Petrotal Share Discussion Threads

[johnhemming] 15/4/2021 13:54

Thank you to zeusfurla.

[zeusfurla] 15/4/2021 13:51

Johnhemming I for one appreciate your comments and hope you continue. It is always good to hear all views. It's then up to readers to decide what value to attach to them. There are posters with a range of agendas and if a PI isn't savvy enough to interpret what they read they won't be investing for long.

[buffythebuffoon] 15/4/2021 13:47

It made them no money John, and they couldn’t convert posters/readers into revenue, with the vast majority being uninterested in their ‘products̵7;. The USA site stayed open due to better marketing.

Buffy

[johnhemming] 15/4/2021 13:44

I have now stopped commenting on the situation in Peru because I have been requested to.

However, I have explained how I see the situation. I expect the share price for Petrotal to go down and do not intend selling shares although if it gets low enough I am likely to average down. I have put in some contingent purchase orders so I don't have to keep an eye on the markets all the time.

I have posted more frequently about Peru because of the rapidly developing situation. However, if people don't want me to I won't.

I have found some postings on ADVFN particularly helpful and am inclined to share information that I have that are relevant to stocks whether that be positive for the stock or negative.

I did post a lot on TMF and I think they made a mistake in closing the forums there as they had quite a well informed group of investors. Still such is life.

[buffythebuffoon] 15/4/2021 13:11

“ you will see I have been posting on ADVFN for more than 10 years. Your first post was on 05 Jan 2007 - 19:11:58. Mine was 03 Jan 2002 - 22:11:00”

This doesn’t really address the issue raised in my comments though, does it? Aside from that, I fail to see why how long we have been posting is of any relevance unless we had only started recently. I have been posting on TMF, the Motley Fool, since 2001 I think it was. ADVFN was a comic for Oil & Gas E&P company investors in those days, and has only improved (but still well below the level of the Oil company board on TMF) because TMF in its UK form no longer exists.

Your move...

Buffy

[johnhemming] 15/4/2021 12:27

I am quite happy with democracy. I see three votes here "valhamos", "buffy" and "doughcyclone" that would like me to stop commenting on the situation in Peru. If more than three people ask me to continue I will otherwise I will stop.

[valhamos] 15/4/2021 12:25

The agenda is clear, and also demonstrated by the posting frequency.

[johnhemming] 15/4/2021 11:59

>Sorry but you can’t possibly, with a straight face, claim that your speculations about whole right wings parties suddenly voting far-left, to be news.
The newspaper report is from 13th April 2021. I think that is pretty recent and has to be considered "news".

>You must admit John, that to a neutral observer who suddenly sees a plethora and >ongoing barrage of posts from you across ADVFN and LSE,
It is as you probably know possible to see all the posts from an individual. Hence if you have looked at this you will see I have been posting on ADVFN for more than 10 years. Your first post was on 05 Jan 2007 - 19:11:58. Mine was 03 Jan 2002 - 22:11:00


>The question is, are you short and looking to reverse it when it hits a certain >level, or are you just waiting for that level to top up?
I do not personally get involved in ramping and de ramping. I am in fact holding Petrotal with an average price of around 16p.

I am expecting the price to drop further following which I will average down.

Sometimes news is not good news, but bad news. I really don't think it helps other investors to keep bad news to myself. As I said if you don't like my factual information put me on a filter. I won't be upset.

[buffythebuffoon] 15/4/2021 11:50

You must admit John, that to a neutral observer who suddenly sees a plethora and ongoing barrage of posts from you across ADVFN and LSE, it certainly looks like you have an agenda, rather than just ‘keeping us informed’.

The question is, are you short and looking to reverse it when it hits a certain level, or are you just waiting for that level to top up?

You’ve said plenty, why keep posting?

Buffy

[sleveen] 15/4/2021 11:47

John, you've played a blinder there.

Time to buy back in!

