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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

cp1 - 21 Jan 2015 09:20 - 3027 of 3666

Surprised there is any 'buzz'. Seplat walks and Afren price collapses you'd have thought. Not sure they can pull off any sort of reasonable refinancing at this present juncture.

Nar1 - 21 Jan 2015 09:29 - 3028 of 3666

Yesterdays RNS killed the buzz

WOODIE - 21 Jan 2015 09:36 - 3029 of 3666

I cant see a bid at 50p if it all.

required field - 21 Jan 2015 09:44 - 3030 of 3666

With no buzz..(aldrin) ...well the takeover at 80p or more is looking more and more like a moonshot...but I'm staying put(t))(for golf on the moon)....anyway,....

required field - 21 Jan 2015 09:50 - 3031 of 3666

I've heard of video killed the radio star....but not rns killed the buzz....sorry....just having a laf...

niceonecyril - 21 Jan 2015 10:05 - 3032 of 3666

AFR have the money,are they carrying out normal business of restructuring for
best practice?

cynic - 21 Jan 2015 10:36 - 3033 of 3666

reaction of sp is surprisingly muted and trade book pretty much level
to me, it looks likely that AFR will be forced into a corner and have no option other than to accept what is put on the table
whether or not the innocent (as opposed to the crooked) shareholders will be left with anything at all is a moot point

required field - 21 Jan 2015 10:42 - 3034 of 3666

Wish I took a quick profit when it was 34p....could have bought them back now as it is in an Isa...

cynic - 21 Jan 2015 10:50 - 3035 of 3666

ah well; i wish i had left my short running too

aldwickk - 21 Jan 2015 11:04 - 3036 of 3666

you don't want to keep running without your shorts , lol

mitzy - 21 Jan 2015 11:54 - 3037 of 3666

Keep on falling sub 20p today.

required field - 21 Jan 2015 11:57 - 3038 of 3666

Fill ya boots Mitzy.....you don't want to be left out in the cold...

cynic - 21 Jan 2015 11:58 - 3039 of 3666

can't quite work it out ..... order books still fairly even but 31.5m already traded!
i'm out and very cross with myself

cp1 - 21 Jan 2015 12:27 - 3040 of 3666

I'm not sure Malcy is worth more than a token glance these days. He's been banging on about Caza for as long as I can recall and that's another that has just hit an ATL.

SOU another he's fallen in love with yet appearing priced for perfection. Onshore but very deep costly wells.

I think he needs reminding a few oilers now trading way below cash. Who'd a thought 12 months ago??

Anyway back to Afren and yes order book even but looks like seller just filling up into strength in book. Must be a head scratcher for investors now that Seplat appears to be their potential great saviour. Good luck everyone whatever your take.

cynic - 21 Jan 2015 12:58 - 3041 of 3666

seplat is almost certainly the ONLY possible saviour, and if so, it's unlikely PIs will see a penny - or at least that's what i think

jimmy b - 21 Jan 2015 13:48 - 3042 of 3666

How do you know that Seplat is the only saviour ? and why is it unlikely that PI's will see a penny ?

cynic - 21 Jan 2015 13:50 - 3043 of 3666

i don't know, which is why i wrote, "or at least that's what i think"

but most assuredly i know 56m traded so far today!

mitzy - 21 Jan 2015 15:00 - 3044 of 3666

In freefall.

cynic - 21 Jan 2015 15:07 - 3045 of 3666

i think this is what the economists mean by "wealth trickle down"

rekirkham - 21 Jan 2015 15:09 - 3046 of 3666

You guys seem to be talking a lot of rubbish
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