Member Info for toptiger

your 7-800 pounds contribution to the cause is highly appreciated by us though :-)

yes prob wont move the needle

once shorters have been seen to drop this as far as it will go, i think the buyers will return and should be fairly swift return to the 90s

thanks stocky, if that was ST i'm surprised he didnt wait until next results.........shows the value...

agree craig, being slowly walked down

oh dont we love a falling sp to bring out all dheads onto the board, mind you better than advfn

very sensible post stoodio

volume is pretty much average on the day so prob just an organised walk down, will bounce back to the 90s would expect

Ross,

if you are worried as you say, then definately dont average down, just sit tight

might look at thungela, must something not quite all there and coal not exactly the in thing but will look

Chatmandu,

log into advfn or create an account and we can discuss aoi over there, i've just watched their q2 results webcast so am clearer now on all things finl and plans for kenya, divs, venus spud etc

i think its more important ton pick sectors, that way balmost any dog in the show will do well

i think covering all sectors with 20 or so stocks is too many for me, past 10 or so your getting into inferior stocks

velo,

would be interesting to see your portfolio when you re-jig it, i personally like to see what other people are into, or maybe just top 5, and especially the US/tsx stuff, which can both provide crazy returns if you pick the right man with the right shovel and right piece of land!

rarely does the uk produce such companies

my main concern at the moment Velo is that fact that the ftse is not exactly setting the world on fire and this despite a very strong US mkt

As and when the US corrects, and consensus is that it will, the effect here will be felt

I have a friend in Canada who just buys the popular US techy stuff and does pretty well, but its just too easy over there, here, we have to do a lot of research to find real gems, even then they barely move (ths springs to mind but will come good)

i dont think this situation can last too long.....covid is still around and dont think all effects been felt yet

bloody hell,

if it stays this quiet might have to turn this into the slp/aoi thread :-)

@chatmandu,

do you have an advfn account ? if so come over there and we can discuss on the aoi board (just me and ray, very quiet board for such a great stock)

i also dont want to put too many financials on here partly because i dont want to come across as a ramper (never understand why people ramp anyway, the amount of extra buys you might encourage are trivial in the long run but there you go).

The other issue with reporting AOI stuff is that there isnt that much consistency with dividends as prime decide and they always arrive, but sometimes money help in prime account, either way we get it in the long run

either way, the revenue (almost counts as income as we only have 39 employees) is huge, the debt as you say mostly gone, the exploration upside pretty large (all carried), the other investments worth a lot and kenya proven but needs a pipeline

nigeria is the real driver (though some buy for the exploration upside, also fine), barrels are increasing, lifting costs $6 ish, so you can work out on 32k barrels a day how much they make....all that for a 700 mill cad company

if you dont like oilies then maybe dont bother, if you want an oily in your portfolio, dont think any better

up another 3.5% in sweden today (cant see this spike being held, however its a revenue driven spike not a discovery driven one so.....maybe it will. regardless, future much much bigger than this price

has similarities with ths and slp, can see the huge revenue, its real cash flow, and they are as aggressive as ths

this was fairly inevitable, ths and slp are about 30% off their highs and they are far far better than jlp, so sadly this is just your turn to correct

Chatmandu,

I'll do it on a quiet slp day because the cash flows are lumpy and generally I think at the discretion of the other prime partner.

Have just seen a dcf quote on aoi Facebook group of 70kr, current price 11, prob bit high but we'll ....also think after last week's break out will prob drop back to mid 1.50s

chatmadu,

i'll outline the case over the weekend as its late, and there is an AOI thread on advfn with me and just 1 other guy

But will outline the case here and answer a few questions, or you can mail me at advfn

anyway, they are slp / ths esque only far better. they remind me of slp in the early 35p (for me) days

to answer a few of your questions, they are:

1. yes, exploration through stakes in other companies (eco, AFE (tsx), impact oil and gas (private)
2. they are a producer, 30k barrels a day from 3 big nigerian fields
3. kenya, 25%, 700 mill barrels in place (est)

prime is the nigerian vehicle, which they own 50% of, which generates huge cash

so they are a vehicle, dont really explore themselves, so not too much risk, and the jewel is nigeria

upcoming venus offshore namibia by impact, where i think 2 bill target, 30% cos from memory

the reason they are so compelling is the income and little expenditure as they are mainly a vehicle.

i'll give you one of mine, onje i have mentioned before, and if you think SLP or THS generate huge amount of revenue at a great margin, then the oil equivalent is.........

look you lot, its really not that difficult, the UT is almost always at 16:35, so check trades on this site and it will say UT at 16:35, which todays value is..............................

103

any trades after that are delayed so ignore them, they will go through on google though and distort things

looks a genuine close as well, not a spike

ic,

money management while trading is extremely important and often overlooked. while slp were prob worth 140 or definately your 112 average, the stock mkt doesnt always see it that way, so you have to hold buffers and there is nothing wrong with selling some at any time at a profit.

commodity stocks (why i love them) are fairly easy to trade because you see the value of the underlying, cant do that in most shares, so just trade it.

and regardless of what we all think about a company, its what the mkt agrees to that matters, and it always gives you opportunities at low prices with nothing wrong with the company.

covid did this, as did the SA unrest etc. so be patient, to not state the obvious, lower entry points ease the nerves and allow you to hold longer