Member Info for SecretBlueprint

"And a well banking IRO US$ 1 million revenues per month...soon to increase."
What happened to the "An"
Anyway, revenue is not profit and profit is not income until the tax is paid next April.
How much of the £10 million is owed to HMRC in CT and EPL?

Boxer, LOL, he will never live that one down.

That got the slug out from under the stone. Anyone got some salt ?

With the SP below 30p and stuck in the mud, there is no way back to 50p or £1, IMO

Why ? The spike to 50p was irrational exuberance for a share that was 20% cash and 80% hope value before HMG decided to take its pound of flesh from Wressle profits as a windfall, so diminishing its asset value.

Then we have the ill advised "capital reduction" scheme which is both reducing cash in the business, while reducing the market cap and share price, all at the same time. Just when the company needs cash to pay the Energy Profit Levy.

The 0.8p dividend is cold gruel in a freezing December week and has helped not a single investor's portfolio v-v capital loss. Earnings per share >? LOL

Pound up, Dollar down, Brent down too. Thanks to cap on Russian oil price.

Piddly micro gas turbine at Wressle still means a production cap unchanged. Where is the big gas engine that was identified a year ago? OK that is a EDR issue (fail).

How will Rathlin as operator find the money for the horizontal well at West Newton? RBD is a busted flush as a cash cow. And Rathlin is not listed, so no placing possible.

All that is confounding investors who say " no more" until we have answers.

And of course the single biggest drain on investor confidence is the "Big Heid" bot which works away relentlessly to pi55 off anyone who ever thought this was an investible stock.

Good idea gone bad, and DB and his septuagenarians on the board must be thinking about how to escape with pensions and leave it all to some other poor sod to sort out.

Eric Nuttall ? Seriously? ^ shakes head in disbelief^

No mention of regular dividends through 2023 / 4

There is no indication from the company that it will make any regular dividend payments, beyond the announced special dividend. The revenue from Ashover was intended for funding development of the Penxstone, not for splashing out on shareholder distributions.

An the special dividend was a one off from a court approval to distribute the share premium reserve, not from any future ongoing profit.

I don't expect any dividends next year, when capital demands for work will be high.

The court approved capital reduction scheme has so far failed to add any shareholder value. Tough but true.

Is the company successful and debt free? Yes
Is the company's SP going to rise? Unsure
Is the earnings per share going to increase ? Yes
Are directors bonuses linked to EPS? If not they will be.
Who benefits? Not you

Argentina’s vice-president and former president, Cristina Fernández de Kirchner, has been sentenced to six years in prison and given a lifelong ban on holding public office after being found guilty in a $1bn fraud case related to public works.

Yes the company is delivering, but its baggage is holding back the share price. The spectre of the Pello placing returns at every opportunity, doesn't it ? How many more millions of 2p placing shares (not in sticky hands) to dump for 50% profit , how many 3p warrants to exercise?

Its not folk needing cash for Xmas, but placees wanting their cash back.

I thought the RNS was good to buy, but Pello and clients see it good to sell. So we are stuck in a narrow price range for the medium term.

The software robot that is self gender assigned an runs on auto speak all day is the single most damaging value attack on this stock. You look at its output narrative and think " If the company is paying for this fawning and failing PR stunt, and there is no other plausible explanation, then the directors are inept"

Ergo it's a momentum trading stock, not an investment for long term.

Once you realise that, you know why the capital reduction plan is having zero effect on the SP.

Until the robot is deactivated, nothing will change. A bit like Space Odyssey. Dave will have to cut off Hal's heid.

0.8p special dividend, already ex-div date.

Show me an African nation that says it is trying to protect the climate and I will show you a despot looking to trouser the COP27 loss and reparation fund to build palaces for his family.

Corruption rules OK ?

5p is the nominal face value. 29.5p is the market price paid

Natural resources such as oil and gas belong to the State, and by extension to the people, not the operating companies. They simply have a licence to produce these resources and pay an appropriate economic rent by way of tax to the State.

When these operators enjoy obscene profits because of obscene acts of war in faraway places, they should rightly be prepared to share their good fortune with the State so that the State can protect its people by using the tax system, and support those poor miserable folk under Putin's boot , facing a winter without any energy supplies.

When they have suffered obscene losses, the State lets them carry tax losses forward to better times. What could be fairer?

If Harbour wants to go elsewhere to avoid its corporate responsibility to the people who let it make money , then go for it, and in God's name go now. Farewell, my fair weather friend. Others with fill your shoes.

The BBC reports...

The latest list also shows Mr Johnson was paid £276,000 for a speech five weeks after leaving Downing Street.

On 14 October - a few days after visiting Mr Murdoch - Mr Johnson spoke to the Council of Insurance Agents and Brokers in Colorado Springs. He gave a 30-minute speech and a 45-minute "fireside chat" at the event.

This company is starting to resemble an Indonesian Rijkstaffel, a meal with more dishes than you can possibly consume.
There is no core focus to all of these acquisitions and new product lines; if it's something to do with insurance, we'll have it, or so it seems. A rush to acquire AUM with no mention of the LUM

It is also becoming clear that the group of companies is expanding ever more into tax haven territories and is marketing itself as the seller of legal tax management schemes. That might be fine but it's increasingly a non investible activity for a lot of folk who perhaps have higher ideals.

I read this morning's RNS with surprise, because someone yesterday clearly had heads up of "good news" and bought 1.75 m shares, only to learn that the company had bought something for nominal value and a share of future income. Nominal value means no value to the seller, so it might be a dog, or a turnaround but it has nothing to shout about on the path to 2B. It's miniscule and a distraction.

The big question is why the Guernsey acquisition is stuck in the mud. It cannot be for want of a pen, so it must be for want of answers.

That is why the SP fell, and for God's sake don't let GS do an interview to explain it. errm, errm, errmmm............

"What is with this an instead of and"

Scots dialect, just like Heid ( head)

If you look at a regular dividend paying oil share like SHEL, the spread is 0.02%, here it is 6.25 %. The whole idea of capital reduction on AIM is a nonsense . UJO is supposed to be a growth stock with capital gain as the attraction, not a defensive dividend paying stock.

It's a strategic mistake IMO

When the spread is 2p and the dividend is 0.8p there is no incentive to buy for the dividend as a trade, you will lose money.

Also the market makers are obliged to drop the SP by 0.8p on ex div date to maintain an orderly market.

And it looks like the share buy back has stalled after a stuttering start, because it's having no impact on the SP and would be a complete waste of cash which could be better employed.

So the capital reduction scheme has only one possible beneficial outcome....increasing earnings per share...usually the parameter of director bonuses

I think Mirasol is telling us that they have set foot in Stanley and done the hard yards tramping from Malvina House in search of Deano's bar to talk to the locals over a fried grenadier and chips. En route they found the office of DMR in a converted house already full of folk.

Ergo there is nowhere for another six folk to work, so why the job adverts?

My conclusion is to invest in Portabin ( Falklands) plc, because of the unprecedented demand for office accommodation