focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Yep that’s how I read it also! I think the games a bogie now! SDX ENERGY, GENEL ENERGY, TRINITY AND SOCO INTERNATIONAL is where I’m focusing my efforts ... specially while RRE is suspended
At 14p, I’m not sure there are too many people in profit ! Unless they are new buyers from a few weeks ago and happy with a mediocre profit of around 10%!
Volumes are getting healthier now which isn’t good to see ! Looking forward to the results to see where we are heading
SORRY to hear that Pirranah
Hopefully your invest wasn’t too significant or meaningful money wise ... hopefully you’ll be able to recoup it elsewhere...
There were some guys who really belived the RRL lies and lumped in 10s of thousands into this pet poodle !
Oilboil
If deal fails we get to keep our company! The shares drop but we have more to gain in the longer term
Anyone know what the timetable is for the takeover? When is the vote taking place etc???
I feel sorry for holders here! I wonder if Range will ever come out of suspension? May be this is all a ploy from the Chinese to leave this suspended for 6 months so that it could be automatically delisted!
Volume will exceed 2 million by COB ... hopefully something is brewing in background!
I invested here late last summer .... I’ll wait until the anniversary of my first purchase and reassess the situation! We seem to be sleep walking our way to 10p! Management need to be held accountable!
1) what have management achieved operationally
2) what has been done with the cash they raised last summer.
3) what value if any have they added?
The disappointing thing is that the sector in general has been doing very well recently apart from a select few!
If the Offer gets rejected and Medco say bye bye we are not increasing what happens next ? Hopefully soco come back ?
TRIN Management seem quieter than most!
Decent company with good future but the team need to be more vocal regarding operational matters and future plans !
I bought here late last summer around 15p -16p and still holding ! Topped up lower and now my average is in the 14s.
Just to compare and contrast what good comms can do . In the same week I bought trin I also bought a little gem called Rockrose Energy RRE! At various prices in the 400s ! The same shares are up over 100% and currently suspended at 830 while my trin shares are down nearly 20%...
I have sent an email to ask about the lack of updates and comms !
No news doesn’t always mean good news
What’s the expected share price?
Congratulations and well done to all shareholders! This is set to be my best share purchase and first multi bagger since SQZ! Thanks to Mike for bringing this to my attention between 360-390p! I owe you one !
Cheers Harts
Some decent thoughts there! I tend to steer away from debt ridden companies ! I haven’t invested in a heavily indebted company since Afren in 2014!
SDX is extremely cheap!
PMO might be worth a punt at 60p and ENQ at 18p
The best thing about BBs is exchanging investment ideas and research .... having made a big stash of cash in a short period of time, the question is what oilies deserve this hard earned! I have some ideas but would like to exchange some thoughts ...my current short list includes
RRE undervalued North Sea oily producing 11000 bopd and an EBITDA the same as the market cap debt free and cash rich
TRIN undervalued Trinidad oily producing 3000 BOPD debt free and cash rich
TXP Trinidad focused very low market cap and an active exploration programme in Q2
SDX North Africa focused has plans to bring SD online at mid year and will reach 10,000 boepd
Soco International Share price has been hammered and now stabilised at 10 years lows ... South east Asia assets and just made an acquisition in Egypt! Big expansion plans ! Returns annual dividend currently equal to 7% of SP
Just wanted to say thank you every one ! Specially luck counts how brought this to my attention a few months ago between 33-35p share! I’ve made around 60% profit in a few months! So thank you to all the regulars here special NEWKOTB and luck counts ! I feel sorry for the long term guys who will have to exist at a big loss! Your management have let you down big time! Although the offer is low you need to remember the YAHOO effect where an offer rejected may seem like an amazing deal in a few years! A bird in the hand and all that...
I personally think it was shorter rather than Medco!
Also, I highly doubt we’ll be in a net cash position! May be by end of year but not next update !
Let’s see what OPHR make of the offer
How did Medco force the price down to reduce the volume line weighted average price?
Offer won’t go through I’ll be topping up in the mid 30s