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That’s why many of the world’s best investors, like Warren Buffett, have to diligently search for opportunities where the incentives of shareholders and executives hew to the same line. (Buffett himself, by the way, is no hypocrite.You can get better, steadier returns by investing with an executive whose net worth and risk profile track that of shareholders. It makes sense to align the incentives of the CEO with those of the company’s investors.
The same Buffet that suggests the impatient pass profits to the patient yes I agree
Every CEO, of course, holds some equity in his or her company. It’s often equity that was granted as opposed to an actual investment, though. Our clients want companies where the boss has pushed all in, where his or her wealth is deeply tied to the company's fortunes. Private equity firms now seek out investments where the CEO’s risk mimics that of the institutional fund — where the CEO loses real wealth right along with shareholders if things go sour. It’s not easy for small investors to mimic the actions of their big-money peers, but in this case, it’s possible: You can get better, steadier returns by investing with an executive whose net worth and risk profile track that of shareholders. It makes sense to align the incentives of the CEO with those of the company’s investors. And yet it’s surprising how often those things often run askew of each other. Most CEOs garner a large paycheck regardless of stock performance. That’s why many of the world’s best investors, like Warren Buffett, have to diligently search for opportunities where the incentives of shareholders and executives hew to the same line. (Buffett himself, by the way, is no hypocrite.
Croq you own investment strategy is a personal opinion and irrelevant to this bb the only thing that's relevant which will bring value to all investers is ukog as such suggest all do what ever it takes to support our investment and ensure we have a profitable FTSE dividend paying company
Of course non-holders do not need to buy in if they are unhappy, Idespair, but for current holders, a review of your investment timeline, current progress and SP is worth making.
Looking back at the Jan 2019 Strategy and drilling plan RNS (for 2019-20), progress has been much slower than anticipated operationally (e.g. 2 horizontal wells by end 2019), although clearly progress has been made elsewhere (e.g. additional acreage, albeit via dilution).
I am hoping to see an updated strategy plan released for this year, but the ongoing silence on communications and delays are concerning, which are leading (imo) many to reviews their positions here.
Delays, of course do happen, but a 1-2 year time frame, could turn out to be much longer, without any guarantee of success in all areas under consideration.
This is still a risky play, despite considerable progress, and I for one, although comfortable with my holding and average (1.48) am looking to hold for news, rather than consider adding further.
This time last year I was hoping for a return to a 1.50p to 2p SP by year end, and now 1 year on am looking at the same for this year. I see this coming good in the long term, but just do not see any sharp re-rate in the short term.
But what do I know, as apparently I am either a troll or a trader for not being 100% positive on every aspect here, despite having a realistic (imo) outlook.
gla
Dynamo and as invester more than happy to I best in further licence area. Dont forget we have 25 years of the black gold to sell have a feeling my investment will show the return I expect never been wrong yet
Exactly. The spread bet crew forget this for some reason!!!
Wizard you Did not add:
5. Shares value being decimated by loan notes..
You have to tell the whole story, not just the bits you consistently ramp...
Not to mention funding startup & operations while becoming established.
Dynamo2
While I have to agree with you assessment of the dilution giving the number of shares inissue here.
What you don't mention is the value added for the shares:
1. 32%-86% ownership & revinue of HH licence with planning permission for 6 wells & water injector well now flowing for over 18 months.
2. 60%-98% Ownership of IOW licence.
3. 40%-67% ownership of Holmwood licence.
4. 100% ownership of PEDL 234.
Dynamo2, you don't have to buy shares if you are not happy with the way things are.
Name every FTSE 100 director with ownership. ? Move on troll. Ukog have 2 wells in play more licence area yep it's only the beginning come back in a year at 8p
Angus management put their own money in.
Everything has a cycle and yep ukog are on the brink of another huge rise some will see some look
Back in 2017, it travelled up from 0.85p to 11p in pretty quickly order, multiplying, therefore about 13 times, so it can certainly rise very sharply indeed.
Jones fortunate enough to see this rise from below 1p to 8p before I sliced now much more on offer expect the same get ready its soon
Bmdgf. We have seen it before. Enough said
To be fair this does seem like the type of share that could explode up to the 5p + range within 3 or 4 trading days or implode down to under 0.10 within a couple of trading days, obviously just depends on what sort of news come out next.
This could rerate very quickly
Once the oil starts flowing from the two wells and more to come 2 3 4 p in a week
I am still keeping an eye out for Tymers update on the mysterious pipeline we have ??
Grills are interested
Lots of interest
News iminent
Says it all
Keep your eye out for Steptoes updates holders
The price support kicked in lower that I expected. History suggests just below 0.8p. Good to see plenty of demand still knocking around for UKOG shares. Shame about the background seller but should clear soon.
The operation on site have clearly stalled, assumption is we are only pumping from HH1 but we don’t know. Last update mentioned forward plan of a pressure build up test and dual flow from 2 wells with some adjustments to maximise oil flow from both wells. The rns so mentioned a water ingress with a simple routine fix.
The current price reflects concerns that the water issue isn’t a simple fix, and the background seller. The bfpd coming out of the ground was positive and maybe enhanced with additional work.
For me the most likely reason for the delay is that we are looking to secure the equipment to fix the water issue. Not much pint in releasing an end to say there is still a water issue, we are still pumping from hh1 and we are still doing a pub on hh2z.
There could be a big surprise in the next rns, previous Annie cements indicates that we would be looking to do another drill and a water reinvention as soon as hh2z is complete. We may be looking to fix the water, drill a reinjection and possibly a horizontal on hh1 - planning permission already in place.
Either way certainly doesn’t seem to be the time to panic. Cash in the bank, further funding already available and oil flowing , albeit less than we would like at this moment in time.
Clearly many are looking for a lower entry, they might get it, they might not, but I am happy to be in now. GLA
And when is this going to 0.0 then penguin
zoom
You'll probably see a lot of happy peaple
Sold at 1p and buy back in at 0.5
Play the AIM game