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Share Name Share Symbol Market Type Share ISIN Share Description
Jersey Oil And Gas Plc LSE:JOG London Ordinary Share GB00BYN5YK77 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  8.00 4.8% 174.50 174.00 175.00 174.50 166.00 166.00 262,534 16:26:53
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -2.1 -9.5 - 35

Jersey Oil And Gas Share Discussion Threads

Showing 7851 to 7868 of 7875 messages
Chat Pages: 315  314  313  312  311  310  309  308  307  306  305  304  Older
DateSubjectAuthorDiscuss
16/4/2021
16:39
Why should I be upset chessman? Was paying attention however as I mentioned several days ago a TP1 should land this week once the Placing Funders notified which is exactly what has happened with Amati's notification. There are still 8m+ to be notified. The large transaction to which you refer did not amount to 1.64m shares. If as you suggest the large transaction was anything other than a funder cross-selling, why did the share price not react more positively?
kakapo1
16/4/2021
16:35
Strong buying pressure into the close. Bodes well for a continuation on Monday.
x54v
16/4/2021
16:20
kakapo1, I hope you're not upset about the share price going up and are happy to see holders benefiting. If you had been paying attention you would have noticed a huge number of shares going through in the market 2/3 days ago.
chessman2
16/4/2021
16:20
kakapo1, I hope you're not upset about the share price going up and are happy to see holders benefiting. If you had been paying attention you would have noticed a huge number of shares going through in the market 2/3 days ago.
chessman2
16/4/2021
15:52
Good grief, do'nt the clever investors here realise Amati are one of the Institutions who bid in the Placing. They picked up 1.64m shares. Who has acquired the remaining 8m?
kakapo1
16/4/2021
15:46
Yes this is good news and should start an upward movement!!
chessman2
16/4/2021
15:41
Amati have acquired 5.15% hTTps://investegate.co.uk/jersey-oil---38--gas-plc--jog-/rns/standard-form-for-notification-of-major-holdings/202104161517177841V/
x54v
15/4/2021
11:51
The market shareprice is telling you that it is risked at somewhere around 10%. Ignoring and/or compressing the timescales - if it were definitely happening it would be (pick a number) £15 a share so maybe the share price would be around 1/2 of the company perceived NAV (which I thought was around £30- but could be wrong). It is about 10% of that £15. The market always prices visible risk significantly to the downside so the chances are probably in reality much greater than 10% - I personally suspect the chance of it happening are somewhere around 25%-33%. Risk is always huge until it is not. How many times do company share prices in all types of sectors trend towards 0 before an event triggers a huge company recovery and share price recovery to many multiples of the original. Of course in some cases some companies do indeed go bust ( as a shareprice trending to 0 implies). IMO JOG is worthy of investment BUT only as part of a balanced portfolio of risk. I wouldn't put the house on it. And if it fails it will make limited difference to me.
thedudie
15/4/2021
11:11
Thanks for the posts Hihly and JTS. Difference of opinion indeed. I do want holders here to sell their JOG shares for more than they paid but I have alot of respect for JLS and would urge holders to read his posts carefully as there are warnings there which are unbiased as far as I can tell. If the oil industry feels "no way" then JOG have perhaps a bigger mountain to climb than the BODs portray. The City view I think can be summed up : IT will not happen (otherwise the share price would be higher) but FOMO compels us to have exposure (i judge that by the latest fundraise) OR something was disclosed that is not well known. Finely balanced but weighted in favour of "no way". Question is will a part of the story unfold that enables shareholders to exit profitably later. The answer to that is..... Highly probable. Shareholders will do well to not forget the JLS warnings and not sit here like ducks on eggs. Imho.
mariopeter
15/4/2021
10:54
And that’s it. I’m signing off. A stupid debate with bean counters and no oil and gas professionals leads nowhere. Like any debate really. Please don’t ask me any more direct questions as they generally make me want to respond! I’m sure some will say ‘good riddance’!
