Guys, I've been watching this for a while and like renova, watched too long whilst it got away. I've jumped in on RHEP though(at a premium nms is only 3k).

Anyway they supply chemicals and technical services to the mining and oil services industry, they are already making a profit and roughly are about 20 p/e but expecting to grow dramatically as they move into the downstream supply of chemical and services as well, so in theory they could be due a full rerating, they had traded as high as 20p last year so am expecting a recovery to that level and with further deals a push up to 30p, as ever dyor, the market seems tight on the shares so be prepared to but a premium, I did, note only a small amount, see how we go.

Got a few more than those, but those are the best prospects. Others are NSB, MTC, TND (ooops), INX (oops) and WLW.

Keeping an eye on NGG, EEN, HIF, CRL and YRK. Also might add ADE if it signs more contracts.

h,

moving on up, horrible spread!

2p eps for the year or more ie 10x for 2006, that's stingy ie profit has tripled, in theory if profit doubles next year there on aforward multiple of 5!! come on guys if they were on a pe of 15 for 2006 thats 30p and af forward p/e of 15 for 2007 thats 60p, we are at 20p, looking for 30p minimum short term

Don't get that at all, very strong results or am I missing something?

non comprenda! great results, doing all the right things, forward multiple of 4x, or well see what tomorrow brings. Maybe some big sells from earlier trades, who knows but I'm sticking with it for now.

I wouldn't worry, just some profit taking. Buy on rumour, sell on confirmation. Given the results, this one should resume the climb shortly. 30p target of yours does sound very possible.

hope so! good luck, the results were excellent imo!

Rheochem going down the pan, don't understand!!!!

highlandken, any comments on these, dead to the world!! why, look mega cheap in a great market, good profits, totally unloved

If it went up in a straight line, there would be no fun. Holding on for the moment.

highlandken, hope you still holding, i hit my stop loss and dumped, now look! dam dam

Still holding. Don't like those trailing stop losses. Patience has its reward.

Patience definately has it's rewards, I don't always apply the stop -loss, like most usually make a judgement and cross my fingers and hope the research plays out, I wouldn't mind I prdecited as much for rhep and did the research, but got spooked by its's sudden failure back to 13p, just goes to show dyor and stand behind the facts, be interested to see what happens to rhep at 25p! good luck

this "sleeper" seems to be waking up at last must be something to do with their involvement with Ithaca Energy in the Athena field.

RNS permission to develop the Athena oil field obtained by Ithaca. RHEP has arranged funds to pay their share of the costs, production of around 22000bopd expected to commence in the third quarter 2011.

RNS eight North Sea blocks to be allocated to Zeus.

H: What is your take on this share in comparison with the operator of the Athena field, Ithaca oil (IAE) ? IAE has a share price currently of 1.38 and RHEP only 12.75P. IAE has a 22.5 % interest in Athena compared to RHEP with 10%. Would it not be reasonable to assume that relative to share price, RHEP has much more to gain from the potential rewards from Athena, or am I being too simplistic and perhaps not taking into account other factors such as the higher profile which IAE has. T.I.A.

annie Athena should have a greater impact on RHEP which has a market cap >30m wheras IAE has a market cap >220m. IAE has a number of other interests in producing oilfields with its share of production exceeding 3000bopd, RHEP's other interests are mainly in supplying drilling fluids. Athena is not expected to start producing before the fourth quarter 2011.

surely you guys aren't into this amoeba stock hali

cynic have been in and currently out with a useful profit, don't knock amoeba's remember your origin.