Member Info for Scully12345

Jan 2015 - 4p? Is that the all time low?

My thinking when I sold FFWD wasn't that I'd make a greater loss if I didn't, it's that I thought I make a quicker gain in other shares. Agreed - current price of FFWD is gifted, so many bargains, like a kid in a candy shop and only so many funds. The only other thing I could do is buy a greater number of different shares and have less money in each. It doesn't seem to matter how experienced I think I've become with AIM, there's always more to learn.

I started with crypto last year too so that I wouldn't watch shares daily (well minute by minute actually) but AIM is now more volatile than crypto. Crypto hardly moves these days and seems to be in a period of consolidation at the moment.

To translate Aspers' post:

Original post:
"Be careful, be very careful. I still think we may see 10p before 20p. Pay your money and make your choice. Sadly a few route changes are not going to be the cure here."

Actual meaning:
I'm hopeful, I'm really hopeful. I hope we may see 10p before 20p so I can buy in cheaper. Pay your money after deramping to 10p. Sadly I completely lack ethics and morals, and as soon as my target is hit I'll switch to ramping this share up.

:(

Confu, oh Confu! here boy!

The thing is the TANO Basin is surrounded by majors and super majors so a JV very soon is inevitable imho. Expecting 1p soon then 5p to 7p at the minimum for the rerate.

The lithium play is interesting too but a side play in my opinion at the moment. If they pull it off though, with electric cars etc, it's a good bit of diversification and an edge against oil and gas for the portfolio.

Teeling and his team certainly know what they're doing it seems. It's just a shame there are so many slanderers deramping on the boards. Shocking really with Teeling's reputation as a top class entrepreneur with a high success rate on projects.

I dunno Predators I sold at 10.40 after buying at 10.95 then put the remainder into FARN which is on the rise. I'm getting hammered on the stock market in general this week though with VOD etc and lost a bit last week too :( Also UKOG is hardly moving etc. Grrrr very frustrating really. I also sold out of KOOV too early - bought at 8.6 and sold at 9.37 but could have sold around 11/12p - then again it nearly back to my exist price again so don't feel so bad now.

It wasn't advice.

MXO has grown as a company (I can see that from my research so no way is this a lifestyle company like some on Twitter are saying) - it has an interest in a quality asset and is producing revenues with oil. Oil price has increased. The valuation today of market capitalisation less than £2million is laughable and doesn’t reflect the value of the asset. There is always a period before breakeven and eventual profitability is achieved. It is cheap on the basis that they are trading way below NAV.
The issue I have is with that whopping great salary – Stafan, although he does have skin in the game in terms of shareholding – his salary needs to decrease (at least by half) and his shareholding increase (obviously not at these levels lol).

My personal opinion of this share is Strong Buy.

Based on July's Align Research price target of 3.15p from current price, this is a 35 bagger!!!

A blast from the past (2014) from Malcy:

"MX Oil (Formerly Astar Minerals) Down Mexico way..
I wanted to mention this company as I went to see them a few weeks ago as I have interest in Mexico, after which I mentioned them in the blog and I got a fair bit of feedback. Today they have confirmed their JV with Geo Estratos, an oil services business in Mexico with strong credentials, they have worked with many leading companies including Petrofac. The JV is looking at three potential asset transactions identified by Geo as highly prospective. With an oversubscribed placing at 3p to raise £2m for working capital they are well positioned ahead of the upcoming licence round. The company have also entered into a ‘strategic relationship’ with Northcote Energy which I am slightly concerned about, I hope that they have done their due diligence, I do not cover Northcote.

MX is a very interesting play in an area I am sure we are going to hear more about and should be very much on the watch list for investors."

https://www.malcysblog.com/2014/08/oil-price-shell-andes-energia-savannah-range-resources-mx-oil-sundry-and-finally/

Align Research price target back in July 2018 was 3.15p - Zak can you reiterate this please? http://www.alignresearch.co.uk/cpt-company/mx-oil/

Any recent broker notes?

Bridges - Confu is a POS. Complete deramper and pondlife - as soon as a share he's deramping hits his target entry he starts to ramp it up. Not sure what he as against Teeling - he's a great entrepreneur - sold a whiskey business and he doesn't even drink. The opportunity with CLON, as you know, is absolutely massive. I'm no longer in here but made a cool £6k here, I just had to switch some money out for a couple of other shares at the moment, I will be back though, hopefully I don't miss the boat before I miss the news.

By the way, I think Confu is racist against Irish people in general from looking through his posting history. Pretty nasty poster when he gets going.

Lol Bridges

That's fine, you sit your money here holding and hoping with fingers and toes crossed, when there's better opportunities like FARN etc with good liquidity, which actually have volatility for trading.

Lol nice one.

Lol it's because I bought the shares over a couple of accounts - SIPP and S&S ISA over HL and II and had estimated my average to be around 85p. So working it out to be 79p is good news for me lol.

Just worked out my average is 0.79 - not too bad - I've broken even lol

I watched this for 4 months before getting in. It was sitting at £1 for a while - I put the money in another share and was kicking myself when it went up to 120p.

So when I saw the drop after that RNS I jumped in for £7500 at 93p. A bit too early in hindsight.

So put another £12.5k around the 70/72p area and glad I did.

So £20k in and happy with that. It's a lot for me for AIM casino especially with the cheating MMs.

Just about to work out my average.

That's cool I can wait - in my SIPP anyway