The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Hi All, please find below a link to my latest video on Premiere African Minerals (#PREM) where I review the latest RNS where an additional share placing to the value of £4m has been announced. I guess the big question is will there be more placings? Please subscribe and share if you like. Thanks… https://youtu.be/V0wKfR00ti8
Hi All, hope you don't mind me putting this here, but to compliment a little my recent videos on COPL I've just published a general introduction to the oil and gas industry. This is video 1 of 2 and with the series looking at the industry lifecycle, key stakeholders and profile of revenue streams. If you're a seasoned O&G guy or girl it may be a little high level, but for all those wanting to know the basics of the industry it may be worth a watch. Please share if you like. Thanks... https://youtu.be/dTtqy_rTu64
Hi All, I’ve just published my latest video on Kodal Minerals #(KOD) where I consider the 31st August deadline for compliance with the conditional precedent how this may affect the KOD’s share price as we approach that deadline. I do hope you enjoy and please share if you like. Thanks… https://youtu.be/zfV0pf29fUQ
Hi Angelbox,
The £0.32 is stated in the RNS of 15th Aug. Have a read through but its towards the bottom. The 0.56 is as you describe, the approx val per share at a 200m valuation if all 5b shares are added to the current outstanding shares. It's just these are 2 different numbers that were discussed in 2 different subjects. Hope this make sense.
Hi,
Firstly, thanks Acker, yes, I did respond to a similar question the channel and I knew the question would be raised, and it's a for one.
For those of you who have not seen the comment in YT the below is the question that was raised and my answer. Also, not that notwithstanding this answer if anyone asks me directly I will always tell you if I do or do not hold shares the company in question. Thanks.
Question on YT:
Do you still hold shares as you no longer state that in past few vids?
Being so negative sounds like you are shorting PREM now
My Answer:
Yes I do. Less than I did but I do still hold shares in PREM and will buy more if my suspicions are correct.
The reason why I have stopped saying whether I do or do not hold shares, is because I get accused of lying re shareholdings when I highlight something that could be construed as negative about a company that I say I hold shares in, and questioned why I don't hold shares in a company that I feel upbeat about. However, and I'm sure you'll appreciate that I can't hold shares in every company I review. If I could afford that I probably wouldn't be trying to get this channel off the ground :).
The other point, and for me the main point why I stopped stating my holding in these videos, is because the channel is not a review of my personal portfolio. It is set up to try and provide unbiased views on the companies in question that can then be used at people's own discretion as part of their own research. To this end, whether I hold shares in company X or Y is irrelevant, providing I continue to be unbiased and balanced. Which is the intention.
A long answer I know but I hope it helps.
Hi All, please find below a link to my latest video on Premiere African Minerals (#PREM) where I review the latest RNS and also look at why the share price was unimpressed with the news and a possible target share price for the coming weeks. Please subscribe and share if you like. Thanks… https://youtu.be/Zw-SpSZ5e0Y
Hi All, I’ve just published my recent podcast with Callum Sommerton, CEO, Chill Brands Group (#CHLL). This podcast looks at where the Chill Brands has come from and Callum’s vision for the future. Also note that all shareholders questions were addressed and answered. Hope you enjoy and please subscribe to the channel and share the video if you like. Also let me know if you want to see more of the podcast format. Thanks… https://youtu.be/uGkSTadphzU
Many thanks for the plug! Yes, please subscribe if you don’t mind. If you subscribe I’ll do regular updates on COPL and also try and arrange a few podcast / interviews. Subscription link below. Please pass on. Many thanks in advance…
https://www.youtube.com/channel/UCuMjYtnb97Gr2QLmlClVC6w?sub_confirmation=1
Hi All, I’ve just published a review of the recent Management Discussion document released by Canadian Overseas Petroleum (#COPL) and consider this on the implications of COPL’s share price. Hope you enjoy and please share of you like. Thanks… https://youtu.be/23SonQ-KYms
Hi All, I’ve just published a review of the recent Premier African Minerals (#PREM) RNS confirming that the loan of £1.7m by the company’s CEO, George Roach has now been completed. This is an interesting one as it appears that all is not as it seems… https://youtu.be/T6lQ0tcK3pw
Hi All, I’ve just published a review of George Roach’s recent interview with StockBox and taken a view of share price impact and investment strategy over the coming months… Share if you like. Thanks… https://youtu.be/MUVECfMYgEw
Hi All, I’ve just released my latest video on WANdisco (#WAND). In this video I look at forward to the AGM, the name change and also review the recent RNS regarding General Motors, and what an RNS that was! Hope you enjoy and share if you like. Thanks… https://youtu.be/nDa0csiD_Vo
Hi All, I’ve just published a review of PREM’s recent RNS on the amended agreement between PREM and Canmax and how this may impact the share price in the coming weeks… Share if you like. Thanks… https://youtu.be/i7CaIcSDqEI
Hi usernames and apologies for the late reply.
