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JKX Jkx Oil & Gas Plc

41.50
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Jkx Oil & Gas Plc LSE:JKX London Ordinary Share GB0004697420 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 41.50 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
39.50 42.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 41.50 GBX

Jkx Oil & Gas (JKX) Latest News

Real-Time news about Jkx Oil & Gas Plc (London Stock Exchange): 0 recent articles

Jkx Oil & Gas (JKX) Discussions and Chat

Jkx Oil & Gas Forums and Chat

Date Time Title Posts
29/12/202317:45JKX. Focused on Gas in and around the former Soviet Union3,411
06/2/201517:59JKX 20065,796
20/12/201210:05*** JKX ***9
08/10/200810:35JKX - over-valued132
13/10/200619:34JKX Oil & Gas - 20065

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Jkx Oil & Gas (JKX) Most Recent Trades

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Jkx Oil & Gas (JKX) Top Chat Posts

Top Posts
Posted at 29/12/2023 17:45 by jaka
Seasons greetings R123! Just caught up, I missed that one, just read about it. It looks like his shares have become property of the Crown, I would have never predicted that. It would be a tragedy if Russian missiles hit the Poltava facilities. Came close enough when they hit the nearby refinery. I wonder if there's anyone still holding any OTC stock after it went private? There were going to be monthly auctions. I remember one trader managing to buy a 160,000 at around 37p below the 42p leading up to suspension and made a packet but I didn't have the bottle so settled for what they offered. In the end I didn't trust anything they said and still don't. My last investment in the Former Soviet Union ever! I did buy Vostock Scuba Dude watch with the proceeds to remember that time just before war broke out. Worth more than double now ?.Somehow I don't think this will be the last we'll hear about JKX and the fascist Kolomoisky.Good luck in 2024 and hold for gold!
Posted at 05/12/2023 15:07 by researchcentre123
https://ukranews.com/en/news/969288-kolomoiskyi-loses-his-share-in-ukrainian-gas-production-company-it-went-to-great-britain Lost his shares in jkx too. So what now.....I guess they'll wait for the war to finish then relist?
Posted at 03/9/2023 12:53 by jaka
The man behind taking JKX private gets arrested. Will the US demand his extradition? It wouldn't surprise me. Https://www.msn.com/en-gb/news/world/billionaire-who-backed-zelensky-s-presidency-arrested-over-money-laundering-and-fraud/ar-AA1gaLAq?ocid=AMZN
Posted at 06/2/2022 09:18 by russman
JKX OIL & GAS LIMITED

Company number 03050645

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02 Feb 2022 Resolutions
Resolution of re-registration
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Resolution of re-registration
- link opens in a new window - 1 page(1 page)
02 Feb 2022 Re-registration of Memorandum and Articles
View PDF Re-registration of Memorandum and Articles - link opens in a new window - 27 pages(27 pages)
02 Feb 2022 Certificate of re-registration from Public Limited Company to Private
View PDF Certificate of re-registration from Public Limited Company to Private - link opens in a new window - 1 page(1 page)
02 Feb 2022 Re-registration from a public company to a private limited company
View PDF Re-registration from a public company to a private limited company - link opens in a new window - 2 pages(2 pages)
11 Jan 2022 Resolutions
Cancel shares, cancel share premium account, re-register company, change name 23/11/2021
Resolution of adoption of Articles of Association
View PDF Resolutions
Cancel shares, cancel share premium account, re-register company, change name 23/11/2021
Resolution of adoption of Articles of Association
- link opens in a new window - 1 page(1 page)
08 Jan 2022 Interim accounts made up to 15 December 2021
Posted at 31/12/2021 14:55 by glavey
"Some where happy to make a profit and sold and like you I presume didn't trust JKX, their monopoly share and their intentions."

Not a simple matter of (dis)trust. I considered the numbers, the RNS as first written and the statement from the nominee, all as I've previously commented here. Even the clarification RNS is still slightly vague (similarly the nominees update). It would seem the broker S.P. Angel is able to pick and choose how they deal with acceptances of tendered stock on a case by case basis, which is somewhat unusual.

Other than what's been discussed here, how anyone else viewed all this I can't say. However, the trade volumes would suggest that had a number of others with nominee holdings also acted as TMS the share price would have more quickly increased to make the arbitrage less attractive and difficult to fill in volume.

JKX is not AIM, so stamp duty reserve tax is payable. There was never 15% in this for regular P/Is.
Posted at 08/11/2021 11:19 by davemarn
JKX has experienced the H&S effect hasnt it?

