Aoi (Regs) Share Discussion Threads

[rayrac] 18/11/2021 15:29

Btw, I notice the price of Brent falling back, hasn’t stopped Tesco from increasing the price at their pumps! £1.529 ltr diesel. Whew! Some peeps will/ are going to find that hard to bear.

[rayrac] 18/11/2021 15:24

Jlp? Well, it’s not a great mover as things like that seem to behave.

There are 2 shares worth watching I feel, one is cpx, which is in the midst of litigation and a connection to Tesla. And of course rene, where it could in time, be very worth holding…but I hold neither at present (have done).

But I’m sticking with what I have at present. I have just one I’m tempted to sell, or rather part sell, and that’s aoi. I don’t like the thought of them acquiring new ventures until they get totally sorted at Prime.

[martinfrench] 18/11/2021 14:59

other oilies not getting hit as hard so i'll assume its technical in nature :-)

i'm selling a few things in anticipation, like JLP etc

[martinfrench] 18/11/2021 12:49

hopefully this is the oil floor, it shouldnt affect us that much but it does as were hedged......but works both ways i guess

eco not doing so well, maybe time to stick a few quid in there maybe, though i get the feeling with eco that they will be the ones left out of guyana and they have been sold the worst bits

[rayrac] 18/11/2021 09:41

Yes the cfo is unbelievable! He must be good at his job, otherwise!

[martinfrench] 18/11/2021 09:13

oil is getting hit and we will be back to $2 today, bit disappointing

i think oil is getting hit and manipulated a bit like gold does, biden cant or wont release reserves and he knows its a very american thing to have cheap oil, so it might be its being played......either way company is in good shape, so i dont really care

ths had nice update, if we can get a surge there running up to results i think i might switch some over here (160 ths ----> $2 aoi would suit me fine)

pleased you listened to the transcript, i cant understand the french cfo but keith is just great, though the esg 'reducing flares' for climate change was silly and funny

[rayrac] 18/11/2021 08:33

Thanks for the transcript Martin, I did watch that on video, but didn’t pick up on most of it, so it’s clearer now!

But oil below $80 at mo. Arabs trying to ease inflationary pressures in the western world?

[martinfrench] 17/11/2021 20:52

full transcript from q3 call

[martinfrench] 17/11/2021 20:43

well they will have someone decent, you dont spend that much....wait a minute, its someone elses money!

i do agree that eco seems to be in same position

i am more intrigued by what keith said about venus, as in only thing to determine is resevoir thickness, i need to check the oil test they did

[martinfrench] 17/11/2021 17:05

is there any news for those 2 ?

seems very drawn out

[rayrac] 17/11/2021 15:40

But not bad.

[rayrac] 17/11/2021 12:37

Ha ha, wrong..fec/cgx

I’m not expecting anything much from aoi for a while. Name of the game I’m afraid.

[martinfrench] 17/11/2021 12:35

prob just a bit of a tree shake

[martinfrench] 17/11/2021 12:31

aoi down 4% in sweden

[martinfrench] 17/11/2021 12:28

what bad ??

[rayrac] 17/11/2021 12:06

I’m waiting for something from fec/cgx…one guess 😰

[martinfrench] 17/11/2021 10:35

i think its a mistake to hold onto the past too much ray, yes good to have in back of your mind and know what can happen, but like a good pitcher that gets lit up for a home run, you have to get back and forget it

like my annoying ukrainian female friend in toronto, wont touch oil stocks because she has a load of old stuff underwater from 13 years ago

well, that is either bad picks or a bad time for oil, and she has missed out on the recent price surges across the board

not a good way to invest

[rayrac] 17/11/2021 10:33

Good point Martin, I quite agree. But I’ve been through the war’s with some oils, and premier’s one of them.

[rayrac] 17/11/2021 10:30

Charterhall were the first to the Buchan (spelt?) field, in N Sea, and never got to realise its potential

Just info

[martinfrench] 17/11/2021 10:29

not sure if you think that is a good thing ??

yes, obviously he has an oil background, and yes he runs the show, but its a small set up and definately no one else i would rather have in charge, just doesnt make bad decisions, so far at least

you could say the lundin set up is more of a fiefdom, they are the ultimate controllers

having ultimate power is actually a good thing when you make the right moves, no dithering and clarity.

[rayrac] 17/11/2021 10:23

Yes, a typical oil man

[martinfrench] 17/11/2021 10:21

are you talking about keith hill ???