NZ Oil & Gas (NZO)

[Queenstfarmer]

Yawn? Exactly Mr Tommy. Talk about a broken record too. Dont go away Balance..you are the source of my daily entertainment.

[Balance]

Happy to oblige as Noggers and Pikers need constant reminder of the hundreds of millions squandered, and the 29 lives lost.

Only the truth will set NZOG free.

Says one Nogger to one Piker - "They just don't get it - we mushrooms like and need to be kept in the dark".

[neopoleII]

5cents is awesome.....
and NZO will love the income to fund their share buyback!
i wonder if the board knew of the 5cent distribution when they announced the buyback?
NZO, if it was interested in looking after its shareholders would give a special divi to its own shareholders from the PPP distribution.

[bung5]

Seems like the capital pay out is just clearing the cash holding ready so they can approve NZO's takeover offer for 100 mil huh

[neopoleII]

ppp is sitting on a huge cash pile........... so is nzo.
ppp has just said that with all their searching they havent found anything worthwhile to invest in.
so i assume that nzo hasnt found anything to invest in either...... since they are in the same game.

ppp looks after in shareholders.

what is nzo doing with its income?
not buying into anything that is understood by shareholders
not giving it back to shareholders.
below bankrate divis
no major investments in proven production...... ie cue, ppp, awe, etc.
what!........ with ppp sp under cash reserve....... nzo could of bought that cash at a discount!
but share buybacks........ (burning share certificates)
1 cent prepaids for staff, management.

and kupe is a glowing success.

pike insurance came through......... but everyone got paid first....... especially the banks!
pike soon to be sold......... nzo must know the figures?
yet the shareholder is still in the dark.

i was never involved in hanover..... but starting to understand what they went through.

maybe i shouldnt say that ...... but it is my opinion and should be treated as such.

disc. i have most of my investments in NZO for 6 odd years..... and am still negative in return.

[blockhead]

disc. i have most of my investments in NZO for 6 odd years..... and am still negative in return.

Don't feel alone there Neo !

[Balance]

Don't feel alone there Neo !

Should have taken note of Notie's warnings.

[neopoleII]

""Should have taken note of Notie's warnings.""

im just a mum and dad investor.........
but am definitely more aware and critical now.

too bad directors of nz listed companies still regard shareholders/ investors as easy cash cows.

wonder how many kiwi folks will invest in the new soe public shares.......
i for one wont........
well not until company directors respect those they get their cash from.
and a government that enforces rules.

honestly......... no matter how many shares nzo buys back.......... i cant see $1.50 sp ever again.
even the jewel kupe cant do that.

im better off buying a dairy with lotto outlet under full management. the return is far better.

wet bus ticket politics has alot to answer for in nz business........ and the worst is still to come.

by then the olde boys club will be long gone smiling.

[Lion]

i cant see $1.50 sp ever again.
even the jewel kupe cant do that.

Kakapo might.

[janner]

disc. i have most of my investments in NZO for 6 odd years..... and am still negative in return. Reply Reply With Quote .

Eggs in one basket !!.. Never a really good way to go !!..