10th Mar '17


Real Name: Mike Van Moppes

Occupation: Company Director, Consultant, Entrepreneur, Other

Interests: Derivatives, Oil, Private Equity, Property, Stocks

Location: Hastings, East Sussex.

About Me:

Stockmarket investor since 1964.

Buy and long term hold. Spreadbets. Sells covered options. I know the difference between a changed valuation and a profit / loss. I also know the difference between investing and gambling.

 2008/9 was my best year for profits, ever.

MadDutch's Latest Blogs

I am considering attending the AGM. Anyone else going? Mike

Positive; (my opinion) Their cost of producing oil; low $20s /barrel Market was slightly positive this morning; up 1% after the 5.7% fall yesterday "conservative estimates of initial flow rates" from the TGT/H5 well. Oh yeah, Pull the other leg!that's the one that flowed at 27,000 bbl / day! Plus a lot more wells drilled since.  Soco hopes to perforate levels in existing wells which…

I published a reply in the 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…

I have sent this to Roger Lawson at Sharesoc this morning; I challenge the legality of the enormous increase in H-L's charges followed by even more charges for taking my business elsewhere. If enough people are willing to join me, I will; - make a formal complaint to the FCA on the grounds of bad conduct. - Make a refusal to accept the charges, in…

My wife and I attended the last Oilbarrel and enjoyed it. Sorry nobody turned up, the Italian meal was super. The best presentation was from consultants Rockflow, I will post it later when I have permission to do so. The most interesting was San Leon which is currently fracking in Poland and producing some gas; If anyone is interested, my contribution, 3 questions, is…

MadDutch's Latest Comments

Well, here is a bit of guesswork to cheer us up a bit. Looks like the oil price is higher than it was so maybe they will have a divi increase. MD

Great; see you all there! MD

10th June, not sure of the time or the venue Mike

Thanks to both of you for your very helpful additions to our knowledge here. Does anyone know when our Vietnam licenses expire? MD

Minor correction; - See more at: "Pull the other leg!that's the one that flowed at 27,000 bbl / day!" I am discussing the flow of the well, NOT the flow of my leg!! :-) In case anyone is wondering .... MD

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