Member Info for GettingBy

In this interview https://twitter.com/ShareTalkNews/status/1354099297491378176 at 10:27 the CEO talks about a new gas supply agreement that has been signed with FIPL Afam power plant https://fipl-ng.com/plants/#afam-plant that will be activated in the first half of 2021 and will be incremental revenues in addition to guidance. This power station is located here https://www.google.com/maps/place/AFAM+Power+Plant/@4.8744013,7.1887658,9z/data=!4m5!3m4!1s0x1068301cc24ae5ed:0xc3d58a1c0fca19a!8m2!3d4.8511394!4d7.2533105

Apologies for wasting your time, I didn’t see the RNS

Web links please

It's catching on, another director is buying now...

https://thehill.com/policy/energy-environment/535224-bidens-interior-dept-temporary-blocks-drilling-on-public-lands

This is obviously bullish news for oil as OPEC will see US shalers as less of a threat and will therefore be less inclined to keep the price down. Also sleepy Joe is a useless career politician and these types always give in to the US military industrial complex so expect middle east interventions and wars to kick off again which is also bullish for oil. But hey at least Joe won't hurt the feelings of some people like the last guy did...

US is throwing energy independence out the window and committing to deindustrialisation in an effort to halt the global warming that started during the last ice age. UK heading in the same deindustrialisation direction with Carrie Symonds... I mean Boris' green insanity that will quadruple+ electricity prices and rid us of what little manufacturing we have left. The same people telling you they can control the virus are also trying to convince you they can control the weather! God I'm sick of useless politicians. I'm becoming more of a libertarian as each day goes by, we need to reduce the amount of influence these clowns have over our lives. Rant over!

The below "large in scale deferral" trades popped up today, given regulations permit a 4 week delay in reporting I assume it's PMG, but could be another large buyer.

22-Jan-21 15:46:21 76.50 3,854,934 Buy* 75.00 77.00 3m O
22-Jan-21 15:47:25 76.50 4,000,000 Buy* 75.00 77.00 3m O
22-Jan-21 15:46:21 76.50 3,854,934 Buy* 75.00 77.00 3m O
22-Jan-21 15:47:25 76.50 4,000,000 Buy* 75.00 77.00 3m O
22-Jan-21 10:12:03 76.00 372,893 Buy* 0.00 77.00 283.40k O
22-Jan-21 10:12:03 76.00 372,893 Unknown* 75.00 77.00 283.40k O
22-Jan-21 15:46:33 76.50 159,505 Buy* 75.00 77.00 122.02k O
22-Jan-21 15:46:33 76.50 159,505 Buy* 75.00 77.00 122.02k O

Thanks a lot for the meaningful input guys. Much appreciated.

Nearly took the plunge in this stock in late April 20 as it was looking good on the chart, but it didn't smell right because of the SFO. From a technical analysis perspective it's going to take another month or two to bottom based on recent price history - just my opinion.

GLA

Thanks I understand their posts, but I 'm struggling to get clarity on when this uncertainty over the company will be lifted?

And how long until we have certainty they won't be convicted?

Can anyone please advise when the SFO will be indicating how much the company will be fined?

Also is there an avenue of appeal over the fine? If not can the fine be paid in steps over a period of time?

I've phoned the SFO but no one is able to assist.

Decent buy size from the new CEO to underline his confidence in the business.

All the weak holders have been shaken out over the past 10 or so months. It's looking like we've finally turned the corner here.

This trade at close today is very nice. Looks like a fund is buying

21-Jan-21 16:47:30 14.398 500,000 Buy* 14.25 14.40 £71.99k

Looks pretty tenuous to me

It is clear from company reporting that the Accugas Central Processing Facility has capacity up to 200 MMscfpd and therefore the maximum available throughput of the Accugas pipeline will be this amount - however is anyone aware of the Accugas pipeline capacity please?

Is anyone aware of plans to increase the capacity of the Accugas Central Processing Facility and if so how much the increase will be and what the cost will be?

I'm just trying to assess what low / no CAPEX upside there is once there are gas supply agreements in place with customers totalling 200 MMscfpd. Once there are GSAs in place for the full 200 MMscfpd what is the revenue upside with Accugas?

It is clear the huge deep sea port proposed nearby, the subsequent resulting development that will be attracted and the pro O&G national and state government will be (/ are) hugely beneficial to the company, but what will be the future expenditure required for SAVE to take advantage of this and when?

I assume it will be obvious from my questions today that this stock has just hit my radar.

Is anyone concerned about the impact this will have on the business? Some will be aware of what happened to Gulfsands in Syria.

https://www.theafricareport.com/59827/niger-democratic-progress-hindered-by-increasing-insurgency/
https://www.bbc.co.uk/news/world-africa-55497274

That depends on what type of property.

Office and retail focused developers and landlords are going to have a difficult period and when landlords are able to evict commercial tenants (the government is currently preventing this) this will in my opinion lead to a period when this market starts to bottom. Though it should be noted that UAI's commercial assets that have been sold have been sold have been sold at or greater than book value - during the presentation this morning they said there wouldn't be a fire sale as they're able to satisfactorily meet their debt payment obligations.

However, UAI's developments are residential dominated mixed-use developments where the non-residential land uses generally support the future residential occupiers i.e. corner shops, cafes and restaurants. Coming out of every previous recession since the 80s there has been an extended bull market in residential property and this time will be no different. What's more this time we have a government (which though useless in many respects) has a focus on "Build, Build, Build" and reform of the planning system. I work in the property development industry and dealt with Boris and his right hand man Sir Ed Lister when they were running the Greater London Authority. These guys get residential development and head the most pro residential development regime at no. 10 in decades.

DYOR / GLA

Investor presentation just now I thought was pretty solid. As is typically the case when a new CEO takes over after a stock price has had a bad period they get all the bad news and write downs out of the way ASAP so the only way is up. I also thought the new CEO was confident, new the business very well and had common sense. They consider their company significantly undervalued, which is pretty obvious when the NAV is 193 pence.

At the end of the presentation the CEO mentioned that he would consider a share buyback, because the price is so undervalued. I personally would prefer this to a dividend as long as the stock price is so far below the NAV. I find it ridiculous that so many companies buyback shares at the top of the market, but virtually none do at the bottom.

Much of this news was already priced in, the CEO departing is good news as he led a big drop in share price over the years. I can only see positives: reducing debt, focusing on income generation, further cost cutting etc. They have a number of oven ready high GDV schemes that have planning permissions that will be built out into what I believe will be a bull market in property during the 20s. Furthermore, directors are buying the shares.

U+I also have a great reputation for regeneration and are near the top of the list of any government authority or landowner that wants to develop a difficult site. The government needs to pay off debt whilst local government will face further cuts and this will result in the development of their land through either direct sale or JVs with companies like U+I. Firmly believe this stock's price will be much, much higher in coming years.

I've noticed the volume spike over the last week, buy volume has substantially increased with very small sell volume trying to push the price down. Daily chart pattern is one of accumulation at just over 60 for a while now. Bid ask spread on this stock is terrible...

There were a series of director buys at the start of this year. This company will be valued at much more in 2-5 years.

DYOR

It looks like your bog standard pump and dump going on in ARS. Something which penny dreadfuls periodically go through. Any stock that goes from 1 to 6 in less than a year is more likely to go down than up.

I'm very happy with MT's contribution on this board and that of most other posters . Apart from this thread and the "SP" post a week or so ago this is the best board (you should still DYOR) I've ever seen and long may it continue.