Dragon Oil Share Discussion Threads

[biker6] 09/9/2015 21:51

Paid by h&l but not td Waterhouse

[northwestwirral] 09/9/2015 15:40

Paid into H&L

[johnmcd51] 09/9/2015 14:09

OK xpopsx, I'll let you know on this board when I get mine, but would imagine it would be the same for everyone with halifax, anyway in case!!

[xpopsx] 09/9/2015 13:26

johnmcd51 - I'm with Halifax Share dealing and I have not received payment yet.

[spob] 09/9/2015 10:30

barclays are always the last

i expect somewhere between sept 11 and 21

[bluetooth] 09/9/2015 10:09

I held them in a Barclays ISA and a Youinvest SIPP - no cash in either yet. Will anyone who receives payment into these accounts let me know please - I will do the same.

Thanks
BT

[johnmcd51] 09/9/2015 09:25

Anyone received payment who are with halifax Share Dealing yet? Maybe it will be the 12th according to one poster recently?

[zedman_1] 08/9/2015 13:29

Well, got the cash in my account today. So sad to see this giant-in-making gone. Many thanks to all the well informed posters on this board who freely shared their research and opinions; I won't name you all individually but you know who you are. Good luck to all and hopefully our paths will cross again. I don't think I will be able to Google "Dragon Oil news" again - I don't really want to know what could have been. Cheers guys and gals.

[hopeful holder] 07/9/2015 15:54

I listened to the report. The only drawback I see is the pace of development. He needs a farm in or cash call??? To pay for the infrastructure etc before payback. I agree it's a good oil play with risk reward looking ok at this stage. I guess I waited 19 years for Dragon...

[eddiew] 04/9/2015 16:41

Well end of an era. Its been fun and learnt a lot. Thanks to all the long term holders for all of your contributions especially when the going got tough.

[chessman2] 03/9/2015 17:20

HH, If you follow the following link you will hear the HUR ceo being interviewed. It starts 36 minutes in and lasts for nearly 20 minutes...FINANCE SHOW LIVE 3RD SEPT 36 MINS IN START OF INTERVIEW


He is very happy with the farm in discussions so I remain happy!!. The only minus point is his tie knot.

[hopeful holder] 03/9/2015 11:19

@ Chessman. I looked up HUR last night briefly. They are a safer bet but I need to read into financial a little more. Low oil price must be painful in funding more R&D. Good to see they have drilled

[hopeful holder] 02/9/2015 22:11

Fwiw. My cheque came today for paper shares. It was a nice finish to the day but even better tomorrow when I bank it.

[richardbroughton] 01/9/2015 16:44

Thanks for the tip Exbroker, will have a look at that. Like you HH I've made some real howlers, mainly by not sticking to stop losses, thankfully tho', my winners have left me well ahead over the last 20 years. Glad to be out of Dragon now, I think the markets will be jittery for quite a while and am pleased to have cash. All the best Richard

[hopeful holder] 01/9/2015 10:33

The caspian driller was the reason I held for so long. ....

[fido] 01/9/2015 09:35

Just out of interest, the Caspian Driller is now listed as "Drilling".
The trigger to operational status was probably the passing of 90% ownership.

Upwards from 100,000 bopd will now follow.

[31ben] 31/8/2015 17:34

For those interested in oil companies check this Interview with Gaurav Sharma - an Independent Energy Analyst:

[exbroker] 31/8/2015 16:14

RB
I have bought a few Enquest retail bonds, code ENQ1 big fat yield and will be in a better position if there is a restructuring, which could happen, sort of thing for a SIPP or in my case ISA.

[chessman2] 26/8/2015 22:47

I'm with you HH and in a similar position to RB.

I have just bought a few National Grid [NG.], Aberdeen Asset Management [ADN] and Telford Homes [TEF] all of which, I hope are now good value. I've also added a few more SIA to reduce my average. GSK are also on my buy list which I will approach in 3 buy stages at say one month apart. Thus my next buys will be in 3 or 4 weeks and I'm sitting on a lot of cash.

Finally, I couldn't resist trying for another Dragon but in a shorter time frame so have gone heavily into HUR. Crystal Amber are now up to 12% and they do not usually make bad calls. I suggest you research as much as you can on HUR.

Good luck to all.

[hopeful holder] 26/8/2015 19:52

As a ps. The roller coaster ride with DGO over the years has been testing and I intend to learn from many many lessons over the years since my first investment in DGO in 1997.

[hopeful holder] 26/8/2015 19:49

@ Richard. I've made some howling bloopers in investing in my time and thankfully a few better ones to help keep my in a positive light.One thing I'm learning is to keep tight stop losses and cut the losers quickly. It may bounce back but why take the risk.SIPP's.. My opinion would be to look at stocks which are quite mature and pay a reasonable divi. I'd avoid miners and oil stocks for the time being as a general rule. Oil will make a recovery and you could look at the oil futures market or spread bet on oil indices, but I see that as generally risky. I read you'd like to protect your current cash holding so I'd go to boring type stocks.I've started to look at companies whose debt is less than 3x profit, seems sensible, but I have fell over with one company as it crashed overnight and I appear to have forgotten to put a stop in place......Another criteria I'm looking at is trending, coupled with above. It should filter many stocks out. I'm also avoiding companies on aim now as well as those less than 40M cap.I've done well with DGO but I was very lucky. In other stocks I've screwed up. Does that help with an opinion.

[fido] 26/8/2015 18:11

"currently delayed by alterations to clients’ drilling plans"

That makes two brand new rigs sitting there doing nothing, until the deal goes through of course.
Not bad I suppose considering Dragons main gripe over the years was a lack of drilling rigs.

Oopps sorry I forgot, Dragon are not increasing production are they!

[richardbroughton] 26/8/2015 08:25

HH, I'm looking at GSK, PHNX, ESUR , HSBC (when China has settled down) all paying over 6%. More risky are the miners and oilers am looking at ENQ, AA but gonna wait a while before doing anything there. As everyone knows, it's great to buy at the bottom, the problem is knowing when and where that is! I can't see oil going back to $100 anytime soon but $60 would produce useful returns if you can get the right stocks at the right time. Will probably sit on more cash than usual for a while. Good luck to you and all, regards Richard
PS The problem I have is that my DGO holding is in my SIPP and was over 50% of it. I have been retired and in drawdown for a few years so I need to keep income flowing in as due to new rules I would like to keep the capital intact to pass the SIPP onto the kids and cash is not much good in that situation. What are your thoughts?

[holmdene] 25/8/2015 16:24

but hope this BB carries on with updates on oil possibilities and more baggers...could be a while though! Some are worried about Iran, some aren't, there are many mixed messages out there from so called experts and no one really knows short term..its just as volatile as hell.

[holmdene] 25/8/2015 16:22

i agree with you guys...im sitting on a cash pile and its staying there for now...