Could the UKOG share price now be the bargain of the decade?

first_img(3)Horse HillPEDL137 & PEDL24685.635%£39.6m£46.3m I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Image source: Getty Images. (2)Markwell’s WoodPEDL126100%£0£0 (4)Broadford BridgePEDL234100%£3.5m£3.5m “This Stock Could Be Like Buying Amazon in 1997” (5)A24 (formerly Holmwood)PEDL14367.5%£1m£1.5m Enter Your Email Address AssetLicenceUKOG interestValue of UKOG interestTotal value of asset I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. (6)Isle of WightPEDL33195%£1.1m£1.2m (1), (2), (4), (6) No change to interests and valuations since my previous article.(3) UKOG has increased its interest in Horse Hill to 85.635% from 46.735% after deals with three parties. Average prices paid put the total value of the asset at £46.3m (previously £46.2m). The value of UKOG’s interest has increased to £39.6m (previously £21.6m).(5) UKOG has increased its interest in A24 (formerly Holmwood) to 67.5% from 40% after deals with two parties. The prices paid put the total value of the asset at £1.5m (previously £7.5m). The value of UKOG’s interest is £1m (previously £3m).Totting up, I previously had a value of £30.5m on UKOG’s licence interests. With 5.57bn shares in issue, this equated to 0.55p a share. Today, its licence interests are £46.5m. The number of shares in issue stands at 7.42bn, and this equates to 0.63p a share. So, the valuation is very close to UKOG’s current 0.65p share price.Bargain of the decade?Aside from increasing its interests in the Horse Hill and A24 licences, UKOG has made operational progress. Notably, it’s continued extended testing of its Horse Hill-1 well at both the Portland and Kimmeridge levels. It’s also drilled a horizontal well — Horse Hill-2/2z  — designed to be a future production well from the Portland pool.However, we’ve still had no updated Competent Persons Report (CPR) for the Portland or a first CPR for the Kimmeridge. As such, UKOG’s proved reserves (negligible) are little changed from 14 months ago.With no reserve-based valuation available to me, and no reserve-based lending available to the company, the risk to shareholders of further dilution — and to my 0.63p a share valuation — is significant. Indeed, I view it as ominous that the company has recently sought (and gained) authority to issue up to 3bn new shares.Due to the absence of CPRs and presence of high dilution risk, I’d want to see the share price at a significant discount to 0.63p. As such, I continue to view UKOG as a stock to avoid at the present time.center_img (1)Horndean/AvingtonPL211/PEDL07010%/5%£1.3m£17.3m Could the UKOG share price now be the bargain of the decade? Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Our 6 ‘Best Buys Now’ Shares G A Chester | Monday, 24th February, 2020 | More on: UKOG The share price of AIM-listed ‘Gatwick Gusher’ stock UK Oil & Gas (LSE: UKOG) ended last week at 0.65p. This is over 50% lower than the 1.325p it was trading at when I wrote an article on its valuation 14 months ago.Could it now be the bargain of the decade?5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…ValuationIn the article, I noted UKOG had very little in the way of proved reserves. As such, I felt it was better valued by the prices at which its various licences had changed hands between knowledgeable trade parties.I wrote: “UKOG has been a willing buyer, and numerous trade parties have been willing sellers, of assets totalling £30.5m, which equates to 0.55p a share.” Things have changed over 14 months, so let me begin by updating the table of valuations from the previous article. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Simply click below to discover how you can take advantage of this. G A Chester has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. See all posts by G A Chesterlast_img read more

Donegal is officially Ireland’s luckiest Winning Streak county!

