Member Info for Jim800

Andii, I’ve read your posts for years and understand you are trying to convey your point of view utilising whatever information and comparisons you can utilise to support your case and I appreciate that.

A couple of your points:

Some negative posts I’ll agree but also some realistic ones - mine was just highlighting Simms’ repeated misrepresentation of the facts and his inability to actually read an RNS.

VLS forum is about equal on negative sentiment - their board get paid even more, performed equally badly at last investor meet and have overseen a similar slide in SP.

Surely even you will concede the finances are somewhat opaque - I can’t work out whether any of the Riverport £5mn plus loan and fees have been repaid, not sure how much we have left in the kitty for running costs and have no idea when or if Italy refinance will complete.

I think most of the frustration is from holders who see potential opportunity being mismanaged and what could and should be a success threatened by lack of clarity, lack of honesty and lack of focus from the BoD (whilst being well rewarded for dubious performance).

I very much doubt comment here impacts SP and I accept that the criticism from a few posters is a bit exaggerated and emotional but do you honestly not think the BoD could have performed better?

Sell what? Orange juice and pork loins?

Are you Mystic Meg?

On a positive note, once we bust through the 95p resistance level theory suggests it should flip to a support level. Hopefully bust it on run up to xd then it can hold.

I’m in the LTH do nothing group as well - divi too big to miss on the off chance of a decent fall in SP.

It has - they're on bashing British Gas / Centrica now.

So Shell's reporting strategy has achieved the aim of keeping them out of the headlines (only net profits reported in general press) but at the expense of any decent returns to shareholders.

Happy - guess we'll have to disagree on the effectiveness of buybacks.

They will rearrange a few financial ratios and will reduce amounts paid out in dividends but personally I don't think they underpin SP much. If SP was down at £10/£12 levels then fair enough but SP is currently bobbing about in 2200-2450 range - last BB doesn't seem to have done much to lift that (may have supported it I suppose).

So, if you're discounting capital appreciation in SP as a reason for holding (as I am) then you're only left wit the dividend. - which at sub 4% is less than my savings account.

There are opportunities - but can EQT take them in time?

Evidence to date is not compelling.

Think you'll find reality not quite the same as negativity - but then you consistently ignore reality.

Happy, you’re right CFFO is consistently good over last few years. Unfortunately, what Shel do with that enormous pile of cash seems to be more driven by avoiding negative PR and political comment than rewarding shareholders. If they’re too scared to give lots of it back to shareholders in dividends then I just don’t see a reason for share price increases.

15% of not much doesn’t get us back to previous divi levels anytime soon.

Lots more reward out there if you can’t rely on SP growth.

2nd quarter results report completion of $3.6Bn of buybacks - yet SP still off recent highs! They’re now about to chuck another $4Bn down the same hole.

Only good news I can see is debt reduced by $4Bn.

Still out and watching here but can’t see any good reason to buy in now (especially if Char is).

Simms - please learn to read the RNS before you type your normal rubbish.

It’s not 15Mn for services, it’s for services, equipment, commissioning and licensing!

Otherwise your normal repeat of blah blah blah rose tinted glasses blah blah blah jam tomorrow blah blah blah everything’s great blah blah blah.

Andii, blimey I thought buying and selling AIM was high risk enough, spread betting on an AIM stock sounds like Russian Roulette. Admire your bravery.

Just looked up share prophets on EQT. In 2018 or so they were saying EQT's funding was questionable, they couldn't see when any income streams would actually begin and that EQT communications were atrocious.

Much like C909 indeed, but then again much like the view of significant numbers of shareholders here and indeed, very much like historical fact over last 5 years.

Andii - how have you lost money? Given your certainty on the rosy future and eternal trust in funded broker notes , I can't believe you'd sell up, so surely only a temporary paper loss for you - or a buying opportunity!

A couple of posts with potentially optimistic outcomes.

Politicians do like to make announcements on foreign visits. If Turkey were going to reopen the pipeline then the Turkish PM announcing it in Iraq is good for PR / votes.

Whose oil is KRG passing to Baghdad in Morbox’s article? Is it from ventures where Genel have a stake, if so then limited production still ongoing so monies owing to us might be racking up.

Thanks Spot.

So the much touted Tier 1 partner has chosen to invest in NPT rather than VLS. Time to change those PowerPoint background slides VLS.

I said at AGM that neither of the much touted Teir 1 partners (BA or Bechtel) actually contributed any funding (BA with a meaningless off take option and Bechtel merely acting as a subcontractor). Looks like I was correct!

MCSquares,

Share price rises following dividend cut!!!!!

Are you watching the same markets?

Shell price didn't exactly soar when they cut dividend did it? £24 to about £10 from memory.

If you don't like the way they run the company don't invest - there are loads of other companies with smaller debts and smaller dividends.

Most Shareholders like the business model.

Nothing official from Genel since 11 May Trading and Ops update.

No sales, no income and I guess no production since pipeline closed. No news on cashburn or attempts to purchase their way to diversification.

Is no news better for the share price than the truth?

Not sure why it’s great news. This is not an id x type deal it’s having some Irish one man band act as an EQT salesman in Ireland. No record of success evident online and his strategy is “shaping” - we need finance, not some environmental shaping.

Nothing to see here other than time not spent on refinancing Italy.

Focus EQT focus!

Can't read it all as it's behind a firewall but if the headline is correct why no RNS?

If IAG are going to fund a VLS Teeside production facility that's game changing news.

Girlfriend's car insurance.

Admiral renewal quote £645

Aviva Zero for exactly same cover £291

So they're offering good deals for new customers. Buying / managing policy online all very simple - no need to talk to anyone and very quick.

3 sell trades just now totalling over £820K and still share price holds up - think this is more than currency fluctuations.

Capitals for a longer post are quite expensive so be appreciative of VLS saving a few pennies.