Member Info for Crocqman

Can't see any posts since 9am. Quick post to see if everything returns.....

What an obnoxious poster you are, p1946.
The same abusive, anti-ftse posts on every board, and every post promoting US mega caps as being the only answer.

You do realise that other posters invest based on their own opinions, timeframes, risk and reward, and likely have a good balance of stocks across multiple sectors, indices, growth vs value, etc, as well as other investments such as funds, cash, etc?

Why post your bile continuously across multiple boards like some kind of investment guru that you must see yourself as?
Stick to your own strategy, and good luck with your choices, but leave others to theirs

Yes, this is generally an informative board.
So many others boards it is just pointless looking at for any relevant information.

Personally, I feel many are too fixated on the past highs. These were clearly due to sector excitement and hype and were neither justified, or sustainable, especially at the stage of growth the company was in at the time. I know many may feel aggrieved due to investing at prices at these higher levels and are impatient, but the comparisons to 3p are not really helpful, or justified, imo.
In the past few years, we have seen the same with small cap O&G, so-called covid stocks, hydrogen stocks, etc. These boards are littered with investors (gamblers?) who got sucked in looking for a quick return on a rapidly rising sector and see themselves stuck and blaming the Govt, management, etc after the share has fallen away from those highs.

AIM is risky, and you are battling the odds no matter how good your research is. The rewards can be great, but after an initial excitement and surge, it can often be a long wait for a 'recovery' when a company progresses from initial hype/excitement, to being established, stable and growing. It does not seem rational to be at the current SP with the news we have and the potential compared to a year or 15 months or so ago, but that is how it is, how AIM seems to work.

We are seeing a good stream of news, plenty of projects at various stages, but this will not be a quick return for investors. We are past the stage of rockets and multi-bags on any good news. The markets will perhaps not react how investors think they should. Continued tangible progress, delivery, cash generation will drive the SP, along with outside factors which the company has no control over.
More than happy to be holding here, and thanks to the knowledgeable posters for sharing their insights.
gla

Not that it will be a reliable indicator, but ANGS received their council approval today for their Saltfleetby project.
This seemed more of a formality though given how far down the line the project is

The same people complaining about greens and nimbys and how old folk will freeze because of them and their actions will be the same people rejoicing at the high poo and having £1 parties if all UJO planning is approved, oil is flowing and dividends being paid, while old folk are still freezing because it has had no impact on prices.
So many hypocrites on here.
Where oil and gas is produced will have little impact on the price, especially the small (by comparison) amounts produced onshore vs daily usage requirements.
There is no altruism here, it is just greedy investors moaning at anyone and anything if their investments are not making them money because of perceived foul play. No personal responsibility for investment decisions.
Onshore O&G, like any AIM investment is high risk, high reward. That is still the case here.
The SP is where it is due to a history of leaked placings and taking years to get anything into production when they do have the permissions. I accept that, hard though it is. Others clearly don't, or won't have anything bad said about past events and the impact actions that the company can control has had on progress here.
I have accepted that, and stay because of the potential knowing it may well be another 2-5 years before I see any return here, rather than some 2 years ago when many reasonably expected to see multiple producing assets generating lots of cash.

As I posted yesterday, planning should be approved on its own merits and recommendations, as it should have been before. Let's hope for a sensible outcome.
The SP rise today looks to be anticipation of a favourable announcement. It will move likely quickly either way depending on the result, so anyone wanting in or out will need to be on their toes.
Traders will have the chance of making a quick buck either way

Great news.
I should have added at sub-0.90p over the last couple of days when I had the chance.
Never mind, still happy with my holding.
Let's attack 1p today and see if this can finally hold above that tricky level.
Volumes today will be interesting.
gla

Thanks v-i-i,

I think I read an interview, or a comment from the ceo of RIO earlier this week where he said he expected a worldwide copper shortage from 2025 (I think), so not overly surprised to see this. Bodes well here.
gla

I expect that if WN is to be approved, it will be based on its own merits and recommendations, not due to some often repeated red-herring reason about not importing russian oil, or some of the many other arguments put forward by some on here to try and justify why it should be approved.

The extreme views of the 'oilies' is just as disingenuous as those of the 'greens', imo.
The true, and sensible view is, as always, somewhere in the middle.

Onshore is not the sole answer as is often portrayed here, but it will form (a very small, let's be honest) part of a joined-up common sense approach to any long-term transition. This is something that has not always be seen at local council level, as has been seen here and elsewhere on many occasions in the past few years.
What is needed to overcome local nimbyism are environmental incentives to benefit the local communities, when proposals are put forward, either via a share of proceeds, or investment in local projects. Working with the community to overcome the view that all oil is bad, especially in their back garden.
Not something many want to consider here though as it is always a binary oil vs green argument, and the only concern of investors seems to be multi-bags, rockets, etc, rather than a reasoned view.

If WN does get approved (I think it should, as there is a strong case), it will likely result in a short-term trading opportunity, rather than a sustained SP rise that many are expecting, as any results will not happen overnight, and the markets will only really re-rate on delivery at the levels expected.
A nice short term boost, but long term hold on a win, but a likely drop back into the 'teens on a loss.
Holders' views on any decision will no doubt be influenced in part on their entry price though, unsurprisingly.

