Jkx Oil & Gas Share Discussion Threads

[littlepuppi7] 03/2/2020 08:57

Considering they are probably debt free by about now. This is ridiculous. Just getting caught up in negative sector sentiment.

[investor114] 28/1/2020 12:53

Too undervalued.Its been off everybody's radar.

[patience a virtue] 28/1/2020 12:38

Bought some too, either not showing or marked as sell. Seems undervalued imv.

[investor114] 28/1/2020 12:33

Bought some today.Trade not showing.
These look cheap.Debt free in Feb.

[jaka] 23/1/2020 23:13

New interview with Victor Gladun about Ukraine gas tariffs and improving outlook.

www.intellinews.com/interview-ukraine-gas-tariffs-stay-low-energy-sector-outlook-improves-174979/

[littlepuppi7] 20/1/2020 09:18

Would not be surprised to see this hot 40p this week

[littlepuppi7] 17/1/2020 11:02

Unb stake is worth about the current market cap alone.. crazy.

[littlepuppi7] 17/1/2020 10:06

Yep it's next leg up starting

[s1zematters] 17/1/2020 10:05

Looks like the skip rats have been cleared at 30p so on wards we merry men go.

[bc4] 17/1/2020 10:04

Got 20,000 at 31.4p not to bad

[bc4] 17/1/2020 09:55

Yes wanting 32.19p for 10,000

[sphere25] 17/1/2020 09:51

Next leg up here?

No stock available to buy at the moment. Book has been closed from buying anything above 1k.

23/01 UPDATE:

Breakout failed. Sold. One of the few trades that haven't worked in this optimistic market.

[texaschaser] 15/1/2020 19:29

Iamgreat1 aka @thelongergame aka ZM19 on LSE Aka jammydodger (stopped posting on 6th December set up iamgreat1 on 6th December and ZM19 on LSE 8th December Deramps under one name pumps on other names

[s1zematters] 15/1/2020 10:00

The 38768 share buyer at 30.85p from yesterday at 15.16pm sold out this morning at 30.6p?
"Faint Heart Never Won Fair Lady"
My lord, what small hearts traders have these days, everything looks good to me the clear out at this level ready for the next leg.


AIMHO.

[s1zematters] 15/1/2020 08:01

NT to buy.

[s1zematters] 15/1/2020 07:55

Hello all,
i retook an interest back in JKX last week and yesterday, the results/assets /cash are obviously way ahead of the shareprice and the negative Ukraine reverse premium appears too harsh.

This was one of my best performing share of 2019, went from 30p to 6op this time last year and i held in size.

Yesterday afternoon i was offered 200k at 30.8p but someone took 175k at approx 3.30pm to clear that level, hence the after hours print..

The risk has always been and remains the shareholding structure,cross holdings, the location and more recently the large seller.
The former stays the same but with the large share trades seen over the last few days it would appear that the seller may be now complete, if so a snap back up could materialise .

[jaka] 15/1/2020 00:15

Great post, the upward trend for the immediate is towards .38p so I wouldn't say that was too ambitious so good luck!

[texaschaser] 14/1/2020 20:31

I guess it’s only a short while before @thelongergame aka ZM19 on LSE has sold down after pumping JKX.

[texaschaser] 14/1/2020 19:00

Totally pumped about to crash. Thelongergame car salesman is waiting to sell to you. Lol

[sphere25] 14/1/2020 16:50

Price 31p +11.5%

That looks a very significant breakout of that key 30p resistance mark.

Stock has moved beautifully throughout the day and finished at the absolute high of the day, a tad beyond even the market hours high of 30.9p with demand in the auction closing the stock at 31p.

It is also the first time going back to early 2019 that the stock has clearly broken the downtrend with the bears being in control since the highs of 60p. Had those big buyers of stock stayed on the sidelines yesterday, there is no doubt this stock would have continued flatlining at best.

Instead the chart is now very bullish. Clearly the chart and buying is backed by the fundamentals (I'm no oil/gas expert so not much to be said there - only glance in and take the trades like IOG recently) with the recent update inspiring the market to buy in size and begin a re-rating of the stock.

Looking at the previous movements of the stock when it has broken higher though, this could spike very rapidly now. I'd love to be able to sell around that 40p mark (too little?), though it could be a slightly slower buy the dip type move now - rather bullish however you look at it.

Let's see how we get on.

[littlepuppi7] 14/1/2020 10:04

Another well coming online now as well, adding around 200 - 300 boepd.. Incredible numbers, debt free in days, 10% stake in UNB which is worth about the current market cap, plus an incredible level of their own reserves... Must be worth 3 digit share price all day long..

[sphere25] 14/1/2020 08:58

Noticed that. Near enough 7m volume - very significant and sticks out like a sore thumb. Two blocks of 3.3m and 2.5m are of particular interest.

Gone long at 29p for a trade.

Buyers are crawling all over this in the current auction.

EDIT: Trade correction printed. The 3,297,969 has been corrected to 3,197,969

[littlepuppi7] 13/1/2020 19:53

Some very large trades today.

[jaka] 12/1/2020 22:51

KOLOMOISKY, BOGOLYUBOV, AND KHOMUTINNIK GAS COMPANIES INCREASE PRODUCTION
01/10/2020

Poltava Gas and Oil Company (PGNC), which is part of JKX Oil & Gas Igor Kolomoisky, Gennady Bogolyubov and Vitaliy. Khomutinnik, increased gas production to 280.7 million cubic meters last year, which is 55% more than in 2018.

Oil and condensate production amounted to 47.4 thousand tons last year, which is 41% more than the previous year. The company also produced 13.7 tonnes of LPG, which is 22% higher than in 2018.

Last year, the company invested $ 18 million in increased production of its own
resources, the company added.

In turn, the parent company JKX Oil & Gas plc reported that last year, production for the whole group increased by 20% compared to 2018.

JKX Oil & Gas is engaged in the exploration and production of hydrocarbons in Ukraine and the Russian Federation. The largest shareholders of JKX as of March 29, 2019 were the Eclairs Group of Igor Kolomoisky and Gennady Bogolyubov - 27.54% of the shares, Cascade Investment Fund of Vitaliy Khomutynnik - 19.97%, Neptune Invest & Finance Corp. - 12.98%, Keyhall Holding Ltd. - 11,45% and Interneft Ltd. - 6.16%.

According to SKELET-info, Homutynnik bought a stake in the oil and gas company JKX Oil & Gas in Kolomoisky and Bogolyubov in the summer of 2018. The Antimonopoly Committee of Ukraine has allowed the Cyprus offshore Orinast Limited Homutynnik to buy more than 50% of the shares of another Cypriot firm, Dresdenco Investments LTD.