posts: 1,886
Off Topic
Opinion:No Opinion
Price:34.25
View Thread (2)
RE: 3cardbrag
Mon 17:41
Mr Anon,
I expect the Eneo deal to be renewed, on the same terms
Why? Well, nothing has changed since the first contract
Eneo need more power, they have no significant extra power supply since the deal
Cameroons power demands are increasing, & the equipment is in place!!
Would you be the Ceo of Eneo that reduced available electrical power??
Explain that to Mr Biya!!
anon3
Posts: 1,760
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:34.25
RE: 3cardbrag
Mon 17:33
Banjo, because we're increasingly reliant on the Eneo deal and they have us by the nuts?
Which will mean a lower price?

You might see the opposite, in that they're now more reliant on us in the dry season, which is fair enough.
I doubt the market will agree, myself.




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