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JKX Jkx Oil & Gas Plc

41.50
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
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 0.00% 41.50 39.50 42.00 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Jkx Oil & Gas Share Discussion Threads

Showing 12176 to 12198 of 13325 messages
Chat Pages: Latest  497  496  495  494  493  492  491  490  489  488  487  486  Older
DateSubjectAuthorDiscuss
07/6/2020
15:51
It also seems clear based on all the sources in tracking that interest in Jkx is rising substantially ( finally ) and now hopefully these last 3 months spent building a position will pay off. I personally don't see a better play on the market with relative pricing considered.
gregpeck7
07/6/2020
15:44
It's this bleeding phone. Because I do also refer to ppc it's on is oily corrected it( it's also a weapon in mech warrior! ) which I think is what happened. To address my point though. Unb stake is hard to value but I think it's worth 10's of millions (usd) and a lot of people don't even know it's an asset!
gregpeck7
07/6/2020
15:24
gregpeck - no problem I get names wrong all the time.
hoper2
07/6/2020
15:06
Apols not sure how that came out as ppc, I'm talking about the 10 percent stake in unb.
gregpeck7
07/6/2020
08:42
you guys should read the Final report. that specific investment has been fully impaired
Group unquoted equity investments comprise a 10% holding of the ordinary share capital of PJSC of "Mining Company Ukrnaftoburinnya" ("UNB"), a Ukrainian oil and gas company, and a 1.43% holding of the ordinary share capital of Linx Telecommunications Holding B.V. ("Linx"), a Netherlands telecommunications company. These investments were previously measured at cost as allowed by IAS 39 (paragraph 46 (c)) and were fully impaired at 31 December 2017 and had been for several years.
As of 1 January 2018 Group's investments in equity instruments were reclassified to financial assets at fair value through other comprehensive income in accordance with the provisions of IFRS 9. The Group has made an irrevocable election at the time of initial recognition to account for the equity investment at fair value through other comprehensive income (FVOCI).
At 31 December 2019 the carrying value of UNB remained fully impaired following assessment by the Board considering relevant available information and valuation techniques, reflecting:
§ the lack of liquidity in the shares of UNB and considerations regarding the nature of markets for such an investment;
§ the absence of any history of dividends or other returns on the investment since acquisition in 2006 and the significant uncertainty regarding future returns;
§ the absence of regular formal communication with UNB or potential buyers;
§ the level of uncertainty regarding any market valuation method based on quoted Ukrainian oil and gas companies given key differences in the respective businesses and corporate structures;
§ the limited number of quoted Ukrainian oil and gas companies that can be used for the market valuation approach, defined in IFRS 13; and
§ a paper prepared by a specialist third party advisor to the Board of Directors noted the limited number of likely parties potentially interested in purchasing the investment and the difficulties in determining the consideration for which the investment might be disposed generally.
At 31 December 2019 the carrying value of Linx was reported as $0.5m (2018: nil), with this valuation being based upon management's expectation of future and final dividends to be received from Linx in 2020. Management attends Linx shareholder meetings and is in regular communication with its management. Management understands that Linx continues to dispose of its businesses units and dividend out all proceeds to shareholders prior to a liquidation of the company. Previously dividends were received during 2017 and 2019 of $0.1m and $0.03m respectively after disposals of other business units. The carrying value of $0.5m is consistent with Linx management expectations of consideration to be received for disposal of the remaining business units and also with the most recent financial statements of Linx.

vk1971
06/6/2020
22:15
Thordon - I'm not sure what gregpeck7 means by "JKX owns 10 percent of PPC". My understanding is that PPC (Poltave Petroleum Company) is owned 100% by JKX. I think they are a subsidiary company of JKX and carry out all or most of the companies work in the Ukraine. However, I could be wrong and am happy to be corrected.
hoper2
06/6/2020
20:11
is that President Energy PLC
thordon
06/6/2020
07:45
Don't forget Jkx owns 10 percent of ppc, which is probably worth the market cap here before you start to value everything else... including cash!
gregpeck7
05/6/2020
19:52
Very nice day and it's stayed above 20p. Next stop 30p, which is still incredibly cheap but it has to go through the gears now.
gregpeck7
05/6/2020
11:50
moved my money from SDX into this one fingers crossed
blackbear
05/6/2020
11:48
It's a tremendous bargain at these levels..
gregpeck7
05/6/2020
11:45
Taken a few, it's well undervalued and now the seller is clear.
sbb1x
05/6/2020
11:41
Seems that large sell has been holding this share back should rise now the same as its peers target 25p
mick1909
05/6/2020
11:33
Spamming I do not like but agree with the points he/she has raised. It seems very undervalued imv despite operating in Ukraine as a minus. I hold a long position.
patience a virtue
05/6/2020
11:30
Russia......erm no thanks
pictureframe
05/6/2020
10:46
Been spamming every other thread with this.
bionicdog
05/6/2020
10:41
You can find him on Twitter. Easy to see who they are
sbb1x
04/6/2020
21:07
who is Littlepup not seen him/her on here
thordon
04/6/2020
05:21
Littlepup pumping this everywhere. It has gone down since!!
leoneobull
01/6/2020
12:19
He should be known as littlecuut
sbb1x
31/5/2020
22:55
Ammu12 - If you make a comment like that it helps if you give a reason.
hoper2
29/5/2020
14:55
I challenge Littlepuppi7 to a bareknuckle fight. Bring a container to take your teeth home in.
bionicdog
29/5/2020
14:21
littlepuppy
great post on jdx on ncyt share board
surge of buying building at ncyt
france moving up more
as people get in before sales rns expected there
after £90 million last month

bunz3
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