REMINDER: Our user survey closes on Friday, please submit your responses 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.
Mick-b
3 million children in poverty the highest ever!
The ever from when last year, 1950, 1940, 1930, 1920 ?
Are you equating so called poverty today with past poverty?
3 million children from a population of 70 million for get government figures that even thy can not prove and admit it on our population, The population in the 1940s was around 45million an there was real poverty then my parents grew up in it. Children died then through the combined effects of poor diet, poor housing poor health care, do not insult my parents generation you shxt. They started work at 14 yrs of age my grand parents started work at 12 years of age, poor diets out side toilets no hot water no proper baths only a tin bath that they took turns bathing in the same water.
Most poverty to day has been imported . the rise in rickets in the Asian population the return of TB again via immigrants .
Tell me how many houses have out side toilets and no baths or no hot water today, how many starving do you see walking the streets?
My parents and others never saw meat, they lived on muck, offal -pigs trotters, cows lips and lugs, tripe .
And when they dinned on muck Labour and Tory politicians dinned on steak !
During the 1930s Bevan the so called great Welsh Labour minister dined at the Ritz Hotel.
All through rationing of WW2 the wealthy including Churchill never lost a pound in weight neither did the then Queen .
My late father said the first time he had a bed with blanket's and three meals per day was when he was conscripted in 1940.And that would have applied to others parents and grandparents of those whom contribute to this board.
Poverty today =s fast food , Iphones , lap tops and a school run, mothers to fat and lazy to cook and no fathers names on the birth certificate .
Why even Angela Rayner MP, the girl who was pregnant at 16 yrs and got a council house which she bought cheap moans about being poor! but kept her £48000 profit secret for years.
I’m not laughing .. that makes a lot of sense, Einbert! I’m still in and committed too.. Buckfastleigh it is! I accept with the overcrowding I may need to opt for a deliveroo to the car park .. But I’m nonetheless looking forward to it …
I'd be happy to sell my remain share for a fiver.
I find it very interesting what is happening with HitecVision/Neo these days; for those who haven't seen, HTV have sold their entire holding in Vår Energi for several billion nok, it would make sense that if they are also selling Neo that perhaps they might package it up together with JOG and do a two birds with one stone deal. Most likely I'm completely off base, I often am; if this continues to dip in the coming week though I think I might even buy back my share for about 25% less than I sold it for, so don't get all excited when you see a 1 share trade happen, it'll be no mm secret code!
As said 699p dinner on me. No need to hint :))))) I’ll keep my word.
‘he needs the share price high to buy his golf course etc’ well only if the company is sold. News is imminent depends on what kind of news. We know that the next one is fdp approval. But please continue to post now that dick doesn’t come on here anymore we need your wise insight. Good news soon as we all hope! Enjoy the beautiful Spring season!
Yes, I still have my 2 shares. Looking forward, as ever, to that meal in Buckfastleigh when the share price reaches the totally realistic and reasonable £7. As indicated by the brokers’ research notes. Now’s a good time to top up.
I think we have to be patient for just a little bit longer.
I sort of believe that silence from Signor Benitez is actually a good thing, ( I can almost hear you laughing, but think about it) . He doesn’t want a low share price: makes the company even more liable to a hostile takeover, and he needs the share price high to buy his golf course etc. , and make his options worth something. So, he would be out there singing the merits of JOG, if he could. My guess is therefore that very good news is imminent and he can’t say anything .
No , always like reading his posts, one of the few who talk sense and adds to the investment case
Assume you're still on the bus, Einbert?
Anyone heard anything from him?
Topped up, expecting bounce today-very oversold
Looking at the buys and volunes today something has changed. Buy trades of those sizes havent gone thru for a while (probably wishful thinking I know)
What is the next expected update? Official Government Project Approval? And if so, when is that expected roughly?
The general trend for JOG over the last few years has been big jumps on news followed by a slow decline.
The last time it dropped to 150 was 2 years ago and it stayed at these levels for quite a while.
I suspect It's going to take more news to lift the price
Not so sure. Sure it wasn’t yesterday’s transaction. Think one needs to look at the price actions over the last few days. Could very well be a sell. Like Those two 400k transactions a while back, both sells. Price did ‘collapse’ from late 150s early this week. Personally I think it’s a sell. But we’re all guessing. Again it doesn’t matter; what matters is the price is where it is. Basically no big buys pushing up the price, even if this was a buy.
Almost certainly a buy. A sale of that magnitude would not have gone through at the share price. An 8k sell earlier in the day went through at 147.5p so no logical reason for a higher price on this one. This order has probably been floating around for a few days and MMs held the price down to generate sell trades.
Late reported trade for £ 100k - but is it a buy or a sell ?
Personally I feel no institutions buying in is they can’t see the direction of the company. What next? Sitting tight and waiting for revenue then dividends? If they’re assured the plan is to sell after fid then they will be more interested. Think AB’s sales pitch has to be more ‘defined’. All in my very humble opinion. Another 3 months’ wait. Share price?
We need inflows.back into AIM funds for institutions to buy JOG. AIM Fund managers are selling stocks to meet redemptions.
Given Benitz has failed to attract a single institutional investor at this point, I really don't see what he brings to the role. With the farmouts done now, if he can't bring in institutional money for shareprice stability at a higher level, then frankly I think he needs to go and we can make do with an Executive Chairman. (My first preference would be to completely cut down the BOD and put this into care and maintenance, but I accept that is highly unlikely to happen.) And before anyone starts jabbering on about not having faith in Benitz, it's quite obvious from the lack of holding announcements that the money managers also lack enough confidence in him to put a few quid of their funds under management into his leadership.
Storm in a teacup is a weak play on Cuphalfull’s handle. No very clever really. But the share price is so depressing.
I can only think that Benitez and the Board are happy about it.
Share price is depressing.
Meaning?
A storm in a teacup?
CHF. Share price going down = more sellers than buyers. Simple pimple. No conspiracy theories needed.
Did the SP not drop in the run up to previous milestones success announcement or am I imagining it ?
If they did, then its not beyond the realms of possibility that professionals are selling to depress the SP and get small holders to lose heart and get out while the pros pick up still very promising shares at knock down prices.
Cyril2, yes I do think it is rotten luck how things turned out re the CINOs/CADS since it was hardly forseeable that a "Tory" gvmt would behave in such a way; much more likely to be a disaster under LIEbour.
Why am I "so harsh" about the current CEO/BOD, well because the current CEO makes a ridiculous salary for someone who has presided over such shareholder value destruction, and has the nerve to claim he is underpaid whilst also taking large bonuses (for doing a job he has already been paid more than generously for doing.) He forced out the only real personnel asset that the company had at the time (RL) and tried to stack the BOD in a way which he thinks will be beneficial to him. He has unnecessarily announced hard deadlines which he then completely failed to keep without any advance notice to the market, and his only real experience in the O&G industry was when daddy appointed him at his company!
As for having current BOD members who have skills outside the NS - perhaps you could explain which particular members have suitable experience and where? (I assume you are not including Benitz in that, since his only experience at Longreach Oil was hardly a roaring success.) My research of Ithica indicates that really those chaps only have NS experience of any significance (and they ARE heavy hitters in that regard, no doubt.)
Those with any realistic understanding of how things are looking in the UK these days will accept that NS investment is simply dead for the forseeable future, and I would suggest that the cash received is either distributed to shareholders, or the board replaced, including the CEO, and the money used to diversify the company's focus as far away from the NS as it's possible to get.