Uk Oil & Gas Share Discussion Threads

[datait2] 03/6/2019 22:33

Dealing in the Equity Income fund was suspended by Link Fund Solutions, the fund’s Authorised Corporate Director, to protect existing investors, following concerns about redemptions.

The fund has fallen in size over the last year, due to poor performance and investor outflows. The fund size is currently £3.7 billion, down from £6.8 billion a year ago.

A significant reduction in fund size jeopardises manager Neil Woodford’s ability to run the fund effectively. Link has taken action in order to protect investors who wish to remain in the fund, who could otherwise be negatively affected by fund redemptions.

come on, do the same to UKOG LOL.

[kemche] 03/6/2019 21:25

bionic - filtered!

Big Si - filtered!

[datait2] 03/6/2019 21:23

lunch with Warren Buffett sold for $4.5 million for an anti poverty charity.

how much would you pay to have lunch with stevie boy CEO??

[datait2] 03/6/2019 21:19

woodford fund suspended to protect investors,

funny how they cant do that with UKOG

[bionicdog] 03/6/2019 20:01

Yes , but other than that?

[bigsi2] 03/6/2019 19:57

Orchestrated short campaign !!?are you having a laugh? :)what campaign???you don't need a campaign !!despite frequent misleading social media posts the share price has continued to drop not because of any efforts from shorters but because UKOG 1. continues to dilute the share price with very frequent share placing despite claiming to be "fully funded"2. Never promptly releasing full data and details on well results - making every effort to obfuscate the poor results.3. has actual poor results.4. frequently buying back acreage at paltry sums - reflecting true value those involved assign to prospect5. Is run by individuals with a proven track record of misleading shareholders, never delivering profits on projects, and continually tapping up gullible shareholders to pay their salaries -6. Have to date not unequivocally proven the project to be commercially viable.Need I go on?I'm sure others can add to this list fair play to them they are masters at the AIM fairytales but after the pump these companies ALWAYS ALWAYS represent a shorters dream as they never prove to be profitable and briefly have valuations that are ridiculously high due to the mug punters that buy in - and average all the way down.

[kemche] 03/6/2019 18:23

Well said wtd.

[bionicdog] 03/6/2019 17:37

Talking of ridiculous . . .

[whattheduce] 03/6/2019 17:20

Ha, you show your true colours there silicone dioxide man. You glanced at the chart for a couple of years and decided you know everything. The share jump to 8p+ was due to major interest as flow testing got underway at BB. As BB was found to have issues from a bore inherited by UKOG, the price returned to pre-interest levels. The flow out of HH is limited by the test license. They could produce a lot more, but are limited by the test limit which they have undertaken over 6 months as fully explained at the start. And the pressure buildups have been reported very positively. Funding will be achieved with loans and/or/ a major interest as at least one Wytch Farm repeat has been identified. Future value is based on asset value. Current value is based on test flow and unfortunate noises from a neighboring site. True, the current strategy of chasing bigger chunks of existing liscenses is not one I approve of, but if the gamble of investing here comes off, those extra large slices of the pie will leverage the eventually high share price outcome.

Big silicone man (your breasts per chance), you are so far off the mark. Your comments give away one of the most obvious (depending on your perspective) orchestrated short campaigns of 2019 - at 0.95p it has also became one of the most guaranteed money making long positions I have ever witnessed. The Mcap is so low it is totally ridiculous.

[bigsi2] 03/6/2019 17:01

This was one of the best (depending on your perspective) orchestrated P&Ds of 2017 - at 8p it also became one of the most guaranteed money making short positions I have ever witnessed. The Mcap was totally ridiculous.the only value I would personally see here is to wait for the managements next bout of spin and exit on the subsequent pump. how many more shares they issue in the meantime is anyone's guess.

[bigsi2] 03/6/2019 16:55

With respect - There is oil -It's expensive to extract - G&A costs are highThe wells BOPD rates are low & decline quicklyUKOG does not have the funds to drill and produce multiple wells and have positive cash flow -so how will they pay to expand production? If at all it will be share placing.So where is the value??Past performance in this case is a sure indicator of future returns/losses-why do you think these companies are willing to sell % back to UKOG for such paltry sums?

[bmnsa] 03/6/2019 16:28

POO & POG so high,what is going on here!

[whattheduce] 03/6/2019 16:24

I put myself in your boots bigsi2 but can't see the angle you come from. Is there no oil at HH?

[bigsi2] 03/6/2019 15:52

Gismo.. whatever makes you feel better !!shame you didn't hit the sell button as often as hitting filter

[bionicdog] 03/6/2019 15:34

That's told him Gis. I hate these people who are proved right GRRRRR!

[gismo] 03/6/2019 15:31

afternoon kem

[gismo] 03/6/2019 15:30

Now how did you escape??

BigSi23 Jun '19 - 15:23 - 128986 of 128987 (Filtered)

0 0 0
BigSi23 Jun '19 - 15:25 - 128987 of 128987 (Filtered)

0 0 0

Much better :-))

[elcapital2018] 03/6/2019 15:30

The bulls still think I'm a troll bellesimo!

I think they're just jealous and ashamed at all the lies they've been posting since 11p

[bigsi2] 03/6/2019 15:25

The oil tankers keep on rolling ever slower- and the printing press keeps turning out those new shares ever faster.dear me will UKOG longs never learn ??

[bigsi2] 03/6/2019 15:23

When it's a mug punter AIM share like UKOG- that would be a strategy for losers. Hence your 75% + loss

[kemche] 03/6/2019 14:29

I continue to average down. The strategy of winners. Brings my break even down to only 4p.

[bionicdog] 03/6/2019 14:15

That's what you thought at 8p.

[whattheduce] 03/6/2019 14:10

We can safely say the market takes a dim view of the empire's expansion plans instead of focusing on the current core activity and add to that an RNS from the well next door that basically says all they can do is keep there fingers crossed. Averaged down though at 0.94, I don't need much of a spike to turn a decent profit on two years sitting on the share. Those tankers keep on rolling. Mid July when the planning is signed off, I'll be well in profit.

[bellesimo1] 03/6/2019 13:34

SS A DISGRACE HE SHOUKD BE A SHAME OF HIMSELF.many people predicted sub 1p when tte share price was at 2.3p