[doughcyclone] 15/4/2021 11:43

Sorry but you can’t possibly, with a straight face, claim that your speculations about whole right wings parties suddenly voting far-left, to be news. It’s clear those kinds of speculations is to scare people. Why would I block you so you could continue spread your fear unquestioned?

[johnhemming] 15/4/2021 11:26

As an investor I like to know the truth. That is my agenda. If people do not want me to post news (whether it be good or bad) then there is always the filter. You can then not see what I am posting.

I have in fact been investing on my own account for over 30 years. The key to success as I see it is getting accurate up to date information upon which to rely to make decisions.

When looking at the political process in different countries it is a mistake to rely on the analysis of the media.

Looking at the presidential election in Peru we have:
Castillo 19 who I would expect to be backed by
Mendoza 8

That is only 27%, but there are all the blank votes and they may vote for someone although I would hazard a guess that they won't.

Aliaga had 12% which would take Castillo to 39.

I would hazard a guess that Fujimori will still win, but I think this shift (which will not move all of the votes and may only move half) is significant.

[doughcyclone] 15/4/2021 11:10

A material part of the right suddenly voting far-left? Um yeah good luck with that. Your agenda is clear.

[johnhemming] 15/4/2021 10:32

Rafael López Aliaga , candidate of Popular Renovation , surprised everyone by expressing that he would give his support to Pedro Castillo , from Peru Libre, who will go to the Second Electoral Round scheduled for June 6.


Its going to be close, but if a material part of the right backs Castillo I would expect Castillo to win.

[buffythebuffoon] 14/4/2021 14:23

Yes, thanks John.

Buffy

[johnhemming] 14/4/2021 12:58

That links enables looking at the database of arbitration cases between Canadian companies and Peru.

[buffythebuffoon] 14/4/2021 12:25

I was referring to the link in your last post before mine. Any further back and I’d cite the post number.

Buffy

[sleveen] 14/4/2021 12:17

Yes indeed.

Just look at Venezuela and its oil reserves what a crock.

[johnhemming] 14/4/2021 11:53

>What’s the link in relation to please?

Which link?

What I have looked at is the process that would be used by Petrotal to enforce the Canada-Peru FTA (Petrotal being registered in Canada) in the very unlikely event that Petrotal gets Block 95 etc taken away by the state.

When it comes to assessing risks I like to consider a range of possible outcomes.

Arguably it is probable that Castillo won't win.

If he does win he is talking about general financial changes not simply pushing companies off leases.

It is, however, worth understanding how international trade law works and what the basis of enforcement operates.

I post the links here because I think it is helpful for other shareholders, but I may have had more of an interest historically in international law than many. I have a case myself in UNECE at the moment.

The problem for Peru Libre is maths. Investors will always assess investments based upon a calculation as to what they have to invest, what the likely return is and other factors.

If the state creates shifting sands where there is less contract certainty at times investors won't invest alternatively they will want a higher return for their investment. Hence the actions of people like Peru Libre (if they do what they say they want to do) are likely to be almost entirely counter productive.

However, it being politics it is entirely possible for people to do things which are entirely counter productive. It is also possible that SL violence kicks off again. However, it was not in the Bretana area.

[buffythebuffoon] 14/4/2021 11:19

What’s the link in relation to please?

Buffy

[pec2004] 14/4/2021 09:55

Quite happy to see the fall to be honest, my average is below 10p and I want to double my holding as the projections of where we could be 2024/2025 are complelling.

[johnhemming] 14/4/2021 09:55

I do hold Petrotal.

[buffythebuffoon] 14/4/2021 09:51

Are you a shareholder John?

Buffy

[johnhemming] 14/4/2021 09:48

All I am doing is trying to provide useful information such as this wikipedia page:


People can make their own decisions.

This is also relevant

[buffythebuffoon] 14/4/2021 09:38

Let’s not get carried away. Scare stories abound in some regions, and the majority never come to fruition. Nothing has happened here; it’s likely nothing will.

This is a multibagger without a shadow of doubt.

Of course, you must make up your own mind and not be swayed by bulletin board posts, without which you’d have been perfectly happy.

Buffy