Member Info for callerone

investors in gsk have had a good run with the good returning dividend over the years, add on the fact that the special dividend next year will bump up returns next year then i do not think us investors in gsk have done too bad.yes the share price is maybe £2 - £3 lower then it should be, but in my opinion i view gsk as more of a retirement share where if you reinvest the divi then i would prefer to have the share price at current rates to get more bang for my divi.i do not view gsk as a short term trade and these brokers spill so much rubbish out of their mouths that they should know shares are a long term investors.anyone with half a brain cell can see that most sectors of the ftse are getting hammered at the moment, banks, miners, oil, super markets, etc. gsk in my opinion still offers one of the best returns around in my opinion.

Stick to your own bb us folk on fogl bb might not always agree but we respect each others opinions and one thing i will say for eegbvi is his one of a few on here thats always kept a level head and a balanced view on his comments.

I agree that the bigger oil stock will come good again mate but its these little aim companys that can see shareholders being shafted.if anyone gets a chance just check out whats happened to the agq shareholders today they have been shafted by the bod and had their key asset given away for peanuts.these bigger companys get there claws in and are after only one thing the smaller companys assets i do hope this does not happen to fogl

i think i will give that brokers note a miss, brokers are usually full of rubbish you only have to look at their pathetic price predictions for companys they are always way off the mark.facts are everyone in the western world is getting older so they will get ill as they get old and will need medication.add on the fact that gsk will be breaking into new countrys like china and india who's wealth will make western countrys look poor then you can see in my opinion the future looks bright for gsk

there is a smell of a rat about this whole thing

i would also like to point out any folk with a 25p current average with their fogl shares once the takeover happens will have to then see rkh reach into the low 80p region just to break even by my calculations.if the same investment would have still been in fogl then if fogl reached 80p you would have more then trebled your stake.i am just pointing this out so folk can see the scale of what they now need rkh too do once the takeover happens.also once the takeover happens whats stopping someover company buying up rkh on the cheap if current low oil price stays.

i know i have mentioned it before, and i know some folk have said hows it not aim's fault, by my point is any tom dick or harry can list a company on unregulated aim and tell any amount of rubbish and hope folk buy into it and reward themselves off the profit.aim can be the wild west of investing and what i do not like is the total lack of information that is witheld from shareholders.some of the ramped up rns's are designed to extract more money from shareholders.facts are its the shareholders that own the company, but decisions are made with no shareholder consultation until after a deal is made.then we get a rns basically saying this is the deal like it or lump it.how can us shareholders see if this is or is not a good deal for us when we have no proper info on these wells.history repeats itself and this is just a des mark 2

Columbo in my opinion des shareholders got a very generous deal when fogl took them over.but in my opinion fogl shareholders are getting a bad deal in that how can our oil finds be valued when us shareholders have no cpr info to go on.also add on the fact of our share of sealion, plus the little bit of cash we have in the bank and also rkh anf pmo were going to have to pay towards and free carry fogl on current well drill.looking back fogl were totally out of their depth getting involved in the sfb and history will show us it has been a graveyard for oil explorers

the 8 million should cover all those director wages, sounds like there is going to be a lot of chefs running rkh now.my big worry is how far will that 130 Million go, not far if they go near the sfb again.

markap you have got you head screwed on mate ive said it a thousand times too most aim listed companys always run out of money in the end.i know some expert will now pop up and name a aim companys that rose 5 million percent and he retired on the profit, but the facts state aim investing can be a minefield for investors.just look how quick fogl have gone down hill.add on the fact that shareholders can be withheld information example being the cpr for the first well.rkh must know how good the first two wells are or why would they be interested in merging.if the cpr of zeb is done why is it not being released?? ive seen it with other aim listed companys who either do not release info or water it down so as to lower share price for the eventual benefit of someone other then the shareholders who are always then fed the scraps if any are left

fioil by my calculations i work out that rkh share price would have to rise to around the 80p mark for you to break even on your 26p fogl investment.i would say there must be a good chance of seeing rkh at that at some point in the future but as ive stated before do not expect oil to rise any time soon.this will be a long road back.

