Member Info for Balanced66

Sorry the madness was here before I posted I'm trying to restore some sanity. My post was very factual. I called out the blatant inconsistencies in a posters posting history - do you have anything to say about that and if not why not?

I called out our FCA regulated financial advisor posting rubbish about the company which we are still waiting for him to back up with evidence. Anything to say about this poster and if not why not or is this your idea of alternative commentary? Are people allowed to post fake news - is that the sort of discussion you want to see on this board?

Doesn't cause consternation - it's more to provide some sort of objective information for potential new investors looking in.

(continued)
It doesn't help Levi when you give such posters a get out of jail free card - it calls into question your own credibility.

No witch-hunt just facts taken from guess where your very own posts. The quality of the deramping is very poor on this board when posters forget what they wrote previously. What does the bashers guide say - one of the methods is to try to gain trust and then start bashing the share.

I had, when I posted earlier, only picked up on the one post where you said that you weren't expecting anything from Jamaica and then your position turned into you bought in for Jamaica but this is not what you posted at the time before you allegedly bought in and since then also:

"Bought in for Jamaica. Thought the company is self funded with the potential of Jamaica.. if that doesn’t go, I’m disappointed. It is what it is."

Yet you knew about Jamaica on the 29th June 2021 when you posted: "Jamaica should be treated as a bonus if it happens?" this was before your post on 1st July when you said you had bought in - so you knew the position clearly with Jamaica before you say you bought in.

However, your attempts to wriggle out of this difficulty calling it a witch hunt made me look through your other posts as well and it's a position you have maintained all the way through:

3rd July 2021 post:
"Personally I see Jamaica a bonus if/when it happens. Funding first then successful exploration.. it’s not the easiest location I presume?"

4th July post:
"If it comes off then it’s excellent. Whereas Egypt is current."

Lords
"Posted in: UOG
Posts: 63
Price: 4.35
No Opinion

RE: Jamaica05 Jul 2021 11:41
Highly unlikely if not impossible. The cost will be enormous. They’d have to raise a lot of fund. Share cap will be billions and billions. They need funding partners. Even then with successful exploration they might still need to raise fund."

"Lords
Posted in: UOG
Posts: 63
Price: 4.05
No Opinion

RE: Jamaica07 Jul 2021 16:17
Even if they’re going it alone they’ll have to partner someone further down the line developing. But of course if they do find oil it’s easier to find funding. I cannot see them taking the risk do it themselves, a lot of money needed. Other’s opinion welcome. That’s the reason I always see J as a bonus if it happens. I hope I’m very very wrong and it won’t be the first time I’m wrong."

"Lords
Posted in: UOG
Posts: 63
Price: 4.175
No Opinion

RE: Jamaica07 Jul 2021 17:15
Crowdfunding, I hope you don’t mean it literally :)) I’m not saying it won’t happen, I’m saying they need funding and funding is hard to come by but as you say they’re all moneymen they should have ways. Enjoy England tonight. They’ve made it twice hopefully third time too."

"Lords
Posted in: UOG
Posts: 63
Price: 4.175
No Opinion

RE: Jamaica07 Jul 2021 21:35
What do you think? If at 4p, then it’s 1 billion shares, and it won’t be at 4p, it’ll be below that. I cannot see them doing that. We need funding. They might find someone and give away 70% or something. Who knows."

It doesn't help Levi when you give such posters a get out of

I disagree Batch.

The fake posters on here need calling out as that is how this board will return to some normality IMO after becoming farcical through the likes of yourself and your mates recent posts.

I think you are the detective here from your silly post here. I see you never responded to the calls for evidence and the mobile number not showing up on a Google search. An FCA regulated advisor - is that what they do come on anonymous boards and make false uncorroborated statements. Who is being childish here?

"Batch27

Posted in: UOG

Posts: 14

Price: 3.75

No Opinion

RE: This stock....20 Jul 2021 17:10
It is though, many brokers have major warning signs and some project bankruptcy within 2 years without further capital raising. So yes, this is a trash stock.

And Gingerhippo, feel free to call me on 07977145259 if you wish to discuss anything further, as you are really annoying me with your ridiculous comments over and over again. I was ART1972 but was so infuriated with some people own here, I deleted that account and they wouldn't re-instate it. SO i have had two accounts yes. I haven't changed stance one.

Feel free to google that phone number and understand i'm an FCA regulated advisor who is professionally qualified, unlike most of you lemmings on here."

A lot of posters on this board being tripped up by earlier posts. Have to qualify that when I say it's a lot of posters. Lol! You can work out what is probably going on here with the multiple negative posters.

Here is your earlier post Lords when you said that you see Jamaica as a bonus if it happens and now you say you bought in for Jamaica and will be disappointed if it doesn't happen!

Lords

Posted in: UOG

Posts: 63

Price: 4.35

No Opinion

RE: New here03 Jul 2021 14:41
$5.5 mil for admin cost.. $5.6 production cost pb. Thank you all for the figures.
Please what is uog’s reserves for Egypt? Personally I see Jamaica a bonus if/when it happens. Funding first then successful exploration.. it’s not the easiest location I presume?

https://finance.yahoo.com/quote/MXCT/

HalfSovereign
Give it a rest will you whoever you are. You are not even invested here.

