Uk Oil & Gas Share Discussion Threads

[mam fach] 10/12/2017 15:24

Initial purchase 4p Sold @ 7.9 bought back @ 3.95 & 4.25.
Not in profit yet but hopeful we will see 5p soon.
Investors who got in @ 1p or below have a multi bagger.
Well Done.

[nocrap] 10/12/2017 14:42

has anyone here that is very bullish bought in at say 5, 6, 7,8, 9 or 10p

honest answers please are you all around the 1 or 2p buyers.

[rocketfuel1] 10/12/2017 14:40

Why don’t we buy subscriptions to share tip sheets and shorters bulletins. What money we could all make

[nocrap] 10/12/2017 14:05

i would buy this stock at 0.8p and not above it and once the rns comes out with flow rates i would calculate the correct value.

if its say 6oo barrels i would put a value of the stock at 4 to 5p. but i would sell below it in order not to take it to the max.

but if its lower than that flow, i wouldnt make much of a loss buying at 0.8p
but the price is nearly 4p already, so where is the margin of safety for new buyers??

however bullish you can be, im aware of the use of swabbing in drills, and its normally used in wells that wont flow fast.

[nocrap] 10/12/2017 13:57

yes the correct price was 0.8p to buy in that was what the stock can be valued at based on licences and revenue.

if you buy in higher than that you are reducing your margin of safety.

so any buyers looking in now will say, no thanks,
not for me, as they know that the buyers( controllers) have a price target to sell( margin of safety much lower) and once the market gets hit with these sellers it will drop and more than likely fast.imo

if you own a stock thats say £4 pounds perhaps worth £10 and will go to say £30 pounds in 5 yrs time, based on future revenue, profit it will still have buyers in year 1 2, 3 4, 5 and if its fundamentals are strong it will continue for year6, 7, 8 and so on.

[amr2017] 10/12/2017 13:50

Hi mikeygit,

If I make a mistake I am happy to correct it, although I've added more this morning!

[nocrap] 10/12/2017 13:45

agreed suckers buy new cars, but they get use from them drive to holidays, work, pleasure and find a seller after 3 yrs, albeit at a price lower.3 yrs later.

however buying a stock overvalued gives you no dividend, cant use it to get you to work etc and it dropping 70plus % in weeks makes it worse than a car.

at least a car has a buyer, a nanocap hyep stock can be a lobsterpot, eg never find a seller imo.

start analysing stocks, dont be a greaterfool, in greater fool theory.
if a company has genuine growing profits, its share price should rise.

do all readers keep up to date with books, websites about correct investing.

and previous question still awaiting answers.

what price did the bulls buy in at,

awaiting genuine replies thanks.

[kirk 6] 10/12/2017 13:38

Next week 5p

[mikeygit] 10/12/2017 13:35

Markycrisp---sounds as if you are having a morning IN then!!??
Well done AMR for the unfilter---less good posters than those on filter now!!

[mikemichael2] 10/12/2017 13:31

Plenty of 'suckers' buy new cars, only to see the price drop 20% after driving it out the showroom !!!

[bobdown2] 10/12/2017 13:30

Lots of experts on why not to buy.....trouble for me is that they all appear to be stupid....it's very simple now...they find oil or they do not. If they find lots of retrievable oil and forward revenues can be estimated, and if they are higher than the current market cap then the share price is adjusted accordingly. One would imagine that the talked off one continuous oil field is not in the price because it has not been proven yet. Best to look at the leading indicator at the moment which is the buying. Friday afternoons looked better than it has for a few weeks. Watch for sizeable buys to help see which direction it will take.

[nocrap] 10/12/2017 13:25

by all means buy small businesses that are growing have profits in new industries.
this stock isnt in a new industry , doesnt have increasing profits, its a pump and dump stock.imo

use your brain, be rational, most here went to university or college, imo.

you learned to analyse, and not be tricked into buying anything from someone that bought an overvalued item lower than you did you.


would you buy a car worth £10000 for £20000
that is only worth £2000., you wouldnt.

some folks on here bought in at a 10 times price eg 10p, why in heavens sake would you do that !!!

the main thing about this stock is b boards members that ramp a stock are never holders that bought at the top.
i can assure you, imo, noone here posting 10 or 20 times a day bought at 9 or 10p. also watch the back slapping, it appears that rampers are working as a team, why cos they never debate correctly.

b boards should have a 50/50 split in a stocks debate.

if its all ramp ramp, be aware, !!