first_imgDonegal people have all the luck – when it comes to Winning Streak appearances, that is. The gameshow producers today revealed that people from Donegal were the luckiest lot in the last season.Fifteen players from the county scooped a tidy €630,000 in the last series of the RTE One show, with an average prize per player of €42,000.  Donegal people were on a real winning streak this year, as a local contestant was drawn almost every week from January 2019 onwards. One episode even featured three Donegal players at once!Cork is Ireland’s second luckiest Winning Streak county, as it had 15 players also in the last season who won an average of €36,133 each and a total of €542,000 in prize money.Winning Streak, Ireland’s longest-running television game show, returns to RTÉ One television this Saturday (28th September) for the landmark 30th season.As ever, the show co-presenters Marty Whelan and Sinead Kennedy will have prizes and cash galore for five lucky players every week, with one getting the chance to spin the iconic Winning Streak Grand Prize Wheel.  Donegal is officially Ireland’s luckiest Winning Streak county! was last modified: September 25th, 2019 by Rachel McLaughlinShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:national lotteryWinning Streaklast_img read more

Why did corn prices spike, then drop?

first_imgShare Facebook Twitter Google + LinkedIn Pinterest Corn prices dropped $1 per bushel in the last three weeks, which was unexpected by many.  Several sayings are now popular: “there is a lot of summer to go, prices will bounce back” and “there will be more demand with cheaper prices, so prices have to go up.”There isn’t any bullish news for corn right now. There are still too many bushels in the market. Last year corn traded on a regular basis at $3.70 futures with 1.8 billion carryout, so it’s difficult to expect higher prices with potentially 2.2 billion carryout. Farmers are hoping increased demand will push up prices, but it may take futures dropping to $3 to find those buyers. However, this won’t necessarily bring $4 corn.  Even if yields were 5/bu/acre less than trend-line, the carryout would be the same as last year.  I think it’s unlikely corn will spend any significant time above $3.75 for a while and I’m concerned prices may stay below $3.50 if weather conditions remain good.The window where weather forecasts can still really impact the market is narrowing (about one week at this point).  Overall weather is favorable for early planted corn and it is tasseling right now. The USDA continues to show corn crop conditions at 75% good/excellent. One report did show an increase in topsoil moisture depletion from last year (18%) to this year (30%). This may sound alarming, but one must remember that Indiana and Ohio were excessively wet last year which caused some yield reductions.  Everyone is watching to see if dry weather did or will impact ear development.Weather is very important for bean development right now.  Current forecasts are mixed. On Thursday things looked favorable and then on Friday a heat ridge looked possible. Monday could bring more change and anything is possible right now.  Beans could range $9-$14 this season.  Recent market action suggests higher prices may be more difficult than everyone thought two weeks ago.Last Friday just before trading closed, I was concerned the recent bean rally may be over if it rained, so I purchased $10 Nov puts for 10 cents on 40% of my anticipated 2017 production. These expire in late October. This position provides unlimited upside potential (less 10 cents) and peace of mind that I won’t take less than $10 for some of my 2017 beans (again for 10 cents).While I hope I lose all the money I paid for these puts (because that means values stayed high), I wanted to put protections in place to reduce my farm operation’s risk.This combined with my $9 puts I purchased two months earlier, means I have the potential for a $9.50 floor price on my beans should the crop this year be trend line or better.  