I do interpret some of this differently but as you say, we'll see how it pans out in the next week / months.
I tried to copy your message below and add my view but the number of characters got to its limit so I've just referenced each of you paragraphs with the first 3 words. Hope this makes sense. Again, this is not in any way meant to argue, it's merely to share opinions and thoughts.
"Nobody is concerned ..."
BT - if an ESO is created from one / some / all of the Russian EVR entities I don't see where the devaluation comes from. All Russian indirect Evraz UK PLC holders must convert their shares into direct shares in the ESO. All foreign shareholders shares stay with the UK PLC (as you say). But the total number of outstanding shares i.e. ESO plus UK PLC is still the same is those outstanding in UK PLC today, thus no dilution. Unless the ESO issues more shares in the future, but this is not the debate here.
"Article 1 may ..."
BT - it's a fair point and I did mention that the law could be changed at any time by the Russian Government. I think this point can just be summed it by acknowledgment and that time will tell. I'm sure, like me, you hope this isn't the case.
"Suspension of corporate...
BT - Again, of course anything can happen through this time but my comments in the video were about my interpretation on the law as it stands. I'd also say that the shares in the ESO don't get "reallocated" per se. The original Russian citizen / resident shares in the UK PLC get converted into shares in the ESO (private or public company as the case may be). These new shares then get allocated to the Russian citizen / resident on a pro-rated and equal basis to that which they had ownership in the original UK PLC.
"Compensation for loss..."
BT - As I mentioned above, I do not interpret this as Russian citizens / residents keeping their shares in the UK PLC. They have to convert this into direct holdings in the new ESO. For me at least, there is no doubling up, and therefore dilution.
"In conclusion, if ..."
BT - I think the second statement in Article 1 is an express statement saying there is no "intent" in the legislation to prevent unjustified infringement of foreign holders rights. I think that is the best we will get. The Russian Government will certainly not create a law that protects foreign investor rights above local rights so whilst acknowledging what you say re they could just ignore this and do what they want, I still think this statement is great that it has at least been made. Regards the dilution part, I think I answered that above. I don't see the new legislation, as it's written today, does this.
Again, nothing here is meant to be an argument. I guess we just have slightly different interpretations of the document. It will be interesting to see what happens...
Hi All, I’ve just published a very quick look at the SGM RNS and provided a little food for thought. Hope you find it useful. Share if you like. Thanks… https://youtu.be/CbIVUsv4RQU
Thanks for helping out Soph and will add that the video was done yesterday so my research expanded then. The market is not open on a Saturday. That said, I also want to time my exit and entry points.
More importantly, however, the channel is not about reviewing my portfolio. Its about reviewing popular companies in terms of social following and trying to provide a balanced view and opinion on that company as a potential investment.
Too many people, and I have been one of them in the past, throw money into so called investments based on FOMO and get burnt. If I can support one person with their research to make an educated investment decision rather than following the herd then I have succeeded.
Hope this makes sense.
Thanks Acker, just for clarity, what I said was not meant to suggest the selling of GR’s shares would be piecemeal. Just that it will have to be controlled to not be viewed as possible market manipulation. It’s a large number as you know.
Hi All, I’ve just published my thoughts on the recent SGM and the post meeting discussion with between George Roach and shareholders in attendance. Hope you find it useful. Share if you like. Thanks… https://youtu.be/FPypeaM1StA
Hi, regards why I have not purchased yet I was answered the same question on the TG group, and the answer is simple, I don't have the free funds as yet. One of the challenges with do this sort of channel means you find a number of opportunities and when I started to look at COPL my funds were all allocated. That said, I do own a few dogs so will be liquidating them soon and then I plan to buy COPL.
Re the other comment on my research, I agree, I need to do more. Never said I didn't but hopefully these initial videos are helping those new to COPL at least get an overview that can be added to their own research. That, ultimately is the purpose of the channel.