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Most PI,'s on here Don't need guidance they need counciling.
We can try to time our entry (in my case re-entry of float shareholding position) within 20% of s/p nadir (imo),.... for myself, I started buying back s/p@12p, then 11p & then 10p ranges,..... Good Luck with your decisions. BW
Close , yes surely very very close , I wasn't in for humpback but can see an opportunity to make a good percentage without exposing myself to results here.Having said that its been pretty brutal what's happened since that RNS so I will most likely wait a bit longer. Best of luck btw.
Re Chrisoil - he's someone that has said previously that fogl looked really attractive and I actually tweeted him about it in Twitter. His reply was to read his article. Funnily enough only a few weeks later he was then saying the opposite. Take it with a pinch of salt is the phrase I would use to describe him. All the best though from me
yes, the shorter's are no doubt smiling,.. I do not short myself, although I do reduce my float (but retain core shareholding) shareholding position to zero at times, as I had here at FOGL prior to Humpback results, which I have now started buying back. With a Market Cap of £57.35m, I'm also thinking we must be close to the s/p nadir. BW
Those that "bet" on the result going the other way will be sitting on a very tidy profit right now , this game works both ways. I'm thinking from here it's got to start going back up or at least very near from this sp , placing is worrying but would they at this price and for what , as far as I know they are funded for all planned operations and have sufficient funds to continue for the foreseeable future albeit with nothing going on.
I don't post very often but have to say that I am not surprised at the continuing decline in SP as shareholders panic. References to Afren are simply fuelling the panic as FOGL bears no resemblance to Afren whatsoever. There is cash in the bank, more to come, no debts and two major oil strikes so no comparison can be drawn. The MM's will play this as much as they can but the slump in oil price and inevitable rise will ultimately see this share through. Study the history oil will be back in favour. With two hits and on the back of a failed drill with NBL I suspect the BOD are concentrating on other things than the SP and making the short term investors money and happy so they can bail out. If you don't believe in FOGL then get out now as well over 90% of shares have not moved despite all the panic. If you want to make money quickly then don't complain when this doesn't happen and the BOD are on a medium to long term mission.
Please paint your own pictures-you know what she looks like? PLEASE
No, at current prices RKH is not a bet. And as for 'last chance' PLEASE. Dont waste your time nor mine. Stocks like these will be up and down like a *****s drawers. Always another chance-unless you have missed out on that perfect *****? WO
dazah, I'm sorry friend but I fail to see how anyone is sitting on a profit with FOGL right now.
Last chance before 6p fogl placing according to chrisoil
Every day we lose. Every month the wedge lands for the BOD. Are they pulling the change from the family sofa to buy on the cheap? I have said this before-save me the job. Total salary plus on costs are £?-IF we hibinate the assets do we need this cost for OUR profits on oil price change? I think not. WILL it happen-No PI's are being played third fiddle. BOD will continue to trouser the dosh. They will not worry for 1 second about the owners. This is heading for sub 5p-if you can keep some cash back for an attack-even the theives dobt want 0p? WO
Somebody posted here last week making similarities between FOGL BOD's and AFREN BOD's and I thought they were being ridiculous but sadly the comment appears valid. FOGL were quick to quench the soaring share price on sept 11th via RNS but where are they now to reassure their shareholders. Therefore they must know why we're tanking. Something sinister going on here. FOGL BOD have a hidden agenda and to think my family fought to keep the Falklands in British Soverenty back in 1982 just so these twats could drill today.
I believe the BODs have proved to be totally incompetent! Why are they still in post? There should be an EGM and they should fall on their swords , repay there salaries and explain their incompetence. They bought Desire Petroleum and still cocked up Poor shareholders
Just come in and my God more bad news when will this stop.I hold other AIM stock but now feel time to go MM,s having a field day yet again back to top companies for me.
I am very ****ed off with the period Frantic Friday to Woeful Wednesday. There has been a basic lie here-not BB *******s but something whare YOUR bod has been happy to say nothing. Frantic Friday RNS we Know nothing-Woeful Wednesday nothing at all! Why no new message that they KNOW nothing why the SP has further tanked. Perhaps they do? Every day is salary day-next one will be £xxx bonus for getting SP to £0.00y and a financial cuddle to stay during the handover. THIEVES.
Finished my double today, & started on treble!!! BW
Make mine a double!
Guys,Guys, get a grip. We all did our research and,OK,Humpy was an unwanted reverse. Ditto the current price of oil. Not a good time. But something still doesn't add up. This share should not be anywhere near 10p at this juncture. It feels like some shenanigans are afoot,MMs,the B-o-D? Let's hang in till Isobel. Surely this won't sink lower than it is?? Remember the fundamentals of the Co - this should revisit the 20ps before the year's out,imho. All should change upon some official news. A few weeks ago,I enthusiastically recommended this share to many,including my hair cutter....shan't go there this week,will probably end up getting an unwanted pink Mohican!
''good news does not make aim shares always jump in a big way'' true....with fogl it has the same effect as bad news tbf
I don't have 1p but i have loads of worthless paperwork
1p for the guy?
I agree spot on
Those same people are the ones who drive a price up ( see mad Friday on Humpty ) and head for the door when all the sheep are believing their ramping nonsense and creating a rise on rumours , lies and misinformation , most probably laughing as folk are filling their boots with shares. Tbh I doubt anyone is buying in for the next rise just quite yet as this is in free fall , having said that if the same people create more bb rumours in the future who's to say you couldn't make an easy 50% without the risk of being in for the result.
what we are seeing happen with the share price is classic aim manipulation, this will keep dropping to around 8p, that will happen to scare the weak into selling, before the share price slowly creeps back up.i have seen this happen 100 times before on aim. you can understand everyones frustration as the share price was 37p when the er rig was on its way to spud the first well, and to see it crash to 10p does take some working out i would agree.remember though that these are only paper loses, no ones lost untill they sell their shares.the trouble is these days is that most people invest for the short term and want instant returns, and add that to the fact that a lot of these aim companys are always hungry for peoples cash and are very economical with the truth regarding any rns's then you have a potent cocktail for massive moves down in the share prices when any bad news or no news is released.its not fogls fault the share price is where it is, but my feeling is that fogl got over ambitious heading to the unknown south to drill when they had two proven oil finds in the north, and near to where sealion is.being a tiny exploration company and not flush with millions of pounds fogl have had a expensive dinner with the more wealthier noble and came unstuck.hindsight is a wonderfull thing but i rekon fogl are now regretting heading south when they could have stayed with pmo and rkh in the north. as for any share placement i can not see that happening as fogl will wait and see what they have with issy and zeb before coming out with the begging bowl like most aim companys do.the share price will correct itself in time but it will be along road ahead, thats why i wish some folk on here that were coming out with crazy share price predictions in the past would rain their views in a bit, as people take the rubbish spoken like £1 share prediction seriously then they invest their doe on this stupid talk and end up taking a hit. in my opinion if we had struck oil at humpy then this share price would never had jumped over 30p as good news does not make aim shares always jump in a big way, but bad news will always make them drop 50%. this will come good folks just sit tight and do not stress.