Member Info for Alavib

I Agree, no matter how we read the today’s RNS but the bottom Lind is the net profit is lower than 2019, so all the other sexy bits in the RNS are just glossing over the decline in net profit from previous year
But despite that the 6.7% drop was nothing short of conspiracy I MHO , the are some dark forces behind the scene who can pull this share down at a vim
The drop was not deserved and god only knows who these dark forces are who can manipulate this share in such a way on such a day
I am all but sad that such practices are allowed to happen costing the company MC millions in process and losing money for loyal LTH’s

The logic tells that the update will be released at the time of US market opening which is 1400 hrs in UK
They need to be seen to play in a level handed way fir both markets so I don’t know who started spreading the 12 pm romour

Has anyone here received any notification from their broker saying that the company has completely been liquidated
I have received a note from HSBC invest direct dated Dec 29 saying that
The company has announced that as of 13 October 2020 by order of the court in Cayman Islands the company moved from provisional liquidation to full official liquidation
Please anyone let me know what is going on here

If they are doing S&V it is not working look at the volume no holder no matter what will fall for this MM’s trick and sell before a massive game changer results are yet to be announced
This is the AIM and MM’s despite the unproven notion that the price is driven by supply and demand are devious players in the so called investment markets
Hold tight this is a 18-24 months project and use the dips to fill up if you have the funds

The saddest thing about BPC is that they spent over 100 Million $ and near enough 12 years of so called research etc and got everyone to part with their hard earned money falsely believing in their doomed project in Bahamas
Drilling on a spot where there is no 1 billion barrels oil!!
And taking credit for it as the operation went without incident!! Well correction the operation did go with an incident they found no such thing as 1 billion oil, that was the biggest incident that could have happened
Now they are trying to sweet talk the people who were conned by talking about their other projects away from Bahamas like in a place like Uruguayan project, who on earth has ever heard there was oil there
Another cone I guess

Hi everyone
It looks like I was still checking for news on LSE old page on this company and was surprised to see there was no chats!!
I have been out of loop since the suspension and then got a letter from HSBC invest direct that my shares have zero value
So I googled the company and red the latest RNS’s from the joint liquidators and seen that the G3E is now in full liquidation
Can anyone update me where are we with this
Is this coming back (if at all) under different name and we will get shares in the new company or they will re- list under same name and trading will commence?
Any info will be much appreciated

Over 10 million selling
The Mm’s are scaring the S..t out of weak holders or those who were sitting on massive profit
Once this shake out is out of the way the SP will find it’s true price soon

This case has been dragging on since 2012/13 the other party to the case Rapsol of Spain was paid off 5 Billion $ long time ago and moved on
So why is the rest of the case is taking this long with still no end in sight
The judge should know the Argentine government quite unlawfully nationalized a private company and as such must pay compensation to the stakeholders
Do we know by which day/ month/ year we might hear some visibility as to which way this will go?
Plus this is only one case in many which BUR are handling why then the markets on both side are so concentrated on this one case which by all account BUR had already done well out of it since the beginning
I think the markets need some kind of reassuring numbers from BUR to mark the share up to what they should be over 10 quid
But as usual BOD are acting like they always have hear nothing see nothing and say nothing!!

Warrants are another form of discounted placing
When they can be exercised at prices which are 50-60% lower than the current share price
So if I was a warrants holder and exercised them say at 1P then I can immediately dump them in the open market and double or even more my money without saying boo
So it’s not surprising that that retail investors who bought in much higher prices are now well under water
There should be a caveat attached when these are exercised that they cannot be dumped for a minimum 12 months to calm the markets that there are not too many shares are waiting to exit
But this is not the case
So the only way the ones under water can recover is if there is a big find or any game changer news

We must not forget that 7-8 months ago we were in single digit SP and the markets have rewarded the company almost to 10 baggers at one point recently
So it was inevitable that the markets were looking for the slightest bad news to impose a correction and in process shake the tree and get those with good profits and or stop loss to unload
Well it has worked so far and I think the MM’s are still not quite sure all they wanted is off loaded
So if anyone LTM believes in the projects GGP are in for then they hold and wouldn’t give the MM’s the opportunity to get their share sold for cheap
Patience is the key word
GLA

Well it tells you all you needs to know about fools tipped companies
Based on their recommendations today the markets have done exactly the opposite
Marked the share price down 4.5% which is a big drop of late
Granted the markets are now pricing the shares in line with £/$ ratio which unfortunately is not in our favor as the $ is sliding on daily basis
But the only way to reverse this constant culling of the SP by this market which only understands profit growth and nothing else for established companies such as BUR then the only way the SP can travel north is if the company can prove they have had a good return on investment for upcoming financial YE report
Just like the rest of us long suffering long term holders

