Member Info for wdelboy2

With Brent approaching $70 the company is on a much better footing. Hence why I am staying. The RNS was as good as could be expected and the increasing Net cash should only increase from here with POO.

Well I for one am lucky enough to have not bought in high and will continue to accumulate at these fire sale rock bottom prices. GL whatever you decide but with CA buying and POO at a decent level I am staying until we hopefully see some realistic value here.

Remember the POO is now at $67 . Thats the difference :-)

Haha... Going to have to have a bit of patience I agree :-)

Agreed but at this MCap there isn't much priced in. I hope covid didn't adversely affect production too much last quarter. Anything half decent and this will really take off IMO.

I left this a couple of years ago but see real value once again with POO looking good. Markets opening up and travel bans being gradually lifted. All this should benefit the supply and demand. GL

With Brent at a decent level once again. HUR becomes a much better viable investment. The Mcap is way too low atm and will make gains if POO stays at realistic levels to ensure payments can be made next year. I am sure CA realise this and are not averaging down to throw good money after bad. GL whatever you decide.

Lets see ...GL

Rampers out should stabilise things around here now. No dividend will add serious money to pay down debt IMO. This company isnt going bust in the near future but is priced as if it is.

No dividends now releases approximately 24 million per annum. That should help. Along with the injection of cash, reduced fuel costs, increased revenue and increases in efficiency.

This will bounce. Too many quick gain merchants here. GL

Wait and be patient. This has more legs than an octopus but wont go in a straight line. Volume and interest still justifiably high!

" may go up, may go down" . Thats pretty informative :-/ . Thats one way to guarantee you may be right ???

With no dividend thats already a saving if my figures are correct ( 379 million shares at 6.3p in 2018 dividend ) Thats already added almost 24 million to the coffers per annum. MCAP currently well out of sink with this company. GL and hold, your patience will be rewarded

Just DYOR and hold. Simple. This will soon be in the 20's and trading it is nigh on impossible here with the spread and NT. Any noise from the sellers who want back in cheaper is just that, noise. Have a plan and stick to it but patience here will pay off handsomely. Its not your typical pump and dump stock although its brought a lot of the gang here . GL , we all want to win but AIM is a tricky beast at times.

Coupled with a nice finish today will do me just fine. Just hold and be a little patient. IMO.

Yes it will rise in own good time. Patience and no fat fingers on the sell buttons.

GL

This will rise all week but there will of course be profit takers on the way. You run the risk of getting left behind though. GL a profit is a profit I suppose:

I can see this going a lot higher this week. Debt has 4 years to repay so nothing imminent and the company may be able to restructure this with increasing turnover (for a lower repayment interest fee, ie borrow to pay down debt), lower fuel costs better management and efficiency. The one off impairment on the balance sheet is irrelevant. The company is far stronger than before suspension and the new management will want to lay "all the bad news" on the table for a "fresh" start. See it many times before. I also hope they can hedge their fuel costs. Not sure if that is feasible as this would save millions annually ?