The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Agree with BigBite here for sure. We are in a drift awaiting news yes, but fundamentals are strong and we are on the cusp of more discoveries in the short term, not a hudge amount of patience required...
The director guy ins were near the current SP and I don’t think they made those purchases thinking that the SP was reflective of value. They saw a bargain and took the opportunity to dive in before the gravy train gets moving
Love the optimism Biggy, but what’s your rationale?
Also, is your name in reference to the GTA character?
Another no news morning, fundamentals are still as strong and in the background we draw closer to Cal-1. Patience is key, don’t let the shorters rattle you, they will get squeezed very quickly when this develops
Not a surprising result but with the failed vote of no confidence perhaps we will see some investor confidence restored and a more bullish day tommorow.
It makes me wonder if we might see an RNS tommorow morning now that’s out of the way and we can have our own time in the spotlight!
It’s a bit better than £25 when we are selling it at the wellhead in CPO-5...
I don’t think that 200p in the next two years is too far out of reach... CPO-5 potentially an Ocean of oil and we have the Occidental farm our, they did not pay all that money for a cabbage patch.
It’s just a matter of time
Seeing a sea of blue... I think this week will see us break the resistance
Maybe stalling for Brexit vote then use the RNS as a little pick me up in case the market gets choppy..
Just catching up on this, some great exposure today from JW and Malcy, 35p revised target SP let’s go!
That’s 35p BEFORE we drill Calao-1, which is sounding like another big find! I can see this moving very fast when we break 20p resistance
The way he spoke about Caleo-1 was very encouraging, he clearly believes this to be larger than the quoted reserve and I think this could go a similar way to indico 1.
Watch this space!
No news this morning, could see a bit of turbulence to start the week especially with the Brexit vote tommorow there may be some portfolio rebalancing.
Fundamentals are stronger than ever here and every day that goes by they are getting closer to the next drill, patience is key now. A lot will have bought in around this price so hopefully we will see that hold today.
All the best Awstin, hang in there mate the fundamentals are very strong here! If In doubt I like to recap the recent news and I keep coming back to the same thing that always puts a smile on my face.
They are in a big ol hurry to drill these wells to find out if it is all part of the same structure... That would be an Ocean of Oil.... and if that is the case we are all going to be swimming... in cash
I think it’s last chance today to get in under 20p on this, ducks in a row she’s ready to blow!
Not necessarily Bigsmoke, could be an afternoon RNS if there were directors buy ins yesterday. Those 2x 1mill buys could have been just that!
Bigsmoke is just as eager as you to hear more about these opportunities coming to life! However I agree with Willec, Monday RNS will give a much bigger impact than Friday.
I’m still dubious about those 2 x 1mill buys, if they are BoD then the day after the purchase I’d expect the RNS, potentially tommorow
I can’t get my head around how it’s not climbing with all these buys. Definitely a big woosh coming!
Could that 570k be a big BoD buy?
They haven’t been getting released by RNS till afternoon the next day...
Shorters out there, are you listening,
An Ocean of Oil, is’a glistening
We’ll dig some more wells
Results will be swell
Walking in an AMER wonderland
Brent up at $59.43, all looking good for a flyer this morning!
When it’s raining gold, catch it in a washtub not a thimble!