Has anyone here received any notification from their broker saying that the company has completely been liquidated
I have received a note from HSBC invest direct dated Dec 29 saying that
The company has announced that as of 13 October 2020 by order of the court in Cayman Islands the company moved from provisional liquidation to full official liquidation
Please anyone let me know what is going on here

Since when the Fools have been right about any stock?
Those who waste time listening to what fool spread are just the same fools
Never listen to these paid investment gurus they have other interests and yours is not one of them
Always do your own research
PFC are a multi billion $ turnover company and one of the best in the oil and gas service providers
They have spread of activities from off shore to onshore and are trusted by many huge NOC’s as well as the majors in the oil and gas fields
You only got to read about their backlog of projects running into over 7 billion $ these shorters will get burnt when it comes to close their positions you just wait 4-5 weeks and see

As someone mentioned previously, the markets have moved this up almost 100% from its lows in March April last year
The markets like the rest of us are waiting to see what the hell has been happening in the company with regards to profits potentials and any game changing cases which are well progressed and could yield massive returns
On all those counts the company is dead silent and as I said we are not going to go past the resisting 8 pounds until both markets either side of the pond see there are reasons to re- rate this share
For now the markets have done all which was reasonable pushing us from 345 lows to almost 790 at one point but lack of news updates and anything else which we all need to be aware of is the reason for the constant drip and this will continue till mid Feb which the company usually put out some updates
Pure and simple news drive the markets we don’t produce anything we are a service provider so we need to updated on what services and to whom we are providing and what are the definite and potential returns
GLA

Most companies give some trading updates to the markets before the annual or half year results
But our BOD have gone AWOL and no news or updates regarding the cases in the pipeline or those they might win and potentials etc
Our BOD are either very very confident about the business they are running that they see no need or indeed justification to keep the PI’s on board with the business news and or potentially serious opportunities which will in the long run help the SP to move to the right, and or are just selfish and uncaring bunch that are quite happy to take huge pay and bonuses regardless of where the company direction is
I for one would sincerely hope for the former, as these guys have dipped in deep into their own pocket and have invested in the company so they like the rest of us loyal holders have vested interest in seeing the company does well
I am still baffled as to how a Billion plus company can justify to remain in AIM as moving to the main market will bring in many large II’s to take the company seriously as an investment opportunity
Maybe someone can answer as to why BUR insist on staying in AIM which is a very risky market

Volume today is 165000 trades more bought than sold!!
So there are no day traders as the buys are more
Also if Gladstone is shorting then why are their trades no showing in the LSE ?
The thin volume is no reason for the SP to be up and down like we see day in and day out
For example if thin trade is the reason for such volatility then look at STCM daily trade no more then 70000 , 80000 but the share price is holding and some days going up and keeping the rise
As I said the only way the markets are going to re-rate this share past the resistance 8 pounds is to show solid results in the next end of the year financial results

No justification for such crazy market action, how on earth the company’s SP be up 25p in one day and pulled back the same the next day?
MM’s are playing games with this Share and only if we knew what is their end game here
The only way MM’s can be smacked in the mouth is for the company to show solid numbers in their next set of end of financial year result
Otherwise we will be at the mercy of these game playing people and we will continue to suffer these stupid lows and highs

For those short termed who think this will fly , I have news, take a look back at GGP 18 months ago, stuck between 2P and 1.5 for so many months and then slight tick up and as more good news kept on arriving post drill results the share price followed the same good news and at some point more than 16 baggers, so we are in the same period now not forgetting that the SP has risen quite a lot even at 4P
So, my message is to the genuine LTH’s look at EUA and GGP and draw your own conclusions
We need time and patience

Well to say this company is testing the patience of so many LTH’s is under statement , all those who were ramping up back in early Oct last year that once we start trading in US the 10 pounds will be history are now having to eat the humble pie!
So the markets on both side of the pond are waiting for any positives signal be it the next set of results or any interim news about a potential money making case having been settled
Till then Mr market will play with this at around the current SP
So don’t expect even 8 pounds in so very near term
This will take two years to repair the MW damage

Trek
Good post and very true. But let’s cast our mind back to likes of GGP and EUR, these were trading at below 2P over a year ago and look how many peaks and Troughs the holders went through until the SP’ over 15 bagged!!
So if you believe in the project in the management and the assets, then there is no harm to trade this share on any large Spikes and buy back in on the expected pull back, this is the way the markets work and if we are clever enough we pay attention to their workings and use it to grow our investment
Or just turn off the screen go away and wait as long as it takes to see the expected Multi bagging of the SP, this company is the next GGP and better in MHO