Member Info for Chaebol

BTW I’m 42, retired seven years ago and I pisss In a better pot than most but don’t have to ram that down other people’s throats, thankfully ;)

Jesus DU take a chill pill. Not going to get into a debate with you about it all. End of the day you were sitting on a 10 fold profit and didn’t take it. I know I would have taken the profit so bemoaning paper losses stating your losses are more than most is ridiculous and your posts will always be taken by me with a pinch of salt so get over yourself. Obviously your posts are taken with credence as unfairly you have faced a backlash from this board. I did state the blame lies with the buyers and not yourself.

Moving forward with the best wishes to you and our hopeful recovery in this stock.

GLA

Ajax62, more like a pushbike, any motors are out of reach for me at the moment ;)

We pays and we take our chances ! 84,000 shares averaged at 208p so yesterday’s announcement is a big bloody blow to myself and all LTH in jog I feel for all of us but this is the oil and gas game and the risk/reward is clear for everybody. People blaming DU and fairdealer rampers can only blame themselves you have to take things posted on here with a pinch of salt. When DU informed the board at 250p that he hasn’t cashed out of a 10 fold 1000% profit was in my opinion absolutely ridiculous. No former investment professional would not de-risk their position cost it to zero at that kind of profit, so I find his misfortune in the loss of his paper profits negligible as he had the ability to make a substantial profit and didn’t. AIM market 10 fold profits we would all say thankyou very much especially with the risks in the O&G game.

I’m finding the rns from yesterday very vague, so I’m truly hoping the light at the end of the tunnel is not so dim. Equinor will evaluate and we all hope that with the expertise they have that something can be salvaged from this. The upside is it hasn’t been plugged and abandoned and further evaluation is taking place and the 3D seismic data is still being weighed up. A lot of hype was thrown into this from many other commentators not just people on this board so we all hope moving forward that better news is forthcoming from the Verbier play.

As my Mr’s said to me yesterday if your not prepared not to lose it all then you shouldn’t have done it, she didn’t laugh when I said your new Range Rover was wrapped up in this lol as long as we healthy we can take the knocks. Let’s look forward to jog Equinor and the other partners assessing what they have done what info they have and what can be redeemed from this. I also hope that JOG move forward on other areas and look to exploit what they have as soon as possible, we faced a lot of delays on this west Phoenix rig and since the discovery JOG have put a lot of work into Verbier so let’s hope we start getting value again for us risky chancers !

GLA

They drilled a horizontal well and then basically announced a duster then within a few day when they sidetracked well came back with these huge results, was it all a big fooking lie! Why on earth didn’t they sidetrack this after knowing first time out what happened. Feels horribly smelly. Let’s hope for some love as this has cost me bundles. GLA

Lol so perhaps my posts should be listened to then and not shot down lol however if I was in the loop I’d get the new CFO to buy some shares that would do wonders for the stock plus all the other points I’ve raised the last 7 months!

Have a feeling tomorrow or Friday could be rns day ;)

Adrian sorry to disappoint but I’ve been investing in this since October. Buying on dips and selling on spikes. As long term posters will attest I’ve been right more than I’ve been wrong.

Weird to hear you change your tune. Finally accepting that money in bank doesn’t mean anything if you keep losing money. BK should have stepped down after the fiasco he has overseen.

Many unhappy customers with yu. So that tells me they haven’t changed much and 3 different sales managers in 12 months paints another bad story. If they can learn to invoice business’s correctly, hedge better, and sell energy more than they buy it for, then a recovery is on but I’d be surprised if we ever see this over £2 again, begs the question how this was ever £14......very scary indeed.

Ftse 100 ftse 250 both up today markets in free fall whee ? what on earth are you talking about? Your portfolio in free fall.....

Ironic, who knows. I think if some legal claim was to be had the big seller perhaps wouldn’t have sold but maybe they’ve already consulted lawyers or they didn’t buy placing shares without looking into it I don’t know. I think this drop confirms something else is amiss as I believe that large sale was started when the SP was 120p so 20% drop from that seems reasonable. Going to 80p suggests either bad TU or FCA have some answers. All speculation just like yours ;) GLA DYOR

Obviously this drip in price smells of some leak, whether that’s a bad TU coming or bad news from the FCA I think you can take that certainty to the bank that bad news is imminent.

For the punters in this you pays and take yer chances seen many punters blind to the facts or just drifted away, ironic with his daily mantra debt free millions in the bank doesn’t cut it. It’s pretty simple Yu doesn’t know profit margins from leccy sold and in some contracts ar,e losing money that’s terrible Bobby Kalar can’t use words like robust profit margins investors will walk away at talk like that and they are, I still believe the manipulated earnings was exactly that manipulated and it’s coming home to roost now. 14% spread means I still can’t get my buy in price but to be fair one bad rns sends this back to 40 and then I’m loading up.

New target price for me is 40-45p

GLA

A lot of sells in the last hour. Something’s brewing.

Wongtogo, the placing shares were done on an Accelerated Bookbuild process, Im not sure the T&C’s cover manipulated earnings, should the FCA state YU. Manipulated financials then who knows what recourse those buyers have.

Eric those instis will certainly have a case to get the placing money back, on the flip side it’s aim so I really don’t know the regulations on something like this. YU. haven’t come up with any broad expansion plans or share buybacks with the money they have in the bank.

Thanks Gareth, they paid 25 million quid in dividends last 2 years. Decline in profits states regulatory changes and not necessarily a struggling portfolio although the loss on yu. Must have been pretty large....

Dummy sell with Lloyd’s 91.6 buy 99.40

UBS sell 93.2 buy 98.75

Gareth,

Like I say it’s not easy to determine sells and buys, of course it’s easier to determine buys and sells when there is such a big spread it usually means very few investors are actually interested so it’s not very liquid plus it’s also a nice fat healthy profit for the MM’s.

The big sell of over 500,000 shares still listed as a buy when we know it’s a sell. That’s manipulation

As per January RNS

“The Group will continue to undertake a detailed review of the 31 December 2018 balance sheet until finalisation of the FY 2018 annual accounts and audit, which is targeted to conclude in Q2 2019.”

I think it needs a good rns to get to your sell price, from memory the next TU is due end of Q2.

Gareth.

Posters on here stating it will rocket to £5 not me. I’m happy with 20-30 percent profits and have made quite a lot on this stock.

I’ve seen lots of exuberant posters here since October but not seen those posts reflect itself in the share price and some of those exuberant posters have drifted away. I’m buying on the dips and selling on the spikes in my honest opinion the dip will continue in your honest opinion you believe the sp will rise.

Let’s see how the cookie crumbles GLA