Has any one noticed this this morning a lot of buying with just one sell Ttrade,any one think this could be a good punt,advice please before its too late.thanks.

You never know driver, I may be back.

Turned out to be a good time for you to sell 3M, these have dropped significantly on no news.
2517

I was very lucky for once 2517, keeping a close eye and if they drop any more might get back in. It was a nice birthday present. Still 78% down on everything else in my wonderful (not) portfolio.

3 updates today on Maxim Barskiy's holdings.

MB playing games like a small pi for what reason I do not know 6.5k to him is a packet of peanuts?

Nearly 10 million sells, no buys as of yet and only dropped 0.01 - strange.

Positive response to the new appointments, both having worked with Barskiy before. The FD could be called Kat Sap, far easier than her full name. Looking good but I'm not in yet.
2517

I am just waiting to see how this goes as there isn't supposed to be any news for a good few weeks yet - yet again the news could come early. If they drop anymore I will probably jump back in 2517. If they go up from here on end I shall kick myself.

I've watched this myself for a while now, I expect I'll end up with some eventually, but not yet. Hope your portfolio has picked up a bit 3M.
2517

My portfolio was -75.69% as of yesterday, cannot bare to look today 2517. Not so chuffing good. Hope yours is 100% better than mine. Cheers.

I took a near 20% hit on HFD recently although a divi of 14p a share offsets about 1/3 of that loss, and I have a few currently held losers SER, ABH,BHR,LGO,PET, and a couple others. On the plus side BBY, AMER, BPC and last weeks purchase of QPP to name a few, are doing quite well.
2517

Quiet here, are you still in this one Driver? I bought in this morning hoping for positive news on the production forecast by MTA at their interims.
2517

GEORGE

Yes still here.

so am i, is it worth a little averaging down??

Bb if you buy ten blocks of 100k I'm sure the sp would rise, perhaps you could use your HFD profits (ouch that hurt). Who knows, my getting in today is maybe a reason to get out. Ha! Ha!
2517

bb

Could be there must be some news soon, im out of funds been av ing on RGM.

Still holding here recovering nicely from the recent lows..

BrokerMan at it again...

Courtesy of a poster on the LSE BB
Brokerman Dan: Buy Matra Petroleum at 1.15p - bet On Barskiy for 2013

It's been an exceptional January 2013 for the Brokerman Daniel website, notably with stunning news from Nostra Terra (LSE:NTOG) my previous free share tip here on onefreesharetip.com So hot-footing across from the USA we change tack to revisit one of my favourite feisty Russian oilers. Yes it's Matra Petroleum. (LSE:MTA) It's taken months & months of knocking on the Matra door but finally it was opened. Persistence can pay off.

No doubt traders will be all over the stock this year but it's as an investment opportunity I write the article.

Having interviewed the Matra CEO, Maxim Barskiy this week I am as convinced as ever that Matra could be destined to be one of the stellar small cap performers this year. I jumped in at the deep end & asked the CEO how he envisaged Matra going forward in 2013 & if he was "committed" to the company? It was refreshing to see how he dealt with the questions. Barskiy exudes confidence and is a skilled orator. I was left in no doubt of his commitment to Matra.

Barskiy is a cool customer who does not get flustered no matter how much you try to rile him. He is assured & confident. His ability to succeed should not be under-estimated. A penny share oil company Matra may well be at this time, but not for long. Make no mistake. Maxim Barskiy is 100% committed to Matra. The ex-heir apparent to the TNK-BP throne now feels that his future is allied to Matra. Remember an important pointer to investment is that Barskiy is the former deputy CEO of TNK-BP, the No3 oil company in Russia. He is a proven winner and as I've said many times re' investment it is the capabilities of management that PI's should first look too before investing. The new Board of Matra is packed with exceptionally gifted individuals.

Barskiy has a plan & he's been busy behind the scenes implementing it, surrounding himself with a proven oil management team. This is exactly what happened at West Siberian Resources where he helped turn the previously struggling group into one of Russia’s most successful independent oil companies, increasing its market capitalisation from less than $100m in 2004 to $3bn by the time it merged to create Alliance Oil in 2008. Of course times change, there are less independent assets in Russia and the tax position can be quite hard on upstream exploration. Opportunities still exist in regions including the Volga-Urals area, where Matra operates while other parts of the Russian Federation still enjoy special tax breaks. Barskiy is quite capable of navigating around Russian Bureaucracy. I'd expect that the Barskiy plan involves investment outside of Russia where profits per barrel can be 3/4 times those in Russia.
Reply | Recommend | Report chna
Posts: 673
Observation
Opinion: Strong Buy
Price: 1.25
part 2Today 08:42Of course Russian oil plays are not without risk – read this tale of woe by my friend Tom Winnifrith on another Russian AIM listed oil play HERE if you are in any doubt. The key ingredient is to have a man at the help who knows how to the play the system and who is heavily invested himself. That is why Matra is a winner.

Funding.

Maxim says that funding for 2013 isn't an issue all is well with the company finances, he has personally invested £4.6 million pounds. Matra is debt free and producing approx 70bopd. With significant upside forecast for 2013.

Seismic News

Seismic interpretation is virtually complete and it can only be a matter of weeks before we get a glimpse of the potential oil in place at Sokolovskoe. (News in Feb') I asked Maxim if he thought the field was capable of producing over 2000bopd. His response was to point me to the neighbouring Mayorskoe Field where production from 3 wells is approx' 3,000 bopd. The field is producing from the same geology as Sokolovskoe. Remember the oil is already there, this isn't a question of finding the oil. It's a question of how quickly the company can proceed to the Full Field Development Plan with improved CPR & increasing production, which should increase the current 15 million barrel reserves into the classification of proven reserves. It's a simple equation, increasing reserves with oil production increases the share price. Production is set to increase in 2013. Proven reserves could double or quadruple. It really is all to play for.

With the implementation of the acquisition led growth strategy with a focus on Emerging Markets and CIS (Commonwealth of Independent States) tied into the development of a balanced portfolio with production, appraisal and exploration potential. There's a lot of news in the pipeline so get ready for a thrilling investment ride. This could be one of the most spectacular performers of 2013.

Get yourself a slice of the Matra pie today; don't delay. At these prices (1.15p) the stock represents fantastic value for small investors. 10p could easily be reached this year. The sky really is the limit here. The shares could just as easily reach 10p as they could 20p! Bet on Barskiy to succeed.

Viva

BrokerMan Dan

Still waiting here news must be on its way soon.

All sells today and the sp remained the same. Not got back in yet but thinking of doing, was waiting for it to drop a little further but am I being greedy? Who knows. GL all who still hold and equally GL to me if and when I decide to take the plunge.