Member Info for JBT2007

No it wasn't he was long gone. It was the BPC board nothing to do with companies that they took over. I think you will find that it was Eytan and Simon Potter.

Whose idea was Uruguay only6greens?

I'm hoping that the Chevron, Charlestown and Stifel connections will help this time around. Time will tell.

Your naivety knows no bounds. They are not interested in a small commission, they will be interested in the profit between what they bought them for and what they can sell them for, this IMHO will be huge. Stifel have just issued an investor update with a target price of 50p based on OFF1 alone and a longer term price of £3! if they get a similar deal and discovery on OFF3. Stifel have credibility in the US, watch this space it's going to get interesting. Also try and buy some shares today, I bet you can't get a price!

JB clueless as usual, they are a direct investments, the whole point is that they will trade them, they want to make a profit!

Not even mid-day and nearly 1m of "unknowns". Looks like MS are actually accelerating their buying!

Here we go yet another poster whose only been on LSE for a week. The paid mob have arrived folks. I was very clear in my answer that Morgan Stanley have been accumulating for several weeks now, what is it about that that you don't understand? Both of you a pair of muppets and exactly as expected ponderosal doesn't provide a shred of knowledge about the company, big surprise. It's past your bedtime you need to be up for nursery in the morning.

I don't play BB games ponderosal, I've already answered your question. I note that you have only been a member on LSE for just over 2 weeks, I smell a rat, we have your number. Do you know the first thing about CEG? I doubt it. You'd be better off on the PREM board.

Perhaps you should read the post again ponderosal. I posed the question based on Morgan Stanleys continuous share building in CEG, what is your opinion on why they are building such a large stake? The question was "are we" not that we are.

Hello IK, looks like they have significant resources there. Maybe they are doing some of the buying from this office.

https://www.morganstanley.com/press-releases/morgan-stanley-inaugurates-office-in-mumbai

Interesting times and they show no sign of letting up on the buying. Are we a takeover target?

I see they are continuing to buy this afternoon. Their appetite seems to have no bounds and I'm surprised that the company haven't made a formal statement. It's about time we had one!

Demand is clearly there, almost unlimited by the look of it, so why is the share price being held back?

Low volume recently, are they struggling to find sellers? Must be frustrating for MS. Anybody attending the AGM on the IOM? If so would you ask about MS, I'd be interested in their response!!

A rare occurrence on a BB and very decent of you Druid.

Hello Bbiguana, you don't need to ask this BB for a valuation just look at the recent presentations on the CEG website where it is all spelled out in detail. In addition several independent third parties value our OFF1 assets alone around the 25-27p range and that has been confirmed again by Zeus last week. If and when OFF3 is farmed out and with progress on the seismics for OFF1 it would be reasonable to double the valuation. ASSUMING that matters progress smoothly and their is a commercial oil discovery on OFF1 the presentations are looking at a future value of £3.50 plus approx. To be fair we are a long way from that at the moment and a great number of ducks have to line up!! Good luck with your investment, although I'm sure that you appreciate it is of a very speculative nature.

In4 there's no point in asking Briggsy he hasn't got a clue about CEG, AIM or O&G exploration.

It is about time however, that Eytan made a comment about MS's continued acquisition of the companies shares, something is clearly afoot and the management need to decide how they are going to play it to preserve shareholder value. C'mon Eytan are you watching?

Beretta, this company isn't Lenigas. I suggest that you research the CEG website and get up to date with recent interviews by the CEO. All you need to know is that we have a farm in with Chevron (40% retention), Charlestown are on board and Morgan Stanley are buying as much of the business as they can get hold of. The potential here is huge and quite a few shareholders have made significant gains over the last year or so. Forget the past it is no longer relevant. Chevron are running our OFF1 acreage and if and when OFF3 is farmed out the appointed company will no doubt be running the show there. CEG are not responsible for the development of OFF1, Chevron are, so you need to ask yourself the question do you believe that Chevron know what they are doing? I do.

Assuming that the large "unknowns" are still MS and I expect that they are, their appetite hasn't been diminished and at this rate there will be another TR1 before we know it!

You're the one that needs their head checking JohnBriggs. Some of us have made substantial money out of this over the last year, just because you haven't there is no need to snipe from the side lines, you really are a sad individual, move on. For genuine shareholders who understand the potential and are up to date with Chevron, Charlestown and Morgan Stanley, who frankly know far more about the investment case than you or I for that matter. Have you considered growing up and owning your past mistakes? The investment case for CEG is solid and it is a very different animal from previous iterations of the business, you need to catch up or preferably disappear in to the ether.

So as anticipated we have the TR1. As there is clearly huge demand it begs the question why isn't the share price higher. C'mon MM's play the game you need to be fair to sellers not just the large institutional buyer!

Massive vote of confidence in the company though, somebody clearly believes in the investment case, should be an interesting year.