I was merely pointing out how fast this share can move & 3p to 38p was one of many, buying in as low as possible has you invested in a company that can go pop anytime without news. Its the reason you put a sell sign, because you want to get in cheaper.
I'm here because I need to keep a watch so that I do again buy a huge amount at 3p, and similarly lowly as on many times in the past 8 yrs....and then to sell as high as possible.
Hence I've watched MATD closely for a very long time and can see those periods of strong P & D, which hopefully I avoid.For me, at the present time the price looks a little on the high side, although you may do as you wish.
You misread - I do have a great interest in MATD, but some of times the share is mis-priced...either to the low side, or to the high side.
Incidentally, you do me an injustice with your modest 38p mention - my sell book also shows 112.5p was mine in 2010.
Why even bother to hang around this bb if you've got no interest in this company? You see when matd rose to 38p from 3p on hype and many more times after that? That's the reason you're here quite simple really.
Agreed, very specific reasons for the share price decline from circa 40p and hence with an objective evaluation of such, we can discern the very real probability of the move back upwards - as is happening!
We now have no oppresive bergen involvement, a drill ready rig on significant discounted terms & an injection of greater experience through a change of senior Management - that along with a stronger oil price and more detailed Seismics due.
The previous price drop was majorly exacerbated through the relatively limited number of shares in issue. That itself should contribute to the strong push back upwards with only slightly more shares in issue since that time and no surpression factor now.
We all know (or should know) that Aim stocks are highly sentiment driven, rather than trying to adopt a value analysis approach to such stocks.
As such, the potential multi billion barrel World class resources that Petromatad is targeting, will no doubt effect a massive price rise from current levels, as has previously been seen and now under more favourable conditions.
Every individual investor can do their own research and come to their own conclusions regarding the potential of the stock to significantly rise above current levels - even before any drill bit results are known off any of the multiple drills.
Hi Sageman, Yes, the rise here is still pretty much in it's infancy and I expect it to continue throughout January when news on the Seismics should be announced.Hopefully, then a farmin partner will be agreed and then drill dates should be announced, followed by a drilling campaign. 2018 is going to be a very active & exciting year for Petro Matad shareholders.
Hi Sch - I have been following this for a few weeks now and done some research via Stockopedia etc. I pretty much agree with your thinking albeit I have more modest targets. I have dipped my toe in (20k) more to concentrate the mind at this stage than anything else. Having some skin in the game makes me follow a share daily. I like the fact that this BB is deathly quiet which means that this is not yet on the speculators radar. could be an enjoyable ride.
No P2G I have not sold any Matad shares yet and I have absolutely no intention of selling any until it gets into the mid 20s. I will then unload 25% of my holding and I will unload another 25% when it's hits the mid 30s ,I will then decide what to do with my remaining 50% depending on whether a farm in partner is procured and/or drilling dates are announced.
And No P2G, I was not lucky last time, I knew the rise was imminent and I bought in before it.Nothing sophisticated about that, just a good understanding of how the market reacts to oil minnows that are going to drill( or in Matad's case ,say they will drill) .Now, you may say yeah yeah, anyone can say that after the event, but please check out my posting history and you will see that I advised amc holders to buy Matad at 3.25p last year and I was already 60% up on Matad by the 24.11.16 (check my 24.11.16 post on amc board) and I stated last year (when Matad was 4/6p) on numerous occassions over on the Matad lse board that Matad would be the best performing oily on the lse and the 1000%+ rise proved me right.Check out my posting history and you will see I called it right well before the last rise and I'm now calling the 2nd Matad Bull Run just as it begins.
This is no luck Sir, it is understanding how the market participants in Petro Matad will react and acting before they themselves act.
I called the 1st Matad Bull Run (beforehand) and I'm now calling the 2nd Matad Bull Run.See you at 30/40p.
LoL,,,, easy to say 500% this n that,, follow this n that,, so did you bag a sell at 9p+ before the current reverse ?? is that today's equivalent of your ermmm 40p + bull shine run ??
You can follow trends but does 10p lead to 20, 30, 40 or whatever,,, you don't know,, your just punting a gamble on a run with zero foundation. one thing is certain... if I had stock at 3-4-5p and I saw a solid 9p+ i would be taking it, i would be taking it today too...
