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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 Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 28.00 27.00 29.00 29.05 28.00 29.00 24,004 11:57:29
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 50.9 18.2 8.5 3.4 48

Jkx Oil & Gas Share Discussion Threads

Showing 12776 to 12799 of 12800 messages
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DateSubjectAuthorDiscuss
01/8/2021
11:14
Big shareholders don't want to sell at these prices currently. Can't see buybacks as would reduce liquidity of shares currently but maybe that'll change - just takes one of them to need the money. I think management is enjoying building up cash reserves at the moment. Dividends....hard to say. Wld be a good way to make share price what it should be.... I guess it all depends a bit on what expansion plans they've got, new wells to drill etc.
researchcentre123
31/7/2021
22:56
Any possibility of a dividend / buybacks on this?
rjmahan
21/7/2021
08:50
The problem with that analysis by Concorde Capital is perhaps because they're based in Ukraine they don't see the bigger picture. Ukraine is incredibly cheap. If you go there, you can get a fantastic meal or stay in a palatial apartment for 1/5 the cost of the equivalent in the west. Just check out airbnb to confirm it. But the locals don't think it's cheap as they earn locally. This business though is not a cake shop in Lviv. It's producing oil and gas which can be sold internationally, but paying Ukrainian wages to produce it. The business though is priced like the cake shop and so cheap that it has cash at 2/3 market cap( I know they owe 14m to the govt but they're also owed 11m). You are effectively buying a business at 9p a share if you allow for the cash, and that reduces the PE ratio to about 1. When something is on a pe of 1, there is a lot of downside risk allowed for.
researchcentre123
20/7/2021
20:13
JKX's Ukraine production is always up and down and has been for years, but they do have lots of reserves. For Concorde to say they are skeptical of the mid-term outlook is a bit silly. Even if production drops they are still raking in large amounts of money. If they couldn't get more production by drilling for it (I believe they are drilling another well in September), they have the money to buy some.
hoper2
20/7/2021
15:19
One broker's view of yesterday's Q2 production figures, with Alexander Paraschiy saying how Ukrainian production is in decline, and the overall production is also in decline, but cash is growing. hTTps://concorde.ua/rs/daily/item_77984/ He makes no mention of the positive impact of rising oil, condensate and gas prices on cashflows compared to last year. It is the cashflow that is important here and not particularly the overall level of production. It would be nice to know what the expected year end cash position will be.
itsriskythat
20/7/2021
15:16
Well it's a better pe ratio than Tesla however you calculate it........
researchcentre123
20/7/2021
15:02
I think 3.2 is last years figures. It's impossible to guess at this years numbers because of the recent increase in production and significantly higher oil and gas prices in the Ukraine. If both continue for the rest of the year we could end up with cash and inventory equal to their current mcap. If that was the case the PE could well be around 1.2. That said it is the oil and gas sector and it is the Ukraine so nothing is certain.
hoper2
20/7/2021
14:32
3.2 according to yahoo
researchcentre123
20/7/2021
11:58
There seem to be some bigger purchases today - one lot of 100k shares I notice
researchcentre123
20/7/2021
08:25
It's going to be profit divided by market cap. The only thing is we don't seem to have profits in last statement so need to guestimate them. Trading profits will have gone up because of the oil strike and increase in prices but to have a more meaningful figure strictly you should take off the allowance for the court case they won as it's a one-off (except of course there's that 11m they are owed but don't know how to collect yet). Anyone here got a guestimate of profit (and how they get it please!)?
researchcentre123
19/7/2021
21:28
Trying to work the P/E and came up with 1.2 can anyone else confirm
thordon
19/7/2021
16:19
I agree. Easy to talk patience harder to do it but it's the advantage a small investor has over an institution which needs instant results. The longer they carry on generating oil and gas like they are the more people will realised just how ridiculously cheap they are
researchcentre123
19/7/2021
16:13
Patience is the key here. Lots of patience....
suffolkjim
19/7/2021
14:51
Rotten timing, couldn't be helped, but there's a sell off in the market today fingers crossed it rebounds on that great update. Zak Mir reading the charts reckons that JKX is at start of a rising channel and could be in the mid 30's, 36p to be exact, by next week. We'll see.https://www.voxmarkets.co.uk/articles/traders-cafe-with-zak-mir-bulletin-board-heroes-july-19-aa762c8/
jaka
19/7/2021
12:22
Yes even if one day Ukraine and Russia vanished off the map they'd still have 2/3 their market cap in cash.....doesn't seem much of a risk to me other than for those "I don't like it as it's abroad" types.
