The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Traders selling on their c5-10%, but the SP is holding up well.
Think it should be a good day if they come back in but paying higher prices.
I'm sure there were a lot here that were a bit anxious, but now we have an amber light, if not a green light, ready to finally go - been waiting a long time for this.
GLA
Can't even sell £50 without it going to NT, only 4 out of the 10 'red' trades are probably actual sells, this just makes it looks worse every day with COPL, hence why ore pi's get spooked and then sell themselves.
Need sonething urgently just to bring us up, my fear at the moment is we have dropped so much, it will be harder to even break even in the early 30's at the moment. This is what his silence has done, I thought he had changed - obviously not. But if there are the 'billion' barrel, we should clear 40p easily.
Was even thinking of selling at a loss and then buying back in ever so slightly lower, that way I'd end up with the same number of shares (approx.), but will still end up even (and no loss) as long as the sp goes to 32p, so wouldn't have lost out at all.
Come on AM, help us a bit.
GLA
Must admit, I didn't sleep very well last night, with the SP at yearly lows even though we are worth much more, even without the RS report!
I've only just read Illusions post from last night at 19.42, I suggest everyone does if you haven't already, and also Tiburn's post today too (9.17), good to see some of the more respected posters here, calming us down and drowning out those seeking attention constantly trading this - part of the reason why we are down here I think, but there are other reason's including communication - a RNS confirming No Objections and something after the 18th June would have helped us.
I do feel better this morning after those posts to re-iterate why we are here, and long for the release of some very much needed positive RNS's.
Last RNS stated
'Closing of the acquisition of the assets of Cuda Energy LLC by COPL America Inc, is anticipated to occur sometime between June 18 and July 18, 2022.'
So can come at any time, I'm locked in anyway, but I'm going to say it anyway 'Wouldn't want to be out of this now!'
For those buying at these levels, you are going to make some serious gains, if all goes according to what we have been led to believe, even for those like myself in the 30's, we should still see very good gains too, I think, just need the 'pedal to the metal' time.
GLA
In my opnion...
This share has become predictable...pi's/traders buy on the Friday hoping the news comes Monday, when it doesn't, they sell knowing it will drop and then buy back in 1p or so lower either a day or so later or the Friday.
Personally I would't take the risk now (I'm 40% down anyway!) as we are so close to news, and could come any day now, I've waited 20 months already for some life changing news so I can treat my kids a bit, I'd be so p'd (and more) if I missed it now.
Placings haven't helped obviously, we are where we are for a reason, we can't change history (!), only look forward to what hopes to be some kind of life changing news in the next few days, if all goes to what has been promised.
GLA
Yes, the 150k was a 'sell' at exactly the same time as yesterday, so not sure what happened there - 2 trades exactly the same time for same amounts.
I think the 850k is a buy - why would they sell at 20.75 when the MM's could have sold at 20.50? A lower bid price.
Interesting few days, really hope it starts rising before the weekend and opens in its 30's with the CPR Monday with any luck! Goodness we need some.
GLA
Excatly BB2,
You'd be stupid not to be in IF it showed around a billion barrels (or anything above 500mill), I can't see how it would stay at this level with those figures, doesn't matter (to a point) if we don't have the figures now to show we are producing as much as we should, the fact we have the great asset should be more than enough to be well over £1, and for a potential take over.
GLA
Even if a RNS doesn't come in Thursday or Friday, it's more likely to come in Monday in my opinion, by that point, if the CPR is that good - which is expected given AM's comments, you would expect it to open in the 30's at least, surely?!
GLA
And there goes the 5%'s...
Lets get rid of them now, knowing whats to come, I just don't understand why they would sell, very little downside from here! Their loss, is our gain - eventually.
If Carlsberg did RNS's:
- COPL officially have CUDA - Increase in SP/MC
- Over a billion barrels of oil - Increase in SP/MC
- We have a potential offer from a major of £3+
All in one RNS
LTH very happy, Traders miss out on life changing ££ for ther families.
3 more trading days for potentially massive upside updates.
GLA
Morning All
AM mentioned about 2 weeks for the Ryder Scott Report, so that brings us to the week beginning 6th June, but don't forget Thur 2nd & Fri 3rd June are bank holidays, so expecting a rise before Wed 1st June, which leaves us only 5 more trading days remaining, before the long awaited report, but the report may come in a few days earlier, so hopefully a rise before the weekend.
God save out gracious Queen....
GLA
Base & Beesty
You maybe right in thinking he may have the RS Report. Purely from yesterdays interview, he never mentioned a Q&A for Monday afternoon, yet 24 hours later he has one, surely he would have mentioned it yesterday if he had the report?
Just logic thinking...
GLA
Shouston
You on Twitter or anything, where you could post anything and we can follow you?
Ask for Art's autograph (but fold the paper so he can't see the 'There will be no more placings, I promise to swear allegiance to the shareholders and will obtain the highest possible price for a take over').
Best of Luck and thank you for your efforts going all that way. Top Man.
GLA
DBH
I don't think its fair to say 'Grow some or get out as investing is not for you!'
A lot of people are around 50% or more underwater. We came in at the beginning of what should have been a massive increase in SP and growth of COPL, yet 18 months later we are half than what we started at. I think we get things off our chest if we want.
WWAL might have been in just, but still. I wish people would stop keep coming out with that line. It sounds so smug that some have got in a lot lower taking advantage of others timing - fairenough if you're newer to being in COPL.
Rosty
AM's buy means jack, some may say he bought knowing there was a placing to prop up the SP for Tennyson to sell at a profit, some may also say he will get something out from them, but who knows.
I don't trust AM after these 2 types of placings over the last 6 months or so, but I still believe in COPL, unfortunately, he knows that with pi's, hence will take advantage and do as he likes.
Its very sad many here are under water by about 50% at least, including me.
We have the next week to show what COPL can really do.
GLA