I trained as an oil analyst 27 years ago and have been writing about the sector ever since. Those morons who thought they knew better, as they filled their boots with Gulf Keystone (GKP), Xcite (XEL), Magnolia (MAGP), Andalas (ADL) and UK Oil & Gas (UKOG) always thought they had greater sector experise and on twitter came up with devestating responses to my hard analysis. Meet utter fucktard Donato Perretta, a UK Oil & Gas owning moron.
I look at a Winnifrith Rule AIM must introduce for board outsing EGMs ref Pathfinder (PFP), Magnolia (MAGP) and Conroy (CGNR) and I look at why we are in a bear market but why I'm not panicked. If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH
No I really want to be sick. The day started so well with Joshua, myself and more fit young mums making a paper image of Colin the Dog. But then I just got sick so hence the lack of content from me today. After this podcast goes up it is back to bed. On bear cast today a demolition of minus 99.5% lifestyle company Arian Silver (AGQ), 13 Energy (i3E), today's spoof from Magnolia (MAGP), a "fucked if I know" response from me on R4E (R4E) - a share we own - and a look at today's dire news from one of Jim Mellon's many AIM dogs FastForward (FFWD).
I start off with Avanti Communications (AVN) the spoof share purchase by uber bombastic CEO David "taffy" Williams and Lucian celebrating as the shares slide. Then it is onto a bad day for the Bick brothers. Baby Bick spins for Gable (GAH), Thirsty Bick spins for UK Oil & Gas (UKOG) and I comment on both. I touch on POS Magnolia (MAGP) where it is almost certainly placing ahoy then it is onto LXB Retail (LXB), Prospex Oil (PXOG), Hostelworld (HSW) and finally a detailed comment on Nyota (NYO).
And yet again the Bulletin Board Morons take something of a battering because they thought they knew better. This time it is - essentially bankrupt - Petroceltic (PCI), shares in which have this morning been suspended pending clarification. Ooops a daisy.
A lot of references today to yesterday's podcast covering cats and Andrew Monk's puzzles (see HERE). Today I answer the money puzzles and I am afraid there is very bad cat news indeed. So I really dont care about shares and it was not a good day for a moronic disciple of David Lenigas with 9 followers to have a go at me on twitter. As it happens I have a few things to say about Jabba who I will be nailing for good within six weeks. I also look at Nomad resignations, Auhua (ACE), DQ Entertainment (DQE), Milestone (MSG), Litebulb (LBB) and then at Magnolia (MAGP) and the wider career of Gavin Burnell.
The weekend press is full of stories of doom and gloom and dividend cuts for BP (BP.) and Shell and clearly there are a stack of smaller companies that are totally screwed and where shareholders are likely to face total wipeout. In that vein I discuss Magnolia (MAGP), Igas (IGAS), Gulf Keystone (GKP), XCite (XEL) and, of course, LGO Energy (TOAST). But is there a case for buying oil shares as a long term invester. I look at a few cases from BP down to Union Jack Oil (UJO). Perhaps there is no rush but the time will come.
Point 1. PLEASE FILL IN THE BEARCAST SURVEY NOW - WE NEED JUST TEN MORE, THEN I SHALL STOP BUGGING YOU! In today's podcast I look at Afren, Jupiter Energy, Hunter Resources, Caza Oil & gas, Magnolia and the unpleasant way that Avation presents its results.