Member Info for bookyjam

one4me;
Higgs Block?

Cminhinnett, FOK?

Pretty sure there is something sinister here. My suspicion is Higgs is a proxy for a company looking to acquire a significant holding. Once target is met can they transfer\sell their holdings to a company. These underhand tactics I suspect is not of a western company.
does the Nomad have a duty to ensure full disclosure of shareholders?

Agreed Lakeside,
managed to get a late trade in top top up my holdings. I reiterate my message last week that the current value excluding the BH deal is 1.70 so any price under 2p is a bargain IMO.
I suspect news will flow by end of week

could not get a buy at 1.20 and the bid crept up to 1.15.
IMO news on the way

ESRI is privately owned and with 40% of MNO held by management then I suspect in the near future ESRI may be looking to buy out MNO.
just wait to see if there are any more director purchases to take insider ownership to over 50% then it's game on IMO.
not selling a share till this gets to 30p

Echoing my thoughts Trellis.

Expect news flow as more contracts signed and this can drop anytime as there seems to be renewed activity for CLCO services.

Note to shareholders:



Since the acquisition, the new management team has been focused on the operations of the business but recognises this has come at the expense of clear and regular communications with shareholders. We are grateful to our investors for their continued support, value their feedback and have appointed external advisors to help us address this.

so who is Mr & Mrs Higgs?
- not a registered company !!!!
- no address on the TR1 !!!!!
- why accumulate c.18m in CTEA ????
- a related party to a director???
- proxy for an acquirer??
is just very strange to me

Quite a big buy by M&G.
explains why it was difficult to buy.
expecting decent results next week and a rerate

After researching all morning I still have no clue on Mr & Mrs Higgs who, over the last 3 days mopped up 16m shares and probably accumulating more. That's close to £1m invested. I suspected a link to the CFO John Farthing but none to be found.
anyone got an idea on the Higgs?

me too.
great results and contract wins.
I suppose PIs waiting for the next RNS on contract win.
I'll hold and top up if this falls to 1p.
My valuation is around 1.7-2p without the Boohoo numbers factored in

Careful,
not sure what you mean by 'divulging too much information'
this implies that there is non publicly available information known to G\D.
My post regarding operational risk is probably the most sensible post of the day. I personally ignore those posts from chartists and those telling you to fill your boots as the price will rocket bl bla bla.....
been here a long time following the posts from the likes of Genghis and ADUK and others who seem to know their stuff so if there is a sensible discussion to be had then please don't try to shut it down.

who are Mr&Mrs Higgs?

Genghis\Daltry,
thanks for your input. I recognise you both as LT contributors to the BB.
I have read the RNSs as they come through and fully aware of the production issues and water cut which according to RT on the last presentation this is supposed to not be an issue as time goes by. The thing is, I'm an accountant and not an oil expert. Understanding the potential upside is clear, understanding the downside is not so clear.
if WC gets worse then is there a possibility that production stops and new entry points sought?

Dear experts oilers,
I am a LTH of HUR with my holdings in both SIPP and ISA averaging in the 30s. Not a trader just topped up to average down which I learn is not always the best strategy. Nevertheless, I believed the story but now I am not sure.
will this all fall implode or explode?
to help me answer this question can I ask the experts on this BB what are the major operational risks facing HUR. is it the water cut issues, OWC, the existing operational well risk of being shutdown, the ringing back on line the other well recently shutdown????
I can assess the financial risks with PoO, Bond repayment, Capex etc but I have no clue with regards to operational risk.

For now I am 50/50 as to hold tight to hear the next operational update and strategy play or take the considerable loss and move on.

cheers

TT;
IMO it is worth taking up the offer otherwise your holdings will be diluted.
the sp has settled around the intrinsic price of 133p assuming the successful placing. I have taken up the offer and subscribed for a few more shares at 110p

Clemoc;
agree with you, don't expect anything much different from last guidance. I do expect a goodwill write-down as such the results may not look great.
I do not hold a position but planning a small buy tomorrow for my SIPP account.

as I mentioned in my previous post, anything below 2p for me is a buy so I'll fill my SIPP cup and hold for next trading statement.

good post KOP!
now I understand why there is quite a bit in the statements regarding recurring revenue and customer churn rates which are key measures.
I can see this going the way of your company where PE seeks to buy this out in a couple years from now.
Major shareholders are Halpins and MXC with the latter being a tech investor would be happy sell out and move to next venture.