The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
Thanks HunSen. Not long to wait now.
I'd agree with that the share price is not factoring in any growth at all.
On my subscriber service it is showing a forecast 12 month pe of 2.8 which is silly. Forecasts are not always reliable as companies often don't meet them or they will exceed them.
Here I think, (and it really needs more input from the seasoned oily experts here than me who know more about the company than me), with oil prices predicted to remain strong or higher for the next 5 years and more production likely to come through for Uog from existing assets without recourse to increased and expensive debt, earnings forecasts are likely to be met if not exceeded.
I was looking at another company this morning, an explorer valued at almost the same market cap and no producing assets yet and no income forecast for the next couple of years.
Talking about the great investor Buffet this article came up in my news feed. He's having a tough time of late making a few mistakes on whole business purchases. Seems to have lost his flair somewhat of late.
https://amp-ft-com.cdn.ampproject.org/v/s/amp.ft.com/content/01f308ff-0a66-4c31-9653-a9c81d940b23?amp_js_v=a6&_gsa=1&usqp=mq331AQFKAGwASA%3D#aoh=16145143861038&csi=0&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s&share=https%3A%2F%2Fwww.ft.com%2Fcontent%2F01f308ff-0a66-4c31-9653-a9c81d940b23
Interesting article. Apologies if already posted:
https://www.telegraph.co.uk/business/2021/02/17/peak-oil-demand-coming-first-brace-almighty-supply-crunch/
Barring the unexpected which you get with every single share this share is one of the closest to free money imo.
There are different approaches to timing. I prefer to buy as low as I can after having done my research.
Others will wait for clear breakouts looking at technicals so some would be buying from these levels going up. Some actually average up and swear by that approach and that statistically it is more successful than averaging down.
I only recently discovered it about a week and a half ago. Managed a top up in the pension account but waiting to do one in the ISA to increase to around 10% holding. But yes those who were aware of the fundamentals here should have got some more lower down my first lots are around 3.38 so happy with those purchases and still very good value imo.
Very difficult to buy anymore at the moment.
Hi Bojo
You always get great prices! Good to see you here. Some chunky buys going through today - what do you make of those? You might remember on Diurnal the Director doing a bed and ISA a short while before the share increase?
The future is all about switchover to renewables and new technologies. I would expect that IES would get some of that business. It would be strange if they don't as the push from all places now is to go green. Here is another article from a few hours ago:
https://www.google.com/amp/s/amp.theguardian.com/politics/2021/feb/24/be-muscular-and-drive-green-recovery-cameron-tells-johnson
Bed and ISA transaction the last time that happened in one of my shares the share price doubled soon after. Is the manager expecting big gains soon that he wants to keep tax free?
I had no problem getting a quote to sell just now although it is a smaller holding than one mentioned here.
Still holding company awaiting phase 3 and there should be news on the other fronts hopefully.
Hope you got your top up earlier!
I'm still learning about the oil sector and this is my first ever oil share but these look like brilliant results to me.
I'm not an oily expert but those look like brilliant results and more to come!
Predicted to be the main metal to be impacted by the electrification of the world; 40kg copper goes into one electric car compared to 10kg for petrol.
It's linked to renewables so can fit in with that agenda. How about using some of the money to buy into a producing copper share? Gold served us very well next gold looks like it's going to be copper.
Yep back to just below my first purchase around 9 some 10 -11 months ago. It's been a disappointment. Thankfully I diversified and it no longer has the high % weighting in my pf as other stocks have performed. Would still like to see a return on it from my average around 13p.
Good management in future I think for me no matter how promising the product. Look at RMS all due to quality of management decisions.
If imm really is progressing the other stuff then it should come back.
Yep still hot 29,540.00
https://markets.businessinsider.com/commodities/tin-price
Level headed and wise words. A better offering from their usual videos.
https://youtu.be/Jh53GM2h_3c
This link will show you all the collaborations going on in the background with Exscentia:
https://www.exscientia.ai/news-insights/category/partnerships?page=1
A detailed analysis from IC in the pdf though it is from 2019. Also link to more recent comment.
It does have companies at the forefront of innovation.
https://www.investorschronicle.co.uk/comment/2020/07/27/small-caps-under-the-radar/
https://www.investorschronicle.co.uk/alpha/2019/11/15/alpha-simon-thompson-s-differentiated-intellectual-property-investment/
I haven't studied the other similar small outfits in any depth but I expect that their investee companies are not up to the same quality, are they for example working with industry heavyweights in their fields like Bosch are here here?
Exscentia could be worth almost or a big chunk of Fipp's market cap by the time it lists etc. as I understand it it is pretty much the leader in its field. In future it is expected that more and more drugs will come from ai companies like Exscentia. Pulsiv could also be huge in couple of years or so and could turn out to be very profitable for Fipp- how much are companies like Phe valued at and Pulsiv's patented products could have wider application. I would put it in the same category as battery storage or companies like Twd. The rest of the pf is also coming along nicely; it's not a case of 1 or 2 investee companies that are great all potentially could be. Which similar small investment companies can say that? All imo.
Sold my wbi to buy Atalaya - had to sell something and thought this was the better of the 2. Wbi bought average price of 2.30ish last year so been a good performer and may do well in long term as hardwood will be needed for recovery housing etc.