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Adam great research , thanks for sharing.
Theres also the 2 institutions that have been buying in the last week to add to the list. GL
Mayfair Investments BV 48,333,300 25.7%
Baring Vostok Capital Partners Ltd. (Russia) 30,588,054 16.3%
Aberforth Partners LLP 20,594,333 10.9%
Harding Loevner LP 9,000,357 4.78%
M&G Investment Management Ltd. 8,970,675 4.77%
Farringford NV 8,152,557 4.33%
JPMorgan Asset Management (UK) Ltd. 6,353,673 3.38%
Majedie Asset Management Ltd. 6,231,937 3.31%
Wellcome Trust Ltd. (Direct Investments) 5,765,977 3.06%
Insti’ invested here. Also CEO and other directors vested here too. GL
You can not judge this by lack of activity on the board, im grateful this board isn’t like that of say VAST (which im invested in) where you get fickle investors typing all sorts of crap ramping or deramping.
My biggest gains were made when these boards were quite (IDE rose from 0.70p to 10p with the ‘herd’ taking notice at around 8p causing SP to spike at 10p and drop back down - PRD from 1.2p to 10p when hardly anyone was interested until again around 7p - PAT from 2.6p entry to 12p where again there was no more than a handful of posters. Theres more but you get my drift).
Look at the volume traded on here the past week, we dont need a jumpy board for this to move back up. The mm’s play around with these shares how they please but since this hit rock bottom the trajectory of the share price has been north and will continue to be so.
The most recent insider trading was a director last year buying over 3 million pounds worth of stock at 247p - ask yourself why. He had confidence in this coming good to front the type of money he did.
Apart from Standard Life selling out (causing the SP to crash with their last 2m sell at 6p) all the other major institutions are still vested in here. With over 55% of stock owned by them. We now have other insti’s buying in here at 25p+.
If you cant see the value here, then thats on you. Im certain this moves back up to somewhere close to 100p in the very short term. Savings made across the board in Q4 2018 which is why we’ve shown a profit in each quarter this year, news on GTU3 due imminently, talks of a takeover in the background and just in general a really bombed out SP will see this rerate.
See you guys back here Sunday evening or Monday morning. Until then dyor and invest accordingly. GL
News on GTU3 is due out any moment, with this being worked on for at least 18 months.
Kai-Uwe Kessel, Chief Executive Officer of Nostrum Oil & Gas, commented:
“I am pleased to announce the start of the hot commissioning stage and first gas into GTU3. This marks a significant milestone for Nostrum. We now have a clear line of sight to full commissioning and being able to move all our raw gas production through GTU3. This will allow us to strip more LPG from our raw gas than we can today, leading to better margins. GTU3 will also help us to further optimise operational costs at field site with one control room managing the entire field. This step brings us closer to completing a unique set of world class infrastructure in the pre-Caspian basin in North West Kazakhstan.”
Geordieshores, correct with your figures however It doesn’t t tell the full story, take last year for example.
One of the main disappointments was the Biyski West asset in the pre-Caspian basin, where a well bore collapsed in well 234, meaning drilling has now been halted.
Nostrum's revenue fell 3.8% to USD389.9 million, with earnings before interest, tax, depreciation, and amortisation declining by 0.3% to USD231.2 million.
Nostrum has swung to a pretax loss of USD92.2 million, after a USD49.8 million pretax profit in 2017, due to a USD150 million impairment of 78 million barrels worth of proven and probable reserves because of the drilling problems.
However, net operating cash flow rose to USD214.0 million from USD182.6 million, and operating costs fell 12% to USD49.9 million. General and administrative costs were down 30% to USD20.3 million.
Chief Executive Kai-Uwe Kessel commented: "Looking forward to 2019, I want to ensure we continue the positive trend we set in the fourth quarter of stabilising production combined with some of the lowest drilling costs we have ever achieved.
"I am optimistic we can grow production based on the lessons we have learnt and the results of the Schlumberger study due in the third quarter of 2019.’’
Thanks Billthebank, very informative.
I did a super quick day trade on Wednesday and made 8% on £5k. When it went up again on Friday I spent some time researching it, but I'm kicking myself for not doing the same as I did on Wednesday.
I'm a firm Believer that if something is too good to be true, then it usually is, especially in this game. If the rerate was that guaranteed this would never have dropped like it did on Thursday, even if it did go back up on Friday, the momentum would have been maintained. Those city boys don't miss much and I just felt the volume and buying would have been a lot more prolific if this 26p share should really be double that or treble that (or quadruple that according to some people).
This notice board would also be jumping on a Saturday day but it's not.
Like I say I'm looking at this very carefully as a bigger, longer term investment. I'm putting it through all sorts of screens and two of my volunteer helpers are also having a look.
I'll post a bit more info soon.