25th Oct


This space is reserved for loglorry to introduce himself.

Loglorry's Latest Blogs

Readers of this board might like to know that if you have suffered losses resulting from relying on public information the Co-op bank disseminated which they knew to be false e.g. the 2012 accounts then you can make a claim against the Co-op bank for loses. I think it is time for everyone affected here to take action and make a claim against the Co-op…

We have some quite dramatic drops today in the Oil and Gas sector providing some bargain values (depending on your point of view) for many stocks. On my watch list, I have:Europa Oil & Gas (LON:EOG) is down 10% (after a big fall yesterday) to 27.5p. It is looking very likely that West Firby will come online around about expectations putting Core NAV around the…

This blog has been setup for general discussion of many different oil and gas companies similar to the TMF thread here The thread is intended for general market gossip and chat on a variety of subjects which are perhaps not suitable for the company specific blogs that already exist. For example comparing two oil companies which have similar assets. The thread/blog welcomes light hearted…

Following the recent rights issue I belive there are now 2.1Bn shares in issue and the share price is now 25p. Thought I'd do a bit of finger in the air arithmetic to see if the shares at this price are worth buying. Turnover has never really been a problem for DSGi and stands at a whopping £8.1bn but obviously they need to make a…

So we now have the incredible situation of 27bn shares in lloyds in issue! Lloyds have sacrificed shareholder value to aquire HBOS because it gives them huge market share only to find that EU competition regulation mean they might not be able to exploit this monopoly.Blank has gone (or is going) which I suppose is a good thing but no doubt he'll get a big…

Loglorry's Latest Comments

Thanks Jaknife as ever invaluable information on how this works in practice. Obviously I'm just trying to understand why, if the cash balance is real, they'd not use it to clear expensive debt. The whole idea of issuing a further HY bond is even more weird. To be honest the whole company reeks quite a bit! Log

Thanks JakNife - now why didn't I find that? :-) "Amounts drawn down under the two term loan facilities are repayable in quarterly instalments commencing on April 2015 (for term loan A) and on April 2016 (for term loan B) and fully repayable until October 2016." Does this mean that the term loans can't be repaid early e.g. they pay off as per the repayment…

Has anyone found any info on the nature of GBO's long term debt? If it was a bond issued with a longer term then that might justify the high cash balances set against it. If it was short term or an overdraft facility then it makes no sense at all to have all that cash. I can't find any evidence of the type of debt…

My approach is quite different for most investments I hold. I tend to buy something that is deep value/distressed. It will either go bust or increase significantly. In many cases it was really very cheap for a reason and you find out later you overpaid. I tend not to go more than about 5% initially. If it turns out to be the bag of s***…

Ramridge - liquidity. There might not be enough depth in the market to buy what they need.

loglorry's Top Awards 5

loglorry Followers

loglorry has 58 followers including:


and 50 more.
Let’s get you setup so you get the most out of our service
Done, Let's add some stocks
Brilliant - You've created a folio! Now let's add some stocks to it.

  • Apple (AAPL)

  • Shell (RDSA)

  • Twitter (TWTR)

  • Volkswagon AG (VOK)

  • McDonalds (MCD)

  • Vodafone (VOD)

  • Barratt Homes (BDEV)

  • Microsoft (MSFT)

  • Tesco (TSCO)
Save and show me my analysis