Member Info for NicetoMichu

very tempted to top up to my small position here today.. but such a difficult macro environment is making me hesitate.. cash is king is a lot of peoples mantra at the moment.. or gold shares even.. perhaps Mph is soon enough to be biopharma gold ? :-)

Paul Curtis small topping up towards bringing his overall average price down by up to 1p perhaps ?

If this is to be my last post here, I feel compelled to say that this has almost always been a very high quality BB and remains so even in the latest - of many - tricky patches for this share, with some really able people contributing brilliantly... and as someone who doesn't have a clue about this space, I say thank you all very much.

I didn't buy back in yesterday at 12p and have now revised down my start buying back target entry price to 7p. I'm very happy for this s/p not to go there and me not to be posting here and annoying plenty of you here.

(I only post on shares I have a holding in and while I did keep 1% of my holding here, unless/until I start buying back in here this will be my last post)

Good luck to you all in your bets here and widely.

All good stuff brasso .. but the S/P was close to 10 p in Jan 2019 .. it’s close to 3p now .. not fair or reasonable by most any definitions imho

And the word I now best use to describe this and plenty others similarly decent - or even good - quality fundamentals AIM o&g co’s s/p’s : SAD

Yes (and very well put)

I'd have no interest in Andrew Knott being replaced at or near this time.
I agree that SAVP is financially well sheltered from any global economic mess that may easily arise in the next few months.. but the movement of the s/p is clearly detached from that.
I agree that Niger farm out news is unlikely this side of summer.
Macro wise, I think there is far too much oil and gas live or easily/quickly brought live in the world for the short and medium term even in a steadily growing demand scenario, not to mind a declining one.. and OPEC+ efforts to keep supply down is crucial to Oil prices not being much lower generally and I think they're doing a pretty good job so far, but have a crucial next output revision decision process now in process
My worst case scenario for this s/p in the next 3 months is 7.5p and my best case is 20p

it could of course happen like that CE.. and tasteful ramping whatever ..
this .90-1p range is hopefully a pause for breath.... but who knows.. and to do my full bit to help this rally I did another small top up just now.. cant say I'm not trying hard to help here..

indeed bhads ..and we're going to have some fun today..

the ask price is indeed warming up nicely now.. so there seems now a decent chance this s/p will break out today, i'm thinking.. perhaps/maybe /hopefully :-)

just did another small top up for good luck...
and to get my overall average to just about bang on 1p ..
and looks like the s/p is trying to rally now..
here's hoping..

very surprised this has opened down and so I topped up fairly decently.. obviously very early yet to say how this will play out today and beyond..

thanks for all the good posting off the back of todays RNS' guys , not least from Andrew and CE.. both having a fine understanding of all things Xtr.

It is indeed all about the 'Ard rock and nice to see you both wearing your positive news glasses when interpreting what might come on this 'Ard Rock announcement by the end of the month.. ( it says by the end I note.. instead of at the end.. so could be plenty sooner than end of month even. maybe :-) )

There are many possible scenarios that could arise here....not all might be good for the s/p but plenty could be and some very good even.. generally to what extent is pure guess work, I'd suggest.. but here's hoping for a rise or even big rise in xtr s/p tomorrow and beyond , in hope /anticipation..

I offer that, filtering all posters except brasso on this BB towards maximising your chances of winning on any bet placed here is not as crazy as it might first sound (filtering me out included in that obviously :-))

You are easily in my top 5 posters on any AIM O&G site I post on brasso.. and I post on a lot of them ( and I, perhaps sadly, have positions in all the BB's I post on )

very hopefully not Mr BW..but troublesome will have given it to me if we're looking to trace back to the source :-)

thanks troublesome, you have a great day too- cough, cough !!!

I'm really disappointed with myself in the way I've played this bet so far but I feel patience AND a low average -eg 15 to 20p range - can hopefully still get me out of a hole here, in due course.

