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Victoria Oil & Gas Share Chat (VOG)



Share Price: 64.75Bid: 64.00Ask: 65.50Change: -0.25 (-0.38%)Faller - Victoria Oil
Spread: 1.50Spread as %: 2.34%Open: 64.75High: 64.75Low: 64.75Yesterday’s Close: 65.00


Share Discussion for Victoria Oil (VOG)


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Dave_kdc
Posts: 1,521
Off Topic
Opinion:No Opinion
Price:75.00
been going over my research
27 Apr '15
... I have a hunch and have also put my money where my mouth is in this case. I put a bet on this jumping back up to the 85+ mark... I think what's happening here - is the people who bought after dilution bought at about 45-ish.. This people are probably selling with some good returns... I mean if you bought in at say 50 and sold at 80 - That's well on a 60% rise. People are cashing in.. wether they buy back in a lower prices is up to them .. but many of us anticipated this.

Sit tight... If this can jump 60% in 4 months.. Wait until we start showing profits in the books.

atb
 
Benedictus
Posts: 218
Off Topic
Opinion:No Opinion
Price:75.00
profits
27 Apr '15
Depreciation charges for equipment what do you think they have spent a fortune of pipes for the transportation of gas that will all be depreciated
bigsmoke
Posts: 234
Off Topic
Opinion:No Opinion
Price:75.00
View Thread (3)
shareprophets
27 Apr '15
any idea when the shareprophets video of the investor show will be posted, or has it already?
bigsmoke
Posts: 234
Off Topic
Opinion:No Opinion
Price:75.00
oldtimer
27 Apr '15
re: profits - i see you replied first..
bigsmoke
Posts: 234
Off Topic
Opinion:No Opinion
Price:75.00
re: Profits
27 Apr '15
yeah, in the StockTube video http://www.stocktube.com/video/victoria-oil-gas-has-turned-the-corner-chairman in response to financial questions KF states that, as for profits, it will be for however the accountants choose to represent the figures. Although KF could have done much better with his wording, I think what he was getting at was '..yeah, VOG is the bomdiggidy, but there is is this artifical write off of WestMed happening so that we can surprise the market next year/ year after when we sell it /farm it out/ develop it ourselves....' or something to that effect.
rodlin
Posts: 2,770
Off Topic
Opinion:No Opinion
Price:75.00
View Thread (2)
RE: Profits
27 Apr '15
Eh??
oldtimer
Posts: 2,682
Observation
Opinion:No Opinion
Price:75.00
vog
27 Apr '15
You can not take depreciation charges into account when talking about operating profit,
We all know that Foo wrote down the assets of WM just to take them out of the accounts this time and set any tax liabilities against them when we are making net profits later. in 6-12 months time they will come back with some sort of assets against them again.
We are just talking about day to day overall profit, which was to be at approx 5.5 scuffs.
Benedictus
Posts: 218
Off Topic
Opinion:No Opinion
Price:75.00
View Thread (2)
Profits
27 Apr '15
At the last AGM the company stated that it will only be profitable at the operating level and not at net level due to high depreciation charges
Siliv
Posts: 218
Observation
Opinion:No Opinion
Price:75.00
View Thread (5)
RE: joke
27 Apr '15
For clarity it can be assessed as Sales relative to cost of sales.
Siliv
Posts: 218
Observation
Opinion:No Opinion
Price:74.00
View Thread (5)
RE: joke
27 Apr '15
I think you are confusing profitability with cashflow there. A company's balance sheet is not dependant uopn the amount of money that comes through the door. in simplistic terms it is assets v's liabilities. So profitability can easily be assessed from the daily operations of the company.





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