Member Info for Skwizz

Phew!
Thank goodness for that then.
:)

As I understood it, those 200Bn shares represent 1.5% of the company on issue.
That values the company at $1.2 Trillion.
And Aramco achieve phenomenal profits.
Their profit for 2018 was $111 billion.
So far they've never had to raise capital by issuing more shares and diluting the value.
:)

Was there not supposed to have been some this morning?
Share Price rocketing; Surprise developments; The second coming...
Just that I'm not seeing anything.
Wondered what we're supposed to be waiting for.

SAFETY ADVICE:-
Do not return to fireworks, once lit.
:)

To be fair, I find that with 95% of every day's posts here.
Most of the price "forecasting" appears to be from individuals whom nobody would normally address in the real world.
:D

Is there enough space on site to even do that?
:)

Which December might that be?
:)

Hope so, tkr.
I have never run out of willing takers thus far.
Happy to hold or continue as I have been (50/50).
I see futures in both.
:)

Just saw the caveats of the poll (900-1500), which I hadn't seen previously because of the number of new threads with the same title.
This lead me to think it was a general poll in belief of the share's general potential.
In that case, I am more of a 'believer' (for just those caveats).
:)

Someone who has an overall good feeling, but also thinks there are some issues which could still upset the apple-cart.
I still think there is good potential for the future from this share.
Both in real terms and in terms of speculative excitement (2017).
But I'm not a fan of the ease with which dilution is considered and applied.
I'm not as convinced by the management team's general approach to the financial and investment side of the business.
Some of their approaches leaves me with an impression of being unprepared for some situations far enough in advance*.

8I say this in the full knowledge that I am not in possession of all of the facts available to them and I am aware that others in a similar circumstance will have their own different views and opinions. This is just my personal feeling of what I can see, having experience of managing an £80M business myself - not an industry, or investment, fact.
I would welcome some more factual insight to some of the decisions and preparation being made on behalf of my investment.

So yes, I'd identify more as a' believer', but I also have reservations.
:)

Revtime - Just to update my earlier.
I have 4.75M UKOG shares atm.
I'm looking at above 1.1p for my first sells but believe that 1.15p and more should be achievable.
The question is by how much and when.
And those cannot be answered for you, yet, with any degree of realism.
Personally I still feel optimistic about UKOG, though I don't blindly accept most of the ramping posted in here (+/1), nor what the company press releases aim towards convincing me of.
Talk is cheap.
In a poll asking contributors what price they believe the SP might achieve on 31Dec19, my own guess was for 1.2p.
I now think that may be a little rich now, but will be delighted to be proved wrong.
Hope this helps.
:)

Yep, totally agree Sachs.
I do believe in a fairer and socially conscious system (not Corbyn's).
Unfortunately, I am forced to concede that experience of all attempts to achieve that have failed.
Every failure was caused by greed; The exact thing it's supposed to counter.
:(

"Life? Don't talk to me about life."
;)

I have just shy of 5M.
I buy to hold and to trade.
My hold's are not really relevant. I've traded enough that whatever they make is just gravey now (as our colonial friends might say).

The shares I buy to trade I will buy on the way down and sell on the way up.
So I buy at ever decreasing prices , assuming that they will rise again over a certain period of time.
My immediate concerns are for some I bought at 1p; 1.05p and 1.1p.
Without new from UKOG that would convince me to convert these to "hold" shares, in hopes of much larger rewards, I generally aim to make at least 5% in a week.
This has been hard to achieve with UKOG for a few weeks now, so I'm going to be quite easily persuaded to hold, if something positive comes out.
Otherwise I'll be happy to assume volatility will continue and sell for 5%, hoping for another fall soon enough.
:)

If JK1 gets an 'undecided group', would you transfer me to it?
I said 'Believer' but have some caveats to that.
They need to be dealt with before I'll feel comfortable enough to stop trading completely and put all of my UKOG holding into the 'long-term' pile.
:)

I really should wake up before typing of a morning.
:)

Indeed, Sachs.
Our friendly neighbourhood [share-it-all-out] Marxist current has an estimated wealth of more than £3M*.
[*Spears]

Indeed, some will always be more equal than others.
:)

I don't see an immediate effect on UKOG, until it starts producing.
If it's a production company, Corbyn has stated emphatically that he intends to tax oil company profits (even when they're contributing to the economy to such an extent that they're propping it up).

The Tories will be better for investors (which would be UKOG either way, as long as it doesn't fail and as long as there are some profits to be affected).

LibDem's; Meh. Though they have not capitalised on their 'Remain' potential and are not a contender, they have a Green streak. They would likely be worse for UKOG..; Again, If they produce.

Anyone else is not in any real contention.

My bias this time around is towards the Tories and that is how I shall be voting (even though I have previously voted for Remain and Labour).
:)

To be fair, the Saud's are already quite cross at those who sign up to cuts and then don't anyway.
Cuts of 500,000bpd would be nice, if they can be achieved.
Unlikely to affect UKOG until it becomes an oil producer though.
:)

I have rather more in oil majors than UKOG.
Different strategy for all three though.
I'm holding one major and trading the other, doing both with UKOG.
I haz a happy.
:)

You the same guy who knowledgeably confided that the SP would rise above 1.05p yesterday?
Seems like you could use some soggier tea-leaves.
:)

Believer (but not blindly).

:)