But in this very difficult macro environment and especially as long as a meaningful seller(s) still has ammo even good micro news seems to have little meaningful impact generally in this sector currently..eg PPC recently.. truly exceptional news maybe different granted, eg a great farm out in Niger announced here.. but in this environment such actual deal completions are much harder etc.. and so I generally look more and more at macro than micro.. and that's all about this corona virus in the coming few months, I expect (btw Kalan I fully understand your logic and AIM generally very very often gives you a chance to get in lower again sometime in the future :-))

I guess the coronavirus would have to spiral fairly further badly from here and global markets take a say 10% to 15% hit from here for this s/p to go to single figures...I guess -aka hope - that level corona spiral still won't happen and this s/p going into single figures probably won't happen either ..but I'd still put the chances of a single figures s/p here as moderate....

So while I badly feel the need to meaningfully top up here now I'm going to try hard to stick with my previous plan (next minor top up at 11p.. major top up only if this goes to single figures.. and more major again if it goes under 8.5p....hopefully it doesn't go to 11p not to mind lower, obviously)

Sorry to read this RNS but hopefully nanoco can rise again in due course - especially with the help of winning that Samsung lawsuit - or a decent offer is eventually made.

Fortunately I'd sold out 95% of holding here into the recent spike and so I have plenty of ammo to look to get back involved here at some point (as this has been good to me a few times now through range trading, I feel I ought to try for the same one more time, if the opportunity arises)

But I'm with Nanonano on this likely going decently lower from latest 15p (indeed I sold 4% of that remaining at 5% at 16.5 p early today as I felt that was a good price in context and was still selling at a decent profit too )

If this goes to 12p I'll start to add back by smallish increment, if into single figures I'd add back fairly significantly . But hopefully for any long suffering here it doesn't go so low.. and, in that context, fine by me if I don't get to bet here again.

PS; Uber Bulls are far more dangerous to your wealth on AIM than shorters, sadly (imho)

Not a response to Zen btw .. I can’t come back on that in any detail as I said I wouldn’t ( luck counts amongst others has quoted me similar and I’d cut and paste my response ..)

Towards changing the subject completely : I looked on the Trin board first just now and the first post I see is :

‘I hope u get the corona to finish u off u fxxxer

At least we’re not at that level here ...yet
( there’s some wider context to that that makes it not as bad as it sounds, in fairness .. perverse humour even )

(That’s a bottom line profitable, significant cash flow generative no debt large cash balance in bank well run company that’s s/p is on its knees too.. what’s happening to a fair few decent companies share prices across this sector is truely horrendous .. ppc ditto .. and others ditto ..so don’t feel theres a monopoly on the misery by being in Savp.. far from)

''The average price of all the placing is around 38 - 42p for most of the institutions. I still have it as a 5 bagger and 200p ''

I was actually being nice to you originally Zengas in saying 100p+ plus group and not singling out individuals shouts. Above in your latest shout here, I think? The most bullish of all here, I think? Hence the uber-bull terminology.

12.5p to 200p is one hell of a lot of 'bags', even on AIM ? But this one is special, special, of course.

Generally, in the context of this currently being 12.5p surely a morsel of humility is in order from you. But perhaps your excellence in your micro knowledge of the detail here means you're exempt from humility.

Reciprocally, you may not have been in enough AIM O&G'ers as much as I've been in too many? And the key drivers could be far more sundry marco more than micro, heaven forbid...

Whatever the drivers, 12.5 p currently is a long way from what you were expecting around this time, I suggest? So 200p in the future could equally be very wrong etc.. but anything is of course possible, so you might be right too even: a game of chance we play )

Park my Lekoil eg then....Amerisur, on fundamentals, looked one of the best opportunities on AIM, and there were many on that board posting such great fundamental knowledge and financial analytics as you might here...and very bullish that stock too....etc..

(btw: you're perhaps right up there on the all timer bull list in this sector stocks, perhaps, with 15+ bags to come from here in due course folks.)

People are bored already with this back and forth I have no doubt ,as am I... and Chelsea vrs Pool beckons.. so I'm going to stop completely on this trail now.. so feel free to have another reply go at shutting me up, in the knowledge that I'll not respond, this time around, at least :-)

agreed George..

this s/p can go up as well as down (I think/hope) :-)