< "> 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

delete

AFR has been the subject of a number of other recent research reports. Analysts at Tudor Pickering reiterated an accumulate rating and set a GBX 90 ($1.36) price target on shares of Afren Plc in a research note on Thursday. Analysts at Credit Suisse downgraded shares of Afren Plc to a neutral rating and lowered their price target for the stock from GBX 92 ($1.39) to GBX 54 ($0.82) in a research note on Tuesday. Analysts at Goldman Sachs lowered their price target on shares of Afren Plc from GBX 115 ($1.74) to GBX 59 ($0.89) and set a buy rating on the stock in a research note on Monday. Finally, analysts at BMO Capital Markets reiterated a market perform rating and set a GBX 80 ($1.21) price target on shares of Afren Plc in a research note on Monday. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average target price of GBX 100.59 ($1.52).
Afren plc is an independent oil and gas exploration and production company operating in Africa and the Middle East. The Company has interests in 25 exploration and production licenses in 11 countries and focuses on three regions: West Africa, East Africa and the Kurdistan Region of Iraq. The Company produces 48,000 barrels of oil per day, from its assets in Nigeria and the Kurdistan region of Iraq.

aldwickk,
The video more about the oil industry in general at the present time,so
indirectly related to AFR?

https://www.youtube.com/watch?v=-tcmifGtIGo&feature=youtu.be

cyril

That man's an a twat

i have heard that the damning CPR was actually issued part way through the (annual) process .... does anyone know if there is any truth in that?

it is also puzzling that the original CPR was also done by an indenpent body, so how could that be so completely variance with the latest?

that said, if there is no bid tomorrow, even if only an opening shot, then sp will be going in one direction only

http://www.vanguardngr.com/2015/01/local-content-given-impetus-nigerian-companies-ramp-capacityemeka-ene/

so then, is no news no news or bad news?

I reckon the market will possibly keep the sp up even with no bid from the first lot because another bid from other suitors is very, very likely.....

Just no news yet. Nigeria are an hour ahead of us, so shouldn't be long now! Rumour was that they would ask for a seven day extension to the deadline.

It seems that any extension must be applied for by AFR?

http://uk.advfn.com/news/UKREG/2015/article/65144489

i am very puzzled (and thick), but of you look at today's news for AFR there are some very odd tradings from morgan stanley
anyone understand them, or are they pretty irrelevant?

I''l pass,just as confused.

Ask goldfinger or skinny

my stop loss at 27p as just been triggered

sp has stayed remarkably stable, which is strange in itself

As I mentioned in post #2893, these trades have been going on for some while Cynic. They are TRP's, but I don't quite understand how they fit into the day's trading figures.

[TRP's: A swap agreement in which one party makes payments based on a set rate, either fixed or variable, while the other party makes payments based on the return of an underlying asset, which includes both the income it generates and any capital gains. In total return swaps, the underlying asset, referred to as the reference asset, is usually an equity index, loans, or bonds. This is owned by the party receiving the set rate payment.

Total return swaps allow the party receiving the total return to gain exposure and benefit from a reference asset without actually having to own it. These swaps are popular with hedge funds because they get the benefit of a large exposure with a minimal cash outlay.]

Off 10% today.

that's actually peanuts .... if there's even a sniff of seplat pulling away, then prepare for 20p or less before you can blink

=========

meanwhile, there's a little flurry of buying with sp a tad over 28 = down 5% on the day