researchcentre123
19/7/2021
11:37
We've gone from 14.5m to 36m cash at bank in hand in less than 12 months. What's not to like ?
imjustdandy
19/7/2021
11:32
When will the market correctly value this. Should be closer to one pound based on these figures. Cash at bank just building daily.
imjustdandy
19/7/2021
10:31
If JKX carry's on cash will overtake current value of company within 6 months. Bonkers how Aim works
thordon
19/7/2021
08:45
This is actually looking like a very well-run company now. So we did get our update today in the end! A few more buys today I see. It's probably going to be an interesting day today as more people read the update and some buyers come in.
researchcentre123
19/7/2021
08:04
Hur nearly producing same as us and mcap is 58mil there and debt is 230 mil with only holding 130mil in bank?!!!!So HUR assets valued at 58 plus 100,equals to 158mil,while our assets valued at 50 minus cash in hand of 40 equals to 10mil only??? With production of 10000 bopd????????
maqsood7
19/7/2021
07:40
Mcap is really low and it has to move north in a big way.40mil of cash!!Production of 10000bopd!!!!And mcap of 50mil!!!!Nearly same as cash in bank?????
maqsood7
19/7/2021
07:10
$40mil of cash and oil inventories mcap at just under £50 mil crazy
mick1909
18/7/2021
21:13
Top Shareholders Top 25 shareholders own 90.85% of the company Ownership Name Shares Current Value Change % Portfolio % 27.54% Eclairs Group Limited 47,287,027 $12.8m 0% no data 19.97% Bridgewater Holdings Corp. 34,288,253 $9.3m 0% no data 12.98% Burak Ozdogan 22,295,598 $6.0m 0% no data 11.45% Keyhall Holding Limited 19,656,344 $5.3m 0% no data 6.17% Interneft Ltd. 10,599,447 $2.9m -0.02% no data 1.61% HBOS Investment Fund Managers Limited 2,772,983 $748.7k 6.13% 0.01% 1.49% River and Mercantile Asset Management LLP 2,555,279 $689.9k -8.54% 0.02% 1.31% Maybank Asset Management Group Berhad 2,246,856 $606.7k 0% 0.63% 1.23% Barclays Bank PLC, Wealth and Investment Management Division 2,107,810 $569.1k 5.15% 0.01% 1.13% Banque Richelieu Monaco., Asset Management Arm 1,932,828 $521.9k 0% 96.31% 0.95% Interactive Brokers Group, Inc., Asset Management Arm 1,630,417 $440.2k 21.32% 0.02% 0.64% HSBC Global Asset Management (UK) Limited 1,095,743 $295.9k 1.52% no data 0.56% IG Group Holdings Plc, Asset Management Arm 969,303 $261.7k 1.54% 0.03% 0.53% A J Bell Holdings Limited, Asset Management Arm 913,242 $246.6k -32.08% no data 0.44% Fourton Rahastoyhtiö Oy 750,000 $202.5k 0% 0.06% 0.41% Ravenscroft Investment Management 708,694 $191.3k 0% 0.03% 0.38% Jarvis Securities plc, Asset Management Arm 645,752 $174.4k 25.81% 0.01% 0.36% DEGIRO B.V., Asset Management Arm 615,377 $166.2k 133.2% 0.05% 0.35% Equiniti Group Limited, Asset Management Arm 603,494 $162.9k -2.08% no data 0.33% Guinness Asset Management Limited 562,972 $152.0k 0% 0.01% 0.31% Idealing.com, Asset Management Arm 524,672 $141.7k 2.01% 0.07% 0.24% UBS Asset Management 411,533 $111.1k 14.01% no data 0.17% Canaccord Genuity Wealth (International) Limited 291,691 $78.8k 9.75% no data 0.16% SEB Investment Management AB 275,039 $74.3k -8.32% no data 0.16% Standard Chartered Bank, Asset Management Arm 273,000 $73.7k 0% 0.02
thordon
18/7/2021
20:24
the trouble is the big shareholders think the same as us ie it is very cheap so no point in selling at these prices. Still, there should be long term pressure on the shares upwards given the NAV and increasing profits, low PE etc so maybe over time that'll bring more liquidity.
researchcentre123
Chat Pages: 512  511  510  509  508  507  506  505  504  503  502  501  Older
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