JKX are a growth oil and gas company, principally based in the Ukraine, but also present in several other countries, and have recently presented some excellent results.




JKX corporate website : http://www.jkx.co.uk/index.cfm

Poltava Petroleum : http://www.ppc.net.ua/inf_en.html

Annual report 2005 : Click HERE

chart as below is far from pretty, though with rsi bouncing off a quite heavily o'sold position there may well be a bit to go for ..... however, resistance likely when 200 dma hit, and further up, 25+50 dma pretty much coincide which could prove even more problematic

This followed the market down and then fell fowl of a shorting attack as well as panic selling when the 320 mark was breached. End of the week 365 and the last 5 days will be forgotten.

The political nature of the share makes it volatile end of but how political is JKX after it has already defended itself against a land grab and alledgely has ties with some big hitting Russians. :-)) Hold tight and be rewarded is my view.

Regards
Cynic I enjoy your posts as i do everyone elses, don`t be drawn into personnel issues

RAMP TIME
what you think of 2008 for SEY as a question post on that thread please ( I hold a lot )

you're right Dr S ...... but on very rare occasions i allow myself to rise to the bait

fell fowl, so everyone turned chicken and sold?????

many if not most oilies had a good day ..... i follow TLW and PMO which both had excellent days, while IEC was comparatively lacklustre

Well thanks for some "interesting" posts following my query yesterday to reignite this thread. Good to see a 13% bounce today :-)

very much shooting rats in a barrel today with the quality oilies .... i don't hold JKX though i think it is one of under-rated oilies, though hampered by its fsu (russian!) stigma

Doing very well this at the moment, can it break the psychological 4 pound barrier
and stay there.

good observation ..... a number of quality oilies (as opposed to mini-minnow E&Ps) are looking very interesting at the moment .... for myself, i have plumped for IEC and PMO ...... would again highly recommend PFC as an oily support company

This is new territory for JKX, let's hope it now remains above Four Pounds, Gas price increases will definitely help.

another oily that is performing well and does no harm to follow, along with IEC, PMO and TLW and no doubt a few more ..... but you can't sensibly have them all in your portfolio

What a turnaround! Sadly missed the boat. Will have to wait for a dip.
LAM also worth a look as oil support Co. Exempt stamp duty.

I wish when FD directors sell that : they would say that had to pop out and buy a house or a few groceries or something along this line, I still think that this is just a temporary blip and as long as oil and gas remain this high this stock and a few others will carry on gently rising.

Good burst above 400, what will happen on monday ?, We shall see, Good weekend everbody.

On the move up again, JKX and DGO having a great start to 2008.

Yes good move up today, though I've missed out on the IEC rise.

Bucking the trend this one, at some stage could be a takeover target along witth DGO.

Blast it !, missed todays down and up !

Well here we are again : knocking on the 4 door ! couiiiiiiey, it's ussss, let us in, we won't be stopping we shall carry on to 5 (here's hoping)...!

We're innnn ! , ohhh it's nice in heeerrre !

Up again today !, for this stock the 4 barrier could be like a train going through a station on its way to 5, (could be the effect of more expensive Russian gas pushing up Ukranian prices).

Decided to buy today for the first time already hold DGO MRS VPC.