If not, I’m only out about 10 cents. Incidentally, most of my 2016 crop is sold for $9.50, so If I liked it for this year, I should like it for next year.Lack of Market ActionResearching back, I haven’t pulled a sell order on my corn in over 7 years. However, four weeks ago when corn rallied to $4.46, I pulled an offer I had in place to sell 5% of my production at $4.48. I listened to the fear that growing conditions were deteriorating, and if it didn’t rain, there would be trouble. This was despite seeing weather maps showing a third of the country was completely fine. The next day the market traded through $4.48, but my order wasn’t there to get filled. Today, I’m clearly disappointed I acted on fear rather than my market strategy and didn’t keep the order in place.Interestingly, while it was for only 5% of my production, that sale would have boosted my entire sale average by 5 cents based upon where markets are today. That may not seem like much, but many farmers didn’t sell during this last rally and are kicking themselves now. Many elevator managers told me some farmers were calling to cancel orders as prices increased. More money was lost in these markets with cancelled orders than was made.I always recommend that farmers stick with their long-term plans and not worry about the “noise” around them. This trade was clearly in the profitable range. But, I got greedy/fearful hoping for more, while worrying about production issues (as did many other farmers). I didn’t take my own advice and will likely regret this lack of market action all year long.Why Did Corn Prices Spike and Then Drop Suddenly?Many in the trade were shocked by both the quick rise and even faster fall in corn.  Some have asked “why did corn fall so hard?” The better question is “why was corn up so much in the first place?”Corn probably needed to rally to $4 or $4.20, to have enough weather premium in it for La Nina fears.  But then there was drought fear and nobody wanted to be short corn, so $4.50 became the herd mentality price point.  Reality set in with the June 30 stocks and acreage report showing that not only did U.S. farmers plant more corn, they had more in storage than previously thought.While I understand large-scale drought fear, weather maps have been consistently showing a different story.  Most of the Corn Belt shows adequate/timely rainfall. The Corn Belt fringes are seeing dry conditions, but there is always a problem somewhere each year.In a nutshell, the market rallied largely on drought fears and irrational exuberance from the technical crowd and fund money. Then the market dropped fast after the June 30 report showed supply was higher than expected followed by much needed rain throughout most of the Corn Belt. Have we gone too low?  Probably not yet, but the market always seems to find an extreme going up and down.Jon grew up raising corn and soybeans on a farm near Beatrice, NE. Upon graduation from The University of Nebraska in Lincoln, he became a grain merchandiser and has been trading corn, soybeans and other grains for the last 18 years, building relationships with end-users in the process. After successfully marketing his father’s grain and getting his MBA, 10 years ago he started helping farmer clients market their grain based upon his principals of farmer education, reducing risk, understanding storage potential and using basis strategy to maximize individual farm operation profits. A big believer in farmer education of futures trading, Jon writes a weekly commentary to farmers interested in learning more and growing their farm operations.Trading of futures, options, swaps and other derivatives is risky and is not suitable for all persons. All of these investment products are leveraged, and you can lose more than your initial deposit. Each investment product is offered only to and from jurisdictions where solicitation and sale are lawful, and in accordance with applicable laws and regulations in such jurisdiction. The information provided here should not be relied upon as a substitute for independent research before making your investment decisions. Superior Feed Ingredients, LLC is merely providing this information for your general information and the information does not take into account any particular individual’s investment objectives, financial situation, or needs. All investors should obtain advice based on their unique situation before making any investment decision. The contents of this communication and any attachments are for informational purposes only and under no circumstances should they be construed as an offer to buy or sell, or a solicitation to buy or sell any future, option, swap or other derivative. The sources for the information and any opinions in this communication are believed to be reliable, but Superior Feed Ingredients, LLC does not warrant or guarantee the accuracy of such information or opinions. Superior Feed Ingredients, LLC and its principals and employees may take positions different from any positions described in this communication. Past results are not necessarily indicative of future results. He can be contacted at [email protected]last_img read more