ASK them,what price they bought in, watch the answers pop in!!

bet none say 9, 10 or 11p. most will say 1, 2, 3, 4 or even 5p

[rayrac] 10/12/2017 13:21

3 inches of snow here Gismo, stopped now though. G Children out there revelling in it.:(

Pseudonyms are trying their best, but next week will ‘sort’ them!

Have a good day!

[rayrac] 10/12/2017 13:09

I’m continually amazed, that these tw,ts can be bothered to post on this thread, with no financial interest whatever. On top of that, they know nothing about trading shares either. So anyone reading their trash, give them a wide miss.

They know nothing!

[nocrap] 10/12/2017 13:07

read the book penny stocks for dummies, you will see exactly how to play this stock and it is never a buy and hold.

it is also owned by very very impatient investors.

namely young guys with very low capital that have very little patience in waiting for gains.

use that to your advantage,!!!!

this stock is owned by the controllers eg those that hold most of the stock at a low low price and will try to own the suckers, those that will buy in at a high price.

do not do that.do not buy in and let them win!!

when a stock becomes higher the RISK increases, as the margin of safety goes.

so why would you want to buy from someone that bought lower than you.

dont buy, find another stock that is trading below correct calculatable market value , eg earnings and profits and that will NOT spike.

spiking stocks means the price wont hold!!

you need stocks that rise gently, low beta stocks. these are owned by longterm buy and hold guys.

this stock has collapsed from 11p because it is a dangerous hype stock that is only held by the CONTROLLERS.

[nicebut] 10/12/2017 12:47

adg,

Good post.

What amr2017 and the rest of the con artists are attempting to do here- is stifle any meaningful debate on how much UKOG might actually be worth if indeed its worth anything at all.

There is absolutely no point in comparing it in some way with the 2nd most valuable Co in the world, XOM- That`s just ridiculous.

The thing they all seem to overlook is that UKOG are having enormous difficulties completing the BB well, the 2nd well, the first didn`t work and had to be sidetracked. Now here we are 6 months later and still there is no news of commercial flow. 6 months later! These wells are difficult and expensive. How are they going to be commercial if they A/ take ages to complete, with all the cost involved and B/ Appear to flow at minimal rates (HH), if at all (BB)?

I agree, how is this valued at c140 million pound range? - It`s about 10 times over valued.

I think the way to profit from these over hyped, over ramped ponzi Co`s is by shorting them.

The likes of Gismo, MM, amr2017 and WTD don`t seem at all fazed by the drop in share price from c10p to c3p. I reckon they don`t care because they`re just ramping them from some boiler room so others buy. Very odd.

IMO

[trapissed monk] 10/12/2017 12:25

Yadda yadda yadda...you've all said your night nights/morning,discussed your weather and boring lives now stop wasting time on the snides.THAT train has already left.I now am of the opinion that there are some thickos on here reading their juvenile opinions of the machinations of markets. Come on amr,tell me again. who said ukog has got 10billion barrels of oil?
It's silly comment every day that fuel the derampers fire!
The snides have pocketed the cash generously devoted by mm and the rest of nice (oh yes,very nice! lol) people on here and are onboard for MASSIVE UPSIDE!
God loves you all,spread the wealth,sorry! word!

[markycrispy] 10/12/2017 12:13

8 inches here and it's snowing outside apparently

[amr2017] 10/12/2017 12:09

Mam fach,

Just unfiltered you after mikeys post and apologies if I offended you. The rubbish posted here recently resulted in me filtering a lot of posters, maybe you got filtered by mistake. Unfiltered now, good luck to you!

[terry hardacre] 10/12/2017 12:06

So all the licences and flow rates equate to 10 million pounds, your ignorance is only matched by your stupidity imho.Says the man who doesn't know the difference between OIP and reserves, and who thinks it's relevant to draw valuation comparisons with Exxon.Proven adg's point very nicely - anyone taking their lead from a tool like this is in very serious trouble.