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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

cynic - 30 Jan 2015 10:35 - 3168 of 3666

probably just bears closing their positions as if the stock gets suspended, i think things get very messy

mentor - 30 Jan 2015 10:48 - 3169 of 3666

the clever clogs has SPOKEN above
as usual when out or short slagging the company

cynic - 30 Jan 2015 10:56 - 3170 of 3666

silly little boy; go and play with your trains

mentor - 30 Jan 2015 11:01 - 3171 of 3666

Back stabbing is you game says your old mate ... Goldfinger

is it true?
I would not be surprise, is in the blood
it remains me of Judas

cynic - 30 Jan 2015 11:03 - 3172 of 3666

believe what and whom you like, but i genuinely hope you don't revert to your old MRSI-self and get yourself chucked out yet again

mentor - 30 Jan 2015 11:06 - 3173 of 3666

go and cry to mummy as you allways do when you can not win

For the record ......

goldfinger - 29 Jan 2015 16:26 - 45 of 46
mentor, tell him to fcuk of, I wouldnt believe a word he says.

Ive seen the true cynic over the last 24 hours, Fred was right all along.

Scheming little back stabber.

Kick him in the nuts.

2517GEORGE - 30 Jan 2015 11:09 - 3174 of 3666

Is this the next thread to be lost?
2517

mentor - 30 Jan 2015 11:09 - 3175 of 3666

REASON FOR THE BOUNCE BACK

Since yesterday's news of SKAGEN has reduce to 0.61%, by now most likely is 0%
the shares are bouncing back as the big seller is gone ...........

The equity funds; SKAGEN Global Veripapirfond,

5. Date of the transaction and date on
which the threshold is crossed or
reached: 28 January 2015

7. Threshold(s) that is/are crossed or
reached: 3%

37.5M now 6.3M 0.61%

maestro - 30 Jan 2015 11:09 - 3176 of 3666

cynic knows fuck all..been told massive positive news coming

cynic - 30 Jan 2015 11:10 - 3177 of 3666

as i said, believe what and whom you like
i have better things to do than continue a very silly and pointless argument based on totally false assumption anyway

jimmy b - 30 Jan 2015 11:10 - 3178 of 3666

Probably George , and at a crucial time when Affers could be bust or saved .

mentor - 30 Jan 2015 11:13 - 3179 of 3666

2517GEORGE

ref - Is this the next thread to be lost?

I hope not
" cynic " has a bad habit that has to expose

do I have to be the sherif?
I feel I do somtimes, just to be more level on the thread

HARRYCAT - 30 Jan 2015 11:15 - 3180 of 3666

Yeah, but maestro we are all still waiting for OXS to go ballistic. You promised that we would all be rich soon!!! Is AFR any different? ;o)

cynic - 30 Jan 2015 11:17 - 3181 of 3666

jimmy and george - i very much hope not, and promise it will not be of my doing

i can see why seplat might pay a nominal sum for AFR
though the kaz assets have effectively been written off, i have a feeling that they're actually worth quite a bit
the african assets of course have a lot of potential, though probably too expensive to exploit at current crude prices
against that, there are of course the massive debts - $1.2bn from memory

even if there is a fire sale offer from seplat, do you truly there believe there will be anything at all left in there for PIs?

mentor - 30 Jan 2015 11:19 - 3182 of 3666

re - i have better things to do than continue a very silly and pointless argument

does not look like

saying I run a company that makes profit not like others and ........
"cynic " spends all day at Mam chatting about.

believe what you want but I don't

2517GEORGE - 30 Jan 2015 11:23 - 3183 of 3666

mentor, I look on threads that interest me and gain huge insight from other posters and their knowledge of various co's, yes there are those that ramp and de-ramp, however the final decision is with the individual. There may be those on the threads that are economical with the truth as regards their dealings, but who are they really kidding, only themselves. What does it matter a jot to anyone else, it's not going to affect them.
2517

maestro - 30 Jan 2015 11:26 - 3184 of 3666

harrycat... a little more patience re oxus... a month or two to become a millionaire isnt long to wait in the grand scheme of things

HARRYCAT - 30 Jan 2015 11:29 - 3185 of 3666

Awesome....... a millionaire by the end of March....I can hardly wait!!! ;o)
I might wait a bit though before I start planning how to spend it, just in case something goes wrong! Unlikely.....but...........

HARRYCAT - 30 Jan 2015 12:06 - 3186 of 3666

Apparently Bloomberg released this last night:
"Seplat Petroleum Development Co.’s talks on a takeover of London-based Afren Plc are “very serious” ahead of a deadline tomorrow for the Nigerian company to make a firm bid or walk away, according to a major indirect shareholder.
It’s “very interesting for Seplat,” said Jean-Francois Henin, who has an interest in the African producer through a stake in MPI, an investor in exploration. “It’s impossible to say what will emerge but discussions are very serious.”

[It is thought Henin owns Pacifico, which has 25% of MPI, which has 22% of Seplat.]

required field - 30 Jan 2015 12:06 - 3187 of 3666

Seplat must be puzzled as to what price to bid ?.....could be anything up to 60p perhaps...if they bid 20p : Afren are going to say no....and try to raise capital instead....
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