Jersey Oil And Gas Share Discussion Threads

[bones698] 30/9/2015 08:30

Phwodo totally agree this simply isn't something anyone should put a single penny into . Failed countless times and tbh has nothing worth investing in at all . Just avoid this . Judging by the posts nobody was stupid enough to buy in luckily let's hope that remains the case

[phowdo] 24/9/2015 08:59

"As the industry adjusts to sustained lower oil prices ... there are still plenty of producing fields that generate positive cashflow on a low operating cost base. We will focus our attention on such fields."

So they need to find an investment that covers their G&A (1.5m) the interest on the loan for the acquisition (say 10%) and thats before shareholders even get a sniff of a return. Surely there is competition to acquire these small fields that continue to spit out +ve cashflow. I just cant see them being capable of generating a return for shareholders from these levels. Their resumes suggest serial failure so why expect anything different this time?

Any bulls like to put forth the plus case because I just cant see it.

[bones698] 21/9/2015 12:18

Seriously ? This is one of the worst shares ever and if they are ramping this then they are seriously trying to stitch up mug punters who listen . Another example of how the city works to shaft pi's.

[kenco7] 17/9/2015 18:31

Another share ramped today by the twitter crew and LSE tag team....beggers lol

[bones698] 14/9/2015 14:36

Well whoever just bought a few will regret it , they should have done some research lmao . At this rate should be wound up in 12 months max even without making any more mess ups . We all know that's unlikely lol

[bam bam rubble] 19/8/2015 17:12

Another fail from the 'value investor' Gyllenhammar

Feb 2014: £2.665m invested at 900p

next 12m: £1.285m invested at 590p in averaging down exercise

This week £0.250m invested at 22p in token averaging down exercise