Member Info for TrekMadone

Unusual, must be confident and trying to cut off shorter.

Trek

It may be that the market wants final test results. After the shambles at ECO, where they sat on the fact it was heavy oil for weeks who can blame them. PB is clear though, let the numbers talk, and they will.

Trek

Basically it’s often the case that they don’t complete the TR1 form correctly. The 4.19% should have been in the previous holding field as it was more than 3% declarable.

When the placing shares are listed we may get some other TR1’s if the placing changes existing holdings by a %. I haven’t gone through the major holdings to work out as it matters to me not. But if the do then the ‘x’ will be in the field titled ‘An event changing the breakdown of voting rights’.

Sorry for those that already know this but you may (probably not!) be amazed at how many TR1s are not completed correctly.

Trek

Agree, looking at the trades feels like PI panic rather than big sells but I wouldn't be surprised to see a few late reported large sells. Sooner we get a changing of the guard the better imo and that's why we need volume.

In 6 months time 25p could be viewed as a missed opportunity like 12p. Mind you months and aim don't normally appear in the same sentence!

Trek

Just wondering if we should get an RNS for tax paid, agreed it’s not normal but the size of it is significant. I guess it may be in the final update together with the other financial confirmations. Mind you we could do without any more good news!

Trek

Exactly, too much gas, too good a pressure and bigger targets to come. Lol! It's volume that drives the SP either way and so far less than £300k traded is not good enough. I guess at least it means ii's are sticking around but they're not adding.

Just need to be patient and wait for the instis to adsorb the news and the impact on finances.

This imo is one of those times a pi with cash as an independent decision maker can get an edge on the market

Trek GLA

Imo this will rerate soon and when it does it will be in a blink. A 2p rise and buyers will pile in. Whilst documentation completion and additional share listings may be a catalyst I don't think the rise will be RNS driven. Thinking logically news hasn't taken it down it's been lack of news. Also good news hasn't taken it up ergo this will rise in a blink on no news. It will be driven by one trade too many and a MM caught with a thin book then boom as fomo kicks in. ATM everyone is just being blinded by research and data expecting a rationale explanation. Aim doesn't always work like that.

I just hope I can get some more in here from TXP and I3E before it does.

Trek

Hope those that could grabbed some. If not imo not too late as there is much more to come.

Trek

All about DYOR, well actually that may not even help. I lost on XEL years ago due to disingenuous executives, just look at ECO recently, oh we have just noticed it’s heavy oil but it’s still oil, disgusting!. Look at Minty for NUOG, imo another lifestyle exec, even Potter, I mean, why couldn’t this have been done 5 years earlier! The list is endless, imo it’s the oil companies themselves that feed the shorters by their often dishonest behaviours hidden as half truths. As for HAWK to bemoan, lol! I was there as well. Luckily there are a few that make up for the worst on AIM and sometimes oil is oil and not water (DES)!

Be careful out there and trust no one not even the regulators!

Just invest what you can live without on any AIM co. Sorry no advice intended. But like I have always said BPC is a punt and those with life changing savings in here are obviously so much more knowledgeable than the rest of us or chasing the wind.

Trek,

Ps why is there only one monopolies and mergers commission! Lol!

Hi Idiot (far from),
In violent agreement I'd say insofar as the company should explore additional options when in such a cash generative position to compliment their wider expansive business plan. Those nuances we discussed should at least be considered at board level. They may of course be discounted, and I, like many would respect their decision as imo (also) agree that they have not put a foot wrong. However, I would like to qualify that some intention or reiteration of the current trajectory from the bod is what is needed given the recent disconnect between SP and reality on whatever metric you pick it's massive. It doesn't matter if it's fag packet pi (aka Trek) or recognised world class brokers (not as good as Trek!) it would at least reassure those underwater ATM of which I am one, albeit sanguine, that there is light at the end of the tunnel and it is not the proverbial freight train coming your way! (pinched from a Metallica song!). Anyways I have been here before with my own conviction buys and they are the ones that serve me well. It's often the quiet BB's like ARB that pay best. And if you are interested in any weird Trek views on very quiet BBs that meet my strange investment criteria look at DCTA or GFIN.

