Member Info for Thebhoys

Good on you tomhuk2000. Don’t worry about the dips we will do very well. So just keep buying in the dips let the ups take care of themselves.

Just load up and get some nice returns. Hurricane is very much undervalued and we will see that in the next few weeks. What PIs have to do is stick to their game plan and invest what they can afford.

Nice to keep us PIs up to date H202. According to my computer the SP is up 9.5%. Great buy another 50k in the bank. Could only get them at 3.7 but happy at that.

I totally agree Steven49 I believe P. Levine will produce the good and have always implied that. The market obviously doesn’t buy into the RNS the moment. Just keep purchasing shares when you’ve got an extra few quid available. All good things come to those who wait.

The problem PPC have is P. Levine word doesn’t wash with the market based on prior RNS. That said I’ve always held shares in the company because I believe there is very good upsides. Unfortunately that’s not going to happen until there is confirmation that the wells will produce and not on a 75% prediction. We have to be patient and see what news Mr Levine forwards to the market.

It’s not a case of insolvency because I dint think this will happen. It’s a good company but badly run. I agree with TEX regarding Mr Murdock but it doesn’t solve our dilemma. We are completely out of favour when it comes to market sentiment and suffering at the hands of a board that , IMPO, don’t have the ability to change their ways and adapt to the markets current trends. I became a shareholder because I really believed in the company as whole but my resolve is slowly diminishing. When it comes to MCRO my heart rules my noggin and unfortunately always will. So let’s hope we get the change necessary or I’m going to be out of pocket and nursing a reasonable loss. So I’m on TEXs side of change is necessary.

Good morning all. TEX my concern is since Mr Murdoch taking over the SP was around £12 to £15 not sure. It went to £20+ to its present SP. This is all happened during Mr Murdochs time at the company as CEO. The drop in SP started around 6to 8 months prior to COVID 19. The lack of correspondence is my Maine concern and indeed them not mentioning a share buy back. Mr Murdoch has been in his present position for 2 years and during his employment we have endured poor results. I am frustrated with all of this and his position has to be viewed as deplorable. At my average selling is a no no. I never thought for one moment we would be in this position since the demise of Mr Loosemore.

I’m in and staying put PATTS. There’s no doubt it’s a strong company but it’s a bloody pain in the rear . There’s absolutely no market sentiment towards us for some reason.

Logic does go out of the window Monty. I keep telling myself to sell and have been for months but for some reason my heart is ruling my head and tbh it’s got to the point I will have to ride it out. I for one will not give my opinion on what way we are going up or down take your pick. What I do think is they will not reinstate the dividend until 2021. I honestly hope I’m completely wrong we could do with some decent news.

I totally agree that if Schroder wouldn’t have stepped in it would have slid. This pandemic has shown many companies how comfortable In their jobs BOD have got . The problem now is when times get hard and tactics/ direction have to be changed they are struggling to guide good solid businesses like CPI in the right direction.

Ppl have to stop blaming the government. They say that the government are sending out mixed messages! 49,000+ ppl dead sends me a clear message look after yourself and keep distance from others. It’s all common sense not the rule of 6 which is laughable. I’m a long term holder here and it’s a great company but i will not buy anymore because I’m not sure.if it’s bottomed yet.

Difference with HUR now is the change of CEO telling the market the state of play. It’s going to be painful short term but the board need time. Who knows what production figures will be in 2021 but we know it 12000+p/d at present and that better than other companies that have a higher SP with less projects moving forward. It’s all ifs and butts, we will see in a few weeks as the dust settles.

Let’s wait and see bransonbull. Let’s not crank on and let the market settle and see what happens or who is correct.

It’s only a couple of hours into the new trading week. If anyone thinks there is going to be an instant bounce after Fridays RNS are clearly over optimistic. This new CEO has a very good standing within the sector and he needs a little breathing room to rectify the misgivings of the last CEO. I’ve invested to bring down my average but not to sell. I’m holding as I’ve always done but I am going to let the new BOD strengthen the books.

T1977 I have welcomed that honesty and certainly makes me feel more confident moving forward. Transparency is key and stakeholders ,shareholders will and should embrace this.

Ironside will get his 3p it’s just a matter of time. I cannot understand jumping ship when the SP is holding and going to increase.

Nice volume TM01 I’m sitting on 1.34 m and going up to 1.5m on Friday. I will be sitting on them for the foreseeable future. I was holding 767k when it hit Friday did not expect that but held anyway and obviously added to bring my average down pal

Good morning TM01. Totally agree just added another 120k. I will add again Friday.

Ironside your getting mixed up between being scared and bored with reading the same old doom and gloom from you. It’s continuous negativity that people don’t need to see over and over again. We get your frustrations but let’s leave it at that. Some of us on here stay positive regardless of losses and know that the share is undervalued. I’m not going to go on about why it’s undervalued and let individuals make their own assessments.

You will see 3p so not to worry.