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Market abuser Chris Oil tries to ramp New World Oil & Gas - ShareProphets Translation service

By Tom Winnifrith | Sunday 19 July 2015


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Market abuser Chris Oil has amazingly still been offered a platform by the ADVFN Newspaper to write his semi-literate shite. Today he tries to pump New World Oil & Gas (NEW) with a ludicrous suggestion that a company with piss-poor worthless assets, a totally discredited management and c£3 million of cash could be worth £40 million. In this podcast I serve up a translation of the Oil piffle which you can see below. 

Its been some time Since Chris Oil wrote my last ADVFN article due to my business dealings around the globe. However its time to highlight New World Oil & Gas that stands out at present, now that i am allowed to write once again on the company.

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New World Oil & Gas is clearly oversold with the weak and foolish running for the doors in a mad panic to get there money out on Friday after being locked in post suspension for more than two months. Typical sheep like behaviour of private investors after being fed black propaganda by the bear squeeze campaign.

However the shrewd investors have been buying on Friday or holding, i know of at least one hedge fund and two broker houses that have been mopping up the sells.

So what is the investor reason to be interested going forwards ? Most have forgotten to READ the full year results dated June 30th which clearly states oil enhancement projects with short term cash flow are in near term negotiations post placing. I can also confirm talking to management seems positive a deal will be done. Based on this aspect alone i believe the shareprice is grossly undervalued which could represent a conservative tripling  net asset value of the company.

Investors have also missed out on the updated CPR due in the 3Q anytime by RPS Energy which includes new recent activities undertaken by the group and its joint venture partners in Denmark which include 75mmbbs and 1.1 Tscf of gas P50 based which is about to be updated. With farm in talks moving forwards stated in the full year results.

Onshore Belize is still alive when i spoke with management they were looking at smaller but higher cos onshore wells which are in farm negotiations as stated in the full year results with the goal of securing farm in by October 2015, now finance is complete this task is moving at a fast pace.

The main strangth is the cash balance of (LSE:NEW) New World Oil & Gas partly down to my Chris Oil position  turning a bust company into one of the best micro cap balance sheets on the aim market today with cash around market cap.

So even with no board changes, news events are moving. However the board know full well if they do not progress in the next month. This time full scale management changes could be an option  with a well known management team. Either way Chris Oil remains a holder of New World Oil.

I can see the share price 10 bagging with the right assets and team or at least tripling with existing managemant delivering on there full year results promises in the short term.

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Comments

4 comments

  1. Some body please tell him that when refering to himself i should I .

  2. Some body please tell him that when refering to himself i should be capital I.


  3. J P Spaghetti

    Someone please finally come clean: this whole Chris Oil persona is a wind up isn’t it? I realise the above is a “translation service”, but still – the authenticity of the admittedly wonderful Karl Pilkington seems absolute compared to his!

  4. Go on Tom.

    Admit you are just jealous because you have some sense of loyalty to your Wife, family, the cats and others whereas Chris gets to spunk his ramp money generated from deluding others on photographs with minimum wage bimbos who would not share tongues with him for fear of getting too close to his face.

    You sad delusional fuck.


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