Member Info for Danger_Mouse

There is too much PR in this stock. It must stop.

Management with an excellent track record. Or recency bias? If anyone is looking for a profitable oil company away from this madness look at I3E with higher dividend, growth, more oil and gas, decent production with growth buy I3E.

The dividends from mining and oil I am sure will mostly get re-invested in the clean energy sector. BERI I hope is the most exciting fund for the next 5 years. China going back into lockdown may hit mining but the opposite is true. the oil sector is manipulated by OPEC (and NOPEC) and the clean energy part is an absolute must.

Very low volume day. Very low shares were bought back yesterday.

Could not pick up any until this large sell I presume that created a bit more liquidity and buyback opportunity:
200,000 / £145.00k at 72.50p This allows us to buy at 73p.

Datron and I am not sure which one they have more than 30 or so funds and trust!

Dartron, I don't think Premier Miton Group (PMI) should materially befit from this but the funds it manages would.

There was no need to do deals during a period of high gas prices. Returning the cash to shareholders would have provided a small market cap where a high dividend yield could happen attracting new investors and providing income.

They've ticked every box. Serenity, ESG, Growth and Dividends. Make this a much stronger buy than DEC. If one was to sell there is nothing that offers this mix in a geopolitically safe region.

"Isn't the next step to get off AIM, " - I rather not pay the stamp duty of the main index thanks. I for one continue to accumlate :-)

TrueInvest I am a big JSE investor. There is no need to put that out there here as the risk profile is not suitable for many here seeking growth and income with a higher risk than BP, Shell etc.... JSE does not provide an large income and a relatively short life of producing fields but it does provide a big bang opportunity when things go right and should be looked on as a speculative stock.

Even an income investor like me would like a sale at 35p to invest elsewhere. Corporate debt though risky offers >8% via SMIF and I could buy many of those! CAPAX amongst the majors has increased massively and the chances of M&A are very much higher now even with the decline in oil price. There is an investment case. The European gas situation is set to be bad for next winter and perhaps even to 2025 and this will push up prices more so around the world than ever before due to storage being used to send LNG to Europe. Next winter China may compete for this.

And... with oil prices so low, burning oil for energy is cheaper!

The market decline amongst many of the energy stocks is weighing heavily in particular VET with exposure to both North America and sadly the UK windfall tax. I bought here today and will continue to add in the decline. The fund would benefit from adding I3 Energy into the mix.

robleo, unlike your VOD and LGEN that are showing growing revenues M&G are in that tricky space where revenue has recently tanked (a bit like the VOD share price lol). The world of investment is baffling... I may switch to perpetual underperformer VOD based on earnings growth.

This is an ideal stock for monthly dividends IMHO. Has there ever been talk of this?

I have 0.184p a share dividend this year and that's a 10% yield. I presume this is not suitable hence where we are today and this will have to go down to around 7%

"Next year, the company has indicated plans to distribute £20.4-million ($40.3-million), or $0.034/share on an annualized basis, reflecting a yield of 10.2 per cent on Monday’s close.”

0.034 CAD = 0.021 GBP

0.021/0.019 = 10.47% dividend yield for next year!?

G_G_G Yep, a bit more aligned. In the long run, stocks are a weighing machine and I added again this morning at under 20p (average 23p). We live in a world where we have access to all listed company data and any PR ramping will be an opportunity for sellers. Some large trades going through today. Even increased dividends that do not contribute to long-term value won't help. Share buybacks are possibly good at these levels but certainly continued growth is the big driver.

Jezzoo - Right now it is cold and people don't want to pay high prices for ice cream :-)

Jezzoo - I have never said PR does not work. I have said it is not the reason for the fall. If there are ice cream vans on a sunny day it does not mean the ice cream vans bring out the sunshine.

G_G_G actually applying a "Law" to a situation like I3E remains a hypothesis that needs data to be true. You can't apply a law and state it as fact for a given situation.

To support the lack of PR nonsense take a look at the share price of VET. Its performance is almost the same as I3E yet VET is well known in funds including CYN that I hold.