Member Info for Angelis

Things must work at a snails pace in India. Maybe they need Windor Davis over there to sort it out.

Many thanks NTTLouse.

What is the Dividend Yield here please? or expected Dividend Yield? if someone could tell me please.

I wonder how this will effect us, i think its a positive.

https://www.youtube.com/watch?v=gw-k9NMQv3w

Because its a small float and any large buying spikes the price. So they have turned the algos to discourage large buying, Imo.

Its sounds like they are testing them, stopping and starting etc.

The spread is 35% lol

Another aspect to considers within the geropolitical side of things is when Israel start their military operations against Iran, then expect the oil prices to skyrocket and things to start moving here also.

Its frozen in Winter anyway, they only have a limited number of ice breaking ships, they cant do much anyway, so for the Winter months its irrelevant anyway. But he US has sanctioned Indian companies dealing with Russian oil companies.

Surely i dont need to explain why the US waited until the Indian elections were over.

The big seller appears to be gone, they were taking the price down. Onwards and upwards.

Thats because of US Sanctions on Indian companies, they only came into effect recently, post Indian elections in June.

Golden Cross incoming..

No, this is not a P&D as suggested by some upstart, its a recovery play, waiting to come out of maintenance phase and with a new extension granted, its just a patience thing like all investing is. If you day trading boys want to go off and be a day trading statistic which is like 90% blow their accounts then go for it. Otherwise just be patient and wait for news. For anyone who can read charts this looks like a good setup over the longer term and on a funamentals basis, on a Pe of around 1, Price to Book around 0.10 and a gas producer with a huge resource is rarer than rocket horse manure.

Yes i would agree the company is v poor at communication. Tell them to pull their finger out and say something positive.

You saying you sold afew just makes you sound idiotic in my book as any selling takes the price down, so you might aswell knee yourself in the ballox while you say that kind of stuff, i´m alright Jack. And we are in September btw. Everything else you said i agree with.

The day to day noise is irrelevant unless you are a day trader, which many aspire to be but never make it.

Monday morning dump is normal, people wake up from a Weekend hangover and a lazy Sunday roast at mummies house and decide they are the new Gordon Gecko.

People all have their own agendas, like `Leak´ which is why reading these boards is sometimes like reading the Beano comic.

Its algorithms.

Yes.

Its Politics. The elections are now over, anything before the elections is just politics. They dont want you to understand anything, so people can quote all the gobbledegook they like, its smoke and mirrors, its all done just to keep prices lower leading upto the election, they won the election, now things are now getting back to normal. Hence why this is a recovery play. The chart says it all too (yes i am a chartist) and there was no spike last year either as someone suggested, the prices have been kept low and production lower too, to force the prices down using cheap Russian imports leading upto the elections in June 2024. They (the Gov) have been making hay while the sun shines, now that window is closing.

Someone once said, `The Truth can be glaring people in the face and yet they still cant see it´ lol

Maybe its because i have live in the developing world, so i know how they operate especially around elections times.

Their elections ended in June 2024. Things are now getting back to normal.

The reason this has gone down is because 1) Cheap Russian imports to keep the energy prices lower and 2) the Elections in June 2024. Its very obvious to me. During elections these governments try to keep energy prices as low as possible for obvious reasons, you saw how it effected the elections in the UK when prices went higher, everyone complaining about the government etc, well its the same in any other country especially during election time or in an election year, so i would imagine its their number one priority. The elections are now over. `LNG imports fell 7.4% and local production expanded´May 2024. So they are obviously trying to keep a balance, but sanctions and the war will slow imports further imo, so local production one would assume will increase as prices stabilize to normal.

`Domestic production of natural gas expanded 6.7% in May from a year earlier to 3,105 MMSCM, helping offset the decline in imports. LNG prices have risen in recent months. JKM, the Asian spot LNG benchmark, averaged $11.9 per mmbtu in May, higher than $8.4 in February and $9.3 in May 2023. In June, it rose above $12 per mmbtu.´