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is so very excited and pleased about the misfortunes and chaos at Angus but that does not mean SS is a hero. More likely we will be adversely affected by the untrustworthy mess. Rodders thinks the Angus debacle is a good reason for directors never having shares in their companies. Simple mind.
Heid Ok spelling errors. But seriously business needs success not learning from technical mistakes. The wrong sort of mud etc is school boy nonsence. When a football team loses it is not enough to say lessons were learnt. We will try again next Saturday with our eyes open.
of the problems is, after the BB disaster and the Gatwick gusher video claims and Bourgues rapid exit, the market does not believe anything coming from the board. The market may be wrong but markets have long memories. Institutions have seen the trigger happy dilution instigated by the failed KDNC ukog finance director and they are keeping their distance. It is like a losing football team a new leader is needed with some distance from the current trio.
I am not at all suggesting zero for the rating of the sp just the three directors. Under new leadership it could do very well. The current directors have said too many silly things and have made too made technical engineering mistakes. Commerce and dilution they are complete amateurs. The sp is the evidence before the paid defenders of the faith start. If ukog was a professional football team they would be long gone. You cannot fail in your job and still be in charge. Wait for the insults.
Well I was caught in by the hype the French investing and those now awful oil pouring videos. Something like 6p just one of those things. Opinion of the directors including Kieran started at about 8 out 10 Now about zero.
Well yes it was a 10k punt which is looking sick now. But if you go high risk then you can expect that. Do I think the company is well run my posts set out what I feel. But it might work out trouble is the market message is consistently poor. DHC says it's not quite a blue chip share yet. Which ever way you look at it objectively it is no where near blue chip. It is a very high risk penny share run by three untouchable directors who give us tit bits of information on an infrequent basis.
In terms of companies blue chip one are of the highest quality and most successful although less secure than gilt edge stocks. The FTSE 100 are generally blue chip although companies fall out of it and to oblivion. Aim companies are high risk often start ups and aim has a reputation of more failures than successes. It is the skeleton coast of investments. So you plough through troubled waters and the rewards are high for the few. Oil explorers are one of the riskiest category Sou Lek 88e etc. Jog is one of the better ones. At least we do not have the African corruption that many have. The drilling plan looked good to me and I like plans anyway.
Rodders Why do you defend the poor performance of all three diluting directors and the never ending plummeting share price. There are only three of them they report to nobody and 645k salaries, if true, is not good value when all that happens is a downward mcap. Are you an agent or do you actually like losing money?