Member Info for GarryGraham

C Perkin - Great to see a rise today. If the SP can recover I will be the first to tip my hat to Mr Uliel and all those who ramp this share. I would love to see this to continually rise for all LTH. Good luck to you and to all.
GG

CPerkin - You have still not answered my question. I don't think its very difficult to answer. I am very keen to learn some investing tips from you. You are a big fan of this company. Whilst 99% of long term holders are down in the region of 85% - 95% you are obviously making thousands from this share. I fail to see how as it drops every day but who am I to argue. Again I repeat the question.

You must inform us how much up are you on this share ! GG.

CPERKIN 14.59 GG, I suggest you look at the trades, all 6 of them and see the UT is the false SP reading, current buys are at 2.0p and sells at 1.78, so how can the SP be 1.71p? Indeed a load of false crap as highlighted to the LSE umpteen times.

Really glad you are so optimistic about the share price and the company. You must inform us how much up are you on this share ! GG.

Assuming that Amigo loans comes to a satisfactory arrangement with the FCA and the courts, and amigo loans 2 is successfully agreed, Amigo still has an absolute mountain of cash to pay back. There are currently about 40 different companies offering loans for bad credit and numerous other companies offering credit cards for bad credit online.
If the FCA grant a license ( and this is very much in the balance ) the new Amigo 2 loan agreements will be so tight and restrained this will obviously affect future profits massively. It is very very unlikely that FCA is not going to approve any future lending to individuals with bad credit unless severe conditions are put into place due to Amigos past history. Those conditions are maybe so harsh that the company makes considerably fewer profits. In this case, it may be that Amigo has had its day in the sun and investors thinking that the SP is going to rise massively and the company profits are going to be huge again are living in Fairyland. I am of the opinion the FCA will impose very strict conditions on any future lending, that is after they have paid back squillions of pounds to the claim companies. I think Amigo are very much up against it hence the silence from the board of directors. GG.

Another fall in share price - 7.5% down today to 1.71.
What a pile of crap. GG

Only BPC - you posted on the 16th July 2021 that you were definitely holding and no more buys. A few previous posts to that you stated you were putting this in the bottom drawer. Just intrigued as to why you are thinking of averaging down. Im not being judgemental either way only interested in the change of heart. GG.

A lot of personal comments have been made against those people who challenge the board of directors wisdom and integrity by certain posters on this bulletin board that can only post positive comments no names required. I am also of the opinion that they report negative comments and ask for them to be removed, probably in conjunction with the company . Personally, I find it very easy to judge the current board of directors and CEG share and the value I believe it holds. I am neither an oil expert, geologist or a share guru with a PHD in economics. My formula is as follows: It is not groundbreaking !!!
1. Review the company accounts for the past 3 years and review the income and profits from its core business strength and make a decision accordingly. ( In the case of CEG - current accounts have not been filed yet as they are late and have been for some time. However, previous accounts show no profits in the last 5 years from its core business activity and minimal income as a result of oil exploration, discovery or production ).
2. Review the RNS issued by the company in the past twelve months for potential positive news to note a recovery. ( In the case of CEG - I have looked extensively but cannot see any positive defining news that clearly indicates a turnaround in the company in the past 12months ).
3. I turn on my screen each day and review my share-dealing account. I don't think my trader account is incorrect but I bought the shares some time ago at which I believed was a good price and it is now 95% lower and each week falls. Since the purchase of the worse investment in my life, no commercial oil was found in the Bahamas. The licences have not been renewed. The legal battle with the environmentalists has not been finalised in the Bahamas. Leo Koot the director and Simon Potter the CEO are no longer working for the company and a number of other non execs have resigned. The company has changed its name so it no longer uses the word " Bahamas " and no P1 test results have been disclosed to the shareholders and the accounts are late so the financial position is uncertain. Meanwhile the shareprice has fallen 95%. We still await a farm in and the only thing that has diluted faster than the oil in Bahamian waters are the continual shares being issued by its new CEO . I say to the posters who cannot see the wood from the trees. Until the company does turn itself around stop posting any more nonsense as your conjecture will only result in other people losing their hard-earned money. Enough people have lost their lifesaving on this dog of a share and your posts only encourage people to do the same. If the company turns around and we all wish that then great post away and we will all eat humble pie but until then stop being so irresponsible and if you don't believe what I say just stare at the screen in front of you and read the share price. GG

