Jkx Oil & Gas Share Discussion Threads

[glavey] 03/6/2015 01:33

Potential Equity Placing
Looking to dilute activists' positions a tad perhaps?

[wallywoo] 26/5/2015 08:02

lol, well you are definitely living up to the title, lots of intelligence in that post (for me I would be grateful if someone showed a simple way I could answer my own questions myself but hey ho). For future ref the header is available on the app just press "show the main header" from the boards menu. Then again perhaps you are better off asking

[wallywoo] 25/5/2015 10:52

Whats this stupid corner. You get the mcap by looking at the header and reading it £52M, and you get the trades by pressing the trades button on the top of your screen!

[ggekkko] 25/5/2015 08:36

What's the mcap here please?

[glavey] 23/5/2015 19:26

wallywoo 23 May'15 - 15:15 - 1565

Do you have any information regarding said trades?

Are the other matters going to have an effect over the next week or two?

[wallywoo] 23/5/2015 15:15

Sorry that made perfect sense to me, over 23M shares traded on Friday and the share price was up over 7%. The political news all looked positive too, hence the reason for an interesting few weeks ahead - ie:

1)the national gas company is being broken up - opportunity??

2)Crackdown on corruption (Ukraine currently charging too high a tax rate - against earlier agreements) so therefore a tax change much more likely now

3) Domestic gas price to rise 4 fold in the Ukraine. Should increase JKX's assets

[glavey] 23/5/2015 13:13

wallywoo 22 May'15 - 14:34 - 1563

"Very high volume here and a good move. Think we could be in for an interesting time over the next week or two."

Feel free to explain yourself.

[wallywoo] 22/5/2015 14:34

Very high volume here and a good move. Think we could be in for an interesting time over the next week or two. Also interesting news coming on the political front with a large EU loan and a promise of corruption crackdown and financial reforms. The Gas tax rate should be in that equation too.

[glavey] 16/5/2015 00:48

Yes, here's an idea - study the annual report for 2014 and vote down the remuneration report and policy.

The situation in Ukraine may outside of their control but it is inappropriate to load up with nil cost and cheap options when the share price is trashed and investors may well be sitting on positions that have been crushed (possible by as much as 90% in recent years). What need is there to 'incentivise' well paid execs in this manner when any recovery will in the most part be beyond their control? The respective gift to existing shareholders comes in the form of further 'drip-drip' dilution.


Footnote:
UKSC 2014/0179
Glengary Overseas Limited as Appellant are appealing the judgement [2014] EWCA Civ 640 against JKX Oil & Gas Plc in The Supreme Court before Justices: Lord Neuberger, Lord Mance, Lord Clarke, Lord Sumption, Lord Hodge

Hearing start date: 18 May 2015

hxxps://www.supremecourt.uk/cases/uksc-2014-0179.html

[mutantpoodle] 09/5/2015 16:02

somebody somewhere is paying good money for info!
all shares in our family are in nominee names but we have all recvd vote papers etc

ideas?

[glavey] 08/5/2015 20:50

RNS 01-05-15

Fresh nil cost options:
DR PAUL DAVIES 1,281,800 ORDINARY 10P SHARES
CYNTHIA DUBIN 903,000 ORDINARY 10P SHARES
PETER DIXON 684,800 ORDINARY 10P SHARES
Total 2869600, Share capital 172m, granted 1.67% of the company

Total nil cost options:
DR PAUL DAVIES 4,110,000
CYNTHIA DUBIN 2,894,800
PETER DIXON 1,892,300
Total 8897100, representing 5.17% of the company

Present Market Cap. £51m ($80m)

2014 loss $79m
2015 loss ???

[stonefold] 06/5/2015 22:18

A series of videos (mainly in English) of an interesting recent conference.




The video for 25-04-2015 (the sound level is very low from 5h 52min until 6h 02min)

Day 2 stream 1 = skip forward to 5 hours 56 minutes
Where the head of the Finance Ministry says

The high production tax rates were a mistake.
They will decide on a fix for rental rates before 01-07-2015.
But that fix will only be put into action starting 01-01-2016.

No mention of any earlier temporary solutions.

[alphahunter] 18/4/2015 23:28

Good stuff Stonefold.

[alphahunter] 21/3/2015 12:09

Mindblowing what's going on among Ukraine's oligarchs.

[tomboyb] 06/3/2015 11:33

I think Proxima can do two things - We don't what the strategy is as there was no offer for the company -

They could quickly buy up stock to increase their stake signifcantly - That would be very good for current shareholders who have bought around these levels -

Or simply play a medium term game where they can let the share price drift and start to pick up stock slowly -

We don't know what their intentions are but this has been a 500p stock before - I don't think we'll get anywhere near close to that and I had a punt target of 40p -

Who knows where it will go from here -

[wallywoo] 06/3/2015 11:19

Some strange trading going on by Proxima, can't say I understand it. They launch a bid for JKX which drives the share price up 200% and then they buy 12.5% of the shares at a premium. Go figure. Still you can understand why Hendersons took a quick profit

[tomboyb] 06/3/2015 11:17

In fact I think Henderson are completely out -

There u go -

[tomboyb] 06/3/2015 11:04

wallywoo 4 Mar'15 - 12:21 - 1547 of 1547 0 0

T + m. you think that Hendersons would buy on 2/3 over 21M shares and then sell them again on the 3/3, I don't think so.

I do - As I mentioned before -

Hendersons below 5% - Proxima have bought the stake at 38p