The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Gordon what you do if you were CEO of matad?
Focus is ofcourse on Heron and you really need LP and cashflow.
You secure LP but know everything in Mongolia can take longer than you hope so you talke to II for a private placement.
You agree to wait for Velo to determine the placement price.
This is what i would do. Would feel much better with extra 15mln in the bank going into Heron. I would not mind short term shareprice just like LTH would not mind.
To be clear. This is a scenario i made up. And yes i would participate if there would also be a retail offer but i genuinly think this is a fair scenario. Add in comments from MJ and it makes we wait at the sidelines DYOR
Gordonbennett1
The MMs can see where all the stops are and they hit them !
Imagine how you would feel if you were stopped out at say 2.5p and now magically the price has recovered to 4p just a few minutes later....
@avo333
This is why some companies refuse to list in the UK, because they feel that international MMs are rooking local investors.
Look at what happened to Jet2 last Thursday after its profits increased by about £730m compared to its last earnings - the MMs used the fact that the chairman was stepping down to mark it down by 11%....One person commented that if a pilot caught a cold the MMs would mark the company down on the open by 10%...As Tom Williams, the creator of volume spread analysis software always used to say ' news can seriously damage your wealth .' I met him a few times and discussed this kind of thing. It's worth reading what he used to write about and say said about the stock market and what the MMS get up to. His software was designed to create signals on the large downspikes just before a large move up.
I set a limit buy with price of 4p last friday afternoon when I saw a drift on, was not expecting this news this morning and not expecting it to hit that price that fast, it was around £1k value so should not be too hard to fill
my buy actually went through at 3.5p
I take any of these claims of buying below 2p with a very large pinch of salt
Strangest retrace I have ever seen tbh. Of course it gives off some confidence but you have to ask why!
Were MM's chancing their luck? Did they get it completely wrong? It seems most seen it as a massive buy opportunity which backfired for the MM. The way it moved I don't think they even gave anyone a chance to sell at lows, it went through the gears very quickly.
As everyone has pointed out the V1 wildcat wasn't priced in, however its still a hit for the company, what has played in our favour is the unexpected XX license landing on Thurs! IMO the v1 result was known about on Thurs, The mms were very reluctant to let the sp move and shaved a chunk off on the Friday. Smells fishy.
The only way is up now! Don't listen to those suggesting a funding call, there is good cash in the bank!
Especially one who like Renewable Energy component in portfolio to show investors I. Fund ;)
The way I see this..... mms tried to drop to 1.5p range then saw no one selling, quickly bounce it to 3p......
then to 4p
in summary Mms failed miserably t
the this morning.
The way see this..... mms tried to drop to 1.5p range then saw no one selling, quickly bounce it to 3p......
then to 4p
in summary Mms failed miserably t
the this morning.
Ms Viking
I do not think BIG BUYERS will come yet. They will wait till little trader finish with action then start to move in.
Watch price action after next few day & upward price trend :)
Terrier, who are those "big player" ?
I haven't seen any big trades being reported yet (just the usual figures)
Mr Investor
Who know if you are right or not. Maybe yes about stop loss I think but I see like this.
I am investor. Unless investment change then why should my position change?
I will not sell so whatever MM want to do or not no concern. I look at growth of value. Now land access for Block XX given company have ALL pieces lining up.
Even one of BIGGEST energy growth sector.
Growth achieve through revenue / deferred payment / offtake partnership with DQE.
This will be MASSIVE growth in company & shareholder value.
What MM do or not do not big deal for investor like me BUT maybe I testing for traders mind.
I do not try to insult you or dismiss you with my comment
Happy with holding :)
The MMS should be investigated by the Fraud sqaud and Jailed the Lousey B--TARDS
Was surprised the lowest buy quote offered you was 3.42 since beginning. At 50 seconds into trading after 8am my first quote with Interactive Investor was 2p then quotes slightly above 2p after when I bought. Then it rose strongly. Interactive Investor confirmed a buy trade at 1.79p so someone was even more lucky than I was. I do not know why you could not get a quote lower than 3.42, may be your quote was a couple minutes into trading or your but Interactive Investor quoted me 2p then slightly above a minute into trading after which it rose strongly. I accept I was remarkably lucky with timing- such timing and dramatic rise in SP has never happened to me before and probably will not happen again but to suggest some people who claim to buy low and high are fakes because your lowest buy quote was higher is not really on. I cannot offer an explanation why your first or lowest quote was 3.42. All I know quotes to buy started below 2p with Interactive Investor (there was a buy trade at 1.79 showing) and my first quote to buy with Interactive was 2p, 50 seconds into trading then immediately after it started to rise when I bought. Then sold within half hour.
Marked right down to 1.8p at the open in outrageous manipulation - I hope people took my advice to watch out for their stops.The MMs have had a field day hoovering them up.
If you look at a bar chart you will see a typical huge spike down just before the price moves up, so as to shake out the weakholders and hit the stops. ' News' such as Velo being a duster today is the cover and the trigger used for these kinds of shenanigans.
There's no manipulation going on though according to some.....LOL.
This will start TRENDING UPWARDS and with larger buyers coming in to replace small traders we see at moment.
Thank God :)
'allow' *
If anyone want a professional report target (not BB chatter from anonymous experts) look at Progressive Report.
Some people say but company comission report. Still they have to use real metrics & INFORMED estimates for costs from company
WITHOUT V1 then we look just less then 28p at $70 bbl oil price (oil price projection higher).
MAJ, you are a proper tool! Im here with an investment just like everyone else, if you look over the last few weeks you will see that there is far more ramping from others than myself here.
How about you come up to Glasgow and we can have a chat personally if you have a problem with me you can say it to my face rather than over an online chat. Anyone can personally attack others via a keyboard.
I don't intend to respond as im here to make money and not disturb the board as you have clearly intended on.
It was always a wildcat drill.
Production and value is elsewhere.
Dropped to bigger players in.
@mojito no worries, I knew they’d drop it massively first thing
WOS - with all your deep research & assuming Heron/XX comes on stream as estimated how much will the GoM pay PM per barrel delivered to their refinery?
MULTIBAGGER?
What you think?
Did not even mention 3 BILLION estimate for Petro Matad extension into Block XX !!
This share / investment VERY EASY if you look beyond few hour or days.
PRODUCTION / REVENUE / GROWTH / NEWSFLOW
Production (fast track Heron field development)
Revenue Near term Heron 1 & Renewable contract
Growth Accelerated with DQE partnership & low cost / deferred payment / offtake
NEWSFLOW - Heron Workover, New Block, Renewable Contract & Revenue, New Block, IOM meeting, Possible V2
This take out all useless talk of trader, what person but or sell, who say what, what colour underpant someone wear
Simple & for person who look at value in investment :)
If you would have told me after the last RNS about the LP that we would be down at 1.8 within a week I would have never believed you. Incredible over reaction/ manipulation.
Those who sold out after the LP and bought back in this morning have had a stormer. Expecting this to settle at around 4.5-5.5 by the end of the day. But it's pushed my top slicing plans back a few months.
Steady as she goes boys. Steady as she goes.
Can someone tell me what the value is just on Heron?