This is huge get in before the heard arrives to work this morning, the new VOG

Master

I need to send you bottle bubbly!!!!!


Made 5k today,cheers!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

CT .... make sure you bank it then!

CYNIC

Am tempted to sell my IDD and FAO shres as this cover the loss JUST!!

as i/we have all learnt to our cost, a profit is no profit until banked ..... imo, take your profit or at least a ggodly portion thereof ..... FEP just feels to overblown for my liking

Todays FT


SMALL CAPS: GAS FIND DOUBLES PRICE OF FORUM ENERGY SHARES
By Peter Garnhamand Robert Orr

Published: September 27 2006 03:00 | Last updated: September 27 2006 03:00

*Shares in Forum Energy more than doubled to 140p after the explorer revealed that testing at its Sampaguita gas discovery in the Philippines indicated a "world class" gas asset of up to 20,000 billion cubic feet. Analysts at Noble & Company said that while many uncertainties remained, thefind could be worth about500p a share to Forum. But shares in Sterling Energy fell1.4 per cent to 18p despite the fact that it owns a 14 per cent stake in Forum.

well done the "brave guys" of which i was not one ..... sp is up another 20p at opening at about 158 ...... how does one now evaluate this company .... damned if i know, but it is almost 150% certain that sp will race ahead too far (but where to?) on expectation as has been seen previously on the likes of Elixir and Empyrian.

Steady move on upwards today, will need to reinvest profits elseware, any decent tips would help 'Capetown'

if you like the oil/mining sector, then would recommend Petrofac (PFX i think) on which i have already posted my reasons for investing there.

outside the above sector, then take a look at The Restaurant Group (RTN) or even lonely little Pipex (PXC) ... and also Shire Pharma (SHP) which is a really good company

Master,
sold idd and fao and fep profits covered thoes losses!!

Take a look at GME

This is now at th inevitable lurching stage, baskwards and forwards till someone decides where it should go next.

Good luck if you are holding.

IMO, take your profit if not already done so ..... take good note of how sp has performed today .... opened +20p and is now -3p ..... that implies to me that sp has been overcooked already

I get the distinct impression this is going to do a belly flop now.

Not much volume today at all.

I dont suppose for one moment Institutions other than those already in are at all intersted in gas that's still in the ground and may be extracted if it's extracbale.

So do youselves a favour and take your profit while it's still there.

Otherwise, pack a parachute.

All imo etc. good luck.

Still long and strong and don't be fooled into selling just yet, FT newspaper states sp of 500p to be reached.

TM .... can you copy and paste that article please as do not get FT .... too intellectual for me!

Master - can you post a link pease?

I do subscribe but must have missed that.

I agree with TM, with a jump of yesterday of course one can expect a small drop today. The potential is going to be huge and there is going to be a lot of speculative issues from now which can easily increase the share price even more.(IMO)

Judging by the narrow spread the MM's have all they want at the moment, so will it bounce back up off 130p?

FEP Bid: 131p Offer: 132p Change: -9

Obviously I cannot predict the SP movement, but IMO the rise in market cap of 20 million is not a sufficient exploration premium given the amount of gas said to be at stake.

Positive newsflow ought to drive the SP significantly higher if nothing else does.

Okay - judging by what I see here, those that hold don't agree with what I have said, and so I genuinely wish you well.

I will not repeat a word that's previously published.

soul you know me enough to realise I am not trying to do a downer on a good thing. not that anyone has suggested that either.

So because I can see that we can possibly help each other at some point in the future, I am going to leave you all to it.

I will watch with interest in the short term.

I see this stock is destined to become as polemical as SEO :o)

Looks like the market heard you so far, SWW:

FEP Bid: 126p Offer: 130p Change: -12.5

Certainly we can agree to disagree - time will tell. I've been wrong before.

Can't wait for the appraisal drilling though!