Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
The chairs have been shuffled around. Time to start getting some positive outcomes. Wressle will be a good start but we really need to see some movement on the Irish licences. I have held this share forever, or so it seems. A feeling of any significant progress has been completely absent over the last couple of years. I am willing the board to deliver. I am sure others are too. Let’s see if they can.
IF It is all so easy why isn’t AME, who have rigs, skills even safety boots and all the other kit, busy on their own account producing vast quantities of oil and wonga? Sorry to be so cynical but we have heard a lot of optimism from Horse Hill etc before and yet virtually nothing has hit the bottom line. We need evidence of production results, better communication and regular updates for the U.K. assets.
Well I didn’t see that one coming!
Advantages: Surrey CC Planning Committee not involved. Swampy unlikely to get a tolerant reception in Turkey (unless on holidays of course). Jam promised tomorrow and at a cheaper price than at Horse Hill etc.
Disadvantages: Well there can’t be any surely?
It was the rock Dr's narrative of Tapi Aki etc. that drew me rather naively into this share, so not too happy with the rns. I am carrying a 4.62p average on the share and I do like the progress that Martin Hull has made since he took over. I wish there was more transparency on the day to day activities, production and related progress, to make it more possible to get a feel for the direction of travel. No doubt some will bluntly tell me that the direction is patently obvious! I shall average down where possible and unless there is a significant change, be heading elsewhere. Not one of my better choices!
Fully agree. The management behaviour feels as if they, not we all, own the company. Granted they have decent holdings in the company and we are all seeing an increase in the sp today, but I would also like to be part of the whole journey. Even so I have real confidence in this share. I first encountered the activities of Martin Sorrell when WPP took over Millward Brown in the late 1980's/early 1990's (can't remember exactly) and I did very well out of that.
BlackHopper I respect your clarity of thought in the way you approach moving from one investment to another. With RBD I too have expectations that have to date been unfulfiled. I wonder if the approach of RBD basically as an investment company rather than an oil company (such as UJO) is the brake on sp rises here. I would very much like to see the sp progress in the manner you suggest. There is however 'many a slip twixt cup and lip'. I have seen on twitter (if we trust what is reported there) that those opposed to the WN site activities are starting to get vocal. I hope their activities do not cause delays and that Rathlin have factored in any containing measures that may be required. Have a great day.
This should fall squarely on the shoulders of BooHoo as well. They have a duty of care. There has been plenty of publicity about the sweat shop conditions of the third world so they know full well to ensure it does not occur anywhere.
BooHoo has been far to slow to respond to this issue. It was highlighted in various ways throughout last week and only today do they put out an rns. I hope the appropriate authorities use this opportunity to investigate this matter in depth as perhaps this is only the tip of a very large iceberg. The rise and rise of a share such as this if it is on the backs of poorly paid labour can only end in tears.
If the need for acidisation is a normal activity I am surprised this was not anticipated and proactively prepared for. When the rns for testing a gas well carries comments about ‘nearby’ wells producing 1mmscfpd I am wondering what they are expecting from this well? I am getting rather concerned for this share and holding on for WN which, I hope, will meet the hyped expectations attributed to it. Today’s rns is not going to raise the roof IMHO.
I followed this share for a long while now. Increasingly I have noted the background chat concerning the buyout of the chairman’s son’s stake in PrettyLittleThing and have felt this was tainting the otherwise relatively smooth progress of news. Last night (30th May 2020) I received a story in my twitter account of an article in The Telegraph headed, “Boohoo faces $100m US lawsuit over ‘false’ prices”. The claim alleges ‘fake promotions to mislead shoppers’.
What is actually going on here? Thoughts anyone?
Thank you Tacuma. Reading from the link information I suspect that rather than trying to make an immediate purchase in the usual way then I may have to try a limited purchase order. I am trying to average down but with the spread at its' current level I woud be paying over the odds. Never-the-less I am curious that the sp is yoyo'ing so much each day recently (8%-12%) if the volume is so low to impact the spread negatively. Can those buying and selling really be making anything I wonder? Food for thought. Much obliged.
Thank you so much for the link. Real clarity of thought expressed. It will be interesting to see were we go from here. Regards, Seedcorn.
Hi Jeevescat, I've not really been following the discussion here for a while. I first had ITM on my watch list for 33.5p and regretted that lack of funds prevented me buying in. I've just sold part of my holding in PHE on the recent rise and would hope to buy in here but the sp is, for me, way over the top at the moment and this rns confirms my view. It would be nice to see other analysts opinions if you or anyone else has a suitable link it would be much appreciated. Regards, Seedcorn