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Fortune Oil Share Chat (FTO)



Share Price: 9.77Bid: 9.56Ask: 9.75Change: 0.15 (+1.56%)Riser - Fortune Oil
Spread: 0.19Spread as %: 1.99%Open: 10.00High: 9.79Low: 9.50Yesterday’s Close: 9.62


Share Discussion for Fortune Oil (FTO)


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croke
Posts: 53
Off Topic
Opinion:No Opinion
Price:8.70
del44
12 Aug '13
del I contacted nat west stockbrokers the answer I got was that they only do drips on the top 350 ftse shares. do you know any other way I can do drips.
 
Del44
Posts: 1,687
Off Topic
Opinion:No Opinion
Price:8.65
chris211
12 Aug '13
If you read my link in post @10:35, you may get a decent understanding as to just what we have a good working relationship and stake in, in CGH... We are more exposed to the growing gas market now, then before we sold our gas assets to CGH.
It is my considered view that CGH is misunderstood in Hong Kong regarding profits exposure in China and the true growth in the sector ahead.. What chance FTO to be understood?

VSA alluded to this in there recent circular. Perhaps they will now begin to entertain some London institutions regarding there position in this exciting play over in far a way China...
We are shortly to receive $200 million into FTO accounts and with a stake worth over £220 million in a fast growing company.....But keeping doing your own research...:)
chris211
Posts: 918
Off Topic
Opinion:No Opinion
Price:8.75
Mr Hopefull - 20P
12 Aug '13
That does sound hopefull! What makes you think that 20P could be on the horizon?

Does anyone else have any views of where this will be in 12 months?
Palmas
Posts: 2
Off Topic
Opinion:No Opinion
Price:8.75
DRIP
12 Aug '13
Im with Danske Bank and they hold the shares for me. I instructed them to select DRIPs when available for all shares. Last year I received the FTO dividend in shares.
MrHopeful
Posts: 2,676
Observation
Opinion:No Opinion
Price:8.75
View Thread (2)
RE: Has FTO's board acted wisely?
12 Aug '13
This will be trading around 20p mark with 12 months
Huge profits and huge growth. Im ploughing as much as I can in here for a 2-5 year play.
Del44
Posts: 1,687
Off Topic
Opinion:No Opinion
Price:8.75
View Thread (2)
Has FTO's board acted wisely?
12 Aug '13
With continuing expansion and growth both at home and overseas China Gas Holdings Ltd could be one of the biggest stories on the Hong Kong Stock Exchange over the next 12 to 24.

Clearly from the report here... http://www.pressbox.co.uk/detailed/Financial/The_Avanti_Group_China_Gas_Holdings_Limited_growing_at_an_exceptional_rate_1275107.html ...they may very well have..
I was not even aware that CGH had expanded into South Korea and India......

And we are in for around HK$4 at the moment!!!!!
Del44
Posts: 1,687
Off Topic
Opinion:No Opinion
Price:8.75
CGH
12 Aug '13
CGHL based in Hong Kong is growing at an exceptional rate year on year. Their main area of business is in the construction and operation of city gas pipelines. At present CGHL owns the exclusive city gas concessions for 184 cities and regions, with over 33,000 kilometers of gas pipeline serving over 7 million households. With a strong hold all over China and with its expansion into India and South Korea they are perfectly poised for further growth......Read full article here....
http://www.pressbox.co.uk/detailed/Financial/The_Avanti_Group_China_Gas_Holdings_Limited_growing_at_an_exceptional_rate_1275107.html
chris211
Posts: 918
Off Topic
Opinion:No Opinion
Price:8.70
DRIPS
12 Aug '13
Croke, i am in the same position. As Del says if you are only named then you are unable to get the DRIPS.

Del - Read the MOFCOM approval and was just about to post it up,

Good news isnt it. Lets wait to see this share north of 10pence!
Del44
Posts: 1,687
Off Topic
Opinion:No Opinion
Price:8.48
MOFCOM APPROVAL GRANTED
12 Aug '13
China Gas Holdings Limited informed the Company that the MOFCOM regulatory approval had been obtained. It is anticipated that completion of the FGIH Transaction will occur after all of the normal handover procedures have been completed.
croke
Posts: 53
Off Topic
Opinion:No Opinion
Price:8.48
del44
12 Aug '13
Del thank you for your help. Will phone nat west stockbrokers this morning.



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