1048KB
01 Jun 2018
Re: Too little attention... Stephen Foss is described as an "Independent Non-Executive Director" on Amerisur's website. One might wonder just how "independent" he is, when his day job is partner in Merlin, along with Giles Clarke's two brothers. [link]
Elena Saratov
31 May 2018
Re: Bumbling along Nice to michu,Long term holders of AMER are investors sitting on losses hoping to recoup. Yes that includes me.The past week has seen a peak and then a fall in the oil price. But AMER has remained stable.I increased my cash last week by reducing holdings in a number of oil producers at a profit. I have been able to re-enter and increase my holdings as a result.I will be going to Russia shortly and wish to take a boot full of cash so I will be selling producers at the next substantial reverse in the price of oil. I will hold onto AMER, its going nowhere fast but when it does, it will fly like a Shampanskoye cork!
Rogadar.
31 May 2018
Re: Bumbling along 43 mil shares traded, never seen that before and, yet SP down. Will watch tomorrow to see what is going on
Nice to Michu
31 May 2018
Re: Bumbling along Marking hold instead of Strong buy on this post and ''Happy to Hold for now?'' is interesting Elena. Does that mean you'd consider selling somewhere/anywhere around these levels? Given you recently said you ''won't get excited until AMER breaks out from the 64p range.'' I guess you're wearing your tactical trader cap more than a medium, long term holder cap today?(or long, long term holder in a 64p a share for Amer context, perhaps)
MISOLDB
31 May 2018
Re: Bumbling along The share price is pathetic when you take the price of oil into consideration......some one is going to make a killing.....!!!!
Elena Saratov
30 May 2018
Bumbling along But steady progress upwards.Consolidating at these levels before the next break out?Happy to hold for now.
charlieeee
29 May 2018
Re: Too little attention... Fair comment, David and the anger was certainly directed at Foss and his committee, as much as the recipients.I went specifically to see JW and I changed my position regarding him. He is the company: immensely talented, energetic and passionately committed to Colombia. As for the rest, dull dogs, performing the annual pantomime, with no engagement or interest in those who had taken the trouble to attend the AGM.
DavidFDO
29 May 2018
Re: Too little attention... Charlieeee...I know you were at the AGM...but I do not think it is fair to say that JW "came in for a lot of stick on the LTIP at the AGM". The criticism was primarily directed at the whole Board (and Stephen Foss, Chairman of Remuneration Committee, in particular), not JW personally. I actually believe that we are lucky to have JW as CEO. It is not his fault that, just 11 days after the share price hit a 6.5 year low, the Board approved LTIP awards representing 1.1% of the company's share captital. How impressed were you with Stephen Foss's explanation that at the time he didn't know what the share price would be? Were you convinced he understood how low the performance conditions attached to these awards had been set? Apart from GC (who I think showed genuine passion, commitment and understanding of our concerns), were you impressed by any of the others lined up before us? If they make the same contributions in Board meetings, may be the LTIP awards went through on the nod?!
MISOLDB
26 May 2018
Re: Gold rush-- mmmmmmmmmmmmmm Wrong discussion board Rog.....? stop drinking the tequila...….lol
Rogadar.
26 May 2018
Re: Gold rush-- It looks as it's too early for gold rush, yet. This is AIM, not Anfield.
MISOLDB
24 May 2018
Re: Too little attention... Well all I can say is he must have a very well paid job, to splash out money like that on shares...…..I wonder who is paying him...?…..!
stigoid
24 May 2018
Re: Too little attention... I was being facetious. I too would rather he concentrated on finding and producing oil and I hope his investment pays off.
charlieeee
24 May 2018
Re: Too little attention... It might be worth considering the effect of the confidence on the rest of his 20 million plus holding?He came in for a lot of stick on the LTIP and this is a fair response, that he should back his own judgement with real money. I would not be happy thinking that he was glued to his screen watching for the perfect entry point, when he is supposed to be sorting out the pumping station, finishing off his road and civil works for the "N" sands drilling, getting environment permission for Put 9/12 and liaising with ONGC and Vetra, not to mention running the existing wells: quite a tough schedule, when you think about it.Let us all hope that, in hindsight, this turns out to be a mega profitable purchase........and then wait for the negative spin on that.........
stigoid
24 May 2018
Re: Too little attention... He should have bought them today. They are a bit cheaper
winningstreak
23 May 2018
Too little attention... Too little attention is paid to today's RNS telling us that CEO John Wardlebought 395,000 shares at 20.25 pence. I consider such investment (£80,000)a serious vote of confidence in where the Company is going, indeed wherethe share price is going.ws
