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I’ve been here for years.
I’ve seen 4p, 17p, 36p.
I’ve seen good and bad management come and go.
I’m currently at break even, and might just bail when we get back to say 17p.
Oil and gas is not for the faint hearted, not sure if my ticker can take much more. Should be an interesting week.
I listed this post as a strong sell as I’m 85% down.
At least my IOG shares are bouncing back nicely with a strong possibility of further good news next week.
Ouch! I’m just gonna have to put this down to a bad experience. Goodnight NUOG. You won’t have to remember to turn off the lights, the insolvency agency or bailiff will do that for you I’m sure.
Thanks RX. I banked some profit on IOG when they hit 32p, a little while ago. So for me the IOG story isn't too tragic. I'll wait it out, but remain skeptical – I only ever believed in Mark Routh, not really sure about this new bunch on the board, or their agenda. In regards to FRR, what a carry that was / is – an absolute living nightmare unfortuantely. Cheers.
Despite all the shenanigans today, would you believe IOG is still my best performing stock in my Oil and Gas portfolio.
NUOG, UKOG and FRR have taken much bigger losses.
Ho-hum.
PS. *‘Still a worthwhile investment’ - as in... in my opinion, do your own research etc.
I haven’t logged in for a while or checked SP of IOG for that matter. I used to obsess about daily fluctuations, but it got me nowhere. Well, it got me an ulcer and a short term prescription for Valium to be fair. Easier to switch off for a few months at I time I find. Anyway... since my last visit on this bulletin board it would appear the two notable things are. 1. There is a chap called ‘better up’, who I believe would prefer to be down. 2. The SP has fluctuated wildly. And now we’re going north again. I have bought in here over the years at 11p, 17p, 22p and at one point pre-Skipper 32p. Still a worthwhile investment and an interesting story too. Wishing all the positive people and long terms holders all the best. And that includes you Flabby!! See you all in a few months, when I check in for another update. Despite the inevitable rise of the idiots - the integrity of the majority of posters here remains in good shape.
There's been over £80k of buys in the last hour here. These buyers will be happy to wait until 2020, to see a good return. As for the rest sitting on a profit from the teens and 20s, hold tight and long for further reward. If you feel you got spiked at 35p – same applies, hold long. It'll all come good. Timescales in business change all the time, the fact is here the fundamentals are the same. Patience. We gonna see good and bad days over 2yrs.
I've been in other AIM oil and gas shares, and believe me these comms are up-front and honest with no hidden surprises. I trust this board. Let them get on with it.
All IMO of course.
I’ve not posted on this board for a few months.
As I’m learning not to look at daily fluctuations and play the long term.
Don’t you just love it when it all starts to come together?
Onwards and upwards people, have a great weekend.
I'm gonna derisk here. Got a bad feeling and too exposed. My other oil / gas play is IOG. Great things happening over there with a solid BoD with integrity. Tired of this FRR game. I'll leave a bit in, just to see what happens.
And all the reason to hang on in here. News has slowed down recently, but I'm happy - nay overjoyed- that the SP has really stabilised at this level in this non news period. There was a time when this drifted from 30p to 17p without news, so the current climate of confidence is categorically bolstered by board level investment activity and the II backing this at 30p a few weeks ago. This is now an investment I feel I can leave, and let them get on with it. It will be a nice feeling when we see great volumes of gas being sold - and all of our goals being achieved. Whether it's millions in the bank, a nice holiday or a few presents for the kids. If it wasn't for some thoughtful and intelligent posters on here - I'm sure many would have tried their 'luck' elsewhere. Talking of elsewhere I'm off to Paris right now, and will relax knowing my portfolio is in good hands.
Problem is Sheds I'm meant to be handling rotten manure in the garden. A pastime infinitely more enjoyable than aim investing.
I'm gonna switch off for a couple of weeks and do something useful like spending some time on my garden. It's started raining, so I might be able to salvage something. I'll come back to FRR at end of August. Watching daily movements really isn't working for me - especially as we seem to drift further and further into a very depressed state of mind and SP. Good news is the only thing that will shift this.
Yep. We've had those kind of surprises before. The non delivered Xmas present kind of surprise
The same thing happened for weeks before the poor gas news was announced. A seller shifting fairly large chunks of stock everyday. My concern is someone knows these oil flow rates won't hit 1000 a day, and is bailing out before news lands. I'd hate to see this drift lower and then get killed off altogether. I'll keep holding. But the suspense is a real drag
Jeez. The uk based oil and gas co. In Gatwick have just released a positive RNS. Just waiting for FRR to do the same.
I would probably enter the ring at 0.1 and see it go back to 0.8 again. Repeat to fade.
I don't dispute that. On good news this will go up. On bad news this will go down. In the meantime we wait. Let's hope for some good news soon.
Yep. Pretty aware and in the loop thanks. Just in my opinion we're in a very different place to last September. More dilution. No Xmas presents. There's news to come. No doubting that. But I don't believe this will seriously rerate up or down until we see some tangible proof. The BoD have massive experience in kicking it down the road with roadshows, live appearances and podcasts. The market has got used to the marketing techniques. The market now requires news. All imo of course.
Best post I've read in days - thank you. Let's have an RNS. The rest is all spin, conjecture and ramptastic ramblings. And whoever wrote 'leak' the other day when we had a bit of a rise, you may have left one or two newbies sitting on a spike and then watch sp drift down, against a massive spread - and now they will have sold chasing rainbows elesewhere. This is going nowhere without official news imo.
An eye watering current valuation, but with this latest trickle down puts this down as one to watch. Let's see where the bottom is. I'd need to research their usa plans before fully commiting. US market isn't nailed on. The Beatles cracked it, Oasis and The Stone Roses didn't!