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David Lenigas thinks the world centers on him & demands I publish his abusive emails to me. Ok

By Tom Winnifrith, The Sheriff of AIM | Tuesday 19 April 2016


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.


Jabba The Hutt has taken to twitter last night complaining that I have not published his latest abusive email sent to me at 7.07 PM after yesterday's expose. Apparently I have to drop everything to respond and publicise this journalist bullying and smearing fat Aussie share ramper. Needless to say, the email from David Lenigas is pathetic but just to bring a smile to his face as he gazes down to the marina in the Monaco tax haven, where lives, to look at his 36 foot yacht....



Dave emailed me at 7.07 PM but 10 PM he was tweeting about my failure to post. FFS how self important can the man get? What is fascinating was the social media response of the lobotomy army, the band of morons who follow the ramper. Really do these folks not have a life? I wonder what the wife/employer of Mr Mcintosh thinks about him lauding the idea of beating up journalists? Truly what sad excuses for human beings these folks are.

So here is Jabba's email:

Tom

Your commentary is really starting to look quite foolish now on Horse Hill, the Weald Basin and UKOG. This is the third major global group today signing off on the potential of the Weald. Their sign off processes are immense and require massive back office DD and corporate sign off.

Stop implying I am running UKOG, as this is grossly untrue. You're making yourself look more foolish post by post. Regards.

David Lenigas
London office. Telephone: +44 207 4400 640

Ends.

it is jolly decent of Jabba both not to mention my mother's suicide this time and to be so concerned about my reputation. But the trouble is that my article stated facts which he fails to counter.

UK Oil & Gas (UKOG) has just bought 7.8% of Horse Hill for £1.8 million. That means its total stake in HH is currently valued at £6.3 million. that is a FACT. That the market cap is c£44 million and thus a joke is a FACT. That UK Oil & Gas is almost out of cash is a FACT. That it is desperately working on a placing to raise £8 million plus is a FACT. that it put out the E&Y release while other Horse Hill companies refused is a FACT. that one other HH company described the E&Y study as "not worth the paper it is written on" is a FACT. I explain why the E&Y study is a rum and coke in the article Jabba objects to.

Little Steve Sanderson works out of Jabba's office, Jabba sends pommpous emails about UK Oil & Gas - FACT. Jabba smears journalists who question the Horse shite - that is a FACT.

Jabba, if you cant stand the heat get out of the AIM kitchen. I shall be exposing you in full on April 30th at UK Investor Show and explaining why you should be run out of town and sent back to the colonies forthwith. I have offered you a right of reply, you have declined. the offer is still open.

Maybe the lobotomy army should take time off from watching their savings disappear to question why Jabba will not appear on stage to face exposure and ridicule on April 30 at the UK's only serious investor show. Why is he so chicken when it comes to real scrutiny?


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More on UKOG


Comments

5 comments

  1. The price they bought the extra 7.8% is the killer . Who would sell to them at that price if there were packets to be made within a few years time frame . Over to Andrew Bell for independent comment :- …………………….. ( sound of wind and rolling tumble weed ) . For whome the Bell tolls.

  2. “UK Oil & Gas (UKOG) has just bought 7.8% of Horse Hill for £1.8 million. That means its total stake in HH is currently valued at £6.3 million. that is a FACT

    No it doesn’t. one buys for x and can sell for y (as per mkt cap), then valuation is based on y not x. If a company trading on a p/e of 15 buys a co trading on p/e of 3 then is it value accretive for the purchaser? One would think so. I am sure retail analysts at James Capel would have told you that. You are basically suggesting that one cant buy an asset for less than its true worth.

  3. RC

    Of course deals can be accretive. Most actually end up being value destroying but we only find out in hindsight dont we. As we will with Horse Shite.

    My point – as opposed to what you a HH loon think my point was in order to counter the general thesis – was contrasting what the market is prepared to pay for HH right now ( a value of £20m) with what Del Boy wants us to believe – the joke E&Y numbers. The former is hard fact, the latter is tomfoolery to get a placing away.

    As a shareholder in denial I’d expect you to miss that point

    T.


  4. Office shortage

    Sorry to see the great London Office Shortage affecting David Lenigas.

    UK Oil & Gas Investments PLC is at
    Suite 3B, Princes House
    38 Jermyn Street
    London SW1Y 6DN
    United Kingdom
    T: +44 (0) 207 440 0640

    and he writes to you from the same address with the same telephone number:

    “Stop implying I am running UKOG, as this is grossly untrue. You’re making yourself look more foolish post by post. Regards.
    David Lenigas
    London office. Telephone: +44 207 4400 640”

    Times must be hard indeed.

  5. You have to feel for DL, as his yatch seems to be suffering the same deflation as his shares. It was 100ft in a Shareprophet article in February and now it’s only 36 ft.


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