The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Hellllllooooo!!!!! do we have any updates? if not then please tell us when we should expect one by.......whats the best case scenario, whats the worst case scenario........................nothing at all leads me, and i guess many other investors to fear the worst........so, whats the state of play just now? Dont tell me you have had absolutely no communication with PING or any other potential future companies since the last RNS, that would be either total BS or total incompetency on your part.......so which is it?
Unless we have some publicity to promote the great things we are doing, like the extraction methods that are "green" and best in class for oil extraction , the licences and potential we have £30 BILLION worth of assets we currently hold the rights for.........the potential we have for gas extraction , a LOT of gas extraction. how we are making the country energy secure, job creation , economic wealth for local people, the cutting edge environmentally compliant extraction methods , the money this extraction will pour into the economy through windfall taxes . etc. etc. then we will plod along at a pace that really irritates me. i run businesses and 90% of new customer interest is through marketing just how you differ from the rest, why are we "simply clever" or "simply better" and the other 10% is quality!!! quality of product, quality of engagement, quality of skills, knowledge,experience,.........are we providing this? i am now questioning that.........get of your ass and go and tell the world what we are, why we are better, what we have , and why they should get involved or we become just another intermediary that no-one gives a S H I T about......and the licences go to someone with a "plan to succeed" and self motivation to go and make it happen........frustrated.
This one is for you gentlemen, im sure you read this board..............i want an update on where we are. i know RNS statements cost money, but not nearly as much as you lose by saying nothing.......when was the last significant buy and look at the continued drip, drip, drip of sales.......thats not people making money and jumping off at the crest of a SP wave......thats seeing value elsewhere........i am not a small holder, i own more than 33% of the board members do.
If Kenya does happen then all well and good if it doesnt then it doesnt, the figures of cash flow , debt reduction and profit should make this easily a £2+ per share company.......it isnt because there have been many bumps in the road and always another hurdle around the corner....this cant be forever and the turnaround here from when Rahul started is nothing short of phenomenal, hopefully the market see this a s well.......it will eventually, just takes a while to build confidence and heal the scars that tullow inflicted on many.
Dont worry buddy, this a medium to long term hold, as the previous poster alluded to we have the official sign off to ping on the way which will put you above your average, we also have £30 Billion in unfulfilled resource now when the whole world is screaming for resource and independent energy provisions . By end of march at the latest ping will officially sign off and this will go to at least 75p, CEO thinks £1.40.....that was before the other licences were granted. we have control of massive amounts of localised energy to europe and if you want it..........show me the money, within 12 months i predict you will have a minimum of 5 X times your investment....im guessing your in the 20s. have faith be brave. it will come.
Im hoping that over weekend the investors and perhaps even the american investors read this news and weigh in.......im hoping its a friday thing. because 13 trades, the majority of them strangely sales is dumbfounding me.