Uk Oil & Gas Share Discussion Threads

[moneymunch] 23/3/2016 07:10

TU just waiting on funds and will be topping up regardless of sp, i want to accumulate as many shares including this years ISA. The penny still hasn't dropped imho, as the market/many are short sighted and are only looking at the 1,600 bopd to value Ukog and the current price of oil etc, and not the billion barrel potential that now looks nailed on. I'm expecting a sudden and significant re-rate at anytime, with more newsflow from Xodus, E&Y and UK Gov etc.....full market appreciation and transformational returns for a major world class high quality oil discovery of National significance/importance. GL ;-)

[mrsapeslaptop] 22/3/2016 21:36

munch- are you not going to look in on the old gang

[theuniversal] 22/3/2016 21:10

Moneymunch..what is your next top up @nr or just below 2p you may get that if an intra day low occurs. Or maybe a longer shot at the retrace refilling of the gap down to 1.5p...Anything is possible. . With News imminent but logic with all this good news keeps the share price low...strange in someways

[moneymunch] 22/3/2016 19:49

$41.82 and rising ;-)

[forwood] 22/3/2016 19:15

am considering banning you 12bn because you don't listen and repeat rubbish.

[c31161] 22/3/2016 18:06

Well looks like some are getting out thinking there won't be news for a while, but If there's an offer to buy this lot out you've got to be in it to win it

[forwood] 22/3/2016 18:00

A near 20% fall in 2 days after confirming good news is puzzling to say the least. Some may think it justifiable. I don't, and I don't call trying to defend the company and its prospects as ramping either.

[funkmasterp12] 22/3/2016 17:51

So you've been selling whilst encouraging others to buy?

[moneymunch] 22/3/2016 17:42

Lol Funky, awful trading??? i've banked plenty along the way......my current holding is slightly down.......but not for long......a sudden and significant re-rating at anytime. Gl ;-)

[lithological heterogeneities] 22/3/2016 17:25

its no problem all the selling as the last RNS made it clear lots of big news imminent and they wont be able to get back in cheaper than they sold and we will be laughing all the way to the bank while they try desperately de-ramping to get it back below 3p.

[funkmasterp12] 22/3/2016 17:23

I don't call that ramping, I call that awful trading!

[moneymunch] 22/3/2016 17:21

ps Lots of investors made handsome profits along the way from sub 1p, except the ones who listened to the scumbag cohorts. ;-)

[moneymunch] 22/3/2016 17:16

Lol Funkmaster, it's well documented on the scumbags thread that i bought in at 1.4p, and continued buying all the way down to sub 1p, and continued topping up all the way up 2.6......you call it ramping, but once invested i like to highlight the positives including relevant information on prospects and potential, and will defend my position against the blatant snide agenda of the lowlife scumbag cohorts who were and still are hell bent in undermining Ukog's prospects.......and all still in denial of the major world class high quality oil discovery and transformational upside that lies ahead for those invested. Gla Longs ;-)

[moneymunch] 22/3/2016 17:06

pps Brent at $41.73 and rising........$50 to $60 plus by year end more than possible. Gla Longs ;-)

[funkmasterp12] 22/3/2016 17:06

So when you were ramping from 1p you were considerably in the red then.

Anyone who does truly believe that rampers can move the price on these sorts of stocks, pay very close attention to the above. And, for the love of God, DYOFR.

[moneymunch] 22/3/2016 16:58

Lol 12bn, swings and roundabouts, my current holding is slightly down on todays drop.....but i'm here for the long term to be part of Ukog's rise to stardom. GL ;-)

ps A sudden and significant re-rate more than likely. ;-)

[moneymunch] 22/3/2016 16:52

pps Brent remaining firmly above $41........April 18th could be interesting. Gla Longs ;-)


The rally has been driven by hopes that major oil producers, including countries outside the Organization of the Petroleum Exporting Countries, will join a production freeze at January levels, with or without the cooperation of Iran, which is pushing to raise output levels in the wake of an end to international sanctions against the country in January. A meeting to discuss the freeze is set for April 17 in Qatar.

Expectations are building up that the parties will agree on an output freeze, said Michael Poulsen, oil analyst at Global Risk Management. The fact that the worlds largest oil producers, Saudi Arabia and Russia will participate adds weight to the meeting even if Iran has announced it will not be present or part of the deal.

Analysts said much of the recent gains also appear to be driven by the U.S. Federal Reserves comments this week dialing down expectations for an aggressive series of interest rate increases this year, amid a softening outlook for global growth.

That can boost investments in risky assets, driving a major influx of speculative capital back into the oil space, research consultancy Ritterbusch and Associates said in a note.

Easy money has revived oils appeal as a favored asset class.

[12bn] 22/3/2016 16:49

2 or 3 weeks MM,the share price should be around 1.5p or less by then! Aren't you lucky. :)

[moneymunch] 22/3/2016 16:46

Tree shake continues, and a sudden and significant rise more than likely at anytime, especially on Xodus CPR OIP Reserves Update and Ernst and Young Kimmeridge Economic Study/Report and any subsequent response from UK Gov on HH and the Weald's National Significance. Gla Longs ;-)

ps I've got £26k heading my way in 2 or 3 weeks time, all to be invested in Ukog for the long term........if the share price stays where it is by the time the dosh arrives, i'll be amazed but very happy, as i was expecting a lot less shares for that amount of money. Gla Onwards and sideways!!! ;-)))

[janekane] 22/3/2016 16:19

You forgot to tell them
"It's still a duffer "

[simon8] 22/3/2016 16:05

forwood, you and me both... we are effectively on the same page about long term prospects but probably disagree on a number of primary issues relating to current short / mid term share price prospects. Future I believe is rosy and in 12 months time we will be happy and much better off.
Lots of people have mistimed their buys and are sitting on losses and others are sat with clenched bum cheeks watching profits fall away. Everyone makes mistakes in the investment world and especially in the world of AIM companies.

This is falling on average 5% a day at moment, stone sinking comes to mind.. you'll ask why don't I sell out and buy back at 1 - 1.5P well I should but the irrational inside me says "what if" that TO bid comes in...given I am not selling I do not crystallise a loss it remains paper- in 12 months I am hoping that paper loss transfers to cash profit!
Good luck all long termers - don't be foolish - it is long term but rest assured the company will be working its socks off now to bring this on.....

[12bn] 22/3/2016 15:52

Becareful here forwood,this could make you poorer yet. Looking at the graph the retrace could go lower than 1.5p. I am not saying it will,just that it could. Hot shares inevitably retrace far,imo.