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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
  -0.40 -0.9% 44.00 43.00 44.00 44.50 43.50 44.50 270,403 16:35:24
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 50.9 18.2 8.5 5.2 76

Jkx Oil & Gas Share Discussion Threads

Showing 12676 to 12699 of 13100 messages
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DateSubjectAuthorDiscuss
21/6/2021
12:59
That 17000 block you then? I don't really buy into charts much, I'm more into fundamentals and on that basis whether you look at net assets or pe ratio these are ridiculously cheap, ie several times undervalued. Still if your charts say it's going up I'm not going to argue. They were doing worse in January but had a much higher share price. It seems that people look at this and say "Ukraine I don't like that" rather than "Hey this is in a safe bit of the country even if they do get invaded....and anyway war in Europe has a very small probability now as the Russians need to sell their gas to someone and more want a distraction"
researchcentre123
21/6/2021
10:48
BTW, cup and hamdle formation here,expecting breakout anytime!!Hold tight.
maqsood7
21/6/2021
10:47
Got another top up.Good price 24.9p,never imagined I would be able to buy at that price.
maqsood7
16/6/2021
15:15
I t usually takes them a couple of weeks after that to prepare the accounts. Anyway not long.....
researchcentre123
16/6/2021
12:29
Two weeks away from quarter ending.
maqsood7
16/6/2021
08:35
I'm not quite sure where your days for quarterly results comes from Masquood. By my calculations it's at least another month. Hopefully anyway that'll give them some time to produce a bit of oil. On the cash side there are liabilities to offset some of the cash although these are allowed for in the accounts and yes they are owed 11m by the govt, but have to figure out how to collect it. I would imagine there will be some trade off along the line - perhaps an offset against taxes or something for the 11m as that would be least painful way to pay and the govt aren't awash with cash. I can see it being a while to collect otherwise which is why they haven't added it to the accounts, but expect they'll get it. I'm long like you but think it's more helpful to take a longer term view- as things improve so will the share price, probably rather faster with a gradual change in sentiment
researchcentre123
15/6/2021
10:40
Quarterly update within days now!!We recently had nice add up on our existing production!!Mcap is just above the cash we holding!!Multi bag potential with next update!!And still some people are selling??????Really confused. No wonder people make losses.They don't know when to buy and when to sell,lol.
maqsood7
14/6/2021
18:00
We are two weeks away from quarter end.And expecting pi's to take positions before that.Also news expected to receive anytime for out arbitration award of 11mil!!Got some more today and will be buying more with more cash available.Good time ahead,multi bagger if oil stays strong at around 70!!!
maqsood7
14/6/2021
16:37
Maybe a significant buyer has caught on
suffolkjim
14/6/2021
15:34
What is happening???????Lots of buys coming in all of a sudden??Ask is rising and gone to 27.50!!11mil has already came to us??
maqsood7
08/6/2021
09:30
Maybe we've just got to wait for next quarterly accounts? The interesting thing about these shares is that most with such high net assets (several times market cap) are making a loss, whereas these are making a huge profit and expanding. I guess some people are scared off by Ukraine/Russia but let's say odds of invasion are 5% (I'd say much lower as would be disastrous for Russia with sanctions, negative side etc- I think the mere threat is the distraction Putin was after, and these wells are not in the disputed areas anyway).... well that warrants maybe a 5 percent discount if you think that means a 100 percent wipeout (which would be highly unlikely) Here though we've got an 80 percent discount on a company that is making money..... So it makes sense on the basis that sooner or later other investors will see the value here and come to their senses. Anyone else got an opinion here?
researchcentre123
07/6/2021
17:14
Any guesses on this catsick?
researchcentre123
07/6/2021
10:18
Would be interesting to know from the company what it cost to drill this well and how many wells can they realistically drill into the area that they have, setting this out would show clear value ...
catsick
07/6/2021
10:08
Well for many funds it's too small to be interesting but ironically as it gets more expensive it becomes more interesting to them. I guess that's the advantage of being a small investor.....
researchcentre123
07/6/2021
10:02
I feel like we've found a little gem that the market hasn't woken up to yet.
suffolkjim
07/6/2021
09:54
Move into 30s coming.
its the oxman
06/6/2021
10:38
Well the average Price earnings ratio in this sector at end of 2019 was 16.98 ie it would take roughly 17 years of profits to pay for the share. Currently this pays back in less than 3 when you allow for everything, maybe a lot less. I think that gives the share price some room to move up. A company earning that much sooner or later has to increase in value.
researchcentre123
05/6/2021
05:31
Goodness me, do you really believe that?
glavey
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
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