Member Info for rossannan

All good at AJBell too. Time for a new broker?

No apparent problems buying with interactive investor. Who are you using? I

Starchild

1. “You absurdly state share BBs do not influence market sentiment.” Not in any significant way, no. You have either backed the right horse or you haven’t and your BPC/CEG postathon is not going to change that.
2. “You post as if you are a neutral wise sage whose opinions are in good faith when in fact they are based on your trading position/CFDs at the time.” No, I post as if I am free to say what I think, because I am, whatever my position at the time: again, BB posts do not influence market sentiment in any significant way. So although I am currently long CEG I do not need to hide my suspicions that it is and will remain a PoS.
3. “You are a self-professed ‘ramper stamper’.” You obviously don’t get the jokey film reference. But permabulls like you need to be challenged. History suggests that your BPC posts were less than objective and lacked real insight. Your posts are not, of course, going to significantly influence market sentiment but they may influence individuals.
4. “You had issues with CERP, then BPC, now CEG and recently stated you have bought-in while holding your nose.” Absolutely. Awful companies run by people who were more than just unlucky.
5. “And worse of all, you sought money to stop posting CERP negativity. We have an audit trail, so you can’t deny this.” In that case follow the audit trail to the beginning and apologise for that characterisation.

This is not investment advice but consider whether you would not be better switching your investment in CEG sooner rather than later into a solid, serious company like TRIN, where there is still arguably plenty of upside and, I would argue, a lot less downside. That is my plan if my current CEG trade comes off.

DaProphet

“Don't forget you can earn 20% profit each year on a far less risk investment these days.”

Please share the details with us!

Starchild

It is an opinion and therefore hard to prove, but the way that you post certainly suggests to me, and I would imagine to many others, that you are trying to, and indeed think you can, influence sentiment in this share. And that, I think, is and has been your mistake. You should continually be asking yourself if CEG is a good share to be in and whether this is a good time to be in it. Instead you seem to be pre-occupied with continually persuading others (and yourself?) that CEG is a good share to be in and that this is a good time to be in it. My point is that even if you are to any extent successful in this, it will not really affect the outcome here. It does not change the nature of CEG, namely its assets and the people running it. And I would argue that because you are preoccupied with this cheerleading exercise, you keep missing red flags.

You need to take a hard, objective look at the horse you are backing.

Starchild

“the posters who think that their posts can somehow make that anticipation happen”

That’s you, that is.

JohnBriggs

The important distinction is between the posters who simply think there is a quick buck to be made on the back of the anticipation around this drill and the posters who think that their posts can somehow make that anticipation happen. The latter arguably have the wrong mindset for this game - it is not you cheering or booing from the stands that wins you your bet: it is you backing the right horse at the right time and identifying when it is time to cash out. Everything else is just noise.

Single figures I suspect - average since it came online may even be single figures. Someone posted the data a while back and you have to do some guesswork on how much is Saffron 1 and how much is other Bonasse wells, but S1 certainly isn’t going to pay for itself anytime soon!

Bohemia

Bohemia

Good find. As you say, a rather glaring disparity when you expect S2 to essentially be a properly drilled twin of S1, apart from being slightly downdip to target a supposedly larger thicker section of the reservoir. Sounds as if it all now hangs on the Lower Cruse which needs to come in big style. At this end of the AIM spectrum there is always that nagging suspicion that they are selling you a pup.

Kevin55

No, we find out the final net pay data. You will have at least a further couple of weeks to wait for oil data.

LLL

Fair enough, that does suggest there is significant net pay still to come.

Bohemia

Your primary/secondary point is well made - the RNS reads as if the Lower Cruse is and always was the sole primary target. Do they think we either don’t remember, or never bother to cross-reference, previous RNSs?

Bohemia

Not tempted to close your short then?

Santa is very quick these days...

I am not a fan but note that this just popped up:

https://www.malcysblog.com/2021/06/challenger-vog/

khonsu

“Is everyone so fed up or bored of this share now that even posting negative/positive thoughts is a task?”

That about sums it up. In the absence of news the conversations have become somewhat circular and when they do get going they quickly become toxic. This is why I am in the box with you and SvS, simply waiting for the next RNS. We know roughly what RNSs we are expecting in the short term, but the order they come in could make almost as much difference as their content.

As an unwise man once said: watch this space!

jono

They look more like some kind of matched sell/buy rollover trade. Do you not think?

SvS

Indeed.

SvS

And yet you have more posts on here than I do these days!

To be fair though, if you added back my deleted posts, I would edge ahead of you. It has been interesting to see just how low the local rampers have managed to get the deletion bar set (let’s see if this post survives, for example). As I said, the worst thing I have ever called anyone on here is a ramper. But even I get bored with ramper stamping when I can’t get enough of my posts to stick. At least we are moving into a period of more significant news flow, whether that news be good, bad or ugly.

What he said.

SvS

The problem with that approach is that it leaves you almost nothing to engage with! Fair point though. There is not much more to be said this side of the S2 result (even if this is just net pay initially) and some further financial clarification. For the sake of my trade I am hoping that the former comes before the latter!