This stock looks like the most undervalued oil company on the stock exchange. >
Sefton Resources epic SER. It is currently trading at a price of 0.275p valueing the whole company at just 4M.

You might look at the market cap and assume that this company is just an explorer or a shell, but in fact Sefton is producing over 6000 barrels of oil per month with a monthly revenue of over $300k. It's recent work on it's Tapia oilfield exceeded expectations, meaning the company hit it's 200BOPD target 5 months early, and is now expecting resource and production estimates to be further upgraded. This is before it embarks on a steam-assisted programme early next year which
could see production rates multiplied 2-4 times! It is also looking at drilling further wells on the rich Tapia field in the light of the better than expected results.

So why is it only valued at 4M? The primary reason is lack of awareness of the stock, the sub-1p price puts many people off straight away, and a large overhang.

A year or so ago the company was put in financial dire straits by a
well blowout and had to undertake large discounted placings to get
itself back on track, which it has done with a vengeance. However,
some of these placing shares, which represent some 25% of the company
are being sold into the market, depressing the price so that despite the fact that the companies prospects have improved dramatically over
the past year, the price has dropped by nearly 60%.

This makes the company an absolute bargain at these rock-bottom prices. In 6 months time I expect this to be worth 3-5 times the current price. SERIOUSLY.

There is plenty of research to get your teeth into, the best place to start is the website :

www.seftonresources.com

There are 2 excellent articles on Sefton on the following website by Ian Mclelland (Jan/Feb 2006) - well worth a read to get up to speed on this company and it's prospects:

www.proactiveinvestors.com

may be he could get some sellers interested with a bit more content to his posts,i will try myself ,eVery body sell so i can get sum cheap shares thanks,that should do it.

Lol Cellby, I'm selling tomorrow. Well, maybe not.

MJ agree with your comments on Potatohead, and if anyone is selling then then all the better for me. Happy to take the shares off yer hands for the right price!!

Any idea whats going on .39sp

Someone just bought a load at 0.4p

Also looks like MM's are trying to stop all trading (buys and sells), which usually means significant news is imminent.

Another possiblity is that the MM's are trying to fill large buy orders at say 0.35p, and are keeping the offer high to stop PI's buying up the shares, meanwhile they are collecting sells at 0.32p to fill the large buy orders?

and another lock in

recomend to sell, MM's desperate to get rid of stock

mjr1234, in 399 you wrote about "MM's, who or what is/are MM's???

Market Makers LOL, good grief.

Who or what is/are Entigy?

mjr1234 spot on 1mln .35

mjr1234 spot on 1mln .35

Thankyou fletch. Wonder how many more they have to fill?

mrj1234, 402, I hope you get treated the same way when you are old

Eh? You've lost me there myown. You're now filtered - timewaster.

mrj1234 stop picking on old people lol

LOL!

Anyway back to business - looks pretty obvious the MMs (Market Makers) are collecting stock now - wiggling the price up and down, paying 0.34 and 0.33 for stock. Looks promising.

mjr1234.
thanks for highlighting this stock.
have been watching it for past few months and took a punt at .24.
Hopefully will make some money in next few months whilst wait on SEO.
Can't believe it's so undervalued.

Which is your trade tweenie? 1M@0.34?

NO I BROUGHT AWHILE BACK AT .24 AND HAVE TOPPED UP UPTO .33.
HAVE A FEW K INVESTED.
WILLING TO WAIT MEDIUM TERM FOR A RESULT.
THANKS AGAIN.