RR is a great recovery stock for long term holders. Company is heading in the right direction and is superbly set up for future growth in fast emerging markets. Covid 19 has undoubtedly affected company sp but as a long term stock holds great value. I expect a rise of around 50% on the current SP within 12 months. GG

Absolutely nothing negative or positive in the recent RNS. What the market and shareholders need now is positive results. There has been no positive news or negative news on this RNS. Anyone expecting any positive news to come from the Bahamas is kidding themselves, this is now dead in the water. Be realistic it is February 8th since we heard the "non commercial results " on P1. 5 months of no news , no license renewals. There will be no chance of P2. I say with a heavy heart. GG

Just seen a huge buy order of £3.42 gone in today. This is the total amount of buys for today as of 11.29 am.

Market sentiment is huge for this company must be all the positive posts on this bulletin board that are yet to come to fruition. GG

Rolls Royce. Huge world wide respected UK engineering company with almost £60bn order book. Getting massively into electric engines. Biggest testing facilities for engines in the world - fact. State of the art technologies unrivalled in aerospace engine design. Huge orders in the pipeline for defence and power and will dominate in electro/ carbon efficient technologies and energy in the next 10 years. This share price is a steal. I am happy for it to flounder as any spare monies I have I am just pumping into RR. Keep for 3-5 years and sitting pretty. GG

"This share price has nose dived for 7 months and you say ignore the de-rampers"?
Never a truer word said. Honestly, there should be a lot stricter regulatory powers which can be enforced on directors and especially CEO's of AIM companies. Its wild west. In my opinion a lot of the shenanigans of this board of directors would be brought into question. Company shareprice is worthless. Presentations in my opinions by Directors including past and present CEO's and senior staff members including Nathan Rayner misleading to investors. RNS statements unclear and contradicted with actions shortly after. ( Fully funded, fully funded ). Late posting accounts, never made a profit in accounts from Core activity. Legislation should be brought in but its not a vote winner but hard earned life savings are squandered to unscrupulous men who pose as serious businessmen whilst running "sham " companies. All in my own opinion. Long term investor sat on 95% losses. GG.

ZagEgypt : 23/07/2021
"How anyone can talk up this share is either Dillusional or smoking something they shouldn't be.
Enough said".

I think Potter and Uliel may have been "smoking " something when they did their late night "presentations". Nathan Rayner definitely looked like he was on something when he did the infamous so called presentation 10 days before the duster results on P1. Blimey, he was so dour a glass eye would have fallen asleep.
Exciting times being a CEG/BPC shareholder - NOT !!!!!!

Disclaimer : The above comments are not meant to be taken seriously and purely as a bit of fun from an existing shareholder with a 95% current loss.
GG.

CPerkin: 23/07/21 Anyone who focuses purely on the past and discounts the current drill underway is in cloud Cuckoo Land or maybe just under 5ft 3 inches :)

Dont get the reference to 5ft 3 inches - strange ! When the vast majority of shareholders are sat on losses of 95% due to all past predictions being incorrect and the company never having filed accounts showing a profit from the discovery,exploration or drilling of oil for the past 15 years why are those said shareholders in "cuckoo land ". What else do they have to go off. Past performance in this company is dreadful. We all hope this will be turned around but until we see some positive results and not just conjecture or fairyland dreams that included farms in or P2 drills in the Bahamas we sit here awaiting eagerly to be proven wrong. We are NOT cynics, we are realists trying to protect others from losing their money. Keep flying the company flag and one day hopefully your wishful thinking may finally be correct. GG.

HH1A2: I believe the well perf and testing starts tomorrow..why so much negativity on here.

Try another day another 7.5% share down. The only thing one can guarantee about this company is that the share price will fall day after day after day. Only a positive RNS statement showing profitability or the possibility of profitability. They cannot even post their annual accounts on time ! GG.