You see there are three 'industrial revolutions ATM, they are happening as we breathe. Crypto currency, ARB, eSports GFIN, and graphene DCTA.

Trek, retired at 50 years old self funded from council house. XX

£1

Good points idiot, so I assume the AofA allow share buy back, if not it will need EGM/AGM approval. Not a problem either way. My view is I do not necessarily see buy back as a long term option I see it as an opportunity for clearing out stock or providing an exit for weak hands. More importantly though it's a statement of intent. A divi is a bit of a commitment, would have to be a special divi imo, given the volatility of revenue. Hence, at this juncture if capex is according to plan I think they should have a dawn raid on the shares purely because the of the price value disconnect. Then signal to the market that special dividends are on the table with fewer shares to pay.

Trek

£1

SP is a great opportunity imo. AIM and investing in general is not in vogue ATM. I mean you can get 6.8% divi on some FTSE stocks covered nearly 2x. Trade wars, brexit, U.K. GE, corbyn planning the biggest pension fraud ever by giving workers 10% of stock, nationalising utilities and steam rolling free BB, think about the impact on pensions. I'm not political have voted for them all at some point past but I try to be attentive for my investments. Against all that back drop there are bargains for those brace enough which leads me to the bargain here. I previously advocated the continuation of expanding our capex but the sp is at such a level I think the bod should grab £1m of shares. I haven't checked the articles of association but if they can do it the should imo embark on one off cash raids. So cheap.

Trek

£1

From another perspective - the interview was defo not of a guy with knowledge of disappointment or harbouring concerns. He shrugged off the mechanical issues as done and over with. He did not chuck in an if or qualify his enthusiasm based on the minor delay or legacy issues. On the contrary it was insidious excitement if there is such a thing. Well PB got had bucket loads imo.

Trek

Gas play, drill results next week. Coho-1 75% cos. Sp near lows following results, over reaction imo. I have a large position there for the two transformational drills. TXP are funded from revenue and debt.

Trek

$6/bbl, significant growth, capacity available in infrastructure, simple business model now. I really think the risky bits are over now. Flow test the wells, drill more low hanging fruit, sign gas contracts, route to market is contractual. Etc

Trek, staying and adding here.

Bought 34375 more, went to NT and took 8mins for order to fill. All my previous buys were executed real time on screen. Not saying it means anything, just info.

Trek

I do wish they would mention the capex needed, these assets would have been underloved. Showing the need for investment is maturity, I’m sure AK will get around to it.

Trek

At last! Also looking forward to farm down. Market likes to see risks and costs shared. My money is on CNOC. Probably see the brakes off the share price now ahead of listing? We still need to get through 28 and 35p though. I think 28 will go now in a flash as looking at the news timeline there is no need to sell for a while and the risky bit is out the way.

Add ECO to the bloodbath, £20k hit but taken like a man and put some in here.

Trek

Hi idiot, you are right in what you are saying but the first two million buys were well above the ask look at their reported time, within normal traded hours. They were very likely buys. The last was LRGS trade late reported, I would guess that was also a buy. But, who gives....like you correctly intimate, for a buyer someone is selling. The issue here is when you strip away the sinew we have two ii sellers, we assume they are still selling, we don’t know. We have an illiquid stock on the main market.

Incidentally one of the 1 mill sells/buys was of an order type SINT, Immediate / Deferred / No Publication....
Never seen that one before.

https://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary/GB00BZ15CS02GBGBXSSQ3.html?lang=en

Ah well let the MM and brokers push the conspiracy, I honestly couldn’t give a fk about the sp. lower the better imo. I’m moving funds around and this timing is great. There comes a time when just once on the stock market you believe you have seriously found the life changer. I have had a couple in the past and am looking forward to this one which based on all the metrics will be the next. Note , metrics not if....

Trek

£1

Ah, that buy at 3.7695 today was my ‘small’ top up. Imo, oh sooooo cheap! Still got powder dry if they drop it again.

Trek.