Member Info for jedclampit

So this is the result.

Victoria Oil & Gas PLC - London-based domestic energy supplier in Africa - Says its wholly-owned subsidiary Gaz du Cameroun SA scraps United Nations Commission on International Trade Law hearing and reaches settlement agreement with RSM Production Corp, includes "the agreement of certain accounting policies and procedures, the clarification of certain decision-making processes, ( and an agreement on the amount of monies payable to RSM in line with their existing contractual arrangements from existing cash resources in country".)
So they have agreed an amount, come on vog why not tell everyone ???

This makes it very clear that RSM have won this disagreement and vog need to pay up on existing set -up, it says an agreement on the amount of monies payable to RSM in line with their existing contractual arrangements from existing cash resources in country.
So why would RSM pay any of vog legal costs, each side must pay their own. It was vog that tried to get out of current agreements as they didn't / don't have the money to pay what they should, and I can also see a placing / rights to find the money or some of the current large shareholders puting in more money and taking another 5% of the shares.
I cant see any good positive news out of this and it's only the bod's that are trying to spin some.

The settlement involves the agreement of certain accounting policies and procedures, the clarification of certain decision-making processes, and an agreement on the amount of monies payable to RSM in line with their existing contractual arrangements from existing cash resources in country.

So just how much has vog got to pay RSM?

From RNS
We are satisfied with trading since the period end, with better-than-expected performance driven by improvements across all areas of the business. Online is trading in-line with our expectations and in store footfall and transaction volumes continue to recover, albeit transaction volumes remain 21.9% below pre-pandemic levels. Average basket value remains higher than pre-pandemic levels, with basket mix reflecting our broader product offering, offsetting lower footfall. LFL trading post period end for the 7 weeks to 19 September is -3.6% and -6.3% versus the equivalent period in FY21 and FY20 respectively.
So still have a way to go but it looks like they have control and it's going in the right direction, like many other businesses coming out of this pandemic.

And 2 years ago they were £1.75, so can just as easy go up !!!

i have tried that before and ended up losing some £60k , and it takes a while to get over that.!!!!

Oh NO , So is that what you call a total basket case ?

simes20, so you have only just got involved and clearly have no idea whats going on with this business and coming out with silly rematrks like that makes you look a complete Pr***.
If your not invested keep off.

Let's see if we get any director buys and Broker up-dates in the next few days, that should make all the difference good or bad.

Well what happened there, last week I thought it could go as low as 55p , but when it stabilised at around 56p I thought that was it and bought. My fault for not waiting longer but it's only 1p or so, let's hope it now moves back up.

OK so is that the drop today, I hope so as I just topped up with another 10,000 at 56.7p Now let's see what happens.

So is this drop down to the city after seeing the web cast or just people selling out?
Almost 55p

The future might be Card but at what price, 55p ish . Anyway it doesn't pay to put all your bread rolls in the same basket.

It would be nice to see some BOD's buys come in,now that would show confidence.

That's what concerned me, why would any bod's try to push things onto what the companies position might look like in 5 years time.
Has anyone seen any feedback yet from web cast ?

I think that was the trouble with Clintons and why in the end they went pop.
They were just too expensive and couldn't take enough cash to cover overheads, so let's hope Card F doesn't go down the same path.

There will be an interim results webcast for analysts and investors today, starting at 10.00am,
Interesting to see what the city think, and where the sp will go?

Many years ago I used to have / buy / sold Clinton cards and made good money at times, then they went down hill and bust before what was left got bought out by some American.
It does appear that the card business can be good bad and difficult at times for many, Card F has done well for the last ferw years but it does seem like all these card shops seem to go through a difficult period at times before they came back good or bad. It does look like Card F will come back good but will it be as good? I still think I will top up more very shortly and then make some very good profit i a year at say .90p +.

Roxbury, I am not on the fence I have been holding this stock for months but I was not prepared to buy more until after the results as we never really had a clue what was going to be in them.
I think I was right to hold back as they are NOT great as you kept saying they would be and kept going on about.
If they drop down to 55p ish then I will top up but I just don't see them as a great buy again at this price. But who knows what will happen.

Come on the results are NOT great they are iffy!!!, OK they are not going to raise more money now but that is still in the mix at some point later.
Also did you notice they are now talking about 2026 as being good but who wants to wait another 4-5 years, can see this sp going down a bit from here.