Member Info for Lenin

What Puzzles me is the investor who does not have a problem placing their money in companies that could genuinely go bankrupt of ..which in the oil sector there are few in this category.. .rather than placing their hard earned money in a company with good finances.. with which whatever recent issues an investor may have had with U J O.. the company sitting on very large debts is NOT one off them.... Although not in the oil sector ..Thomas Cook investors are a classic case off shell shocked people who lost their money who came in this category ....Wether it is done because of naivity or simply because investors simply like the name of that particular company it is a lesson to all to think carefully when investing money in these uncertain economic times ...

Yes your correct ... because if it was just about placing ..UJO would be falling faster than the companies where this is not an issue ... Instead the drop today for U J O is only average when compared to the other oil companies big and small ...

Just in case the derampers have failed to notice .( Which is usually quite often )...most oil companies are down today ..big / midcap / small....Tullow -4.15% .... Premier 5.07%...B P - 1.07%...Reabold - - - 3.47 % ...President Energy - 4.97 % ...and more etc...if it's all about placing why are all these down companies as well ....Have they not stopped to consider it could just be a bad day for the oil sector plus other sectors !!!

Many thanks ..there are some posting on here who seem unable to grasp that a share costing less than a penny will lead to many more being in issue than say maybe shares in Royal Dutch Shell etc...

Many thanks some people seem to understand a share costing less than a penny will lead to many more being issued than say an Apple share etc...

Some derampers on here try to make a ...Song and Dance... about the number of shares in issue ...But of course because these are not even penny shares if one individual Investor holds millions you are going to get a very high number as opposed to say if an investor held B P share which cost circa £2.45 each ....Things about U J O having good financials and promising upcoming projects going forward .are simply avoided as they get in the way of running down the business ..

A bigger £25 and a 1/2 thousand is showing up after 5 ...it is marked unknown but it must have been a buy judging by the late share price gain ...

It's only my opinion but it can be a bad mistake to judge a company based on numbers of shares issued or in circulation ....I mean a share dilution etc ..can lead to an immediate drop but if the money is properly invested within the company and not simply to shore up debts this can lead to a higher share price ...I would have thought issues such as a high profitability margin ...very low debts .. potential for increasing future revenue / growth are top priorities . But each to their own ...

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I had a strange feeling this share was going to go higher late in the day and that is because recently it had been doing the opposite and finishing lower later in the day so if it was going to break the trend I decided this must be the best day to do it on ...Only wish I had the ability to predict where it will be going over the next few weeks to months !!!!..There's always a big range of opinions on this board ranging from as low .03 p to as high as 3 p....I much prefer 3p !!!!

I will make this my.last post on Reabold but I have just tried to recheck witn others on U J O and they are saying it is definitely the crane ...But I will avoid expressing any opinion here so others here can decide which it is ...

On Reabold someone is definitely saying it is the Rig but it looks like a crane to me ...can anyone day for certainty what the pictures are ....???

Apologies if I am wrong ...I was just making sure I did not spread any.misinformation

It might be the crane rather than the rig

There are photos on on twitter ..I have seen them on the U J O message board

It's sounds like you may be on par with Warren Buffet !!!.Just been reading in these uncertain times he will not hold shares in any company with a high debt load or poor future prospects ...

P S It appears only five companies in the footsie 100 avoided the drop on Monday three off which were supermarkets and one being Just Eat ... Anything to do with food is the new Gold in.these uncertain times !!!! ....,.P S For the overly serous UJO investor this is just a light hearted comment !!!!!

Just to note the papers are saying Monday there was over a £52 billions sell of in shares on the footsie 100 which which would have effected small cap Companies as well ..over fears of a second lock down .. though the government are saying they will not repeat the same type off lockdown as earlier in the year .... Across Europe and the states there was also a simarler drop in shares ...U J O will not be immune from the general sentiment at the moment .... However with near term projects coming to fruition in a few months this downwards trend period we have been in may have been completely forgotten by then.....

I think a vaccine would be muchmore effective than beer ..but the problem is I think I have heard it maybe Spring time before one is available ...

It's a bad day for the oil sector across the board ...there are many big and small who do far are having a much worse day ....mind you hardly surprising with all the doom and gloom on the news regarding the Corona Virus in yet the oil draw down in the U S A continues ....

Think I remember reading somewhere for Egdon Wressle is worth 1 pence on the share price but I do not know for U J O ...