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Graybird It's "here" not "hear" That kinda says it all......
CH not CB predictive text failure
Loads of bitter posters on here. A little analogy......... Man City. Rubbish for years, 3rd division, Nicky Weaver in goals. Playing at Springfield Park Wigan. Fast forward - investment & new management..... Top of the league, best manager in the world, etc etc I sympathise entirely with previous investors who've lost out here - but realistically RPT is a different beast now - as are Man City. I'm a recent investor (Nov 17) purely on the back of the positive management changes. I expect movement with CB involvement.
Ajax, You've been around a little longer than me - and although I agree with your sentiment I don't think it'll stay at 2.50. JOG is really a FTSE stock in its behaviour - it's v unusual on AIM due to its significant institutional holdings. Coupled with mgt I reckon there are a minimum of 50% of all shares not in the open market - so the float is restricted. I can see it rising to between £3-4 prior to drill. Remember - JOG was an unbelievable 500% riser in a day do its on a lot of PI's radar and many will want to be in when that RNS hits re spud. I could be wrong - either way you & i are LTH I've never sold 1 single JOG share since the sidetrack announcement. I've consistently bought the dips below £200p I'm happy to wait as long as it takes.
Lots of PI's seem very agitated over JOG's lack of info. IMHO JOG is run like a large company with a significant institutional shareholding; not an AIM minnow pumping itself with regular RNS's. A significant proportion of JOG s/h are ii's (from the 200p raise) and management. Both of these parties don't require a continual stream of RNS - which sadly is what many AIM focused PI's crave. I'd much rather the JOG mgt do what they are doing and just get on and run the company and maximise shareholder value. JOG is a LTH and patience is required. This is how it is - if you don't like it invest elsewhere.
Dickupham, You're a decent contributor on here and seemingly a decent giy; but you're a mug punter. You just bite every time on your wind-up merchant. Comment is the oxygen of Trolls - why haven't you worked this out yet? Do yourself a favour - try saying nothing in response and see what happens.......
Fact? What's a fact. Deramp fantasy - statoil are the operator hence JOG don't need c.£100m to get it out of the ground.
AB stated 9.11.17 following the successful placing "following full evaluation of the discovery well results alongside the existing 3D seismic data" So - further news could come at any time when "full evaluation" is completed - or no news at all; who knows. But whatever the news the appraisal drill will definately happen - it's just when. That will clearly have a short/medium term impact on the SP; irrelevant LT.
that's the most sensible thing ever to come out of burnley...........
IMHO this gradual decline in SP over a relatively short period of time has been a godsend. I've JOG bought at 60p, 83p, 315p, 249p, 220p, plenty at 200p (placing shares) and a big chunk yesterday at 175p. My average is 195p. Prior to this recent drop my av was 250p so this drop has helped average down nicely. JOG LTH sit back relax and do nothing.
BJpenn, Well I hope for your sake that you get your 1.50 order fulfilled. I've a pretty simple but effective mantra - buy low sell high; but the key is I can wait considerably longer than most investors for either scenario to manifest itself. This is another good example of the AIM effect. PI buy a stock - hoping for it to "multi-bag" in the next x weeks. Nothing of the sort happens - frustrations grow - losses mount & the PI sells out at a loss to move onto the "next big thing". And repeat - over & over & over again. JOG - the fundamentals haven't changed from when the SP was 398p, 300p, 250p, 200p - yet today we are at 175p. IMHO It's all about your perception of time. You say "really crazy.....long game this" - but what does that mean? To me a long-game is minimum 2years. Anyone buying a share with a specific expectation of hitting a particular price point in under 2 years is a trader not an investor. Any it takes a completely different strategy / outlook to be a trader rather than an investor. IMHO most PI's get the 2 muddled up. They are 2 massively distinctive things. You've got to work out what you are - then align your expectations / risk profile to it.
It's good to see this SQZ board is still pretty civilised - sensible. I've been invested in JOG for a long time. Prior to them hitting oil their LSE BB was pretty much 3 or 4 of us. All civilised stuff; high quality & generally informative. Sadly now - lots of b*tching / moaning & game players / rampers/derampers. Sad to see & devalues the resource massively. Despite the recent hike in publicity resulting from the BKR deal - still pretty sane here.