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Hi all.
So pleased to get this RNS this morning. Spot on, drilling starts on Sunday. As a long term share holder really pleased that years of work is coming to the boil with drilling imminent.
I am pleased with the constant up date from the ceo, any early signs of oil will be reported which makes this exciting,
Very big chance this will be reported in the weekend press, Monday morning drilling will be underway and an exciting few weeks ahead.
One oil strike and the share price rockets.
Well done to Empyrean, Good luck ??
Steve Lauretta and swingy
I did similar equations to you guys weeks ago when making decisions regards increasing my holding.
I like you came up with some great numbers even at very conservative estimates including high recovery costs.
Even selling any oil find with the oil in the ground at $7-8 per barrel the figures looked good.
With no oil find a just a valuation on proven gas reserves and other projects looks good as well.
Hi
Today is the last day of the tax year for many, it will suit a lot of people to take a loss today or indeed a profit depending on individual circumstances.
This is getting exciting with the drilling rig in place by this weekend and drill from next week, sea conditions permitting.
The news will land regards gas reserves owned by the company which will easily justify the present share price before the oil drill .
I expect renewed buying from tomorrow in the new tax year.
Good luck all investors, exciting month ahead.
I have been watching some company share prices go down today, I expect it will suit some to take any losses today for tax reasons. Tomorrow is the first day of the new tax year for many and could see new buying.
I have a small investment here because I cannot believe a large chain of well branded convenience stores could go bust for a relatively small amount when the chain is revamping stores and is well placed to put recent problems well behind it.
Ldakmail and Inphobe.
Thank you for your help , I will be tuned in an 10am.
Good luck
Hi
I have been looking on GD website and I cannot see any way I can watch or hear the presentation today at 10am.
Is there a way I can watch it , there must be!
Help, Please
What a drawn out affair this is : I understand that McColl’s had supply issues during lockdown but those days are over now.
This company has spent millions setting their stores up to sell Morrisons products. To increase Morrisons market share and profits.
They employ 16000 good people and have over 1000 stores serving communities throughout our country. The Asda owners walked away because of McColls commitment to Morrisons. The Morrisons commitment blocked this company being saved.
If Morrisons are now going to allow McColls to go bust so they can get selected stores a bit cheaper then I feel this is a dirty trick.
The jury is still out on the American private equity owners of Morrisons and if customers should carry on supporting Morrisons. I say come on Morrisons do the right thing. Show us you actually care about communities and our people and not just American style profits.
This is your time to shine.
Big week on the market this week ahead of drilling. A big couple of weeks awaiting results or news. A positive drill will multiply this share price from I guess 15p at the end of this week to 4/5 times that.
Good luck all
Hi Jk
The share price will be at 130p in the morning, it may go higher if another bid is expected. First bid is always a low one.
3 possible outcomes
1. Another interested party will enter the bidding, they will bid more than 130, if sycamore are serious they will better that bid ( there could then be a bidding war )
2. There is no other bidder, the board will obviously reject 130p , if sycamore are serious they will increase their bid, this could happen more than once.
3. The board reject this offer and sycamore walk away, which is unlikely. If this did happen one would have to ask the question why they have even bothered doing all this to make a laughable offer to walk away wasting their time and money.
If they did walk away some might ask the question: did they buy shares before they bid at say 90p and are they selling before walking away at £1.30. Surely not.
I have posted on here before now that sycamore are serious and wealthy investors. I believe they are but obviously 130p isn’t serious, so it is now a case of wait and see, I believe we will see offers getting to approx 170p, would this be acceptable ?
Great news, 2nd of April drilling. Big week for share price next week and beyond.
I pretty proud of being a shareholder here and take my hat off to the management of this company who have been through testing years getting to this point. This point is introducing to the medical world a life changing progressive step in the care and well being of new born babies, not to mention the parents.
All maternity organisations have got to be interested in this progression at not a massive cost as well.
I am so looking forward to the 31st of March, Thursday next week when the company are presenting on the future of the company, adoption/ roll out of the system.
Share price was 40p three months ago and 80p six months ago in anticipation of getting to todays point.
Friday can be a slow day but I expect a great sp week next week and beyond.
I see the price is rising, still excited ??
BTFATH:
I’ve been buying EnQuest for a couple of weeks ahead of their announcement on Thursday this week. I’m excited about that as well as Ted Baker.
Looking forward to seeing this pan out, well bought here, drilling ready to go in the next couple of weeks, and an extraction deal in place. More investors will appear when the drill is on its way over I’m sure.
Good luck all
Hi People
I am surprised, this company is now a takeover play. Sycamore are serious and wealthy investors. Any bid would shake other wealthy investors out ( a certain wealthy existing investor ? ). It was all over the weekend press both Saturday and Sunday.
The share price was £1.60 six months ago. £2 a year ago and over £4 in jan 20.
The company has put problems behind it and is heading towards profits and is a great Brand, now this has been published the share price I feel would stick at around current level without any bid.
To succeed any offer would have to be north of £2. So this looks exciting to me,
What surprise’s me is that today on here there has been 7 posts! More RNS than posts. 1238 trades and the company monitoring all significant trades ready for a takeover bid ? Yet next to no comments. Just seems strange.
Still I’m excited, I’m working in markets everyday and am looking forward to see where this goes.
My view is that this share will never trade on London market again, The London market doesn’t have to allow trading to resume, there are influential voices calling for suspended Russian companies to be struck off the market altogether.
If it does get struck off then there is no chance whatsoever that any western market or US market will undermine the sanction by taking these companies into their market place.
It certainly won’t be the case that when the fighting stops things will get back to normal, there is the matter of who pays for the billions in damage and destruction Russia has caused. There is the possibility that the majority Russian owners could take this private, but carrying on has normal isn’t going to happen this year anyway.
I guess anybody buying these shares right up to the suspension should have known the risks, there were endless warnings out there.
This looks very good to me, Don’t think this is on many radar screens right now but will be soon,
Clear timeline for drilling in a proven field. Drilling starts in just over 2 weeks. Partnership deals sorted to extract oil if found.
Same risk of oil extraction not be financially worth while if oil not found in big enough quantity as any mining drill, but well derisked and potential for massive share price rise in the near future.
I,m in and looking forward to the coming weeks. Will be buying more early next week.
Hey Damo.
Don’t let the look of the spread put you off, I have been buying today and checking the spread with Dummie sell quotes. There is always around 0.25-0.3p of a spread.
At the close today buy was listed as 4p sell was listed as 3p
If you were buying it was 3.48p or to sell the quote on my HL was 3.25p. It’s not what it looks like ??
I cannot see how a director wanting to take a small amount of her investment for her private use isn’t significant at all. She is still a large shareholder.
What matters to the investors is the continued growth and profit of the company, The results speak for themselves and right now this company is signing customers up faster than they thought they would in todays environment, beating expectations constantly.
This director could have sold on the high of the results but didn’t, any business owner or shareholder has a perfect right to take some money out .