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.
I think 3p is a fantastic entry point imo nearly took my position at 3.2 … thinking it will hover around here now I’m just worried after reading China has a big covid increase and concerns on maybe lockdowns may have a knock on effect here watching closely
Don’t want to repeat my Alba mistake buying a little to early to see it retrace due to slow progress
GLA
Terrier……I am not a troll but a long term holder. Just amazed at all the rampers on here that try their best to talk this up. It will go up one day should we ever get oil out of the ground but at the moment that seems a long way away. Better chance of buying at 3p at the moment than 10p.
Ignore the troll noise and enjoy the movements.
3p by tomorrow nevermind April.i bet someone is going to come up with 10p by April.
The longer this drags on the closer we get.
Badprophet my issue with Hamm is he doesn’t stick to the facts.
Horsers, I may disagree with but he doesn’t blatantly take what MB has said, ignore it and present something else as fact.
So to repeat I have never had an issue with Horsers and other ‘derampers’
Hamm on the other hand talks nonsense and I can’t understand him at all.
Well said Badprohet
Some are half full guys and some half empty.
Have been accused myself of deramping to buy back in at a lower price .
Simply not true I am holding like the rest but am more cautious based on the facts MB has presented us along with how the Macro political world will play out .
Ready to be shot down as per
I don't know anyone who posts here. I have suspected that some of the rampers (FA et al) are paid or have some other motive for their extreme optimism. Anyone who expresses a counter view such as Hamm is heaped with opprobrium and accused of not being invested and/or trying to bring the price down. Fact is stuff posted on this board has zero effect on the share price. Why don't we all just shut the **** up and see what develops?
Look at the bloody chart . It's a down trend until we get solid confirmation.
I love to do man is in dreamworld and is having a good time in Italy while we are all stressing on this board.
Classic case of blind leading the partially sighted
I agree with hamm . I don't understand why people think comments on here will bring SP down.
People were ramping 10p by April and 20p by April.
STOP kidding yourselves. MB needs to do plenty of ground work before he can bring oil out and he is personally a failure .
MB has had few years to sort the permits out but still not there.
His biggest failure is relying on 1 company to do the drilling when he was clearly told they are busy .
How can you run a business by just sticking to 1 supplier , plan b is a must in any business.
We are in the dark with no clear dates or work programmes and it's almost April.
Fk knows where people are getting this positive vibe from when the market has clearly shown what MATD is worth with up to date information.
I do hope MB wakes up and get things moving before he wastes another year.
Hamm what’s it feel like been so hated, your a fool who clearly has a agenda to put Matd down, just remember the kind of government Matd are dealing with then the smaller Districts there, I know what they are like because I’ve dealt with authorities like them, Matd has the oil, the money, but what we don’t want is fools like you who aren’t invested in Matd, I know your not invested in Matd for a FACT and you know how I know simple you keep putting Matd down, every one of your comments makes me sick looking at them you must be sitting on your own Lonely confused in a dirty run down apartment thinking all these bad investments that you have made in your life and lost everything you might has well act like a Miserable fool like you are
Ramper....glass half full.....deramper.....glass half empty.
Would need to be very good.....and work very hard....to influence anyone to buy or sell in sufficient nos. to affect the MC and Hence SP for an advantage.
Best to just buy and hold any stock you have confidence in.....and probably best to get away from sharechat....GLA
There is no INTENTION to bring Heron into production!
Once MATD had oil but no permission,
Then MATD had oil and 'permission', but no money,
Now there oi, money, 'permission ', but contractors have no slots!
BTW contractors are offering delayed ,discount payment/deal but not for Heton1!
Too many unanswered questions here.
But one thing is clear. No INTENTION/willingness.
MATD more likely to miss another year or so.
Enjoy your Sunday afternoon guys.
As mentioned I am new to oil..
But what I can make out is we have everything in place to take the oil out bar the rigs which just need construction?
All paperwork seems to be ok and we have the government on side and investing in pipeline and refinery
Seems to be primed to explode or am I missing something?
I understand it’s taken longer than expected but is that the only gripe ?
