Member Info for Kamakiriad

Fortunes change, I had previously bought and sold much higher and made a good profit, but that was then and this is now.
We have to ascertain growth based on today’s price which is extremely low.

Every chance I’d say. This isn’t a standalone company, it’s part of a group who are very willing to support it financially. It’s not about to drop off the face of the Earth like some people say.

I am in total agreement, excellent reduction of debt by a huge amount in one year and this had all been with a partial shutdown and ridiculously low prices of oil at the time. The revenue has still increased over the period despite that, imagine what the next six months will bring financially with the price of oil hovering around $80 per barrel at present. We don’t know how much revenue will have been received for the uplift of oil last week, in my opinion that might be a revelation.

In total, nothing to dislike here and securing an excellent future

With the financial support of the rest of the group, this company isn’t going down any time soon. I don’t see any reason why it won’t see 5p in the very near future.

They do have some financial support from the rest of the group you know.

I bought into this share a couple of years ago and did fairly well, but as the price is so low I thought I would take another punt. Bought 700,000 for around 10k.

Some nice buys going through now

I think the share price is extraordinarily low, If we just equal the £22m from the last uplift that would be an excellent result and should see a steady rise. If the figure is much higher the price should lift accordingly.

Crystal Amber increases it’s stock holding. Good sign of continued confidence.

Forgive me if I’m wrong but did I read somewhere that the sale of oil is based on the previous five days average price?
If that’s the case then we should be in the region of $80 per barrel, does anyone recall what it was sold for last time around?

Good news all round today, hopefully back into the 70s this week, if not today with luck!

I have personally been involved with the share since I bought in at £1.33 February 2020. I have seen it rise to £12 twice, stupidly I listened to the likes of… Well let’s not name them but there are at least two, who ramped and ramped and I stupidly listened and didn’t sell. I would recommend that with this seemingly unpredictable share, we wait and see and not speculate as to how high or how low you may think it will go. Let people do their own research and make up their own minds as indeed I shall be doing in the future. I still have my full shareholding of 40,000 and luckily still in profit but I do not hope for £12 or above and will get out far sooner than that, but that’s my personal choice.

I’m thinking I may invest a little, do you think the recent news and the way it has affected the share price is an overreaction?

GT being interviewed on Sky at 6.40 this morning, general piece on the expansion of green energy in the UK needed. Showing hydrogen powered cars and how hydrogen will be used on those ‘Calm’ days when there’s little wind power.

It’s certain that the revenue from the next uplift of oil is going to make a huge dent in any remaining debt the company has.

Let’s face it guys, nothing in the upward direction is going to happen until everything is sorted out with DHSC and we have been paid the outstanding £41m

If you are trading using one of the major banks online, you should have notifications of Corporate Actions which enables you to vote

Let’s hope the P,o,o maintains and increases in readiness for HUR oil sale later this month

There has been chat on this forum about a takeover since I first bought my shares in February 2020. There has never been any indication of it and I doubt the BOD would be interested unless the price were over £10 per share which at the moment is highly unlikely to say the least.

Excellent buying price at the moment, ridiculously low but I understand the sentiment that until the situation with the DHSC is resolved we will be in the doldrums.