jtsouthern146
15/4/2021
10:39
One more on your note HighlyUnlikely. "It had already produced c.150mmboe and was certified in a CPR whilst in the former licensee’s “ownershipR21; still to contain recoverable reserves of c.80mmboe" You are correct that someone (highly competent with all the same tools and ideas available) did an estimation before walking off and seemingly not even attempting to sell it. Resource estimates have a very wide range. Do you happen to know what that range was and where 80mmboe sat in that range? Two scenarios for you . Maybe the range was '80 up to something much higher' OR Maybe its the opposite and it was 'something much lower up to 80'. Who knows
jtsouthern146
15/4/2021
09:04
HighlyUnlikely - Since you have addressed me directly I shall respond directly then call it quits here. I hope I have the self-discipline to stay off this board because of the behavior, the lack of informed views & the hypocrisy. Firstly - You MISREPRESENT my view which i find disappointing from an educated former accountancy partner as you're keen for me to know. You can retract the statement that I am rubbishing or disagreeing with any experts it is not true. Yes I have claimed to have a long history in the North Sea when asked & nothing more than that. Not sure why backgrounds matter. What matters are facts and observations. Here are some below. And you are also wrong in your assertion that I hold this stock; as i've said before.., I used to at the Verbier exploration stage. When the appraisal well found no reservoir I got out. It's generally what happens when you appraise to prove up a commercial volume and find nothing; you get out. As stated in a previous detailed post I have seen no evidence presented of verbier commerciality to date by the company or its contractors though please do point me to it. 1) I have never said I disagree with 'the experts'. What I have done is point out the 172mmbbls have only been quoted by JOG to my knowledge. I have seen no update to Rockflow CPR supporting this view. Their last view shown is sub 100. In summary. there is no evidence presented to my knowledge that independently assessed 'Development pending' volumes are 172mmbbls. 2) The 172mbbls is composed mainly of 120 (thereabouts) from Buchan. This is quoted from a (again by JOG, not Rockflow the CPR provider or by Schlumberger directly) Schlumberger study. I have not disputed this. Every field has a technical recovery factor. The point is that in a setting offshore fields don't come close to technical recovery factors unless its a very high quality sandstone like Forties. This is fractured; much more complex. 3) Other North Sea Devonian fields achieve nothing close to 55% recovery 4) A comparison to hurricane is not ridiculous, you're simply misinformed. Hurricane was/is a novel play with high risk. It's a nice and digestible idea that significant production de-risks this but overlooks the simple fact that the future production method (water injection) is COMPLETELY different to the past (depletion). injecting water into fractures has no guarantees of significantly improving recovery. So no I don't disagree with the experts as you strongly assert, I am fully aligned with their numbers. It is the interpretation of those numbers by those on this forum that I find interesting. And many in industry will have seen many fields fall short of their estimates for things that were deemed obvious afterwards. So HighlyUnlikely.. good luck and I actually mean that sincerely. Differences of opinion are healthy, they make life interesting.
jtsouthern146
15/4/2021
08:47
There you have it, seems the wheel has well and truly come off the PR Machine. Many of us here have been questioning the remunerations, option awards, the bulging Management Team, all at the expense of Ordinary Shareholders. The Epistle really puts the writing firmly on the Wall.
kakapo1
15/4/2021
02:09
Thanks chessman (and you, CW) for your kind comments. They're much appreciated. Only the good die young so I should be ok :-). 70's quite young isn't it? Help..................arrrghhhh................. plop :-( No matter. Move on. I see my version of War and Peace (it HAS to be a record - 172m words.........) didn't make it onto the front page (so to speak). Feel free to copy and paste it on the other board if you think it's appropriate, chessman. I'm not the only person with a reasonable holding to feel the same about the big pay hikes and bonus and option awards, before shareholders have seen any real return via an increased share price There's no point whining on.It is as it is. As I've said, hopefully what I can't come to terms with won't make a great deal of difference to the outcome. I just don't like the taste of what's been served up of late. Yawn................
highlyunlikely
14/4/2021
19:10
Some Big Buys ?
daler1966
14/4/2021
19:00
A brilliant and most interesting post which probably summaries the positions of many holders. Many thanks for taking the time to put the various points on this board. I’m still holding and am also positive about a good future. Best Wishes chessman
chessman2
14/4/2021
14:04
redrag thanks. There are some who are not clever with the language used, however as I know from an event involving private business affairs, it is not easy to obtain a Court Order. The Police do'nt want to know and therefore without their involvement a Court will only consider if an individual throws a lot of money at the case. I began my investment here over 4 years ago, the entry of Schroders gave confidence Their exit blunted confidence and when Equinor departed, that was a warning to me. However I hung on until a couple of months ago when I was able to retrieve virtually all my initial investment. I retain a token number of shares and try to express what I have learnt with JOG over time. These kind of investments come with very high risk and conversely very high rewards. Sometimes an investor should depart from sentiment and undertake a risk assessment. NOt easy because most do not wish to admit being wrong and moreover are influenced by that illusive pot of Gold. It may happen here, but weighing up all the Factors, Internal and External. imo the eventual outcome may well be disappointing. The take-up of shares(80%) to qualifying Investors must be a concern to the BOD, who must be hoping the share price will climb to pacify the New Instituional investors. As always time will tell. DYOR GLA
kakapo1
14/4/2021
09:10
Down it goes below the placing price just as I said it would .Next stop 150P bid.
catswhiskas
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