Our Conure at 26 mos., "whats up", okay, thank you! :)
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TallRob, I can't afford one of those. I did get to take a short spin in a lamborghini a few years ago. A doctor friend I use to have a little contact with let me give it a try. I was in the city. I could never really open it up. One traffic light to the next I couldn't even move it up to 2nd gear there was so much power. I think he told me it cost 250.000. He smiled when he gave me the key. You gotta be able to afford it when you can do this. He also had a lamborghini hum V. First and only I have seen.
Ron, I agree. I guess my thought on this was that even if it occurs won't their shares be restricted for a while? Until the merger is complete?. I thought Parkin said there was a 20 day period. Under 600mn is still not bad. When the merger is complete it will have a positve impact on the market. Either way its better to get in early than procrastanate. Never second guess the market. Justified or not its the perception of the market.
This stock could rise dramatically in particular on the least bit of positive news the company may precent with acquisitions. If the company has little debt for example this stock may get another boost. $5 ps may be doable in relative short period of time. It may go thru periods of leveling off. Presently I don't see any reasons that would prevent it from gaining alot of ground.
The Russians too have money to invest. They can buy thru the Frankfurt exchange like we buy a Canadian stock. They invest just like everyone else in the world and it is in their country and they know Nwog. They couldn't invest in it because it was private. Ndol probably had little to no exposure in Russia.
Not me I would stage a 570 million man march on Washington!
I heard today on CNN that there will be no more rate hikes by the Fed. How many does that make 50? > exagerating of course.
Yeah Ron, plus with 3 exchanges and you know alot of people are eyeing this company. Ron you gotta admit its one of a kind. People see the opportunities here, and if they don't, and they miss out we'll cry with them later, ours being crocodile tears of course.
NDOLS, I believe that when the stock finds its base it will be a more steady and determined move to the upside. Char has held its own for along time. If they would have purchased Nelson that stock would be rock'n today. When Lukoil took it over it kept the ps in check. Think of that scenario for a moment. Shareholders wanted the 100%, mgmt put the company at risk by not buying Nelson. Kept it on the pinks.
In our scenario many wanted the buyout without thinking what a real merger would mean. We're getting here what would have been ideal for Char with 100% ownership. The difference? We are inside of Russia with a much bigger company. One day Nwog will probably purchase the 41%. But, for now who cares its all the same. This is as good as being an insider on wall street.
I wish the Russian government would move more toward a capitalistic society, instead of toward the days of the Czar's. Investment money would pour into their country. I may as well be wishing for a perfect world too. They need our help, we need their help but no one wants to admit it.
Vic, Need to get you one of those 3 wheel vehicles they operate in some of the indonesian countries. Fiat use to make some really tiny cars that would get 50 or more miles to the gal.
If the price for a barrel goes to 100. You would be over $5 a gal out there.
Yeah! sugar? who would have thought?. Ron I wish I had about 50,000 acres in Alabama. Go down there and plant some sugar canes. Sorghum to gas? we never know what we're eating>ha. Lets not forget sugar beets. Wasn't it George Washington Carver who discovered the many uses of the peanut?.
Maybe someday someone will learn how to make gold, plantinum?
They are making diamonds today. Not zirchonium but real diamonds. Not the rare ones, the white ones. Maybe someday they will learn to make emeralds.
This is counter productive, its also a contradiction. You can't want the stock to go up, and hope it comes back down.
Does this take into account that that the cost for a barrel of oil could double between now and then on the open market?
Mild, I can't even imagine gas at $4. a gal at the pump if something causes such a huge gap up. My little car now at 15gal capacity I think will cost me $60. to fill it up.
So everyone is in agreement its way undervalued and fair value should be $2.20 pps post merger?. If ndol was priced at $2.17 pps for a buyout. Would it not stand to reason that the Pres. merging with nwog knew it would have much greater value?.
I think some of you should be accountants if your not already are!. All of you have done a bang up job with all this. In some respects your ahead of the prs. These post on valuation should be considered pre-prs. You help us all stay ahead of the market news. Thanks for the brainstorming.
Ret, Good post! Lots of people talking about this very issue today. Can we imagine in this were conterfeit money circulating thru ou banking systems today and left unchecked? The problem here is very similiar to what is being discussed here. Systemic. The problem is so big that it could bring on collapse in our banking sytem if it were in fact money.
Federal regulators have given hedgefunds the greenlight to do whatever they please. Some are offshore as in the Cayman Islands. Capital mgmt I think. These boys invest for the billionaires. They operate off shore because this allows them to get away from paying capital gains tax. It really an unregulated industry. Its not a secret and them being billionairs they have alot of political clout.
Its no telling how many firms may be guilty of the same things.
He is right in saying arrest all of us and lets get down to whats going on. Imprison the ones that are guilty. Shut them down and pull their licenses. If they would do this to a few and begin regulating the industry it may stop most of this who trade in this country. Plain and simple their crooks and their breaking the law.