Nevermind

Angus Energy 0.90p
Positives
• Equipment should be arriving on site Nov 21 – Feb 22 proving this isn’t hot air!
• Permitting and Approvals expected early December 2021
• First time in 2 years a Project is about to become a reality early 2022
• Huge rise in Gas Prices (300-400%): 51% stake in onshore Saltfleeby Gas Asset
• 52% recent upgrade to NPV10 from a revised CPR of Gas Asset now £25.5m (£9m market cap)
• £12m fully funded for Saltfleeby
• Sidetrack to Gas Project Planning Permission in place to try and double output
• £1.4m Convertible Loan Note holdings extended deadline to April 2023 for final payment!
• 2x Director Buys of 1m each mid 2021
• £8m potential funding with Aleph and Associates for a valid Geothermal play
• 165m Warrants of £2.1m at 1.36p average potentially available
• 26m Employee Options at 1.5p but fully vesting at 2p too
Negatives
• A group of Locals persistently fester on UK Share Forums to stop any buying momentum, the success in market cap makes it harder to stop any of their projects dead in its tracks!
• A substantial undercurrent set of Short Sellers who seem to be betting against delivery and pre-gas price rally; now hurting and desperate to close out their positions – towards First Gas Q1-Q2 2022. Their short positions could create a dramatic squeeze to 2p alone IMO.
• Legacy Oil Assets and failed projects knocked share price and confidence of Long Term Holders
• Geothermal Progress Seems Slow
• Delays seem to bother some impatient traders but Aleph have stumped £12m loan!
Share Price Predictions?
• Harmonics showing 2-3.5p target?
• Management believes 3.5p per share is Fair Value vs. 0.90p share price
GLA WTFDIK DYOR
Posted at 07/11/2021 09:19 by davemarn
JKX Still up Quite Well Despite
But
* First time in 2 years a Project is about to become a reality early 2022
* A 400% rise in gas prices – they have 51% stake in onshore Saltfleeby Gas Asset
* 52% recent upgrade to NPV10 from a revised CPR of Gas Asset now £25.5m (£9m market cap)
* £12m fully funded Gas Project
* Sidetrack to Gas Project Planning Permission in place to try and double output
* £1.4m Convertible Loan Note holdings extended deadline to April 2023 for final payment!
* 2x Director Buys of 1m each mid 2021
* £8m potential funding with Aleph and Associates for a valid Geothermal play
* 165m Warrants of £2.1m at 1.36p average potentially available
* 26m Employee Options at 1.5p but fully vesting at 2p too
* Management believes 3.5p per share is Fair Value vs. 0.90p share price
* Legacy Oil Assets and failed projects knocked share price and confidence of Long Term Holders
* Geothermal Progress Seems Slow
* Harmonics showing 2-3.5p target for me


WTFDIK GLA
Posted at 05/11/2021 16:11 by researchcentre123
I guess they wanted to delist before the share price went up even further, as then they'd have to come up with a higher share price. The issue here is the big holders wanted it to delist so they could force the smaller shareholders to take less. If that wasn't the plan, they'd have sold a few shares between them and the price would have gone up as there would be no threat of delisting - it probably would have doubled given comparables, so they really can't pretend this is anything other than a scam to defraud the minority.
Posted at 04/11/2021 09:12 by researchcentre123
I found this article translated by Google (just look on Google news). It seems to have bigger shareholdings for some of the companies, which would mean between them presumably it's all wrapped up and the free-float would be covered :JKX Oil & Gas plc sent a proposal to shareholders to delist from the main market of the London Stock Exchange and approve an agreement to repurchase 23.3% of the shares at a price of 42 pence per share.This is stated in a statement on the London Stock Exchange."The directors unanimously believe that the exclusion from the listing is in the interests of the company and its shareholders," JKX explained.The company plans to repurchase 40.096 million shares (23.3%). They will stop trading on the stock exchange on January 5 next year. The company is expected to be re-registered as private on January 24.Following the announcement of the delisting plan, JKX shares fell 12.4% to 37 pence.JKX Oil & Gas is engaged in exploration and production of hydrocarbons in Ukraine and Russia. Poltava Gas and Oil Company, owned by the company, is one of the largest private oil and gas companies in Ukraine. It has five mining licenses and one geological exploration license. The company's shares have been traded on the London Stock Exchange since March 20, 2006.The largest shareholder of JKX is Eclairs Group Igor Kolomoisky and Gennady Bogolyubov - 27.54% of shares.19.97% is owned by Bridgewater Holdings Corp. Alexander Schnir. This share used to belong to Vitaliy Khomutynnik.Other major shareholders are Neptune Invest & Finance Corp. (12.98%), Keyhall Holding Ltd - 11.45% and Interneft Ltd - 6.17%.
Posted at 02/11/2021 14:50 by itsriskythat
Substantial share price increase or a share buyback

Thordon says on LSE that "The real share price value will settle once dividends are restarted."

Dividends are possible but so is a share buyback. The enterprise value of JKX, which is market capitalisation plus provisions for rental fees minus cash, could turn negative before long. If that occurred JKX could buyback all its shares in issue and satisfy future rental fee claims and be cash positive and free of provisions as a private business.

You don't have to believe that the current gas price in Ukraine of $935 / Mcm is sustainable for this to happen, only that the gas prices being paid by Moldova and Bulgaria on new contracts signed with Gazprom are setting a new baseline for the future gas prices this winter season. The Gazprom prices agreed are $535 / Mcm and $450 / Mcm. These compare to a gas price $431 / Mcm realised by JKX in Q3. In effect the recent Q3 price is going to be the baseline this winter.

Calculation of JKX baseline cashflows in Q4 and Q1 says that sometime in the New Year the enterprise value of JKX will turn negative unless the share price appreciates substantially.
Jkx Oil & Gas share price data is direct from the London Stock Exchange

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