Member Info for JimmyW

It's completely off topic but i couldn't agree more. I don't understand the rationale of live long con voters who declare they can never vote for them again. Anyway, hoping for a better day for G today......we should be at least 10% - 20% higher based on current POO

Always seems the case of two steps forward and one step back with G. Looks like we remain enslaved to OP and won't get back to 220 plus until it gets back to $70

I would have thought that the current price could well intice a t/o from an industry peer. They must be looking at this thinking there is some good value to be had here, especially considering the growth in the US and Chinese markets.

SP is almost back to where it was before the announcement of discussions with Bain and Apollo. Don't quite get that as an offer may still come and would imagine that it has to be considerably higher than today's price. Even without bidding interest the SP is undervalued based on the most recent results

No sign of breakeven that we were told would be achieved by April. And still some way away from it. Test volumes up yes but this company has a long way to go.

I disagree that yesterday's fall suggests an insider leak. Look back at SP activity just before the interest was declared in early Sept - in the last week of August and first week of Sept it fell every day. Approx 10pc in two weeks on no news. So where was the insider trading back then?

Yes, i don't get the comments re shorts as disclosed short positions have fallen from 8% to 5% in last month

Do you think it is likely before the half year results on weds?

Does anyone have an idea when next results are due?

As I said, i am not looking for a comment. I couldn't agree more that it would be ridiculous to expect them to comment on share price movements that aren't especially out the ordinary. I just want some action to help give us a boost so that we are not holding on for a possible opec cut next month and then in to 2019 for the next trading update.

I don't want any pointless announcement for the sake of it. That never helps. I would like to see them put the cash pile to work. A share buy back would be my preferred option.

I don't think the management should just be sitting on their hands hoping for an OPEC production cut to drive the share price back to where it recently was. Down another 5% this morning - much worse than sector as a whole. What price will it be at by the time we get to December. It could be a long way back up from there.

Bunks, you are of course right. Just expressing my frustration that we are still at these levels (lower POO taken in to account) having seen a general market recovery after the October sell off and on the back of the recent trading update. I am just inpatient as baring any major collapse in demand for oil and wider market sell off we know that this will get back to 300 again sooner or later

Is something broken on my screen? All oil stocks on the rise but G is stuck.......must be a system glitch and potentially one that has been going on for some time

Deal or fund raise? I would certainly have to say fund raise as a deal is beyond the management team.

Jonjo, those you float a £100 m cap figure are the same that seem to defend the management team still. Today's RNS just sums them up - clueless. I have never seen an RNS to announce attendance of some conferences and gala dinners. It stinks of them desperately trying to justify their salaries. As January said posting their holiday plans as an RNS. No JV or partnership on 401 by now is desperately poor. They have no clout in the industry and i only wished that he major shareholders could see this so that we can rid ouselves of the old fools who are well and truly past their sell by date.

Think i'll send some ferrero roche to the CEO this week so that she doesn't arrive at her reception event empty handed

Nice of them to share the jet set lifestyles of the management team that we the shareholders are funding whilst they do diddly squat. And there i was thinking that they were just sitting on their backsides periodically checking their bank statements to see if another salary cheque had hit yet.

I see it only as a positive sign. Hopefully a bid will materialise before the next deadline.

I re-read the last RNS. Suggests that both suitors would need to announce they are not bidding if that is the case. Not sure why both would leave it until the 11th hour to drop out. Would make more sense to leave it to last minute if they are bidding. Unless the process is not yet near completion and they still require more time in which case i expect we will get another deadline rollover.