< "> edit 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

As oil is almost $67 and we continue in this strong upward trend I expect volumes to be healthy and the 60p resistance will be broken today.With with a fair tail wind who knows how high this time next week?.

Am still surpised this hasnt jumped beyond 60p, theres a game here, it will ramp in last hour!

you wish! ...... i take it you are on the wrong side of a T-trade

sp falling is it due to political problems in nigeria or falling oil price?

Falling oil price - IMO

Neither probably, now its back-up, someone glg partners has just aquired more shares, so have 5% of afren or 35million+

GLG look for low risk, capital enhancing investments for their clients!!

GLG. appear to have disposed of 6m shares reducing their holding to below 5m.

quite so, but that's still an awful lot of shares that they hold.
i think UBS also own a slab, but don't know how many

Large shareholdings as at just now!

Lansdowne Partners 11.53
GLG Partners 4.87
Standard Bank 4.29
JP Morgan Chase & Co 4.48
FMR Corp 3.62
Credit Suisse Securities 4.91
Standard Life 6.11
Investec 7.14

political situation in nigeria not looking good with muslim terrorists in the north and separists in the south disrupting oil flows.... shades of Biafra all over again.

this nigeria stuff has been rumbling on for years, so nothing new ...... but i recollect you have a pretty low opinion of TLW's find in uganda as well

uganda is a totally different scenario to nigeria, as you know the problem in uganda is the cost of getting the oil to the coast. oil in the ground has no value.

ah indeed ... but both AFR and TLW (and HOIL) have definitely found the stuff, which may be in the ground but is not up in the blue sky ..... btw, have checked back and note that you made a similar derogatory comment about TLW's find in Uganda on 16th June when sp was about 890 against 990 now ..... perhaps hyleo is your alter ego


on 17th June, you also reckoned that TLW was badly overpriced compared to DGO (which I also hold) ...... DGO was then about 355 and is now 330

or yours, TLW's best bet in Uganda is to get the government to finance the cost of building the pipeline to Mombasa which would probably require a loan from the World Bank or similar agency,pretty unlikely unless the price of oil goes up significantly and stays up.

told you before ...... TLW have already put in an order for a fleet of spaceships ..... frankly, i don't much care how they get the oil from A to B, though assuredly it will be arranged, just as long as sp keeps ticking up

now tell us all at what price you shorted TLW (and AFR) and on what date ..... or did money and mouth somehow miss each other?

cynic you appear to have a problem, if you try being polite and nice to your fellow human beings for a change you just might get something out of your life.

i get more pleasure being as i am ..... it's one of the reasons i don't take sugar in my coffee or tea ..... and on the positive side, when i make a mistake, which i frequently do, i own up to it ..... and you???? ...... and of course, you have still not answered the question (surprise, surprise!)

cynic we are all entitled to our preferences and opinions believe it or not, you may think life is about constantly scoring points off other people.... we wonder if you have many friends.

well the royal "we" can wonder as long as "we" like ...... my gripe with you is nothing to do with preferences - e.g. i openly admit to a "problem" with chinese owned/run companies and blue-sky falklands E&P oilies ..... my objection is that (a) you don't hold your hand up to a wrong call and (b) having said (again) how overpriced TLW is, you do not short it ..... as i said, money and mouth fail to connect