Chivas Posted June 24, 2017 Share Posted June 24, 2017 (edited) Wouldn't normally offer anything like this but if you back trawl my posts you'll see I've never done it before so will crack on. If against board policy mods knock it out Have a look at UK Gas and Oil Investments plc and a very small tiddler in the industry listed on the aim market. In short they have been drilling in the south of the uk and last year claimed that the so called Gatwick Gusher may hold as much as 100 billion barrels of oil. The share price last few years has been up and down like a .....well up and down. I jumped in when it dropped last month to 0.009 (nine tenths of 1 penny) Yesterday it surged engineers having found oil leaking from fissures. Normally level of activity daily is less than 10 million shares traded. Yesterday it was just shy of 600 million. Price ended the day at 2.03 mid price. Up 74% on yesterday open/close Have a look do your own research. I took a nice chunk of profit but left 50% to ride and see where it goes. Open invitation to have a look yourselves nothing more. Edited June 24, 2017 by Chivas Link to comment Share on other sites More sharing options...
Chivas Posted June 24, 2017 Author Share Posted June 24, 2017 that should read 2.03 pence it finished.....not able to edit op Link to comment Share on other sites More sharing options...
topt Posted June 24, 2017 Share Posted June 24, 2017 Thanks OP for the tip. Link to comment Share on other sites More sharing options...
Chivas Posted June 30, 2017 Author Share Posted June 30, 2017 now at 2.63p mid price as at time of post......around £10,000 up currently but absolutely no intention of taking it. The multi nationals will be all over this shortly after todays rns results. Its mega simple as... Link to comment Share on other sites More sharing options...
Chivas Posted July 1, 2017 Author Share Posted July 1, 2017 (edited) closed at 2.78 mid price up 38% on the week. This will multi bag to £1 within 12-24 months as long as production starts and thats the big "if" massive oil lake down there for certain Edited July 1, 2017 by Chivas Link to comment Share on other sites More sharing options...
Chivas Posted July 4, 2017 Author Share Posted July 4, 2017 Hit 3.3p yesterday in midday trade before profit taking left it closed on the day at 3.1p......6 days in a row up rising over 200% since I jumped in. Dont be surprised if I post at months end that this has gone to 10p. Oil majors wll be desperate for a takeover in my opinion Link to comment Share on other sites More sharing options...
fletchsmile Posted July 4, 2017 Share Posted July 4, 2017 Junior oil and gas and junior miners can be good fun. Definitely a speculative area. Have had a few multi-baggers in my time, as well as some that just run out of cash and get wound up. You really don't want to put serious money there without being very close to the company and really understanding your stuff, though. On the other hand if you put a small allocation and it goes up 10 fold you're probably not going to have changed your life and very significantly altered your portfolio either. PPPs quoted on number of barrels also really need to be taken with a large pillar of salt. Especially for 2Ps and 3Ps. There's all sorts of lovely theory and speculations out there. Just keep them in perspective and enjoy the speculative ride Cheers Fletch: 1 Link to comment Share on other sites More sharing options...
fletchsmile Posted July 4, 2017 Share Posted July 4, 2017 Here's another just read in my inbox. If you believe their speculative buy target and it actually happens you'd quadruple your money Solo Oil https://www.beaufortsecurities.com/img/pdfs/research/solooil040717.pdf Pls note I've done no research whatsoever on this and it's not my recommendation LOL Link to comment Share on other sites More sharing options...
Chivas Posted July 4, 2017 Author Share Posted July 4, 2017 Now at 3.65p having been 3.75p earlier. I understand news at midday uk time Link to comment Share on other sites More sharing options...
Chivas Posted July 4, 2017 Author Share Posted July 4, 2017 (edited) 9 minutes ago, fletchsmile said: Here's another just read in my inbox. If you believe their speculative buy target and it actually happens you'd quadruple your money Solo Oil https://www.beaufortsecurities.com/img/pdfs/research/solooil040717.pdf Pls note I've done no research whatsoever on this and it's not my recommendation LOL Yes Solo gets mentioned often on the ukog threads currently going Edited July 4, 2017 by Chivas Link to comment Share on other sites More sharing options...
Chivas Posted July 4, 2017 Author Share Posted July 4, 2017 (edited) Bid now 3.90p on Hargreaves Landsdown Edited July 4, 2017 by Chivas Link to comment Share on other sites More sharing options...
Chivas Posted July 4, 2017 Author Share Posted July 4, 2017 http://www.lse.co.uk/ShareChat.asp?ShareTicker=UKOG amount of posts going through huge so occasionally wont load Link to comment Share on other sites More sharing options...
Chivas Posted July 4, 2017 Author Share Posted July 4, 2017 £160,000 purchase at 4p just gone through Link to comment Share on other sites More sharing options...
fletchsmile Posted July 7, 2017 Share Posted July 7, 2017 Just had a quick look out of curiosity. Any investor needs to watch its financing and cash resources carefully on these type of stocks. As at 31 March the cash it had available was less than its loss from operations for the previous 6 months. Not exactly healthy. To address this: Quote On 19 May 2017, UKOG raised £6.5 million through the placing of 812,500,000 new ordinary shares in the Company at 0.8 pence per share. According to the announcement there would be 3,410 mn shares in issue after this. So new shares for approx one third of the previous share cap were issued via a private placement at 0.8p. The price before that had been in the 1.2X p range. So that's a significant discount. It would have been nice to be allowed to take on those terms if you were a shareholder at that time. But that's another of the annoying things that happen with juniors - the way they often undertake financing activities like this without allowing you to take part on the same terms. So watch further financing needed and the risk of share values getting diluted. These small stocks are also often subject to pump and dump activities. 1 Link to comment Share on other sites More sharing options...