Place your bets

Good news to start the week.
Had been holding back some funds to add to target after an earlier additional buy, and looks like I have missed sub-36.
Will hold at current levels for now, and see where this takes us, as nicely in profit currently.
Hopefully, the start of a run of news flow here.
Markets have been showing signs of recovery in the last couple of days, and the sector is back in focus too.
Well done to AB and the team

The first reportable threshold is at 3%.
I think they have 4 days from hitting the threshold to inform the company who need to report by the next day.
Positions will be checked daily.
In reality, it will not be the company making the disclosure it will be their (lead) Fund Manager/custodian who will know their total holdings from overnight position feeds.

The requirements for reporting, including subsidiaries, aggregate holdings, timelines, etc are all publicly available online in the FCA Handbook (DTR 5). Link below.
Obviously, some will claim shenanigans, etc to bypass the reporting requirements

https://www.handbook.fca.org.uk/handbook/DTR/5/?view=chapter

The quoted Jarvis position is no doubt the holding they have in custody on behalf of their retail clients, which is part of the service they provide.
Very often, these large shareholder positions are actually custodian positions held on behalf of individual clients, not actually an Institutional (and, therefore) reportable position.
It just shows how useless these sites are that they are unable to distinguish between an actual II, and a custodian function.

The Avacta website may not always be up to date with regard to individual large shareholder positions, but I would trust it more than I would a site like this.
TR1 disclosures via RNS can be checked, if anyone really is that bothered

Thought I would check in here to see what chat has been going on this weekend.
Only 8 of the last 80 posts since Sat am are not green-boxed for me.

Meanwhile, another of my shares that rose almost 100% in the last week has 15 informative posts in the same timeframe.
That's AIM for you!
Will await next news here

Enjoy Gold Cup day, Howey.
I've only been to the festival once, and drew the short straw to drive, so the Guinness tent was off limits.
Fantastic atmosphere, crowds and a great day out
Never been a happy hunting ground for me with betting, but last year was my best yet.
Good luck

Well, my optimistic post from this morning did not age very well :-)
1p not held, again.
It's almost typical that ANGS are seemingly struggling to sell a strategically important, and known past-performing gas asset during a period of unprecedented record high fuel prices.

Oh well, it's the weekend. Plenty of rugby to come, and Cheltenham to follow next week to distract from all the goings on here.
Good weekend all

Looking a good day here and across the board.
At a 1.10 mid, I am back in profit here for the first time in around 40 months, courtesy of plenty of patience, some well-timed averaging down, and blind faith that SFB would be a different proposition.
Longer to get here than hoped, but surely the bod can't screw this up now!
Time to step away from watching the SP every few mins,. Will look in later for any updates and to see if this is finally holding over that difficult to sustain 1p level
gla

Great post, Spreadn
Can't disagree with anything you said there

Given the RNS today, surprised that Q1 on the IQ's has not been answered.
Not much else they can likely say at this point on timelines, and unlikely the situation will change between now and end of month (you would hope).
They should have an idea on the permissions/approvals too, so a little disappointing that this was not included in the RNS.

D-Day tomorrow for Sound. RNS if offer made, or one on Monday if not.
Also expecting a TR1 (and/or form 8.3) on Wednesday, or whenever the new shares are added. No reason for a delay on this as the company will not need to wait for a notification, regardless of reporting timelines, and current volumes would indicate around 3 weeks for any selling off to be completed based on current volumes, if they were to look at selling out (imo, perhaps a reduction of 50%, but some will be held).

This will certainly be interesting over the coming weeks here, regardless of your position/viewpoint.
We should finally be seeing regular updates, and news landing which will impact the SP.
Holding over 1p would be a good start.
Not really happened so far despite several attempts on good news, and has not held for a sustained period over this level since before the Brockham RNS way back in June 2019, which is not much to shout about given the levels seen in the 6 months prior on anticipation of positive results there.
Usually this has been due to the bod shooting themselves in the foot when the SP has started to gain some traction, covid aside.

Still not counting any chickens here, but as good a 'safe' play as is likely on AIM at these levels (imo) given how far down the line we are with SFB, and the known interest of multiple potential buyers.
gla

Definitely not Sound for me either, but If any bid from them before their deadline tomorrow leads to others showing their hand, it could be a good thing.
I can't see a bidding war developing, per se, but someone will surely come out of the woodwork with a counter offer at least around the 2p to 2.5p level (my long term conservative target SP for SFB).
Not saying that should be accepted, just where I see any realistic starting point to any bid process.
I know the bod said they would turn down 1.4p outright, regardless of the deal make-up, and I highly doubt that Sound will be in a position to make any formal bid anyway given the slide they have been in over the past few weeks since their name was put in the frame. And certainly not anything that would represent a good deal for shareholders based on the info we have been given on their previous offers.

The news today just highlights the inadequacy of their potential 1.4p offer, even if we are still at least 2 months plus away from delivery.
We'll know soon enough on this one at least

Yes, getting the litigation out of the way is good.
I suspect it is more to do with concerns raised from potential buyers wanting this out of the way rather than the company line of it being in the best interests of all shareholders , but all done now.

A firm timetable to keep track of progress now.
I don't recall seeing anything to confirm their expectations of first gas, although it is clear that neither Q1, nor no later than 20-30 days into April (per the previous guidance) is going to happen.
Inference is for first gas in May/early June with a few weeks production prior to side track works on June which gives them a good 7 weeks of wiggle room to hit this new target. Still not the firm date to within a day or two.

Let's see how the market reacts to this over the next couple of days.
Sound Energy also have only 2 days to declare any potential bid before they will officially fall by the wayside.
gla

Blimey.
Been out all day, so only just catching up on market action.
Great rise, and into profit today, but a rollercoaster 5 days of being invested here!
Not one to take your eye off.
gla