Victoria Oil & Gas Share Discussion Threads

[philippem] 01/2/2019 10:02

One the forced sellers are out it will jump. The sell at 13p was a desperate sell. The company will not make a placing at this level.

[goggin] 01/2/2019 09:28

Your right, there was what looked like a 300k buy but was surprised by the mark down. Your comments assume I'm negative on VOG, not so, I'm very very long but just spouting positive stuff doesn't answer the question. I'm not into Ramping!

[mjones727] 01/2/2019 09:20

Goggin

You didn't mention the 300,000 buy late on yesterday

Why not

Go to London and take a look.

Ferral black gangs killing each other with guns and knives every day of the week.

[johnmp] 01/2/2019 09:07

fwd selling to me smells of insider trading?

[deanroberthunt] 01/2/2019 09:04

or could be a place fwd selling

[goggin] 01/2/2019 08:44

Is this happening in London too? Wherehttps://www.bbc.co.uk/news/world-africa-44561929These events may have no bearing on VOG or they may be making investors more weary. Who knows why late yesterday someone sold 325k plus at 13p, they certainly didn't make any money on that trade, may have been a destressed seller who bought on a T25 in the ramp up around Christmas - who knows!

[mjones727] 01/2/2019 07:59

Goggin

There has been an a problem in Cameroon between in english speaking provinces for years.

Cameroon lost the chance to host the African cup of nations this year as they were not ready for it. It has nothing to do with any civil unrest.

Cameroon have been awarded the 21021 tournament instead.

There are stabbings and murders every day in Londonistan. Far worse crime rate than Douala where VOG operate.

[johncasey] 01/2/2019 07:51

shorting scum need sorting...find out who is doing it and teach them a big lesson..sometimes old fashioned brute force is best way

[deanroberthunt] 01/2/2019 07:30

there's a common undertone to both.....London and Cameroon

[goggin] 01/2/2019 07:24

https://www.bbc.co.uk/news/amp/world-africa-47080323Not so London - serious danger of major civil unrestThe vote in October was marred by violence, especially in the English-speaking provinces, attacks by separatist rebels which have left hundreds dead

[goggin] 01/2/2019 06:36

Very stablehttps://www.hrw.org/world-report/2019/country-chapters/cameroonCAF is looking for a new host for the 2019Africa Cup of Nations, after stripping Cameroon from hosting this competition. The host of the 2019 Africa Cup of Nations will be chosen on 9 January 2019 in Dakar, SenegalSame thing happening in UK??? Lol

[mjones727] 31/1/2019 21:07

Goggin

There are protests in Londonistan every weekend of some sort.

Is the UK a politically unstable country ?

[fatnacker] 31/1/2019 20:30

Just to put that into perspective, Tommy Robinson was arrested and jailed for more than 12 months for what appears to be politically motivated reasons.

[goggin] 31/1/2019 20:15

Not so stable - there is major political unrest since 2016


(Nairobi) – Cameroonian authorities have arrested political opponents and violently broken up peaceful protests since January 26, 2019. The country’s opposition leader, Maurice Kamto, was arrested in Douala on January 28 for what appears to be politically motivated reasons and remains in detention.

[mjones727] 31/1/2019 19:36

Cameroon is one of the most politically stable countries in Africa.

VOG do not need to raise any cash short term with revenue of $2 million per month.

[goggin] 31/1/2019 18:03

This could be a combination of things, political instability in Cameron and gossop in the market re a rights issue to raise cash along with possible a persistant seller. Its quite possible that vog may raise cash much higher than the current share price at like 20p or then again it could be lower. My thinking is it has more to do with the politics in Cameron and a belief that they may get shafted by the government

[mjones727] 31/1/2019 17:35

Average daily gas production for Q1 2018 was 3.50mmscf/d and the shares 30p+

Today

Average daily gas production for the week ending 25th Jan 2019 was 12 mmscf/d and the shares are 14p

Now work that one out.

[m5] 31/1/2019 17:19

Really bizarre this one. Makes no sense.

[deanroberthunt] 31/1/2019 16:17

now 13p on the bid....really is a schmuks game

[deanroberthunt] 31/1/2019 15:14

peeps buying at almost 16p earlier, now only 14p on the bid....suck em in, spit em out

[deanroberthunt] 31/1/2019 14:29

tale of the scorpion and the frog....

[napoleon 14th] 31/1/2019 14:21

Somebody wants this company (nav 75p+) on the cheap. Chart tells me that.
This year's sales are set to fair/good, but last year's halving of sales left a hole in the cashflow. IMO this should right itself by end of March.
Only "?" is why doesn't K Foo find some cash down the back of the sofa & buy 250K shares for "only" c.£32K? If he did, it would belie market speculation of a fund raise, in Feb at least, & prob. for good. They have bank possibilities anyway, so don't need to dilute. Tempting to buy more 'cos even if the company is "raided" it has to be at well above current share price for any success.
GLA & happy fishing!

[m5] 31/1/2019 14:03

Never fails to surprise this one.

[napoleon 14th] 30/1/2019 12:07

Bought a few on the back of that production report.
They might be feeling the pinch after last year, but they have been paid the balance outstanding by ENEO & should muddle through.
Later, 15p will look stupidly cheap IMO.

[m5] 30/1/2019 11:50

Should be back over 20p by Friday me thinks. Stability seems to have returned.