Cheers
GLS
The question is not so much is this share going to re-rate but rather by how much. Progressive have issued a valuation report which indicates at 60$ a barrel we should have a value of around 29p. I wish. Remember that Progressive are hardly likely to have gone into Mongolia to do their exercise and would almost have done it at the request of MTAD why else would they do it now at that time. Personally, and nothing against the Management Consultants on here, have a healthy sceptism of MC's. The definition of a management consultant is one that looks at your watch and tells you the time. So basically Progressive have given the company what it wanted to hear. Having said that it is not too difficult to see that this will re rate as it is ridiculously low at the moment and also that in time it might reach these optimistic levels.
If i am right Progressive are forecasting that with Oil at 60$ a barrel we should reach 29p per share give or take.. Currently oil is running closer to $120 a barrel but we all know that is hardly likely to happen for very long but hopefully long enough as MB put it to make a bit of hay while the sunshines and do hope that he is not going to spend his time negotiating the for the last half penny and miss the boat on this.for very little. That could easily happen. A future on going price for oil would for sake of ease of calculation be 90$ a barrel some and would appear more realistic than assuming 120$ plus or whatever it is. Assuming the SP is linear with the price of oil and no other variables change with it. is not too difficult to see that Progressive at 90$ a barrel could suggest a price in region of 43p (ie 29p plus 50%) in line with the increase in average price of oil. obviously if you want to choose 100$ a barrel it would be more and vice versa if you choose 75$.
In arriving at the 29p per share which i assume was based on the 900m shares currently on the market there would have been a number of scenarios and i am guessing that this is one of the more optimistic scenarios which is probably why the company chose it. Now the question assuming we accept it is going to reach 29p per share is how long it will take to get to it.
It would be lovely idea to think we get an RNS on Monday (probably hopeful thinking) about deals with DQE or not and this share will jump to 29p almost overnight. That is not going happen. IMO and based no real knowledge other than instinct the shares will re rate fairly quickly to between 4-6 times current value assume 3.5p that makes share value will i think come out very quickly to 14p at lower end to about 21p at the top end. It might spike at higher than this before settling back down. All this is assuming a decent RNS on dates times and deals etc if of course it says we have missed the boat boys and it has sailed wihtout us then this will re-rate almost equally as fast downwards. however the share is valued so low that the upside far out weighs the downside.
"Fair analyst I just want you to know I read your post on EVR and your positivity boosts my morale. I feel negative but I want it to turn out ok"
The work of a good ramper. Tread with caution when it comes to FA
Apologies, didn’t actually highlight the main risk, which is we don’t actually have anyone to get the oil out of the ground.
Just remember that when Fair talks about risk and reward that PM is exactly that, he is very positive and I appreciate his lengthy comments but this isn’t a sure thing by any means, especially in the short term <12 months. Mike Buck seems to get the fundamentals over the line but I wouldn’t hold your breath on that happening this year. If doesn’t, you will inevitably sat with a loss until it revs back up again in 2023. I am heavily invested here so please do not take this as any form of deramping I just thought it fair to highlight the risks rather than just focusing on what I’m sure is going to be a share price in the multiplies of the current, it’s just a case of when really. And before Fair comes back teaching me to suck eggs, yes, I am very aware that investing in AIM always come with risk, he just sometimes fails to mention them.
Mullins
Thank you will do.
ATB
Fair
Thank you, yes very helpful.
ATB
Furion, have a look at TRR a royalty company. Atb
Fair
Thank you for your input and maestro
I want to just have a straight forward solid play which is why I was leaning towards MATD And think will go with that.
I agree jumping in and out has not been good I did that with EUA madna small profit but then saw it rise to 40p.
I’m looking at building a good portfolio for my sipp with good div stream I also bought in to EVR
fair if it’s not to forward would you mind sharing some of the decent div plays you have for me to have a look over would like to have a diverse portfolio with good div stream
I’m in
Alba gdr syme vela n recently into evr poly POG n back in eua
Cheers
GLA
Not sure who been selling at these prices.
I took advantage and bought few more at 3.57 which is still better than 4.50 around 2 weeks ago i paid. Happy with that. Each to their own.
Fair analyst I just want you to know I read your post on EVR and your positivity boosts my morale. I feel negative but I want it to turn out ok
Fair analyst I just want you to know I read your post on EVR and your positivity boosts my morale. I feel negative but I want it to turn out ok