Member Info for tomhuk2000

319,383 Topped up!

Time to commit before it’s too late I reckon. GLA

I agree. I’ve been a holder here since November 2019 and topped up again last week with 500k @ 5.4p.

I am definitely going to buy more, it’s just I’ve been waiting for my funds to clear from a recent sell and now we are hovering around 6p. Where are those manipulating mm’s when you need a dip in sp! Lol

Funds cleared and waiting for an entry point to buy in one last time... what’s the chances this will take a dip in the next few days? Or should I play it safe and buy in at around 5.99?!

I don’t want to miss the boat, but also don’t want to be too hasty

Late Buy of 380,000 at 5.90p after hours

ITE on the TSX up 10.5% today.

I3E 20 to 1 in favour of buys.

POO $53+

Any guesses on the SP on dividend and farmout news?
(A couple of of oil pals have wildly different estimates)

Buys outweighing sells 18 to 1. Small volumes today but a positive ratio.

I am expecting a steady stream of news in Q1. Firstly a production update for the Canadian arm of the business, followed by the confirmation of the Dividend, then potentially news of a new Canadian acquisition (only a matter of time given the list that Graham and Majid stated they had targeted)
Finally, hopefully pre-March, news of the Farmout. This, aligned with the rise of POO, will be the catalyst for the major rerate.
In our current state I see a steady rise to 6p+
On positive dividend and Canadian news, a return to double figures 12-15p
And on news of the Farmout, a multi bag rerate from there. Based on WH Ireland’s broker note, this could be a significant rise.

Despite my initial reservations regarding the logic of introducing a dividend when the profits could be reinvested elsewhere, I now feel that it could be a wise move. What I3E has lacked in the past 14 months is positive sentiment, a dividend could turn that around and attract some more long term investors rather than short term profiteers. Subsequently SP rises will gather momentum rather than instantly falling back due to sell offs from ST investors happy to skim off a 10% profit.

As always, DYOR and all IMHO, but the outlook is rather compelling

GLA

Buys outweighing sells 4 to 1.

I’m hoping to top up again by the end of this week. All the metrics seem to be nicely aligned for a big rerate. I’ve been a holder since Nov 2019 and for the first time I feel confident rather than hopeful.

GLA

https://oilprice.com/Energy/Crude-Oil/Merger-Mania-Is-Transforming-Canadas-Oil-Scene.html

I would normally agree, however my plans have been adapting to the whims of the hurricane BOD for the past six months and despite believing hurricane can at least repair to 4-5p, I would kick myself if I left my money wallowing hopefully here whilst I3E multibagged early 2021.

But each to their own, normally I subscribe to a steady patient approach and have done very patiently with HUR for quite some time, but today I see greener less risky pastures

I’ve finally sold my 1.1m shares. I wanted to hold out for a 3p+ exit but I am expecting big things in a transformational Q1 from I3E (I3 Energy). Multiple Canadian acquisitions, a dividend upcoming and a farmout for their North Sea fields imminent.

I’ve waited patiently for HUR to prove itself and have made a few profitable trades. But having averaged down to 3.5p recently I feel my money is safer and better utilised in I3E.

I may buy back in for a few small trades but I certainly won’t commit to 1million+ shares as a LTH anymore (unless the BOD sorts itself out)

GLA

I wonder if the new Brexit deal will have an impact on the SP next week?!

As mentioned before, I see no point in being a LTH hoping for the bounce back up to double figures. The RNS put paid to that strategy.

Now I’ll be selling my holding at 3p+ and milking the coming few months of 10-20% rises and falls between 2 and 4p.

I think this is the only profitable approach to this stock. But I’m determined to profit from this company. GLA

Well, that was one hell of a poorly written RNS.

I think long-term holders here like myself can no longer realistically hope for a near-term rise to double figures. We have all been waiting for the new BOD to prove themselves, and despite an honest approach from them, I have little confidence in their abilities to see us through the coming months with any great assertiveness or competency.

I will be holding out for 4p (my average is 4.5p.). At this point I’ll be selling my 900,000 shares and changing tack entirely. No longer will I be a supportive long-term holder hoping for double digits, instead I will be milking the inevitable 5–10% fluctuations over the coming volatile months, reinvesting profits in more promising company’s.

Good luck all

Second day on the trot that buys outweighing sells 2 to 1 and yet no real increase in SP to speak of.

I’m hopeful of the RNS hitting 7am tomorrow (a pure guess based only on the fact that the last one was on a Friday)

Buys outweighing sells nearly 2 to 1.

Well there are three likely outcomes IMO and my guesses on SP vary accordingly.

Year end with no RNS - 4.75 to 5.5p

Year end with a positive RNS (sandstone reserves looking positive and FWP reassuring investors that refinancing in 2022 is possible or likely) - 10 to 15p

Year end with negative RNS (reserve estimates accurate at kitchen sink levels and sandstone is a dud) - 3 to 4p

All my humble opinion and based on the the market reaction since the 9/11 kitchen sinker and prevailing sentiment.

GLA

Filtered. Crikey!

After hours buy of 725,000 shares at £33k

Let’s hope we maintain the momentum through tomorrow GLA

It will be interesting to see if majorboy is right with his prediction of big news on Thursday!

Seems like something is brewing

I’ve just made my final top up of 2020. Averaging right back down to 4.5p now. As POO rises the outlook seems rosier and after the devastating kitchen sinker, future short term news must be brighter.

Maybe I need my head examining... but in for a penny in for a pound. GLA