The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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.
misstesses,agreed with you for getting 10%,smart move,if timed it well, but somone in the game for months and waiting for exit,either at breakeven or 10% is a bit silli,specially when turnaround can happen here and it can happen big way!!
Any strategy suits person is good,as long as they make money.
But this guy Avi8r think he is special because he is been here longer.
Also he tried this silly negative posts against me in past too.
Good luck everyone and enjoy the ride which is about to start with flow results!!
Dyor.
misstestes, from my experience the 10% strategy is probably one of the most riskiest and unfufilling strategies because the risk is huge and the reward is minor. I done it for a few years and used to think this was great, then other times I went back in for another 10% and the share drops by 50-60% within days due to a bad RNS, so I've given up on that strategy, the only time I ever do it when I'm bored.
The real money is made in the market is with the buy cheap and hold trading practices that you seem to be criticising, it's not just a fancy line that rampers use, those who are saying it usually know from their own gutwrenching experiences of missing a multi-bag because they sold too early for 10% and now want to avoid that mistake again.
I have to disagree with you.
Just cos you have been here longer doesnt make you any more smarter or knowledgable than someone that hasnt been here that long. They could see things youre too blind to see etc.
Dont assume that time served makes you somewhat of a specialist in any kind of field.
I am as you say "run way" with my 10%.
I am comfortable making the kind of money you'll never see with your trading practices so keep moaning about the traders etc whilst we enjoy our lavish lives.
Yes,multibagger if we hit even 10-12p!!!
Are you going to be here for more than that??
Maybe you will runaway with your 5-10%???
Really muppet Avi8r.haha.
rather more qualified to comment on the situation???
Really,no wonder you are here much longer!! Haha.
Really rethink about investing mate.lol.
Funny that, i was quoting your figures, muppet.
Suggest you re-read and learn to understand how to interpret words and numbers. You need to stop being so excited, many of us have been here a while longer than you and rather more qualified to comment on the situation, which you clearly are not cognisant with.
What a dumb guy Avi8r.
So right now our revenue is around 4mil and our mcap is 18mil,lol.
No wonder people make big losses not even knowing mcap is multiple of revenues and profit.!!
Hahahahah.
Another fake id trying to make people sell.
MUPPET.
Block wouldn't have made a flashy video to show testing is happening if this was dry as a bone. They know it's good, it's how good. I bet they'll be bang on target about 500 and that will bring confidence that the next drill will be the same.
Go Bloe Go
Good flow rates here and we will hopefully see the market has recognised that BH have found the key to unlocking the vast resources under Georgia? Rerate then a second rerate on the realisation.
Yep !
Even taking account of all the disruptive history , all the negatives , it`s a complete mystery .
A totally incomprehensible capitalisation .
A mystery soon to be solved . imo .
Magsoof - you answer your own question. Assuming your 500bpd estimate adds £11M to the mkt cap then taking you quoted figures (£18M) the answer is £29M.
The truth however is slightly more realistic; current mkt cap is £16.9M.
Whether its a 'MILTIBAGGER!!!!!!!!!! Written allover it!!!!' remains to be seen. As for the £1.00 price (bigboffer) that makes the mkt cap over £626M. If only.
Who needs Degsy when we have maqsood?
Mcap 18mil.
Cash in bank 5.5mil!!
Already producing!!
Revenue 4mil plus pa!!
Means only producing asset is counted in our mcap??!
If we producing 500bopd plus means we are going to be adding nearly 11mil in revenue!!!!
How much will that add to our mcap??!!
MILTIBAGGER!!!!!!!!!! Written allover it!!!!
Dyor.
Just need Degsy to pop his head round the door and we’re full throttle rampety ramp. Long over due mind, patience is a virtue.
~~~ Correction : I got them at 2.85p .
Still time for a few more ...NOOOoooo :-}
` Putting my money where my mouth is ! `
I have a feeling that the MM`s know news is xx hours away ~
Had to pay the full whack but couldn`t resist yet another teeny weeny top up .
Far too many now , but I`ve seen stranger things and something nearer to bb`s 1.00 `COULD` just happen in the next few months .
I think things are about to hot up :-}
GLA
From such a low market cap, with cash and no debt if we get decent flow rates and already stating it looks good based on logging the share price will go mental and 100%
bigboffer, at the end of the day, if the company produces the results, the market will eventually react and this will reflect in the market cap, with it being so low at the moment at around £18m, it's a no brainer. There are other companies floating around at between £50m-200m like 88e and HUR, so a good number of results and we could find ourselves in a similar place.
This is why I've taken a decent position here, despite the previous struggles, I do think they have turned a corner and I'm struggling to find many shares with a potential to multi-bag like this in a decent time-frame.
RNS lands or the mm’s get a sniff of one with good results and buyers will be locked out until a level is found exciting times ahead imo gla
As I have been mocked for by many when i called this a quid a share if things go well. Its totally true, with a little bit of good luck this will hit a quid. No-one has dared mention yet that this new well and existing wells and future wells could actually be very good producers accross the board and have lots of gas as well and in that case a quid will come easily. Just needs to start delivering something as opposed to radio silence and PH stories. Let it flow and 10 p will arrive and leave.
I agree but ~~~ buyers are extremely cautious here as are the MM`s .
They`ve had the sp pegged in this 2.5 / 2.9 range for weeks and are clearly determined to keep it there with a spread that varies between 10% and 15% .
It looks to me like a very tightly coiled spring .
If you`re not in if / when good flow results are released you`ll be chasing a wild horse .
The mkt cap here could easily double on the expected / hoped for result , could easily move up again on tne next spud and IF the next well turns out to be a success , double again from there .
~~~ Then there`s the GAS !
GLA
It really is time this smashed through the 3p ceiling, certainly on positive flow rates anyway.
2.8p - 3p on the bid today possible
Anything around that rate will make SP ho mental!
BTW,mms have closed the counter again,after selling some shares to some lucky buyers!!
Yes very close indeed gla