Chivas Posted July 11, 2017 Author Share Posted July 11, 2017 On 07/07/2017 at 9:38 AM, fletchsmile said: Just had a quick look out of curiosity. Any investor needs to watch its financing and cash resources carefully on these type of stocks. As at 31 March the cash it had available was less than its loss from operations for the previous 6 months. Not exactly healthy. To address this: According to the announcement there would be 3,410 mn shares in issue after this. So new shares for approx one third of the previous share cap were issued via a private placement at 0.8p. The price before that had been in the 1.2X p range. So that's a significant discount. It would have been nice to be allowed to take on those terms if you were a shareholder at that time. But that's another of the annoying things that happen with juniors - the way they often undertake financing activities like this without allowing you to take part on the same terms. So watch further financing needed and the risk of share values getting diluted. These small stocks are also often subject to pump and dump activities. yep huge pump and dump tactics last few days.....at one point yesterday bid had dropped to 2.1p but another excellent RNS shot the bid to 3.4p in last hour of trading. I topped up at 2.3p earlier in the day and offloaded same amount 5 minutes before close at 3.3p.....completely paid for current 3 weeks in Thailand plus flights for 2 of us Link to comment Share on other sites More sharing options...
Cirencester Posted July 17, 2017 Share Posted July 17, 2017 (edited) I'm watching this share as well and after a week of consolidation with a new base of around 3.1p established 3 reports are due this week and dont rule out a rns at 0700 uk time today......am expecting it to reach 4p-4.2p this weeks close. Shorters seem (for now) to have moved elsewhere. Personally believe it should be banned on AIM Mid price currently 3.225p Edited July 17, 2017 by Cirencester Link to comment Share on other sites More sharing options...
Chivas Posted July 17, 2017 Author Share Posted July 17, 2017 This one was all over the tip sheets over the weekend. Live price at time of post 3.45p Link to comment Share on other sites More sharing options...
Chivas Posted July 18, 2017 Author Share Posted July 18, 2017 ended day at 3.6p am hoping few here bought at the original levels I tipped at. We are awaiting news on logging and onwards to test flows. Dont say I didnt shout it out if this one is 25p by Xmas ! reputed to be one of the biggest onshore fields anywhere in the world but time will tell. Worth a few grand of anyones money to buy and hold Link to comment Share on other sites More sharing options...
Chivas Posted July 18, 2017 Author Share Posted July 18, 2017 Bid just hit 4p......really hope one or two here steamed in on this one Link to comment Share on other sites More sharing options...
Chivas Posted July 20, 2017 Author Share Posted July 20, 2017 whoosh flying 12 hours in the air to open prices on landing at heathrow and 4.7p close wednesday Link to comment Share on other sites More sharing options...
Chivas Posted July 22, 2017 Author Share Posted July 22, 2017 (edited) Closed the week at 5p dead officially a 5 bagger.... More interesting was the rise over the week without any particular RNS landing but with 3 important tests to be announced am guessing monday/tuesday for at least the 1st.....this could well be (for now) a buy the rumour sell the facts rise so if you're in keep an eye on the SP Edited July 22, 2017 by Chivas Link to comment Share on other sites More sharing options...
Chivas Posted July 24, 2017 Author Share Posted July 24, 2017 now 5.83 mid price......plenty of time to jump in this will be headline news over the coming months.....flow results will move this multi higher depending how good they are Link to comment Share on other sites More sharing options...
Chivas Posted July 24, 2017 Author Share Posted July 24, 2017 now sitting on 6 bagger since thread started Link to comment Share on other sites More sharing options...
Chivas Posted July 24, 2017 Author Share Posted July 24, 2017 closed at 5.95p Link to comment Share on other sites More sharing options...
Chivas Posted July 25, 2017 Author Share Posted July 25, 2017 now at 6.78 at time of post.....officially a 7 bagger now 1 Link to comment Share on other sites More sharing options...
Chivas Posted July 25, 2017 Author Share Posted July 25, 2017 7.43 at time of post Link to comment Share on other sites More sharing options...
Chivas Posted July 25, 2017 Author Share Posted July 25, 2017 Am running a trailing stop 15% behind current price if we get a huge reversal it will auto sell the holding. Suspect instead this will be 10p by friday Link to comment Share on other sites More sharing options...
Chivas Posted July 26, 2017 Author Share Posted July 26, 2017 (edited) 7.63p mid, may have reached peak unless decent rns lands....have moved stop loss up to 10% trailing Edited July 26, 2017 by Chivas Link to comment Share on other sites More sharing options...
Chivas Posted July 26, 2017 Author Share Posted July 26, 2017 absolutely savage buying going on......9.43p bid and that not a missprint Link to comment Share on other sites More sharing options...
Chivas Posted July 26, 2017 Author Share Posted July 26, 2017 10 bagger for myself.... Link to comment Share on other sites More sharing options...
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