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http://www.moneyam.com/action/news/showArticle?id=4381032
http://www.moneyam.com/action/news/showArticle?id=4381151
http://www.investegate.co.uk/victoria-oil---38--gas--vog-/rns/final-results/201310250700053729R/

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VOG is presently drilling Well 104 in its West Medvezhye field,and expected to reach depth in 4 weeks from spud date of 30th June, that makes 27th July(this week).
Results of testing will be sometime mid/late August, with a positive outcome
it could be HUGH.
With estimates of 134BILLION cubic metres of GAS and 201 Million barrels of Gas
Condensate,it will be a Company Maker. The field is in the area of the largest gas field in the WORLD.
Other assets include Kemerkol in Kazakhstan, with C1 reserves of 8.7MBO
and C2 reserves of7.8MBO. Another acquistion is Tamdykol with potental
reserves of 34MBO, it also has interest in 2 blocks in the North Sea.
You can check it out on www.uk-wire.com, and its own site of www.victoriaoilandgas.com.
It has excellent management team led by Kevin Foo, who hopes to turn it into
a Mid Cap Company(�500m+) in the not to distant future.
As i stated earlier in the post, Drilling is almost complete so it won't be long to Lift Off?
Well, Well worth checking out.
cyril

http://www.investegate.co.uk/Article.aspx?id=201111040700164867R

http://www.investegate.co.uk/Article.aspx?id=201111290700139263S
http://www.investegate.co.uk/Article.aspx?id=201112200700132888U
http://www.investegate.co.uk/Article.aspx?id=201207090700051587H
http://www.investegate.co.uk/victoria-oil---38--gas--vog-/rns/rsm-default/201401130700074445X/
http://www.investegate.co.uk/victoria-oil---38--gas--vog-/rns/interim-results/201402280701321590B/
http://www.investegate.co.uk/CompData.aspx?code=VOG&tab=announcements

Voting to increase the co's share capital. Full details in a letter to shareholders on the Company's website at www.victoriaoilandgas.com or click

HERE

Drop in price this week looks to be a buying opportunity ahead of 104 news.

Someone said VOG could be another Cairn,lets hope so,look at it's share price-2169p to sell.

NOT AT THIS RATE!

lol, I feel you ellio

Patience, amigos - although I'd be the first to agree that waiting and watching the share price go down is no fun. I sold a load of SBE last year between 200 and 250 just because I felt nervous - now look at 'em!!

WHY when I buy shares they instantly go down, woe is me, boohoo :~(

Sounds like you should try shorting instead :o)

Actually, I'm a bit bothered at how using these BB's is turning me into a short-term thinker. It's like "Ohmygosh, SBE just went up another 0.25p while I was writing my previous post!! If I'd only sold one of my kidneys and invested the money I'd have been a whole 47p richer by now. Let me contact my spread-betting broker!!"

The best thing I can do for my portfolio right now is go out for a cafe latte and come back in about six months.

Well said soul, I buy shares, wait until a profit then sell.
Some I hold long term, but like I said in last post, I buy and they go doowwnn!!!

This company is a potential flyer - hang in there myownmoney, I hope you will be rewarded soon

The trading pattern from mid-November to early December is being repeated now.

At that time, uncertainty was planted in the market and minds of weak holders regarding the somewhat trivial, but really useful, fundraising. A certain financial journalist was subsequently totally discredited.

Now we have a similar situation, of which the bears are taking unscrupulous advantage. Novices or those with uncertain knowledge may not know what it's all about. An EGM! Horror, this must be dreadful! Is there another fundraising? No fundraising!! It is DEFINITELY NOT HORROR!! This is good corporate governance, a growth step for VOG and for the value of your shares.

This is another big step in the carefully laid plans of a very well run company and a practice carried out all the time by PLCs - the permission to issue shares in exchange for assets if and when the need arises. If Foo and colleagues want to make an offer for a company how on earth can they waste time and lose out for us by calling a meeting? Do it (have the permission in place) now and be ready. There is or will be no dilution because we issue shares in exchange for another company. Compare it with you buying VOG shares shares for cash. Are you worth more or less immediately after the purchase? - and there's no need to be picky about commission and the buy-sell spread. You are worth the same immediately, with the prospect of good growth. QED.

