Member Info for Ghrtrader

We are all here buying companies to make money

Do i think UOG is undervalued, yes!

It doesn't get any simpler than that. If you think its overpriced or fair value or has no future take your money to the 100s of other oil and gas plays on aim

LOL!!! Nice one

BOEPD

Lets be clear BL has no way of controlling the SP. He is ruining a business and so far he has delivered on everything he has said, which for aim says alot
We as investors are looking for undervalued stocks with solid fundamentals. If you believe in the company you should be buying at these levels rather than moaning. The true value will come and the longer it stays at these levels the more chance it will over shoot

We have a transformationial deal in the way of Egypt, 0 - 3000 bopd in under a year with 3 more drills due in the short term

100% of the high risk but extremely high reward Jamaica, even a sniff of oil hear and this SP shoot into the stratosphere

Selva coming online within a year

We are a cash generating machine and the patient will be rewarded

Very surprised were still at this level, obviously some strong resistance at circa 3p. I imagine this will break that level soon and with quite a pop
Trading target of 4.2p
Will add more tomorrow for a longer investment targeting 10p+

UOG is my largest oil and gas holding but equally been buying large caps BP, RDSB.
Commodities are very cheap at the moment especially compared to the S&P.
Anything sub $30 is historically cheap and if prices moved down to these prices again I will increase positions again substantially. Anything $80+ and that’s when it’s getting towards selling. Oil hits $100 and most likely would be in risk free positions

i suspect there will be big changes in this industry over the coming months/years and a lot of the weaker companies with high debt levels wont be around. Only the stronger companies will survive and when out the other side will prosper. UOG is a gem in my portfolio
This is most definitely a mid tier in the making

Ive been buying between 1p and 4p and will continually be adding as this is vastly under.

and the current situation with CV19 are affecting all oil companies. This could quite possibly drop lower but who do you think will survive this?

I should imagine this will collapse thousands of oil companies around the world, think of the highly leveraged shale companies in the US

Only the biggest and strongest will survive and i believe Bp and Shell will do. They will get hit but will come out strong when this is over.

The world needs oil for the foreseeable future

Genuine question, as i am a large holder here in respect to my own portfolio.

UOG are hedged by BP for the 6600bopm. They are in a strong position for the next 30 months

One concern i had is about the operators, what are peoples understanding of , kuwait energy, are they able to hold up through these depressed oil prices?

Gold and silver will tank as investors are forced to liquidate positions due to margin calls.

Gold and silver are the only true stores of wealth I can think of when they unleash QE

I have also bought on the drop and will continue to pound cost average this and many uk, us stocks and emerging market stocks over the coming months

have completely f??ked everything up. 2008 was a warning and rather than a extinguishing the underlying problems by raising interest rates and having a deeper recession they decided to fuel the fire by propping up everything with low interest rates and money printing

'The coronavirus crisis' is a face saver, a boogeyman to blame very poor policies on

We will enter a recession and i predict over a 50% chance of a depression

Central banks will unleash QE on an unparalleled scale to try and dig us out.

Diversify well
Hold Gold, Silver etc

Has destroyed the highly debt laden US shale companies along with the bond market

We should see oil return to more sustainable prices ??

Prices most likely will drop further which will offer excellent opportunity’s
Long term strong buy and hold

Wouldn’t be surprised if this is just a 2 pronged attack on the US.
Putin has taken a shot while the worlds dealing with corona
Highly indebted Shale companies in America gonna go pop. Bond markets gonna go pop

Clever move by the Russians

Can see this dropping lower but see this as a strong buy for any strong willed investor
100 yo company survived many downturns and will survive this

A forward thinking investor would be looking at a undervalued, cash generating company in poor market conditions and buying.

This falling market divides us into 2 category's of people, the masses and the masters

One is fear-driven and scared while the other is rubbing their hands together for bargains

Gkb47, I believe because it is net revenue and not gross revenue

Can’t help but buy more at these levels. Topped up twice today at 2.75 and yesterday at 2.95
This is a fantastic opportunity to be buying. Even though it goes against every grain in your body it’s important to remember to buy when others are fearful and sell when others are greedy

Been very tempted to buy more at these low levels but UOG is overweight in my portfolio already. I think im going to regret this decision.
Going to become a cash generating business on fri, back dated from jan 19, with lots of low risk upside potential and italy coming into production end of year.
I dont think its unreasonable to think we could be producing 3000+ bopd by the year end

Couple of nice chunky buys on friday, £90k. I reckon RNS on monday or next week

Yeah some nice chunky buys through today!!! Solid company

I’m very comfortable in this investment. Eager to hear on the latest Egypt drill and accumulating more at this price.

The placing has happened, and it is what it is, not gonna change regardless.

The question is with 4 drills due this year, selva coming on board producing, updates on Jamaica and Benin and their other assets do you think this will still be at 3.5p

If you do, find one of the many other aim listed companies
If you think this will be higher, buy and hold

My short term target is 9p and holding a fair amount longer term