CPerkin "You would never believe that this company has a drill underway with results expected very soon, & a well that looks at this stage as if it will come in as a likely producer and paving the way for full field development".
Well the market certainly doesn't believe it just look at the share price falling like a stone for proof of evidence.
This company has very little credibility whatsoever. All in my own opinion : GG

Page of Cups : 20/07/2021 -Gotta love these self deluded posters. And what if P#1 had found commercial oil? I wonder what these posters would be saying about the management? Cry baby's the lot of them.

Try calling a cry baby to the Scottish gent who phoned me up distraught having cashed in all his Grandchildrens inheritance to buy BPC shares on the strength of the so called "oil seeping up through the sea bed and "dead cert " comments from Simon Potter ( Ex CEO ) and the ridiculously positive comments from the likes of Page of Cups to mention a few. You may feel we are all self deluded but this chap had Parkinsons and was in very poor health. GG

There have been many different scenarios conjured by regular posters on this Bulletin Board recently. Most are what if scenarios. I however would like to offer a more definitive assessment of the current situation and the predicament in which most shareholders, private investors and long term investors are sitting on 90% + losses.

1. P1 drill exploration was an unmitigated disaster. BPC ( former name ) spent over $120 million on research for over 15 years and in the end, the drill was underfunded! The leadership under Simon Potter and Eytan Uliel was nothing short of calamitous for shareholders. These men in my opinion are not competent to be running a public limited company and are a private investor's worst nightmare. The antics of Fred Smith QC should have been seen off months ago with a positive ongoing public relations campaign in the Bahamas. The board of directors had 10 years to prepare for all contingencies and they could not even drill to target depth and then became delayed due to equipment falling down the drill. The whole episode was a farce from start to finish. I became personally attached to the share and greed enveloped me I should have pulled out when Leo Koot ran off to the hills or after watching the farcical and untrue presentation by our drilling director.
2. The Lombard deal was a very poorly constructed financial arrangement that only benefited Lombard. It was a shocker and if this is the capability of Eytan Uliel then I seriously fear for LTH. To add salt to wounds they even dissed us after taking our money !
3. Leo Koot ran off from CERP because he knew that the Bahamas was the only chance of making money. No one was interested in CERP prior to the results of P1 and as soon as he knew it was a duster he could not get out of the place quick enough. If anyone thinks 300 barrels of per day at best is going to get this worthless share price higher - FORGET IT.
4. FACT: CEG or BPC would be liquidated if it was not for continual investment by shareholders. They have never filed accounts showing an income from oil exploration, discovery or production let alone a profit. To state they are an oil exploration, discovery and production company is comical.
5. The share price is practically worthless because the market believes this company is worthless: FACT. No good news has ever been announced in an RNS. If it turns around great. If a house is on the market for sale for £10000 it is probably falling down, has no foundations and has no protection for those living inside it. It may be infested with vermin living off the food inside. This is about the closest analogy this share is. We are all sitting on 90% losses and personally, I am down £32000 because the board of directors has never done anything. The market has no faith. Let us hope Mr Uliel can change everything but if one is keen to invest in this share be VERY PREPARED to lose everything. All in my opinion - GG.

Ross: "CEG shareholders deserve a BoD that they do not have to keep apologising for."

Absolutely spot on. All this board of directors and under the old leadership of Simon Potter has ever done is fleece long term shareholders and continually put out the begging bowl. This shower couldn't find oil at a service station on the M1.
Without doubt the worst investment I ever made. 90% down locked in.
Cannot believe those on this BB who continually sing the praises of this company now under its third or fourth name and
those on here who deride shareholders who question the board of directors ability or integrity. What value has this company ever given its shareholders ? GG

Dimi 79"Amigo are not like Wonga, they are not a payday lender. The rate you would get at Amigo (49%) is only slightly more than most overdrafts from highstreet banks".

In reply: I know that and I actually feel that Amigo offer a valuable service. The fault lies here with consumers who are happy to take the cash ( the blame society ) and claims management companies. To me if you sign the contract and take the money you pay back or the guarantor pays back. I am just stating that I think the politicians are happier for companies like Amigo to fail and go into administration and use the FCA and the courts as a way of ensuring that happens. The chances of this falling and going into administration is very high. It is a high risk but equally high reward investment. GG