How To Determine Your Dream Client’s Effort

first_imgWinning a new deal is complicated. Not only does it take time, but it also takes effort. If you don’t invest the time and effort, you are unlikely to win your dream client’s business. But you are not the only party that has to put forth the effort for you to successfully create an opportunity and a better outcome. The contacts within your dream client’s company also have to put forth the effort necessary, making your dream client’s effort as a measure of whether or not you will win their business—and whether you will be able to deliver.Are They Compelled to ChangeThere are contacts within your dream client’s company that understand the forces that are preventing them from producing the results they profess to need. They are well aware of the risks and threats to their business, yet they are unwilling to do anything about it now. The fact that they should be compelled to change is no indication that they are compelled to change. Some of these contacts are not willing to put forth the effort to do so, something that is often true even when the company is already suffering the negative impact.Imagine a company that is underinvesting in the results they need in some part of their business (this should be easy for you to imagine). This hypothetical company built a model around a particular set of assumptions, and they were profitable with that model up until one of their premises expired. The price of some input increases over time, and for the company to return to profitability, they need to raise the price they charge their clients or customers, but they are in a weak position to command a price increase. If the contacts are not willing to put forth the effort to change their pricing or change their model, their lack of energy around some change initiative is an indication they are not yet compelled to change.The lack of effort here is a signal that your effort is not likely to provide a return on the time you invest, or at least it won’t for some time.Are They Willing to Commit to the ProcessYou sell a meeting. You sell the processes. And then you sell your solution. You will find contacts who are more than willing to engage with you and explore change. They’ll give you their time, and they’ll share with you what they want and need. They’ll even accept a proposal and pricing. But what they will not do is commit to a process that would require them to put forth the energy necessary to change.No more pushy sales tactics. The Lost Art of Closing shows you how to proactively lead your customer and close your sales. An unwillingness to commit to meetings is a sign that your dream client either doesn’t recognize the value of the meeting, an outcome for which you are responsible, or they don’t want to put forth the effort. In larger, complex, business-to-business sales, contacts who refuse to meet to collaborate on the solution they need, to invite other stakeholders into the conversation, to engage a leadership sponsor, or to provide data or anything else that would be necessary to making a good decision and a better result, show an unwillingness to put forth effort. Skipping these conversations is sometimes an indication they believe what they are buying is a commodity and is transactional. In other cases, your dream client is unwilling to exert the effort to do what’s right.If you are reading this, it’s almost certain you have a sales process, guidance on what you need to accomplish to provide the best assistance possible in helping your dream client produce better results. Your process requires that you put forth the necessary effort to execute it. Your process is also likely to describe what you need from your prospective client to help them.Because no one can sell when there is no one buying, you need your client to put forth the necessary effort on their side. The likelihood of you winning a deal is often discovered by looking at the effort your contacts are willing to put forth in engaging in the process with you. The fact that they won’t engage with your process is not evidence that they aren’t engaged in someone else’s.Are They Willing to Do the WorkWhen you are young and naive, you believe that every failure to serve a client is your company’s fault. When you sold the deal and are accountable, you passionately think your company is in the wrong. As you mature into your role, you to start to recognize that many of your dream clients want better results, need better results, and pursue new suppliers to produce those results. However, they never achieve those results because they won’t put forth the effort.When determining whether or not you are going to be able to pursue successfully, win, and execute for a prospective client, your confidence in some part needs to factor in their willingness to put forth the effort throughout the sales conversation. An unwillingness to have the conversations and make and keep the required commitments is evidence that you may struggle to win their business and, having won it, difficulty executing your solution.None of this is to suggest that you give up, but rather, encouragement to have the difficult conversations that make one a trusted advisor and to do the work to sell well enough to increase their willingness. It’s much easier to sell and execute effectively with a client who is putting forth an effort that is equal to yours. Essential Reading! Get my 2nd book: The Lost Art of Closing “In The Lost Art of Closing, Anthony proves that the final commitment can actually be one of the easiest parts of the sales process—if you’ve set it up properly with other commitments that have to happen long before the close. The key is to lead customers through a series of necessary steps designed to prevent a purchase stall.” Buy Nowlast_img read more

