SIA; another newspaper error

Friday, Oct 03 2014 by

I published a reply in the FT.com online forum this morning;

Nice report, FT, but it would be much better if it was not 18 months late. We are in October 2014, not March 2013.

I have invested in Soco International for the last 14 years, know the company very well and have a fifteen fold capital appreciation on my original investment. Plus a 40p per share dividend in 2013 and a further 22p in 2014.

It looks like the FT has published an 18 month old file, in error.

Could we please have the 2014 update?

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SOCO International plc (SOCO) is a united Kingdom-based oil and gas exploration and production company. Its segments include South East Asia and Africa. It has field development, production and exploration interests in Vietnam, and exploration and appraisal interests in the Republic of Congo and Angola. In Vietnam, It’s Block 16-1 and Block 9-2 include the Te Giac Trang and Ca Ngu Vang Fields, which are located in shallow water in the Cuu Long Basin, near the Bach Ho Field. It holds working interest in Block 16-1 and Block 9-2 through its subsidiaries, SOCO Vietnam Ltd and OPECO Vietnam Limited. SOCO holds its interests in the Marine XI Block, located offshore Congo (Brazzaville) in the shallow water Lower Congo Basin, through its subsidiary, SOCO EPC. It holds working interest in the Mer Profonde Sud Block, offshore Congo (Brazzaville) through its subsidiary, SOCO Congo BEX Limited. SOCO's subsidiary, SOCO Cabinda Limited, holds participation interests in the Cabinda North Block. more »

LSE Price
64.9p
Change
-0.8%
Mkt Cap (£m)
258
P/E (fwd)
18.1
Yield (fwd)
7.2



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1 Post on this Thread show/hide all

nigelpm 3rd Oct '14 1 of 1
8

Might be useful if readers had a clue as to what you were referring to

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