Why nicknames
03 Aug 2015
I threw acceotance form away Reading the news release it seems to suggest that if we haven't accepted, or do not accept, we do not get any money for shares!!!Is this right?I hold paper certificate!Sounds like I need to transfer to HSBC account & sell? (for less than offer!!)Any advice welco
Fydo
03 Aug 2015
Re: Fydo I said right at the start of this bid that I would vote no to all enoc offers until I was outvoted. I said that on the basis of knowing that ENOC would never offer me anything close to what I knew Dragon to be worth.I have fought long and hard to try and see this through to the potential that I know exists in Dragon but just as you cannot deny the coming of a new day, you cannot deny the fact of being outvoted.I said at the start that this was an opportunistic bid by ENOC brought about by the 60% fall in the oil price and the subsequent effect on asset values. The annoying thing is that much of the drop in the oil price has been engineered by politics rather than supply and demand and we have been caught up in the tidal wave of problems associated with this with the loss of a much loved long term investment. While that is very sad, it should be remembered that while many have made money from Dragon, the oil industry has lost many hundreds of thousands of jobs and huge sums of investments. This in time will force the oil price back up again and the speculators will have made their gains. So much pain inflicted on so many people just because those in charge cannot think further out than the here and now.While it is extreamly dissapointing that the likes of BG and Elliot have accepted a low ball offer, made to look good by the current oil price environment,they will now be looking at future opportunities and we must do the same.With regard to ENOC I am in no doubt that they have ripped people off both with the price offered and the underhanded way that they have conducted themselves throughout the bid process. I have no doubt whatsoever that ENOC will now be pushing for Turkmen production to reach 200,000bopd in Turkmenistan and will have their foot down hard with regard Dragons International expansions.Be in no doubt that the greater benefactor here is ENOC.The saving grace is that I along with everyone else did what we could to protect our investment and people must be proud of that.Sadly it is time to move on but it is hard to believe that any future investments will hold the same emotional convictions that I had with Dragon.Like I said, an end to an era.Good luck and great respect to all.
3Dimensional
02 Aug 2015
Good luck Fydo I did say Friday offer would be raised to 800p didn't I No hard feelings its only a stock after all Not quite sure why all these mystery posters decided to try to belittle my posts, but I guess those that laugh last an all that, it certainly wont be the spread bet company I bought 100k shares with last week that probably didn't hedge me Every BB needs a Fydo and I hope we meet again on the new Dragon replacement in the not too distant future!3D (finally letting go of DGO after 18yrs)
biffbudbert
02 Aug 2015
Re: Results A sad dayFydo/Fido.......thankyou.
Glo the dogwoman
02 Aug 2015
Re: Results My thanks also to Fydo for his informative posts and great belief in Dragon. It was good to meet some of you in London a few years back at the last fight for a fair deal. I feel a sense of loss today, but I guess all good things come to an end. Dragon was my first true investment and it has been quite a ride over the last 9 years or so. Good luck to you all.
muvver B
02 Aug 2015
Fydo Dear Fydo,Been reading your post since 1997, read all the criticism and abuse you have had to endure over the years. We never quite reached the £12.78 but I am happy to take the offer now. I will miss your post. I almost feel like i know you. So thank you for sticking with it and sharing your knowledge. My retirement will be financially much more comfortable thanks to you.Appreciation is not a big enough word.Best wishes and good luck.M
smartraven
02 Aug 2015
Re: Results Yes i would also like to thank Fydo for his excellent postings over the years.What happens now do we wait for Dragon to contact us?
pannon
02 Aug 2015
Re: Results I echo all of your sentiments and hope your profits are used well. At least it offsets some of the accumulated losses on other oilies after the OP crash...Sad day as Ive held for quite a while and even sadder as capital gains tax due since I didn't yet convert all to ISA... Not grumbling I'm luckier than most out there. Lets hope for more successes and info sharing moving forward. Im sure we would all like to hear Fydo and others' opinions on further investment opportunities but DYOR... Good luck all and open a bottle of bubbly as its a fait accompli...
sagres-bohemia
02 Aug 2015
Re: Results Bravo Fydo, thank you for all the information you supplied. Good luck to all in your future investments.
dowso
02 Aug 2015
Re: Results Yes thank you Fido for your excellence posts and knowledge.I and many others will miss this BB as generally it was well mannered and informative.Good luck to all
tobycups
02 Aug 2015
Fydo We are in debt to you. My judgement was awry because I paid 50p for my clutch. Your skill was Inspirational. Sincere thanks. I have a paper certificate. What do I do now
Fydo
02 Aug 2015
Re: Results I would just like to add that I feel very proud at the way people have fought for their shareholding of Dragon but we have been outvoted by the bigger players.I feel very sad about it being the end of an era but we are now forced to move on.With great respect to fellow investors.fydo.
Fydo
02 Aug 2015
Re: Results GAME OVER I`M AFRAID.[link]
AlBrad
01 Aug 2015
Re: The Times How about Foxtrot Oscar??!!
tobycups
01 Aug 2015
The Times According to "The Times" ENOC have employed a proxy voting advisory firm, Is thereconsensus as to what we say to them if they phone.