Hindsight traders are a plenty... if you did make good on that last borlocks run then good for you, really... you got lucky.. but don't be so sure you can get a solid repeat of that, it usually ends up catching folk out at some point and ultimately drowning in a loss.
Each to their own, but you will never convince me of this showers supposed capability, I have followed and traded them many times, got caught a few too... only thing this lot can hope for is that time forgets or most that got hung out on that world record beating ferk up of a drilling campaign have long gone and they can press the reset with fresh blood..
Good Luck with it, because luck outweighs the outfits capability by 10:1 at least.
Mantrova...What are you talking about,innocents losing money ?
We are investing in a high risk small oil explorer here, not government or premuim bonds...We are looking for returns of 500 to 1000% and possibly much more; so this is no place for innocent feint hearts who are concerned that they may lose some money.This is the harsh world of investing in high risk penny shares.......If, as you suggest, innocent people may lose some money here, then, that's simply stating the obvious !
Anyone investing in Petro Matad knows the risks and rewards and if they don't then they 'Should Not' be investing.Simple.
Your another one, like P2G who does not understand Petro Matad...This is no BP or Shell,it's not even a Cairn energy or Rockhopper Exploration and it's not a premium bond either,its a high risk, high reward tiny oil explorer !!!!
Of course, some will lose & some will win, that's the game.
You don't seriously think that innocents can or should have the prospect of a 1000%+ profit without high risk ?????
It's absolutely pathetic when people say, oh, but innocent investors looking for Monumental returns of 1000%+ may' innocently' lose some money.
Get Real and man up, This is the aim game and its brutal, always has been and always will be !! No innocents should be investing here,and if they are, then they aren't innocents.
We've all lost money on aim shares, so don't come here pretending to feel sorry for some supposedly 'innocent' investors that you don't even know.
Disclaimer;If, as Mantrova suggests, there are any extremely greedy, supposedly ' innocent investors' looking to invest here for a 1000%+ profit who do not realise that they may lose some or all of their money, then do not invest, go and put it in a savings account and make 1% a year on your money.
Now Mantraova, you come back here with P2G when it's 30/40p+ and say that Der Schachmeister was right . DYOR
Push2Gush....What I will say to you is that on the 1st Matad Bull Run, which started last year, I was buying this at 4/5 & 6p.
I left the party early, contenting myself with a 500%+ profit. Do you understand what I'm saying P2G ? We are all here to make money Sir !!!
Investors who follow the Chess Master's(schachmeisters) strategy wont need to worry about losing money on Mongolian Dusters, top slice when this hits 30/45p and it's a free carry with a profit banked.
Now P2G,you sit on the sidelines, just like you did last time and come back when it's 40p and then start bleating about value, assets,reserves blah blah blah.. just like you did last time.,whilst the smart investor will have already made his money and be free carried for the drilling campaign.
You obviously don't know how to play this game ?
It's simple..please allow me to explain....When a tiny mining explorer announces that it will drill for oil its shares rise very sharply in the lead up to the drilling campaign (think jog/matad) .Speculators who arrive early, like myself , are then sitting on a very significant profit well before the drilling dates are even announced.
The investor/speculator can then simply take his profit, or derisk by top slicing(taking profits) and being free carried for the drilling campaign.
Value,Assets,Reserves ect, play no part in this game, it's all about Potential & Speculation.
Investors/speculators who arrive at the table early will be very pleased with their return here well before Matad even announce the drill dates.Remember this rose 1000%+ without announcing a farm in or drill dates early this year,so this will go Ballistic if any of these are announced this time around and even if they aren't (which is unlikely), it will multi-bag on speculation alone ,well before any big announcements.
I hope this helps P2G and good luck with your investment strategy.
Some shameful ramping going on and many innocents may find they receive a taste of being burnt.
Possibly there will be newsflow ahead of the Mongolian Spring, but the likelihood is for a quiet period as far as news goes and a steady drift downwards to below where we now sit.
As I type it's currently (-24C) in Ulaanbaatar, so rather unlikely there is much going on just now, I would think.
Look at how the sp was excessively promoted against the background of the last Bergen RNS and how over-enthusiastic buyers are now sitting under the water.
