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Why not announce it yesterday before people like me topped up to
get the dividend
Is there life in this corpse ? 23 trades today and all of them appear to be purchases .Is the market reacting to prospects of an improving pound or greater footfall in the shops recently (noticed a few more customers at my local store in Swansea ) and some were actually paying for things instead of window shopping. Still not tempted to top up ....
the takeover offer for GNK perhaps?
glad i didnt get sucked in this time .by adding .until we saw the figures.......learnt from past experience...
3.3 to sell with first direct......says it all
Why was the share price at 5p when we were producing 650 and now we produce around 1000.was it at 2 or 3??? ..
At the last official count we were producing 673 bopd on average and that is only because we included the production of another company after the placement. which increased the number of shares.in circulation Because we produced a 1000 barrels on one day to satisfy Leo`s prediction does not mean much.
.MMs just like most of the investing fraternity trade on future expectations particularly if a CEO has hyped up those expectations .When Leo hyped this up in September 2017 the market got ahead itself and quickly raced towards nearly 8p without a proportional increase in production to justify it. When the the numbers didnt match the expectations it inevitably retraced itself .during the last year. Leo talked of a high case scenario of 1600 for Goudron alone ( not including any new fields ) and because they only reached a daily average 673 (including the production from Steeldum) this fell well short of those expectations and the price was justifiably lowered by the market.
.In absolute terms the company has undoubtedly improved its prospects and revenue and is making progress but in relative terms it has fallen short of what was expected .After the recent tweet by the CFO this has raised expectations again (and the share price) and I hope this time there is something of substance to justify it..
I am totally objective towards the future of this company and react to the facts and figures as contained in any RNS but not the hype .I await the update with an open mind and will act accordingly. I hope just as we all do that SWP is a huge success but accept that it may fall short. This share is a high risk investment.
not trying to persuade anyone of another poster s view .Just pointing out the disappointing performance so far ( thats an undeniable fact as borne out by the decline from 7 p to nearly 2p)...Ive got a completely open mind about coming events...It may great news next week and i will act accordingly(increase) or it may be below expectations( decrease)...i dont really care what rossannan does or says although if a lot of people had dumped at a price he claims to have sold at( 6.6) they would be in a better position to top up next week with the proceeds of such a sale (if the update warrants it of course.)
reduced to 200,000 from 328000 sometime ago ( no reason to regret it )...awaiting positive update next week..before adding again (maybe)...updates from the past have everytime fallen short of the expectations of the superampers and dreamers( hence the relentless downtrend)..Maybe this time it will be different (?). Not interested in the bopd so much this time ...more interested in quarterly revenue and available cash ....so hoping for a quarterly figure of above $4 million plus in revenue( at least) and no decrease on the last cash figure of $2.6 million .Last .but not least a definite commitment to commencement of drilling on the SWP by identifying a possible location and possible start date .Fingers crossed for next week Good luck to all LTHs .
The offer of 2.74p is derisory in the extreme. A company with no debt,. an internationally recognised brand and a turnover of well over 10 times its market value is worth much more .Its true that the turnover has not delivered a profit margin recently because of the low value of the pound and retailers have suffered everywhere but a stronger pound above 1.50/1.60 will change that and a movement into hospitality can diversify the business , I hope the CEO tells Mr Flack what he can do with his money and allows the current shareholders a fighting chance of recovering past losses by maintaining control >An acceptance of this ridiculous offer is of no benefit to anyone other than Mr Flack ..Do we get a vote on the offer ?
sorry I meant a million euros not shares ….slip of the pen......ooops…..still a lot of money
Yesterdays RNS
Yesterdays RNS
Oh ..and PSN recently dropped to 17 + now 24 on an overreaction .....fill yer boots
I do not know why or how the so called Big Boys would be in receipt of information that is not available to the directors ,one of whom just added a million shares to his holding.This is going down now beacause an over reaction to the recent slight downgrading of future profits because of a weak pound and a good summer in the UK .What are the odds on an average summer this year instead ( quite high based upon on our weather history) .
This kind of over reaction has happened to a lot of sector leaders which I have bought on the way down ….RIO dropped to £16 (£43 now) HSBA dropped to 4.20 (bounced back to 8....Shell dropped to 12 and GSK etc…..this trend is an opportunity and I have been adding 150 shares for every 60/70p fall until it finds the bottom and then be very patient just like i was with RIO etc …..
I too am hoping for .13.5p per annum as they are required as a REIT to pay 94% of profits in dividends .Will the consolidation affect profits .Shouldn't think so...Hope not
You`re buying at sub 5??? Good Luck with that
Time to get out ….? Why not say that Wednesday??
….. im getting in now ...more if it gets to 8 something ….." Be greedy when others are fearful"
Totally agree ...gone backwards ….expect a fall today
No ,very little to do with oil price falling as share price has been in a continuous down trend since September 2016 ( after Leo`s big hype fest presentaion) and oil has mostly been in an uptrend during this period.
Downtrend solely due to overpromising and under-delivering.
Retailers are being encouraged to be more innovative to justify their shops .Sean Anglim says the new concept of LA themed establishments act as showcases for their products and the patrons who can afford their hotels prices are the very people who can afford their products .Having spent time at a hotel they may take a liking to the curtains or a sofa and wish to own it. So this concept can help with turnover in the hotels, tea rooms and the shops >It shows they are thinking about for ways of improving footfall .and revenue and have not given up on this company .I feel more confident about this new approach and the fact they have rid themselves of the Singapore property. If they don`t make any more forays into overpriced foreign property markets and avoid impairments we should should see an improvement in the bottom line next year. £100,000 profit won`t be hard to beat and perhaps the share price will creep up a little in 2019..LA seems to be a niche brand so I don`t think it will go the way of some other retailers...