Lady Tams book last semis trip

first_imgRed Lions want to feast on Altas; JRU vs Benilde MOST READ PH women’s volleyball team motivated to deliver in front of hometown crowd PLAY LIST 02:25PH women’s volleyball team motivated to deliver in front of hometown crowd00:50Trending Articles00:40Trending Articles01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games Far Eastern University bucked Lyceum’s gutsy stand as it rallied for an 18-25, 28-26, 25-15, 25-17 win and clinch the last semifinal berth in the Premier Volleyball League Collegiate Conference on Monday at Filoil Flying V Centre in San Juan.The Lady Tams ended the elimination round at 4-1 to wound up second behind unbeaten Group A topnotcher National U Lady Bulldogs (5-0).ADVERTISEMENT Fire hits houses in Mandaluyong City Don’t miss out on the latest news and information. Frontrow holds fun run to raise funds for young cancer patients  Typhoon Kammuri accelerates, gains strength en route to PH Fire hits houses in Mandaluyong City Brace for potentially devastating typhoon approaching PH – NDRRMC Read Next LATEST STORIES LOOK: Loisa Andalio, Ronnie Alonte unwind in Amanpulo for 3rd anniversary They also dashed the Ateneo Lady Eagles’ (3-2) hopes for a playoff for the other Final Four seat.For a while, Ateneo stood a chance as Lyceum stunned a listless FEU side in the opening frame. The Lady Pirates likewise fought back from huge deficits in the second to force a deuce, only to yield with late miscues.That enabled the Lady Tams to equalize and regroup to cruise to the next stage against Group B topnotcher Adamson.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutNU will tangle with Group B No. 2 Arellano at the start of the best-of-three semifinals on Wednesday.In the nightcap, Adamson outlasted San Beda, 22-25, 25-23, 25-16, 21-25, 15-11, to sweep the Group B elimination.Earlier, NU survived St. Benilde, 25-27, 29-27, 25-19, 16-25, 15-11, to clinch the last semifinal berth in the men’s division. BSP sees higher prices in November, but expects stronger peso, low rice costs to put up fight Nonong Araneta re-elected as PFF president View commentslast_img read more

IPL 2011: Rajasthan Royals vs Royal Challengers Bangalore- RCB win by 9 wickets

first_imgChris Gayle continued his superlative form scoring an unbeaten 70 as Bangalore beat Rajasthan by nine wickets during the 55th IPL match at the Sawai Mansingh Stadium in Jaipur on Wednesday. Score | PhotosLike Rajasthan, Bangalore too got off to a fine start and the 146-run target wasn’t a very tough one for the Bangalore side considering the impressive form their opener Chris Gayle is in.He along with Sri Lankan Tillakaratne Dilshan put on 68 runs for the first wicket before Dilshan fell in the seventh over.Dilshan tried to sweep Shane Warne, but a top edge of his bat was taken by Ross Taylor in the deep. He fell for 38.That was the last wicket to fall from the Bangalore camp as they wrapped the match in style with three over remaining. Captain Virat Kohli and opener Chris Gayle remained unbeaten till the end as Bangalore scored 151/1 in 17 overs.Gayle’s unbeaten 70 came off just 44 balls while Kohli scored 39 off 34 balls.RajasthanOpeners Rahul Dravid and Shane Watson provided Rajasthan with a good start as the hosts posted a fine 145/6 against Bangalore during their IPL match at the Sawai Mansingh Stadium in Jaipur on Wednesday. Bangalore captain Virat Kohli ton the toss and elected to field. Kohli was leading the side in the absence of regular captain Daniel Vettori, who is injured.Rajasthan openers Rahul Dravid and Shane Watson got off to a good start against Bangalore. The two were scoring at a brisk pace and keeping the run rate to good 8 runs an over.advertisementJust when it was beginning to look that the two were getting ready for a long partnership, Bangalore left-arm medium-pacer Sreenath Aravind struck and despatched both the openers in the 10th over.First, he got rid of Waston to break their stand on 73 and then a ball later got rid of Rahul Dravid. Watson scored a fine 34 while Dravid increased the team total by 37 runs.Next man Ajinka Rahane fell in the 14th over when the total was 102. A mix-up saw him get run out on 17 even as AB de Villiers displayed a brilliant piece of fielding at point.Johan Botha was the next batsman to take a walk back to the dugout. He too fell to S Aravind in the 17th over on 19 when the team total was 122/4.Kiwi Ross Taylor fell to Charl Langeveldt in the 18th over and Chris Gayle got rid on Ashok Menaria in the next over when the Rajasthan score was 133/6.Finally, Rajasthan managed to score 145/6 in their stipulated 20 overs.last_img read more