End Dec/early Jan might likely be a more sensible time to be looking for a more attractive entry price.
Gl however you go with MATD, but try really hard not to be drawn into overpaying in the meanwhile. It's little over a year since you could have had your fill for around 3p.....a sobering thought.
what a crock of poooop your waffling,,, there are NO fundamental drivers of worth, I have been in and out of this shower more times than I care to think... but as a Co its history is a mire of dire practice. Speculators my arze !!!!!
GL with what is a punt into a black hole... and don't bother to start waffling about size of licence and all that jazzle.... lol lol lol
Investors interested in participating in the 2nd Matad Bull Run will find the lse bb and not the iii bb is the home of 'The Matadors' and is a good basic starting point for anyone wishing to find out more about this little company with (in one analysts words) mind-boggling potential upside.DYOR.
The sophisticated investor will play this by buying in early before the imminent metoric rise and then derisking at 30/40p by top slicing and then be thus free carried for the drilling campaign.
A simple but effective plan !
Yes Push2Gush, you are indeed correct,the good ship Matad is soon to go Orbital once again, just exactly like it did last time.The scene is set, Bergen are almost spent and when the overhang clears this will go Ballistic as speculators pile in ahead of next year's drilling campaign.
But P2G whatever you do, make sure you do not profit from this imminent meteoric rise , just wait until it hits 40p again,(and you know it will), and then say how mad is that ...Irrational Exuberance and the Madness of Crowds blah blah blah..
We all know the fuse is about to be lit here and I have positioned myself accordingly to take advantage of the 2nd Matad Bull Run. DYOR.
I'll likely hold off buying here til spring then P2G.. unless it goes down towards 4p in winter... and then i wont be able to stop myself taking a few on for old times sake...
Brilliant posting on UKOG board btw (i sold out at an avergae of 7 odd p a while back but have started buying small again in the 4's p and would buy a small amount more on any further weakness... I likely won't have a meaningful position in it again though as very tricky drilling)
CERP has been very good to me btw and I haven't sold any yet.. if year end targets are met surpassed/ this has plenty of legs still imho... but I'd perhaps wait for that next goudron production enhancement update before I'd recommend buying now..
Thankfully lots of my oilers have been going up recently - I hold 15 to 20 of them at any one time - so here's hoping that continues and I'm very much hoping UKOG makes a big comback too for you!
I Honestly would say stay away from this one until the Mongolian spring gets nearer,, this lot will basically hibernate for the winter now.... done it before.... and could easily slowly slope off to much lower than today... but one to keep a quiet eye on.
again well called push2gush...and I knew you'd be right for sure when alltold recently put the big blue on this ..
I'm very thankful for that 40p plus rally though as it was very lucrative for me .. but my gains were peanuts against the big ramper winner(s) here no doubt..and it's not the first time this has been seriously played.... and probably won't be the last, imho.. so if this goes under 5p i'll get back in in a small way and would add by small increment on any further weakness.(3p is of course possible here and lower but so is some more upward spiral ramptasia imho)
You didn't really expect Bergen to be holding shares going into the drill did you? They're financing the company, not stakebuilding or speculating. Holding masses of CLNs is much less risky for them as they'll get the money back eventually whether or not we strike oil. Holding shares at 10p and 7p knowing they'll crash if drilling is unsuccessful is just bad business. Bergen exiting can only be good news for the sp once they've finished.
I still think it has legs, though it will be a bit of play to dodge some "possible" cash calls/dilution along the way.
As for MATD !! I think it got some price support from the last cash call, though that is never something that gives solid foundation, do I think it is value at say 10p ?not in my opinion, I still think this is twice the price it should be, but AIM is a world of it's own on logic sometimes.
Great calls all along here push2gush.. and I'm still way out of this .. although as it has been so good to me I may have one more small punt if it goes under 6p as a what the hell bet... as proven here more than once, AIM oiler price movements are subject to the strangest random happenings..
Also thanks a million for UKOG.. my small bet was up north of 200% recently.. I've now sold a third down but like it as a longterm bet alongside short term trading bet going forward too
(for what little its worth my 'dodgy' oiler favourite is currently CERP btw)
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