I3 Energy Share Discussion Threads

[igbertsponk] 13/6/2018 08:43

Wishing I'd not taken my capital out now, but have four times that left in so can't complain!

[someuwin] 13/6/2018 08:37

Good start to the day.

[showme01] 13/6/2018 08:12

116.1p to sell. Can't get an online quote to buy even 200 shares.

[caters] 13/6/2018 07:52

And yes, all the CLNs have been fully converted to shares.

[caters] 13/6/2018 07:51

Not 'now' but at the time the TR1 was drafted, JCAM had 2.5m shares. It looks like many have been sold since.

[chopsy] 13/6/2018 07:33

Those TR-1 notifications may be standard but they are tough to read. So JCAM now have 2.5m shares, but are not dumping them. No CLN left. Is that right?

[showme01] 13/6/2018 07:24

I'm interested to see how the next couple of days pan out. Even though JCAM are sitting on quite a few shares they don't seem to be coming to market through the market makers selling them. W H Ireland who have sold all the JCAM shares in the past have not been active as a selling market maker for a few weeks. It looks like they are being sold off market ( a mate of mine has recently bought 100,000 shares for example ). The BoD doing an education only roadshow is a great idea to get funds interested either pre or post funding. I guess most would rather pay double and wait for funding to eliminate risk.
When the 300k transaction popped up yesterday, I tried to buy £7600 more. It took 15 minutes to finally fill at 118p. There seems to be very little free float. I can't see investors selling just before key funding news. If JCAM shares are being sold off market, this could get very interesting once funding news lands. Compared to it's peers, this is so undervalued and the BoD starting some promotion to get funds interested in the early cycle of this company is a great move.

[5chipper] 12/6/2018 22:47

I'm not a big fan of charts with small companies either.

Purely from a visual pov it seems to be knocking on the door of the closing day high level; each time dropping a bit less as it does so.

This is purely a visual observation mixed in with a spoonful of optimism :)

Now watch it tank tomorrow :))

[i like trees] 12/6/2018 22:15

This will be news and potential led imo. Lots happening in the near term regardless of charts imo

[thegreatgeraldo] 12/6/2018 22:05

5chipper
12 Jun '18 - 20:24 - 2341 of 2343
0 1 0
Chart here looks like it's itching to break out :)

Which way & why?

No, I'm not a fan of charts ;-#))

[fardels bear] 12/6/2018 21:27

I agree caters. I'm not in HUR but I'm in the other three you mentioned.

[chopsy] 12/6/2018 20:28

Agree ascending pennant at its apex. Funding RNS, bang! Sorry for my impatience!!

[5chipper] 12/6/2018 20:24

Chart here looks like it's itching to break out :)

[caters] 12/6/2018 19:22

Now Delek have offloaded, that's a strong possibility.

[5chipper] 12/6/2018 19:21

Caters - i'd add FPM to your list of likely takeover candidates

[caters] 12/6/2018 18:13

Two late trades, printed this pm but from yesterday am (per L*S*E):

11-Jun-18 // 08:06:26 // 113.00p // 195,000 // GBP220.35k
11-Jun-18 // 08:05:59 // 113.00p // 187,306 // GBP211.66k

Roadshow seems to be helping.

[showme01] 12/6/2018 17:43

Caters, both Graham and Neill have both said to me when meeting them last year that this is a medium term investment at best. They plan to build, prove up and then sell on. It's the only way they can easily cash in their huge investment here. I'm certainly going to hold some for the end game. They will both be exceptionally wealthy guys if it all works out for them and us!

[caters] 12/6/2018 17:29

Occasionally, there are O&G companies that start off small, do really well and get taken over.

When we look through the list of currently listed small MCap O&G companies, most of the companies are wannabees, neverwillbees or justdoingokays.

But in the upswing of the PoO, some companies can do very well.

Ones that spring to mind but are no longer listed are: venture; edinburgh; dana; nautical; encore; ithaca;....

I think HUR; IOG; SQZ and I3E could be the next ones in this price cycle.

[showme01] 12/6/2018 17:14

Patience chopsy :-)

mjmark.Until all facts are known it is hard to assess exit points but I've currently got in my mind £3.50 sell 20%, £5-6, 50% which I expect by year end after a successful reserves drill and will hold 30% into 2019 to see how well they do with their drilling campaign.
I'm wary about selling too soon so will assess as move unfolds. 65% is in my SIPP and could really make a difference to my retirement in years to come.

[chopsy] 12/6/2018 16:43

I'd rather they got on with the funding get it sorted and announced.

[i like trees] 12/6/2018 16:30

300k. It's got to be imo. Great idea the directors doing a non funding roadshow!

[begorrah88] 12/6/2018 16:14

Let's hope that 300k is another bite off the JCAM holding

[cashandcard] 12/6/2018 15:47

Showme01,


Good to see you back posting on the board.
Great posts as usual, keep it coming.


Cash