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AFREN (AFR) Is this the next TULLOW??? (AFR)     

niceonecyril - 04 Apr 2009 08:30

< "> Chart.aspx?Provider=EODIntra&Code=AFR&Siedit this post http://www.investegate.co.uk/afren-plc-%28afr%29/rns/trading-statement-and-operations-update/201301210700069619
http://www.investegate.co.uk/afren-plc--afr-/rns/2012-full-year-results/201303250700107200A/

In an attempt to cut down the header page,i've transferred some of the older news to Page1 post No.3.

http://www.oil-price.net/index.php?lang=en
http://www.ft.com/home/uk

http://www.investegate.co.uk/Article.aspx?id=201111020700081674R
http://www.investegate.co.uk/Article.aspx?id=201111150700250723S
http://www.investegate.co.uk/Article.aspx?id=201112010705051251T
http://www.investegate.co.uk/Article.aspx?id=201201170700146472V
http://www.investegate.co.uk/Article.aspx?id=201201230701479690V
http://www.moneyam.com/action/news/showArticle?id=4323758
http://www.investegate.co.uk/Article.aspx?id=201204170700164488B
http://www.investegate.co.uk/Article.aspx?id=201205140700212304D
http://www.investegate.co.uk/Article.aspx?id=201205210700407032D
http://www.moneyam.com/action/news/showArticle?id=4430164
http://www.investegate.co.uk/afren-plc-%28afr%29/rns/significant-new-seychelles-3d-seismic-programme/201212120700052973T/
http://www.investegate.co.uk/afren-plc--afr-/rns/2013-half-yearly-results/201308230700063334M/
http://www.investegate.co.uk/afren-plc--afr-/rns/ogo-drilling-and-resources-update/201311190700083404T/
http://www.investegate.co.uk/afren-plc--afr-/rns/trading-statement-and-operations-update/201401280700096280Y/
http://www.investegate.co.uk/afren-plc--afr-/rns/interim-management-statement/201405200700135209H/
http://www.investegate.co.uk/afren-plc--afr-/rns/interim-management-statement/201410300700116483V/
http://www.moneyam.com/action/news/showArticle?id=4942625
http://www.moneyam.com/action/news/showArticle?id=4943375

ptholden - 08 Sep 2010 21:29 - 1211 of 3666

My first point of support is bang on 100p which equates to both SP trendline support (although this is a very new trendline and needs at least one more test to be viewed as such) and a support line on the RSI. If this doesn't do the business, I think 90p is a strong possibility. I have no intention of reversing my position but will add on any further weakness. I reallydon't see 85p, but I guess, never say never.

cynic - 08 Sep 2010 23:16 - 1212 of 3666

i agree with all except harry! ...... to short AFR is dangerous bordering on suicidal, and for bugger all potential gain

Chris Carson - 09 Sep 2010 12:01 - 1213 of 3666

cynic - Would you be so kind, just for future reference, to post all the stocks that in your opinion would be dangerous, bordering on suicidal, and for bugger all gain :o)

Seriously though, I just try to trade what I see. (Tried trading what I wanted to see many times, amazingly never worked.)

Made money on SB bought @ 96 sold @ 103 +7. Currently short with tight stop. It's a game not life and death!

cynic - 09 Sep 2010 16:35 - 1214 of 3666

if you want a game, go and play tiddlywinks with mitzy - she needs company

for myself, after a horrid earlier part of the financial year, all now much rosier after a very successful 2009/2010 ...... clearly i don't call entirely wrongly even without research

Balerboy - 09 Sep 2010 16:37 - 1215 of 3666

if you want wrong call....look no futher than asos.......my shins are black and blue where i've kicked my self....emu

halifax - 09 Sep 2010 16:44 - 1216 of 3666

healthy volume today awaiting news of arrival of oil containment vessel and the start of Ebok pumping.

cynic - 09 Sep 2010 16:49 - 1217 of 3666

i called that one wrong too as i have a short running there which i'll prob close tomorrow .... still, my short on CNT sure worked a treat and haven't done so badly with one on FOGL

jimmy b - 09 Sep 2010 21:14 - 1218 of 3666

I also think shorting this one is a dangerous move ,it could spike up at any time as there is no negatives really ,i've only ever shorted bad news ,but if your right then well done ..

HARRYCAT - 13 Sep 2010 15:02 - 1219 of 3666

London, 13 September 2010 - "Afren plc and Black Marlin Energy Holdings Limited ("Black Marlin") (TSX-V: BLM) are pleased to announce that Black Marlin has received the approval of the required majority of shareholders for the acquisition by Afren plc.

At Black Marlin's General Meeting held on Friday 10th September in connection with the proposed acquisition of Black Marlin by Afren, all resolutions were approved by the requisite majority of shareholders.

The acquisition combines two portfolios that offer a complementary fit, providing a balanced exposure across the full E&P value cycle of production, development, appraisal and exploration. Black Marlin's portfolio of assets represents an attractive, multi-country entry position in East Africa, a region that has emerged as an exploration province of global interest following recent significant discoveries. The 12 assets located in Kenya, Ethiopia, Madagascar and Seychelles are located in basins with proven or strong evidence of working hydrocarbon systems.

The Afren General Meeting to approve the Ordinary Resolution, pursuant to the Notice of AGM dated 24th August 2010, will be held on 21st September 2010."

Chris Carson - 14 Sep 2010 08:18 - 1220 of 3666

Stopped out at the open @ 106.1 -5. Now long (after brain transplant) @ 104.7.

cynic - 14 Sep 2010 08:41 - 1221 of 3666

sorry to hear it, but not too much blood i hope - but you were warned!

Chris Carson - 14 Sep 2010 08:43 - 1222 of 3666

True cynic, can't win em all!

HARRYCAT - 14 Sep 2010 15:37 - 1223 of 3666

Not sure 'Long' is good either. Sp up & down with no particular reason that I can see.

Chris Carson - 14 Sep 2010 16:17 - 1224 of 3666

I'ts the usual curse Harry, was my stop loss to close or not? Patience needed I guess.

jimmy b - 14 Sep 2010 21:57 - 1225 of 3666

HARRY stop being a doomster on this one ,it's a long term hold we're all going to be rich.

HARRYCAT - 15 Sep 2010 08:22 - 1226 of 3666

Jimmy, there are a number of people trading this, so not everyone is following your investment strategy. I agree, long term it is a good bet, but in the meantime you are going to have to accept short term pain! ;o)

cynic - 15 Sep 2010 08:53 - 1227 of 3666

i feel no pain!

Balerboy - 15 Sep 2010 09:32 - 1228 of 3666

thats not what you said last night....:))

cynic - 15 Sep 2010 10:10 - 1229 of 3666

i just bit the pillow jeremy

Chris Carson - 15 Sep 2010 12:33 - 1230 of 3666

Halifax - This oil containment vessel, has it got an engine?
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