United Oil & Gas Share Discussion Threads

[snickerdog] 26/3/2019 12:40

Mojo coming back?

[croasdalelfc] 25/3/2019 20:30

3 million rollover or offttrade buy/sell

[best1467] 25/3/2019 18:24

Getting closer to 3p as I said the reverse head and shoulders with 3 p the retrace level and I’m in

[adorling] 25/3/2019 17:07

My opinion FWIW is that it is LT retail holders selling out after 18 months of no price appreciation despite the very positive progress. However, investors measure a Company’s success on price appreciation and dividends paid neither of which has been delivered for a long time now given most AIM investors have a “hold” strategy of less than 1-2 months on average or often 1-2 days sometimes!

[snickerdog] 25/3/2019 16:41

Ok let's disagree but put it to rest Soul ! I forgot to add that also market makers play a short book when they see liquidity tailing off

[soulsauce] 25/3/2019 16:18

We'll have to agree to disagree snickerdog.
I fail to believe this has been PIs selling down for over the last 6months.
It does not make sense for it to be PIs especially following on from the conference call.

[snickerdog] 25/3/2019 16:05

Soulsauce. There hasn't been a lot of buying that's all, it's not one seller, I have an account with the house broker too and speak to them regularly. They know to call the other clients if they have sellers occasionally I get offered little bits of stock and pick it up

[soulsauce] 25/3/2019 11:19

You don't see the large seller because there is not the liquidity to sell large amounts in to.

This has been continuous for months on end and shows more on days of big liquidity after news.

The consistency x length of activity = big seller. Imo

[snickerdog] 25/3/2019 10:59

There has been a downtrend yes but I don't see a large seller on the market maker order book it looks to me like retail punters (odd bit not round numbers also account for this)

[soulsauce] 25/3/2019 10:18

I think it's p*ssing everyone off mr.oz.
The question who is the large seller, why are they off loading and how many do they have left.

As the BoD said in the conference call the falling share price makes it more difficult to use paper when doing the deals.

All very odd.

[mr.oz] 25/3/2019 10:00

There's been a weeks of everyone saying the same thing - share price shouldn't be this low

But it is

And it's p!ssing me off

[1bokke] 25/3/2019 09:13

Couldn't resist a small top up this morning, the share price just doesn't represent what the co has in terms of opportunities and I think a half decent rns will see this back in the 4's.

[soulsauce] 25/3/2019 08:56

Yes adorling it seems that's where it is headed :-/

[adorling] 25/3/2019 08:53

Looks like 3p is next support now? Crazy!

[soulsauce] 25/3/2019 08:33

Ridiculous isn't it.

[debz3] 25/3/2019 08:24

I do not want to moan but come on.

[snickerdog] 24/3/2019 11:40

Money Sponge has written up some notes on the conference call on Twitter, quite useful as I remember it being a long call, I think there's thread as well:



#UOG investor call - 100% affirms why I am invested despite general market

CEO & COO give a solid update and I remain convinced that a mid cap company is in the making here with a little patience

hxxps://youtu.be/kn2RIYyOgL4

[soulsauce] 22/3/2019 17:43

Another day in paradise 😕

Hopefully a better week next week.

[tektonik] 22/3/2019 09:51

I don't think there's any mystical powers at play here, it's just the nature of investment, more people have decided to sell than buy at the moment. Checking the share price everyday and expecting daily movement is a distressing thing to do as a long term investor imo. I can't/won't speak for traders. The company is in a fantastic position and better value will be attributed over time.

[soulsauce] 20/3/2019 16:29

Yes it is annoying and until it stops or I find a reason for it I won't be topping up.

I have a good holding and thus would rather pay more than today to have some assurance of what is happening with the share price

[snickerdog] 20/3/2019 16:25

It's annoying me but I'm just buying more

[soulsauce] 20/3/2019 13:51

That's the $64000 question wiseacre. There appears to have been a big seller, beyond that who knows.

The share price was marked down unfairly on the Colter result also.

No problems according to yesterday's conference call.

[wiseacre] 20/3/2019 13:46

Can someone tell me why this share has reached a new low? Quest que c'est le probleme?

[snickerdog] 20/3/2019 09:31

Debz, obviously hedged to an extent with production lines upfront from two assets plus inherent value in portfolio. Plus cash of 4m

[snickerdog] 20/3/2019 09:30

Small sells low volume.