rRomeo29
03 May 2017
the next steps ahead After that monthlong nosedive (pitfall?) on same old news from Syria and a stabilization around 5p, GPX has stabed a rebound today. Finally we see a lovely recovery, probably with new players coming in.The next steps:1) This rebound has way to go, and will likely last to as high as 6.80p2) Expect a first bounce as from 6.80p (50-day average line).3) New long term buy-alert IF the massive 7p barrier is climbed!
oilinvestor85
25 Apr 2017
I told you so !!! I haven't posted my opinion on this little puppy for a while ! The fall has been monumental! Even worse than I had expected! No support at 6p ! Next level 3p!!! This is a textbook case why you shouldn't listen to rampers such as onewayticket! He is truly a onewayticket to bankruptcy He ramped this at 13.5 p and now it's 5p . This is still 5p higher than it should be ! Be warned Own due diligence
rRomeo29
07 Apr 2017
Re: Mogherini: Planning without Assad Some one here dreamed about rebuilding Syrian cities by western capital, cough cough! You got to be joking!!Assad and his small clan have destroyed their own country - and basically the majority of the large cities. They themselves - or Russia and Iran - will have to pay to rebuild Syria. Not the West. And now we can only hope that the oil price remains this low for another while so that these a5 s e h00les will actually need to work for their money.-> Western nations have reserved $ 9 billion until the year 2020. But half of this investment is needed for syrian refugee camps at the brder / Libanon, Turkey etc.
rRomeo29
07 Apr 2017
Re: Mogherini: Planning without Assad Today has seen a brutal smack in the face of war criminal Assad - as well as russian UN puppet!!Well done!
rRomeo29
05 Apr 2017
Re: Mogherini: Planning without Assad -------"...reports that a suspected chemical attack killed dozens in northern Syria."Syrian government troops - again!So much to the end of the Assad chemical program as well as muss murder of his own people. Sickening and without comparison in modern days!The Assad government bombed and devastated large cities like Homs and Aleppo down to the ground? I doubt that any western country will pour billions of Dollars in here to rebuild - as long as Syria is some sort of russian-Iranian outpost.Russia has spent a lot of money (and lives) to secure two military post. They paid a very high price. And now let them war thugs rebuild the country.(Quite scary, to see some of the GPX investors here who seem to be willing to collaborate with war criminal Assad.)
JRz
04 Apr 2017
Re: Mogherini: Planning beginning to rebuild... The European Union's top diplomat says the United Nations, EU and world financial institutions have begun technical work to figure out what will be needed to rebuild war-ravaged Syria.EU foreign policy chief Federica Mogherini said Tuesday that the work is meant to foster peace efforts by giving Syrians a sense of their post-conflict future.Speaking on the eve of an international conference on Syria, Mogherini said "it is easier to imagine peace if you are given some hope that that process can be supported by others."She said that too often in the past, the international community has appeared "taken by surprise (by) the end of the conflict."Officials from 70 countries are expected in Brussels for the Wednesday conference following reports that a suspected chemical attack killed dozens in northern Syria.
JRz
04 Apr 2017
Mogherini: Planning beginning to rebuild Syria [link]
oilinvestor85
22 Mar 2017
If you are looking for good well run oilies This isn't investment advice but just my thoughts on the matter :-There are a lot of undervalued oilies listed in London at the moment. I have a number of E&P companies in my portfolio but I also like to balance things out with non oilies as well. The criteria that I generally like to go for is as follows (but sometimes I like to make exceptions):-1- Cash rich 2- No debt 3- Good balance sheet4- Operates in a stable part of the world ( not Nigeria Russia Libya )- I broke this rule with Genel because I believed they were undervalued.5- Good stable / increasing level of oil & gas production 6- Good 2p reserves 7- Has planned exploration wells to increase reserves & resources 8- Undervalued in terms of NAV9- Good management team 10- No skeletons in the closet (no court cases, no disputes with governments , no problems with activist shareholders or suppliers or previous employees etc)Some of the companies that meet this stringent criteria are as follows:-FPM:- North Sea oily , producing 17k BOPD, £ 100 million in the bank and lots of planned drills in the next 3-18 months. SDX:- Middle East and North Africa based producing in Morocco and Egypt . Has Cash and no debt. Multiple drills planned and plans to increase production from 4000 to 25000 BOPD. Breakeven price $ 21/ bbl . Recently bought assets from circle oil and Looking for more purchases.SQZ:- North Sea production base of around 3000- 4000 BOPD. Exploration assets in Namibia and Ireland and Northsea. Good level of cash in the bank, No debt and growing cash balance.AMER:- producing in Columbia + 5000 BOPD and has pipeline asset .cash rich 50 million in the bank. Buying lots of assets from little cash strapped companies.SIA:- producing in Vietnam around 10,000 BOPD and plans to increase production by ongoing drills. 90- 100 million in the bank and no debt. Exploration assets in west Africa and Vietnam. Expecting some additional cash to be repaid from previously sold Mongolian asset. Pays dividend. Looking to acquire additional assets with cash balance.You could grow your money by investing in the above or you could put it on 16 red or 24 black and gamble it on GPX ...Do your own research
oilinvestor85
17 Mar 2017
Re: Where is onewayticket??? "Troops into northern Syria in the coming weeks. Give this another 6 months I maybe in."--------Jeeeeeeez you seem to have a taste for partially bankrupt oilies !!!! I guess the AFREN lesson wasn't clear or hard enough ! Give this another 6 months, and it probably won't exist !!!
Johandesilva
16 Mar 2017
Re: Where is onewayticket??? Give the guy a break hes feeling the pain of being locked in.There is news that the U.S. military has drawn up early plans that would deploy up to 1,000 more troops into northern Syria in the coming weeks. Give this another 6 months I maybe in.
oilinvestor85
16 Mar 2017
Where is onewayticket??? If onewayticket was any sort of man he would apologise for his incessant ramping of this dog across multiple BBs! The share price has continued to slide by over 50% since he started ramping ! I feel sorry for the people that listened to him and bought based on his advice! I don't expect an apology from an odious self serving leech but he should take it as a lesson learned and in future try not to trick , dupe and mislead innocent newbies on other boards.
oilinvestor85
16 Mar 2017
6.5p hit today next level is sub 5p I warned and warned and warned !!!! Yet nobody would listen !!! This disaster of a share is going down faster than the titanic !!! This is a oneway ticket to bankruptcy! PUN INTENDED!!!!
oilinvestor85
08 Mar 2017
Re: I did warn you ! I told you so!!! Contrarian is someone who makes money by going against the grain. Finding undervalued companies with good assets and a good balance sheet that are unloved by the market. Not gambling on almost defunct oilies such as GPX with no cash no assets no wells no planned drills no rigs no hope ! There's a big difference! I'm sure that you can appreciate that!
Johandesilva
08 Mar 2017
Re: I did warn you ! I told you so!!! But there is only 3 of here and one of them is a contrarian.Define: contrarian "a person who opposes or rejects popular opinion, especially in stock exchange dealing."
oilinvestor85
07 Mar 2017
I did warn you ! I told you so!!! I posted here multiple times when onewayticket was ramping this as I didn't want any newbies to follow his bold ramps and get impaled on a spike. The share price has drifted from 12 p to 8 p as a type and heading lower! This is just a lesson out there for all newbies : NEVER LISTEN TO BB RAMPERS who go around posting sheet on other BBs trying to entice you to buy their dog of a share. Most importantly avoid the person who signs off a with "own due dilligence" at the end of each post thinking that it will somehow clear his name from any ramping blame! He is a dangerous individual! I came across him on AFREN! Not to be trusted.