A lot of small cap companys listed are starting to come unstuck regarding their share prices.i picked up on this the other month, the silly money that was sloshing around in the last few years is drying up and the market now will only react to actual profit a company is making.gone are the days when a silly rumour or a bit of ramping will drive a companys share price up.what we have now is a situation that oil in the ground has no value and that is reflected in fogl share price.i still do not think this is a good deal for either companys as i do not think rkh are in any position to monitise the nfb with pmo.as for rkh's other assets they are producing very low cash revenue.if oil stays low i can see rkh with fogl incorperated needing more cash in the future.also us fogl shareholders should be very unhappy how the fogl bod have been very very economical with any information regarding the drilled wells.we can only assume due to humpback costs that fogl have financial cramp.but this all leaves a funny taste in the mouth as fogl stated they were fully funded.as for the takeover ive crunched the numbers and if fogl finances are on life support then us fogl shareholders will have no choice but to accept as pmo apart no one else will be looking to buy in in my opinion

markap there is only two other companys that would be interest in fogl "assets" and they are noble and premier oil.i think the best thing we can hope for is if pmo now takes rkh and fogl over and then hope bp come in and take pmo over.i can't see how rkh will have the money with pmo to bring sealion to production.i see rkh suppose to have 130 million dollars in the bank but how far will that go considering what fogl have just burned through drilling these wells.130 millions dollars is pocket money in the oil world.as i said before the big big problem with aim listed companys is they usually always run out of money and thats what in the end always hurts the shareholders

luckyman2 you are right us fogl shareholders have been turned over on the cheap and there is not a thing we can do.this happens all the time with aim companys we put the money up, the directors etc make a mint and everyones a winner bar the shareholders.the aim gravy train is coming to a end though as finally investors are starting to get wise at long last.we are now living in a world where the public are starting to demand accountability for peoples actions, this hardly bodes well for most aim companys where the shareholders are told nothing and are only given snippets of ramped up information when they want further cash from the shareholders.this aim gravy train will surely run dry.i read the other week that 75% of aim companys never turn a profit well you can now add fogl to that list

This is classic aim at play again wait to the share price is at its lowest then anounce a takeover then the shareholders are left with the scraps.this is why fogl or any other aim listed company will not be getting a penny more of my money.once this takeover is approved which is a 100% done deal then you mark my words 6months down the line a rkh cash call to the shareholders will probally come.makes you think this whole thing may have been designed to happen from the start.investors beware of aim companys in my opinion

The only way this share is going to shift north quick is if oil rise to 80 dollars a barrel.what ever good news we get from izy and zeb will only bring the price upto 18p if we are very very lucky. I think the real bargain share price is rockhoppers as they have their fingers in other pies and revenue coming from them plus cash in the bank.add on the fact rkh have a interest in these two wells then any good news will reflect well in their share price.i think 36p is a cracking price in my opinion.i bet if us folk were not down so much on fogl then we would have flipped to them.its going to be a long road back for fogl matter what we discover at izy and zeb

the low volumes being traded are in keeping with a lot of aim companys at the moment, there does not appear to be the amount of money sloshing around in aim shares that there use to be.i noticed a few aim companys that have released positive rns's and the share price has not even budged up.could be a sign of things to come due to a lot of folk getting burnt fingers on some of these companys.

maybe noble are having the dog like a bone attitude, in that they have came this far and do not want to leave without something.this apx must be showing something otherwise you would just pull up stumps and depart.i could understand if this 2 week time spent over hump was being done for free by the er crew but it does not make sense to pay millions of dollars for nothing.does anyone know if this is a world record for the time spent on a well?

What ever the reason er has for still sitting there will have to come out in the wash eventually. Must admitt its starting to look a bit suspect maybe another redrill going on? What ever the reason i can not understand why noble are shelling out millions of dollars if thwy were just logging a duster.they said in their rns that the well had been capped and abandoned well there must be something of interest still down there to be

opec was the problem to start with but now we have even more trouble as russia are now pumping oil at record levels and add on the iran factor then we can soon see why oil is slumping.problem for us is come december 4th if opec do not back down then that is going to create one hell of a problem for some of these oil producers.facts are the world economy is slumping and oil and mining stocks are a big indicator of world economy health hence the big downward turn in these companys share prices