Member Info for grsshaw

Managed to pick a few more up on Monday - looking forward to an update maybe this week or next!

It appears there is very little market love for PPC!!

It's all a bit strange how investors/traders will buy into a high risk wild cat drilling campaign but don't see the potential value (less risk) in PPC - more than happy to wait to see how this performs over the next few quarters leading up to the end of the year!

Thank you very much for taking the time to write your post CrustyPete - it is much appreciated!

I am in AEX for the med to longer term as I can see the potential value being realised at some point over the next 36 months and beyond (if all goes to plan that is!) Your POV provides me with additional confidence and like you I'm not really interested in short term movements in the Share Price but I still like to keep watch on the share price daily.

I have enough shares already (and have a nice holding in AEX, certainly for a private shareholder) so I will only top up with any profit made with other shares.

Thanks again.

Yes, thank you very much Crusty :-)

Do you feel anymore positive or have more confidence in AEX delivery to targets set, post the AGM please?

Value your opinion

Thank you

http://admin.aminex-plc.com/uploadfiles/2022%20AGM%20Presentation.pdf

Workover rig performing completion at PG-13 well in Salta, Argentina ????

https://twitter.com/PresidentPlc/status/1527243796051808257?s=20&t=iHcUEiMdookjOmu16ozlHA

Picked a few more up yesterday - will keep looking at under 1.7

Good Luck

Morning comeonvog

I hope so on the timing front as it always nice to buy at low prices but I'm looking for a minimum of 4p before I start to reveiw my position as will always top slice a few when 1 or 2 bagged my investment. Purchased a few more this am @ 1.67 but waiting to see what the general markets performance is over the next few days before any more buying.

Good luck!

More than happy with the update and glad it didn't shoot up too high as I'm still working on building my med term holding number
It is very clear this is so undervalued but while it remains at this price it certainly helps me personally in buying under my target at 1.7.
I have already managed to purchase just under half of my target and I will try and secure this before the end of this month but only if the price is under 1.7

Good luck!

Be rude not to take advantage of the price dip today!

Crazy times on the markets - traders and investors panicking!

Good luck!

Have taken another 500k today :-)

Second purchase this morning for 500,000 shares - as I have said previously anything under 1.7p is very good value.

Good luck!

Deepthinker - he has sort of made a few changes at the top!

Daniel, who joins us from Vista Oil and Gas, the Mexico/Argentina public oil and gas company, is a reservoir engineer by training and, prior to Vista, worked for 10 years as Vice President for Schlumberger in their Production Management arm, and before that for 18 years at the large Argentine oil and gas company Perez Companc, rising from junior reservoir engineer to asset manager. Daniel has been tasked with reviewing all operations within President's Argentinian business with a view to improving the returns from these operations and ensuring targets that are set are met with the appropriate accountability for results.

Now PL has UK stock market presence with ATOME and a near 30% personal holding - maybe this is the best time to take PPC into private hands working in partnership with Trafigura.. The markets clearly have no love for PPC with whatever is announced, in fact it seems mainly go in the opposite direction with any updates (although sometimes it feels like a guessing game to find out what is actually happening with commercials within some of the business areas)

With the recent farm out agreed and drilling costs taken into account with no need to raise new funds (hopefully).
PL already has a substantial % holding in PPC with supposedly strong cash flow/income . If there was ever a time to buy PPC off the market surely now would be the best time to maximise the best value for him to take this off the market

Any thoughts please...?

Good Luck

At this moment in time - ATOM MC is worth more than PPC!!!

Bought a few more today as still under 1.7 ( and will continue to add as this trades if the SP remains at or under this price!) market not too impressed by the update yesterday but also not a disaster either. I am focusing on the fundamentals and there is clearly lots of activity over the next months and this is clearly very undervalued!

I have history here myself so I understand the frustrations, but I sell when not happy with the company/management and take a new position when I feel things are going to improve. I feel PL just cant believe the SP for PPC and has probably given up trying to boost the SP. The market is not fan of PL it seems... will need to see the actual delivery numbers which will hopefully be communicated in 4 to 6 weeks. Happy to wait this short time to evaluate my postion

Good Luck!

JimSlade - thank you for sharing your comms. Happy to wait a few more weeks for a fuller update if that is the new comms structure for PPC!

I am intrigued with what next steps PL is personally taking in the business, is he slowing down (doesn't seem the type!!) or looking at other potential new opportunities. When you read his statement from 1 March RNS I have a feeling a new venture in additional to what has already been communicated maybe brewing...

Could be wrong on the new venture, but happy to take a nice position in PPC (as there seems to be already plenty going on) to see if I'm right!

"President has many things to look forward to in 2022 from a very robust trading, shareholder and strategic relationship base. The production news today announced are welcome additions to Group cash flow

"The future for President must be driven by a dynamic, motivated and incentivised operations and management team able to capitalise on these attributes to expand the Group materially, particular in different geographies. Daniel's appointment is a part of this strategy and we welcome him to the Group

"I look forward to informing you of further developments over the coming months."

I have purchased a few more today and have a little left to keep my powder dry in case the regular seller makes an appearance!! - Shout out to seller - 1.7 is my maximum price that I will pay for shares, any cheaper than this will be great :-)

Good Luck

Just bought another just over 500k, like I said looking at these at anything 1.70 or under. I have been watching PPC for a while now and it appears there is always a seller, selling into any SP increase which sometimes feels like its someone keeping this from rising too quickly too soon!

Meeting all this morning, but will have another look later this pm to see how the SP behaving

Good luck!

Who’s your broker Steven49?

I didn’t pay over 1.7 for any purchase today

Most of the trades are buys, they're my purchases and totals are just under £25k. I have finished for the day on expectation of an update this week. I may buy a few more if I can purchase at 1.7 or under

Sold out a little while ago due to no news updates, but feel its worth having a go at these levels to see what the next update reveals!

Good luck!

Ha ha, its a £3,975 purchase in SCIR!!

I have far more in WEN and a considerably more in AEX when looking at Tanzania. It was just my opinion on what I think may or should happen that I was sharing!

Good luck HighYeild

I did respond your post earlier Mick2020, but don't have the time to repost now - it may turn up or it will lost forever - we will never know! Good Luck