Member Info for legache

Not sure why this is so low given the incoming news and recent rebound in gas prices. Us plebs are always the last to know

IMVHO we will see 100 dollar brent this winter. Let's see.

https://oilprice.com/Energy/Natural-Gas/Natural-Gas-Prices-Could-Soar-Even-Higher-As-Europe-Braces-For-A-Cold-Winter.html

This fall is brutal. Can't be just due to gas prices

My well timed entry yesterday looking not so well timed.

There it is.

Gas off a bit today. Not panicked.

No one ever gets their entries perfect, but happy with mine.

Hopefully that's enough of dip... who knows, but it feels like a good entry.

almost there, i was skeptical given oil and gas prices! You might get 86 this week at this rate!

I think all we can do is keep accumulating. Fundamentally, this is one of the best ways to gain exposure to the O&G sector, keep buying a basket of well-run firms. That's what I've been doing for years. I also agree that this should be 3 figures by now.

And still not happy. Eh. No pleasing these people...

Not being funny, but what about the indigenous peoples. Seems like the business should involve themnin some way, maybe financially. Ie. Just buy them off with a tiny fraction of profit.

No so sure it will go there. IMO

not so significant for the moment then...

Hi all,

A break and hold above 92 ish would probably be a sign of more to come on the upside.

That's what my junior TA tells me.

ATB

le Gache

Lots of reasons why JSE has a significantly greater cap. Probably not one for this BB though! JSE is actually my largest holding.

Your responses are very much valued and appreciated.

I have recently crystallized a very large gain in SQZ which i have help in some shape of form for many years. I am looking for similar value accretive plays with reasonable risk and this seems to fit the bill.

More work for me to do here before committing, maybe i will see if it pops out over 3.7p [although TA was never my thing!]

Hi folks, No holding here at present. Can someone tell me what led to the fall from 70p. Is there a "history of" post or page i could read...

Surprising little pull back here. LNG prices are popping in Asia right now. This business is cheap, really cheap. Now my major holding.

Thanks Viable. I have a small but well-balanced [IMO] folio. JSE largest holding and the one where i have the most belief in mgt. Like you just sitting tight there. LNG prices have rocketed in Asia and its only a matter of time before revenues follow. I have transitioned from exploration to mid-caps with the view that they will benefit most from the O&G price medium term. I really think there is lots of M&A opportunities out there at the moment. A lot of these lower mid-cap businesses are targets for private equity themselves as well as being ready to scoop up the plankton.

These are exciting times.

Had a few pennies down the back of the sofa. I Will continue to add as and when I can.