Member Info for johnjunior

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...

why the impairment charge of 4.7 million then which means it wiped out profits leading to a £100.000 profit for the year 2017/18

well at least the market is pleased they got rid of it.

Did they do such a good job in buying it in the first place which has incurred impairments .The market did not like the purchase at the time and the whole exercise lost money >Don't congratulate them .

I agree that currently he is not holder as he(she) had the good sense to dump at 6.9 but i find it hard to believe that one man (woman) can engineer a drop in a share price by negative posting. Its fallen because the target of 900/1600bopd(for Goudron) has fallen way short and not because of comments by Rossanan .If a movement in shares could be engineered by positive or negative posting then why is this share not flying as the the positives vastly outnumber the negatives on here>i recently trimmed my holdng in CERP to take account of the new reality which is that the enthusiasm he predicted for 2018 production last September was misplaced so I wish to see production match the hype before adding again . There was a similar situation back when NR was in control when he stood up at the AGM ( i think 2014...not sure) and announced "production will not reach 2000 bopd before Christmas" despite all the enthusiasts thinking it was a foregone conclusion as he was in the process of constructing the two 5000 barrel tanks at the time and they were discussing the possibility of paying the million dollar payment due if we reached that figure (remember that ?).The enthusiasts put a brave face on this announcement and were still positive .However i decided to reduce my holding by about 50% at a price of 2.72 old money to take account of the new circumstances ( as i have this time )..Most of the rampers (a long list of them) are no longer here and said it would never go below 2.00.( never ) .....well it went much lower than that and my holding was worth 300 pounds . The claim that a share price can be engineered by one or more posters works both ways as i f I had listened to the the rampers I would have lost even more . I hope it does not happen again because Leo seems more careful with G and A and more astute with his operational plan.but we need tangible proof of it before piling in, not just hype . I personally have never bought or sold a share based upon comments on this board or any board and certainly not by anything that Rossannan has ever said .

Putmeonthelist
send me your e mail address I will send you a screen shot of my recent sale of CERP and my current holdings with First Direct .sharedealing... You checked my posting history?...Really ? And you saw no mention of TEF ,DFS TW BBY and FG Have another look . { could check your posting history in five minutes )
I am not an acolyte of anyone
I am not a fantasist
I am not a moron
I don't normally respond to abuse but in your case I will make an exception.

rossannan <br /><br />Having read your assessment of CERP`s current situation i find myself agreeing with you on the grounds that everything you outline in the previous post is more or less factual .I reduced my holding soon after the Steeldrum announcement from 318000 to 150000.and have not yet regretted it.I don`t expect to increase them until we get a significant upturn in production without any dilution or using the so called insurance provided by LIND. <br />It must be difficult posting when so many people dislike you undermining their dreams.......I am realistic about CERP as SWP may (or may not) deliver the big oil but i`m not betting the farm on it just yet as now I only have about 2% of my portfolio on this share .

i agree he is a good leader as his record confirms .He has indeed adapted to the realisation that squeezing oil out of these old oilfields is harder than his initial enthusiam allowed for ( and we were all excited by his enthusiasm last September.)....Lets all hope there really is big oil in the SWP and it does not need to be squeezed out .

`all going to plan`.....plan was low case production(goudron) 900....... high case 1600 by end 2018 ......current average production 553 compared to 527 in march so lucky to make 650 by year end ...we have a new plan now ...buy in production and try and squeeze past 1000.........i feel Leo`s pain he`s frustrated also .......hence weaker share price ....Looking forward to big drill in SWP next year ....but fear more borrowing to pay for it

246,250 avg buy price 3.8