Member Info for Oktane

JohnH, you can't argue with a guy that gets calls from the directors, has his own paid insiders tip club, and is a big player.
Unfortunately, our big player either doesn't read, or doesn't understand, not certain which is worse, RNS releases, as he obviously didn't read last week about the closing of the large short from, you really couldn't make it up, Spreadex, just last Thursday.
LOL, our big player imagines CFD trades just 'float' somehow, with no risk management on the part of the broker. Definite expert to follow for market tips!

When you have no answer, and you never do, attack the man.

Or maybe everyone here should listen to an investor that has let more than a third of the value of his position vanish in the last week, now that takes skill!

Goodluck BF exiting the lobster pot, this is AIM so virtually unregulated, and ANGS has history of doing exactly what you are annoyed about. Unless you have a seat inside the tent, best to view AIM as pin money good for the excitement, but not hurting you, I really feel for those that have lost large in here.

And our recent inside the tent, emails from the board, paid insiders group mab from Asia is very quiet, he and a whole lot more have fallen for the big rally on first gas view, all that will happen here on first gas is a huge offer appear on any rally as new share and stranded investor look to get out.

And it was indeed just a day pass, he is gone again +++

Bottonfeeder that is likely putting a too negative view on recent changes. However, the golden rule of: If it is too complicated to understand, don't invest, is most certainly taking a toll here, as people move to the exits to cut losses or preserve some profits, or in other cases just decide to sit on our hands until the true situation becomes clear.

Admin, I see Steakbake-Adrian-Gideon-Freeasabird-Couldhave... was out on a day pass yesterday.
Please rescue this board once again from his endless spamming and bile.

That is all

Best wishes going forward Yanis, market will provide you with many new opportunities to earn profits.

I am also removing ANGS from my actively follow for a short term long play list. Despite the denial on here, the market is very, very clearly showing you at todays price exactly what it thinks of the current situation. Despite all the hate thrown his way, HIS by far has provided the most detailed and accurate analyis of anyone posting currently.

Good luck to all longterm playes here, hopefully your patience is rewarded this year.

Foxtail, everyone here was greedy last week except the usual skeptics, I even stated here that the overwhelming bullishness made me cautious to get back in. Think for yourself is the most important thing, and know where you will get out before the time comes.

BV, if you know what VLN stands for that will give you a clue. Maybe tone down the attacks on the skeptics, I agree at least one of them is a greenie, but some of what they post is very good commentary, and at great cost I have learned to listen to everyone in the market that uses logic to make their point, there are a lot smarter people than me out there.

Yanis final comment, the market is a very expensive teacher. I was fortunate in learning mostly with other people's money in trading, and cut my teeth in the financial futures markets where it is very easy to make a small fortune, you just need to start with a large fortune.

Every day I struggle to remain dispationate in my view of the market, when ever I fall in love with a position I get burned.

This has been my only active AIM share recently, and I had a big position years bck at I think 21p, and bailed on the huge down day at 17 something for a loss. Those days, and those decisions, are where we really earn our brad in the markets. Myself I will likely mostly move on as well from ANGS as I think near term the upside looks limited. Will look out for you in some future AIM play, selling a large property this summer and may find myself with excessive pin money this fall and find a new entertainment channel I mean AIM stock to punt around.

Very best outcome for you Yanis, hope you can pull it off to make a profit.
And going forward block the Volga north of the city, but whatever you do don't over committ to taking the actual city and avoid any future Stalingrads.

Since we're all giving you advice Yanis, try to always add to winners, and avoid averaging down; simple logic, if you are right half of your trades, adding to winners is going to return more tha adding to loosing positions. A couple bigger sized winning trades then make up for the 50% of trades closed for a moderate loss and you are a net winner at year end.

In a trader's graveyard, in the P45 section, the most common cause of demise is 'averaged down' and 'sold naked volatility', couple of career endangering strategies best used with caution.

Yanis many of us have experienced this, investing long term in AIM companies only to be diluted into the sea. Doubling of market cap is good, but you are here for the share price to go up. Full production will bring in new investors, but 2.3B shares will make predictions of 10p very hard to achieve. I have been in exactly your position before, and in most cases the adjustment is to shorten your holding period on AIM shares, when they give you a decent return lock it in, and be less patient with losses. There are plenty on here that bought recently at 1.30 to 1.40 and their positions are facing a different risk/reward today from last week as the potential upside movements are not enhanced near term with the new shares, but should be improved medium term on full production with 100% SF ownership. The catch is the time required to get to medium term, and reliance of ANGS management which in my opinion yesterday's deal does nothing for shareholders near term, hence the market seeing plenty exiting positions. Good luck, I hope you get your pop up to sell out, I will join in the same but watching carefully to pick my level, nothing today tells me to hurry and buy at 1.10 using my tool set.

IQ level here has increased recently, at least until Adrian sorts a new IP address...

Yanis, while full production of gas and perhaps more oil will create the first revenues of any consequence for ANGS, and that is very positive, the massive change in share structure and especially the huge number of new shares will be enough for some to sell out and move on; of the 1,300,000,000 existing shareholders from last week we know the largest holder announced they were out on Friday,; there is no reason to think some hundreds of millions of others will not reach the same conclusion.

The good news is we have help so far at the placing pricing of 1.09, clearly new buyers are stepping in at this level. If we trade much below today's lows we will see a lots of stop losses, and the market may go looking for them at some point this week.

ANGS has a good chance to become a profit making company soon. However complex share restructuring has made near term share price appreciation more challenging. My concern is as WG raised, we now have two share holders that are not far off 50%, and a usually bad AIM outcome is if they team up to take us private, unless there is lots of cash on the table this is unlikely to be good for current share holders. Gas storage could ultimately be a big payoff for SF's owners, but there are complex technical issues that make that component a very different play than flowing from an old gas field and may or may not be as good a risk for investors, but in any event is a different type of exposure.

I am watching with interest but have not bought back in, whole lot to digest and wait for the dust to settle at present.

Still just 20% of float traded, very normal given the large changes in ownershiup, shares issued, and business plans seen since Friday. Churn of 100% of float is when it gets wild.

Yanis of the 1.3B shares out there, 20% have changed hands as new money is coming in while others are closing out because of recent events. What is more surprizing is how orderly the trading has been so far today, not even gone into auction, suggests good two way flow of orders and the market makers are making steady spread profits.

BV, do you understand that 'breaking' the hedge is either from paying the present value of the hedge, something near £70m, or defaulting on it with the result that the lender takes title to SF.

After paying to close the hedge yes, we could turn and hedge at today's much higher levels. Or the #breaking' and new hedge can be done at the same time and trade, but the net costs would still require somewhere near £70m cash.

Uninformed posts help no one.

Yanis if we tried to build the Victorian 1850-1870 railroad construction today in the UK it would require 460 years to complete!

Hope so Yanis, the need to get to large sustained gas flow remains all important, and the large holder exiting, partner company lightening up, and deadlines slipping correctly have some big players selling. Also the uninformed very bullish comments act as a reason for caution for the large group of traders that are here but never post anything.

BV I've done more trades than you could imagine. Retired now, just dabbling here in a splash pool.