Jersey Oil&gas Share Chat (JOG)

Not good over here madcrann....Once the waiters in the restaurant connect you up then it's down within 2 minutes.

No wife out here just myself, my daughter, and son that's why I'm having a wonderful time.

LOL

Hope you, Mrs Ajax and little Ajax's enjoy the rest of your holiday.

You have done well to post, i know the internet in Turkey is normally similar to my nether regions LOL.

Keep faith guy's

Good evening from Turkey....
I am on my holiday's taking a breather from the markets.
Currently 35 degrees over here so extremely warm.
Checked on my other oiler a few days ago and I'm glad to say they struck oil out in Guyana so that's made my holiday a lovely profit for me in that one.
Not been able to buy or sell at the moment as i lost my card so can't add funds into my trading account as my new card isn't linked up as yet.
I will be adding in here on my return back to the UK next week.
Just gonna take a dip now in the pool and cool off with a nice chilled beer.
Sorry about the POOR weather back home....LOL

Catch up again so good luck everyone
Ajax

A buy order? Mms don’t seem to be looking for buyers with the size of this spread

Don't forget their is a bloke out their who has 4 million pounds worth of stock to sell to lock in his 4x return @ 200p for his two months work :) He doesn't need 3,4 or 10 pound to profit.

Still couldn’t decide whether Dick is this bb’s Keanu Reeves the internet boyfriend, or the Prince of Darkness :)

FFS............"JOG might be able to"..............

" I can't make people want to buy JOG shares - JOG might be able to though but it won't be trying until everything it's presently doing is clearly set out for whoever's targeted. Price and value usually line up closely in the end.

.....dog to walk, lunch to go to................pis*ing down here..............typical

I can't make people want to buy JOG shares - might be able to though but it won't be trying until everything it's presently doing is clearly set out for whoever's targeted. Price and value usually line up closely in the end.

Tommy - price is always the result of supply and demand. RNSs sometimes mark important events in a company's life and when these news items are released they cause an increase in trading activity. If the news is dood, up we go. If not - off to the khazi again. Today, most of the trades (by number) are done by short term traders - people who know precious little about the companies whose shares they're trading. They're only interested in price. They jump onto risers and they jump off again as soon as they've made their buck. They can do it over and over the same day or week. I have no truck - with no volume long termers and anyone else couldn't buy and sell shares in the companies they're interested in. It's called liquidity and it's more than just relevant. The people you buy shares through are the 'market makers'. Or MMs - similar in concept to market traders - a pile of cheap nappies on their stall (in the case of UKOG, used ones? ). If no-one wants to buy them they drop the price. Or everyone wants them and they haven't got enough? They increase it. End of the day? Get rid of them - have 'em cheaper still. No different to MMs except street traders have much higher standards and are a lot more honest.

There's always a price people will sell their shares at - if someone offered me £8 for my JOG now, it might get me thinking but I'd probably think: "you'd have to pay me a lot more than that". Or maybe I'd sell a few and ask the local Merc dealer to send a new C200 to the ex with a ribbon on it. I don't presently need the money but another LTH might. Maybe they're moving home and want a new kitchen - who knows or cares. They might take whatever's on offer, even though they think their shares are worth a lot more. I'm only saying this to illustrate that everyone's views and needs are different.

A group on here think JOG is well managed and has great assets; it might end up a decent mid-tier in a safe region.We can wait. I can't make people want to buy JOG shares - might be able to though but it won't be trying until everything it's presently doing is clearly set out for whoever's targeted. Price and value usually line up closely in the end.

There's a fly in the ointment called Government. It can't tax people's savings (income and CGT are peanuts and pension savings are in tax wrappers). So what does it do? Let's investment banks and hedge funds with UK ops or people strip out those savings (by allowing 'shorting'). Gov can then tax the profits of the investment banks and hedge funds (UK profits) but definitely the fat packages of their UK managers and staff.

Why else did Gordon Brown nationalised the regulators? They do nothing to stop it. They like it. Who lends the stocks to the spivs to short? The fund managers you think are determined to increase your wealth. They're more interested in the lending fees. And internet brokers with your shares in nominee accounts in their droves. "of course we don't do it"
tbc late pm

tbc

It baffles me how the Aim work ! . Only a few weeks ago this share was like hot cross buns , you couldn’t get an order in , auction taking place due to too many orders and then we have an erosion in price . I’ve seen it many times , the smartest move for investors is sit tight with the shares , with only 21m shares with good news the only way is up .

FTSE 100 still closed very strange. AIM on the up.

Hope so, but we are waiting on news
too many people jumping to try and make profits elsewhere

Surely, This cannot continue downwards.

As GB once said, if it was to continually rise then the likes of plus500 would lose money, that theory would also apply if it continually declined.

Just been looking back at previous RSN’s. The big announcing the licence award was almost a month ago, Equinor has a 3 month option to take 50pc, so just 2 months remain, that’s the maximum. Current sp is now below the latest director buying level.

On these low volumes, SP can rise sharply. Seen it before with JOG.

.... recession is forecast sell in August. Bottom line around £1.66, then weak holders are out and sp shoots back up rather quickly. Yes these prices are a gift but not many see that.

185 was the bottom for me, but still in here as this will climb with AIM now sitting at its December lows.

I also been buying all the way down

As per many previous posts, if you thought it was cheap at £2.20, then its a bargain here...if you have cash then spend it...I have been buying all the way down and just bought more at £1.76 and £1.78....if we slip lower, I'll buy more...there will come a day, I believe, when the market will want these shares off you again...just seems like not today nor tomorrow...if I'm missing something and this is the world's greatest con job, then all my fault, but valuing JOG at £39mm (as of today's market price) tells me more about market psychology than anything else. Remember there will be folk who bought at 60p, 70p, £1 etc who were hoping for instant gratification and would rather sell today at £1.75 to lock up some of the profit and hope to get back in rather than see it drift back to cost in the absence of news. Patience dear fellow investors, and hats off to those who said it'll drift back to £1.75 when we were at £2.20...great call.

230 down to 177 frogging joke

Yes I agree, the price will now bounce around 180p - 220p until we hear some news about Equinor.

Unfortunately as Dick has said it’s the price that counts and not the value . Patience is the key here , keep hold of the shares as the mm want these as they know these will shoot up with news .

It's taking a hiding Why?

1.85 not 2,35

Myself and most posters on here didn’t get along with GB for obvious reasons . It’s been bugging me why a day before the RNS came out he posted that he has had enough and sold out ?. Does this timing seem a bit odd ?. What do other posters think or is my imagination running astray .