This space is reserved for electronicfur to introduce himself.
As a relatively inexperienced investor who started dabbling in the oil & gas sector at the start of 2008, I actually find these discussions about when to top slice quite interesting, as I find this one of the most difficult things to decide and learn. Having bought into EO from 25p all the way down to 10p, I went rather overweight at 10p since I…
Operational update today from Roxi: http://www.roxipetroleum.com/roxi/en/media?ref=155 David Wilkes, CEO of Roxi, said: " Although this is a disappointing result from the testing of the middle Jurassic reservoirs of well 806, we remain optimistic that the South Yelemes field will move to pilot production in 2011 based on the preliminary results from the existing wells already drilled on the field. Our focus will now shift to…
Thanks for the confirmation Mark. Encore is now the biggest position in my portfolio, even though I topsliced at 33p, so it's starting to matter. Cheers, EF
With regards to returning cash to shareholders, I understand that Alan said at previous presentations that Encore would return cash efficiently to shareholders. I assumed this to mean that they will provide various options for shareholders to take, depending on their tax situation? Does anyone know if they clarified this further? Personally a simple dividend payout is best for me. EF
I'm not a huge fan of ltbh/hyp (as a look at the 10/15 year chart of say gsk will show) but there are those for who it works. Over the last 20 years GSK had an average dividend growth rate of about 8.75%.... That is why LTBHers hold it.
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