Member Info for UINOIL

The bod need to pull a rabbit out of the hat at the agm and deliver something meaningful to reverse our fortunes.
This delayed refinacing is feeding uncertainty and the situation is being exploited.
The sp is being eroded for no good reason because of this delay.

Same s**t everyday, taken down on low early volume then spends the rest of the day unsuccessfully trying to claw it back.
Any rise on good news will merely take us back to the point we were driven down from rather where we should be.
GLA.

Yes, we're undervalued.
Yes it's partly due to fundamentals, dept, covid and oil price all of which are improving, but I suspect it's also partly due to the prolonged period of shorting which has negated any positives which have developed over the same period of time.
I think the shorters have persisted in their activities knowing there was no quick fix and a true recovery was reliant on a number of stars aligning which at the moment they have not.
Things are slowly falling into place but it does your noggin in waiting.
ONWARDS £ UPWARDS.

I'm not clever enough to understand the ins and outs of shorting and mm's influence on the sp but this appears to be relentlessly moving down against the grain.
Not only is the sp/value of the company being eroded, confidence in the company is too which is potentially more damaging.
When this does move forward on good news it's invariably from a repressed position and merely recovering lost ground.
Amazed companies within the index don't ever raise concerns or lobby for reform.

GLA.

Be interesting to see if the news warrants a rns tomorrow and the impact if any on the sp as the 75m equates to just under 1/8 of current market cap.
I presume the money will be allocated to reducing dept which again should impact possitively on sp.
GLA.

It's well documented that we are currently reworking the figures on Kenya with the Kenyans frustration at lack of progress resulting in a timeframe ultimatum of December.
We have been involved there since 2010 which is ample time to have made possitive strides with not many taken.
With a rns anticipated I'm beginning to wonder to what ends we have been working.
Could it be we were planning on exiting and covid/oil price collapse threw a spanner in the works or are we there for the long term development and production ?

GLA.

Yes, a 2.3p rise tomorrow.
Other than that a refinance or Kenya rns should suffice.

GLA.

The absence of any real news leaves me with the feeling of treading water with somebody's foot planted firmly on my head while simultaniously having my trunks pulled down, the sp seems stuck in a narrow range for now.
I don't doubt progress is being made as regards to refinance and kenya but it's just frustrating that the two major events on the horizon with the potential to kick start a rerate seem as far away as ever.
Cabin fever not helping either.
Anyway ONWARDS £ UPWARDS albeit at a sluggish pace.
Zzzzzzzzzzzzz.

Crappy.
Sometimes comedians aren't funny yet still get a laugh like yourself.
Your stand up routine at the webcast was comedy gold.
Tell us another one.

ONWARDS £ UPWARDS.

Bloody hell, just catching up with the comments and thought I'd been transported back to the 1980's with all the chat about bullseye and dynasty.
Prefered 3-2-1 and dallas myself, lol

Happyinvestor, rather Crappy investor.
To discourage people from investing here and continuously planting seeds of doubt to holders probably still under water based on your biased opinion is as dispicable as throwing share tips around like confetti with no conviction.
Meghan Markle is a more reliable source of information than you.

Sharedealing can be swings and roundabouts but for some the slides are a thrilling but costly distraction ending with a bump.
Don't be swayed, remember where we were 12 months ago, patience will be rewarded.
GLA

Good to see Tullow setting the business plan in motion with some degree of urgency.
Fingers crossed, no hiccups, the sooner production is upped the better.

ONWARDS £ UPWARDS.

Slightly concerning oil price dip running up to tomorrow as we seem to be now tracking it more closely.
Appears to be just demand scaremongering by journos, meanwhile Goldman Sachs are bullish predicting a large oil demand rebound this summer.

Thanks OWLS no problem.

GLA.

OWLS.
The comment was my attempt at sarcasm due to people constantly flagging up the UT as a genuine trade.

ONWARDS £ UPWARDS.

Massive trade went through last night after hours, 812K, WOW !!!

No I'm not happy and disagree with Berenberg who are basically saying at present we are overprised and estimate we should be at 45p in the future as price targets are usually set within a 12 month timeframe.

GLA.

A hold reiteration and revised price target which is 6p lower than the present sp is no great endorsement and will do nothing to encourage confidence in buying.

GLA.

Typical.
We could have registered a healthy little rise today on low volume but for oil retracing and holding us back.