Member Info for isdeer

Hi, I’ve been in touch with IG, this was the reply.

The corporate actions team have provided feedback on your dividend query. Unfortunately we are still waiting to receive the dividend from our broker, as they mistakenly paid incorrect amounts over.

There is no ETA at this stage, however we are hopeful it will be sorted soon.

Apologies for any inconvenience this may have caused.

It seems it’s ok for IG to hold onto our cash, let’s just imagine we owed them Money and it was due last week, it’s an inconvenience for sure and an ongoing one at that.

Anyone else still waiting for their dividend from IG.
My first divi I received was on divi day and early morning.
My 2nd divi was on divi day but late afternoon.
My third divi due yesterday, I’m still waiting.
They are getting progressively worse, their broker is sitting on my cash.

UJO only has a 3m mcap more than EDR.
Basically if we take cash in the bank and assets, the mkt is saying EDR is worth more than UJO.
This is the same company that borrowed 1m from UJO to allow them to pay their costs for the wressle drill. So 40% against 30% of wressle, seems the market have valued WN at zero.

Tony,
Serenity Is the pie company maker.
looking at EOG with a 20m mcap, they will require cash to take this forward after initial stratospheric rise if all comes good.
I’m sure I3e can help them out, save them being diluted, it’s a win,win for both companies

For info My name isdeer is derived from Desire petroleum, who once tried to pass off water as oil to con its small investors while allowing the big boys dump their shares.
Sorry Bunkatron on misspelling

Bunkarton,

My largest holding is here by a long chalk.

Looking at figures from PTAL, and assuming current production rate of 20,000 bopd.
If we take Brent oil at $110, they have a free cash flow of $371m USD with a capex of $110m.
They are planning for 25,000 bopd, let’s imagine that with oil at $120 and no change to capex.

Hindhead,
Recent presentation indicates debt free Q3, and board hoping to start quarterly dividends Q4.
If oil prices start rising or not, it’s still pulling in plenty cash, PTAL could be a big winner.
I’ve just bought a few today, GL.

Ark87,

I’ve added some PTAL to my portfolio, recent high of 62p on 8th June same day as I3e hit 32p
It’s now c46.5p, 28% of its highs in a few weeks, looks to have dropped on oil price like many others, Should be news regarding well this week and probs looking at divis for shareholders.
It’s just a small buy, it will move I’m hoping significantly on oil prices and well success, either that or one will cancel the other and back to all square.

Nuttal explains it better than I can
http://www.bnnbloomberg.ca/video/we-ve-had-a-panic-induced-selloff-but-nothing-has-changed-in-energy-stocks-nuttall~2472295

Forget the presentation, lots of good oil stock fell off a cliff around the 8th June, many down 30%, all based off fear and a coming recession.
What most haven’t realised is this isn’t an issue for oil, those producing are making barrels of cash, the price is still circa 1.10 a little of the recent 1.25 highs, still a huge profit maker.
Looking forward to tomorrow when fear will turn to greed.
I’m not a holder, just trying to give some perspective.

False, Evidence, that Appears Real

Nuttal, reminded me of the song from Ian Brown
F.E.A.R. https://g.co/kgs/rvPbn5

Delivering a nice 7.27% yield if you buy shares at todays price.

G G G, that’s one big divi mate 4.75m x 0.1425 x 12, do you need a general dogsbody/helper.

TSSZ,
I wish I had the resources to buy more at 25p, can’t see it here for long as oil price is moving up.
Hopefully it holds until your money clears.

Whatever happens I3E is still a great share.
Let’s say someone spends 25k on shares, they receive circa 100,000 shares
Dividends on that are £1710 a year or 6.84%, it doesn’t change if the SP goes up or down.
We have a slight blip in oil prices even tho they are still high and expected short, medium and long term to go higher, whether we have a recession or not, oil and gas prices are set to rise.
I think I will stick my money in here rather than have zero interest in a bank, the price might fluctuate but the dividend stays constant, maybe even increases as the cash position of the company improves. Time will tell.
GL all holders

Just had a look at another company PTAL , Petrotal, it’s also making huge profits.
8th June 62.5p today 44p, some very strange goings on with successful oil companies in the last few weeks. Maybe I’m a bit outer limits here but I think the markets are being manipulated as it looks like they want prices down as big boys want back in before the latest spike in oil/gas prices kick off.

Topped up again, 32p to 24p is a massive drop, now own well over 60k shares, hopefully doing the right thing here, we will see in the coming months if this was the right move for us topper uppers.
Gl all holders

Canetoad,
Surely every post is misleading when no one knows what will happen to the SP in the future.
As well as that, we also have short, medium and long term investors with differing strategies.
You can have an opinion, like the rest of us and I’m quite happy to read that, but that’s all it is.
I have 3 Uk oil/gas shares 1 went up, 1 went down and one finished level, that’s a fact not an opinion.

pennistone flags and probable update on gas extraction for wressle.
Wressle isn’t one trick pony, only touched one leg, 2 others and gas still to extract.

I also have EOG shares average 1.42, which I won’t sell when I have a free ride on the Serenity drill and a hopeful 10 bagger. Both shares will do me proud if that comes in.