A year in the life of the Lenigas Group.

I’ve put together a few facts and figures to show an objective view of how the key Lenigas companies have coped over the last 12 months.

I’ve included LGO and Stellar in this this. The reason being that they are both heavily invested in by private investors and both still have a strong connection (12 months ago they had an even stronger connection)

So I’ve made the assumption that an investor put £10,000 into these companies equally 12 months ago. The table below shows which are good investments and which are not.

All in All they would have made a loss of £730.

 

Company	12 months Ago	Current	Profit/Loss
UKOG	1.15	2.2	1141.304
AFRI	0.46	0.38	-217.391
REM	1.4	0.95	-401.786
LGO	3.6	3.13	-163.194
STELLAR	0.95	0.45	-657.895
SOLO	0.31	0.43	483.871
INSP	1.35	0.49	-796.296
EVO	0.21	0.19	-119.048

 

To be fair to David a loss of £730 is very small when considering a £10000 investment in AIM.

However that loss would be far worse without the Horsehill play….Now we can argue that the Horsehill play was/is a fantastic piece of skill or that it was/is a fantastic piece of ramping on what has so far delivered or proved zero.

This also doesn’t show spikes and troughs, investors could have brought cheaply and sold on a spike, or even brought on a spike and sold in a trough.

Personally I think it will be interesting to see where the above are in a further 6 or 12 months. My thoughts are that REM and LGO would be higher, UKOG and SOLO lower and the rest pretty stable.