Member Info for Onbeyondzebra

Gpmh1

I’m a fundamentals guy, so tend to see boardroom scuffles as buying opportunities. Most of the time, they blow over and investor confidence is restored. This to me looks like a typical storm in a teacup.

You’re right in that most people lose on AIM. It’s usually because they do what the heard does - and in this case I think it is selling on a low when it is a buying opportunity.

That said, a profit is a profit so we’ll done and good luck to you.

Also, take it easy on allthatglitters... he’s a serious poster, and a valuable chartist and I (usually) value his opinion. = P

Gpmh1

You’re right, it’s wholly conceivable: HH is on a fault. No other oil in the weald basin. Oil doesn’t flow through clay blah blah...

Of course, Balcombe seems to disprove all three of those rationales in one go. So now you are betting on something being wrong with Brockham. There might be... but it’s much more likely that you just don’t have the stomach to see it through - and have just committed the cardinal sin in investing (and sold out at the lowest possible ebb in a panic, and bought into a company that’s much less likely to rise over the coming weeks). That being the case, you never should have invested in a small-cap oiler at the exploration stage, and probably should stay away from AIM full stop. It’s right here where you make money (or lose it), and if you can’t stomach the risk, it’s still a decent time to invest in FTSE 100s after a 20% (now 10%) drop since September.

“That said, if Angus Energy successfully flow oil from Brockham and the BOD get their shit together over the coming months...I will reconsider my investment strategy.“

Meaning you’ll buy back in at the times what you sold out at. Great investment advice that...

Investverysmart - you read like a Russian social media bot: vote Farage, vote Trump, vote Tidswell.

If the board support Tidswell so much, why did they state in the last RNS to vote against his motion?

Never mind, don’t answer... after all you’re a trolling bot.

Filtered...

Great... so there’s no need to hear from you on this board in the future.

Goodbye!

Hmmm... wish we could get Alan T.'s thoughts on this morning - bet there would be quite a lot of big 'sighs'.

My takeaways are:

1. the big sell yesterday stinks. Honestly, I don't see how somethings on AIM can't be investigated by the regulators.

2. boardroom battles are to be expected, especially when you have a company with these assets that's "on the cusp" (as someone nicely said) of something great.

3. I'll be voting for Vonk. Like many of you, I'm not happy with everything, but he has knowledge and enthusiasm and has been straight with us. Some of the RNSs have been poor, and we've not always liked his placings in the first instance... but his instincts have been right (especially with the Balcombe investment) and he's helped develop ANGS.

4. it won't be right all the time, but it's one more instance that proves that listening to the trolls leads to financial loss and that, in this game, you must be patient and confident in your own research

Yeah, great pickup! Those that got in under 9 were the real winners of the day. Guess it pays to wake up early...

That's not a bad idea actually...

And, I've always wonder, is it better to be a paid (ramping) managing director or a paid deramper sitting in his mother's basement trying to con PIs out of their shares?

One more for the filter list I guess...

You're right... it's just an estimation of future growth and valuation (like we do in the city every day). Unfortunately, my DeLorean is in the shop having the flux capacitor calibrated, so it's the best I can do.

Was thinking the same thing. Feel sorry for all those that wake up this morning to see that they are out of ANGS and it'll cost 20% to buy back in. Happened to me when I first started and I decided no stops-loss on AIM - as days like today just fall into their hands. Just a storm in a teacup: initially down 25%, close down 12% and business as usual by Monday I reckon. Wish I had been faster on the trade, I would have got 8.6.

It’s called doing the maths.

Take a guess at reasonable flow rates, figure out ANGS’ share, figure earnings and calculate sp per earnings (p/e).

Paul Vonks did as much several interviews ago and, if I remember, had us at 200mil mcap after Brockham - which more or less tallies with mine (though Balcombe will have it higher obviously).

I thought I filtered you Johnny? Did you change your name slightly?

Agreed... never thought I would be able to top up at 9p again!

Filter out the noise and think about if anything has changed.

