Member Info for jollyspeculator

is market position that compelling?

better than vog anyroad lol ..aaoo/dyor/have a great weekend

either

rel to tnw ...aaoo/dyor

thrusters engaged lol

..cheap on nav, but not on EV/EBIT imv.. ...and prospects are not that rosy: "Current trading and future prospects Trading conditions remain challenging in the UK and in many of the international markets that we serve. UK consumers remain cautious about spending reflecting tight disposable incomes and although there may be some reporting of tentative signs of increasing confidence, this has yet to work through into carpets sales. Demand from the private construction sector remains weak, with little speculative development outside of London, and public sector construction activity remains well below pre-financial crisis levels. As yet we see no reliable signs of any significant upturn in market conditions, and we continue to focus on self-help initiatives." ...aaoo/dyor

there's a forward schedule for de-risking ....Mr/s 50k buyer will/may perhaps be obliged lol

Production for the first six months of the year averaged 199,984 m3/d of gas and 44 m3/d of condensate (1,525 boepd in aggregate) compared to average production of 214,470 m3/d of gas and 47 m3/d of condensate (1,636 boepd in aggregate) in the first half of 2012. Production from 1 July 2013 to 22 September 2013 averaged 181,357 m3/d of gas and 41 m3/d of condensate (1,388 boepd in aggregate). ... The MEX-105 well did not produce hydrocarbons on test and has undergone a well stimulation programme, which included hydraulic jet perforation, but this programme was unsuccessful, and accordingly the well is being assessed as a candidate for hydraulic fracturing.... n light of the results from these wells, new geophysical studies are being undertaken, which together with the results of future wells and the well stimulation programme, may cause the Group to consider revising the current field development plan, which in turn may result in a reduction in the carrying value of the Group's oil and gas development and producing assets in Ukraine.

if it can deliver on the profitable growth hinted at earlier in the year, the MCAP of £2m is so small (and revenues so much larger) that you must stand a v strong chance of being right...yet again...surely!

..make the MM's tomorrow

..a little bounce... ...but still on the face of it cheap as chips ... with £15m of net cash (pls check) ...and broker note forecasting next year p/e of substantially less than 10 (I think...haven't actually seen the note...just the summary eps lol)

was Jolly unexpected

wasn't mine...but suspect from timing that it was a buy (and there have been some 25k, 50k buys recently I think) ...dyor...but adjusted historic EBIT of £1.7m giving historic EV/EBIT c 6 isn't high imv (and that key multiple has barely increased because EV is dominated by the debt in the capital structure not the ords aaoo

but they may not have given that to you for 25k shares

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I guess lol

and the EV barely increased because so leveraged

kinda guy lol ...nothing is most ...take nothing for granted ...be grateful for gifts and grace ...end of Jolly wisdom (no relation to norman)

good luck