Member Info for PC01

Agreed on lawsuits...I believe strongly we need to protect the IP....on point #2...agreed again, no doubting the tech which is why Im invested...but its the inability of the company - to date - to monetise profitably its IP and tech that leaves the SP languishing. PP1 - your comment is meaningless I'm afraid. The current SP is because of all the issues we - as a quite sensible board - have pointed out. IF, and its a big IF I'm afraid, they achieve what they say they can re the Murata roll-out - and again lets be brutally honest to date the company has singularly failed in almost every one of its objectives then we will be able to argue for a higher SP. I own c 1-2% of this company after my recent top up, having not participated in the recent raise, but even with my rose-tinted glasses on, I am taking a blind leap of faith!

I’m not sure why any of this is a surprise! We said at the time and continue to say :
CPX has shown consistently it can’t grow sales despite ‘inquiries growing sharply’...
CPX has shown consistently that it can’t make money thus why it returns cap in hand to its long suffering shareholders time and again
CPX has been consistently hopeless in information flow.

However, none of this is news! What is news is the Murata process which will revolutionise the company’s financial situation. EG it won’t need to come back like Oliver Twist asking for more money.

But the sunlit uplands of a return of the SP to 10p and beyond will require sales growth. And the jury remains firmly out on the ability (not the potential) to achieve that.

Because this site used to be a mine of humour and insight. And then along came a parasite and infested it and sucked all the fun out of it. I promise you, with the exception of your goodself, no one here is invested for the move from 99p to £1.03. With an asset that is worth 100x that. I have little doubt you are master charter, but its seriously dull to post every last tick up or down. Truly it is.

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Truly NO ONE CARES

I actually quite like your charting thoughts tho you are yet to say what happened to your gloating long of Hurricane which I note now is -20% from your Thursday allelujah...what i don't like and I may speak for a few of this board who have all patently disappeared as they are as bored as the rest of us at your perpetual self aggrandisement and belittling of one of this board's more interesting posters who has done more to educate the less informed than anyone else. If you could possibly tone down your self importance I would happily read your chart inflexion points as I am sure we could all learn a little. I do disagree with Dick inasmuchas I believe charts drive behaviour and not vice versa. The reason why there are more buyers than sellers is frequently because of the chart and nothing else. So, i'll declare a truce if you do the same and keep your posts on here to what might be interesting to investors in JOG.
Cheers.

I never post on here - but - re HATEMMS 'cannot believe' comment...you need to understand that Varde (especially) is a debt fund. They may well have been aggressively buying TLW debt and hedging that position by selling the stock. It is most unlikely for a company like this to have a naked short in an equity which has plenty of debt. Over and out.

i do so hope your brilliant chart skills got you out of Hurricane at the close Friday oh Master RSI.

Just reading your post TF about the too good to be true but re the Murata purchase. I think but may well be mistaken that this line of business for Murata is literally 1% of their total sales. So i think they r in process of tidying up what they want to be doing and CPX the only interested buyer. Serendipity i think.

Interesting it has not been updated tho...it was a c 400k shares...i'm trying to work out why i was quite so impulsive today...i think the answer lies in the belief that the Covid situation is rapidly coming under control (except in this godforsaken country) and that, despite my rudeness to PP1 the other day, the global markets (to which CPX bears absolutely no correlation!) are beginning to look forward to a new life (why else American Airlines +40% yday?!)...anyway we'll see.

I have just paid 3.18 for a few more. A bit expensive against where they have been trading recently but there we go,

Thank you oh lord and master RSI - tell me one thing...are you one of those chaps who Can Use New Technology? If so, I'm sure Dick and I who share (at a guess) 120 years between us would love to be educated.

I think L+G, Janus Henderson and SVM hold c 12% between them. The board another 10%. Its going to be a hard fight to win vs a buyer with deep pockets, especially as most fly-by-night investors who inhabit AIM would sell their Grandmother for a 10-er (then proceed to tell us why she was overbought on the charts !!)

They are crazy - I completely agree but :
Amount of oil? Yes, defo a chance of 300mm barrels in the portfolio
Off-take agreement? Again v good chance of that
Oil price at $80? look at Wood mackenzie latest forecasts - bang in line with what they think and if you hark back to a post of mine when Brent was at 30, the environment is being created for a huge shortfall in supply which as we know from here takes a huge amount of time to fill...
Shares outstanding? Well as Dick said maybe a few more if options exercised (which means SP at £1.75 or above) but if farm out sorted then no need for further dilution unless we get the chance to buy more cheap assets in the CNS
I did say Blue sky, but the odds are definitely not Zero ...our greatest risk remains a hostile takeover and even then I'd be surprised if the major shareholders haven't done similar maths to this...
in the meantime, I'm sure the RSI is getting a tad overbought as it hits the ichimoku cloud and coincides with the 68.3% fibonacci retracement...:-)

Here you go AJAX!
130mm barrels of proven reserves, 200mm + of potential...let's for blue sky thinking purposes call it 300mm barrels in total.
50% given away in farm out who's deal means no further cost to JOG above the $30/barrel.
150mm barrels. $80/barrel oil = $50/barrel profit. $7.5bn total profit. $/£ at 1.5 = £5bn
22million shares outstanding. £227 / share.

Don't you just love mathematics. I did say Blue Sky thinking!

OK, if we all genuflect before you and agree that you are the second coming...for all that is holy, is there any chance you might leave this board alone now? We get it. You are the king of the charts - its just amazing that you bother to share your insights with us mere mortals when you must have more 0s in your bank statement than Mr Bezos.

Missing a '0' Hasiba?

Ajax, i want to excite you now. Given the operational gearing within JOG, each $1 above $50 / barrel of oil is worth approx $3 to the SP. Should oil get back to $80/barrel by 2024/25, and JOG is still operational and independent, then its not inconceivable that it might have a valuation in excess of £125/share. Now that is worth waiting for!

yep we r cheap for sure! One day Rodney....

OH TD come on. You are better than that, surely? An offer for you to buy shares is exactly that...an offer. There is absolutely no guarantee that the investment decision you are making when you choose to buy the shares will make you money. Go back to square one and read all about fear and greed, the 2 emotions that drive share prices. fear of missing out (Fomo). Did CPX say anywhere that buying shares at 3p will make you money?? Did the broker? NO. You bought the shares (I hope) because you thought it was a good idea on that given day to part with your hard-earned cash to invest in a company. What drove that decision? The belief that your 3p investment would be worth one day more than that. AKA greed. Once you can understand to control fear and greed, you will understand investing. And by the way, i am rubbish at it. But I am lucky to be 54yrs old and hopefully able to take a 5-10yr view on this particular investment.

i’ve been thinking about this - i’m not sure that salaries moving in total what £300k moves the dial ... they either get a farm out or they don’t ...if they don’t an extra £300k won’t save the co...and if they do then there are no probs. We mustn’t forget this is potentially the largest hub in the CNS. Our board is doing a huge amount of work and needs to be remunerated as such. I am very relaxed about it.