We need a phone call to Pearl on Monday!
EZ, if things unfold regarding anyone of these scenarios I've been reading today. You'll have to sell your shares at market price to the company minus your export tax to get gas for your car>ha, Oh! I forgot a minor detail, the company doesn't export. You'll have to talk to Chavez!
Like the man with the fish who is still waiting for another.
Like I said your a funny guy. We all need some humor!
Jim, your right. She could just do a r/s and be done with it. I don't really care about the debetures but its nice for her to offer. We can have a whole lot of nothing and let these floor traders keep at it, and the mm's keep making money and the brokers or we can decide to take the stock back!
Flan, You got it. but, makes it 2 months from today not one. Unless your living in one of Russia's 10 time zones>ha. .10 and .20 is feasable with a reduction in o/s. Only a percentage of these will be traded, like now. Usxp rose to .05 and it had 6bn o/s and because the Ceo could never deliver on his pr's that made it rise the slow painful sell off began. Its taken a couple of months maybe 3, the last time I looked it was .005 I think. It would have been much much higher if he would have delivered. That company really has nothing nor will it imo.
Janice I thought about what your describing. Your right. It can't be a choice. Everyone has to see that this is in there best interest to do so. She needs to reword this and clarify these statements. I can't even imagine how this would be optional? It makes no sense!. She doesn't need shareholders approval. I wasn't in on the r/s and it may be tuff to make this call after. If she doesn't we're gonna keep seeing the same ole stuff forever.
I see it this way. At 3bn shares the pps could rise to .10 and the company's market cap could reach 300mn.. This is feasable. When things begin developing with the gold and it processing even .20 is still feasable. Another split in the future will be necessary to get the o/s in line with earnings. Somewhere in the future she needs a share count thats reasonable to earnings and projected earnings. The share price then can continue to rise. Ideally less than a billion shares o/s. If you and I buy more shares prior to the r/s we will be fine. If we ended up with 200,000 shares hypothetically and our share price was 5 dollars you and I would have made a great investment. Any company would have to consider doing this given the same situation.
The best we can do is buy in for more prior to any split. In 5 years we can cash in for more shares. She can't buy back anymore shares after this one she'll have to just do a reverse split until things line up. 5 years out she will have to see if releasing these shares will create dilution. If this is the case something else will have to be done. Even another split or a cash payment. A low share count can make this company go foward. A high share count will wreck it.
Petrocalypse! and the IEA. International Energy Agency, reports that demand will exceed supply for 2006 and beyond. I was reading this article from a magazine I recieved today.
On friday the markets sold off and Thursday too. Friday had something to do with Iran willingness to talk about their Nuclear program. I guess they just want to get into the fraternity. This had a negative impact on the energy stocks around the globe.
I heard on Cnbc that there would be a less demand on energy the rest of this year. I wish I could remember now who stated this. This is the most misdirected piece of news I've heard. I wonder what his source is.
I don't know how many have read this but its really some food for thought. $150 a barrel oil. $5.32 at the pump. Its speculative but possible. A turn of events, another hurricane, Chavez selling to China as opposed to the US. The US getting squeezed out of oil supply. A host of other things to many to mention.
Russia is an ally of the US but there are talks going on between Russia and China and its thirst for oil.
Anyway this information source is from Addison Wiggins, he is the publisher for Oustanding Investments.
Something to come to terms with is dispassionate investing. Getting beyond the politics is the only way to win out for what might be forthcoming. I guess we all have a to struggle with this from time to time. It may even restrict us from investing in other countries aroung the world. I remember getting my butt kicked here in this market when I could have some nice returns in Turkey or South America.
Oil is and will be from here on out, till it runs out the number 1 place to be. Cheap gas is not coming back. Alternative energy is needed but it won't replace oil. The oil industry is getting pressured for cleaner burning fuel. The problem with this is the cost associated with it and will be added on at the pump.
I bet anything that smaller cars and smaller engines will be back. Fuel efficiency will be the only way to combat the cost for a gal. When gas gets to 3.50 milk will be 4.25 a gal I bet.
A moped, a go cart, a golf cart may be other alternative measures or buying a car from India. A mini car from Italy.
Everyone is in agreement then that a base of 2.20 is a good starting point?. We're extremely undervalued. That report that came out from Germany from some investment firm is indicative of this?.
Monday's pr may begin to get us here. If we get stabilty at this level we can then begin to see this stock react with some rational investing.
Have a great and (SAFE) weekend everyone. Thanks for sharing!
Run!
Just Kidding!
Thanks Ron, Do you think we will be given one share from nwog for every share we hold? Someone mentioned this scenario. If they did this wouldn't this create some dilution? Once I reread what you wrote it will be yet even clearer. It sounds like we may have less than 300mn o/s shares or close to 300mn. I hope its not 600mn, thats alot. Its not bad but more than I would like to see. 300mn is tight for this size company. It wouldn't take a whole to move this stock.
