profits ahead of last years.the company has 80% interest in a joint venture with china national petroleum corp(cnpc).market makers bought a lot of stock on friday followed by big buys on monday.profit taking on tues am then buyers back in pm.any views?

2xmill buys gone thro someones still topping up

I WOULD HOPE IT WOULD NOT EFFECT THE PRICE MUCH AS THIS MONEY IS TO DEVELOP THE BUSINESS FURTHER AND THE CURRENT SUPPORT THEY HAVE ENJOYED SUGGESTS EVERYONE IS BEHIUND THEIR STRATEGY FOR EXPANSION.sorry about caps

i would expect more inst to get on board now as the bank has now given it the go head to do what ever their plans are which they must know about so i think its just sit tight and enjoy the ride next year

biffa,

I agree, FTO should hover around the 9p mark now, shareprices often retrace to a placing price, which FTO has already done.

Hopefully FTO will base build from here, until the next news arrives.

Andy,I am hopeful we will move on from the placing price rather than hover because not only institutions have got this one in its sights but fto will give further updates on natural gas deals and on bluesky sooner than later judjing by share volumes

gardyne,

Well I hope you're right!

I'm still holding, I feel China and gas may be a real opportunity for them, right time right place IMHO.

Aboslutely Andy, remember even Warren said China is the place to be. The lastest DB deal underpins this price. Apart from that banks dont do deals that wont make them money. For me, THEY are looking at a handsome return. I am very long on this and cant say it's for my pension like Biffa (maybe he is older than me....lol) But it could certainly buy me a very nice house.

Only question I have is over the timescales the sp will increase over. I think double in a year.

Good to see others positive and are longtermers.It seems this share is very popular for pensions.Anyway lets sit back and wait for next development.

gardyne,

Agreed.

held well today, and quite a bit of volume too!

i am sitting on this one has i think china is the place to be !!!!!!!!!!!!!!!!

nice to see people are starting to take notice i did tip jkx and look at that i bought 20p and made a nice bundle then watched it double again so not going to do that again with this one ,this is going to make us rich but patience is reqed

biffa18,

Superb profit on JKX, well done!
I got in at 37p, and further along as it rose.


I agree FTO requires patience, slow and steady is fine by me.

Well soon 2005 and this share is going to make me a tad richer this coming year !!

Something I "filched" from across the road.
I have just read a statement from China Aviation's Parent Company regarding a new contract signed with Bluesky regarding the purchase of Jet Fuel.
Unfortunately it is in Acrobat format so I could not copy & paste !!!!
I would suggest interested parties search under China Aviation.
The Date the information was released was the 21/Dec.so is up to date info.IMHO.
Regards

regards

teletigger, you can still copy and paste by select text on .pdf file and use Ctrl+C to copy and use Ctrl+V to paste...

Seine,

Thanks for that.


teletigger,

Any chance you could try Seine's method, and paste here please?

This is certainly a share to put in your back pocket and keep for the longer term, with so much positive news and potential for this company I cannot understand anyone that is waiting for the share to rise a couple of pence so they can sell?

I have many shares in my protfolio for which I am awaiting a slight increase in the share price so that I can take the money and run but this is definately not one of them, FTO is in the right place at the right time, Im in for the long term on this one, this is the sort of share we have all had dreams about, dont sell your dreams guys hold on to them and watch them turn into reality.

healthy,

Totally agree, not one to trade, but to hold, IMHO.

level 2 ...6/1
9/10 except evo..... they do seem to work in funny ways

http://www.listedcompany.com/ir/cao/newsroom/CAOTUpdate21Dec04.pdf
cut and paste into your browser