Go and chat on the boards you are invested in. How long have you been investing as you seem to take advice from anonymous posters on these boards asking for the cash position of PRD and whether it would be doing another placing when it was around 8p - how is that trade going for you?

Thanking another poster for advising you to sell Arcm. Seriously! Yet you are the sage here telling us how shares go up and down and that shareholder value is created by pumping the share price without growing and creating value in the business.

Think you are wasting your time if you think people take your comments seriously.

Judge a poster by his/her actions. So Batch claims to be an FCA regulated advisor who is professionally qualified and resorts to name calling posters here and name calling the company. The simple test of whether he is an FCA regulated advisor is to decide whether such a professional would behave in this way. Well no. No FCA regulated advisor would behave in this manner and post their number so that they can be reported to their professional body. Honestly, are you a 5 years old Batch?

And the post lacks any professional technical ability. Lol. Who are these brokers. We are all waiting.

In fact, as I posted previously, the Altman Z score gives us a clean bill of health:

"United Oil & Gas has an Z2-Score of 3.76
This indicates the company is likely to be in good financial health"
Also, the Piotroski F score: "The company's financial situation is typical for a stable company."

Now these are two respected and go to scoring criteria to check out the financial health of a company and UOG passes both. Don't forget that these financial measures are based on last year's accounts and the oil price and barrels of oil per day being produced at that time. Oil production and the price has since increased and the debt has gone down (shirtly to be gone completely) so the above scores should be higher when the company next reports.

UOG'S interest cover is also remarkable.

"The ratio is calculated by dividing a company's EBIT by the company's interest expenses for the same period. The lower the ratio, the more the company is burdened by debt expense. When a company's interest coverage ratio is only 1.5 or lower, its ability to meet interest expenses may be questionable." (Investopedia)

UOG'S interest cover is a whopping 98.93!

Your friend mentioned Genl - as mentioned already it's flagging "bankruptcy" on the Z2 score and its interes cover is -12.36. But your friend, or the other account sitting on your computer probably, preferred to invest in Genl. I hope as an FCA advisor you warn him of the dangers of investing in such companies.

Now I'll let you look up the above terms as there is nothing professional about you to indicate you will understand the above post.

Maybe people just beginning to realise that it's undervalued.

Barnetpeter is famous on the LSE boards for almost never losing in any of his positions. He buys at the lows of the day or the year and also manages to sell at the highs of the day/year. Better than the famous investors such as Buffet and Lynch.

However, the reality is that some of his predictions come true and some don't as you would expect.

This is a post on this stock where the prediction was wrong as he sold most of his stock early, like I say nothing to say that his methods are correct. It's all supposedly based on charts which most other investors don't rely on completely as they are not totally reliable. What you are seeing in reality is that there is a general pullback in the market in small caps which hopefully will soon reverse.

"barnetpeter Premium Member

Posts: 3,493

Price: 3.30

No Opinion

GGP22 Dec '20
The price would now be over 5p if they had held on to GGP. I sold most of my Prim when they did....I guess a lot of investors did. That was the main reason to buy in here. Kept a freeroll though......lets hope they can hit another big winner and / or return some cash"

I've recently bought in so apologies if this has been posted already. You'll need to register to read the article. Some interesting insights and how it's not been easy for other companies to make gasification work.

https://www.mrw.co.uk/analysis-and-markets/gasification-works-if-you-keep-it-local-says-eqtec-28-03-2021/

It's also the small companies sell off that is happening at the moment and has been for the last 2 months or so. We have held up very well under the circumstances.

I doubt it. This is a recent development I understand where the claim has just been issued.
Any way bno real harm and plenty more opportunities out there if this one doesn't go ahead.

All the bashers have disappeared probably because they have done the job for their masters.

This BMN RNS seems to be responsible for some of the selling today.

It will have no impact on Prim. If the Mustang IPO can't go ahead we lose nothing financially as I see it.

https://www.lse.co.uk/rns/BMN/announcement-on-litigation-4j3ofmpju7awzmo.html

Nothing wrong with negative posts if they are reasoned and argue why a company is not a good company or the expected performance will be bad due to xyz...These sorts of posts people can put counter arguments to.

Unfortunately what you get instead often is paid manipulators or poorly informed investors spouting such nonsense as oh this company is a fraud or it's going down because it has been going down etc. This is all garbage and doesn't add anything to the board other than disruption which is what it sets out to do in the first place.

Seems like there are posters here using multiple user names.

https://mobile.twitter.com/Stale_Bull/status/1414980373885358087?s=09

Thanks. I'll have a look later.

With this share each time we have moved up one level - at the moment from 80s to 90s it has nearly always consolidated and tested the lows of each level currently 89/90 and pulled back up ( the time it fell a bit more was probably because of the placing having leaked.)

So hopefully it will hold and this is just the pattern with this share.

https://twitter.com/ShareholderDis2/status/1414906487965634562?s=20

This a new telegram group. Trying to get round the problems genuine shareholders face on these bulletin boards such as ramping, deramping and trolling.

Would be good to see a research note for EQT from one of the more knowledgeable posters here to let other investors know in a factual type way about this exciting fast growing company.

Aandi does great posts not sure if aandi has the time or has considered posting a note there?