Member Info for comek2

Before the presentation I posted that PIs are selling for the IIs to accumulate cause these are fantastic results. As James said he’s getting more interest from IIs and considering we are at commercial state of the product being rolled around expect IIs to pile in big time in the next few days and weeks. Those selling today will regret it big time hy next week. Those putting a negative spin on it are traders not investors….and loosers cause trading is loss making as “no one can time the market” per the old city adage, but some idiots keep banging their heads against the stock market wall til their pants drop to show they use their bum not their brain lol.

Buffaloben are you for real? The “going concern” is a requirement by the stock market regulation for every company announcement in its update. 1st revenues and profits and 20% market share for a small company, profitability in 2024 and 2025, 7m in the coffers while marketing and distributions cost met by distributors, foray into the Middle East and Latin America after Europe and the USA. Why put a negative spin on it?

Fantastic results with revenues and profits for the first time and excellent 2years 24 & 25 ahead with many deals in the pipeline to be announced, yet PIs sell after every results irrespective lol. We’ll sell to the IIs who will only be happy to accumulate in the next few days and weeks. CityAm newspaper states the brits took more money out of the stock market than any of the western countries. The biggest pension fund manager Phonix said U.K. Pension funds invest only 5% in the stock market well bellow others countries and urged to the government to do something about it. Are we doing Brexit in everything lol? Ie keep shooting our selves in the brain & bum lol

JohnBriggs, you spent the 4 Easter days on here every day all day sometimes til midnight. I feel sorry for you for the miserable life you must lead. If you were a successful investor, you’d have spent those 4 days away having a lovely break, like many here must have done.

Not even someone to keep you company? You must be wetting your pillow nightly. Make yourself useful for once and join the army for your country; they are looking for canon fodders.

They may include the points you raise in the results release.

Hopefully the results should be exciting particularly looking forward, no least progress in the US. I think they will.

I don’t agree with you I’m afraid. CEG got £12m from Chevron for block1. This hasn’t been fully reflected in the share price and so a rerate is in progress now the sellers are out- 10% up in 2 days. We will get another farm in payment for block 3 which the CEO said is being accelerated. I suspected they will get a better payment for block 3 as it’s surrounded by blocks of other majors: CNOOC, Shell and Petrobas. These cos will battle it out to add block 3 to theirs. And they will prepared to pay a premium, particularly the Chinese cause of the size of their economy and cause of the trouble in the Middle East eg disruption to shipments in the Red Sea and fear of the conflagration of the area which always add a payment premium to merchandise inc oil.

So the potential of the above factors will increase the sp much much further that even if a raise is contemplated, it will be done at multiple of todays price.

Has it gone private or closed?

Don’t know what to make of today’s rns it’s 2 edge sword? The suggested demerger is a great potential for the share price appreciating upwards, but chart needing funds may indicate troubles ahead. But at this price the risk is worth it imo.

Euston2283, what’s your problem? I see no post that your response is relevant to. People are naturally upbeat on their investment and with good reasons given 2 excellent updates and media reports.

Hopefully this is the start of the expected rerate. 2 excellent news in as many weeks. Farm out for Area 3 should follow soonish. I’m sure Chevron should have shown interest and have a first look in. Shell and the Chinese, particularly the latter would also be interest considering China’s oil needs to fuel its huge economy especially in light of the war in the Middle East. Consequently the need and so the speed to explore in calmer shores would make CEG’s assets and farm outs terms very attractive to CEG.

JohnBriggs, over the last 30 days, you post 34 posts: 4 on 2 other stocks and 30 on CEG only, yet all the 34 posts only to deride the 3 shares and in a manner to antagonise other people. Are you invested in no shares to post on, having maybe lost all your money and hence you’re bitter posting on shares you have no interest? Or has your wife run away with your best friend, for you strike as the type?

With the rns saying CEG is seeking “a farm in partner earlier” would suggest talk have already started not least with Chevron most probably when discussions were held on Block1. As I said, with other neighbours blocks being explored by the like of Shell, CNOOC and Petrobras, CEG’s will be in a position to demand better terms for partnerships.

Look at the bordering blocks being explored and the companies involved. Will there be a bidding war and early strike leading to a better term for CEG? You bet. Chevron acquired a company for $52 billions last year. Throwing few $100s million for exploration is peanuts for these big hitter in the oil industry, with Uruguay being the new frontier for oil exploration. Great news following on from last week’s.

“The AREA OFF-3 licence covers 13,252 km2 and is situated in relatively shallow water depths, from 20 to 1,000 meters, approximately 100 km off the Uruguayan coast. To the west the block is adjacent to the AREA OFF-2 block held by Shell, with the Amalia prospect straddling both the AREA OFF-2 and AREA OFF-3 blocks. To the east the block is adjacent to the Brazilian maritime border, an area that was subject to considerable licencing in December 2023, with thirteen nearby Brazilian blocks licenced variously to Chevron, Shell, CNOOC and Petrobras. To the south, the block is adjacent to two deepwater Uruguayan blocks, AREA OFF-6, held by APA Corporation (and on which block APA has a commitment to drill an initial exploration well in that block's initial four-year exploration period), and AREA OFF-7, which is held by Shell.“

Brex22, and you know that how, please tell mind reader? Idiot

Oil majors control governments, particularly the US. “Whoever control oil control the world” US officials admit, hence the petrodollars and wars for oil eg Iraq, Libya, Syria etc…. Therefore Chevron to be interested in Gec block, the US government through the NASA using their satellite data must have given some info to Chevron. There are also other big oil cos such as Shell exploring in the area. This is one in a life time opportunity for a minnow such GEC and shareholders alike. I have followed GEC for years and thus is the 1st time I invested heavily in the stock. IIs will soon be piling in, they understand how oil and politics are intertwined better than PIs, cause they themselves are part of the corporate world and politics in addition to paying for consultancy services in strategic investing.

Growthinvestor20, So you really here spending all time to relentlessly post putting down arb just to save people losing money, lol. Is you’re that good making money on stock picking, why aren’t you elsewhere making money instead of wasting your time and others. Doesn’t your good nature extend to not mess with other rightful rights to their r investment or chat board? Weird

Bilbobagholder, how could you be 420% in profit when the sp never went up to that %, from its lowest to its highest? Why lie, do you suffer from inferiority complex?

Or hasn’t it progressed further ie fallen through?

Was it cause of the CEO’s Vox interview yesterday? Or something leaky lol.

The interview was excellent, with hint to a deal to be deal soon with a Philips’ client and distributors in the U.K. and the EU, as well as additional clients for POLX.

Looking at Bracco products and services offering and their acquisition history of startup cos, clearly it’s a question of when not if they’d be interested in taking over polx which is perfect match for Bracco. Add Phillips and we might have a bloody takeover battle.