|Intl Oil &Gas
||PART RED PREF SHS USD1
||EPS - Basic
||Market Cap (m)
|Oil & Gas Producers
Intl Oil &Gas Share Discussion Threads
Showing 26 to 49 of 50 messages
|Desperation is setting in.|
|Company gets fired managers claim dismissed, but doesn't win counterclaim (which was defensive in manner so not a big deal). Doesn't get all its costs, but the claimant will have to pay common costs and OGTs costs. Decent result all round, hopefully.|
|RNS Number : 3263H
International Oil and Gas Tech Ltd
16 May 2014
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, TO US PERSONS OR IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, THE REPUBLIC OF SOUTH AFRICA, THE REPUBLIC OF IRELAND, JAPAN OR ANY JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL.
16 May 2014
International Oil and Gas Technology Limited
("IOGT" or the "Company")
Annual Report and Financial Statements and Annual General Meeting
The Company's Annual Report and Financial Statements for the year ended 31 December 2013 and the Notice of the Annual General Meeting to be held on 6 June 2014 have been posted to shareholders.
The documents have also been submitted and will shortly be available for inspection at the National Storage Mechanism (hxxp://www.morningstar.co.uk/uk/NSM), and on the Company's website (hxxp://www.international-ogt.com).
WOW I bet that's going to be a great AGM after this run in the share price ....Share holders will be lined up with shot guns....|
|I've also taken to buying the dips but thats not working either.....|
|Me too, I followed Weiss in and stayed....also followed them into HRCO and IERE ...
Have you picked anything thats gone up ? :-)|
|Normally I pick these & hold em I must be losing my touch, market says court case will not be favourable & will not have anything left....|
|Someone turn the lights out.....!|
|I've been looking at this one. Looks interesting from an asset perspective versus the share price. Somewhat put off by the excessive cost base and the legal claim though.|
|Damn good results - but no one cares.
Hello hello anybody there !|
There are only 3 investments left in the portfolio - Strata, SR2020 and Crest.
The first is going like a train according to industry sources (US only).
The second is a turnaround now profitable (US only).
The last is Saudi focused and appears to be gaining traction.
On top of this there is a slug of cash from last year's disposal.
The only potential liability is a frivilous legal action brought by the previous managers.
Discount in excess of 40%.
Possible resumption of dividend and share buy backs.
Hence my original thought that shares are wrong price.|
|Hi Seeker, sorry I dont understand the company well enough to answer you.
Weiss though have reduced their holding here but are still holding a few as far as I can tell.
I bought in Feb 11 and sold some for a 7% profit in July 11. The rest is such a small holding I dont care. Discount still looks massive though. Its quoted in $ and the discount is over 38%!!!
The catalyst then was a court case (from memory) the catalyst now is probably oil price and or war unfortunately.|
|Praipus, as anything of significance changed since my number 6 post, that would make OGT more of a buy?|
|I dont think its been the right price for a long time.|
|Had a look at this fund.
Am I wrong or is this not totally the wrong price.|
|The net asset value per share of the Company at 30 September 2011 was US$9.39, which included cash equivalent to US$2.32 per share.
from todays trading statement|
|OGT now own 43% of the currently unquoted Srata Energy Inc. http://www.strataenergy.net/home_page|
|Weiss letting a few go (back in June) interesting that the RNS has put the share price up.
|Who are these guys and who did the pick up 15% from?
|Successful exit from WellPoint
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RNS Number : 2471G
Quorum Oil and Gas Tech. Fund Ld
10 May 2011
Not for release, publication or distribution in, or into, the United States, Canada, Australia or Japan.
Press Release 10 May 2011
Quorum Oil and Gas Technology Fund Limited
Successful exit from WellPoint
Quorum Oil and Gas Technology Fund Limited (LSE:OGT), an authorised closed-ended investment company incorporated in Guernsey, is pleased to report that following disclosure in the Final Results issued on 3 May 2011, the Company can now confirm that it received US$19.8 million from its successful exit from WellPoint Systems Inc. ("WellPoint"). The IRR for WellPoint was 8.85%, calculated on a quarterly basis, and the overall ROI was 27%. This exit follows a focused programme by the Investment Manager targeting selective disposals. The cost to the Company of the investment in WellPoint totalled US$17.5 million. The funds received are approximately US$1 million, equivalent to US$0.12 per share, in excess of the amount at which principal and interest were valued in the Final Results as at 31 December 2010.
- Ends -
|Is this a real price rise or is someone messing with the spread?|