Member Info for Jarv55

Posted on Advfn are they averaging down?

2 Jul '18 - 12:53 - 89423 of 89428
0 0 0
Last August, same again?

SCDM Energy, the French natural gas firm owned by the billionaire Bouygues family, increased its stake in UK Oil & Gas Investments (Ukog) to more than five per cent last week.

Ukog, which is listed on London's Alternative Investment Market (Aim), saw its shares rocket after it discovered the so-called Gatwick Gusher in the Weald Basin two years ago. Located near Gatwick Airport, the site is said to hold billions of barrels of oil.

SCDM is controlled by the family that founded the Bouygues group, a large industrial corporation in France with a focus on construction, property and telecoms. It now owns a 5.03 per cent stake in Ukog.

Read more: UKOG shares slump following fundraising round

Ukog's shares closed at 7.88p, up 1.94 per cent, on Friday, having risen from a price of around 1p in June. That brings the company's market capitalisation to £277m and means SCDM's five per cent stake is worth around £14m.

Analysts are still cautious on Ukog as its findings still reflect the potential amount of oil that can be drilled rather than what can definitely be recovered.

SCDM revealed its investment in Ukog at the same time as the company announced it had received all the regulatory permissions required for flow testing at its Broadford Bridge-1 exploration well in Sussex.

Alrighty then just spat my cornflakes out lol

Yes I remember Pyc well

Finally breaking out

http://www.ukogplc.com/ul/Corporate%20Presentation%20May%2020172.pdf

Next resistance level is 3.01 https://invst.ly/7wc2l

lol only another 4 of those today

Why would he block you for that seems a bit daft

How much cash do they get now the oil price has doubled?

Billy is a pure fantasist

His post form Thursday

if you sell, you'll lose out big time, price should be 3p right now and they could re-rate this up to 3p at anytime. When first flow news come, we'll see 4p, I'm holding all the way.

http://www.lse.co.uk/member-info.asp?nick=billybill557&page=4

applegarth
I rate myself as a money making machine.

pmsl the entertainment just gets better

All these trying to get in lower lol we are just at the start of a wave 1 which could go as high as 4p before a retrace

Degsy correct we do not want a gap up steady rise please

video from hh if anyone is interested https://twitter.com/Anton13579

https://twitter.com/Anton13579/status/1012654143809433600 worth a look

Soley I would say that is Ya out now

David Lenigas
‏ @DavidLenigas
28m28 minutes ago
Replying to @DonatoPerretta @grotindustries and

Why on earth would I consider selling now just for a quick turn. This is show time now after all this time of waiting.

Price of oil has nearly doubled as well

29-Jun-18
15:53:15
2.0351
34,664,000
Sell*
2.15
2.20
705.46k
O

Yes Billy time will tell