Volga Gas Share Discussion Threads

[rumobejo] 05/8/2019 09:01

meanwhile back to 10p, from Russia with love...

[russman] 18/7/2019 08:13

Not good news for future divis.

[f15jcm] 17/7/2019 17:06

Let's hope no news is good news on Uzen 4

[ntv] 17/7/2019 16:50

Bit of downer that. So much for good dividends. Shame the previous update sounded good and I had added to my position bah humbug

[twistednik] 17/7/2019 16:32

Wow - big news released during market hours ! Smashed the price into close...

[russman] 03/7/2019 17:36

Thought VGAS were selling more through the pipeline.
Higher price than domestic.

[ntv] 03/7/2019 08:15

Company is debt free and they want to pay a dividend of up to 75% of free cash flow
Although prices have fallen recently, the increased production should cover that
I would be happy with 6 cents for the half year and a total of 12.5 cents for the year as a total
Anything above that is a "Brucie bonus"
Not many stocks around yielding 12.5% at current share price but like a lot of stocks there are risks attached

[russman] 03/7/2019 02:31

Management hope for 15% more production this year.
Cash should keep pouring in.

[petewy] 02/7/2019 15:36

Yes uplifting

[ntv] 02/7/2019 14:14

nice update

[ahmedbin69] 02/6/2019 11:50

Hi guysJust started back trading last week as a long spell in chile.I have vgas on my list to to purchase as well as a few others

[ntv] 31/5/2019 14:51

left my dividend in $'s, hoping to benefit from the fall in sterling

[ntv] 28/5/2019 18:17

nice dividend about to arrive

[russman] 24/5/2019 10:04

As long as the divis keep flowing I will stay.

[blueball] 20/5/2019 08:31

Nice rebound today.

[king suarez] 12/5/2019 11:00

How long are reserves forecast to last?

Thanks

[russman] 01/5/2019 19:12

Unless the Bod have any "growth" aspirations.

[cf456] 01/5/2019 11:16

"#VGAS having no problems putting in a +8% today. Small seller taken out yesterday. On '18, Free cash yield of 17% places this in the extremely cheap category with 2 hefty divs a year. BoDs quoted expectations for greater profits in 2019, makes 2 divs @ 11p look very plausible"

[cf456] 30/4/2019 08:32

Yes, chunky dividend if holding on Friday.

5p per share at the current exchange rate.

[russman] 28/4/2019 18:42

XD next week.

[ntv] 26/4/2019 15:20

nice big dividend next week

[russman] 24/4/2019 16:38

In a good year, positive cashflow of $20m.
Potential for some nice divis.

[ntv] 24/4/2019 06:31

If they pay the same dividend as last year (12.5 cents)then @ $1.30/£ then that equates to approx 9.5p making the yield @ the current share price of approx 10%
If they increase the payout, that seems a possibility, then as Russman correctly states this is a pure dividend play
An 8% yield based on historic figures would probably be a fair price equating to a share price around £1.20
It is certainly an interesting punt with a strong oil price and increasing production though having said that, there will be a drop in April's figures due to maintenance