17 days agoNakhi Wells keen on QPR stay

first_imgTagsTransfersAbout the authorPaul VegasShare the loveHave your say Nakhi Wells keen on QPR stayby Paul Vegas17 days agoSend to a friendShare the loveNahki Wells would welcome a permanent switch to Queens Park Rangers.The Burnley striker has excelled during his second loan spell with West London, having scored seven goals this season.Asked about joining QPR permanently, Wells said: “That’s all stuff that’s beyond any of my decision-making of course.”But I think the club, the fans, the board – everyone knows what my decision would be.”I love it here, it feels like home to me.”Of course football is a business though and there’s a lot more that goes into it than just me saying I’d like to stay here.”But if it was possible I wouldn’t hesitate one bit.” last_img read more

Dhoni not to play last 2 ODIs, likely to have played last game on Indian soil

first_imgRanchi: India’s seniormost player Mahendra Singh Dhoni will be “rested” for the final two ODIs of the ongoing series against Australia and Friday’s match here could well be his last international outing on home soil. “We will have some changes in the last two games. Mahi will not be playing in the last two games. He will be taking rest ,” India’s assistant coach Sanjay Bangar told mediapersons after the match. With India not having any home matches till October, the match here could well be the last time that Dhoni has played in India Blues on home soil. Also Read – Dhoni, Paes spotted playing football togetherThe World Cup is widely believed to be Dhoni’s swansong in India colours. However, the Jharkhand State Cricket Association believes that they would get one limited overs match during the next home season where Dhoni could bid a proper farewell. Knowing Dhoni’s allergy to publicity, the chances of that happening is pretty dim at the moment. Rishabh Pant will keep wickets during the last two ODIs in Mohali and New Delhi.last_img read more

BJP made someone who used word Hindu terror minister: Digvijay

first_imgBhopal: Senior Congress leader Digvijay Singh claimed Saturday that the BJP made the person who used the term “Hindu terror” in official parlance a Union minister. He was apparently referring to R K Singh, a Union home secretary during the UPA regime who later joined the BJP and became minister. The BJP has often targeted Digvijay Singh for `tarnishing the Hindu community’ by using the term Hindu or saffron terror. Prime Minister Narendra Modi Friday defended the BJP’s decision to field Pragya Singh Thakur, Malegaon blast accused, from Bhopal Lok Sabha seat, saying it was a symbolic answer to all those who falsely bracketed the rich Hindu civilisation as “terrorist”. Also Read – Uddhav bats for ‘Sena CM’ Modi was apparently referring to Digvijay, who is the Congress’ candidate from Bhopal. “I think they do not have the knowledge of Hindu civilisation. The person who, as home secretary, issued a statement with the word Hindu terror was given Lok Sabha ticket by the BJP and was made a Union minister,” Singh told reporters here. “Will (BJP chief) Amit Shah speak about it?” the former Madhya Pradesh chief minister asked. Amid the political row over the term Hindu terrorism, the Congress had pointed earlier that it was used by Union minister R K Singh when he was home secretary. Also Read – Farooq demands unconditional release of all detainees in J&K Digvijay also said the word Hindutva did not exist for him. “Why do you use the word Hindutva? The word does not exist in my dictionary,” he said. The Congress leader refused to comment on the Election Commission’s notice to Thakur over her remark that former Maharashtra ATS chief Hemant Karkare died in the 26/11 Mumbai terror attack because she had cursed the police officer for torturing her during the blast probe. “Ask the EC. Why are you asking me? I don’t want to get into it,” the Congress leader said. Asked if he was now in “silent mode”, Singh, known for kicking off controversy with his provocative statements, replied amid laughter, “Have I taken a contract to create news?” Interestingly, Singh, whose outlandish theories about the Mumbai attack and the Batla House encounter have incurred him the wrath of the right wing, has desisted from making any comment on Thakur’s comment on Karkare.last_img