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Victoria Oil & Gas Share Chat (VOG)



Share Price: 1.41Bid: 1.37Ask: 1.45Change: 0.00 (0.00%)No Movement on Victoria Oil
Spread: 0.08Spread as %: 5.84%Open: 1.39High: 1.41Low: 1.39Yesterday’s Close: 1.41


Share Discussion for Victoria Oil (VOG)


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Bordersman
Posts: 2,539
Answer
Opinion:No Opinion
Price:1.80
View Thread (17)
RE: Actis-Sonel deal
11 Sep '14
The key to projecting profits after a deal with Actis is the timing of the power plant conversions and the price for Scufs..
Range of outcomes possible, but Actis is not in a weak negotiating position.

mel
 
mrJimV
Posts: 7,622
Off Topic
Opinion:No Opinion
Price:1.80
IMO
11 Sep '14
I would think the river crossing has been done , VOG are just making up a parcel of news via an RNS ,
mrJimV
Posts: 7,622
Off Topic
Opinion:No Opinion
Price:1.80
View Thread (2)
RE: Newsflow..
11 Sep '14
Yes I agree with the Wouri/ Bonaberi news first , Britanica who are doing the drilling of the river crossing will want to get done as they are on a fixed price , also the pipelaying in Bonaberi is also priced by per metre , so could be very interesting on how much more pipeline is completed and who is ready to get connected , better still who has been connected and is now taking VOG gas in Bonaberi .
maisydaisy
Posts: 1,040
Off Topic
Opinion:No Opinion
Price:1.80
View Thread (2)
Newsflow..
11 Sep '14
It is easy to assume that VIOG are in control of the news they will no doubt be issuing shorlry, with perhaps 4 items that are getting hotte rin the fire:

1. Wouri/Bonaberi
2. JG
3. Dangote
4. AES

2, 3 and 4 are out of VOGs hands - Deloittes are auditing, Dangote is Cameroonly delayed and AES is I believe seeking approval ,from Cam Gov to use our gas to power grid.

So, do we expect a Wouri/Bonaberi RNS first - assume hook ups included given time now spent - could be multiples thereof since VOG can delay with testing scuffage.

In some ways I like this delay - all very sedate with sp remaining rock hard - all of the daytraders/short term T's are prob out and the patient may be rewarded
lutonnews
Posts: 2,607
Off Topic
Opinion:No Opinion
Price:1.80
View Thread (17)
RE: Actis-Sonel deal
11 Sep '14
Jim I share your enthusiasm and belief in the near to medium term prospects of the company .
But agree with Hammers that 2.5p by year end is a more realistic possibility .
If the SP here did rise to around 2.7p then I would be about even and roughly £40K better off on paper than I am now.
As you say patience will be rewarded . I hope so anyway , we have two chances.
mrJimV
Posts: 7,622
Off Topic
Opinion:No Opinion
Price:1.80
View Thread (17)
RE: Actis-Sonel deal
11 Sep '14
Hammers
The thing is if Actis does sign up that will triple VOGs scuffs which will be life changing for VOG also Actis more than like will add another power plant in the same area which would use VOG gas , 5p is quite likely IMO . If Bonaberi is as good as John Scott was making out VOG should go to near double figure within a few months , VOG is quite a changed company , patience will be rewarded , GL
im-_-useless
Posts: 4,078
Off Topic
Opinion:No Opinion
Price:1.80
Have been testing out
11 Sep '14
Buzz's theory using CFD and opening an order to buy at the sell price, have been doing this for the last week & not once has my order been picked off.
lutonnews
Posts: 2,607
Off Topic
Opinion:No Opinion
Price:1.80
View Thread (4)
RE: rising
11 Sep '14
It is a fact that in most instances the SP of non profit making AIM stocks have a trend retrace without news.
The MMs take the opportunity to either lower or increase the share price to encourage either buys or sells.
Its good that there is enough confidence in this stock now to underpin the SP here at a much higher range than quite recently when VOG traded around sub 1.0p.
A lot of positive news in the pipeline which indicates that sometime soon that we should see the SP here rise into a higher trading range which should be firmly underpinned as each and every additional hook up will bring about an increase in company profitability.
Fingers crossed for 2p+ soon here in the near term and steady increases from there in the future.
It's all in the tea leaves.
ATB folks.
Hammers1312
Posts: 120
Off Topic
Opinion:No Opinion
Price:1.80
View Thread (17)
RE: Actis-Sonel deal
11 Sep '14
Simon whilst I am as bullish as the next man regarding VOG I think you are wildly optimistic if you think that 5p is an achievable short term target. half of that amount would be much more realistic. Don't forget the issues we have had in the past, although I think many of those have now been resolved. Personally I would be very happy to be at 2.5p by year end.
aa111
Posts: 461
Off Topic
Opinion:No Opinion
Price:1.71
View Thread (4)
RE: rising
11 Sep '14
still not got L2 so watching `goodle` finance is a waste of time 1.70p now so not really rising. oh well 2 years before I rethink my position here, I said that 2 yrs ago!



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