Member Info for philpot1001

I don't mind boring as long the the correct deal / no deal is made.... but what is irksome is it was intimated the decision would be made by Jan, clearly that was miles off.

I think for 20p you would need record figures for near 5 quarters on the trot, to fight the 10-20% profit takers.... it's actually feasible, but would need some good luck along the way.

For me it's a real shame we can't get a totally independent broker rating, id be interested to see what they say.... if this is a record year, i think this is 16p for me.... even with TT opening a short at 13p ;)

Haha 0.5p and ill have a sniff, otherwise I'm set and happy with what I have.

I personally don't act on rumours, just news. This is the former at present. If a placing does happen I'm guessing it's to fund the new CPR, so I'm good with it... although obviously I'd prefer not to be at a premium not a discount

Fair play this TW really has it in for MXO doesn't he! Just been looking at some of his older posts, he's a bit if an angry man lol

GFRD have apparently said it's "likely" to be a RI (hence the SP rise I guess)..... however it's still not guaranteed...... I think it's bloody amateur to announce the equity raise before deciding how they are going to do it. https://www.marketwatch.com/story/galliford-looks-to-raise-150-mln-shares-fall-2018-02-14

If its a rights issue, I "think" my advice to you would be to take part - if you don't you will see a dilution, from memory taking part in the rights issue prevents the dilution, but will put you deeper into the company (check that BTW)............if its not an RI, the dilution is unavoidable, but you don't have to get deeper into the company. Tricky call really with the uncertainty in the company. I still don't understand (believe) some of the result figures / rhetoric, so im v suspicious.

Hey rugs.... it's really nice to see this holding it's own between 10-11p in between prod RNS. I think there's a good number of investors salivating at the thought of potential record Q1 figs.

I think it's much more likely it was too much bother to inform the investors though

Yeah was due end of January according to the previous schedules..... Obviously it's possible things have changed and it didn't happen

hope so tooold! Just been reviewing a bunch of other oil producing stocks, and they all RNS when a lifting occurs, and not only that, specify volumes taken! Why cant SO? There is just no excuse.

Just had a bit of good news - my sale at 825p didn't actually complete yesterday (although I thought it had).... just sold out at 842p so lost less than I originally thought. Still waiting on the equity raise information! Tic tock

PAKKA that guy has already gone I think.... to Bovis from memory

i guess it will boil down to the government - if they want it to remain a private tender, it will inevitably force the councils to fork out more on a rolling basis rather than fixed price (or fixed price with higher fat in the tender).............or if that becomes too unpalatable, it will be brought back in house (nationalised).

Also worth noting there is hardly any liquidity here..... slightest buys and it pops up, sells and it stones..... as soon as the CPR is published, assuming it's anything like what we expect, this should be over 1p before you know it.... "should" lol ;)

*EDIT effect

All AIM shares are low volume between RNS IMO. could do with a timely oil lifting RNS, I don't think that's unreasonable to expect, it has material affect on the value of the company.

I'm still "potentially interested in buying back in .... but ONLY if it's a rights issue coming. If it's just a share dilution the way I figure it this could drop another 20% from here. That, along with the seemingly never ending Aberdeen bypass is too much of a risk for me, so I'll bide my time and keep an eye on the RNS / Aberdeen news.

Couldn't agree more TheMoss... maintaining any dividend whilst effectively introducing a 20% dilution is madness.