An encouraging days trading for the shares, I have a lot riding on VOG and days like this help no end! :)

The next news from the company may be so good we might even double imo. It needs to be positive though.....which seems very likely to me.

Up 9.75p to 248/251 - lovely!!!

why is it going up today ? any news / views ?

News on the way??

and it's still going up as we speak ! 260p now and rising !

I have to admit I am also mystified by the market in general to-day . To explain, whilst having a modest holding in VOG I also have a modest holding in PXC. Today VOG rise 5%+ against a volume of 100,000 shares or so yet PXC remain rock steady against a background of 100,000,000 shares traded (mostly sells! ) - Are there some grey hairs out that that could enlighten me please !

Advice please.
Is it best to take a small profit, wait and then buy back in?

Or should one hold????

myownmoney

I'm not an analyst, nor am I a day-trader or chart specialist but here are my thoughts as a medium-term buy-and-holder for what they are worth. They are not intended to tell you what to do, as your investments are your responsibility. All comments are my own opinion and may not be suited to your brand of investing.

Personally I've found you can't outwit all the peaks and troughs of a share price and you just go crazy trying. I've been in and out of Sibir Energy and other stocks once or twice over about four years, but in the long term would have been better holding, partly because the profits I made I reinvested in some pretty lousy bets, but also because inevitably the share price ran ahead while my cash was tied up elsewhere and/or I wasn't concentrating.

As I mentioned in my post #478, I sold a chunk of what was then a big overweight SBE holding last year because I felt jittery and consequently missed out on it doubling. The logic of hanging on to VOG at present is that potentially they have a lot of good news to be announced in the coming weeks/months, which definitely ought to drive the SP a good bit higher. The danger of selling out in between whiles is that you then miss the jumps when they happen and are constantly running around trying to play catch-up.

I know that many investors are probably feeling nervous right now as the share price seems to be up 5% one day and down 6-7% the next few days. The way I combat these nerves is by asking myself where the SP is likely to be in 18 months to 2 years' time, based on reasonable estimates of what the company's turnover and assets might be. "Hopefully quite a lot higher - like a three- or four-bagger." Okay, then for me there's no point worrying about five or ten percent up or down in a month.

You might like to look at recent events on Northern Petroleum (NOP) as an example. One or two who sold recently are kicking themselves, as the discussion on the thread reveals. The kind of announcement that was made today by NOP is what's been driving the run on VOG - and in VOG's case in particular many of the price spikes have only lasted a day or two. Consequently it has been easy to miss the action if you weren't in the stock ahead of the announcements, or to buy too high after good news is released and then have to spend a long time on a loss because the uptick only has momentum for a couple of days before dropping back into a trough.

The one question you might want to ask yourself is how much profit you have made already and how it suits you as an investor. If you've held your VOG since the days of 30p and are now on an 8-bagger which is making up a vast chunk of your portfolio then you might be well-advised in taking some profit and spreading the risk a bit at a time. On the other hand if you've only made 15 or 20% then you'd probably be more inclined to hold.

Personally I feel the current price of VOG is fairly cheap compared with the company's potential. Obviously the industry is not without its risks - indeed the current well programme could produce nothing and we could all go home disappointed - but I am expecting good news over the coming months, as I think a lot of other investors are.

Like I say, I'm not an industry professional, but unless you're particularly gifted with sussing out when a stock is overbought or oversold on a day-to-day basis, you may prefer to hang on.

If you'd like to test your own ability, why not set up a virtual portfolio and see how good you are at buying and selling at the right moments - it may be quite an education.

As always, IMO, DYOR, etc., and by all means listen to the views of others out there who may be better informed than I am.

PS It sounds as if you may be a relative newcomer to investing. After six years of learning, mostly by my own mistakes, I would give you the encouragement that one does, over time, develop a feel for these things, particularly when it comes to spotting companies that have good potential. Meanwhile the best thing to do is to learn as much as you can and keep a cool head while you do so.

The two biggest mistakes I have made in investing have been to hold on to the bad stocks for too long and to sell the good shares too soon. Never again! As ever, I quote Peter Lynch: "Selling the stocks that are moving ahead and keeping the ones that are going nowhere is like a gardener pulling up the flowers and watering the weeds."

Good Luck!!