Member Info for Quiggers52

8.4% spike on no news? Where has THAT come from??

Yep, without wish to sound as though I am lording it over anybody, IMHO, only a fool would ignore insiders buying like this.

Says it all...

GLA LTH

In for 5 years and no intention of selling.

Yet

You can time your watch by it. CFDs on Brent go down, this goes up. CFDs on Brent go up, this goes down. It is like there is a lag.

Good for scalping on margin if that is your thing.

Understood but chillax. Throwing insults around or going ad hominem is not helpful. Your views are fine to express but anyone else`s is lording it over you. Is that it? Anyway, that does not matter.

"[A]wash with cash" It`s $8.2m last time I looked on the B/S

We are all invested here, that is common ground.

You will be satisfied if they draw that cash "pile" down to zero, and pay out with 224,922,157 of shares outstanding at 3.6 cents per share?

Fair enough if that makes you happy.

I`m not one to argue.

No. I disagree. For a start, that shows weakness. And AET does not have the cash. Capital deployed as divis or buy backs when they are what 3 years old. Really ??

The whole market is down, the sector is down. Equities are down and even bond yields are increasing. So what, ignore it and carry on doing what they do.

It is like an athlete. Work hard, train, eat right, sleep, live the life. And with the skillset, the medals will follow. But try to do what you do for the glory and it never works. The glory follows from the love of what you do.

I doubt PmcD gives two hoots about the SP. He and his team are too busy doing what they do best, what I just said.

Whereas you are focussing only on the medals. The SP. Ignore it. Open a short term book and trade it. Accounting for spread and fees the margin needs to be managed carefully but it is fun to do whilst the primary long position remains in the bottom drawer.

Or sell.

By long term, I envisaged 3 to 5 years not 12-months. Of course oil is falling and might do so still, probably will. So what? 5 years ago, oil futures went contango i.e. negative. "Sellers" were paying "buyers" to take the stuff off their hands due to the storage costs. That situation did not last and two years later the price was $100+. That`s the point, this situation will not last, the commodity is not finite, there is little appetite for a replacement and the orange lemon in the WH will be gone by 2028 (GW). As I said, the risk here is the Management Team leaving or worse. If they stay in place, then this is as good a place as any to keep cash. Strong stomach needed I grant you.

Oil price goes up it goes down rinse and repeat over and over nothing ever changes.

AET at this price is a gift for LTHs.

Fill your boots, stick in the bottom drawer and in a few years, reap what you sow.

The risk here is PMcD. He IS AET. he leaves or gets hit by a bus (Heaven forbid) and we are into unchartered waters.

I do not like single-point-of-failure investments. But there are exceptions.

It is worrying why a person would engage in this type of behaviour. Really odd. Reminds me of that sad loser who at the height of the Gaza killings by the IDF paraded herself around a U.S. uni campus with a "dox me, I`m a Jew" T shirt on. Everyone just ignored her thinking she was nuts. Just an attention -seeker. To be pitied really.

43% up - WOW

Oh wait, a 66% spread...

I will miss this when it is finally gone.

AZ always was a laughing stock to anybody other his greedy knuckle-dragging fanboys.

Thanks for this!

It is the FCF (to the firm) estimates that surprises me somewhat: $4.6m - 20025; $11.6 m- 2026 and implied $37.8m -2027 to give cumulative (Group level) of $54m

I seem to recall FCF number estimates of $35m but obvs with bopd at 75 maybe (on the top of my head)

Bottom line here is TP of 80 for an upside return of 100%.

Perhaps we should ask Blackrock. That 0.20% haircut of its holding on 2 April was timed to perfection making 20% by way of savings in 3 days. Not bad. Need a Blackrock Crystal Ball for sure...

Maths is not my strongest suit but I make that, at today`s price, $63M.

Any idea what "full margin" means in that context? I`m reading that as this $63M is SLP`s alone and not to be distributed as part of some JV where SLP only entitled to receive [x]% .

Obvs that is rev not profit; the statement refers to "low cost".

We will see.

Trouble with drip buying (which I take to mean very small stakes) is that the fees eat into the gains.

AET cannot fall much further so this is at or near the bottom.

Not for the faint-hearted but its carnage all over with e.g. travel stocks losing half their market cap in 8 weeks!

At this rate, the "net nets" might start to appear.

Kicking myself I didn`t take profit when this was 42 for a 10% return in 6 weeks. I`m busy doing other things. Having the time pro traders have I would have.

But the future is bright. I will add for the rally to come.

USD 74.61atow.

This is a gift at this price.

Brent closes at 73

...watch this move

Meanwhile, Brent nudging 72

Donmac - is that *net* to AET?

I hope you all filled your boots.. What a gift!

Wow 3.8% today, now up to $5,475 ! Loading up while in the low 40s.