Member Info for chinch

As an Insurance Broker the average premiums for commercial risks are averaging 5 - 10% so there is growth out there. Remember the current CEO is really good so all looking positive and the Special div at the end of the year?

I make that about 30m shares that GRG have sold yet the SP has risen to all time highs. Strange, very strange indeed. Lots of theories but someone, and probably an II, has hoovered these up. Interesting to see everyone else’s take on this.

With so much good news on the horizon I can wait for the SP to go up. Gas prices are unbelievable and financial results down the line should see a nice boost at some stage.

ATB

I think it is number 4. Like the last comment buy, hold and don’t look at it

Or could this be GRG? RNS tomorrow?

Thx for the update - appreciated

All very strange here, circa 25m shares gone missing, statement in a Newspaper that doesn’t look right, no TR-1 RNS and the SP increasing despite a sell off.

Let’s hope the situation becomes clear for all of us PIs

Strange game this share business....

We have a seller in GRG yet the SP goes up and what's more interesting is why are GRG selling when hopefully there should be lots of good news soon and Gas prices are really high - doesn't seem to make a whole load of sense? 100% BKR around the corner which I don't believe is priced in to the current SP - strange, very strange.

For the SP to increase recently I'm just going to point back to Mitch's Q&A at the end of the presentation where I just thought he gave honest answers and much of what he has said has proven right. He said it took time for the market to digest R3, Columbus etc. and it appears that the market is catching on - only hope we don't suffer a reversal from this price like the SP always seems to want to.

Anyway onwards and upwards all and lets hope we can break that nasty barrier of £1.40 once and for all....

ATB

That’s all fine but the manipulation has been going on for months!

Interesting what Mitch had to say that they have investigated this and found nothing untoward. Doubt there is anything he or Serica can do about this. On a positive note he did say that when Erskine was purchased then it took sometime for the market and the SP to react. He then went onto say that all they can do is build on the opportunities that they have and somewhere along the line the SP will rise.

We all forget that the O&G sector has been in the doldrums for years, however, as the oil and gas price improves now might be the time that Companies like SQZ will prosper and fund managers will add these types of Companies to their portfolio especially ones that pay divs. Hats off to SQZ for admitting the problem but they are doing their best to create SH value that should eventually play out.

Well done to all holders - been a long time coming but let’s hope this is just the start of the good news!

Always was a patient waiting game…

SP slowly creeping up to 5p again. Glad I bought some more recently at sub 4p

Aviva have had a succession of CEO's who failed to deliver but at least Amanda Blanc has a proven winning track record.

I'm not surprised that 1 US bank is larger than all our banks after all they are a much larger Country than we are.

Good bit of news today adding 500 barrels. I appreciate that it has been pointed out before that we only get quite a small share of the total but an extra 500 per day all adds up. More drills on the way so could easily be looking at target of 4,000 barrels by year end if everything plays out. Fingers crossed and 2021 could be exceptional year where the SP cannot stay at this level.

A bit of patience required as usual with Companies like this but we should be rewarded in time.

Atb

I work in Insurance Broking and have bought into Aviva. The Insurance market is turning and premiums are on the increase so would hope the profits will be higher in the medium term.

Another reason why I’ve bought in is Amanda Blanc. Everywhere she has been she has been successful so the Company is in good hands.

Let’s hope the return to Shareholders is not like Tesco’s special div which turned out to be a damp squib.

Anybody going?

Thank you both. Let’s hope the dust is starting to settle and things can return to normal. This share just reminds me so much of Boohoo when directors sold and the SP tanked. Within a couple of months it had all been forgotten about and the SP increased and some.

There will be more Director sells within the next 12 months as they haven’t sold all the warrants but hope the SP increases from here.

Let’s hope that the SP is still at this level when div gets paid so will buy me even more shares

Whilst the debate rages about ramping or deramping I took a few minutes to top up at sub 4p. Once again the fundamentals have not changed, the business has not changed that’s my angle on this. When you have a company that could easily do the turnover which is larger than the mcap that certainly gets my vote on small aim stocks.

Atb

Whilst the numbers look really good for Jan 22 I’m holding for a t/o. Why you may all ask because the age of the board - nearly everyone is over 60 and Mitch is late 50s. In any good business you have to have a succession plan of some sort so is this why Kate was employed - is she going to take over at some stage and learning the ropes from Mitch?

With the reserves being maintained and 100% of the deal not too far away might be a good time to contact potential suitors?

Aimo

Only time will tell how this plays out….

Looking at the figures this Co could easily achieve Mcap by t/o alone.