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Mauriello
Jun 4, 2020 8:23 AM

UK Oil & Gas Investments PLC (UKOG.L) LSE - LSE Delayed price. C 

UK OIL & GAS PLC ORD GBP0.000001LSE

Description

It seems a good stock where to invest for a long term investment..Just hold for now as there are not signal of trend reversal and the market is still bearish.
Comments
huwfulcher
This is not a good one to invest in long term, they have large debts and losses
arifkhansia
@huwfulcher, short term of 3 months seems fine? what you think.
Mauriello
@huwfulcher, Thanks for that and it is a good point...Let's see what will happen in the next months.
huwfulcher
@Mauriello, No worries, they are so cheap it doesn't hurt to have a small amount invested in them (I have roughly £30 placed) but I wouldn't expect miraculous recovery.
Mauriello
@huwfulcher, I agree with you...Personally I think that a lot of companies have got debts, and some of them are able to survive and overcome this time...See hertz, it is in Bankruptcy and people keep investing in to it..crazy...So 100 pound Invested in this company it is not too bad..
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