Jkx Oil & Gas Share Discussion Threads

[greenroom78] 17/1/2013 21:14

One thing to bare in mind here is that the loan they had which was clearly a drain on cash resources should now paid off (finished in December as far as I am aware).

Still quietly holding the ones I bought back end of last year at these levels.

[salpara111] 17/1/2013 21:08

Stock "on loan" is just that! It is not bought and sold in the conventional sense.
I lost a small amount on a long spread bet about 3 months ago and have been watching this for a while.
It does not appear that there will be any "new news" before march so I am cautious about taking a stake although there could be a rally if the relatively large current short positions are wound down.

[hashertu] 17/1/2013 19:12

Salpara.

I too noticed the change of stock on loan.
However, the volume of trades over the last 4 days has been low, and nowhere near the stock on loan change.
For my education can you offer an explanation that reconciles this apparent difference?

[salpara111] 17/1/2013 16:39

Big drop in the short interest in the last couple of days, down from about 19M to 15M.
That would at least explain the share price rise in the absence of any new information.

[falklands] 17/1/2013 15:04

Might put this on my chris oil twitter watch list not made it so far but will see

[brucie5] 17/1/2013 14:48

Needs to clear 80 first.

[2bung] 17/1/2013 13:58

is it finally about to move?

[g8ta] 17/1/2013 11:29

Short interest decreasing now. No fun for shorts here.

[2bung] 15/1/2013 16:44

And the management are complete dummies.

[falklands] 15/1/2013 09:45

The trouble is the political issues around the gas price if gas price is cut by half that means no overall increase in profit even though we assume production increases.


I had a look at digital look profit forecast and it's down take a look yourself

No good looking at old nav on old gas prices it's not confirmed yet but markets pricing in this new much lower gas price.

[2bung] 14/1/2013 15:51

Yep, the company looks so undervalued, yet all they seem to be doing is releasing interim results, nothing else going on.

[2bung] 10/1/2013 18:20

Shorts increasing again, looks like they want to take it into the pennies.

No word from the company about it.

[2bung] 10/1/2013 13:58

a bit of profit taking going on today - we did get up to the high 70's after all!

Anyone contact the company ?
[e-mail]

[the ballcock] 09/1/2013 12:31

that's great advice brucie, i'm not in this. all i'm doing is warning others, they are crooks like that new RPO

[salpara111] 08/1/2013 20:20

keeping on my radar but wont invest before the next set of results.

[2bung] 07/1/2013 12:47

I'm also losing confidence here. Pathetic performance, and lost opportunity cost.

[g8ta] 03/1/2013 10:23

Regal (RPT) have issued an update today. "The Company continues to benefit from the relatively strong gas prices in Ukraine ". The same should apply to JKX.

Yesterday we had this:



Today we have a response:



It seems gas prices will continue to remain high.

[jumbo66] 02/1/2013 23:48

happy new year one and all re jumbo [hd]