Member Info for TrekMadone

All buys now NT

Trek

20p!

Wow loving my TA skills! I wish! Lol!

Usual caveats

Trek

Doubled up today. The scale of opportunity here is quite frankly staggering!

Also factor in the horrendous Russia/Ukraine situation and consequential stranded assets. IF this does land their could be a bidding frenzy given the price of gas and that it is more widely accepted as a transitional fuel.

Gotta be in with a chance to win!

There’s more chance here of 10 bagging in a short space of time than anything else I am aware of!

Usual caveats

Trek

Well said SeaTank,

I have bought back my first lot having seen the SP reaction, managed to get 114. Was hoping for lower but didn’t come.

Can’t buy now direct as NT.

Always intended to average back in.

Will see what next week brings!

Good luck with your investments

Trek

Well when I said nice little bounce I didn’t expect that!. Luckily I bought near the bell having escaped with a small profit from SEPL yesterday by the skin of my teeth!

Usual caveats

Trek

Yep agree financials, ops and newsflow all looking much more promising now and a nice little bounce for the TA showing us heading back to 20p.

Back in now, first lot anyway as have to free up funds but in to stay now for some time at least!

Good luck with your investments

Trek

Interesting comments on croda’s results from alliance news. We could take a read across…

‘ Elsewhere, Croda International backed its full-year forecasts following a strong start to 2022 which saw the firm "successfully" mitigate inflation pressures.

The specialty chemicals firm said demand was particularly strong in North America and Asia. "Notably, April sales in China were ahead of the prior year despite local Covid-19 lockdowns," said Croda.“

Usual caveats

Trek

Been a heck of a lot of activity on the ground. Well summarised in the RNS and updated ppt. Plus interviews.

Mostly good but very good for this young Co. Lots to look forward to.

Now back to work!

Usual caveats

Trek

I sold SEPL yesterday possibly just in time but with a view to getting back in cheaper.

As for the impact on SAVE, I don’t think it’s a case of being interested more of a case of watch out!. One step forward and two back for Nigerian ‘regulation’. They just can’t resist it!

Worth reading yesterdays posts on the BB there.

Usual caveats

Trek

118 UT Temple,

Would t be surprised if there is a scrapped together RNS tomorrow.

I am selfishly hoping to start again here around 100p. That knocks off around more than enough for the Exxon hope imo.

And if it’s all refuted in a RNS. This market will still likely give it a kicking purely because ‘it’, uncertainty, happened again in Nigeria.

Usual caveats

Trek

I agree I have now had time to read and absorb. It seems to me that basically SEPL have gone about it the wrong order. The requests need to come from MNPU. SEPL have therefore been told no or rather no go and submit it in the right order and by the way national interest (how ever that is defined) will have priority consideration.

My simplified take on it. But translated to investors it means delays, legals, jobsworths, etc etc.

Making an assumption that the SP has moved on the back of POO, improved ops and has factored in the Exxon opportunity then it seems sensible to assume it will pull back. If of course there is truth in this.

My guess is it looks credible and my money is on the side to average back in at a later date after all the argument for African HC’s/Russia etc still holds true.

All conjecture but as I see it.

Big thanks to CaneToad for sharing his/her excellent sleuthing. At least we were in the position to make a decision. Thank you.

Usual caveats

Trek

Hi O&w,

Still a buy imo but after this resolves. May get +8% divi if sp takes dip.

I am prepared to buy mine back for the bau assets.

Usual caveats

Trek

Hi JC,

I posted Nrin’s comments.

This is the problem with ‘cliques’. Like it or not hares are set running. Not switched on. Flipping naive!

Yes I have emailed Co before. No reply but I will again over this and suggest he does an interview for all!

I also have a big position here for me. 4m shares which I intended to build on as the company grows.

Good luck with your investments

Trek

Thanks for posting. I cashed some out.

Oil is holding up even though the narrative is now about slowing growth but Sepl having a bit of a dip today.

If this gets wider unanswered coverage then there could be a bigger dip even though it’s not fully priced in.

I would rather have some in cash as can always buy back in even if it means loosing a few shares.

Good luck with your investments

Usual caveats

Trek

“ I'm very happy that all seller issues are being if not have nearly been resolved and we can move forward.”

So what seller issues? Which ones are yet to be resolved?

It’s ok saying RM is ‘switched on’ but it doesn’t sound like that from where I am sat. If there were issues that have been so significant to cause this SP drop then why is only a select group of investors in the know and not the market.

This should be followed up with an RNS reach or interview. It really isn’t the way to run a business.

It just leads to miss information and against this selling that is not helpful. Far from switched on!

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Trek

So if this is true then there were issues which were significant enough for huge selling out and those issues which we [market] know not of ‘have nearly been resolved’!

What bunkum!

Enjoy your ticks and don’t spend them all at once!

Usual caveats

Trek

Looks like others getting their certs as price below 5! Unbelievable!

Orderly market my backside!

Only excuse they can hang on to is the biotech sector as a whole has pretty much collapsed. Even quality stocks at +12 month lows.

I have 33 stocks on my tracker only APH is up over a year of the smaller ones. GSK & AZN are up but there is no appetite for smallcap pharma/biotech .

Outside of a special situation it will take a sector sentiment change to attract money and there is hardly even any M&A which given some valuations is very disconcerting!

No wonder folks are selling. It’s likely to be cheaper tomorrow!

Usual caveats

Trek

Other than guessing that UBS are working their average I have no idea what they are doing. Also vols have been near zilch and I haven’t noticed a requisite number of trades here to warrant a TR1 shift.

Perversely I am hoping this goes lower now as I will soon have winnings from elsewhere to invest.

A dummy buy earlier gave me a quote of 99.8p for a small amount. That’s what I am hoping for.

Good luck with your investments

Usual caveats

Trek

I have picked up a few for a punt.

Didn’t really like their corporate structure or scatter gun asset approach but if this comes off it will be transformational.

I would assume on success CLON would be bought and the rest of their assets sold or ditched.

Anyways it’s still a 1 in 3 chance so I have decided to punt a small amount for the result rather than go in higher with a view to selling half ahead of the drill. Could be summer hols paid for!

Usual caveats

Trek

Hi how do the costs impact this. Surely this can’t be right £355 for each £10k invested (3.55%). That’s a huge chunk of the 6.43% yield (google finance)

https://www.fundslibrary.co.uk/FundsLibrary.DataRetrieval/Documents.aspx?type=packet_fund_unit_doc_priip_kid&docid=4b80e7e9-4c0d-469e-b253-ed28b9494d89&user=f6hJ47zYjMq2yu3ynygFCy7X9ogBuGZEWHz5Z6BJGq8%3d

Usual caveats,

Trek