Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
Most of the LTH's have lost a fortune!
Personally I am down £40K, luckily most of it in a Drawdown pension. I was NOT going to throw good money after bad averaging down, so I have little or no chance of getting my capital back.
I appreciate everything the SHG is doing, but as we know from the PO scandal, we could be waiting decades for restitution.
That is your opinion Vc, & you may well be right. That is the nature of global stock markets, you win some & you lose some. The key is that all investors should have their eyes wide open before parting with their hard earned.
Having said that, COPL is an extreme example, where major decisions have been flawed, directors being paid mega bucks not doing their , & shareholders treated like dirt.
There is always hope, so I will bide my time. If fraud is uncovered then so be it, we investors are always last in line.
Just calling it how it is Banksyy!
From a business point of view, taking a new CEO role is pivotal going forward & I would have expected JC to reach out to his shareholders with his vision & a high degree of positivity.
What did we get - NADA!
Hi Eazy, that is NOT my experience & I find it extremely rude & disdainful. I am obviously not expecting any substantive, however an acknowledgement that I exist would be a start. There has been NO personal interaction from him, NOT even a brief interview. "Moving through the gears", would that be in neutral or in reverse?
Ad nauseam - is two words BTW! If you look at my posting history, you will see that the vast majority of my comments are positive. However, the reality is that the SP is at 2.8p & the company was close to a credit default. The JV & GGS updating should turn the company's fortunes around, however there are NO guarantees. I am truly hoping that the LOI holds firm, although it is NOT legally binding. The CEO has been conspicuous by his absence, & you have to ask yourself why he choose to remain silent, given the 90% downturn in the SP since the company came out of suspension.
Those are the facts, & it is up to the investor how they choose to interpret them.
Hi Tiburn!
I have sold the Armstrong/Oil Search several times on this BB - this deal took place in 2017, when I was heavily invested in 88E. Considering Oil Search were invested purely in LNG & only in Papua New Guinea, they took a considerable risk by investing in Alaska's oil fields. As you said, the deal was shrouded in secrecy & took around nine months to complete. They paid $400M for 500K barrels of oil. POO was $50 a barrel.
COPL's assets are