Member Info for gregpeck7

Been quite a few guys but they are hiding them on nex..

I added some more today. Crazy that this fell on excellent results. When you look at the state of some oil companies with much higher market caps this is the diamond in the rough. Lots of good messages coming out. Particularly like the fact they are lowering cost of sales on higher volumes and have halved admin costs. Oil and gas prices heading the right way now so the next set of results will be a world away from these.. which are impressive given the headwinds.

JKX have a habit of RNS releases at all sorts of times... Its pretty annoying but it will land today, who knows when though...

Just relax and buy more!

Natural gas going up and up most days, at some point people will realise this is a gas play, the gas cycle is turning and large money will come in.. The beauty here is that it moves on very little interest, so it wont take a lot of stoking up...

Market opened higher... pushing through 2300. Results Tuesday. Will prob top up tomorrow. This will be a superb recovery play.

Tends to be bursty.. Some days more activity some less, deffo more activity these last few weeks though. Its just getting it onto more radars and it will fly... Spread the word!

Natural gas moving higher and higher... 100% agree....

If it hold gains 4th day in a row.. Very impressive.. I think it could pop up again as well shortly...

Keep buying, these shares are still a crazy low price, the train has not even started moving yet!

Apologies for that, yes keep your eye on natural gas, very strong move north in progress and gas plays been largely ignored - JKX is looking very good value at the moment...

Much better prospects than here , and key element.. No debt..
Buy JKX - best buy at the moment in O+G sector.

Up yesterday against market trend, up again today.... WENT UP 10% yesterday - FINALLY GETTING NOTICED

Natural gas priuces flying - up 20% yesterday alone

** Debt free from February
** 11,000 boepd equivalent daily production
** Cash position US$20.6m
** Revenues of US$101.7m
** £27m Market Cap
** PE 2.6
** price to book value 0.20
** Cash rich (15m in bank)
** earnings yield 125%
** book value £146m
** book value per share 85p
** Return on Equity 12.3%.
** Own 10% of UNB - worth about £30m
** GAS PRICES now strongly rising

ALL FOR 30m MKT CAP!!!

Oil and natural gas flying again, this should turn today.. A few chunky buys and it will be off again...

Agree, it will get there...

As you say it’s capital growth. Pays your money takes your choice..

Remember, he liquidated airlines and piled into Nat Gas as he thinks its at the bottom of the cycle.. He does not get it wrong very often...

Nat gas finally getting going after ages in the doldrums, this will move with nat gas.. Crazy time to be selling these mate

Been accumulating for a long time.. This is finally coming onto radars.. There is not a lot of stock about, I have a pretty large holding, anything more than 50,000 a time can be hard to buy. There are a lot of sticky hands... Take a look at the JKX hashtag on twitter, lots of good posts.. Oil Mandarin is in here and has a lot of followers... But this is a very very high quality stock and should be trading a lot higher.. There are a lot of positives here that are not priced in.

Buy and hold...

GP

This sums it up nicely (taken from twitter)

#JKX - Looking perky +10%. Hit 66 last year.

Prodn 11000boepd
2P reserves 95.1mmboe
$12m arb award shown at 0
Profitable UNB investmt book value at 0
$25m rental fee provns to be credited back to P&L
Ukr gas prices up
£11m cash
Debt free
Only £5m decomm
MC £34m vs NA of £149m

Exactly , its in a better position on every metric than when it was 60p.....

Its a complete mystery why it didnt recover , got all the covid hit and no recovery...

This needs no ramping, it is the most rock solid buy in the O+G sector at these prices....

Fill your boots and hold...

Possibly today. This is so silly cheap!

Welcome aboard, you have made an excellent investment, 20p plus is a recent high but it is nowhere close to where this should be trading. Your buy will soon look a bargain IMO.