MediaZest – “Project Completion” update, what about some insight on results for a year finished approaching four months ago?
Published 17 days ago
Earlier in the week the disappointment was that the Italian Badile gas play had flopped. But at least the Moroccan excitement could allow James Parsons, the aggressive stock promoter who runs Sound Energy (SOU), to keep the plates spinning. er...now we have news from Morocco. And it is more bollockese and not great news.
Published 19 days ago
Some folks are just lazy fucks. The team round at PR crony capitalists Vigo Communications who charge an arm and a leg for spinning for Sound Energy (SOU) appear to be such folks, as they put together today's disastrous press release using cut and paste. It starts "Sound Energy, the African and European focused upstream gas company, is pleased to provide an update on the drilling of the Badile exploration well, onshore Italy.". With what followed I bet the ranch that Sound was anything but pleased. Hint: the shares have crashed by 30% to 54.25p in early trade.
Published 115 days ago
I’ve been bearish on the valuation of Sound Energy (SOU) for a while now, and nothing in the updates this week on Tendrara or its final results have changed that opinion. Don’t get me wrong, I can certainly see potential in this company, and it has done well to turn things around and get to where it is currently, but I still think that it is crazy that it is trading at a market cap of well over £500 million at this point in time.
Published 124 days ago
Chariot Oil and Gas (CHAR) has begun to get my attention again recently as it has plenty going on operationally during the next year or so, and could well become a popular share to be in once again.
Published 221 days ago
Whilst it is great to see Gulfsands (GPX) rising on the back of recent news about a possible peace deal in Syria, I am far from convinced that such a large rise in share price is in any way justified at this point in time.
Published 347 days ago
One of the biggest red flags of a company being ridiculously over-priced is its directors selling shares, and that certainly looks to be the case with Sound Energy (SOU) following its after hours RNS!
Published 362 days ago
Sound Energy (SOU) has been one of the best performing small oil companies this year in terms of its share price, but when you take a closer look it is hard to see how it justifies anywhere remotely close to its current valuation.
Published 1016 days ago
My pair trade of Urals Energy (UEN) and Fastnet Oil & Gas (FAST) has started very well when you look at tanking markets. When my sell call on Urals was posted the share price was about 9.5p. It is now about 6.25p so that is a stonking 35% in THREE trading days. I’d close that out now. But stick with Fastnet which is at 7p when I tipped it the shares were 5.75p. That's a stonking 22% in THREE trading days but I am calling this one higher. Much higher.
Published 1066 days ago
This morning, Fastnet Oil & Gas (FAST) announced it had awarded 5,000,000 options to its Chief Financial Officer, Will Holland. There might be some complaints about the size of this award, especially as Mr Holland currently holds no Fastnet stock, but the vesting conditions of the options are worth paying attention to. Rather than grant Mr Holland a free ride on Fastnet’s share price recovering from its all time lows, the board has set some stretching, yet possibly achievable, targets over the next few years. Long-term holders might not be overly enamoured with these, but for anyone new to the stock (including Mr. Holland!!!) this could prove to be a positive alignment of director and shareholder interests.
Published 1157 days ago
Today I wish to enlighten ShareProphets’ readers with the truth. Not all tipping websites out there are remotely interested in making you money. They are more interested in lining their own fat pockets. Here is a case study of an example from yesterday and why the culprit website is not to be trusted.