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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% 47.00 46.50 47.50 47.00 45.75 45.75 72,079 10:00:57
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 50.9 18.2 8.5 5.5 81

Jkx Oil & Gas Share Discussion Threads

Showing 12651 to 12675 of 12925 messages
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DateSubjectAuthorDiscuss
04/6/2021
14:34
Hahaha.JKX does not need ramping,we need someone to wake the market up as this share is way undervalued!!If mentioning the positive aspects called ramping then be it...Yesterday zak mir mentioned JKX in his BBH and which will bring lots of interest here,would you call it ramping too??????39p first target and 60p second target with production stable at this rate!!And 60p will give just around 100mil mcap which is too small for company making 250million usd revenue per annum!!!!!Hope you don't say that I am still ramping!! Lol.
maqsood7
04/6/2021
13:25
Big position building. Happy Days!
jaka
04/6/2021
07:54
Don't think these need any ramping really. The figures speak for themselves. Either something is cheap or it's not. I've never been overly convinced by the man in the market shouting, "Lovely bananas. They're worth £10 each but I'm selling for 50p." But if he shows you 5 other stores selling for £1, then maybe 50p does look cheap. These have huge cash - over 50% of market cap- and a business as well whose current pe ratio is 3. Even allowing for extraordinary items it seems likely the PE ratio just went down with the current boost and oil price. So to me it's a good bet. $50m extra coming in, extraction cost it seems not much ($4m?), big chunk of tax etc so they get maybe another $20m per year profits, giving them $40m a year, or £28m so PE ratio currently 1.5? Maybe I'm optimistic but it's so cheap it seems to me it has some upside.....and I don't think Putin wants a war right now, maybe just a bit of respect from his neighbours.....
researchcentre123
04/6/2021
07:02
From the 2020 accounts average lifting cost is about 5usd per barrel, this new well alone justifies the company market cap ... these are crazy cheap
catsick
04/6/2021
06:11
Maqsood, careful posting all that conjecture as some people might get the impression that you were trying to ramp this. What's that? You are? Oh, OK. :-/
glavey
03/6/2021
13:08
Most of the transactions today are buys and if someone selling now should consider doing something else than investing in shares!! Imo.There is massive upside here,wait for the herd to arrive here!39p is the first resistance here.....
maqsood7
03/6/2021
13:00
Russians were happy for oil sitting at usd40,means extraction costs are much more cheaper in that region!So if oil sitting around 70usd means 30usd profit minimum!!!!That equates 30k profit per day!!And about 11mil profit alone from this well per year!!!!!!!!????Oil staying between 60-70usd and if production staying at current level of 10k from all the sites then we will have clear profit of around 90-100mil????????!!!!!!!Pls correct me if I am wrong.But I think DIVIDEND IS COMING HERE or SOME MORE ASSETS GRABBING!!
maqsood7
03/6/2021
11:51
Weak holders selling out, but should race higher at some point.
its the oxman
03/6/2021
11:28
So on that basis turnover up 70%? A few assumptions there like production carrying on at same rate etc but all in all looks very good to me.
researchcentre123
03/6/2021
11:22
Well I'm no expert here but if the rate carries on for a year it seems like that adds over $50m to the turnover. (At $70 barrel and 890 barrels of oil a day and 1248 barrels of oil equivalent x 365 days). Anyone got the gas price to get a more accurate figure?
researchcentre123
03/6/2021
10:47
Yes crazy, just that well for a normal company would add 30mio usd to the enterprise value, I wonder what the drill cost was , they should be drilling like crazy now ....
catsick
03/6/2021
10:43
This will create more and more interest in coming days!1000bopd from this will alone!!Some companies are valued more than us with production of just around 1000bopd, and our total production is 10000bopd now with this well!!People will realise soon and mms will take this much much higher imo.First resistance is at 39p and second resistance at 60p!!
maqsood7
03/6/2021
10:11
Excellent news!!More to come!This is the beginning of mighty RERATE here!Hold for gold. Good time ahead.
maqsood7
03/6/2021
09:48
Hopefully back to upper 20s for a start, so so cheap.
its the oxman
03/6/2021
09:48
That's a very good result. In fact with oil and gas prices high it's a brilliant result!
hoper2
03/6/2021
09:41
Something to cheer about, a positive well result, see we can generate good news.
its the oxman
02/6/2021
17:35
https://oilprice.com/Energy/Crude-Oil/IEA-Backpeddles-Says-Oil-Demand-Will-Soon-Reach-Pre-Crisis-Levels.htmlHere's another on where oil is going. So if the share price stays still with increase in oil price we're heading to PE ratio of one......
researchcentre123
02/6/2021
17:25
https://www.standard.co.uk/business/markets/ftse-100-bp-shell-markets-oil-b938399.html?ampOil seems to be doing well so I would imagine their earnings would be considerably improved
researchcentre123
02/6/2021
14:01
All i can say here is SIGNIFICANT RERATE HAS TO HAPPEN HERE,AFTER COVID AND RUSSIA TROUBLE HAS GONE!
maqsood7
01/6/2021
18:54
They have to pay some of the cash in backdated rent to the govt (all allowed for in the accounts and next year earliest) but then again they have $11m to collect off the govt. and that's not in the accounts. I think generally pple are scared abt ukraine, Russia and political instability. But there is such a huge discount that that is more than taken care of IMHO. I've gone into this on the basis that it is so cheap sooner or later the price has to catch up with it's asset value. It's pe ratio of 2.46 makes it not exactly expensive even if you allow exceptional items
researchcentre123
01/6/2021
17:37
I took a small position here today. Seems too cheap. Market cap almost backed up by cash. Profitable business is effectively free. What's the catch??
jon4567
25/5/2021
12:58
Thanks just off topic as JKX last dormant for long periods of time between updates the market is very fickel and there are a lot of crazy valuations of companies especially in the tech sector just through it out there incase anyone interested plan to increase my holding here when funds available as when this moves this can pretty quickly
mick1909
25/5/2021
10:10
RE TEK I never liked the look of a tiny company paying a huge salary to MD and where "assets" and "profits" just depend not on cash etc but a subjective opinion. Still good luck if you can do well with it
researchcentre123
25/5/2021
08:48
If you want to diversity your portfolio have a look at TEK they have a mcap approx £20 mil and have 4 Company's 1 of them will float on aim friday for approx £50 mil mcap which TEK own 15% the other 3 companies have huge potential
mick1909
24/5/2021
22:30
Yes,drilling news should be coming here in near future as russia has step back and things are more stable in the region now.If not then quarterly update is a month and a half away??!!
maqsood7
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