These people are tight with Putin. Parkin said the government welcomed them and this merger with open arms. The reason why this is so welcomed? It benfits both companies and none of its oil is exported. It serves Russia and her people. It will have exposure to 3 exchanges. The other benefit here not knowing world currencies. The Euro is strong against the dollar and I believe the Rouble is too. This is really a ground floor opportunity. I doubt that we'll see any more exposure like this to the Russian oil market. I get the impression that the basins for oil and gas reserves on shore in Russia are already owned. Its may be alot more difficult for any start ups. I find myself evolving with this venture everyday. Americans have investment all over the world and there are several Russian mutual funds. What we have here is a little Russian gem.
Even if our own markets get a little rattled we'll be in good place with the right products. We all invest for the best returns. This is an investment not a trade. I bet this stock will be $10 by this time next year. If oil prices start heating up and they will who knows?
This 2.17 for the moment may have looked good but this president had other intentions for the company and its shareholders much bigger and better things. Not ever having met the president or top management they may be whole lot wiser and better than I intially thought. Misjudged them.
I am beginning to think that he may have even thought the reaction of the market would have been more positive than the buyout. He may have thought that there would be a little selling but not what we've experienced. It harder to experience the one that gets sold and it moves up faster and much higher than was thought possible, in short period of time. Having bought into another and lose those gains. This is one of those and it will not get sold.
If he would have wanted a quick buck he obviously could have sold the company and moved on. He and Parkin would be very rich men today.
I agree Jim, but one thing is for sure that we should be pulling out of this pit soon. If people then are willing to shake off their shares at .0003 or .0004 there will be plenty of buyers. I think we could see .10 or more.
May 15 ????
jgiambi,
Sorry guess I'm missing something. Did nord have to create the 345 shares?
I would think that nwog would get 59% of the 240mn o/s. I am totally confused. Wouldn't that be nice though?
The 180mn restricted belongs to the majors?
Someone said these belong to a Russian farmer?
I thought stushy said that these shares were being traded the other day?
I also thought the shares issued to nwog were restricted until the merger went thru.
Whatever the case something big is gonna begin brewing her and all we're lacking is the fire.
My audit was conducted by the law firm of Mat H. Quiz & assoc.
cmoe9,
I am not selling. It went to .0004. Wasn't following it either. When I discovered this it had come and gone. Chances are if you sell at .0002 or 3 you can't get back in for less than 2. I would rather hold. When we get the 27bn reduction this stock is going to move in a big way. I wish it could happen sooner than june15.
jgiambi,
wow! It won't take much to move this stock huh?
Thanks alot
What I need is an affiliate broker in different time zones. I could begin trading in germany, then move on to Canada then here, I could then get ahead of myself>ha. Russia if it would get on that exchange.
Maybe someday they will have a 24/7 exchange where people can go if they can't sleep and trade amongst themselves>ha
Flan, then they need to keep doing this until we get to $10.00. I may have to buy in at .0002.
jgiambi,
Thats great. Does this then release their restricted shares into the market or no?
Trade,
what is this 4bn long term debt issue? Are you talking about Aurc or Ndol?
Rob, If I remember what I read on the post that someone brought from I want to go public it stated that a merger would take apprx 4 months. But then there is the urgrade to the bb. I don't know if it can be done simultaneously?. If not we would have maybe another 3 months or so. Ron said the company then would have to get at least 3 quarters behind it before it can apply to the Amex. It would then have the track records to show qualifications, earnings, price share, etc.
Thanks Ron I'll take a look.
Famulus your a funny guy!
Flan, thats alot of friends. I know. Since Paim came off the scurity restrictions list they've been doing this. Think the
MM's are making are making a tidy sum off this?. We're at their mercy. Prior to this it was the brokers commissions.
Lucullus, Good to hear, and from you. Near Aachen by chance? I need a currywurst and some fritten with mayo right now. I would love a Konusbachen beer, but I will settle for a Fanta orange and coke mix. You got Fedx over there>ha
Ron I wish I understood options I have never really taken the time. I need to! I am beginning to think that its a better way.
Ron, just heard on Cnbc, Koch securities spokesman. I think Koch. He stated that a report came out today that there would be less demand for energy over the next year, and this has put some selling pressure on the market. He expects this to continue thru next week or the next 30 days.
I've heard all the same rhetoric over and over again. In a week or two they'll be saying something else. Who cares our oil is being produced and sold in Russia. We just may be in a sort of a safe haven. I don't believe the conjectures after all we've been hearing about the pent up demand for oil. Its all noise and manipulation on a big scale. Jim Cramer said once that he would like to bathe in it> ha
It will be great when we can relieve ourselves of these O/S. This crap will never end till we do. I wish it could happen sooner than later. As is its no more than a platform for jerk offs. MM's included. These people care less about any company. They should go to a casino where the odds of them losing it all is in the casinos favor.