Member Info for Gerry65

heid - am happy holding too, no one suggested there would be news every day lol.

took my time buying in, as you know.

buzz is upbeat when he is in and downbeat when he is out.

its a 150 day ewt, and many different aspects to the testing of each zone. oil won't be pumping every day, that's not the plan.

people are going to drive themselves nuts checking up on tankers every 5 mins.

news will come when there is something to report.

yes silence gives the doom and gloom brigade a chance to wind people up.

people have the same three options as they always have - sell, buy or hold.

gla

Another strong set of results.

Would prefer that TLW refrains form paying a div for at last another 12 - 18 months, but focuses on continuing to put that free cash flow into reducing the debt further.

To my mind, a few pence on a div, would be considerably outweighed by a continued re rate in the sp, should TLW keep reducing that debt to take it out of the equation, with any broker concerns.

Then reintroduce the div.

Its looking very good for the medium term here.

Blue sky's ahead.

last call - i usually use h&l free section for info and charts, heat maps,, company news and financial diary etc.

then have this site and advan up and running on browser for chat and debate.

use halifax sharedealing for trading - mostly through s&s isa nowadays. its simple to use so suits an old sole like me down to the ground.

like to have bloomberg running on the tv, in the background if i am home.

not sure if i can take on any more info. will fry my mind lol thanks for the link though.

no doubt i miss many opportunities, but i pick up just enough to keep me busy.

my better half has just got in from work - doesn't sound like she has had a good day, so i'd best, call it a day for this eve, and give her my full attention lol.

Last call - it's always worth taking a cool hard look at ones portfolio every few months.

Cast one's mind back to as to why a share ended up in the portfolio - short term gain on a dip / div long term hold / defense share / growth etc.

Am generally ok at my selections - got a few buys wrong - who hasn't.

Two things i have struggled with in the past is when to take a profit, and top slice or sell up, and when to accept, the market does not agree with me on a particular share and take a loss, and move on.

Its very easy to get attached to shares, sentiment is a strange thing.

Am no longer worried if i miss the top of the market on selling,a profit is a profit. Am getting much better at selling up - particularly if i know in my mind where the funds are moving onto.

Don't like holding onto dogs either, hoping for the turnaround, but sometimes needs must.

Find using watchlists on here very useful for tracking potential future opportunities.

Investing - its a game lol

GLA

Last call - several shares in my portfolio, look toppy, to be expected i guess. I have taken some profits here and there.

The fall in both the FTSE 100 / FTSE 250, in early jan, was food for thought, though the recovery, in the spring, has eased the situation.

Sure there will be further retraces, over the medium term, but you have to be invested to pick up divs.

Buying on dips takes out 10% market retraces though in many cases.

Time for lunch

GLA

Last Call - i have no additional read on matters, ref vod.

In truth - i don't look to trade with the majority of my portfolio, similar to most i look at fundamentals, and buy for divis and growth over the longer term.

The market has seemed a little jumpy over the last 12 months, perhaps believing the bull run may come to an end, not sure that we are at that stage as yet.

I have picked up some shares on the cheap - imv, GSK / HIK & IMB all recovering from heavy mark downs.

I don't short - too stressy for me at my age, and to be honest i don't have the time to day trade, nor do i need to take any risks for quick returns, hold a steady portfolio for 90% of my investments - to support my pension income. Then play for fun with the other 10%

Looking at VOD - 5 year chart it has swung regularly between the low 190's up to 230 - 240, so seems quite tradeable. As to whether to drop from the yr high early Jan to where it sits now is a buying opportunity, is down to everyone's personal opinion.

If it bounces, and returns to 2.20 + those that bought for the div, before ex div date 7th June, will say with hindsight that they did well. If not I guess they hold and wait.

The fun of investing - GLA

FTSE - only needs an ill considered comment from any number of politicians around the world nowadays, to create movement either way, or so it seems.

Last call - FTSE has just popped over 7700 - 09.57 - you expecting a drop later in the day to get to your 7600 prediction, or do the bulls have it for today ?

lol - just got offered 2.51 to buy so in reality the spread is not as quoted - only a dummy trade for personal interest , but way lower than the 2.70 to buy quoted on here.

