Activity27 Nov 2020 22:22
There is a lot of activity on this board these days despite not much activity from VOG. Are you all bored working from home -:).
Joking aside I have not posted for some time on this board as am not currently invested but still have VOG on my Watchlist and drop in frequently to read the comments. VOG has been my one and only African investment to date and quite a learning experience. The company possess valuable assets and as such downside would appear limited. I agree with RF68 that big power will save this company eventually, but will it be in one year or ten. Not sure that LT investors will necessarily benefit but at the current SP, I suppose downside is limited. Supply will be increased to meet demand once payment for the electricity can be assured. Africa like Asia must be the future for growth, once the infrastructure is in place. Western nations seem to be going nowhere fast.
I am very fortunate at the moment as I am living in NZ where life is normal and Covid free. I plan to return to the UK once I am suitably vaccinated. Reading UK newspapers and comments, I am left wondering what is going on. I don't know whether we have reached peak oil, but we seem to be well passed peak IQ. How is it that individual freedom is more important than national wellbeing. With a world beset with problems of possible more frequent and deadly pandemics, oceans filling with plastic, more atomic weapons, population exploding and many people struggling to survive, western politicians are bent on spending vast amount of money attempting to regulate the Earth's weather. You could not make it up.
With an investment horizon of 5 years, I am not sure whether VOG will be my best bet for care home fees. But with FOO gone, DIK going and others I would prefer not to mention sent packing I do think that the company has a chance.
Best wishes to you all.