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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

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!!

Many, many thanks for the advice.
I am only a pensioner, dabbling in small blocks of shares.

I have made a good profit on NOP and I have some SER and VOG.

I have watched the shares go up and down and just thought, "what is the best, hold or profit."

I am taking notice of your " no point worrying about five or ten percent up or down in a month."

Thanks once again.

A pleasure, myown money. I hope it helps; please remember I'm only human though!

I'm glad you caught NOP, too - that's another stock which in my opinion has many good times still ahead of it.

You can't keep a good share down!!

Myownmoney, hold for the long term, these are gems, add a few cde from ofex is my advice if you are feeling a little more daring or add some sve, just take a look at its portfolio jam packed with little gems.

Its difficult knowing when to sell, there really is no answer, you sell when you have identified a better prospect or you simply need the money! Altternatively cash in your profit and invest it high yield lower risk, lloyds/legal and general etc are all looking like good long term plays as the ftse moves back to mid 6000 and beyond

We are not financial advisers just private investors just like you, yes with our own money so have just as much to lose if we get it wrong, what we post here is a leg-up/ a heads up, please please dyor and only invest what you can lose, spread the risk and top slice your holdings if you feel you are getting a little overweight in a particular share, say if you've made 2k, bank the profit and invest elsewhere, note I don't always practice what I preach, unfortunately??

Good luck

I have been trading since October jumping in and out of stocks and making big gains like 1000 profit in one week but then loosing by buying poor stocks. Also been using Stop Losses and watching a Stop Loss trigger on VOG just before a massive rise. This is gutting because while at work of have got exciting over a massive rise only to find I had sold on a Stop Loss triggered by a single trade before a massive jump - getting home to find the bad news.

So I'm also trying to not use Stop Losses and playing the long game and waiting for news on, TAG, CHP, PVR, DVS (Monday), SEO. I am surprised about HNR because this mining company is always producing good news and yet the SP always falls back to previous levels. Others like EME seem to rocket on nothing more than speculation.

Why imho one should hold onto VOG, certainly in the short term.
They have just become a producer via Kemerkol with 2 other shut in wells in the advanced stage of bring to production
Well 104 flow rates to be released in the very near future.
Well 106 at present being drilled (may have been completed by now?) close by to give a better understanding of the structure.
Well 103 also being drilled(to a much deeper depth) in a different area to help
prove up the 5.5TCF/gas.
In early April a extrodinary meeting to take place for fund raising(via shares),
possible acquistion?
And of course we've been promised news by end of Q1 (next week).
O/T
Technotamed;
Your referance to EME, the speculation you refer to is
concerning the completion of a proven oil field Eagle North 1 which is being
horizontally drilled and probably entered at this moment in time. It also has a
fantastic prospect in Germany Glantel 1 which has been drilled and cased,
results analyised and awating a the arrival of a completion rig.
Some trouble with with Eagle so slow progress being made (hence the SP
fluxuating).
Well worth checking out as it could be worth a whole lot more the VOG in time.
cyril

I did hold eme from 97p then topped up later, Stop Loss triggered and sold the lot (at a profit). SP has been all over the place and has put me off some what, but I have all my cash tied up at present. Been hoping for good news on TAG so I can top slice and leave the rest running. Unlike many I got in on TAG at 58p & 60p so really packing it at the moment if the news is not good, but feel it should be. If the Seismic results were not good the company performing the work would not have taken shares as payment.

Tech;
I feel its worth waiting for the Eagle (EME)result before deciding what's best?
A good result and one will have to pay a premium, if negative a chance to top up
at a lower price. My firm belief is once the workover rig arrives it will rocket.
Looking forward to next week for VOG's expected results, although nothings certain it all points to postive news.
cyril

I have been jumping on and off VOG since it's rocket upwards from 40p, jumped on after it's retrace from 130p. Stop Loss triggered and sold before a rise, jumped on and off, now on again waiting for news.

Trading only from October so still learning the trade and which traders on these BBs to trust. Several at my works trading, we have a running SP on our various stocks at the bottom of the dry white board.