Member Info for Monty888

Khan has dumped most of his shares, misled investors, after all the acquisitions revenue has dropped like a stone. I warned on this a while back and was trolled to death by AIM gamblers who know zilch about investing. Nice to be proved right anyway.

That’s right Monet, the same period it went into AIM from Main per my point

UK Oil & Gas PLC (London AIM: UKOG) is delighted to announce that its wholly-owned subsidiary UK Energy Storage ("UKEn") has executed a Memorandum of Understanding ("MOU") with National Gas Transmission PLC ("National Gas"), the nation's principal gas pipeline operator, transporting gas to power stations, industries and 24 million homes. National Gas is developing the national 100% hydrogen pipeline system, Project Union, aimed at connecting future centres of hydrogen production, storage and consumption.

i think so, my buddy richard aka ****ney rebel who i share thoughts with time to time thought wjg was under appreciated and undervalued. his take was the revenue and deals are really lumpy and not consistent and so you get a really good half and a so so one. the thing i like with pease is he turned the cladding provision rectifications into a little division on its own, that now does other companies cladding and this offsets and helps. this was the only thing that sent wjg downwards and it’s not recovered fully since. now though it’s completed a chunk of the cladding and it might be able to restate / reduce the provision further. they have been excellent at preserving cash and no more generous dividends like before. whilst i miss those divi’s this is the right thing to do for the next couple of years until the provision are near zero. i think our next results and maybe more importantly our balance sheet will be much healthier and we will see more solid sp uplifts. it’s a good share to be in for the next 18 months i strongly believe as investors and institution see the cladding fog clear off our balance sheet - gla

Hi Ramsay, all your questions answered today 👍Hope you came in ahead of today 🤞. This takes away cash strains as the cash on hand slowly reduces for £70 to £90 million in previous updates. It also supports other opportunities by default.

There should be a rule in the interest of all shareholders and staff that takeovers cannot be approved until results are published to ensure equal opportunity of suites or newcomers interested to perhaps make an offer. It might be the accounts are not as terminal as the media and Sidara and BOD would leave us to believe, they did say as much when the auditors delay was announced. It could despite the debt say 60p or whatever might be offered from another party after they reviewed the published accounts - I’m surprised this take out and what now looks like hide the accounts or delay the results further is a set up (maybe promise of big golden handshakes from Sidara to BOD if they pull it off at 30p.

There are so many companies like IAG and thousands more that committed to reducing their carbon footprint or get to carbon neutral by 2030 for example. They can do that in many ways but converting partially to hydrogen reads really well in their media. I think we need more traction from smallish customer or an M&A from a big conglomerate that they in turn will sell as their carbon reduction initiatives. Just need some patience - GLA.

Don’t like update at all, revenue is only a Segway to allow well run companies to make profit after tax. As the core investor case to in Duke is the dividend yield which can only be sustainable from

PAT. Why no mention of what matters…

Bigger picture is 88E is uninvestable. Do a run chart of dilution and then multiply shares in issue x share price and its obviously way ovaries at current pricing. No net profit on the horizon for years, banks and funds won’t support so it’s more dilution on the way to stay afloat. Be careful of die hard like Brombard who is clueless at investing and must have lost his shirt here as an old 3p to 4p ramping investor. (See his posting history).

Debt is up £69M though ?????

Addressing Stanly B’s post in my response of course per manipulation legalities etc.

They do it in the form of blind shorts and longs ETF’s trading the margins with no need to declare per the existing loop holes. They did to drive the SP into the ground. They are now playing the other side on the longs. Key is just be aware. True valuation is frankly indeterminable with MM holding the real estate as LL & probably overpaying Ingenuity for its services etc. However he may want to construct more profit into THG now having burned most investors at the stake for such a long time. He does have a lot of skin in the SP also at the end of the day. Until we see net profit and cash increasing not just revenue which tells us his costs are truly under control I would be surprised to see the SP get much higher. I am heavily invested by still an absolute cynic and total distrust at the MM and BOD shenanigan's. It’s nice to see some damage reduction in my portfolio meanwhile with these uplifts no matter how timed and manipulated they are from the City slickers who are all crooks anyway.

Charts are not accurate and proven so especially on a share like this. News of real large orders and profitability are the realities needed to shift the needle, the text is typical AIM ramping and nonsense frankly. I am long but not overly exited, I followed in on the fully subscribed cash raising at a lower average price. If not for that I wouldn’t invest in a company that’s been getting through on grants etc, all now removed so it’s stand or fall time without a crutch.

Exactly - £14.8m cap on T/O £1.5m, no net profit or growth, cash running out….Can’t realistically see the SP recovering, probably a dead cat bounce at some point when the brokers do their thing to offload then horribles I’m sure.

The products been around for 10

Years, I thought when revenue hit £3.5m from nothing I was wrong having been highly suspicious it’s all a paper moon hype. From this update we can see no repeat buyers, no one shouting about or anything else. Now they are out of cash and will likely do another value destroying right issue capital raise - I also think it heading for a delisting and even at current price I think it’s over valued - £1.5 revenue & a market cap that looks way to frothy for this and what we know - I’m out at a 60% loss, think it will fall more over time.

Should be easy for a good CEO to get pets back on track, they simply have the purchasing power and cash to kill of competitors if they choose to or buy them and role out their better model if it’s superior and I’m sure they will. At the end of the day they are still very cash generative despite the recent profit warning.

Cash dropped from £11.5m to £3.5m as the conventions and new stores opened. Plus £500k loss in the cash drop as well. As long as the revenue and profits grow and cash on hand stay above £3m next results we are in good shape - Let’s see? It’s the unknown on this holding us back.

Solid results - Odd that’s it’s dropped when we see forward nav/ps of 100p. Vulnerable to T/O. I think it rise slowly and get to 90p ish over the next 18 months.

What problems are those? They could buy out for 90p vs a NavPS of say 120p and asset strip and realize the investments in an orderly way on the floated companies and then step by step do private liquididatiins on the non floated - Easy peasy. So problems are what AYJHAL?

I would think NR would want to return to a full listing FTSE250 firstly. When Volex was fully listed before it had way more solid in situational investors on board and the SP higher and not AIM skittish.