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?

barney,

Thanks, that looks quite positive for FTO, IMHO.

Does this now remove the speculation and uncertainty over Bluesky?
Seems to me from the sidelines that this issue has dominated talk
of FTO for some time, so presumably some clarity will be good?

well wonder what this week will bring maybe a move up !! but i still think we need some news on progress across the board we might see a tick up and a bit of day trading on this but maybe not real movement until results time , which by then
i expect the speculators would of pushed it up a bit
people talk of it hitting 12p etc but for what reason as there are a lot of shares
about ,and what was that all about with bank getting their rns wrong
so heres hoping 12p i would be vry happy ,

.

Ha! Ha!

hightech--what are you on?? I could do with a dose! hope you're right mind.

Me too....Ha! Ha!

BBC 2 WORKING LUNCH mentioned getting into less well known oil companys as some ie jkx had risen 100% plus and some were doing quite well on 50 dollars a barrel oil price

Good that CAO not able to takeover BlueSky owned by Fortune as BlueSky has made 33% profit

whats going on with fto???????????? has anyone have a clue:)

No - I'm obviously not a Fortune teller ;-)

Nothing is happening when the market is closed. What are you talking about llewellyn?

if your talking about the share price , then its waiting for news and results time so poss a good time to top up for when this news etc arrives , still looking good tho as holding at 8p ish but would be nice to see some news on inst holdings / major share holders, directors topping up would be nice otherwise patience is reqed im afraid

ok hightech sorry that i asked about some info on fto??? you must know alot more about the company!!!!!!!!!!!!!

llewellyn _ Sorry if I offended you. it was a prompt reponse with no intention.
Can you share your views about FTO?

The price of oil does not seem to moves these.

yes i can shares my views about this company hightech,about 2 years ago i brought 550000 shares @1.75 ,and i should have sold them when they were 10p!!!but has we all know ,greed takes ahold of you and i sat on them,i was hoping that bluesky deal had gone through!do i sell now and take the profit or hold on.over to you hightech :)

I hold very little, about 70k bought about 2.4p long time ago (more than five years ago, I think). I decided to hold untill the true value of the company is recognised. I generally don't think selling assets is a good idea, especially if they can raise money by selling shares to DB etc.
I still hope they do well in China and that's why 15p is my target for this year.
Anyway, I might be wrong, do your own research etc.

guys,

Still this resistance at 8p, it is a larger hurdle than I previously thought.

I am still holding - have held them since they dropped about this time last yeaar and I bought back at 5p (I think) - target 12p - but patience wearing thin - may have to sell them to top up on SEO GMC and HMY

Baza