Still going into production = check
Loads of oil = check
Will be over 20p in a month’s time = check

Thanks for the panic selling folks, I’ll happily take your shares and watch things settle.

Nothing in this RNS gives me cause for concern,

1. We are heading towards production and we are therefore moving away from being a £40mil mcap company and towards 100-500 million mcap company. It’s not at all surprising to me that there is a power struggle at the helm between the major shareholders (the 8th Earl of Lucan and Tidswell-Pretorius).

2. It’s a loan facility not a placing with a very high warrant price attached. Once Balcombe is flowing alongside Brockham, this 6% dilution will look like peanuts. Also, as it is for field development, all money spent will all be immediately recoverable before Balcombe earnings are split amongst the stake-holders (much like HH).

Of course, trolls will be trolls... but I’ll take this opportunity to top up! :)

Forgot my password and so ended up reading through the unfiltered threads. After about three minutes I could feel my IQ slowly dripping out of my ears and reached for the password reset button in a panic. Seriously, life is too short to have to listen to those guys. Do yourself a favour and filter the trolls... you’ll live a longer more enjoyable life.

Uh...ok?

Like a lot of people, I have a small holding in a number of companies that I think will come good in time. I also try to stick to my principle of not selling when a SP is low vis-à-vis my short-term time horizon. As I said, I have UKOG rising over the next three months on the announcement of commerciality then falling over the following 6 months to under 1p. If you must know, I already have my sell in price set in for UKOG's short term rise (no clue when it will be), and will probably buy in after its next (inevitable) placing during the quiet months waiting for a license. If you think my approach is illogical, that's up to you... but I can tell you that, if my investments were sentiment driven, I would probably hold a lot more Tesla shares, and a lot less in oil and tobacco.

Baits, from a purely investment standpoint, you're letting your sentiment lead you IMO. You always wanted to be heavily into UKOG and low and behold, that's where you've ended up. If you didn't want to be in ANGS for the full re-rate as a LTH, you should have at least waited to 'sell on the news' as they say... not a few weeks before it, when it hasn't yet bagged from this point. As for UKOG, I still have a small holding but wouldn't touch it with a barge pole at the moment. If you time it well, you can get in and out with a quick 30% rise over the next 2 months but I'd rather wait till the summer and buy it for .90 p. That's where I have it valued at this point... it's market cap is still much to bloated. Also, in a world full of undervalued investment opportunities (just look at the P/E of the major banks atm) UKOG's about 200 on my target list. That said, good luck to you. I suspect investment in any of the Weald plays over the coming years will serve you well if you stick long enough with them to see the rise. Just look to our favourite cameraman as a cautionary tale of what happens if you leave ANGS too early.

This has to be the most boring thread in ANGS’ short history. I guess if there’s nothing else to talk about, let’s all waffle on about the lost 10 missing days over Christmas. After having waited years for Brockham to come online, and on the cusp of being the major Weald producer, surely there’s something more interesting to discuss.

I can see that emotions are running a bit high but, in all honesty, I don't really see why. What's changed between this week and last?

The Lidsey RNS was a disaster, but no one is going to remember or cite this RNS a month from now (let alone 6 months from now). With all oilers, timelines slip (for a variety of reasons) and a 2 week slip isn't going to make my blood boil (life's too short).

This was as close to a sure bet last week with buys coming in at 14p. They said they are going to take 2 weeks off for Christmas - just like my job made me take 2 weeks off and probably yours, and what we've been bleating on for years should happen with the Premier League. Business (and hype) resumes on the 7th, or slightly before then, and the shareprice jumps back to where it was (at about 14p). The only people that lose are those that for some reason sold out at 11.5 and will buy back in at 13.75.

I think people need to start seeing these little blips as opportunities, not the end of the world. You can invest your money in a 'savings account' and make half a percentage over 12 months. Or you can put the same amount into ANGS right now and make 30% in three weeks.

Sure, I would have loved ridiculous amounts of oil to be flowing by Christmas but, you know, they give you lemons...make lemonade. If you're not prepared to do that, stick to large cap companies.