Accepted prices quoted here are time delayed.

with a spread of 22.73%, on Solo today - i guess that takes out any day trades, so guess people are either locked in or locked out today. might do a couple of dummy trades to see if that figure quoted on LSE is genuine.

dhc - maybe it shows our strength, its been difficult to pin down the exact amount of the inter co loan in the sept 2016 final accounts, in the rns dated 28th feb 2017 under cashflow / financing mention of an additional top up to the hhdl loan is mentioned at a further £1.21m during the tax year.

the other bod's of the other companies with stakes in hhdl, will be aware of its existence.

at the moment repayment is planned to come from revenues., sure ss has it all in mind.

dnc - yes effectively about 185 tankers would repay the inter co. loan from ukog to hhdl, if it is only £1.5m on present figures.

but ant eventual repayment structure, i guess will have been agreed and considered beforehand, taking into consideration, hhdl's ongoing future cash flow needs.

we have our war chest so repayment is by no means pressing for ukog.

i would imagine, this inter co. debt, will have been taken into consideration by, other co's when taking stakes in hhdl, under their due diligence.

i take it as a brucy bonus for ukog pi's.

re ewt revenues, need to be used to cover costs of ewt and contribute, towards the ongoing planned post ewt drills.

we at ukog don't need the income at present, plenty of funds in the war chest.

would imagine this would have been agreed beforehand by all involved in hh.

good to know we have the additional brucy bonus of the inter company loan from ukog to hhdl.

loan to be repaid from future revenues, in a timely fashion, as the project develops. if the loan does stand at £1.5m i did a rough calculation yesterday, that at present $ - £ at say $50 profit per barrel, then 39500 barrels to ukog should cover the loan.

all is good

enjoy your profits.

best of luck with your trading - think you are saying you are looking to double your money on deb, too risky for me. but want to short vod.

ok got it now.

there are a number of plays - we each have our views on which company provides the best opportunity, some have hedged their bets, investing in two or more.

today has seen sp rises on other shares, but lets remember ukog has risen from the low 1p's over recent weeks.

shares rarely rise without bumps on the way. to me any rising excitement around any of the weald shares is good news for all.

it was suggested by a poster on advan, that our £2m war chest for opportunistic purchases, may have raised buy out speculation amongst the other hh players, not sure though about that.

some indicate that they switch in and out of the various plays, this can work, but i noticed that spreads are often higher on other shares, not always though so tricky to get it right every time imo.

all said and done ukog is the biggest player at hh, so we should achieve the greater rewards from successful ewt over the three zones at hh.

in addition we are totally focused on oil in the weald, whilst some other hh co's have a somewhat butterfly approach to their investment strategy.

we are locked and loaded with £12.5m raised recently, to cover planned operations over the medium term, which when added to cash already in bank leaves ukog in a strong position looking forward imo.

hopefully all revenues from the ewt will be retained, in the war chest, for 2019 as we move towards commercial oil, and not disbursed as some on other bb's are hoping remember ukog has its funds in place, and is ready for future drilling.

all is good.

last call - think i get your overall drift. for me you need to avoid any short hand too old school sorry.

will stick with the header on my post re deb on 11dec - "still a long way to fall" too risky for me , think i mentioned it loomed like the institutional shorters were looking to take it down. looked like another clln moment. still i me guessing you feel its going to turn, best of luck. for me i hope so - i like shopping there lol.

anyway this is a vod bb so will leave it there

last call -my concern re deb last year were two fold, the size of the intangibles, on the balance sheet at £991m and the fact that the institutional shorters were were all over it, were two red flags for me so i steered clear.

dont understand your post but it looks lime you are in for a bounce there. i hope it comes through its troubles as i lime my local store

have you shorted vod today ?

tsco has done me well.

are you related in any way to world go round lol

jonjo - see some posts from last call - think he maybe addressing me - i just dont understand him though, which is prob a good thing.

think he is shorting vod. think he maybe is in deep in deb but just too many posts there for me to be bothered to read.

is he in tesco - if so maybe he has got that one right.