Techno Trousers
08 Sep 2015
Re: Trading statement Not good, not bad. But not very much at all. Basically, this is a share that passes on many value ratings, but whereby there does not appear to be any trigger yet that would justify a re-rating. So, looks like it is a decision as to whether you wait for that trigger, which could be some time, or move on.
corriedog
08 Sep 2015
Trading statement Not good not bad but ok. Still generating cash with £9.5m in the bank. With a market cap of £28m the three trading businesses are only valued at £18.5m or about 3.5 times EBITDA..
corriedog
04 Sep 2015
AGM There should be a trading statement issued at the AGM on Tuesday.
El Kel
10 Aug 2015
Re: What's FKL Doing With Our Dividend? I assume that you are serious.---------- ---------Morning corrieI am only moderately serious. In reality, our posts on these BBs are probably not much more than mere flotsam and jetsam in the grand scheme of things so I'm not sure what value we can place on them in our lives.However, while we're here, I am certainly agin' people posting on internet forums under an innocent guise when their agenda is anything but. I'm sure you'd agree that it's a wretched way to spend your time.I do certainly question your motives for religiously lauding fkl's leaders without substantiating such deferential praise.I can but hold your posts up for reference. I imagine that anyone reading your worshipful posts would have similar suspicions as to why you have such devoted faith in Rowland.I'd really like to read your properly substantiated reasons of what exactly makes fkl's current leaders 'quality'.Based on your posts below, that is a very reasonable question.---------- ---------- ---------- ---------- ---------- ------15.06.12 I think that we have a pretty good team of executives running this company. Well done to them.11.07.12 This remains an excellent risk/reward play on the Falklands oil story. The Board have done very well so far.21.08.12 Simple, transparent, balanced, complete and informative. Well done Mr Hudd. This is how a public company should be run.I continue to view this as a well managed company and the best risk/reward play on the Falklands oil story...there is significant scope for the share price, and dividend, to increase significantly.It is amazing that this company remains largely undiscovered.05.05.15 I was concerned and emailed various questions to Edmund Rowland. He replied fully, promptly and sensibly.12.05.15 I have had exchanges with the new Chairman to get a better handle on the prospects.The CEO has been FD of two other listed companies. The finances are managed competently.It is down to the quality of the leaders ---------- ---------- ---------- ---------- ---------- ------
El Kel
10 Aug 2015
Re: What's FKL Doing With Our Dividend? You and the Tampon are rude to other posters with whom you disagree, a bit like Twitter, where the uneducated think they can get away with saying what they like.As I said before, your views may have value, but try expressing them eloquently---------- ---------OvetsOh dear. Out of the blocks but stumbled and face-planted into a muddy mess of your own doing.I wish you would stop using such language. Calling someone a tampon? Really?It appears even worse when read alongside your seeming pride in regurgitating the vulgar offence.Trump-esque foolishness…though on a more modest scale.To quote from just two of your many posts which are littered with similar poor taste;"Tampon, why don't you just bvgger off somewhere and play with yourself.""I can assure you that neither Tampon nor Rsehole gets to me,"If calling people "Tampon" and "Rsehole" is your idea of polite, refined eloquence then, following your example, I'd hazard a guess that it's unlikely to lift us into the heady heights of Churchillian rhetoric.
Ekati
09 Aug 2015
Re: What's FKL Doing With Our Dividend? I actually believe in the strategy that the Board are following because it can deliver significant value if they get it right. I also believe that the shares are significantly undervalued.__________ __________ __________ __________ __________ __________ __________ ____corriedog,How can be believe in the strategy of the Board, we haven't got it yet!greets
Ekati
09 Aug 2015
Re: What's FKL Doing With Our Dividend? Long ago ( can't even remember ) when it's was so busy here. 
We'll have to wait and see what the plans are. We can't say anything about it, we know nothing so far. I hope there is a damned good reason to take our div away! A bit of communication from the board, please!greets.
corriedog
07 Aug 2015
Re: What's FKL Doing With Our Dividend? Wow El Kel. This is pretty good stuff.You accuse me of underhand tactics, being a stooge, duplicitous and pathetic. I assume that you are serious.I am a 65 year old professional accountant with no connection to the Board or FKL apart from as an investor - about 10k shares. I have never met any of the Board.You can call me sad if you like because I like to look at numbers and to interpret them. I have years of experience of buying, selling and advising companies such as FKL.I actually believe in the strategy that the Board are following because it can deliver significant value if they get it right. I also believe that the shares are significantly undervalued.You will probably 'expose' this post again but so be it. I am not quite sure what your angle is as you seem to be grumpy with everyone.
