The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Agree ISF and the like are a reasonably safe bet despite volatility. Interesting to compare with RDSB which is a kind of FTSE proxy and which pays a slighly higher dividend. Over the past 5 yeats the latter would have been better if you reinvested the dividends.
Neither are as good as an International index e.g Legal & General.
One thing you can be sure of though: whatever you go for the tide will then change.
Joe,
I've tried too and lost the plot.
The way I see it is that they are dependent on getting production going and hence revenue by the summer otherwise I guess there's gonna be a fund raise or maybe sell off of additional licenses.
Prospects are good but things have yet to be proven.
I was of the opinion recently that we'll not see much above 140 again for some time due to the long term downtrend.
But we've seen a higher high since Jan.
Hoping therefore we might be on an uptrend. If the dividend payout is maintained a re-rating would seem logical.
Innit.
The percentages being pure guesses of course and to temper expectations.
Let's see where we are in the autumn.
Tee-hee.
Apart from the technicality of getting an extraction pipe up and running which i'm sure is just a matter of time, I suppose the real unknown is how much it'll take to get the oil flowing (for any length of time). A 100% positive result has got to be more than a quick spurt or dribble. If not a visit to the urology dept is in order.
well well wellwell has gone. Well...
Think this is similar to the moon landing i.e. propect of successful FOIL. Brilliant if it works ok. If there's a problem, well....
However, even if the operation isn't successful until well into the summer, I'd hope that we can still take comfort in the fact that the oil is still there. Unless it's a complete scam!
Keeps stepping down. Annoying 5% spread is offputting. Relatively low P/E now. Good dividend.
Occasionally mentioned by NT which might explain a few buys.
Brexit risk I should think.
Needs better results next time to turn it.
I don't quite understand the results and suspect there's some creative accounting going on. Revenue is rising but profits are NOT rising plus there is more debt. It is noticable that the highlights don't say profit is increasing and just talk of revenue.
The upgrade is either because others don't understand the figures either and have just looked at the gross profit, or 'the market' sees good growth prospects. I more subscribe to the latter and despite what I've said above feel the company is undervalued.
That's funny wellwell.
Anything can happen but as long is the oil is there and is recoverable sustainably we should all be ok.
Looking for some wood to touch. Can't see any so will have to make do with my head.