Vermilion Energy Inc T.VET

There is no substitute for bankruptcy

[prested]

Whether it be in business, marriage, or politics sometimes it has to be recognised that bankruptcy is the unavoidable answer. Europe no longer wants fuel from Russia, but wants to do so without pain. Like defaulting on a car payments but still wanting to drive it. Forget the moral justification for defaulting, there are consequences for doing so. And when you lose your car it is not reasonable to suggest that your neighbour should supply your transportion needs. Take the bus! In this case, use less fuel or get an alternative supplier, and you can't do that by holding a gun to the head of the potential supplier.

[stockmarket1]

Most likely won't happen but.....I'm thinking perhaps VET should consider getting out of Europe all together if the end result giving away your profits, period. Seriously.....who cares how high NAT GAS rockets up and much VET will rack in because at the of the day, VET will just be handing it all ovr due to this windfall tax.  What's the point in operating there when you're

[McRambus]

Get out of Europe all together? lolll....Watch your stock go to $2.00 or even less. Over 65% of FCF is from international operations and 40% of production is international. Any other bright ideas? Should have sold this vile garbage as soon as the garbage management refused to pay a decent dividend. 

[stockmarket1]

If you feel that way then why don't you sell now and leave? And again, yes FCF will be huge but again...how much of that will be going to the windfall tax lol? Not 100%, that's for sure! 

[McRambus]

Ahh....the old 'why don't you sell and leave' post. This is a stockhouse classic whenever anyone questions their stock. The reason I don't leave is the hope I can recover some of my 30% loss on this vile turd. I was lead to believe they would be returning money to shareholders. What I actually got is 16 cents in dividends with zero chance of getting anything more. 

[Citizen13]

Not sure how the thievery of communist governments is the fault of VET management. What shocked me is that traders knew there would be some raiding of our cupboards and yet they were seemingly just side swiped by the news being reported by VET. Of course theyd have to stop buybacks and I'm surprised they didnt drop the dividend as they have to pay a bill soon , apparently. If we are going to

[McRambus]

Your idea is wishful thinking.. This is where you under estimate the power of politicians. You think going on 'strike' gives VET or the industry any power? Don't think for a minute they'll let people freeze, starve or life come to a standstill. They will just nationalize the industry and confiscate all properties. You can't win.

[Paray99]

You guys have gone too far...... Why are you worrying on this one? It will go past $26 in 2 days or right after the US Thanksgiving slow down. Historically, the oil prices surge after hitting a low around the Thanksgiving and that surge continues well into the January middle. This is happening for last 10 years!

[Paray99]

I told you, it has to go past $26 CAD today or tomorrow. Oil is so crucial now, irrespective of all the BS we see in the news media. 

[Citizen13]

I'm not sure what world you live in but where I'm from every time the public sector goes on strike the government caves each and every time . Not a questtion of if, but when.  And teachers are 1% as essential as energy is . Your asssesment that they'd nationalize is laughable . Maybe you live in Russia ?  Then yes . Anyways, aint gonna happen . There are other examples of

[stockmarket1]

Why didn't you average down over the past 2 years. I'm sure most of us here did. I did. I Averaged down aggressively when it was trading well below $15 a share. I profit took here and there on big run ups --- bought other securites with the profits ---  while still maintaining a core position in Vet. Fast forward to now. I'm well into the green in my account. But I'll be

[Oldnagger]

Vermilion is but one smaller company in an industry dominated by large Multinationals. I believe those Multinationals will have a very vested interest in insuring that the European windfall taxes do not become a model for other countries around the world to copy. Otherwise it wil be a disaster for both the industry and all persons involved. For this reason , I am sure that even now politicians are

[stockmarket1]

And lets not forget the multinational mega large pension funds that hold Oil and Gas stocks in their portfolios. 

[McRambus]

Yeah yeah.. sure you did. I'm sure all your trades worked out. Let us see all your successful transactions. I don't average down on turds. This is a dangerous strategy. I have whatever I have and any decent bounce this garbage will be sold and I'll avoid the sector. 

[stockmarket1]

Why would I lie lol. I don't have to show you anything and like I'm gonna reveal my personal stuff on a open forum. Ya, ok lol. I'm a long term holder here and to go all in and not average down is a fools gm. It's like throwing all ur money in one slot machine. Your an idiot if u do that lol.  Rule of thumb in equity investing. Buy, then buy on dips, profit take when you have

[McRambus]

Why would you lie? To make yourself look like a genius. To feed your ego. To make me and others look stupid...tons of reasons. Just re-read you post, calling me a 'rookie' and a gambler when my join date here is 12 years old. Over 90% of forums are lies and misinformation. This turd has spent months mostly going down, here you are boasting of profits. You are are full of it. EIther

[stockmarket1]

LMAO!!!!! I don't take heart to some --ghost --online. You are entertaining  though

[McRambus]

This post has been removed in accordance with Community Policy

[Oldnagger]

Whatever the share price of VET has done in the past is irrelevant to what it will do in the future.What we need more of are posts that are relevant to what that future may be. That is the value of this board. Please everyone let us not forget that !!

[stockmarket1]

I agree O.N. I'm enjoying Mcribus posts -- having fun -- but I will be placing this person on ignore --- maybe sooner tha later --- then won't ever see posts by Mcribus again. Very soon --- Depends how bored I get. 

[stockmarket1]

 I fixed the comment for you. More appropriate. Thank you. Keep the entertainment going. I'm loving this lol

[Aurum1983]

McRibus, VET is still hugely profitable in Europe despite of the windfall tax. VET is the best way to get exposure to EU o/g. Your repeated use of garbage and turd is childish and gaslighting. I believe we are ready for the next leg up as winter hits and China continues to reopen.

[stockmarket1]

McRibus lol. That's a good one. 

[stockmarket1]

And FYI...there are plenty if O&G companies without European operations who do quite well. Europe isn't the only country that holds Nas Gas etc lol. But other countries in the world aren't so grizzly towards the energy sector as a whole.  And you might want to re-read my original post beginning with.... " likely WON'T HAPPEN " Again --- it won't happen!  It