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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

ellio - 29 Jul 2009 13:58 - 259 of 3666

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

boxerdog - 29 Jul 2009 14:15 - 260 of 3666


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

cynic - 29 Jul 2009 14:21 - 261 of 3666

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

cynic - 29 Jul 2009 14:24 - 262 of 3666

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

halifax - 29 Jul 2009 14:26 - 263 of 3666

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.

cynic - 29 Jul 2009 14:36 - 264 of 3666

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

halifax - 29 Jul 2009 14:47 - 265 of 3666

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.

cynic - 29 Jul 2009 14:50 - 266 of 3666

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

halifax - 29 Jul 2009 14:58 - 267 of 3666

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.

cynic - 29 Jul 2009 15:01 - 268 of 3666

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?

halifax - 29 Jul 2009 15:08 - 269 of 3666

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.

cynic - 29 Jul 2009 15:21 - 270 of 3666

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!)

halifax - 29 Jul 2009 15:27 - 271 of 3666

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.

cynic - 29 Jul 2009 15:33 - 272 of 3666

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

halifax - 29 Jul 2009 15:39 - 273 of 3666

cynic tell us something new, we all know you always need to have the last word and are always right, but never mind if that's how you wish to spend your time you are more than welcome,others like to give their honest opinions without favour.

cynic - 29 Jul 2009 15:53 - 274 of 3666

if you read, you will see that i openly admit that i am often wrong and then hold my hand up to it ..... it may well be that i shall prove to have made an expensive mistake with AFR should the t/o never be realised, though that has nothing at all to do with the historic and continuing unrest in nigeria.

for your part, you (or the royal "we") seem incapable of this, let alone answering simple questions.

that is my honest opinion, though seemingly supported by actuality!

halifax - 29 Jul 2009 16:01 - 275 of 3666

cynic you always prove our point, in your mind you are always right and need to have the last word, learn to fight another day, otherwise you will never grow up.

cynic - 29 Jul 2009 16:15 - 276 of 3666

i have managed to survive well enough for the last 63 years, and genetically i would say i have a good chance of (at least) another 30

now try answering the questions or you will fail the exam, as i am sure you discovered as a child

halifax - 29 Jul 2009 16:23 - 277 of 3666

cynic once again you prove our point you think you are the teacher, whereas you don't realise you are surrounded by teachers, but unfortunately you can't listen or see, which means you must be deaf and blind, malheureusement.

cynic - 29 Jul 2009 16:36 - 278 of 3666

teacher? moi? ..... not even a rabbi!! ..... however, i certainly learnt to read the question and to answer it, though frequently not by just regurgitating the party line ...... how come you didn't the learn just the basics if you are a teacher?
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