Ovets47
07 Aug 2015
Re: What's FKL Doing With Our Dividend? El Kel,You seem to have a lot of spare time to waste and want to have the last word.You and the Tampon are rude to other posters with whom you disagree, a bit like Twitter, where the uneducated think they can get away with saying what they like. The Tampon also blatantly tries to manipulate the sp of RKH & FOGL, which contributes nothing of value.As I said before, your views may have value, but try expressing them eloquently and they'll have more impact.
El Kel
07 Aug 2015
Re: What's FKL Doing With Our Dividend? I don't need to say more, you've just done it for me - thanks ---------- ---Ovets, why so coy?You say I'm rude yet you name called a poster called 'tarpoon' as 'Tampon'.I repeat - is that what you mean by being polite to other posters?Do you consider yourself polite? Please answer.And I only skimmed your posts to see that nugget.
Ovets47
07 Aug 2015
Re: What's FKL Doing With Our Dividend? I don't need to say more, you've just done it for me - thanks
El Kel
07 Aug 2015
Re: What's FKL Doing With Our Dividend? If you want us to read your stuff, which is presumably why you post it, then at least make it informative, entertaining, or something worthwhile. Rudeness is unnecessary and just turns people off.---------- ----OvetsWorthwhile? Exposing corrie's underhand tactics was, imo, very worthwhile.If you consider reading a stooge's posts as informative and entertaining because they're 'polite', then that's your prerogative. But it does beg the question, why?If I want a robust joust with another poster then that's my prerogative. I consider a poster adopting a duplicitous modus as pathetic.If you're going all sensitive and consider me rude, then put me on ignore, because I won't change my attitude to posts from the likes of corriedog.Tell me, your referring to the poster 'tarpoon' as 'Tampon' - is that what you mean by being polite to other posters?I've had a quick scan through your posts on fogl. Strewth, you do have blind faith in the FIs. The 'big oilers', as you refer to them, have already been down there and assessed that in their opinion there was no commercial oil worth exploring for.In fact, your constant promoting of 'there's defo undoubtedly most certainly black gold in them thar FIs' is so way over the top that it now makes sense why you have no beef here with corrie's posts. The fog clears.I'm really not bothered if you read my posts because I've sussed what's going on here. Right now I can't be a rsed to look further through your posts but if you keep banging out your curious defence for corrie, or how awfully 'rude' I am, then I may well muster the effort.Have fun with your infantile ramping.
Ovets47
07 Aug 2015
Re: What's FKL Doing With Our Dividend? Look El Kel,If you want us to read your stuff, which is presumably why you post it, then at least make it informative, entertaining, or something worthwhile. Rudeness is unnecessary and just turns people off.I suspect readers of this BB, who hold FKL shares, are quite concerned about recent developments, so we probably share similar concerns about what's going on.Some posts are intended to tease out opinions, but the bottom line is the prospects for our investment.The Rowland family's personal track record appears pretty good, but at others' expense. They appear to be an unscrupulous bunch, and Rowland bRat has very little business experience, so someone must be behind him pulling the strings. which causes FKL investors like me considerable disquiet.While I enjoyed receiving the FKL divi, I always wondered how the company could afford it and why it wasn't using the money better to develop its resources, especially with the possibility of the FI becoming a major new oil/gas region. If I'd wanted to invest in ferries and art, I wouldn't have chosen FKL.There's lots of stuff about the relationship of dividends to share price, but it's a fact that UK company divis have tended to be higher than elsewhere, not always good for long-term prospects.Haldane wasn't saying that dividends are a bad thing, he was simply questioning whether companies can afford to keep on paying out so much of their profits, when the money might be used more effectively. If you have a problem with that, then I suggest you do a bit more research.
El Kel
07 Aug 2015
Re: What's FKL Doing With Our Dividend? Corrected to;(Btw, Rowland is far from INexperienced, quite the reverse)
El Kel
07 Aug 2015
Re: What's FKL Doing With Our Dividend? Your reasoning and arguments aren't helped by your rudeness.If you could find a way to express your views politely, you might discover that they carry more weight.---------- -----Hi OvetsIn the circumstances, I was being polite.It's unfortunate, and a tad baffling, why you take time to chide my post when another poster is trying to deceive you with their duplicitous intentions.The facts are the facts, irrespective of how you infer my post, but I am happy to apologise to you personally if your sensitivities were hurt.My views are not intended to 'carry weight', I'm not so presumptuous or clever.But I do take issue with someone STILL trying the hackneyed old trick of pushing some cheap corporate agenda under the guise of a concerned private individual. It's soooo passe and guileless.Anyway, no drama. It will be water off corrie's back.He/she will be laughing at how they got away with it for so long.Meantime, let's have another look at fkl's glorious sp against the ftse these past 5 years.Not forgetting that during this time there has been capital raised through a share placement, a load of fogl shares have been sold and we no longer have a divi.Does this truly reflect corrie's constant lauding of his beloved fkl 'leaders'?(Btw, Rowland is far from experienced, quite the reverse)
